Precious metals are apparently waking up. And here is where you can find the best deals.
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Gold bounces off trend line support at $1493 overnight, climbs to finish at $1502 ahead of the FOMC / Powell tomorrow...
Way back in January, I showed you that the price of gold had beaten the S&P 500 Index over a number of different time periods, including the month, quarter, year... and even the century (so far!).
Lots of buying opportunities are coming up, and the charts show us at what price levels to buy, and whether to use a stop loss or not...
The real (inflation-adjusted) yield on ten-year US treasuries is currently zero, and has been extremely low for most of the past eight years. Outside of the United States, meanwhile, 40% of investment-grade bonds have negative nominal yields.
Bill Murphy: JP Morgan Criminal Racketeering Case Way Bigger Than Gold & Silver Market SpoofingSeptember 17, 2019
What level of scandal are we talking? Watergate! Bill explains the significance of this latest DOJ case, and what it means for gold & silver...
Italy Mulls Penalty on Cash Withdrawals to Fight Tax Evasion - BloombergSep 17, 2019 - 10:17:56 PDT
A radical plan to discourage cash payments and reduce runaway tax evasion has some Italians up in arms.
In short, “Rock Star” central banker Mark Carney can create growth with monetary magic, leaving fiscal policy to ignore cyclical conditions and focus on deficit reduction.
"Permanent purchases of Treasuries may have been the single most popular suggestion in our conversations with customers..."
There are few government interventionist policies as likely to disrupt, distort, and imbalance the actions of tens of millions, indeed, hundreds of millions, of people dependent upon each other for the everyday things of life as much as price controls.
Face it: Argentina is out of money.
The Federal Open Market Committee (FOMC) is widely expected to cut interest rates at its two-day meeting starting later in the day. It would be the central bank’s second such cut after lowering rates in July for the first time since the financial crisis.
A lot of readers liked our article on how much cash could flood the gold market once institutional investors start buying. Now it’s time to look at silver. And as most readers know, the silver market is much smaller than gold, meaning it could be easily overwhelmed—much more than gold—if these investors begin to take interest.
Russia Conducts Massive Military Drills with China, A Message to the WestSep 17, 2019 - 07:38:58 PDT
Russia is carrying out a series of large-scale military exercises with China, India & Pakistan in what experts believe is Moscow trying to send a powerful message to the West.
Judy Shelton, U.S. President Donald Trump's pick to fill a vacant seat at the Federal Reserve, downplayed the independence of the central bank on Tuesday and called on the Fed to work more closely with the White House, an approach that would upend how it currently conducts monetary policy. The Fed
A spike in oil prices and escalating trade tensions are among the many news developments weighing on the Federal Reserve as it announces its next policy-setting decision on Wednesday.
Update: That didn't take long. Shortly after everyone began to realize something was very broken in the short-term liquidity markets, The New York Fed announced it will conduct an overnight repo operation for the first time in a decade.
The bad news is that it was not enough to improve the deteriorating annual trend which showed a mere 0.4% YoY growth - the weakest since January 2017...
Former Reagan administration OMB Director David Stockman has called this the "mother of all bond bubbles." Has that bubble popped? That remains to be seen, but bonds got hammered last week.Bonds have pretty much moved in tandem with gold over the last several weeks as perceived safe-haven trades. Peter Schiff talked about it in his latest podcast, saying he thinks the bond market is eventually going to decouple from gold.
The dollar firmed within sight of a recent two-year high on Tuesday on the back of ongoing geopolitical risks in the Middle East with investors looking forward to an interest rate cut by the U.S. central bank on Wednesday.
A pair of lawsuits targeting entities that JPMorgan Chase & Co. and Capital One Financial Corp. use to bundle credit-card loans into bonds could threaten the future of the $563 billion market for debt backed by consumer obligations.