As of December 31 the bank's swaps and derivatives were at their highest level since February 2019...
How much of one's net worth should one hold in metals?
Roughly 2,100 new cases of the coronavirus have been confirmed in China, raising the global total to nearly 12,000, according to the Chinese and World Health Organization. The death toll has reached 259.
"...gold and silver might rally even more than we had previously thought..."
Market forces are always more powerful than central planners. Economic laws are unbreakable. Central banking and the Fed have been a foolish attempt to break them. One hundred years of folly is one hundred years too long! A major crisis is ahead, and the Fed is to blame.
Gold prices rose on Friday and were heading for their best month in five as worries over economic growth due to the fast-spreading coronavirus boosted appetite for safe havens.
The shock of U.S. state and local pension fund losses in 2008 led to a flurry of reforms. These may not have actually improved aggregate funding ratios, but they did stop the decline. However, we should remember Alexis de Tocqueville’s maxim, “experience teaches that the most dangerous
In real life you can always tell when someone has something to hide when they get really evasive in their answers. And boy was Jay Powell evasive in his press conference yesterday. Twice he was ask…
Ignored but true: All the projections about coming growth as a result of tax cuts have been proven wrong. All the promises that tax cuts would pay for themselves: Wrong. All the promises that we wi…
2019 saw US population growth at its lowest percentage level in US history aside from the pandemic years of 1918/1919 (when the Spanish flu took the lives of nearly 700,000 Americans).
At the 2020 World Economic Forum in Davos, Bob Prince, co-chief investment officer at Bridgewater Associates, attracted attention when he suggested in a news interview that the boom and bust cycle as we have come to know it in the last decades may have ended.
GDP Drops for First Time Since 2009...
The Federal Reserve Bank of New York executed a $45.55 billion weekend liquidity operation Friday, which resulted in led overall temporary central bank liquidity...
American, Delta are halting service to China after government warnings over the coronavirus hurt demand.
The global economic growth concerns that dominated last year are overshadowing Wall Street once again as the coronavirus threatens to hurt China’s economy.
If some guy was trying to talk you into buying gold, would the fact he was an ATF agent make you more comfortable with the transaction?I'm just going to say upfront, my answer is an emphatic no.
There are a handful of stocks in which institutions and individual investors have recently piled into. This behavior is emblematic of all bull markets once they begin to hit the manic phase.
Chicago PMI has no been in contraction (sub-50) for 7 months in a row - something it has not done outside of recession... ever
The Dow fell as traders tried to assess the potential economic impact of China's fast-spreading coronavirus while digesting Caterpillar earnings.
"The more glorious this bubble becomes in hindsight, the more dismal future investment returns become in foresight. The higher the price investors pay for a set of future cash flows, the lower the return they will enjoy over time. Whatever they’re doing, it’s not ‘investment.’