Here are five Fastmarkets stories you might have missed on Friday March 20 that are worth another look.Slab export prices from Brazilian producers dropped sharply in the week ended March 20, with customers avoiding purchases amid uncertainty about the spread of the 2019-nCoV coronavirus pandemic.The London Metal Exchange will temporarily close its open outcry trading floor and go to electroni...Read More
(Adds details on futures, progress on relief package, newquote)By April JoynerNEW YORK, March 22 (Reuters) - Wall Street analysts andinvestment managers expect another rough week for U.S. marketsdue to coronavirus fears, with a wild open for futures on Sundayevening as lawmakers battled over an economic aid package inWashington.Stock-market futures fell sharply and Treasury-bond futuresrose, signa...Read More
Gary Savagehttps://blog.smartmoneytrackerpremium.com/Read More
Join Mike Maloney & Chris Martenson in this two-part discussion as they discuss the 'financial armageddon' taking place in markets, along with information on how they are investing and protecting themselves financially during this crisis.Part 1 (part 2 below)Part 2Christopher Martenson is a former American biochemical scientist. Currently he is a writer and trend forecaster interested in macro tre...Read More
"Working with the Federal Reserve - we'll have up to $4 trillion of liquidity that we can use to support the economy," Mnuchin told Fox News on Sunday.Continue...Read More
Massie explains that the entire population is being conditioned "to embrace a paternalistic government that can give or take any right away from you depending on if there is a crisis or not."Continue...Read More
Precious metals advocates have been warning for years that the time to load up on a safe haven asset is before it's needed, because by the time it is obviously needed it won't be available. That seemed a Continue...Read More
Rick Rule of Sprott USA sits down with Maurice Jackson of Proven and Probable to outline his portfolio crisis response to ongoing financial crisis, and provides some considerations for your investment portfolio. We will address a number of issues ranging from the FED, Treasuries, currency creation, currency devaluation, and value propositions in the natural resource space and physical precious met...Read More
"What is happening right now is every single government is printing more and more money. You have one rescue package after another, and that's just the beginning. So, now, central banks are your best friend if you want to own precious metals because they are going to do everything they can to debase the currency."Egon von Greyerz is founder and Managing Partner of Matterhorn Asset Management AG &...Read More
I have never in my long career ever witnessed such absurdity as this man has created. Yes, it is true if we all stayed at home we can beat the common cold. For this guy to only look at his field and say that Continue...Read More
"This is not a short term situation," he said. "This is not a long weekend. This is not a week. The timeline, no one can tell you. It depends on how we handle it.Continue...Read More
Senator Rand Paul has tested positive for COVID-19. He is feeling fine and is in quarantine. He is asymptomatic and was tested out of an abundance of caution due to his extensive travel and events. He was not aware of any direct contact with any infected person.Continue...Read More
German Chancellor Angela Merkel has gone into quarantine after being in close proximity to a doctor who tested positive for the Chinese coronavirus.Continue...Read More
0:50 - Silver and liquidity.2:10 - Physical supply and paper markets.6:00 - Silver Ratio to Gold.8:20 - Industrial demand outlook.10:15 - Risks when storing bullion.16:00 - Crisis and precious metals.26:15 - Life in Singapore.33:30 - Expect crisis to last one year. Gregor discusses the silver market and how we see the same pattern that happened back in 2008, 2011, and 2013. The markets are crashin...Read More
They are seeking to eliminate ANY means of circumventing their negative interest rate policy. They believe that the only reason Continue...Read More
Here are five Fastmarkets stories you might have missed on Friday March 20 that are worth another look.Slab export prices from Brazilian producers dropped sharply in the week ended March 20, with customers avoiding purchases amid uncertainty about the spread of the 2019-nCoV coronavirus pandemic.The London Metal Exchange will temporarily close its open outcry trading floor and go to electroni...Read More
Peak Oil? That was an obvious and widespread promotion while it was in play and did not fool anyone who bothered to step aside from the herd that ran with it.Peak Terror in broad stock markets? Well, that I don’t discount so readily because this is a system that was a debt-bloated accident waiting for the trigger that turned out to be COVID-19. Terrified casino patrons will pray that the Fed...Read More
Gary Savagehttps://blog.smartmoneytrackerpremium.com/Read More
It doesn’t seem to matter what the ratio of gold to silver is, or how high it goes. Those who prefer silver always seem to think it’s going to reverse “soon”.It might; maybe significantly so, too. But it doesn’t mean a thing. There are no fundamental reasons for the ratio to move up or down at any given time.Actually, there is no reason to track it, either. Except tha...Read More
Makingan investment is a great move. However, deciding on the kind of investment tomake is not the easiest thing to do. There is the worry if the investment isthe right one, or it will at all, bring on good returns. Investing in gold is asmart investment decision. The asset has been around for a while and beenconsidered a very valuable form of wealth. Today, it is still one of the mostvaluable ass...Read More