GooGold Search
Precious metals are apparently waking up. And here is where you can find the best deals.

Site:

Precious metals news

As the United States pressed Saudi Arabia to end its oil price war with Russia, President Donald Trump gave Saudi leaders an ultimatum.
WHITE HOUSE ADVISER HASSETT: THE WH SHOULD HAVE BETTER IDEA SOON IF MORE STIMULUS FOR THE ECONOMY NEEDED.
    GDPNow Initial Estimate is Way Too Optimistic
Apr 30, 2020 - 12:10:18 PDT
Looking ahead, the model is off to a bad start for the second quarter. Latest estimate: -12.1 percent — April 30, 2020
States may be forced to raise taxes on employers as their unemployment trust funds face financial collapse, analysts say.
The spread between the NY futures and London spot gold price was initially caused by logistics and manufacturing constraints, and likely persists because of...
"The 6th VIX future trading above 30 suggests the expectation is that the bear market is likely not over..."
The truth of the matter is that the Fed has adopted the mindset of Wall Street: it’s legal if you can get away with it.
    Fed Support Fuels Corporate Debt Spree in April
Apr 30, 2020 - 11:27:02 PDT
Issuance of investment-grade corporate debt in April so far has hit $203.4 billion, slightly below March's record, buoyed by the Federal Reserve's unprecedented intervention into credit markets to blunt the economic effects of the coronavirus pandemic.
    The End of the US/China Relationship: Stephen S. Roach
Apr 30, 2020 - 10:43:32 PDT
It didn’t have to end this way, but the die is now cast. After 48 years of painstaking progress, a major rupture of the US-China relationship is at hand. This is a tragic outcome for both sides – and for the world. From an unnecessary trade war to an increasingly desperate coronavirus war, two angry countries are trapped in a blame game with no easy way out.
Have you noticed the price of goods and services that you need are going up? While the price of other useless stuff is going down? Mike Maloney explains the phenomenon of ‘indeflation’ in today’s update, and also provides a chilling look at the latest efforts by the tech giants to silence dissent.
Many suddenly unemployed workers in one of the nation’s wealthiest states say they have been pushed to the edge of hunger, forced to ask for help for the first time in their lives.
    Week 6 of the Collapse of the U.S. Labor Market
Apr 30, 2020 - 10:40:12 PDT
Gut-wrenching 30.3 Million Initial Unemployment Claims in six weeks. Florida ascends to Number One as it tries to catch up. “Insured unemployment rates” already over 20% in some states …
    Will Airbnb’s Implosion Trigger A Housing Bust?
Apr 30, 2020 - 10:38:04 PDT
It seemed like such a good idea at the time. Airbnbs were the next wave in hospitality, taking market share from hotels and motels and backed by a tech network that made running a virtual bed and breakfast fun and easy.
This reflects a 52.5% decrease in sales from April 2019, and a 36.6% decrease from March 2020. Edmunds analysts note that this is the lowest-volume sales month dating back to at least 1990; the second worst month for sales in the past 30 years was January of 2009, when 655,000 vehicles were sold.
    The Pandemic Is Deepening America's Many Divides
Apr 30, 2020 - 09:18:58 PDT
The pandemic has catalyzed the oversupply of labor and the deterioration of central state finances, and illuminated America's vast overproduction of parasitic elites...
    Mortgage Forbearance Balloons, Home Sales Plunge
Apr 30, 2020 - 09:16:24 PDT
In addition to logistical difficulties of selling a home in the era of social distancing, there is the explosion of a historic unemployment crisis.
Freddie Mac’s first-quarter net income plunged 88% to $173 million due to higher expected credit losses on loans amid the coronavirus pandemic.T he mortgage giant booked $1.1 billion of credit-related expenses in the quarter ended March 31, according to a statement released Thursday.
A new report from the International Energy Agency forecasts a 6% drop in global energy demand for 2020, the largest ever in absolute terms.
The figures are an early indication of the damage the crisis is expected to inflict on lenders across the globe...
Bianco Research's James Bianco explains why the market's huge April run will fall apart despite the Fed's aggressive policies. We’ll revisit the 2,200 S&P low, if not make a lower low — probably by late summer,” he said. “That’s going to come because we’re going to find out now is a critical time for the market.”