Precious metals are apparently waking up. And here is where you can find the best deals.
Site:
Precious metals news
Rates are "likely appropriate" for a time... but The Fed "expects to transition away from active repo operations" by mid-Jan.
Chris Vermeulen: Why Gold May Hit $1700 By March And Why Silver May Lag 10 To 14 MonthsJanuary 3, 2020
Gold should rally over 25% before the end of 2020. Silver may rally as much as 15% before the end of 2020. Here's why...
It was a nice year for gold, the price rising 18.4% in 2019.Silver was up, too, but less than gold. It rose 16.6% last year.It’s a little frustrating to silver investors that it underperformed gold, especially since we all know it’s more volatile.But history has a message for us. Actually, three messages. And they all hint at the same thing…Hint #1: The Seasonal Run Has Begun
2019 was the fourth-highest year for job cut announcements since the financial crisis.
“The cost of living in New York — the high taxes, regulations and housing costs — are making it untenable to live the American dream here,”...
Illinois lost more than 130,000 tax filers and their dependents in 2017 and another 88,000 in 2018. Illinois’ 2018 loss was the third worst in the country, with only California and New York losing more residents, 153,000 and 160,000, respectively.
“The sand on inflation could shift in a hurry,” Paulsen said. “When you’re playing with a 3.5% unemployment rate & you have full-on policy juice coming from all over the globe like we’re in the pit of one of the worst recessions ever, that’s quite a combo.”
Nine U.S. states’ economies are expected to slide into contraction within six months -- the most since the financial crisis ended more than a decade ago, according to the latest projections from the Federal Reserve Bank of Philadelphia.
The Fed conducted its latest T-Bill POMO in which, as has been the case since early October, the NY Fed's market desk purchased the maximum allowed in Bills, some $7.5 billion, out of $21.9 billion in submissions.
Well, known technical Analyst Louise Yamada gives here outlook on gold in this emerging bull market.
Did you have a piggy bank when you were a kid?I did. And it almost never had anything in it.
Things that would have been easily fixed a decade ago, or even five years ago, will soon be unsolvable by conventional means. And central bankers are the ones to blame.
To be frank, every year should be the year of repo. But by and large, nobody cares because no one can see it. They don't have an immediate reason shoved in their faces for why that would be the case. For the first time since 2008, last year they were given that justification.
The Federal Reserve Bank of New York added $51.15 billion in temporary money to financial markets.
December ISM index comes in at 47.2. Anything below 50 represents sector contraction.
Gold had a pretty good run in 2019. In fact, it was the best year for the yellow metal in nearly a decade. So what's in the cards as we rush headlong into the 2020's? In this episode of the Friday Gold Wrap podcast, host Mike Maharrey looks back at 2019 and highlights some of the things that drove precious metals markets. Then he pivots and looks ahead at 2020 and beyond. Where are we going and what will get us there?
But should policy makers get their wish and some inflation returns, then it would be time to worry.
How can gold and silver investors can use the COT Report meaningfully? Craig explains...
S&P Global Ratings was the most bearish on U.S. corporate debt in 2019 than at any other point in the last decade. Last year saw the most credit ratings downgrades for U.S. companies relative to upgrades since 2009, according to S&P data compiled by Bloomberg.
On Thursday fresh economic stimulus from China added to optimism fueled by easing trade tensions and an improving global outlook.