Precious metals are apparently waking up. And here is where you can find the best deals.
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Hiring has moderated, but layoffs remain low. As long as this continues recession will remain at bay."
I once asked my institutional investor friend, who used to work at Goldman Sachs and has been a gold owner for many years, what would make him buy more bullion. Without hesitation he said, “When the price breaks out.”Well, as is clear to the world, gold has broken out of its long-term trading range.My friend is not alone in this sentiment of waiting to buy an investment until it’s rising. Institutional advisors, brokers and managers sit on the sidelines until a dormant asset class comes alive and establishes an uptrend—then they jump in.
Canaries in U.S. Labor Market Warn of Potential Weakness Ahead
The Federal Reserve is expected to cut rates by a quarter point at its next two day meeting in September.
Low interest rates have been one of the biggest challenges for lenders globally.
The eurozone faces a category five economic storm. It is structurally defenceless as the world slides into recession. This will not be an ordinary downturn because central banks no longer have the instruments to fight it.
It's that D-word again. Deflation is knocking at the door of the global economy. But who is going to answer, and who is really at the door?
In coming quarters a policy mistake (inflation targeting/MMT) and/or the start of policy impotence, will likely cause a jump in interest rate volatility, end the decade-long bullish combo of Minimum Rates-Maximum Profits, signal the Big Top in asset prices.
As global central banks swing back into easing mode, old tools long frowned upon by monetary purists are being embraced to ensure cash goes where it’s needed.Having proven their stripes in
China's top trade negotiator Liu He spoke with USTR Robert Lighthizer and Treasury Secretary Steven Mnuchin Thursday, the Commerce Ministry said.
If the dollar was to strengthen from here, however, that could be negative for gold...
Gold softened overnight, trading in a range of $1534 - $1550. Ticked up to its $1550 high early during Asian time where resistance at the $1549 - $1550 triple top (8/26, 8/29, and 9/3 highs) capped the advance.
Something must have motivated the Indians to import more silver because the summer months haven’t typically been a strong buying season.
The London Metal Exchange’s gold and silver futures are being thrown into doubt, with the imminent resignation of Societe Generale as a market maker threatening to deepen a decline in trading activity
In conducting monetary policy, the Fed needs to be accountable to political institutions, yet independent of political pressures to finance budget deficits or use the printing press to satisfy special interests (whether those interests take the form of a border wall or a “Green New Deal”).
Global market uncertainty pushed markets lower to kick off September trading. Sam Zell, chairman of Equity Group Investments, Mandy Xu, chief equity derivatives strategist at Credit Suisse, and CNBC's Mike Santoli join "Squawk Box" to discuss.
The next step in the central bank experiment may be to embrace really negative rates, not just a handful of basis points but several percentage points.
Proponents of Modern Monetary Theory emphasize that a country that controls its own currency and borrows in its own currency, like the United States, cannot default on its debt. This is because the…
When it becomes clear Fed will have to monetize gov’t deficits.
In response to a weakening in the yearly growth rate of key economic indicators such as industrial production and real gross domestic product (GDP) some commentators have raised the alarm of the possibility of a recession emerging.