Precious metals are apparently waking up. And here is where you can find the best deals.
Site:
Precious metals news
Spot bullion as much as +2.2% to $1,679.70 an ounce, the highest price since Feb. 2013, amid growing concern that the coronavirus will harm global growth.
As of Monday, more than 79,400 cases of coronavirus have been reported, resulting in at least 2,621 deaths.
U.S. 10-year government borrowing costs fell on Monday to their lowest levels since 2016 as more coronavirus cases were reported internationally, raising fears the outbreak could do far more economic damage than earlier predicted.
If the printing press is the answer then the price action in GOLD is correct. The battle lines are being drawn as the world awakens to concerns over the newest form of contagion.
Investors poured into safe-havens last week as the coronavirus continued to create worry about the global economy. Bond yields hit all-time lows with the yield on the 30-year US Treasury dropping below 2%. Meanwhile, stocks tumbled Friday, with every major index showing losses. The Dow was down 227 points.Peter Schiff talked about what's going on in the markets in his podcast on Friday. He said despite what the mainstream is telling us, the bond market is a great big bubble.
Given the exquisite precariousness of the global financial system and economy, hopes for a brief and mild downturn are wildly unrealistic.
I’m not worried about banks or investors in subprime-credit-card backed securities. If they take a beating, fine. But what does this bifurcation tell us about consumers?
The world is going through a period of accelerating change, as four secular developments illustrate. Firms and governments must make timely adjustments, not only to their business models and operational approaches, but also to both their tactical and strategic mindsets.
The coronavirus continues to spread, and there are signs that some of the world's top economies could slide into recession as the outbreak compounds pre-existing weaknesses.
Warning that China’s virus epidemic is “still grim and complex,” President Xi Jinping called Sunday for more efforts to stop the outbreak, revive industry...
U.S. officials will have a better idea of how the coronavirus outbreak will impact the economy in "three or four weeks," U.S. Treasury Secretary Steven Mnuchin said on Sunday.
Gold prices climbed more than 2% on Monday to their highest since February 2013, as a spike in coronavirus cases in several countries outside China heightened worries about a hit to global economic growth, prompting a flight to safe havens.
“I’ve now come to the view that equity markets, global equity markets, have to reprice to take into account or fully discount the dramatic economic impact that all of this is going to have,”
Stock markets around the world are selling off Monday morning, amid spiking coronavirus cases in Italy, South Korea and the Middle East.
Things are now starting to get fast and furious. Outside of China, covid-19 is swiftly breaching defense lines all over the world. Find out why.
If you missed the $1450 level and missed the $1550 level, this is your time to attempt to find your entry point near $1650 or below that level...
Caught Off Guard By Gold & Silvers' Moves? Just Wait Until "Market Participants" Realize It's TEOTWAWKIFebruary 21, 2020
SD Friday Wrap: The parabolic rise in Covid-19 cases will look tame compared to the rise coming to gold & silver prices...
A global (or regional, depending on where you live) calamity that even a large cache of US dollars could fail to provide, is to own gold.
I call it the big dodge, watch Clarida do everything possible to not answer the question.
The economic consequences of coronavirus are quickly piling up like garbage along the streets of Los Angeles. Breaking supply chains, closed Chinese factories, iPhone disruptions, and massive shortages of Chinese made produ