Precious metals are apparently waking up. And here is where you can find the best deals.
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The sound of war drums dominated this week. After Iran launched missiles at US bases in Iraq in retaliation for an airstrike that killed an Iranian general, gold spiked to over $1,600 an ounce — an eight-year high. But tensions seem to have eased and the price of gold with it, as the war drums have quieted. So, what did we learn from this and what's next for the gold market? Host Mike Maharrey talks about it in this episode of the Friday Gold Wrap podcast.
Gold prices pulled back after hitting $1,600 for the first time in seven years. But one strategist says it's only getting started.
The billionaire CEO of DoubleLine Capital launched his firm's inaugural "Round Table Prime" at the firm's Los Angeles headquarters.
Mike gives a brief update on the recent earthquakes in Puerto Rico, gold's performance as a safe haven during the conflicts in the middle east, the gold silver ratio and what Mike's next investment move will be.
Jan 10, 2020 - 06:18:49 PST
The fear is that central banks will not have enough tools to fight the next recession. During and after the financial crisis they responded with a mixture of conventional interest-rate cuts and, when these reached their limit, with experimental measures...
It’s hard to see how bond yields go much lower unless they are driven down by poor economic performance. And if that happens, it will be tough for the stock market to extend its gains.
Happy New Year for Markets in 2020? History Argues Against It: BloombergJan 10, 2020 - 06:04:54 PST
The Fed will need to find a way out of its entanglement with the repo market without causing an accident, and we will need to see an economic recovery that isn’t so strong as to push up bond yields.
Companies around the globe, concerned that heightened tensions between the U.S. and Iran could roil bond markets, are rushing to borrow cheaply while they still can.
The World Economic Forum in Davos, Switzerland later this month is a textbook illustration of how the 1% are no smarter than the rest of us when it comes to resisting crowd psychology. Which is to say they border on clueless.
As Hourly Earnings Disappoint. The December payrolls report was a disappointing 145K, missing expectations of 160K (and the whisper number of 180K), and 111K lower from the downward revised 256K in December (revised from 266K).
...Gold was the top choice of investment product with which to manage risk, ahead of even government bonds.
It’s still a good idea to hold some gold as insurance. Here's why...
The IRS says virtual currency transactions will be "an important focal point" for the agency in 2020.
The feared chaos in the repo market over the year-end period didn’t materialize as the Fed had flooded the market with cash via repo operations and purchases of T-bills...
Looming government insolvency. Ecosystem collapse. Our complete dependence on depleting fossil fuels. Overpopulation. The accelerating wealth gap between the 1% and everyone else.
Jim Rickards says the dollar collapse has already begun, and the need for a new monetary order will need to emerge...
Interest rate control is running away on its own...
As I predicted last night, ALL markets will be controlled during this time of economic stress...
The underlying systemic problems are similar to the problems that pulled the rug out from under the financial system in 2008. Bank assets, specifically subprime lending assets, are melting down again.
Fed officials are signaling they intend to hold rates steady until there is a good reason to move.