Precious metals are apparently waking up. And here is where you can find the best deals.
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The U.S. banking industry is highly profitable, lending is up and the number of problem institutions is the lowest since early 2007, the FDIC says. That could be an ominous sign.
The Federal Reserve could find itself fighting too-low inflation for years to come...
The inflation of the money supply, in effect, distorts the prices of goods and services. Subsequent units of a good or service may have a reduced utility, though, over time, their nominal cost increases. This also undermines individual savings…and robs savers – that’s you – of their lives…
The question now, though, is what it will take for the U.S. central bank to withdraw from its daily liquidity operations in the $2.2 trillion market for repurchase agreements, or repos - after it became a dominant player in a short three months.
Gold surged above the $1,550 mark in the wake of a US airstrike that killed a prominent Iranian general and has hit levels not seen since 2010. Monday morning, gold was trading above $1,575. As Peter Schiff put it in his podcast Friday, the yellow metal is climbing a "wall of worry."
Bank of Japan (BOJ) now holds 43.9% of all outstanding Japanese government debt compared to just 8% in 2008...
Fed Members Worried That Keeping Rates Low Encourage Too Much Risk TakingJan 6, 2020 - 04:18:48 PST
Central bankers voted on Dec. 11 to hold their benchmark funds rate steady in a targeted range of 1.5%-1.75%.
China's central bank continued to pump cash into the money market in December to meet liquidity demand from financial institutions.
This is how one leads investors off of a cliff. Keep buying the multiple expansion. Stocks are cheap. Except they’re not.
Former Fed Chairman Ben Bernanke delivered what he called “a relatively upbeat” assessment of the U.S. central bank’s ability to fight the next recession.While the Fed has limited room to cut short-term interest rates because they’re already so low, Bernanke argued that quantitative...
Job cuts due to companies going bankrupt hit the highest level since 2005 last year.According to data released by Challenger, Gray & Christmas, 62,136 announced job cuts by US-based employers in 2019 were due to bankruptcy. That represents 10.5% of the 592,556 announced job cuts last year.
Gold SPIKES To $1590 (Multi-Year Highs) Sunday Evening As Americans (Military & DOD Contractors) Begin Dying In This Ne...January 5, 2020
The US Military has confirmed the deaths, and gold & silver have spiked at the markets open Sunday evening...
Harvey Organ: New COMEX Gold Open Interest All-Time High, One Day After Making New All-Time HighJanuary 5, 2020
Daily all-time highs? COMEX gold open interest represents 111.2% of annual global production of gold. Harvey explains the fraud...
What if the Fed finds that it can’t step back from repo operations due to fear of financial dislocations?
"Despite the downside in both metals near-term, I remain bullish medium-term."
The news helped gold to build on the biggest annual gain in almost a decade, a rally that was driven by a weaker dollar, lower real rates and geopolitical concerns.
The world’s advanced economies are trying to keep their balance on an unstable platform of high consumption, asset prices and household debt as we enter the 2020s. Any significant shock or increase in volatility could trigger “doom loops” that compromise the economic and financial systems.
Citibank Has Sold Protection on $858 Billion of Credit Default Swaps.
The indicator in this chart depicts the net position of the “commercial” traders of Fed Fund futures, expressed as a percentage of total open interest. The fun part comes when we realize that the movements of that indicator get repeated roughly 110 trading days later in stock prices.
'The CAPE ratio has been as high or higher on only two occasions: 1929, just before the 85 percent stock market crash ending in 1932, and in 1999, just before the 50 percent drop at the beginning of the new millennium.