Precious metals are apparently waking up. And here is where you can find the best deals.
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The White House is considering imposing travel restrictions on China amid an escalating death toll from the new coronavirus, sources said Tuesday.
Would not be surprised if gold enjoyed a repeat of last year’s 18% price increase and puts the top-end trading range at about $1,650 per ounce, which he admitted could be a conservative forecast.
Gold fell on Tuesday as equity markets rebounded following positive U.S. economic data while the dollar scaled a near two-month peak ahead of the U.S. Federal Reserve's policy meeting.
The disruption to global trade the coronavirus is likely to cause is going to be material, perhaps severe. And that will have serious negative consequences for the financial markets, which have been (and is still!) trading at the highest valuations in history.
The coronavirus has all the hallmarks of a true Black Swan event.
Sees US Debt Growing Exponentially After. The MMT that will be launched after the next financial crisis, and which will see the Fed directly monetize US debt issuance from the Treasury until the dollar finally loses its reserve currency status, is now factored in.
The Coronavirus is a serious matter, but it’s simply the newest of many positive drivers for gold...
The Fed Bank of New York added $84.7 billion in fresh liquidity to money markets, but overall temporary money added to the financial system by the central bank held steady.
Chicago Fed President Charles Evans is heavily influencing monetary policy this year — just not in the United States.
India and China have been hit by a surge in consumer prices that, together with a slowdown in growth, has sparked fears of “stagflation” in the world’s two most populous countries.
Prime minister Shinzo Abe is committed to a programme of massive monetary easing. Mr Abe’s party controls the Diet and nominations are usually confirmed promptly.
As we write, silver is down 3.4%, one of its more volatile days.This has pushed the gold/silver ratio back close to 90. It hasn’t been this high, meaning silver hasn’t been this undervalued compared to gold, since early last summer.It may not feel like it, since silver has been on the rise, but this level of volatility makes today a prime buying opportunity.
Consistent with the notion of a negative liquidity premium, whereby more liquid markets like the S&P are ironically more vulnerable to fragility shocks, selling vol on markets with worse fundamentals has perversely become a better investment than selling US large caps vol...
Trump: Fed Should Cut Rates so the US Can Pay Down Its $23 Trillion DebtJan 28, 2020 - 09:18:02 PST
In a tweet Tuesday morning, the president said again said the central bank should cut its key lending rate so it's more in line with that of its global peers.
Trump Administration Expands Screening for Coronavirus to 20 Us AirportsJan 28, 2020 - 09:02:36 PST
Health Secretary Alex Azar warned that the coronavirus raging across mainland China is a "potentially very serious public health threat."
Coronavirus Could Shock the Global Economy Into Recession: Stephen RoachJan 28, 2020 - 08:56:34 PST
One of the world's leading authorities on Asia warns the coronavirus outbreak could wreak havoc on the global economy.
The real culprit is that investors had become too bullish, as market-sentiment indicators show.
Markets are underestimating the potential fallout of the coronavirus outbreak, according to economic research firm AdMacro.
The Coronavirus Is A Black Swan Event That May Have Serious RepercussionsJan 28, 2020 - 07:40:23 PST
Corporate CEOs and top executives desire certainty and resent unpredictable events. In this instance, there is an extraordinary high level of uncertainty. The chances are likely that companies will temporarily pull back until there is clarity.
Jan 28, 2020 - 07:37:43 PST
The IIMF on Tuesday urged policymakers to keep a close eye on financial vulnerabilities such as rising debt levels that could pose medium-term risks to the global economy and said further monetary easing was not the answer.
Americans Haven't Been This Confident Since The Peak Of The DotCom BubbleJan 28, 2020 - 07:33:16 PST
Still, as long The Fed promises to keep stock prices high, everything in the 'economy' must be awesome, right?