Precious metals are apparently waking up. And here is where you can find the best deals.
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The Federal Reserve signals a reluctance to raise interest rates. The yen strengthens to 90 per US dollar. Haruhiko Kuroda decides to act..
Business confidence in Europe's biggest economy, Germany, has fallen unexpectedly, according to a closely watched survey.
The yuan's moves have become far less worrisome for markets even though it may take a while for investors to become more confident in China.
Aug 25, 2016 - 05:34:03 PDT
We shouldn’t be waiting for governments to tell us to prepare. We should be preparing for worst-case scenarios of our own volition.
While they may not all look it on paper, these are some of the strongest free market economies in the world where capitalism is still alive and well.
For many in the markets, this has been the year of the yuan. When China suddenly devalued its’ currency, earlier this year, it sent the global markets into a tailspin. […]
I listened to a local financial radio show a few weeks back, where the hosts extolled the virtues of bonds, particularly US treasuries. The advisors are very mainstream, so they saw no use for gold. One of my first thoughts was, “Wow, investors who follow this advice will get hurt!” Some of you have asked me what you can say to your family and friends about gold, to convince them to buy. Well, here’s something you can give them… a letter that factually compares treasuries and gold. It shows why it is crucial they diversify into gold now.
Aug 24, 2016 - 15:56:44 PDT
If you don’t already own some gold, it’s not too late. This may be your last chance to buy gold at what will turn out to be bargain levels.
When this trigger is pulled and the gold panic starts, it’ll run out of control very quickly. Gold prices will soar to heights no one thought possible.
The gold to monetary base ratio is at an all-time low. And before anyone says monetary base growth is not necessarily bad if the economy is growing, the velocity of money is also at an all-time low. The velocity of money is the rate that money is exchanged from one transaction to another.
According to Shvets, ....reject these policies & are looking for alternatives like gold, physical cash, bitcoin, & real estate.
In the gold market, all analytical eyes should be on the Jackson Hole central banking conference. On Friday, Janet Yellen makes her speech.
Aug 24, 2016 - 15:40:30 PDT
push to internationalize the SDR basket of currencies is just one step of many towards the ultimate goal of a gold backed Yuan which will be the cornerstone of the Silk Road initiative.
Nations are just as likely to unravel after periods of prosperity as after periods of depression, warns Todd G. Buchholz, a former White House director of economic policy under President George H.W. Bush.
Social Security Pensions? Surely they are safe … the government told me they were safe. But there is more to the story, so read on.
When machines can make perfect burgers, there’s no need for $15-an-hour burger flippers. But the solution, basic income, is more science fiction than fact.
The weakness of U.S. inflation expectations and cross-asset correlations signal danger ahead, according to analysts at UBS AG.
Note that this is the sort of number that economists show when they want to suggest a possible run on the dollar, and the demise of its role as a reserve currency.
Decade of Stagnation of Industrial Production in the US, Japan, and Europe.
In short, the global bond market has become a giant volcano of uncollectible capital gains. For example, long-term German bunds issued four years ago are now trading at 200% of par.