Precious metals are apparently waking up. And here is where you can find the best deals.
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The new head of the European Central Bank is getting ready to give her first official assessment of the eurozone economy...
Less than half of respondents to the CNBC Fed Survey forecast a rate cut next year and just 5% expect a hike.
Dec 10, 2019 - 05:03:07 PST
Freshly back from presenting his forecast of THE TOP 5 MINING STOCKS for 2020 at the 2019 Silver & Gold Summit in San Francisco, Jeff Clark, Senior Precious Metals Analyst for GoldSIlver.com...
"This [data] is consistent with reports that vault demand globally is surging," the firm writes.
As 2020 looms, BlackRock, the world’s largest money manager, remains constructive on bullion as a hedge, while Goldman Sachs and UBS see prices climbing...
Gold prices rose on Tuesday on uncertainty over U.S.-China trade talks ahead of a Dec. 15 tariff deadline and as investors looked to the U.S. Federal Reserve's rate-setting meeting for cues on its 2020 monetary outlook.
Central banks are consuming a fifth of the global supply of gold as a part of the de-dollarisation strategy, according to Goldman Sachs Group Inc.
Currency crises, over-leverage and low rates. Gold has been on an upward trajectory since June and the price is now at record levels in many currencies. Does this mean we are moving into a new bull market for gold?
And they’re placing bets to hedge themselves...
Future disruptions “could quickly ripple through the financial system,” the bank added.
Peak globalization is one of 10 investing themes Bank of America-Merrill Lynch has highlighted for the next decade. Shifting demographics and automation are two other stories with investment implications.
The Federal Reserve’s two-day policy meeting begins Tuesday. The Fed isn’t expected to lower interest rates, but Fed officials’ discussion should still matter for markets.
The number of Swiss bank customers being charged negative interest rates on their deposits is on the rise – and shows no sign of reversing.
The Swiss National Bank will keep its expansive monetary policy on hold at its quarterly review on Thursday...
‘End of the World’: This Futurist Has Some Grim News for the Middle ClassDec 10, 2019 - 04:10:50 PST
In other words, as automation continues to render jobs obsolete, the divide between the rich and everybody else will only continue to grow, and the middle class as we know it will cease to exist.
Like so many in the past, the latest deal by the world's major oil producing countries to reduce supply and boost prices relies on persuading the cheats to...
Dec 10, 2019 - 04:03:36 PST
The BIS report dropped the bombshell that the “US repo markets currently rely heavily on four banks as marginal lenders.” Curiously, the BIS report was too timid to name the banks.
The Fed’s mysterious injections of cash into the banking system at the top of the longest and most massive credit cycle in modern history confirm...
from the fight against an economic slump. They remain divided, reluctant to reform either their own economies or the eurozone’s institutions, and the major powers are turning inward, focused more than ever on their own domestic problems.
Black swan events are the unknown unknowns that no one can even envisage, let alone predict... But their close cousin – grey swans – can enter our imaginations...