Precious metals are apparently waking up. And here is where you can find the best deals.
Site:
Precious metals news
After Blaming Fed For Forcing "Staggering, Unprecedented" Margin Calls. “This is a collapse of the system... It’s as simple as the Fed stops buying for a period of time.”
The Fedl Reserve has offered more than $3 trillion in loans and asset purchases in recent weeks to stop the U.S. financial system from seizing up, but it has not yet directly helped large swaths of the real economy: companies, municipalities...
Singapore’s central bank took unprecedented easing steps Monday to support a trade-reliant economy being slammed by the coronavirus outbreak.The Monetary Authority of Singapore, which uses the exchange rate as its main policy tool rather than a benchmark interest rate...
The Reserve Bank of India delivered an emergency rate cut and pledged $50 billion of liquidity infusion on Friday. Now traders want it to join other central banks in unleashing a massive-bond buying program.
Gold bullion has not done what it did during the past month since 2008. The Midas metal shows rapidly rising relative performance against the CRB Index as...
"this shock is extremely negative for oil prices and is sending landlocked crude prices into negative territory."
“Real rates should eventually return on a downward trajectory, with global central banks likely willing to let inflation run hot, helping to cement a multi-year rally in the yellow metal.”
Coronavirus Pushes London Banks to Consider Additional Gold Storage SitesMar 30, 2020 - 07:22:42 PDT
The five banks that clear gold trades in the London market are considering expanding their network of storage locations to other countries if it becomes impossible to fly enough gold in and out of London, said two sources involved in the discussions.
Gold prices edged higher on Monday as investors sought safe havens, with fears about the economic damage from the coronavirus intensifying after governments
extended lockdowns to curtail its spread.
There are few corners of the global financial market that have been upended as spectacularly, or as oddly, by the coronavirus pandemic as gold trading. Not only are prices swinging in an erratic fashion -- surging one moment and crashing the next -- that is undermining the metal’s vaunted...
The U.S., Europe, Japan, China & India are unleashing trillions of dollars in government spending and newly created money as they desperately attempt to keep the global economy from sinking into depression.
Last week, Congress passed a $2 trillion stimulus bill in an effort to offset the economic impacts of the coronavirus. Most people have focused on the $1,200 checks to Americans and bailouts for industries hard-hit by the economic shutdown. But the 883-page bill does a lot more than that, including empowering the Federal Reserve to hand out billions of dollars in complete secrecy.
Pandemic Will Thrust Most Economies Into 'Deep Freeze' for up to 6 MonthsMar 30, 2020 - 05:18:41 PDT
Analysts at Berenberg believe the outbreak will mean all advanced economies will suffer a recession this year.
The central bank could go where it's never gone before, into the equity market where it would take a passive interest in the performance of stocks.
President Trump reversed himself after saying he wanted the country to reopen for business by Easter.
China’s central bank cut the interest rate it charges on loans to banks by the biggest amount since 2015 as authorities ramp up their response to the worsening economic impact from the coronavirus pandemic.
Oil prices fell sharply on Monday, with U.S. crude briefly dropping below $20 and Brent hitting its lowest level in 18 years, on heightened fears that the global coronavirus shutdown could last months and demand for fuel could decline further.
Households around the world now have $12 trillion more debt than they did during the run-up to the 2008 financial crisis.
Legislators are already roughing out the contours of yet another emergency-spending package to try to keep the crisis from turning into a 21st-century Great Depression.
The coronavirus crisis is bringing the United States economy to screeching halt, as satellite imagery shows every sector getting hit.