GooGold Search
Precious metals are apparently waking up. And here is where you can find the best deals.

Site:

Precious metals news

Tianjin University has successfully developed an oral vaccine to protect against novel coronavirus pneumonia (COVID-19). Huang Jinhai, the professor who led the project, has himself taken four doses and has not experienced any side effects. The university is now looking for partners to promote clinical trials and broad usage.
    Harvard: You’re Likely to Get the Coronavirus
Feb 25, 2020 - 06:58:30 PST
Harvard epidemiology professor Marc Lipstick: “I think the likely outcome is that it will ultimately not be containable.”
    Coronavirus live updates: US Plans Trial of Gilead Drug
Feb 25, 2020 - 06:41:04 PST
The total number of COVID-19 cases climbed above 80,200 as of Tuesday with deaths climbing to at least 2,704.
The odds of an American coronavirus outbreak is "increasingly likely" and could "rattle" markets in tandem, Jefferies says.
    Subprime Credit Card Delinquencies Soar
February 25, 2020
Last week, we told you about the rising level of subprime auto loan delinquencies. Well, there is a similar thing happening in the subprime credit card market.
Is this the proverbial canary in a coal mine?
Stock markets tanked on Monday. The Dow Jones was down over 1031 points. It was the biggest drop in two years for the Dow. The Nasdaq shed 355 points. The S&P500 was down 111.
As stocks dropped, the bond market was red-hot. Prices soared and yields dipped to record lows. Bonds are considered a safe-haven, but in his latest podcast, Peter said US Treasuries aren't a safe-space. When it's all said and done, the only safe-haven left standing will be gold.
You don't "take profits" by driving down the price all at once, but by selling gradually and not so much as to crash the price...
Gold prices fell on Tuesday as investors booked profits after the metal surged to a more than seven-year high in the previous session and as equities regained some footing, but a spike in coronavirus cases outside China capped bullion's losses.
    No, The Fed Will Not "Save the Market": Here's Why
Feb 25, 2020 - 04:50:14 PST
The greater the excesses, speculative euphoria and moral hazard, the greater the reversal.
People will pay the debt bill for the federal government.
Disruptions to earnings and the economy from "shock" events such as the coronavirus tend to stick around longer than more fundamental downturns, the Allianz chief economic advisor said.
As coronavirus spreads beyond China and hits global markets, investors are increasingly betting that the Federal Reserve will respond with an interest-rate cut. Fed officials, however, aren’t signaling they’re ready to budge.
The White House on Monday sent lawmakers an urgent budget request for $2.5 billion to address the deadly coronavirus outbreak, whose rapid spread and threat...
    Treasury Yields Fall as Coronavirus Concerns Persist
Feb 25, 2020 - 04:31:23 PST
U.S. government debt prices changed course to climb on Tuesday morning as markets continue to rattle amid global coronavirus fears.
MasterCard Inc. lowered its three-week-old forecast for quarterly revenue growth as the spreading coronavirus curbs international travel and even takes a bite out of e-commerce...
Financial markets on Monday ratcheted up bets the U.S. Federal Reserve will be pressed to cut interest rates to cushion a feared hit to economic growth from the spread of the coronavirus
    Dollar Pressured by Fed Rate Cut Expectations
Feb 25, 2020 - 04:17:19 PST
The U.S. dollar stayed soft on Tuesday amid expectations that the Federal Reserv...
As of Monday, 29 of 42 Apple stores in the country are opening, according to a review of the company’s retail websites. Most of these locations are still operating...
For big business, the impact of the new coronavirus epidemic is exacting a growing toll worldwide.Mastercard Inc. & United Airlines Holdings Inc. emerged as the latest companies to warn that sales and profit are getting hurt as the epidemic spreads meaningfully beyond its center in China...
Several provinces have lowered their coronavirus emergency response measures, allowing more flexibility on transportation and helping firms resume production.