Precious metals are apparently waking up. And here is where you can find the best deals.
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Since the Fed needs to monetize all debt issuance this year, and probably every other year now that the Treasury and Fed have merged and helicopter money has arrived, the pace of the current QE is like nothing ever observed before:
In the end, it’s not about the snowflakes, it’s about the initial critical state conditions that allow the possibility of a chain reaction or avalanche. The coronavirus was just the snowflake that triggered the current crisis.
Over the last month, the Federal Reserve, and the government, have unleashed a torrent of liquidity into the U.S. markets to offset a credit crisis of historic proportions.
"It's really bad and it's going to get worse. This is going to be the biggest blow to our economy since the Great Depression," he stated.
Quantitative easing has led to an unprecedented expansion of the Fed's balance sheet, leaving some economists with more questions than answers.
At some point, we will have to discuss what happens when the Fed loses control of everything for good.
Increasing calls for a debt jubilee suggests the 100-year debt-super cycle's "kick the can down the road" plan may have finally hit a wall...
Economies will re-open to a greatly diminished demand environment, with high saving rates and very low discretionary spending. This argues for a U-shaped recovery and a persistent, large output gap, in our view.
U.S. consumer prices fell by the most in more than five years in March and further decreases are likely as the novel coronavirus outbreak suppresses demand for some goods and services, offsetting price increases related to shortages resulting from disruptions to the supply chain.
A U.S. housing crisis is coming and although it won't be anything like the last one, that won’t make it any less painful. Even though there has been no rampant speculation or subprime mortgage fraud, housing is still overvalued. And the dearth of inventory that’s plagued the
"This is bigger than what happened in 2008," Dalio said in the interview, referring to the 2008 financial crisis, and the Great Recession that followed, in which the U.S. GDP fell 4.3% and the unemployment rate climbed to 10%.
Nobel-prize winning economist Robert Shiller warns a painful self-fulfilling prophecy may be unfolding in the market.
President Donald Trump approved a disaster declaration for Wyoming on Saturday, which comes 22 days after the first disaster declaration in New York, the epicenter of the coronavirus.
From Tuesday, customers applying for a new mortgage will need a credit score of at least 700, and will be required to make a down payment equal to 20% of the home’s value.
Fed's Kashkari: Coronavirus Economic Recovery 'Could Be a Long, Hard Road'Apr 13, 2020 - 04:04:15 PDT
Kashkari's comments came days after the Labor Department reported that another 6.6 million Americans filed first-time unemployment claims in the past week.
Fauci's hopeful remarks came less than a day after the U.S. counted more than 20,000 deaths from the disease, surpassing Italy as the nation with the highest number of recorded deaths in the world.
Global cases: At least 1,846,680. Global deaths: At least 114,090. Most cases reported: United States (555,313), Spain (166,831), Italy (156,363), France (133,670), Germany (127,854).
As the US approaches the half-million mark of # of people infected with covid-19, Chris shares his personal regimen for keeping his immune system elevated.
The effort by the western Central Banks in conjunction with the bullion banks to keep a lid on the price of gold is failing...
Investors were already radically under-invested in gold before the panic...