Precious metals are apparently waking up. And here is where you can find the best deals.
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Corona fears have shifted the world’s central banks into hyperdrive.
Although we're told that strong governments are in the best positions to take action against pandemics, from the beginning of the
This is just the beginning. A supply shock is turning into a demand shock by the time this is all done. Replace billions with trillions and there ya go.
Chuck Schumer said Republicans and Democrats were at "the 2-yard line" as they tried to reach a coronavirus stimulus deal.
India’s prime minister orders lockdown of the country’s 1.3 billion people for 21 days.
“With the markets destroying wealth so quickly, the two shocks we’re seeing globally - the coronavirus and the oil-price war — could morph into a financial crisis,” said Carmen Reinhart, a professor of economics and finance at Harvard’s Kennedy School of Government.
The chart shows that price-inflation expectations in the U.S.A are collapsing. The U.S. Treasury Inflation-Protected Securities (TIPS) 5-year "breakeven" rate is the difference between its yield and the rate on a 5-year Treasury bond that is not protected for inflation.
Finance ministers and central bankers from the Group of Seven countries on Tuesday issued a joint statement pledging to do "whatever is necessary to restore...
The Fed has indicated it will surpass its response to the financial crisis in terms of timing, intensity and, ultimately, monetary value.
The Fed ushered out a second wave of quantitative easing Monday. But the worst scramble for cash is happening in an opaque corner of the market, where Chairman Jerome Powell has little control. What we’re witnessing is a system-wide margin call.With the coronavirus
Now, some of the same companies that binged on buybacks are in line to receive taxpayer-funded bailouts to keep them alive.
Major U.S. airlines are drafting plans for a potential voluntary shutdown of virtually all passenger flights across the U.S. as government agencies also consider ordering such a move and the air-traffic control system is ravaged by the coronavirus contagion.
Emirates and Etihad have stopped flying any passengers, while Singapore Airlines has canceled 96 percent of flights.
Based on signed contracts in February, when COVID-19 was only marginally on the radar but nothing like it was in March.
Retail stocks are getting pummeled as the coronavirus outbreak worsens in the United States and swaths of the country enter a lockdown. Ari Wald of Oppenheimer breaks down the charts.
"...PMI is roughly indicative of GDP falling at an annualised rate approaching 5%, but the increasing number of virus-fighting lockdowns and closures mean the second quarter will likely see a far steeper rate of decline.”
Japanese banks borrowed a record $89.3 billion in two Bank of Japan funding operations on Tuesday, suggesting strong demand for the dollar from the country’s financial institutions.
Europe Unable to Reach Deal on New Coronavirus Aid as Tensions ResurfaceMar 24, 2020 - 06:59:58 PDT
Euro zone finance ministers are not expected to agree on additional funding to mitigate the economic impact of the coronavirus when they meet Tuesday evening, two sources told CNBC.
Stocks jumped as investors hoped U.S. lawmakers were close to an agreement on a stimulus bill to rescue the economy from the coronavirus.
Gold Tests $1,700 And Silver Tests $14.35, Stocks Soar On Fed & Govt Intervention And ManipulationMarch 24, 2020
The question is, has the cartel lost control of the gold & silver "market"?