Precious metals are apparently waking up. And here is where you can find the best deals.
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We have real domestic final sales growth at a two-year low, core PCE inflation at a seven-year high, and total labor compensation at over a ten-year high.
"A ballooning budget deficit combined with a rising current-account deficit are raising the odds the U.S. could suffer an emerging-markets-style debt crisis."
The U.S. gold exports to Hong Kong surged in February consuming nearly all of the domestic gold mine supply. According to the USGS recent Gold Mineral Industry Survey, February gold exports to Hong Kong more than doubled compared to the prior month. This was an interesting increase in gold demand from Hong Kong as the...
The U.S. government’s need for new financing, rising in part from tax cuts and increased spending under President Donald Trump, has Wall Street predicting the Treasury will ramp up borrowing yet again next week.
"America’s trend of fewer startups and small businesses has originated as a result of high student debt."
"The long-term play is simple: gold demand is growing worldwide, and supply is decreasing. Take advantage of the opportunity at hand."
Gold & Silver Absorb The Sell Orders And Rise In Price After The First Quarter GDP ReleaseApril 27, 2018
GDP comes in at 2.3%, but no matter the number, it's all good for gold & silver, and the metals are responding accordingly. Here's why...
The good news: a solid report, certainly better than expected, despite the plunge in personal consumption.The not so good news: between stated growth and 2.5% core PCE, the Fed may be forced to hike even more than the market expects.
The current system was created during the depths of the financial crisis a decade ago. Its adoption allowed the Fed to avoid cutting the benchmark rate all the way to zero, which officials saw as potentially dangerous. (They initially settled on a range of zer
Mega Money managers have cautioned that the next big financial downturn could start in corporate debt.
DEUTSCHE Bank staff are paying the price for years of mismanagement after 300 bankers were sacked this week as part of the German giant’s messy withdrawal from investment finance. More jobs are thought to be at risk with a leading German paper claiming the final figure could rise to over 1,000.
Thirteen months ago, on the day Deutsche Bank launched an €8bn rights issue to fill yet another hole in its balance sheet - its fifth capital raise since the global financial crisis - the German bank promised investors a new era of transparency.
"A secular global repricing cycle is necessary to break the impasse and reboot the system. The status quo is unraveling, as it must."
Moves in global bond markets over the last few months suggest changing expectations about prices.
The leaders of North and South Korea have pledged to jointly eliminate the risk of war and work together to achieve complete denuclearization of the Korean Peninsula.
As the price of crude rises and as interest rates rise, gold is lovin' it. Here's why...
Jack Chan: Whether It's For Holding Short-Term Or Long-Term Both Gold & Silver Are A Buy HereApril 26, 2018
Jack lets his charts do most of the talking, including Jack's own proprietary chart, and right now, the charts are saying gold & silver are a buy. Here's why...
Imports of gold into China via Hong Kong surged in March, rising 78.67% compared to February.The amount of the yellow metal moving into mainland China via Hong Kong rose to 59.4 tons in March, up from 33.25 tons in February, according to data emailed to Reuters by the Hong Kong Census and Statistics Department.
Last month, US Global Investors CEO Frank Holmes offered three reasons he thinks the gold might hit $1,500 per ounce this year. His number one reason was rising inflation. In a recent interview on Bloomberg Radio, Holmes reiterated that high inflation looks good for gold in the near future. He also pointed out that whether you look at things from a long-term or short-term perspective, gold had done exactly what it is supposed to within an overall portfolio.
The DX pulled back a tad to 91.57, and gold traded narrowly between $1316.50 - $1318. It was $1317 bid at 4PM with a loss of $5.