GooGold Search
Precious metals are apparently waking up. And here is where you can find the best deals.

Site:

Precious metals news

In an exclusive interview, one of the world's most influential investors say ultra-low interest rates are doing more harm than good.
    Powell: U.S. Debt Is 'on Unsustainable Path'
Nov 13, 2019 - 07:42:55 PST
Fed Powell plans to warn lawmakers Wednesday that the ballooning federal debt could hamper Congress’s ability to support the economy in a downturn, urging them to put the budget “on a sustainable path.”
As the Libra stablecoin project continues to face a hostile audience of regulators, Facebook launches a new fiat payment system called Facebook Pay...
    Gold Climbs, on Track to Post First Gain in 5 Sessions
Nov 13, 2019 - 07:30:44 PST
Gold prices climb on Wednesday, poised to post their first gain in five sessions, as the U.S. stock market traded broadly lower amid uncertainty over the outlook for a U.S.-China trade deal.
Live blog of Fed Chairman Jerome Powell’s testimony to the Joint Economic Committee of Congress on Wednesday.
Powell reiterated a stance he outlined a few weeks ago that the Fed's moves this year toward more accommodative monetary policy have helped support an economy that continues to grow.
There's been a lot of optimism about the phase 1 trade deal over the last couple of weeks. Stocks have surged on the news of a possible deal. Meanwhile, gold and silver have dipped.
Peter Schiff appeared on RT Boom Bust and said the optimism is misplaced. The US is losing the trade war to China.
    How the Fed Boosts the 1%
Nov 13, 2019 - 06:29:53 PST
Even the Upper Middle Class Loses Share of Household Wealth to the 1%. It is ironic the Fed puts out this data, as if to show off its success, and how every time the wealth of the 1% is threatened, the Fed comes up with new bailouts, rate cuts, and other shenanigans.
By most standards, the accommodation is still not cheap -- $750 per month plus taxes. That works out at around $800...
SD Midweek Update: The public impeachment hearings start today. Could there also be something else that starts today?
In February 2019, the national debt hit an eye-popping $22 trillion. The projected annual deficit for this year alone is almost $1.1 trillion -- that’s more than the GDP of Singapore, Norway, and New Zealand combined.
The Labor Department said on Wednesday its consumer price index increased 0.4% last month as households paid more for energy products, healthcare, food and a range of other goods.
American consumer debt pushed to a new record of $4.15 trillion in September. Part of that equation - the continued surge in the levels of student loan debt.
Student loan balances jumped by $32.9 billion in the third quarter this year, pushing total outstanding student loan debt to a new record of $1.64 trillion. Student loan balances have grown by 5.1% year-on-year.
Over the last decade, student loan debt has grown by 120%.  Student loan balances now equal to 7.6% of GDP. That's up from 5.1% in 2009.
    NY Fed Accepts $77.09 Bln in Overnight Repo Bids
Nov 13, 2019 - 05:59:09 PST
Wednesday’s amount was higher than the $76.94 billion in repos awarded on Tuesday.
Consumer inflation is expected to have risen slightly in October, but Fed officials are unlikely to see higher prices as a threat for some time.
    Google Is Getting into Banking
Nov 13, 2019 - 05:04:13 PST
Google will become the latest technology company to wade into banking with the search giant set to offer checking accounts next year, a source says.
With gold down 6.8% from its early September high, and silver down some 15.1%, is it time to go long again?
The road to the White House in 2020 may entail a war against Wall Street and wealth itself, as polling results encourage more candidates to cast a jaundiced eye toward the financial world, Citi warned...
Argentina must repay $5 billion by the end of 2019. It doesn’t have much to work with.
With havens gutted by negative yields for years to come, JPMorgan Asset Management reckons it’s time to redefine what’s safe.