Precious metals are apparently waking up. And here is where you can find the best deals.
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A significant recession could develop, if banks decide to sell the loans they own rather than make new ones. At present, the pressure to take this path is rising.
“Super-low mortgage rates have not yet consistently pulled buyers back into the market,”
Bank of England Governor: Dollar "Too Dominant" as Reserve Currency, Needs to Be ReplacedAugust 29, 2019
During a recent interview on RT America, Peter Schiff said investors should stay away from the dollar, not only because of the looming recession, but because its days as a reserve currency could be numbered.Is this just hyperbole, or could the US dollar really fall off its throne? America's enemies would certainly like to see it happen. And increasingly, so would its friends.
Gold steadied near a six-year peak on Thursday and silver rose to its highest in more than two years as fears of a global recession, exacerbated by the protracted U.S.-China trade war, drove interest for safe havens.
The revision to GDP growth reflected downward revisions in virtually everything: state and local government spending, exports, inventory investment, and housing investment, partially offset, however, by upward revisions to consumer spending.
Grant's Interest Rate Observer Founder and Editor James Grant and CNBC's Rick Santelli discuss how radical policy begets radical policy.
Ray Dalio thinks the ability of central banks to reverse an economic downturn is coming to an end as the global economy enters what he says are the late stages of the long-term debt cycle...
Earlier this week, Spencer Schiff wrote an article noting the importance of consumer spending to the US economy and the consequences that will follow if Americans suddenly tighten up their wallets. Schiff isn't alone in his concern. A mainstream economist sounded a similar warning during a recent CNBC interview.
A Bank of Japan board member warned of potential dangers if the central bank’s already massive stimulus is ramped up...
Argentina is pushing creditors for more time to pay back its debts. The country is hemmed into a worsening crisis.
UPDATE: Gold and Silver Could Someday Make a Vacation Home Very AffordableAug 29, 2019 - 05:23:21 PDT
One of the articles that elicited a lot of reader feedback was our report on the ratios for gold and silver to real estate. That was over a year ago, and with gold and silver prices rising, it’s time for an update. Real estate prices are high too, and got another boost when the Fed lowered rates. So do the ratios remain elevated? And where do they stand compared to the last big bull market in precious metals?
Beijing, trying to slash a $310 billion pile of officially recognised bad debt, is pushing giants like China Construction Bank to help troubled smaller rivals, or rescue them outright.
Central banks’ negative interest rates were supposed to increase spending, stop deflation and stimulate the economy. They may have done the exact opposite.
Having endured negative interest rates longer than anyone else, Danish banks are now finally buckling under the pressure.
Germany’s economic downturn is reigniting fears in the government of Angela Merkel about the future of its two largest lenders.
“The elevated gold-silver ratio and its potential for reversion favors advancing silver,” McGlone said in a note this month.
For the first time since President Donald Trump was elected, more Americans say the economy is getting worse than getting better.
Michael Burry shot to fame and fortune by betting against mortgage securities before the 2008 crisis, a trade immortalized in “The Big Short.”Now, Burry sees another contrarian opportunity emerging from what he calls the “bubble” in passive investment. As money pours into exchange-traded
China is willing to calmly resolve the trade dispute with the United States, Gao Feng, spokesman for China's Ministry of Commerce, said Thursday.
Forcibly halting the U.S. dollar’s strength would be a drastic step, not deployed in more than three decades.