Precious metals are apparently waking up. And here is where you can find the best deals.
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Turn the key and the economy will restart.That's a myth a lot of people in the mainstream have peddled since governments started shutting down the economy in response to the coronavirus pandemic.That's not going to happen. We're not going back to normal.
A lot of people in the mainstream still insist this isn't a financial crisis like we saw in 2008. They say this is just a self-inflicted shutdown of the economy. Since we decided to shut it down, we can decide to start it back up again. Peter Schiff begs to differ. In his podcast, he explains that this is absolutely a financial crisis and it's going to be worse than 2008.
Gold could top $2,000 an ounce and will remain elevated over the next five years as the global economy contends with the impact of the coronavirus pandemic, according to the head of Newmont Corp., the world’s top miner of the precious metal.“The level of stimulus globally that’s going
Gold rose on Thursday as investors sought safe-havens after sombre U.S. economic reports
exacerbated fears of a global recession amid central banks’ efforts to stem the financial rout from the coronavirus outbreak.
The clamor for retail investors to get hold of precious-metals coins is about to get more urgent.The U.S. Mint said Wednesday it’s temporally halting production at its West Point facility in New York because of the risk to employees from the coronavirus. The site makes gold, silver, platinum...
The devastation caused to the US economy by the coronavirus pandemic was thrown into even sharper relief Wednesday with new government data and a report from the Federal Reserve warning the bloodletting would continue.
First-time claims for unemployment insurance last week likely totaled 5 million, according to economists surveyed by Dow Jones.
U.S. public pensions suffered a double blow from the coronavirus pandemic: losing hundreds of billions of dollars in the equity market rout just as unprecedented revenue losses piled up for the governments that pay into the funds.Funding levels will be under stress because of the losses...
The European Central Bank’s decision to buy nearly € 900 billion in additional bonds this year helped contain sovereign yields and helped prevent a recovery from the 2010-2012 euro area debt crisis .
With Confidence Shattered, the Road to a 'Normal' U.S. Economy Looks LongApr 16, 2020 - 05:11:41 PDT
There is no doubt that this downturn will be historic in depth. But the nature of the event behind it is the core hurdle to an economic restart: A health crisis that has killed more than 28,000 people in the country, according to a Reuters tally, and has left fear and confusion in its wake.
“Coronavirus is affecting the labour force and the logistical problems are becoming very important..."
New York Gov. Andrew Cuomo called on the federal government to expand coronavirus testing availability.
The coronavirus crisis has revitalized calls for a universal basic income, with even the Pope suggesting that now may be the time to consider giving everyone free money.
As the world economy slowed to a near standstill in the fight against the coronavirus pandemic, leaving millions unemployed and companies depending on cash lifelines, one corner of global finance thrived: securities trading. From JPMorgan Chase & Co. to Citigroup Inc.
U.S. opposition to opening new avenues of funding for Iran and China is preventing the International Monetary Fund from deploying a powerful tool to help countries fight the economic impact of the coronavirus, according to two sources familiar with the matter.
Fed's Main Street Problem: Worries Money Won't Go Where It's Most NeededApr 16, 2020 - 04:33:40 PDT
Critics worry that the central bank is too focused on Wall Street and not enough on Main Street.
Doing “whatever it takes” to save the global economy from the coronavirus pandemic is going to cost a lot of money. The U.S. government alone is spending a few trillion dollars, and the Federal Reserve is creating another few trillion dollars to keep the financial system from collapsing.
The lowest level this indicator had reached prior to April was -34.3 during the Great Recession. Seven percent reported that conditions improved over the month, while 85 percent reported that conditions had worsened.
Drinking alcohol can increase the risk of catching Covid-19 and governments around the world should limit access during coronavirus lockdowns, the World Health Organization said late Tuesday.
Orders of face masks, test kits and other urgently needed medical equipment made by 3M, Owens & Minor and PerkinElmer are sitting in warehouses across China, unable to receive necessary official clearances.