Precious metals are apparently waking up. And here is where you can find the best deals.
Site:
Precious metals news
General Motors Co said Thursday it will extend a shutdown of its North American plants beyond March 30, but added it does not know when it will restart operations.
A Second Virus Shockwave Is Hitting China’s Factories - As other countries take drastic measures to contain the virus’ spread, demand has dropped just as Chinese firms were getting back on their feet...
Use of surveillance to fight coronavirus raises concerns about government power after pandemic ends
Here's how it stacks up to other pandemics...
It’s About What Will Hamper Job Growth In A Few Months. The dislocation is upon us, but that’s no longer our major concern. Having been left no chance to avoid one, the only issue now is how quickly we get out from under it.
...the largest single injection of federal cash into the economy in U.S. history — will do nothing to flip the switch back on for an economy enduring the swiftest paralyzation any major developed nation has ever seen.
Mar 27, 2020 - 03:45:14 PDT
The financial crisis and Great Depression took three years to play out, this crisis has taken three weeks. The Greater Depression beckons
Global cases of infection rose above 530,000 and around 24,000 people have died, according to data compiled by Johns Hopkins University.
If we intepret the coronavirus data incorrectly and pick the wrong policies, millions of lives and trillions in wealth are at stake
The U.S. now has more confirmed coronavirus cases than China, making it the country with the largest outbreak in the world.
Gold prices jumped to a two-week high on Thursday, after a record surge in U.S. jobless claims dented the dollar and boosted expectations of further stimulus to cushion the global economic toll from the coronavirus pandemic.
Stocks surged for a third straight day on Thursday as investors shrugged off the release of record-breaking initial jobless claims.
Paul McCulley, former Pimco chief economist, calls into 'Power Lunch' to discuss the state of the economy as the U.S. gears up for economic impact of the coronavirus pandemic.
The cruise industry, which has dodged US taxes and regulations for years by registering their vessels overseas, is in dire need of cash in order to remain afloat - and aren't confident that they can borrow from any of the existing taxpayer-funded loan programs due to their offshore registrations.
"The sudden impact of this emergency is requiring us to take many severe and regrettable actions..."
Nothing is going back to January 2020 levels. Rather than the “V-shaped recovery” expected by Goldman Sachs et al., the crash in asset prices will eventually gather momentum.
Gold & Silver Becoming Unaffordium & Unobtainium - Mike Maloney with Alex DaleyMar 26, 2020 - 11:55:43 PDT
Are gold and silver becoming what Mike Maloney has always suggested, Unaffordium and Unobtainium? The last few weeks have given us a preview of how stretched the physical gold and silver markets can become when the markets move, join Mike as he welcomes GoldSilver.com President Alex Daley for a special Retail Bullion Update.
The first crushing wave of 3.28 million workers seeking unemployment benefits is expected to be followed by millions more in coming weeks.
This debt is like an ever heavier weight spread across a population that isn't growing...and eventually the policies of avoidance will crush whatever is under it.
Given how extensive government interventions are likely to be this time around, it is critical that policymakers also recognize the limits of their interventions. No tax rebate, low-interest loan, or cheap mortgage refinancing will convince people to resume normal economic activity if they still fear for their own health.