GooGold Search
Precious metals are apparently waking up. And here is where you can find the best deals.

Site:

Precious metals news

    Draghi, the ECB and Germany
Aug 16, 2017 - 09:02:09 PDT
The upcoming meeting in Jackson Hole has become the focus of the global investment community. Why? After Draghi’s comments in Sintra, Portugal on June 27 sent global bond yields higher, the f…
We posted on gold's medicinal value last week, well here's another one, and in this use, "time is of the essence"...
Evidence of rising Asian central bank reserves could be the catalyst for another leg down in the US dollar
    Why Cryptocurrencies Will Never Be Safe Havens
Aug 16, 2017 - 08:20:34 PDT
But there’s no getting around the fact that Bitcoin is essentially a speculative investment in a new technology, specifically the blockchain.
    Why We're Doomed: Our Economy's Toxic Inequality
Aug 16, 2017 - 08:11:37 PDT
The roots of this disconnect are debt: when we borrow from future earnings and energy production to fund consumption today, we are using finance to ramp up our consumption of real-world goods and services.
Gold & silver have been so cheap, for so long, that the coming fiat US dollar currency crisis will show exactly why they are "precious" metals...
    NY Fed Warns of a Massive Debt Bubble
Aug 16, 2017 - 07:22:20 PDT
While everyone is focusing on political issues, the NY Fed published a stunning report on the state of the US consumer.
    Central Banks and the Deflation Monster
Aug 16, 2017 - 06:49:02 PDT
Except that this time the Central Banks are afraid the monster will be too big to bail out. For once they are right.
How this amount of debt on bank balance sheets is ever unwound, i.e. sold - even with central banks' best intentions - without crashing the bond market, we don't know.
And if that wasn't bad enough, here come the Fed Minutemen...
    Housing Recovery False Alarm
Aug 16, 2017 - 06:06:32 PDT
Starts, Permits Plunge In July As Rental Units Collapse. July saw both starts & permits plunge (-4.8% and -4.1% respectively) dramatically missing expectations.
And especially the past 46 years.
    Realtors Warn Of "Another Housing Crash"
Aug 16, 2017 - 05:11:24 PDT
If Mortgage Tax Deductions Are Scrapped. 30 million taxpayers taxpayers claim mortgage interest deductions totaling some $70 billion each year
When central banks manipulate interest rates, they disrupt normal patterns of savings and investment. They pump up economic bubbles that ultimately pop and kick off economic crashes. We saw this vividly in the 2008 financial crisis. Low interest rates, along with government policies, encouraged unsustainable investment in housing. When the bubble popped, it nearly brought the entire economy down with it.
There is another problem with central bank interest rate tinkering that exacerbates bubbles.
It hides inherent risk.
With interest rates still at extremely low levels, what will central bankers do when the next recession comes along?
Just take those interest rates negative.
Negative interest rates will be needed in the next major recession or financial crisis, & central banks should do more to prepare the ground for such policies, according to leading economist Kenneth Rogoff.
Scrapping Obamacare’s cost-sharing subsidies would increase premiums plans by 20 percent next year and swell the deficit by $194 billion over a decade, according to an analysis by the CBO.
The NY Fed did issue a red flag warning over the transitions of credit card balances into delinquency
    Data Dependent: Interest Rates Have Nowhere to Go
Aug 15, 2017 - 11:09:45 PDT
No matter where you look, inflation stands out for all the wrong reasons (from the policymaker perspective). The US CPI as its PCE Deflator has disappointed and in very predictable fashion
Thinking about crypto in mainstream terms can have dire consequences...