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Today’s gold and silver market news, curated from the best of GoldSilver's team and around the web. Everything precious metals investors need to know including updates on big price swings, macro analysis, and breaking stories. Check back often or subscribe to get the highlights in your inbox. Monitor live spot prices on our charts page.
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TOP NEWSBROKEN: Do You Really Think The FED Knows What it is Doing?
One year ago today - something massive happened in the global markets that marked the beginning of the current crisis. No, it wasn’t the health crisis that kicked off this industrial scale panic…tune in to Mike Maloney’s latest analysis to see the evidence of this event as well as conclusive proof that financial models are not only wrong, but broken. Do you really think the Fed knows what is doing?
Top 5 Silver & Gold Products I Buy
Want to know the bullion products Mike Maloney buys? Or what to focus on if you’re new?I asked Mike these very questions in this short video, packed with useful information.It includes the one product that comprises the vast majority of his holdings.Plus, why we buy most of our bullion in small denominations.What are the top 5 products Mike buys?
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The Problem With the U.S. Economy Is There Are Too Many Poor People: Michael Farr
Until employment and wages increase, the U.S. economy will remain at best bogged down and at worst digging a deeper hole for all of us, our children and grandchildren.
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Pelosi Doubles Down on Demand for $2.2 Trillion in Coronavirus Relief
House Speaker Nancy Pelosi indicated Thursday that Democrats will keep pressing for a coronavirus relief package of at least $2.2 trillion.“It's hard to see how we can go any lower when you only have greater needs,"...
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Fed’s Bullard Says Inflation May Be Stronger Than Wall Street Expects
Inflation may be stronger in coming quarters than Wall Street now expects, said St. Louis Fed President James Bullard on Friday. "I actually think we're at a...
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Fed Officials Tussle Over Practical Meaning of New Inflation Policy
Federal Reserve policymakers on Friday began fleshing out what their new tolerance for inflation will mean in practice, an issue critical to how investors and households reshape their own outlooks even if it may not be relevant to any immediate decisions by the U.S. central...
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‘This Is Going to Bankrupt Me’: Americans Rack Up $45B Worth of Medical Debt in Collections
Medical debt is piling up as millions of unemployed Americans struggle to stay afloat after losing their health-insurance coverage following a historic wave of layoffs this year.
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Metrics Show Consumers Pulling Back on Spending in September as Congress Debates Second Stimulus
After spending more in the summer as economies reopened and stimulus checks hit their bank accounts, U.S. consumers are spending less.
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Investors Vent Their Frustration Over Fed’s Balance Sheet Inertia
“There was an inconsistency with the super-strong forward guidance on rates and quantitative-easing, which was a little more loosely defined,” said Mike Stritch, chief investment officer at BMO Wealth Management.
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Who Bought the $3.3 Trillion Piled on the Incredibly Spiking US National Debt Since March?
Trillions flying by so fast, it’s hard to even count them. But somebody had to buy these Treasury securities. And it wasn’t just the Fed. Here’s who.
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Study: 29 Million American Adults Don’t Have Enough to Eat, a Threefold Increase Since 2018
The Covid-19 pandemic has dramatically worsened America's hunger crisis—a shift that disproportionately impacts people of color, women, and children.
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Unemployment Claim Progress Slows to a Crawl
Progress in initial and continued state unemployment claims is minimal. All continued claims rose has worsened for three weeks.
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More Than One Third of All NYC Residents Consider Leaving
A Siena College study shows 44 Percent of Six-Figure Earners in NYC Have Considered Relocating.
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China’s Yuan Is Rallying Sharply Against the Dollar and Analysts Say There’s Room to Run
Analysts say recent strength in the yuan is due to a weakening dollar, which has slumped significantly this year, as well as China's economic recovery after the worst of the coronavirus hit.
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Fed's Kashkari Says New Forward Guidance Could Have Been Stronger: WSJ
New Federal Reserve guidance over the future path of rates fell short of what was needed, Minneapolis Fed leader Neel Kashkari said Friday.
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$2.50 a Year in Interest? That’s What $5,000 in Savings Gets: NYT
With the Federal Reserve keeping rates low, home buyers are benefiting. But savers? Their average interest rate is just 0.05 percent.
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Millions Are House Rich but Cash Poor. Wall Street Landlords Are Ready :WSJ
Since the coronavirus pandemic began, big single-family landlords have raised billions of dollars for homebuying sprees.
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Momentum for Basic Income Builds as Pandemic Drags On
Advocates see an opportunity to transform the safety net.
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UBS Is ‘Very Bullish on Gold,’ Says Prices Could Stay High Longer
UBS has raised its gold price forecast for next year from $1,850 to $2,100 per ounce, said Yeoh Choo Guan, the bank's head of ASEAN global markets.
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The Next Wave of the Global Recovery Could Send Commodity Prices Soaring
The next phase of the economic recovery is likely to be driven by commodity-intensive infrastructure investment, analysts have told CNBC.
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Gold Rises as Economic Uncertainty Prevails, Dollar Softens
Gold prices gained on Friday buoyed by a weaker dollar and lingering concerns over an economic recovery from the damage inflicted by the coronavirus pandemic that were underscored by elevated weekly U.S. jobless claims data.
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