Precious metals are apparently waking up. And here is where you can find the best deals.
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China’s central bank injected the most liquidity via open-market operations since January, in a push to ensure ample cash supply ahead of seasonal tightness at year-end...
The "trough is in" narrative takes another hit this morning as the Philly Fed Business Outlook Survey notably disappointed in December, tumbling from 10.4 to 0.3 (well below expectations of +8.0).
First-time claims for state unemployment benefits were expected to total 225,000, down from the 252,000 claims reported a week earlier.
The central bank gold-buying spree is expected to continue into next year as countries continue to create a hedge against geopolitical risk and diversify their reserves away from the US dollar.Through October of this year, central bank gold purchases have totaled 562 tons, based on data compiled by the International Monetary Fund and reported by the World Gold Council. That puts the sector on pace to roughly match last year's total of just over 650 tons.
After years of lopsided influences impacting the COMEX price of gold and silver, recent data may signal that the tables are turning at long last...
Continuing trends could support higher gold prices in 2020...
More false statements by the auditor have appeared, further eroding its credibility...
A $10 Trillion Debt Burden Coming Due One Day Could Hit the Stock MarketDec 18, 2019 - 12:10:21 PST
This decade's surge in corporate debt could pressure stocks in 2020 if earnings or the economy slow, UBS proposes.
Dec 18, 2019 - 12:03:23 PST
Felder: Warren Buffett’s most famous quote has to be: “Be fearful when others are greedy and greedy when others are fearful.” But how do we know when others are fearful or greedy?
David expects a lower-low soon, and then we should be off to higher-highs. Here's more...
It’s no secret that Elon Musk has some revolutionary ideas.And by most measures, he has been wildly successful. Tesla orders hit a record 97,000 vehicles globally in the third quarter (not to mention 250,000 preorders for the new CyberTruck). The stock has more than doubled since May 1. And you might recall Mike Maloney is a big fan of Tesla cars.But there’s something you may not know about Elon Musk. He won't admit it publicly. Neither will most “green” company CEOs. But it’s a reality for all of them.They desperately need silver.
“Momentum is so strong that it’s likely to persist, but investors are paying a higher price than ever.”
Eventually the younger generations will connect all the economic injustices implicit in 'OK Boomer' with the Fed.
Afinancialcrisis“ofthepast”,triggeredbyariseininterestratesatatimewhendebtratiosandassetpricesareabnormallyhigh.
The People’s Bank of China (PBOC) is only a few months away from launching the digital version of the Chinese Yuan, making China the first country in the world to have a digital central bank currency.
Since 2015, gold has been correlated to the US dollar. What's next? Most of the time, gold is inversely correlated to the US dollar.
Millennials have had a big change this decade on home ownership rates. Let's investigate why, in pictures.
We got another one today, warning about all the right things. And then they do the opposite.
"This is nothing to do with fundamentals anymore, fill your boots, why not?"
The Fed wants a bit more inflation, but Caroline Baum wonders if the Fed could lose control of inflation in the process.