Precious metals are apparently waking up. And here is where you can find the best deals.
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When looking at tomorrow's $100 billion liquidity drain, the repo market should be able to digest it without a surge in the G/C repo rate. If, however, the first repo prints on monday come in at 2% or higher, it will mean that Pozsar's year-end doomsday forecast may well come true.
Peter Schiff recently appeared on Kitco news with Daniela Cambone to talk politics, the economy and the Fed. He said that no matter what Jerome Powell is saying, the Fed central bank isn't finished with rate cuts.
The central banks have been on a gold buying spree for more than a decade. They're worried about the dollar. David explains...
Central banks are injecting $100 billion each month in electronic money to crush volatility and ramp markets, a similar amount in hard physical currency and precious metals is literally disappearing.
Asset bubbles are brutal. The most difficult time to remain centered and focused is during their last stages as everyone around you is going nuts. Logic has been tossed out the window, ...
Gold is climbing the wall of fear, and then slowly lurching higher and backfilling. This is an excellent sign for this market...
"...we can build positions across the sector once gold drops back into support in the $1360–$1400 zone..."
“This particular mint was established to produce coins of several different denominations at the time but its main focus was the 50-cent piece...
US & China have come to terms on an agreement it appears. This is a bit interesting, because it should be negative for gold.
The dollar index took a dive on Wednesday, and If the the dollar has indeed reversed course, then it would quite likely...
After five years of secular strength in the Dollar, the Trump administration seems intent to weaken its currency through unilateral measures. The possible implications should not be underestimated.
(Bloomberg) -- Jason Bloom last week asked an audience of about 150 advisers in the U.S. Midwest to raise their hands if they are worried about inflation. Not one hand went up.“I almost sprinted back to my desk to buy TIPS,”...
Imagine walking into a bank to borrow money. The loan officer might ask for your pay stubs and tax returns to prove your income, as well as for information about your debts and monthly expenses to determine whether you’re a worthy borrower. If the numbers don’t add up, you’d be out of luck.
'Overtime hours, NFIB hiring plans & labour market parts of consumer confidence all point to rising unemployment in 2020.'
US Weighing 100% Tariffs on More EU Products Including Whiskies & CognacDec 13, 2019 - 09:56:04 PST
U.S. Trade Representative publishes a list of additional European goods, including Irish and Scotch whiskies, it’s now considering for 100% tariffs amid the fallout of its high-profile dispute with Airbus.
Under the deal, which the U.S. and China still need to sign, the Trump administration will cancel its next tariffs and roll back other duties.
Remember a few weeks ago, I told you about earbuds that are covered in 18-karat gold? Well, I've found just the thing to plug them into. And it would also make a great Christmas gift. Or something. It's the gold-and-diamond encrusted "Jesus phone."No. I'm not making this up. Honestly, I kind of wish that I was.But no, this is a real thing.
We have a trade deal! Maybe. Meanwhile, the Fed wrapped up its last FOMC meeting of the year this week and did nothing. But Powell and Company did give us some indication about what we should expect next year. The week's news played tug-o-war with gold. In this episode of the Friday Gold Wrap, host Mike Maharrey breaks it all down and says there's a lot to be skeptical about, both with the trade deal and the rhetoric coming out of the Fed.
...algos have a few minutes to learn Chinese...
Silver mines aren’t pulling the same amount of metal out of the ground as they used to, which means less and less silver is coming to market.Why is less silver coming out of the ground? There are a number of reasons, but there’s one in particular that has sidestepped the notice of most investors, and it may surprise you to find out just how bad the situation has gotten. Let’s look at that reason and what it means for you...