Precious metals are apparently waking up. And here is where you can find the best deals.
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The public pension system won’t be enough to sustain people’s standard of living in a rapidly aging society, according to a government report.
One month ago, Federal Reserve Chairman Jerome Powell played down speculation of an interest-rate cut this summer. Now officials face a darker economic outlook, making such a move possible.
Gold gains Thursday, poised to further its advance into a seventh straight session, with market expectations for Federal Reserve interest-rate cut or cuts...
I was frustrated. I need solid, safe income. The bank bailouts will eventually cause high inflation. Interest rates were not keeping up. Investors, desperate for income, had few choices and the stock market was setting records...
These key sectors are already in decline, and lower interest rates won’t stop that trend.
The bill will eventually come due. In the meantime, M.M.T. remains largely untested.
BoE governor says model of “capital flows at risk” highlights important vulnerabilities...
The Fed is going to use “pretty aggressive, desperate, measures,” to stem the next recession, said Adam Posen, president of the Peterson Institute for International Economics.
Mario Draghi is coming to the end of his run as president of the European Central Bank. His successor will face big problems with few obvious solutions.
Central banks bought more gold in April, according to a report by the World Gold Council. This continues a gold-buying spree that stretches back to last year.Globally, central bank net purchases of the yellow metal totaled 43 tons. That is an 8% increase month-on-month.
Stocks may be recovering but market angst is quickly spreading -- and not just in the professional ranks.
"I think China wants to make a deal and I think Mexico wants to make a deal badly," he said, on his way to France for a D-Day commemoration.
The following is a market update as it related to precious metals prepared by SchiffGold intern commodities analyst Jason Mezhibovsky and SchiffGold News managing editor Mike Maharrey.The price of gold surged this week, moving well above the $1,300 level and pushing close to the highs of the year. There are several factors at play helping drive the metal above the critical $1,300 level, including the ongoing trade war with China, fears over Mexican tariffs and growing speculation that the Federal Reserve will cut rates.
“A sharp slowdown in investment activity along with a continuing moderation in private consumption growth is a matter of concern,”...
...we should continue to monitor and assess the impact of evolving market structures and the evolution in information and communications technology on the nature of the market failures...
China’s policy makers have boosted efforts to ensure sufficient liquidity in the past weeks...
The central bank said interest rates on its marginal lending facility and deposit facility would remain unchanged at 0%, 0.25% and -0.40%, respectively.
At some point, the government needs to start spending money to give the economy a boost. Fortunately, economists generally agree that fiscal stimulus is important and effective at helping battle economic slowdowns.
In a double blow for Mexico, credit ratings agency Fitch downgraded the nation’s sovereign debt rating on Wednesday...
With stocks under pressure and gold and the miners now charging, the momentum players will be looking to jump on the...