Precious metals are apparently waking up. And here is where you can find the best deals.
Site:
Precious metals news
Wall Street has become a culture dominated by traders. Their zeitgeist on any particular company/asset can set the direction of a trade for months or years.And, there’s only one thing a Wall St. trader hates more than getting laughed at for being the first guy into a losing trade: Being the last guy into a winning trade. Major FOMO. Fear of Missing Out.And right now, gold is a winning trade.
Political money will unravel; commodity money will reassert itself. Central bankers will force depositors into the bizarro-world of negative interest rates, destroying capital and dramatically hurting savers.
Investors haven't yet figured it out...
There is nothing more beautiful for a gold mining executive than the spectacle of total capitulation by the US Federal Reserve.
Now, however, their plans have to be sped up. They’re going to be buying a lot of gold, as they’ve already been doing, they’ll try to do their mutual business in their own currencies backed by this gold, and they’ll speed up alternatives-to-USD plans....
On the other hand, gold tends to be an ideal investment when initial valuations are depressed (for example, when the ratio of gold to the S&P 500 is relatively low) and inflation is rising.
Economists expected a rebound in housing this month so they are no doubt shocked by the Housing Residential Sales report.
Wealthy Families Attacking COMEX & LBMA Now, DEMANDING Delivery Of Physical Gold & SilverJune 26, 2019
SD Midweek Update: The end game for the gold & silver price suppression is now, and the question is how fast does it play out?
Today’s release of preliminary US durable goods orders for May could put a cap on the dollar's recovery...
Using the Fed Funds Rate as the baseline overnight duration, the yield curve is inverted for nearly 25 years.
President Donald Trump said the U.S. should have Mario Draghi, president of the European Central Bank, at the helm of its monetary policy -- “instead of our Fed person”...
When people talk about the economy, they generally focus on government policies such as taxation and regulation. For instance, Republicans credit President Trump’s tax cuts for the seemingly booming economy and surging stock markets. Meanwhile, Democrats blame “deregulation” for the 2008 financial crisis. While government policies do have an impact on the direction of the economy, this analysis completely ignores the biggest player on the stage – the Federal Reserve.
"This trade dispute isn't going to be solved in the next year or two. This is going to be the epic battle of our times," Trump's former Fed pick Stephen Moore.
As the risk of an economic slowdown lingers, exchange-traded fund investors are seeking shelter in bond funds.
Two-year swap spread turned negative, joining rest of curve. Support rooted in regulatory relief has faded into memory. The transformation of the swap spread curve is complete.
Shadow-banking activity is picking up, a sign the economy remains overreliant on this opaque funding channel despite Beijing’s efforts.
We've covered the plight of the Venezuelan economy as it has plunged into chaos over the last several years. It's gotten so bad that a year ago, video game money was worth seven times more than the Venezuelan bolivar. Meanwhile, the Venezuelan people have suffered horrible food shortages. Many people in Venezuela have turned to barter just to survive.But Venezuela isn't the only country suffering the effects of socialism. Cubans are currently enduring food shortages of their own as the country's economy hurtles toward crisis mode.
Baby boomers and retirees built large, elaborate dream homes—only to find that few people want to buy them.
The resulting race to the bottom in interest rates - and currency values - could rekindle the kind of acrimony among G20 officials so evident during the years of massive bond buying ...
Modern monetary theory may seem unlikely now but things can change quickly...