Precious metals are apparently waking up. And here is where you can find the best deals.
Site:
Precious metals news
UPDATE: Once Silver Starts to Rock & Roll, Here’s What Its Volatility Could Look LikeMar 3, 2020 - 13:01:53 PST
Last week wasn’t much fun for silver. While prices initially rose when markets started to crash, the relentless downward pressure from the waterfall selloff in stocks led to some forced selling.This week the opposite appears to be true. Silver is up over 3% as I write.Volatility is back. If you’ve been a silver investor, you’re no stranger it. Swings in prices are the norm—it just doesn’t take much cash flooding in (or out) of this teeny tiny market to impact the price.
As of Tuesday, more than 91,300 cases of coronavirus have been reported, resulting in at least 3,110 deaths.
Bear markets have notoriously big rallies as they fall down the slope of hope...
Just ahead of an emergency Federal Reserve rate cut, big banks’ demand for Fed temporary liquidity shot higher and exceeded what the central bank was willing to provide as financial markets remained deeply unsettled.
The 10-year Treasury yield broke below 1% for the first time ever in the wake of an emergency rate cut by the Federal Reserve to combat the economic effects of the spreading coronavirus.
Part II of Jeff Clark's interview with Arcadia Economics. He talks about his conversations with hedge fund managers, and why the miners will see massive leverage to the silver price. Opinions are his own.
This trader wasn’t alone in their bullish betting on gold futures, but their trade was, by far, Monday’s largest trade in gold futures, according to Michael Khouw, president of Optimize Advisors.
So markets want reassurance, but the Fed’s move today reeks of desperation and panic, but they are throwing the kitchen sink at it and liquidity may just overwhelm everything for now.
The Fed injected a record amount of liquidity this morning via its Repo Market Operation to supply dealers in the interbank market.
Washington’s deep partisan divide makes such a move seem a long shot, but a deteriorating economy could be a great motivator.
US President Trump is back on the wires now, via Reuters, noting that he expects $8.5B emergency coronavirus funding bill. He added that he's working
Rates derivatives traders were already putting on wagers last week targeting the Federal Reserve slashing rates to zero by mid-year.
President Donald Trump on Tuesday demanded that the Federal Reserve cut rates even more after the central bank announced it would slash rates by 50 basis points in an effort to combat the economic impact of the coronavirus outbreak.
The Fed's emergency cut is the first rate reduction issued in between FOMC meetings, where moves are usually announced, since 2008.
Watch Live: World Health Organization Press Conference on the CoronavirusMar 3, 2020 - 07:29:28 PST
World Health Organization officials are holding a press conference Tuesday to update the public on the coronavirus outbreak, which has infected more than 91,300 people and killed at least 3,110 across the world.
...the coronavirus poses evolving risks to economic activity.
Extreme market volatility and economic uncertainty has prompted some experts to call for action from the Federal Reserve. Ken Rogoff, Harvard professor of economics and public policy and former IMF chief economist, joins "Squawk Box" to discuss.
The Federal Reserve, in a surprise move, cut its benchmark interest rate by 50 basis points.
After the worst week since 2008, the stock market rallied on Monday on the hope of central bank stimulus. In his March 2 podcast, Peter Schiff said he doesn't think the Fed's easy money can keep the air in the stock market bubble. But the stimulus overdose will likely propel gold to new highs.
Gold prices rose on Tuesday on hopes of interest rate cuts by central banks as leading policymakers from the Group of Seven (G7) nations met to discuss how to contain the economic impact from the global coronavirus outbreak.