Precious metals are apparently waking up. And here is where you can find the best deals.
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Gold pulled back last night from making two week highs yesterday afternoon, trading in a range of $1418 - $1428. It succumbed to some profit taking during Asian hours down to $1420,...
The IMF thinks that the dollar is overvalued this means that the gold price has only one way to go...
While the silver price has moved less than gold this year, there has been a decisive move by investors. You and I don’t buy paper silver products, but this is where much of the mainstream first goes when wanting exposure to precious metals. Check out the jump in net purchases of SLV (iShares Silver Trust) last month: Net purchases by SLV holders surged to two-year highs last month. And July is on track to be even higher, as that data is only through the 16th.
Silver futures mark a fifth straight session gain on Thursday, to their highest finish in more than a year as tight supply concerns, along with strength in...
While the silver price has broken above the symmetrical triangle formation, it still has a few key levels to surpass to continue its upward trend.
The survey gives a fascinating insight into the minds of central bankers and is especially timely since central banks continue to post record-breaking levels of net gold purchases in recent quarters.
Central bankers need to act quickly and forcefully when rates are low and economic growth is slowing, New York Federal Reserve President John Williams said Thursday.
"The pound has come under intense selling pressure since Prime Minister May withdrew from her party leadership position, leaving markets with increased concern that the UK may be heading towards a harder Brexit."
Current ECB interest rates sit at 0%, 0.25% and -0.40% respectively.
The US index of Leading Economic Indicators slumped by the most in over 40 months. On the other hand, the index was negative MoM sixteen times after January 2019, yet …
Over the last couple of days, Dumb Money Confidence has poked above 80%. While it has gone higher over the past 20 years, this is in the top 2.3% of all readings.'
Nancy Pelosi and House Democrats argue the $15 per hour minimum wage bill will lift workers who have not seen the benefits of a strong economy.
Inflation gets pitched as something inherently good the Fed is trying to make sure folks gets enough of. But someone’s paying the price.
"$33 trillion later... The U.S. is currently running at lower levels of GDP, productivity, and wage growth than before the last recession."
The widely discussed "everything bubble" is, in reality, a corporate junk bond bubble on steroids sponsored by the Fed.
Trade: Treasury Secretary Steven Mnuchin says if the call goes well, he would expect in-person meetings to take place.
"As the US economy enters its eleventh year of expansion, the longest in US history, the LEI suggests growth is likely to remain slow in the second half of the year."
China dumped more US Treasurys in May, pushing their holdings to the lowest level in two years, according to data released this week by the US Treasury Department.The Chinese divested themselves of US debt for the third straight month, selling off another $2.8 billion in Treasurys in May. The month before, China dumped $7.5 billion in US bonds and that followed on the heels of the biggest US Treasury selloff by the Chinese in nearly 2 1/2 years in March. Over the last three months alone, the Chinese have shed $20.3 billion in US debt.
Global finance ministers are facing intensified nagging to loosen purse strings and aid the world economy at a time when central banks can’t keep carrying the burden alone.
The statutory limit caps the amount America can borrow - at least in theory - at just over $22 trillion - & must be raised to avoid default within the next few months.