Precious metals are apparently waking up. And here is where you can find the best deals.
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This is the third seal of revelation which is a rebalancing of the financial system as we know it. This specifically relates to gold, silver and paper...
Is the gold-stock upleg likely to continue powering higher despite the catastrophic economic damage from governmental lockdowns?
Whether we get negative rates or not, real yields are already deeply negative, and absent a short-term spike in yields, they are likely to go even lower...
"Asset prices remain vulnerable to significant price declines should the pandemic take an unexpected course, the economic fallout prove more adverse, or financial system strains reemerge."
Also, of note is the closing prices for the 2 front months in Silver suggesting a shortage of product in...
Not only is silver having a good day today, but it also broke through a KEY long-term technical level. While many precious metals investors do not follow or believe in technical analysis, most successful traders most certainly do. Some technical analysts are suggesting that silver may now start to outperform gold.
Tuesday has emerged as the Fed's preferred day to do the week's largest POMO.
Jerome Powell, the chairman of the Federal Reserve, gave a rare television interview to Scott Pelley that will be broadcast on 60 Minutes, Sunday, May 17 at 7:00 p.m., ET/PT on CBS.
GDPNow estimates the US economy shank by 42.8%. The New York Fed Nowcast is -31.1%
There’s something irresistibly magical and intoxicating about the promise of free money. For it promises life without labor…and life without limits. Moreover, once a nation has taken a bite there’s no going back. Free money, you see, is so delicious that too much is never enough.
Silver markets have exploded to the upside during the trading session on Friday, breaking above several barriers that now have given way quite violently.
... if they keep printing money (which they already are), and the ratio eventually returns to its historical range, the price of silver could really skyrocket.
Fed Corporate Bond Program Starts With a Fizzle as Total Assets Near $7 TrlnMay 15, 2020 - 10:08:21 PDT
The Federal Reserve's stash of bonds and other assets grew to nearly $7 trillion this week, but several of its programs are seeing slackening demand from banks and investors, and a much-anticipated corporate bond-buying facility bought little in its first day of operation.
President Trump recently tweeted, “As long as other countries are receiving the benefit of Negative Rates, the USA should also accept the ‘GIFT’. Big numbers!”
Perhaps hottest topic among bond traders and economists is whether we will see deflation or hyperinflation in the coming quarters. We chip in on the discussion, arguing why you should fear the former the most.
Powell gave a much-awaited speech yesterday, in which he sent one bearish and two bullish messages for gold. What exactly did he say and what does it mean for the yellow metal?
Fed officials struggle to convince markets that sub-zero levels are off limits. Rates on so-called fed funds futures contracts — key tools for investors seeking to bet on or hedge against interest-rate shifts — popped above 100 last week. That appeared to be a signal from the market that negative policy rates were on their way.
Bernie Sanders, Ilhan Omar Lead Call for World Bank, IMF Debt CancellationMay 15, 2020 - 08:14:58 PDT
Senator Bernie Sanders and Representative Ilhan Omar led a group of lawmakers from two dozen countries calling for the International Monetary Fund and World Bank to forgive the debt of the world’s poorest countries and step up their support.
Enormous doses of stimulus spending are offering relief from coronavirus damage but their lifelong legacy of debt could seed future crises by hobbling economic growth and worsening poverty, especially in developing countries. Central banks and governments worldwide have unleashed at least $15 trillion...