Precious metals are apparently waking up. And here is where you can find the best deals.
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Central banks are ready to delve deep into their toolkits to address the economic impact of coronavirus.
A credit-driven, private sector monetary system is not capable of handling a systemic crisis like this.
Global gold-backed ETFs (gold ETFs) and similar products added 84.5 tonnes(t), or net inflows of US$4.9bn, across all regions in February, boosting holdings to new all-time highs of 3,033t.1 Combined with a gold price increase of nearly 2%, assets under management...
Globe and Mail: Citi economist Pernille Henneberg published a helpful report detailing what Federal Reserve rate will and won’t do for the global economy and markets,...
Gold prices rose on Thursday as coronavirus cases continued to spread around the world, exacerbating concerns about the global economic impact of the epidemic and prompting investors to seek refuge…
The US Federal Reserve (Fed) announced an emergency 50bp rate cut yesterday, bringing the Fed funds rate down to a 1-1.25% range, in response to ongoing concerns about the potential impact of the coronavirus outbreak to the global economy.
As the stock market reeled, the Federal Reserve cut rates by 50 basis points this week. It was the first time the Fed has cut rates between meetings since December 2008, when it made a similar move in response to the financial crisis. But that wasn't enough for President Trump. Immediately after the announcement, the president took to Twitter calling for more cuts.
With the madness in the markets over the last couple of weeks that led the Federal Reserve to implement a 50-basis point interest rate cut, Peter Schiff is starting to get some love in the mainstream media.Peter was a regular on MSNBC, Fox News and other mainstream outlets in the months leading up to the 2008 financial crisis. He was typically the lone contrarian, insisting that the economy wasn't great. Of course, in 2008, he was proved correct.
Central banks continue to disguise risk with more liquidity.
Large US banks have begun testing crisis measures in case of a broader coronavirus outbreak that prevents staff from going to work, banking sources told AFP.
A large economic recession and widespread panic and shortages would cause poverty and misery, so governments have to work out how to minimise the risk.
The ECB can do some things to help on the coronavirus outbreak, but it can’t afford to unwind progress on bad loans and capital buffers.
The Federal Reserve's quest to avoid a coronavirus-fueled recession may just be getting started.
The ECB has limited room to cut but has not yet reached the reversal rate. Cutting on the deposit rate and enhanced TLTRO III liquidity is likely, in...
Governor Haruhiko Kuroda yesterday said that the COVID-19 outbreak could inflict big damage on the economy, stressing the central bank’s readiness to take “appropriate action” to underpin a fragile recovery.
In the final quarter of the year, Italy’s GDP contracted 0.3% over the previous period in seasonally- and working-day adjusted terms, according to a second estimate released by Italy’s Statistical Institute (ISTAT) on 4 March.
World food prices slipped in February, ending four months of successive increases, with the spread of coronavirus dampening demand for some products, the United Nations food agency said on Thursday.
The U.S. dollar fell on Thursday amid expectations of the Federal Reserve will cut interest rates further, after slashing them by 50 basis points this week in an emergency move to shield the economy from the effects of coronavirus.
The emergency coronavirus bill will head to the Senate, where leaders there hope they can quickly bring it to a vote.
Thursday's slump comes after days of wild swings on Wall Street, which saw the Dow moving 1,000 points or higher two times within three days.