Precious metals are apparently waking up. And here is where you can find the best deals.
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The Trump administration is making "no effort" to remove the Fed's Jerome Powell, top White House economic advisor Larry Kudlow said on Tuesday.
Demand, secular stagnation and the vanishing middle-class.
The cost of making buildings more energy efficient can seem staggering—until you look at the cost of not retrofitting them.
The price of gold is up over 9.5% since the beginning of the year. One strategist who appeared on CNBC yesterday says he sees it going even higher - as high as $2,000 by the end of the year.David Roche heads London-based Independent Strategy. During an interview on CNBC's Squawk Box, he said he sees bad things to come in the stock markets but gold will shine.I actually believe financial markets are now poised to crumble like a sand pile."
For the seventh straight month, China added a significant amount of gold to its official reserves.The People's Bank of China's gold hoard grew another 10.3 tons in June, according to information released by the bank. Over the last seven months, the Chinese have increased their gold reserves by just over 84 tons.
The past week has seen world bond markets reach new milestones, completing a collapse in borrowing costs for governments across the globe over the last 6 months.
Wall Street is potentially looking at a third-straight losing session as jitters remain ahead of testimony this week from Fed Chairman Jerome Powell.
If you know where to look, the markets are telling you that they understand we’re moving into a new phase of US-dollar decay.With the most recent dovish statement by Jerome Powell, the wheels have been set in motion for a fresh cycle of rate cuts. Going so far as to say he would do what it takes to “sustain the expansion”, I believe the Fed chair is preparing the market for a series of cuts that will send the Fed rate to 0%. This is the best possible news for America’s worst companies.
Funds that specialize in buying junk-rated corporate loans have recorded net outflows for 33 consecutive weeks, a record streak that highlights the diminished appeal of floating-rate debt when the Fed is expected to start cutting interest rates.
Gold is looking brighter in a world with $13 trillion of negative yielding bonds, MMT and bulging budget deficits.
"It’s a diversification away from the U.S. dollar, particularly given the trade tensions and the potential technology cold war that’s evolving...We have to remember that gold is nobody’s liability..."
Beijing has said the deal would represent a "gross interference" in China's domestic security.
By some accounts, it was the largest mass banker firing since the collapse of Lehman, which left nearly 30,000 employees in New York City jobless.
Deutsche Bank shares dropped on growing skepticism about the cost of a sweeping overhaul, at one point marking the biggest two-day decline in more than three years.
The market's euphoric reaction to Lagarde ECB headlines should be a warning signal. When risky assets soar in the middle of a huge bubble due to a central bank appointment, the supervising entity should be concerned...
If adopted by the broader investment community, this would send the metal’s price to the moon. Here's why...
That said, get used to a higher level of price volatility in the precious metals sector. Dave Kranzler explains why...
"...most gaps are filled, but when they are not, the move can be truly epic..."
Gold firmed overnight, though retaining its choppy tone in a range of $1394.65 - $1407.65. It rose to its $1407.65 high during Asian and early European time, fading a decline in the US 10-year bond yield...
Mark Mobius recently made what seems like a completely reasonable suggestion about gold - one that if adopted by the broader investment community would send the metal's price to the moon.