Precious metals are apparently waking up. And here is where you can find the best deals.
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The wealthiest, most-reliable mortgage borrowers in the U.S. are hearing an unfamiliar word from lenders: No.The global pandemic has flipped the mortgage market upside down, turning the industry’s most-valued customers into risky bets. When the rich lose income and stop paying, costs for
A historic crash in crude prices is driving U.S. shale into full-on retreat with operators halting new drilling and shutting in old wells, moves that could cut output by 20% for the world’s biggest producer of oil.
Global oil prices continued to plunge, while the pain spread to currencies of major exporters and shares in energy producers. The most actively traded U.S. crude benchmark plummeted by over a third.
Supply was so great for negative strike options on oil on Monday that CME group has decided to allow negative options starting tomorrow...
Mexico's President Fears The Economic Consequences As Oil Prices Go NegativeApr 22, 2020 - 04:08:33 PDT
The oil price meltdown will affect Mexico’s economy and is bound to deepen the global economic crisis, Mexican President Andres Manuel López Abrader said on Tuesday...
After U.S. crude oil fell into negative territory yesterday, one expert has warned that the oil industry crisis could force many companies to stop operating
Harvey notes some interesting things about lease rates in today's update...
Global cases: At least 2,561,044. Global deaths: At least 176,984. Most cases reported: United States (823,786), Spain (204,178), Italy (183,957), France (159,297), and Germany (148,291).
New research shows that even those who recover from a relatively mild cases of covid-19 appear to have permanent lung damage.
What can the average person do to protect themselves from the unfolding economic crisis? Join Mike Maloney as he reveals what he is doing personally to protect himself from the hidden forces at work in the oil, gold, silver, currency, and stock markets.
At a time when dividend increases are few and far between, Newmont delivered a doozy: a 79% increase to its quarterly payout.
Gold futures on Tuesday end below $1,700 an ounce, at their lowest in nearly two weeks, as the U.S. dollar strengthened, pressuring the commodity priced in the currency after modest gains in the previous session.
The volume of Azerbaijan’s gold and silver mining industry increased by 23 percent and 72 percent respectively year-on-year in the period of January-March, local media reported, siting the State Statistics Committee.
Apr 21, 2020 - 13:35:48 PDT
According to estimates, Turks hold some 3,500 tons of gold. Banks have sought to capitalize on the tradition by offering accounts denominated in gold, allowing sales by cheque, bank transfer or mobile phone.
There’s a key obstacle threatening to limit the reach of the Federal Reserve’s plan to lend to states and cities to limit the financial hit from the coronavirus: state laws.The central bank’s program, the first ever targeted at the $3.9 trillion municipal-debt market, will lend money for...
Senate Strikes Deal: $484 Billion Relief Package for Small Business, HospitalsApr 21, 2020 - 13:22:13 PDT
Schumer said he spoke "well past midnight" with House Speaker Nancy Pelosi, White House chief of staff Mark Meadows and Treasury Secretary Steven Mnuchin, and that they "came to an agreement on just about every issue."
The possible destruction of the U.S. economy must be weighed against the diminishing health risks from the coronavirus, real estate mogul Barry Sternlicht told CNBC on Tuesday.
Here we go again. June WTI is now crashing - trading below $7 - down over 65% on the day...
There’s more than $250 TRILLION worth of debt worldwide, much of it owned by banks. If even 1% of that debt goes to zero, a number of banks won’t survive.