Precious metals are apparently waking up. And here is where you can find the best deals.
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Eric says "this is a very large square peg in a small round hole...It's shocking"...
Spot gold was up nearly 0.2 percent at $1,254.74 an ounce as of 0349 GMT, and has gained 0.5 percent so far this week. U.S. gold futures were unchanged at $1,257 an ounce.
Since the crash, the reforms have concentrated on raising bank capital -- a form of financing that can absorb losses if things go wrong. Before 2008, banks had too little.
So much for The Fed balance sheet unwind. The SOMA report as of yesterday showed the balance had RISEN by $13 BILLION. This happens every quarter. The reason why? Agency MBS purchases rose faster than Treasury Note and Bond sales (which were small). But the balance sheet will likely get a little bit closer to…
Income-based phaseouts violate basic principles of tax transparency by triggering hidden increases in taxpayers’ marginal tax rates.
Congressional tax negotiators are hours away from signing a compromise, but two important questions remain: Where’s the money? And do they have the votes?
U.S. Dollar weakness has come back, but this began to show even before the Federal Reserve’s rate hike yesterday.
"It is fascinating to me that Bitcoin is always being compared to gold..."
The last few weeks have been tough on gold. If you have a short-term mentality, you might even think the gold market has gone bearish. But as World Gold Council chief market strategist John Reade pointed out in a piece he wrote for the December issue of WGC Gold Investor, 2017 has been good for gold. And he sees some key reasons to believe 2018 will be as well.
The December Federal Open Market Committee meeting went pretty much according to scrip.Analysts widely expected the Fed to raise rates by .25. It did. Analysts also expected the Fed to signal three more hikes in 2018. It did that too.Gold went up, as we said it probably would, hitting a one-week high in the wake of the rate hike as investors "bought the fact."
The Bitcoin charts have all the hallmarks of a final terminal blowoff top
Lynette Zang Uncovers A Shift In Gold & Silver Manipulation And It's Pointing To December 22ndDecember 14, 2017
Lynette takes a deep dive into the recent price smashings of gold and silver, and she's uncovered a massive shift...
Ron Paul discusses what has gone on in our monetary history and the current situation today
Yellen gave a response which may doom her from a respected place in history. She stated:
"There are several reasons to believe that gold could maintain upward trajectory..."
"Gold is the currency of last resort...we're all depending on gold because that's how we base every other currency..."
Gold prices have climbed this year despite rising U.S. interest rates, a rally in global stock markets and a jump in cryptocurrency prices — and the yellow metal has lots of reasons to stretch its gains into 2018
This is an all-time record, representing even more money printing than what took place in 2008 when the whole world was in the grips of the worst crisis in 80 years!
Despite seemingly robust indicators, the world economy may not be nearly as resilient to shocks & systemic challenges as the consensus view seems to believe. In particular, the absence of a classic vigorous rebound from the Great Recession means that the global economy never recouped the growth lost in the worst downturn of modern times.
And The Fed Is Paying MORE For Banks Not To Lend. In late 2008, The Fed did something that was not so widely noticed: It started to pay interest on excess reserves, effectively paying banks not to lend. Excess reserves are cash funds held by banks over and above the Federal Reserve's requirements. They have grown dramatically since the financial crisis. Holding excess reserves is…