Precious metals are apparently waking up. And here is where you can find the best deals.
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The Fed has to ease, long-term economic trends show data deterioration, but there appears to be a bit of inflation creeping into the pipeline, i.e. stagflation.
The ECB has sparked controversy over whether she’ll be up to the job. But there’s another position to fill at the top of the ECB that’s nearly as important.
“I am nervous about inflation,” Evans said, adding he felt that “a couple of” rate cuts would help lift inflation above the 2 percent target by around 2021
The Treasury Department said it could run out of cash in two months, asking Congress to increase the debt ceiling before lawmakers leave for a six-week recess.
Treasury Secretary Steven Mnuchin on Friday issued a warning Friday that the US government is at risk of running out of cash sooner than expected.
Have you heard about the "gold" asteroid?You probably have. It's been all over the news. Apparently, NASA is planning a mission to a Massachusetts-size lump of rock named "16 Psyche" located in the asteroid belt between Mars and Jupiter.There's been widespread reporting that this mission could pave the way for asteroid mining. And that's led to speculation that it could make us all rich!This is dumb.
The price of gold has gained 9.6% to $1404.30 an ounce this year, the precious metal will move substantially higher from current levels as it starts a new bull market, says Andrew Addison of the THE INSTITUTIONAL VIEW.
Rates are being cut because too many people just owe too much money — and many refuse to cut back their spending.
"There is now only a limited amount of stimulant left in the bottle, and the sooner we use it, the sooner it will run out. I’d say that there is about a one-to-three year supply left."
"That’s the major move coming forward. Right now, we are definitely going back to the $1,850 and $1,925 area per ounce for gold."
Jerome Powell took center stage this week and the Federal Reserve chair didn't do anything to dampen expectations of a rate cut. That sent both stocks and gold higher. The yellow metal pushed back above $1,400 after tanking in the wake of last Friday's June jobs report and stocks swooned. Everybody seems to love Easy Street. In this episode of the Friday Gold Wrap podcast, host Mike Maharrey breaks down what the Fed chair said and didn't say. He also debunks the "there is no inflation" myth and highlights some other interesting news in the gold markets.
Powell said the jobs report didn't change his mind)? or is this rebound in inflation also transitory?
Shhh! Don’t wake the Wall Street bank regulators from their decade-long slumber to whisper in their ear...
TRUMP IGNORES GOLD & SILVER: "we have only one real currency in the USA...It is called the United States Dollar"July 12, 2019
Wasn't Trump supposed to be "good for gold"?
Our call of the day comes from a money manager who says he got out of stocks and bonds in early July, and why investors should follow suit.
A stock-market index of small caps is at its weakest versus the S&P 500 since the financial crisis, suggesting a liquidity problem is brewing.
“We don’t see too much U.S. dollar upside from here.”
U.S. takes on role as other central banks lack firepower...
The Fed is going to cut interest rates despite record stock prices, low unemployment...
Gold prices rose on Friday and were on track to post a weekly gain, consolidating above $1,400 as renewed Sino-U.S. trade tensions amid global growth jitters and prospects of an interest rate cut by the U.S. Federal Reserve stoked safe-haven demand.