Precious metals are apparently waking up. And here is where you can find the best deals.
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Young Adults Vs. Elderly, Urban Vs. Rural. Simultaneous Housing Scarcity & Surplus. The Fed is almost sure to push the Federal Funds rate negative (implementing NIRP) to invent the largest segment of the US economy...
Home prices slipped in some of the costliest U.S. markets in the second quarter, a sign that would-be buyers are sitting out the competition for a scarcity of affordable properties.
What could explain the rising price of gold? Paul answers that question and a whole lot more...
In today’s bond market, it seems as if no price is too high. And no yield, as a result, is too low. Roughly $15 trillion of debt globally have sub-zero yields, yet investor demand shows no sign of abating.
While another $2-4 Trillion in QE, and a return to the “zero bound,” might indeed be successful in further inflating asset prices, there is a finite ability to continue to pull forward future consumption to stimulate economic activity...
Says the Fed has 'called it wrong at every step of the way'
BSP governor indicates more easing likely this year as inflation stays under control...
It’s nice to finally see that fundamentals do matter to traders...
One way or another, we're going to have to address the $trillions of outstanding bad debts.
Gold holdings in gold-backed ETFs globally surged to the highest level in over six years in July.Gold-backed ETFs added 52 tons of gold last month, with net inflows totaling $2.6 billion, according to the latest data released by the World Gold Council. This follows on the heels of a June increase that totaled 127 tons.Globally, gold-backed funds now hold 2,600 tons of gold. That's the highest level since March 2013.
“Given how aggressively gold has gained quite in the past few days, it’s only natural for prices to retrace before pushing back higher,”
"This is a really, really tragic situation for consumers who are living paycheck to paycheck," said Jack Gillis, a spokesman for the Consumer Federation of America.
It was the first time since 2008 that the key reference rate had been set weaker than 7 per dollar, according to Reuters.
Mark Zandi, Moody's Analytics Chief Economist, talks recent market swings, volatility, and global bond yields
Two-fifths of local markets across the U.S. experienced an uptick in foreclosure starts during the first half of 2019.
Returns still haven’t brought pension funding levels close to what is needed to pay for future benefits. State and local pension plans have about $4.4 trillion in assets according to the Federal Reserve, $4.2 trillion less than they need to pay for promised future benefits.
Another month, another all time high.
It’s debatable whether fixed-income assets are one big bubble waiting to burst, but when the market does turn it’s going to cause a lot of pain.
Gold pushed above $1,500 again Wednesday (Aug. 7) and silver joined the party, charting its biggest single-day gain in nearly three years.Silver surged 73 cents on the day for a 4.4% gain, closing above the key $17 level for the first time since January 2018.
“Silver is going to go up too, but it won’t take off for a few months.” Oh yeah, Charles said all these things yesterday...