Precious metals are apparently waking up. And here is where you can find the best deals.
Site:
Precious metals news
Feb 21, 2020 - 01:59:28 PST
Good information is increasingly hard to come by as world governments suppress any and all non-official sources. And much of the official 'data' being released appears untrustworthy. In many cases, it seems too benign for the massive and draconian efforts governments are taking around the world.
Dave Kranzler: Smart Money In Gold Foresaw Repo Market Crisis As Early As June 2019February 20, 2020
The Fed is desperate to prevent the economy from collapsing. Was the 2019 repo market crisis a "Lehman moment"?
Why in the world would Mike Maloney, lover of all things Tesla, cancel his order on his Roadster?! Because he believes he'll someday buy this quarter-million dollar car with a $25,000 investment in this asset now. Yes, you read that correctly, Mike thinks there’s a potential 10X with this undervalued asset.
Gold is usually used as a haven for turbulent times, but not lately.
Contrary to what investors often assume, the price of gold is not determined by consumer demand such as jewelry or coins. What drives the gold price is...
Greenspan: Rising Budget Deficits Will Cause Inflation to Rapidly IncreaseFeb 20, 2020 - 11:29:56 PST
If Congress does not reign in the ballooning budget deficit, inflation in the U.S. will begin to rapidly increase, former Federal Reserve Chairman Alan Greenspan warned on Thursday.
After many years of missing their inflation targets on the downside, virtually all major central banks seem to prefer inflation (the devil they know) over deflation (the devil they don’t know).
The Fed looks to be laying the groundwork to lower U.S. interest rates this year, just as they did in April 2019 before cutting rates in July, September and October.
The IRS Will Be Target Taxpayers T $100,000 a Year With in Person VisitsFeb 20, 2020 - 11:07:05 PST
IRS audits have been sliding for years as the federal tax collector’s staffing has been reduced.
Add Societe Generale SA to the list of major banks adjusting 2020 forecasts for the world’s most-traded currency pair as the coronavirus upends expectations for the global economy.
The amount of debt owed by the world’s governments will jump to a record $53 trillion by the end of the year, S&P Global estimated on Thursday, with $8.1 trillion set to borrowed this year alone.
Fed: Virus Could Deliver Negative ‘Shock’ Could Force Fed to Lower RatesFeb 20, 2020 - 09:28:06 PST
“But if I were to guess what the next move would be, my best guess is the next would be down rather than up, because we are pretty close to neutral today.
The spread of the coronavirus has suddenly sparked foreign-exchange traders into action.The dollar is emerging as the winner, heading toward a key psychological threshold that could supercharge a rally few saw coming at the start of the year.
"We caution investors that this bubble will likely collapse, i.e. this time is not 'different,'" the strategist said.
China Injects Record 5 Trillion Yuan In New Debt To Arrest Economic CrashFeb 20, 2020 - 09:02:13 PST
The total credit injection of more than 5 trillion yuan, or roughly $725 billion, in one month, was the single biggest on record.
Fed considers introducing a temporary asymmetric operational inflation target range
Stocks fell on Thursday, giving back some of the gains from the previous session that led two of the three major indexes to record highs.
The Dollar Index looks poised for a run at the 100 level for the first time since 2017 as investors seek out the safety of American assets amid the ongoing coronavirus spread.
49 percent of Americans say they expect they will be living paycheck to paycheck this year.
Sweden's Riksbank said on Wednesday it had begun testing an e-krona, taking the country a step closer to the creation of the world's first central bank digital currency (CBDC).