Precious metals are apparently waking up. And here is where you can find the best deals.
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9% of Working Americans (14 Million) So Far Have Been Laid Off As Result of Coronavirus; 1 in 4 Workers Have Had Their Hours Reduced...
Trump Would Consider Government Equity Stakes in Companies Seeking BailoutsMar 20, 2020 - 03:46:21 PDT
Trump didn't specify which companies he was referring to but called out those that have bought back stock.
The bank said it will deal with giving relief in each situation on a 'case-by-case' basis.
The coronavirus pandemic has exposed the vulnerability of countries and companies that rely heavily on a limited number of partners for their business needs.
California Gov. Issues Statewide Order to 'Stay at Home' Effective ThursdayMar 20, 2020 - 03:32:00 PDT
California Governor Gavin Newsom on Thursday issued a statewide order for all residents to 'stay at home' amid a coronavirus outbreak.
Drastic global measures to keep populations apart and slow the spread of the coronavirus could remain in place for months. That’s posing the difficult question of how long hundreds of millions of us can keep this Herculean effort going.The signs from Asia, where the disease first...
China’s National Health Commission reported 39 new confirmed cases, and three additional deaths as of Mar. 19.
Finally some good news? Several drugs show promise for treating covid-19.
Silver prices have dropped to their lowest level since 2009, boosting demand for the physical metal at a rate not seen in a decade. Supplies of physical...
The Department of State advises U.S. citizens to avoid all international travel due to the global impact of COVID-19. In countries where commercial departure options remain available, U.S. citizens who live in the United States should arrange for immediate return to the United States, unless they are prepared to remain abroad for an indefinite period.
Senate Rep. Expected to Release Third Coronavirus Relief Package ThursdayMar 19, 2020 - 13:30:55 PDT
The Senate has been under immense pressure to get a deal done with the House and administration as quickly as possible, as cash dries up for some American companies.
“We need to avoid a situation where issuers can’t access liquid short-term capital and investors fear their cash could lose value,” said Hennessy, who previously was a trader and portfolio manager at BlackRock.
Recent losses in global equities had triggered forced liquidation and a surge in the U.S. dollar.
Bid-ask spreads on the 10-year Treasury Notes have exploded and is back to financial crisis levels.
Mar 19, 2020 - 12:48:13 PDT
Based on the last four trading days, the largest digital token has bounced from session lows to gradually mark higher-lows, a signal it may be forming a bottom after the almost 30% decline this month.
Read more at: https://www.bloombergquint.com/onweb/bitcoin-shows-some-signs-of-stabilization-after-brutal-decline
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“The people that get decimated are the 80% in the middle,” Palihapitiya, an early Facebook executive, said i
Mike Maloney has never been one to hold back when it comes to the madness of ‘floating’ fiat currencies. In this update you’ll see that rather than floating, they are all in ‘free-fall’ when measured against true money, gold and silver. As a bonus, check out Mike’s tie fashion from 2005, find out what data the Fed is starting to send to the memory hole, and brace yourself for a warning against the oncoming tide of overnight experts. Thanks for joining us.
“We are seeing a positive (direct) correlation between stock markets and gold, which should not be a big surprise as every time there is a sharp market fall, many traders are using gold as their cash machine in order to keep other positions open that are being hit by margin calls.”
A golden rule of investing is falling apart in this market meltdown, and to Nigol Koulajian that’s stirring some of his darkest fears. As stocks stage historic plunges, bonds are offering no refuge - whipsawing the trillions of dollars lavished on diversification...
ECB President Christine Lagarde overruled objections from Germany and the Netherlands to adopt a historic "no-limits" commitment to shore up the region's economy in the face of the coronavirus meltdown.