Precious metals are apparently waking up. And here is where you can find the best deals.
Site:
Precious metals news
Gold & Silver Spot Prices Could Drop But Premiums Would Rise And Supply Could Run DryFebruary 21, 2018
Lynette Zang says that waiting on a drop or a crash could mean ultimately paying more by way of higher premiums, or missing out altogether. Here's why...
The dollar has shown some resilience this week. The dollar index clawed back after hitting multi-year lows last week. Meanwhile, gold saw its worst single-day decline in more than a year on Tuesday.One thing that hasn't changed is the upward pressure on bond yields. In his most recent podcast, Peter Schiff said he thinks this is the reason we're still seeing some life in the dollar and downward pressure on gold.
The mainstream investment world is starting to worry about the federal debt.CNBC put it this way:Goldman Sachs sees a tidal wave of red ink — and it may drag the US economy into its undertow."Goldman recently released a note to clients saying virtually the same thing Peter Schiff has been saying for months. The US economy won't likely get the promised economic growth out of GOP tax cuts - at least not over the long-haul.
"Gold softened last night in a relatively narrow range of $1325.50 - $1330.80, tripping some long liquidating sell stops below yesterday’s $1328 bottom to reach its low."
*Some Fed Officials Saw Appreciable Risk Inflation To Lag Target
“An entirely new factor is being introduced in the global gold markets with huge consequences."
"We are too close to the 'edge' to be testing an increase in interest rates. Economies, below a certain 'stall speed,' cannot repay debt with interest."
No Longer The Safe Haven: The Dollar Is The Achilles Heel Of The Global Economic ReflationFebruary 21, 2018
Michael Ballanger says what worked from 2009 through 2017 will not work in 2018. Here's what it means for gold...
The chaos coming to markets is here. It’s not going away, & it’s not going to be brushed under the rug.
Jim says that now is the time to lighten up on stocks and buy some gold. Here's why...
Highest gold-to-GDP ratio of any major economy
"For America to appear as if it is moving forward, it has to go backward into greater debt."
Inflation’s back & raw materials stand to benefit, according to JPMorgan Chase & Co., which has raised price forecasts for metals.
US Existing Home Sales declined 3.2% MoM in January, but fell 4.8% YoY (SA). That is the lowest growth rate since 2014. Existing homes for sale? Ever-so-slightly higher than last month, but still near the lowest level since 1999. The Median Price for Existing Home Sales increased at a 5.8% rate YoY. Very steady growth…
2018 has the largest divergence in modern history
“This Is Where The Next US Debt Crisis Is.”
"I suggest that deficit spending is out of control globally. If more public spending was the answer, Japan would be the shining beacon of global excellence."
If you think the tremors that struck equities this month have yet to play themselves out, you’re not alone.
Deutsche Bank sees acyclical price pressures about to turn a corner