Precious metals are apparently waking up. And here is where you can find the best deals.
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Deutsche Bank Only Has Fresh Bad News to Report if It's a Day That Ends in 'y'Jan 10, 2019 - 05:28:42 PST
"First there were the raids at Deutsche Bank AG’s headquarters, then came the global market selloff. And the flow of bad news for Chief Executive Officer Christian Sewing is far from over."
Jan 10, 2019 - 05:25:08 PST
Despite the recent blockbuster employment report and a host of other data reflecting the continued strength of the US economy, the Fed, per usual, is caving in to external pressure to prop up the stock market with continued reckless accommodative policy.
"Once the Fed started quantitative tightening, the global stock market tipped over right on schedule,' legendary investor Jeff Gundlach said on Tuesday during a webcast."
Gold & Silver Bull Run Starting Now - It's Bigger & Better Than Last Time | Keith NeumeyerJanuary 10, 2019
First Majestic Silver's CEO thinks another gold & silver bull run is beginning now, and it's a run that will make the 2010-2012 run pale in comparison...
"We should start buying gold, the central bank must invest in this. We must have our reserves in dollars but also our reserves in gold, because gold is money."
Business Insider: "German Economic Data so Bad Some Economists Think It's Wrong"Jan 10, 2019 - 04:58:54 PST
"Germany may be in recession, economists said, after they trawled through an unexpectedly horrible set of industrial and manufacturing data from the world's fourth-largest economy."
China, Drowning in Debt, Still Gets Below-Market-Rate Loans From World BankJan 10, 2019 - 04:53:40 PST
"China is borrowing billions of dollars each year from the World Bank, despite its position as the world's second-largest economy, according to a study released Thursday."
Shutdown Fallout: Even High-Risk Food Production Sites Uninspected by FDAJan 10, 2019 - 04:50:36 PST
"The U.S. Food and Drug Administration has dramatically curtailed inspections of domestic food-processing facilities during the partial government shutdown, though it is now trying to resume work at the most high-risk sites."
Jan 10, 2019 - 04:47:47 PST
"The federal poverty level for a family of 4 is $25,100, which officials believe is the bare minimum needed to purchase subsistence food, clothing and shelter."
The Trade War, so Long as It Continues, Will Remain a Huge Headache for the FedJan 10, 2019 - 04:44:43 PST
"China can wait Trump out, which means the trade war is far from over. Trade tensions are still a headwind for China's A-shares -- down over 25% in the last 12 months -- and for the Fed."
Gold will have an increasingly relevant role to play in investors' portfolios in 2019.This was the conclusion of the World Gold Council's Outlook 2019 Report.In the report, the WGC highlights three key trends it thinks will influence gold demand and price performance in the coming year.
"2018 was such a bad year for investors, that even the world's biggest - and risk-free - hedge fund, the Swiss National Bank, suffered a dramatic loss."
Gold & silver have rallied since December. This leads us to ask the question, "what's become of the yuan-gold peg?". Here's Craig to answer that...
Reuters just reported that Swiss Gold Refiner Valcambi has offered $16 million USD for Republic Metals‘ scraps.
BOMBSHELL: BOE's Carney Sees Chinese Yuan As Future World Reserve Currency, And That's Not Even The Bombshell!January 9, 2019
The Bank of England's Governor just dropped a truth bomb about Belt & Road building China, and then came this largely missed bombshell...
800,000 Unpaid Federal Workers; 78% of US Workers Live Paycheck to PaycheckJan 9, 2019 - 10:28:03 PST
Tony Reardon, president of the National Treasury Employees Union, tells CNBC that the group has heard from hundreds of frantic federal employees. "They're scared," he says. "They don't know how they're going to put food on the table."
1 in 5 Millennials Expect to Die Without Ever Having Paid Off the Debt They Already OweJan 9, 2019 - 08:36:13 PST
"Over 60 percent of millennials with debt don't know when, or if, they'll ever be able to pay what they owe. The average millennial (aged 18 to 34) had about $32,000 in personal debt, excluding home mortgages, last year."
Denmark Sets Its Sights on the 10-Year Anniversary of Negative Interest RatesJan 9, 2019 - 08:08:13 PST
"Not until 2021 at the earliest will Danes have a chance to see positive rates again, according to Danske Bank. The country’s policy rate first dropped below zero in 2012."
"While December was a horrible month for the broader markets, that wasn’t the case for the precious metals. As the Dow Jones and S&P 500 Indexes suffered the worst December since the Great Depression, the silver price enjoyed quite a healthy rally."
Jan 9, 2019 - 07:59:14 PST
“Multinationals that refine gold in Switzerland know perfectly well where their raw materials are coming from," say Marc Ummel, head of development policy in the raw materials sector at Swissaid. "They just don’t say it.”