Precious metals are apparently waking up. And here is where you can find the best deals.
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Reports measuring U.S. economic activity are likely to be "very bad" in the first half and the unemployment rate could rise above 10% due to efforts to slow the spread of the coronavirus, Cleveland Federal Reserve Bank President Loretta Mester said on Tuesday.
Trillions in Virus Spending Could Explode Deficits to World War II LevelsApr 1, 2020 - 04:08:58 PDT
The trillions of dollars Washington is spending to combat COVID-19 is likely to push annual deficits relative to the size of the U.S. economy close to levels...
The coronavirus appears to be splitting the mortgage market as more borrowers rush to refinance to save money on monthly payments and potential homebuyers back away fast.
The Dow Jones Industrial Average and S&P 500 are coming off of their worst first quarter in history.
Spain now has 102,136 coronavirus cases, its health ministry reported Wednesday, with the number of fatalities over the last 24 hours reaching a record 864 people.
As if we didn’t have enough reasons to be angry at our “leaders”….
As many of our readers know, silver supply from mining operations has been in decline.That decline has just sped up. In a big way.As you might know, a plethora of mining companies around the world have announced they suspended part or all of their operations. It’s probably worse than we know, as I suspect other miners have curtailed activities even if they haven’t announced it.This will obviously have an impact on the supply of new metal that gets dug up.But the situation is MUCH worse for silver. Here’s why…
Dave Kranzler says the Comex has defaulted on the contractual terms of its gold futures contract. Here are the details...
Gold futures fell sharply on Tuesday, but scored a gain for month against a backdrop of ongoing worries about the spread of the coronavirus and overall losses in the stock market.
Gold accounts for about 20% of Russian international reserves, which is a high level historically and compared with other central banks. “The central bank probably doesn’t want to increase gold’s share in reserves, while the size of reserves is falling,” said Tatiana Evdokimova, an analyst at Nordea Bank in Moscow.
Anthony Fauci, the director of the National Institute of Allergy and Infectious Diseases, said Tuesday that the White House Coronavirus Task Force is giving “serious consideration” to broadening the existing guidance on face masks, but he said first priority must be given to health-care workers who are currently experiencing a shortage of masks.
Australia's coveted "AAA" sovereign rating faces growing risks from ballooning debt as the government ramps up spending to support an economy on the brink of its first recession in three decades.
U.S. new vehicle sales likely drove off a cliff in March as the coronavirus pandemic pounded consumer confidence and shuttered dealerships across much of the country, and sales are likely to take a further beating in April as social distancing guidelines remain in place.
Join Mike Maloney as he revisits his prediction of $10 oil from 2010. The mere thought of a deflationary depression and lower oil prices was ridiculed at the time - but look what has happened. Mike also gives an update on the latest news, and covers questions from you, the audience. Thanks so much for joining us.
President Trump on Tuesday said the U.S. Congress should pass a $2 trillion spending plan to update the country's roads, bridges and other infrastructure, calling for it to be included in the next bill lawmakers are currently drafting to respond to the coronavirus crisis, which they refer to as "Phase 4."
The biggest U.S. mall owner, Simon Property Group, has furloughed about 30% of its workforce as the company copes with all of its properties being temporarily shut because of the coronavirus pandemic.
Investors are using the stock rally to reset hedges rather than chase upside, signaling little conviction in the rebound. The S&P 500 Index is up 17% from its March 23 close, after gaining in four of the last five days. But it’s been a turbulent time...
Cash-conserving companies continue to rein in buybacks. Data compiled by Goldman Sachs Group Inc. shows that almost 50 U.S. firms have suspended existing authorizations in the past two weeks, according to a note from its strategists. The firm’s buyback desk estimates that $190 billion has...
Norway’s $950 billion sovereign wealth fund -- the world’s biggest -- is about to make history as it prepares to liquidate assets to cover government withdrawals.
This is a call that the U.S. is about to lose its “exorbitant privilege” of having the world’s reserve currency. This has kept its funding costs low and enabled it to buy foreign assets cheaply. “This mantle may be passing to China,”