Precious metals are apparently waking up. And here is where you can find the best deals.
Site:
Precious metals news
And hardly anyone is paying down their loans. Since the explosion of student loan debt following the Great Recession, annual repayment rates, or the amount of existing balances lowered, have been just 3%...
The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the fourth quarter of 2019 is 1.8 percent on January 16, down from 2.3 percent on January 10.
Meantime, the Federal Reserve’s balance sheet continues to expand, the fools continue to rush in…
This is a collection of 32 tactics, instances, misnomers, immortal fake propaganda, and even wrong-doing cropping up ceaselessly on Wall Street, in the media, in press releases, in earnings reports, and in the broader nexus between Wall Street and the media.
The gold price is determined through the trading of gold derivatives and paper futures contracts, which is pretend gold, so perhaps...
JPMorgan Chase & Co., Bank of America Corp., Citigroup Inc., Wells Fargo & Co., Goldman Sachs Group Inc. and Morgan Stanley posted earnings this week showing they saved $18 billion in 2019...
Only a few have noticed the latter while, frustratingly, no one bothers about the former (something, something QE money printing).
Will It Continue? 2020 should be an interesting year. After all, 2019 was one of the best years for the S&P 500 in history. Will the bull run continue? Currently, the S&P 500 Price-to-Sales ratio is above th…
The risks surrounding the euro area growth outlook remained tilted to the downside but had become somewhat less pronounced. While the growth outlook remained muted...
Jan 16, 2020 - 08:13:50 PST
The move is all the more worrying when read together with latest data on the evolution of the monetary base.
U.S. Consumer Comfort Reaches Highest Level More Than 19 Years: BloombergJan 16, 2020 - 07:09:35 PST
U.S. consumer confidence advanced last week to the highest level in more than 19 years on increased optimism about the economy, personal finances and the buying climate.
A well-timed cyber attack on a single large bank could spread rapidly through the U.S. financial system by dramatically impairing the flow of credit between financial firms, according to new research from the Federal Reserve Bank of New York.
Germany's Bundesverband der Deutschen Industrie (BDI) warned Thursday that economic growth in Europe's largest economy was "stuck in a recession,” with little hope of an economic rebound.
It was the 13th month in a row of year-over-year declines, and the steepest year-over-year decline since November 2009, during the Financial Crisis...
Citing a “collapse” in the local economy and high levels of financial leverage, he compared Hong Kong to Iceland and Ireland before those nations’ banking systems imploded during the global financial crisis.
Gold had a strong year in 2019 and a World Gold Council report says the outlook for 2020 remains bullish.We expect that many of the global dynamics seeded over the past few years will remain generally supportive for gold in 2020."Gold charted its best year since 2010 last year. The price increased by 18.4% in dollar terms. The yellow metal also reached record highs in every G10 currency except the dollar and the Swiss franc. There were record inflows of metal into gold-backed ETFs and central banks continued to gobble up gold.
Donald Trump and Chinese Vice Premier Liu signed the Phase 1 trade deal on Wednesday. The mainstream was generally bullish on the news, but there was some underlying concern because the deal did not bring substantive tariff relief. Peter Schiff broke down the deal in his latest podcast, saying that despite all the hype, the deal was really much ado about nothing.
A breakout above that line would suggest that inflation (even stagflation), after being written off as a relic of the past, could finally be making a comeback.
The rate cut is not the best way to boost the economy so the banks are expected to implement additional stimulating measures. As for the domestic currencies, they are supposed to be under pressure in the case of the prolonged dovish policy.
...amid all this exuberance, auto sales slipped as did department stores...