Precious metals are apparently waking up. And here is where you can find the best deals.
Site:
Precious metals news
The Bank of Japan has no preset idea now on when it would slow its purchases of exchange-traded funds (ETF) back to normal, a senior central bank official said on Tuesday.
Silver hasn't been this cheap compared to gold in 5,000 years of human history. What is the silver-gold ratio telling us? Is silver about to shine?
The public pension plans lost a median 13.2% in the three months ended March 31, slightly more than in the fourth quarter of 2008.
Central banks and governments have unveiled an estimated $15 trillion of stimulus already to shield their economies from the coronavirus pandemic - record sums that will swell balance sheets and deficits to peacetime highs.
Core CPI Crashes Most On Record; Food Costs Soar As Energy & Apparel CollapseMay 12, 2020 - 06:57:35 PDT
That is the biggest monthly decline since records began in 1961...
Splits in the Market Into Haves and Have Nots, It Makes Strange BedfellowsMay 12, 2020 - 05:38:42 PDT
Gold and high-tech related companies might not seem to have a lot in common. One is a physical commodity, considered one of the world’s oldest and most durable forms of currency, and prized by investors for its safety.
The Federal Reserve will do whatever the moment demands to protect the banking system, Fed Vice Chair for Supervision Randal Quarles said.
Having already been buffeted by two big shocks in the last ten years, the global economy’s highly interconnected wiring is suffering a third because of the COVID-19 pandemic. Globalization thus faces a three-strikes-and-out situation...
Case For Monthly Virus Stimulus Checks: Americans ‘Need Consistent Liquidity’May 12, 2020 - 05:26:13 PDT
The latest Democratic proposal for the next round of stimulus is monthly checks for $2,000 for all Americans for the duration of the pandemic.
More Monetary Easing in the UK 'Quite Possible,' BOE Deputy Governor SaysMay 12, 2020 - 05:20:13 PDT
The Bank of England's monetary policy committee are "prepared to do what is necessary," Deputy Governor Ben Broadbent told CNBC.
Total household debt was over $1.6 trillion higher than the previous peak in 2008 even before the full force of the coronavirus pandemic government shutdowns hit the economy.Household debt increased by $155 billion (1.1%) in Q1 to a total of $14.3 trillion, according to the latest data released by the New York Fed. The previous peak was $12.68 trillion in the third quarter of '08 in the early days of the financial crisis.
May 12, 2020 - 05:16:16 PDT
Larry Summers is against central bank digital currencies being anonymous. Former CFTC head Chris Giancarlo says its essential there is some privacy for CBDC
The next housing crisis is here, and this time, it’s about rentals. Across the U.S., landlords and tenants are wrangling over next month’s rent while an approaching avalanche of evictions threatens to bury them both.
China’s factory deflation deepened in April and consumer price gains slowed, signaling ongoing weakness in the world’s second-largest economy.The producer price index dropped 3.1% in the month, versus a forecast 2.5% decline.
Small businesses know the economy is going to be terrible in the short run and that their own sales might suffer a record drop, but they are more hopeful the corner will start to turn in the next several months, a closely followed survey showed.
The central bank will kick off its Secondary Market Corporate Credit Facility, which is the part of a history-making initiative that will be purchasing exchange-traded funds that track that part of the debt market. Asset management giant BlackRock will be running the operation.
As coronavirus has spread rapidly among meat plants across the country, it's not just the workers that are getting infected.
Authorities around the world are on the alert for a second wave of the outbreak as various economies restart.
We're angered by last night's 60 Minutes interview of virologist Peter Daszak. Dr. Daszak made a number of irresponsible declarative statements that threw scientific principles under the bus in order to deflect attention from his questionable actions.
Most people these days think inflation is a rise in consumer goods prices of more than 2 per cent per year – a result of what mainstream economics has been teaching generations of students all around the world. However, equating inflation with changes in consumer goods prices is inadequate and highly deceptive for various reasons.