Precious metals are apparently waking up. And here is where you can find the best deals.
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The GOLD/EURO cross has been a steady play as investors seem to be reaching for the ultimate life-preserver of value.
Gold rebounded overnight, trading in a range of $1302.85 - $1310, still largely fading movement in the US dollar. Gold softened to its $1302.85 low during Asian hours, where support at the $1303
The demand for physical silver investment should grow by 5 percent.
In dollar terms net inflows in January equaled $3.1B with the value of gold held in ETF vaults reaching just shy of $107B by the end of the month, a 6% increase.
Burglars who broke into a bank in Antwerp by crawling through tunnels & a sewage pipe left gold bars strewn across the floor of the main vault after apparently being disturbed during the raid.
"It is highly likely that MMT will be increasingly touted by economists and politicians from both sides of the aisle, as the economic prescription, even panacea, to cure our economic ills..."
In short, whether they want to or not, Americans continue to drown even deeper in debt, and enjoying every minute of it.
The company estimates there are at least $69 billion of untapped non-prime lending opportunities for unsecured consumer loans in the U.S. alone.
An escalating trade war, a hard landing in China, and Brexit could prompt a global recession, says Deutsche Bank’s top economist.
The Office of the Comptroller of the Currency found evidence that banks other than Wells Fargo may have created accounts without customers' authorization, but it's not releasing the names of those institutions or more details about their conduct.
Something big is happening in the gold market right now, and nowhere is that more apparent than in central banks of emerging economies...
Signal That The Fed Might CUT Their Target Rate?)
Total unfunded liabilities at U.S. state and local public defined benefit pension plans are about $1.4 trillion — more than three times their pre-financial crisis level.
"Sounds ridiculous doesn't it? What I said in 2006 sounded ridiculous too. I hope I am wrong, but fear that I will be proved right." - Albert Edwards
Fed Powell: central bank is striving to earn the trust of the American people in an era where public mistrust in institutions is growing.
Stocks fell after White House economic advisor Larry Kudlow said China and the U.S. were still far away on striking a trade deal.
It's now a real possibility gold loses the psychological level of $1300, so let's look at how low gold may go, and when we can expect a move higher...
Customers of Wells Fargo Opens a New Window. are reporting an outage affecting the big bank's ATMs as well as online and mobile banking.
President Nicolas Maduro blew through more than 40 percent of Venezuela’s gold reserves last year in a desperate bid to fund government programs and pay millions to bondholders.
The Venezuelan socialist regime has carried out the largest organized robbery in history and has done so with a perfectly designed plan.