Precious metals are apparently waking up. And here is where you can find the best deals.
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Rarely have deficits risen when the economy is booming. And never in modern U.S. history have deficits been so high outside of a war or recession (or their aftermath).
"Steve" Jung, 38, once worked as a vice president at Goldman Sachs, pleaded guilty in December...
Just how hated is Warren Buffett's "favorite" bank Wells Fargo?
Central banks in emerging countries are hoarding the precious metal at the fastest pace in decades. The "weaponization" of the dollar by President Trump is making countries increasingly wary of the greenback.
After a dip in demand in 2018, it appears Indians are buying gold again.Anecdotal data seemed to indicate strong demand for the yellow metal in India during the Akshaya Tritiya holiday. Retailers reported sales were up by as much as 25%. As it turns out, demand was indeed strong. Gold imports into India were up 36% year-over-year in May, according to sources cited by Bloomberg.
The data is in: based on a review of reports from multiple consultancies, the silver market has officially entered a supply/demand imbalance. The structure now in place sets up a scenario where a genuine crunch could occur. Join Mike Maloney and Jeff Clark as they examine the latest startling data.
...added to ridiculous quantitative tightening! They don’t have a clue!"
The European Central Bank is ready to cut interest rates and embark on a fresh round of bond purchases this autumn, a move that that ECB hopes will fend off fears of economic uncertainty and a global economic slowdown.
China added to its official gold reserves for the sixth straight month in May as it continues efforts to minimize exposure to the dollar.The People's Bank of China increased its gold reserves by another 15.86 tons last month, according to data released by the bank on Monday. That raises the official Chinese gold reserves to 61.61 million ounces (1925.26 tons).
We see financial crises coming, like approaching storms. We see the clouds, but we may fail to properly judge the severity they forebode. Such is the case with leveraged loans.
European businesses are increasingly anticipating a recession in the near future as bad debt losses showed a marked increase in 2018.
The Russia-China strategic partnership, consolidated last week in Russia, has thrown U.S. elites into Supreme Paranoia mode, and they are now holding the whole world hostage...
...each rival is dangerous, but as they converge they become a true global threat.
— 'even shooting wars end in negotiations,' Commerce Secretary Wilbur Ross appeared Tuesday on CNBC's "Squawk Box."
The U.S. economy may be pushed into a "Trump recession" if Washington imposes tariffs on an additional $300 billion worth of Chinese goods, Gary Shapiro of the Consumer Technology Association said at the CES Asia Conference in Shanghai.
Gold sold off last night, sliding in a range of $1337.75 - $1325.15. It tripped some sell stops under $1330 (Friday’s low) and $1327 (6/6 low) to reach its $1325.15 low, where support ahead of $1325 (6/5 low, options) held.
Even though the silver price has sold off today, it doesn’t mean the rally that started two weeks ago is over.
Americans’ trust in institutions, from the federal government to the news media, has been deteriorating for decades.
In March, a man with a metal detector came across the 24-carat gold coin next to an old Roman road. It was estimated to go for $127,000.
In times like these, when trust in everything – governments, the media, science, democracy itself – has evaporated, gold is doing just what it's supposed to, says Dominic Frisby. It's getting more valuable.