Precious metals are apparently waking up. And here is where you can find the best deals.
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After the financial crisis in 2008 central banks across the world cut their base lending rates to varying degrees, with some introducing negative rates of interest.
Gold prices have increased along with debt & currency in circulation. Gold bubbled higher in the stagflationary 1970s and then languished in the “great age of paper” from 1982 – 2000.
Technical analyst Jack Chan sets forth data that signals the potential return of a bear market in the precious metals.
Then we have the Sovereign Debt Crisis that will hit Europe, Japan, China, & the United States. There is no escape.
I wouldn't be surprised if it is ultimately announced that GDP growth for the first quarter of 2017 was negative.
At 2am the other night, my 22 year old socialist daughter asked me a question that I couldn’t answer: “Why can’t we invent things to save labor, replace workers and make […]
Trying to keep a financial system and a currency union from collapsing upon each other.
The MPC felt that the current 0.25% base rate & electronic money-printing program were appropriate
At minus 0.1%, the bank also said it would continue to buy Japanese government bonds at an annual pace of around 80 trillion yen ($705 billion)
China's central bank raised short-term interest rates on Thursday in what economists said was a bid to stave off capital outflows & keep the yuan currency stable after the Federal Reserve raised U.S. rates overnight.
In the Gold Sector, Value Isn't Always What It Seems...
So much for the rising rates crushing the housing market hysteria. At least, not yet.
December 2015 and 2016 rate hikes, spurring “big, multi-month bull runs in gold, silver
Investors may be better off with silver rather than gold. The Fed’s pledge to stick to its dovish outlook on U.S. monetary policy has fueled a rally in precious metals & silver usually beats its more valuable peer in a rising market.
This raises concern that we may be entering really stagflation & not true inflation driven by expanding demand.
Now that everyone's been pushed into risk-on assets, it might be a good time to look at the dead wood that's been piling higher for eight long years.
(Despite 25% Increase In Population Since 1993)
Gold the big winner (thogh WTI is rallying also on the heels of the tumbling dollar)
Gold rallied 1.8 percent yesterday as the U.S. Federal Reserve raised interest rates by an expected 25 basis points for the second time in three months. Silver rose 2.6 percent […]
Why a "data-dependent" Fed is hiking in a world in which economic data is rapidly deteriorating