Precious metals are apparently waking up. And here is where you can find the best deals.
Site:
Precious metals news
Charles Hugh Smith: Easily Distracted, Divided Citizens Benefit Ruling EliteJan 24, 2019 - 10:54:22 PST
"No wonder the ruling elites love how easily we're distracted and divided against ourselves: it's so easy to dominate a distracted, divided, blinded-by-propaganda and negative emotions populace."
State of the Union: Bankrupt Puerto Rico Extends Aid to Federal Shutdown VictimsJan 24, 2019 - 10:44:43 PST
"Thanks to the record-long federal government shutdown, the bankrupt island is extending aid to the 4,500 federal employees in Puerto Rico whose paychecks have stopped coming."
"Investors in the kinds of corporate debt that Janet Yellen recently warned about have never been more exposed, Moody's Investors Service says."
The All-Important, Onion-Skin Difference Between "Investment-Grade" and "Junk" DebtJan 24, 2019 - 09:43:45 PST
"This could well be the year that 'fallen angels,' or former investment-grade debt that gets downgraded to speculative, shapes up as one of the more compelling stories."
"The ECB president finally caved on Thursday by saying the risks to growth 'have moved to the downside.' That’s a significant change from six weeks ago, when he described the risks as 'broadly balanced”
"The ECB appointed three administrators, including Carige’s former chief executive and chairman, giving them three months to reduce the €3bn stock of bad loans and arrange a merger."
What will lead to the best price gains in gold we've seen since 2010? Craig Hemke explains...
Desperate for Debt, Italy Prepares First USD Bond Issuance in Eight YearsJan 24, 2019 - 07:35:59 PST
"With 201 billion euros ($228 billion) in bond redemptions this year, Rome is keen to find investors outside the eurozone."
Wilbur Ross, US Commerce Secretary, Says US Is "Miles and Miles" Away From China DealJan 24, 2019 - 07:26:06 PST
"We would like to make a deal but it has to be a deal that will work for both parties," he said. "We're miles and miles from getting a resolution."
Forbes: "Gold Looks Like 'Safe Money' Amid Rising Inflation Expectations"Jan 24, 2019 - 07:21:59 PST
"A renewed interest in gold is being driven by a confluence of factors that include the current political stand-off in Washington and the longest government shut down in U.S. history."
Subprime by Any Other Name, "Unconventional" Mortgages on the Rise AgainJan 24, 2019 - 07:15:49 PST
Roommates, Airbnb, and no proof on income: How a part-time student, part-time home-healthcare provider can qualify for a $610,000 mortgage.
Goldman Sachs Head of Commidities Research on Why He's Betting on Gold Over BitcoinJan 24, 2019 - 07:11:17 PST
“Bitcoin has been trading for five years, gold has been trading for 3,000 years. I’m gonna take gold.”
Rise of the Machines: US Regional Job Losses to Automation to Hit Midwest HardestJan 24, 2019 - 07:04:50 PST
"Places that were pivotal to U.S. President Donald Trump’s election, will be under the most pressure again as advances in artificial intelligence reshape the workplace."
"Shares sank just before the regular session began, with about 167,500 changing hands at just $10.99, compared with Wednesday’s close of $66.47."
Trump Recognizes Maduro's Would-Be Replacement as Venezuela Chaos MountsJan 24, 2019 - 06:56:21 PST
"Venezuelan President Nicolas Maduro is under unprecedented pressure after the U.S. and other nations recognized opposition leader Juan Guaido as the country’s rightful head of state and protests against the ruling regime expanded."
Boeing the Latest to Warn Government Shutdown Hurting Business and IndustryJan 24, 2019 - 06:54:56 PST
"Boeing, in a statement sent to CNBC, warned of bigger impacts on its business and the aviation sector if the shutdown drags on."
"The U.K. parliament can’t agree on how to leave the European Union, but many finance firms have already decided how much money to move out of the City of London."
"Members of France’s Yellow Vests protest movement are preparing a run for European parliament as the ‘Citizen’s Initiative Rally."
Peter Schiff recently sat down with Daniela Cambone on Kitco News and talked about gold, the phony government shutdown, and his track record on economic forecasting.
As open interest in gold is up to over 128% of annual global production, Harvey has something to say about the last six days of trading...