Precious metals are apparently waking up. And here is where you can find the best deals.
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Ford Motor Co. was dealt a blow by Moody’s Investors Service, which cut the carmaker’s credit rating to junk on doubts that a turnaround plan by Chief Executive Officer Jim Hackett will generate earnings and cash quickly enough.Moody’s downgraded Ford to the highest junk rating, Ba1, saying
Economists at Deutsche Bank now think the U.S. economy is staring down the barrel of a likely recession.
China’s producer price index fell further into contraction, signaling a worsening economic slowdown that threatens to add deflationary pressures to the global economy.
"It's nothing to worry about, gold & silver will rally back up shortly". That's what they said in the mid-1990s...
Gold rebounded overnight after dropping $54 over the last three sessions. Retained its nervous and choppy tone in a range of $1504 - $1514.
Keep it up guys!
For fiscal year 2020, the federal budget deficit is expected to hit a massive $1 trillion—the first time in U.S. history that it will have expanded so rapidly in a time of peace and economic stability.
Options bets are signaling the precious-metals resurgence has much further to go, with traders making wagers that gold may rally an additional 40% and silver almost another 80%.
Consumer Credit Card Debt Explodes In July Despite Rates At 18-Year HighsSep 9, 2019 - 12:48:50 PDT
Is the American consumer really that healthy?
The Federal Reserve is worried about losing credibility over its inflation targeting, and New York Fed data confirmed Monday that consumers are indeed predicting smaller price increases over the next year.
Foreign investment in U.S. commercial real estate plunged in the first half of 2019 as signs of a global economic slowdown made buyers more cautious.
I think we may be coming full circle where we've gotten to the point where we're taking for granted low inflation, thinking we can push policy to the limits.
Insiders at U.S. corporations are selling shares at a pace not seen since before the financial crisis a decade ago.
What do they know?
Total US debt including all forms of government, state, local, financial and entitlement liabilities comes close to 2,000% of GDP, according to AB Bernstein.
First off– it’s important to know that if you buy an ETF, you’re paying for a ton of unnecessary expenses.
Sub-custodians can shift your gold even further to sub-sub-custodians, which also do not require a written agreement, and that's just one reason...
It is hard to understand why the European Central Bank is currently so anxious to find new ways to make its policy stance even more expansionary. Its hyper-vigilance about falling prices is misplaced, and its ability to increase the rate of inflation is dubious.
"I wouldn't be surprised if home prices started falling, and it could be accompanied by a recession."
Economist Nouriel Roubini believes a global recession cannot be stopped by monetary solutions. Roubini, a professor of economics at New York University, speaks during the Global Financial Forum, Monday, April 26, 2010, in New York.
The Fed will need to use tools on the "outer rim" of monetary policy during the next severe downturn.