Precious metals are apparently waking up. And here is where you can find the best deals.
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"We are being primed for a major, major catastrophe in the financial world..."
With the expected price pullback underway, what can we expect for the remainder of the month and into year-end?
Congressman Asks AG Barr To Get Treasury, Fed & CFTC To Answer Questions About Gold & SilverNovember 13, 2019
The CFTC is "apparently unwilling to answer a few straightfoward questions which I and others have repeatedly posed, including questions about unusual activity"...
December Comex gold prices are likely to be underpinned on Wednesday by falling Treasury yields and lower demand for risk.
While the S&P 500 just hit a new high, these stocks are broadly plunging to new lows. Look at the performance of BYND, UBER, LYFT, SDC and WORK (not to mention the failed WeWork IPO) over the past few months and it’s clear a major shift is underway.
The federal government’s budget deficit in October rose 34% from a year earlier to $134.5 billion, putting the U.S. on course to top the $1 trillion mark in fiscal 2020 for the first time in eight years.
1.Inflation or Deflation Debate: There is a lot of hidden inflation
2. Favorite Asset Classes: Gold and Treasuries
3. Good Reason to Expect Recession: Greenspan doesn't
4. Rate Cut or Hike What's Next: It's clear what they want to do
5. Central Bank Independence: I would abolish the Fed in a second
6. US election.
Trader: Cut Through Gold & Silver's Noisy Price Action, Focus On Major Support & ResistanceNovember 13, 2019
"The entire $1400-$1350 area can be viewed as a giant support zone..."
Back in 2010, the Fed justified its aggressive monetary policy "to promote a stronger pace of economic recovery and to help ensure that inflation, over time, is at levels consistent with its mandate" (full text). In effect, the Fed has been trying to increase inflation, operating at the macro level. But what does inflation mean at the micro level — specifically to your household?
...Instead, it is driven by that most basic human emotion: fear of missing out.
'One day we will recognize the defining Zeitgeist of the Obama/Trump years for what it is: an unparalleled transfer of wealth to the managerial class.'
Americans increased their borrowing for the 21st straight quarter as more households took out loans to buy homes or refinance existing mortgages...
By 2030, there will be only two workers supporting each retiree, compared to 42 in 1946.
Then, the global bubble in junk corporate debt will crater and cause panic in equity markets like never before in history.
The Great U.S. Shale Industry Machine is finally running out of steam. What looked very promising for the shale industry in 2018 seems incredibly bleak this year.
Its National Wealth Fund and is considering investing in other foreign currencies including the Chinese yuan, Deputy Finance Minister Vladimir Kolychev said on Wednesday.
Now that the old rules governing macroeconomic cycles no longer seem to apply, it remains to be seen what might cause the next recession in the United States....
It has been a painful couple of months for the bulls, but the pain appears to be coming to an end, and not only because of what we see in […]
The Fed Is Losing Control Over Rates Again, This Time In The Other DirectionNov 13, 2019 - 08:06:00 PST
"It’s all just about Fed credibility and maintaining control over fed funds"
Federal Reserve Chairman Jerome Powell testifies Wednesday before the Joint Economic Committee of Congress.