Precious metals are apparently waking up. And here is where you can find the best deals.
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As uncertainty swirls around Brexit and exactly what that will mean for the economy, Brits have been hoarding gold.According to a statement by The Royal Mint, the demand for gold bars and gold coins spiked in December as uncertainty about the UK's exit from the EU grew.We have seen a significant increase in demand for gold this month and at the end of last year, a trend which we have no doubt is largely attributed to Brexit turmoil and subsequent market volatility."
"Jamie Dimon, the J.P. Morgan Chase CEO who has been bullish on the U.S. economy, said that the government shutdown could sap all growth from the world's biggest economy."
"Wolfe Research talked about the low-quality beat and negative read-across in both FICC and ECM for a few peers, including JPMorgan."
Italy's Populist Leaders, Fresh Off Agreeing to Bail Out Their First Bank, Blame ECBJan 15, 2019 - 05:21:20 PST
"Deputy Prime Minister Matteo Salvini on Tuesday accused the European Central Bank of attacking Italy’s banking system, saying its request for local lenders to put aside more money to cover impaired loans could cost the country 15 billion euros."
"It is crucial for investors to understand that the Federal Reserve has not yet turned dovish and the Fed 'Put' it not yet in place. Wall Street sometimes hears what it desperately needs, but that does not make it fact."
"There is general pessimism among market participants in the U.S. over where the market is heading amid rising interest rates from the U.S. Federal Reserve and geopolitical tensions, especially between the U.S. and China."
"The biggest shortfall appeared to come from the New York-based bank's trading division, where fixed-income trading produced $1.86 billion in revenue, compared to the $2.2 billion estimate."
Flight to "Safety": Investors Increasingly Holding Large USD Cash BalancesJan 15, 2019 - 04:56:09 PST
The USD will be seen and treated as a safe haven by investors until it fails. "Assets in money market mutual funds have swollen to $3.066 trillion, their highest level since March 2010, driven by retail investors."
HSBC: The ECB Had Its Chance to Raise Rates, Blew It, and Now It's StuckJan 15, 2019 - 04:53:37 PST
“We think the narrow window in which the ECB could have lifted its key interest rate has closed. The case for a rate rise on inflation grounds has been weak for a while and with growth slowing, jittery markets and low inflation, we see ECB rates on hold until at least the end of 2020.”
"A slowdown in the world economy, the trade war and skittish financial markets are forcing policy makers including Federal Reserve Chairman Jerome Powell to express fresh caution about their scope for tightening monetary policy."
Shutdown Travel Nightmare: Sick-Ins Leave Travel Snarled at World's Busiest AirportJan 15, 2019 - 04:46:18 PST
"Security lines Monday at Atlanta Hartsfield were an hour to 90 minutes, causing many flyers to miss their flights. This comes after reports Sunday that a traveler carrying a firearm managed to board a flight there last month."
Tocqueville Management Corp. chairman John Hathaway says the growing US government debt to GDP ratio poses "the most viable threat" to the US economy.In his fourth-quarter investment letter, Hathaway said the ballooning US debt, coupled with a bear market and a recession, will likely weaken the dollar and send gold much higher in the near future.
Keith says that something odd is going on with the way that gold & silver have been trading. Here's Keith to explain...
Mike Maloney, founder of GoldSilver.com, recently completed a marathon, 81-minute interview with Nicholas Merten of the DataDash YouTube channel. The conversation was far reaching, covering Mike's entry into the world of precious metals, his alliance with Robert Kiyosaki, and how Mike thinks the next financial crisis may play out.
Gold Positioning & Tactics: Now's The Time To Double The Size Of Gold Stocks In That Portfolio?January 14, 2019
From the beginning of the year, the gold mining stocks have been giving off bullish "buy" signals. Here's a look at the charts...
Bulls were pleased with gold’s ability to hold support in the high $1,280’s, that it put in yet another higher low (5 consecutive sessions) and finished with a decent ($4) gain.
As the stock market cracks, the "schizophrenic" Fed continues to break it further. Here's a look at the problems in the stock market and a whole lot more...
Nathan McDonald says that as Western governments continue to ravage each other, the East, let by China, continues to just chug along...
Investors should prepare for crazy and turbulent markets in 2019 as well as the likely disconnect of gold & silver from the markets. Here are the details...
Even Perpetual Optimist Janet Yellen Finds a Way to Admit That the Debt Party's OverJan 14, 2019 - 11:42:51 PST
“We’re hearing anecdotal reports about businesses beginning to put investment plans on hold because of the uncertainties they face in the global environment and around supply chains and trade.’’