Precious metals are apparently waking up. And here is where you can find the best deals.
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Economist Art Laffer says he doesn't understand why the Federal Reserve remains independent.
Gold prices can continue to climb even after they hit a multi-year high last week, said David Roche, president and global strategist at London-based Independent Strategy.
Also helping gold, the dollar eased from multi-week highs and global stock markets were in red...
Markets reacted strongly to the June jobs report on Friday. Stocks fell. Bonds and gold got clobbered. The dollar got a boost.In his latest podcast, Peter Schiff said the markets overreacted to the report. In fact, he said the jobs numbers were "no big deal."
...boosting holdings as economic growth slows, trade and geopolitical tensions rise, & some seek to diversify their reserves away from the dollar.
The status of the world’s least favorite asset has its benefits. Morgan Stanley, which just slashed global equities to underweight on growth concerns...
"we call bull$#%!" that $33 Trillion in bailouts and liquidity, zero interest rates, and surging stock markets, are conducive to stronger economic growth... what the data does confirm is the Fed is caught in a “liquidity trap.”
Last week’s strong U.S. jobs data lowered expectations for a sharp Federal Reserve interest rate cut.
You're not crazy. The world we now live in is.
Central banks bought more gold in May according to the most recent data released by the World Gold Council.Globally, central banks purchased a net 35.8 tons of gold in May. Year-to-date, reported central bank net purchases of the yellow metal total 247.3 tons. That represents a 73% increase over the same period in 2018.
AS he grooms possible successors to Jerome Powell...
The bank said in a note that the trade war's impact on U.S. consumer prices is now higher than previously expected.
C. Hoare & Co. has been in business for more than three hundred years, and the family that founded it is still running the show.
The new European Central Bank boss should resist pressure to lower interest rates further still...
US Federal Reserve said Friday in a report submitted to the US Senate that global and domestic economic uncertainties had increased in recent months, and that the central bank will
About four in 10 millennials are homeowners, but they're not necessarily happy about it.
Our call of the day though, kicks things off with a warning from Morgan Stanley which is “putting our money where our mouth is” and downgrading global equities to underweight from equal-weight.
“Like it or not, get used to the new normal of dependent central banks, perpetually low interest rates and quantitative easing,” Fels, Pimco’s global economic adviser, said in a report.
Some readers might have dismissed warnings of "Lehman-style" scenes outside Deutsche Bank's global offices as hysteria related to the bank's restructuring.
Harvard Trained Economist: Bitcoin To $32,000, Dow 33,000 By March 2020 At The Latest, & Gold...To $250 (per ounce)July 7, 2019
Harry Dent says gold could go as low as $250 an ounce before this doomed yellow metal sees any kind of turn around...