Precious metals are apparently waking up. And here is where you can find the best deals.
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When Fed officials hold their regular policy-making meeting next week, all the lights on their dashboard will be flashing red. The unemployment rate is expected to reach double digits by June.
The Bursting of the Australian Real Estate Bubble - Special Report with Mike MaloneyApr 24, 2020 - 10:05:58 PDT
Today’s special presentation is a textbook example of the consequences of a ‘government-mandated’ bubble. This is not just for Australians, everybody needs to watch this video because this kind of situation is coming to a government near you sooner rather than later.
Bank of America (BofA) says its supply and demand model suggests that prices below US$15 per oz. “are hard to justify even now,” and predicts that prices could reach US$20 per oz. in the next 12 months.
Both World War I and World War II—and, indeed, the Vietnam War—were followed by nasty bouts of inflation. If that happens again, policy makers today being cheered for their swift, decisive action will instead have to answer for their grave lack of foresight.
Developing countries need about $1 trillion in debt canceled to free up funds to fight the coronavirus pandemic and avert a massive debt crisis, the United Nations said.Immediate payment waivers coupled with a debt overhaul will help countries stay solvent...
I'm at work right now.I'm still wearing my pajamas.Welcome to the strange new world of coronavirus lockdown.
Germany expects the fallout from coronavirus to lead to the worst economic contraction since the country began its recovery in the aftermath of World War II. Gross domestic product is forecast to shrink by 6.3% in 2020, a deeper plunge than even during the financial crisis a decade ago...
26.453 million + 7.140 million + 4.00 million / 162.913 = 23.1%. That is higher than my 18% Unemployment Estimate a Week Ago. Why?
Given that new home sales are recorded at offer acceptance and existing home sales recorded at closing, the existing home sale crash may lag a bit, spread over more months.
Food banks nationwide are squeezed between short supplies and surging demand from needy families as the coronavirus pandemic has put more than 26 million Americans out of work.
The asset manager’s surprise announcement underscores persistent stress in credit markets as the coronavirus pandemic wreaks havoc on the global economy.
150 Years of Oil Price History in One Chart Crude’s Plunge Below $0 a BarrelApr 24, 2020 - 07:35:35 PDT
The formerly unthinkable drop in oil prices below $0 a barrel on Monday is still reverberating through financial markets, as supply overwhelms demand...
EU leaders agreed on the need for a fund to support the recovery of Europe's economy from the coronavirus pandemic, but disagreed on details. The commission will come with proposals tied to the new long-term EU budget.
The United Kingdom's government borrowing is soaring to the highest levels in peacetime history, increasing pressure on the government to set out an exit strategy.
A worsening economy was expected by 89% of all consumers, only below the peak of 96% in February 2009, during the last recession.
Lloyd’s of London boss John Neal has said that the coronavirus pandemic is likely to be the most expensive event in history for the insurance industry, dwarfing other major disasters such as Hurricane Katrina in 2005 and the 9/11 terror attacks.
It was another crazy week on Wall Street with a lot more economic doom and gloom, punctuated by a complete meltdown of the oil futures market. In this week's Friday Gold Wrap podcast, host Mike Maharrey talks about some of the highlights - or lowlights - but he also injects a little optimism into the conversation and offers some constructive advice.
Australia’s largest gold refinery has ramped up production of one kilogram bars to ease the supply squeeze in the U.S. that helped propel a surge in the premium for New York futures.The collapse in air travel that’s grounded passenger jets -- frequently used to transport gold products...
The Trump administration has doled out roughly $881 billion from the major components of the pandemic relief package signed into law one month ago, and soon will have a half trillion dollars more to shovel into the economy.
Tapered QE-4 Further, Still Hasn’t Bought Junk Bonds or ETFs, Was Just Jawboning.