Precious metals are apparently waking up. And here is where you can find the best deals.
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Part of the intense infectiousness of this virus is due to its long asymptomatic phase, where hosts feel fine but are shedding contagious particles. Increased testing is now showing that the majority of folks testing positive don’t realize they’re sick.
What will tens of trillions in new debt do to confidence in the US dollar, and what does all of this debt mean for gold & silver?
The dollar posted its biggest weekly decline in more than a decade on Friday, as trillions of dollars worth of stimulus efforts by governments and central banks helped temper a rout in global markets driven by the coronavirus pandemic.
Mar 27, 2020 - 13:46:05 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.
Trump orders General Motors to make ventilators under Defense Production ActMar 27, 2020 - 13:19:34 PDT
President Donald Trump has ordered General Motors to make ventilators under the Defense Production Act hours after criticizing the company for not acting quickly enough to produce the supplies amid the coronavirus pandemic.
Gold eased on Friday as some investors booked profits after prices hit a two-week high in the last session amid hopes for further stimulus to curb the coronavirus' economic toll, but the metal was headed for its best weekly gain in more than 11 years.
The second chart below shows what happened to the velocity of money after the 1929 crash. When data for V is updated for this current period, we expect to see a similar decline. The question, of course, is will this large decline in the velocity of money persist?
‘The challenge we face now is how to act now with sufficient strength and speed to prevent the recession from morphing into a prolonged depression, made deeper by a plethora of defaults leaving irreversible damage.’
Sanderson Farms, a large poultry manufacturer and Smithfield Foods, the world's largest pork producer, have both reported their first couple of positive cases of coronavirus.
Brazil's central bank could soon be forced to fire up the money printing presses if the coronavirus-fueled recession facing Latin America's largest economy is as devastating as some economists fear. Many observers expect Brazil's $1.8 trillion economy to post its first annual contraction...
Here Is A Breakdown Of The $12 Trillion In Global Stimulus Passed This MonthMar 27, 2020 - 12:14:45 PDT
"Markets stop panicking when policy makers start panicking."
(Bloomberg) -- In a matter of weeks, bond investors have seen some of their firmest market convictions swept away in a massive confluence of government stimulus and central bank intervention. Now, they’re being forced to rework their strategies for a new era.Core tenets such as what constitutes a safe
After Virus ‘War,’ Bretton Woods Style Shakeup Could Dethrone the DollarMar 27, 2020 - 11:42:27 PDT
Seismic shifts might be in the offing for the global monetary system — a phenomenon that historically has occurred in the wake of world wars.
Would you like to know why Mike Maloney gets so frustrated when people incorrectly refer to currency as money? It has a lot to do with what he calls 'The Race To Debase'. Join Mike in his latest update where he covers the huge change to the Federal Reserve’s balance sheet, reads a segment from his new book, and answers viewer questions. Premieres at 5pm EST, see you there.
Economists Dancing On Inflation’s Grave, Let’s Hope It Stays Dead: ForbesMar 27, 2020 - 11:28:43 PDT
Since the coronavirus hit U.S. shores and forced a partial shutdown of the most powerful economy in the world, financial analysts and commentators have spent most their time debating one question: how much money can we pump into this economy?
Home healthcare providers, the lifelines to 12 million vulnerable Americans, are scrambling to decide how to serve patients who show symptoms of coronavirus -- and how to ensure that the providers themselves neither catch nor spread it.
With so many workers videoconferencing from home - while their children stream videos and play Fortnite - the internet is creaking at the seams, according to Nokia Oyj.T he junctions between different internet networks are close to being overwhelmed, the Finnish telecom equipment company
There is a reason why the Fed took the unprecedented step to announce it would begin buying corporate bonds this week: according to Bank of America, which is looking at the latest EPFR fund flow data, March 20 was the "bond capitulation day" when a record $34.6BN in redemption from bond funds took place.
Trump has promised to sign the bill quickly, as widespread layoffs hit workers and hospitals ask for more resources to fight the coronavirus.
S&P Global Ratings and Moody’s Investors Service are downgrading U.S. companies at the fastest pace in more than a decade as debt-saddled corporations and entire industries struggle with a dramatic slump in demand brought on by the coronavirus pandemic.