Precious metals are apparently waking up. And here is where you can find the best deals.
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We’re also seeing more reports that social distancing, PPE and good hygiene practices really do make a big difference — so keep up your efforts, folks!
Currency Bombers Fill the Sky - Gold/Silver Market Update with Mike MaloneyMar 23, 2020 - 17:22:44 PDT
It now appears that governments around the world have skipped the helicopter drops, and are headed straight for the Currency Bombers. Join Mike Maloney as he discusses this unprecedented printing, as well as his thoughts on mining stocks and ETFs.
Even before the coronavirus appeared, many American families were falling behind on student loans, auto loans, credit cards, and other payments...
The Fed unveiled its ultimate bazooka today - unlimited buying of pretty much any- and every-thing until this all calms down. The problem is - it didn't reassure investors as they've had 10 years of knowing that whatever The Fed 'creates' is simply money-printed delusion that does not reflect any real economic progress.
Fed announces unlimited QE and sets up several new lending programs pic.twitter.com/PXjedWTBcx
U.S Treasury Secretary Steven Mnuchin is seeking to tap executives from Goldman Sachs Group Inc. and other Wall Street firms to help oversee more than $200 billion in bailout packages that the Trump administration is proposing to ease the economic damage of the coronavirus outbreak, people familiar with the matter said.
The sheer carnage in gold-stock-land has been jaw-dropping!
Potential Wave of Mortgage Delinquencies Could Bankrupt the Payment SystemMar 23, 2020 - 12:17:57 PDT
Mortgage bankers estimate that if a quarter of borrowers are granted loan forbearance for six months or longer, demands on servicers could exceed $75 billion and could climb well above $100 billion. That would easily bankrupt the mortgage finance system.
The most brutal stretch for global markets since the financial crisis likely isn’t over yet, say investors and analysts who believe it is too early to assess the possible scale of economic damage from the coronavirus.
In reacting to overwhelming evidence of a devastating blow to corporate earnings, policy makers and investors now have to come to grips with another consequential theme connected to that: the severity and duration of balance-sheet stress and the potential to relieve it.
IMF: Virus May Cause Global Recession Worse Than Global Financial CrisisMar 23, 2020 - 10:27:59 PDT
Economists at the International Monetary Fund now expect a global recession this year as a result of the coronavirus that could be worse than during the...
In the video, I discuss in detail how the global silver mine supply is likely to contract considerably over the next two quarters as the worldwide contagion continues to spread. However, the demand for physical silver bullion will intensify as the markets and financial system continue to disintegrate. This will push the price of silver higher as investors move into the precious metals to protect wealth.
Three of the world’s largest gold refineries said on Monday they had suspended production in Switzerland for at least a week after local authorities ordered the closure of non-essential industry to curtail the spread of the coronavirus.
Sure, it’s the story of gold for much of this month. But that’s only half the answer. It’s also a scenario that played out in the depths of the 2008 global financial crisis, right before gold started a years-long rally that culminated in the 2011 price record still in place today.
When there’s unexpected inflation, your expenses will go up dramatically. This is a real hazard for those who are living or will soon be living on a fixed, monthly budget.
The economic fallout from the global coronavirus pandemic will be felt far beyond the immediate impact of the virus, the OECD's secretary general told CNBC Monday.
How Far Will They Go? Central Bankers & Eu Leaders Push for 'Corona Bonds'Mar 23, 2020 - 08:59:18 PDT
European countries are under growing pressure to take an unprecedented move and issue a new kind of debt to tackle the economic impact of the coronavirus.
The second, third and fourth quickest 30% pullbacks all occurred during the Great Depression era, according to data from Bank of America Securities.
he hunt for masks, ventilators and other medical supplies consumed the U.S. and Europe, as more than 1.5 billion people — one-fifth of the world's population — were urged or ordered...
New York Gov. Andrew Cuomo estimated up to 80% of the state's more than 19.4 million residents will get the coronavirus.
Apple appears to have updated on Siri on Saturday to help users who are wondering whether they have COVID-19.