Precious metals are apparently waking up. And here is where you can find the best deals.
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.. biggest drop ever to its lowest level since May 2011.
With the U.S. economy gripped by its worst crisis since the 1930s, Federal Reserve policymakers are expected to offer sweeping assurances Wednesday that they will act as needed...
Last year, we reported extensively on a push toward de-dollarization by countries like Russia and China and their desire to undermine the ability of the US to weaponize the dollar as a foreign policy tool. Europe was even starting to push to dethrone the dollar as the reserve currency.With the Federal Reserve running the dollar printing press at full speed and the US government expanding the national debt into the stratosphere, there are renewed calls for a currency to replace the dollar as the world reserve.
GDP Sinks 4.8% in q1. Biggest Drop Since 2008 a Prelude of Worse to ComeApr 29, 2020 - 06:54:57 PDT
The worldwide spread of the coronavirus begin to nip at the edges of the U.S. economy early in the quarter before exploding in March into the biggest crisis since the Great Depression some 90 years ago.
We're starting to get data revealing just how bad the coronavirus government shutdowns have impacted the economy. One commentator called it a "house of horrors." But markets have barely shrugged. There doesn't seem to be much concern. Peter Schiff said there's a pass now on economic data.
Gold prices edged lower on Wednesday as optimism over economies easing coronavirus lockdowns lifted other assets and investors awaited the U.S. Federal Reserve's monetary policy decision later in the day.
Bank of Nova Scotia (Scotiabank) told staff on Tuesday it would close its metals business, drawing the curtain on one of the most venerable names in precious metals trading, two sources familiar with the matter told Reuters.
While there is never a good time for a pandemic, the COVID-19 crisis has arrived at a particularly bad moment for the global economy. The world has long been drifting into a perfect storm of financial, political, socioeconomic, and environmental risks, all of which are now growing even more acute.
Will the Fed go negative? With interest rates already at near zero, there’s still room to bring them down further—negative interest rates have already been explored by Japan and the European Central Bank...
The Federal Reserve is trying to ensure that states, cities and counties knock on Wall Street’s door first.
Bond investors know not to expect more dramatic action from Wednesday’s Federal Reserve policy decision -- the past six weeks of emergency relief measures worth trillions of dollars are still coursing through markets.
When Thursday's initial claims report is published at 830am on Thursday, the Dept of Labor will confirm that the current depression is unlike any seen before...
It appears our reports on meat shortages developing across the country could materialize in the next several weeks as President Trump is about to sign an executive order to address the issue.
Deceased people aren’t eligible for the $1,200 stimulus payments some of them have been getting, and their relatives and estates should pay the money back to the government, Treasury Secretary Steven Mnuchin said.
The coronavirus is having a profound effect on the U.S. economy, but it should be able to stage a strong comeback, said former Federal Reserve Chairman Alan Greenspan.
The Fed is not expected to adjust rates but it could provide details on the unprecedented moves it has made to fight the virus impact.
This infographic showcases the industries that will benefit from COVID-19 consumer spending, and the industries that have a very uncertain future.
Global cases: At least 3,113,447. Global deaths: At least 216,930. Most cases reported: United States (1,011,877), Spain (232,128), Italy (201,505), France (169,053), and United Kingdom (162,350).
The Covid-19 virus "acts like no pathogen humanity has ever seen". It does severe damage to the lungs, heart, blood vessels, kidneys, gut, skin and brain.
Investment demand for silver looks solid, with no end in sight to the low-interest-rate/ loose monetary policy direction of central banks, combined with record-breaking stimulus packages being passed by governments, as the coronavirus crisis rages on.