Precious metals are apparently waking up. And here is where you can find the best deals.
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"From that moment on, I never had to explain to people the rationale for owning silver," Kaplan said on the NovaGold call, referring to the metal having many industrial uses and serving as a store of value. "The fact that it has both components means that it's gold on steroids," he added.
The Unemployment Rate Signals The Dow Jones Index To Crash To This LevelMay 26, 2020 - 04:19:15 PDT
Even with the highest unemployment rate in more than 80 years, the U.S. Stock Market continues higher regardless of the lousy economic data and fundamentals. However, without the massive money printing and liquidity injections by the Federal Reserve, the stock market indexes would be substantially lower.
The U.S. Is in ‘Relative Decline’ as ‘Chinese Power Is Rapidly Rising,’ Warns DalioMay 26, 2020 - 04:11:37 PDT
The days of U.S. hegemony are numbered and China is waiting in the wings, argues Ray Dalio, in his most recent missive on LinkedIn.
The Surge In Gold Is A Sign Of Eroding Confidence In Central Bank Generated MoneyMay 26, 2020 - 04:02:40 PDT
Gold is soaring due to investor concerns with reserve currencies in an era of record budget deficits, in turn motivating long-term concerns about sovereign risk in Europe and inflation or fiscal irresponsibility elsewhere.
Eventually, as demand recovers, the higher costs imposed on businesses will result in inflation, or more likely “Stagflation.” Fed: The Fed is more worried about near-term deflation than about the longer-term inflationary forces that have already been unleashed.
The European Central Bank should not need to take into account the size of a country's economy when buying governments bonds, François Villeroy de Galhau told CNBC.
Singapore will in total spend nearly 100 billion Singapore dollars ($70.4 billion), or around 20% of GDP, to help businesses and households manage the economic impact of the coronavirus.
Covid-19 has infected more than 5.5 million people worldwide and killed more than 346,000 people
America and other countries are now starting the process of "getting back to work". While easy to say, we're fiinding out it's complicated to do.
If there’s a crisis will you be able to get any cash out of the bank? Will the banks even have any cash? Because, as of last March, it is no longer a requirement - the banks aren’t required to have a single dollar bill.
"...quite possible that this rally still has legs. We lean to the bull side..."
When gold moves higher, the valuations for gold producers can move exponentially. The coming mining cycle could rival the tech bubble of the 1990s...
Gold Miner Fundamentals: Outstanding Quarterly Results Point To Big Gains In Coming MonthsMay 24, 2020
While government-imposed shutdowns affected many miners, plenty of other ones avoided them...
"You have set the gold community afire, with claims that are not new and not true. So I shall attempt to douse the flames."
Gold has been a prized commodity since its discovery thousands of years ago for its beautiful appearance and variety of uses. Here are just 25 of the most surprising facts about the yellow metal.
Only a few weeks after publishing last year’s Report we surpassed the resistance zone of around 1360 and gold entered a new phase of the bull market. We can expect new all-time high, also in US dollar terms. Looking at more recent days, we see that gold did exactly what it was supposed to do...
According to local media, the children — both around 10 years old — made the discovery when their family went to stay with an older relative in the French town of Vendome after lockdown measures were enforced in March.
May 22, 2020 - 12:44:45 PDT
one program that has been operational for the past eight months is the Fed’s Repurchase Agreement (repo loan) facility. It had funneled $6 trillion in emergency, below-market rate, revolving loans to Wall Street’s trading houses before the first case of coronavirus had appeared anywhere in the United States. It is likely to remain behind the Fed’s dark curtain forever under the excuse that it’s part of the Fed’s open market operations.
Although painful, the solution to the 2020 economic recession is simple—uncover our problems, let prices adjust, and reallocate capital toward productive usages.
Mr Resolute is buyin' on the dip, and when someone steps in and takes away $92,000,000 worth of gold, they have...