It is no secret to anyone that the silver market is in the midst of several changing trends as the COVID-19 pandemic turns the global economy around. And is that when the dust stabilizes, we see a bullish case for silver prices, since investment demand increases while supply restrictions persist. […]
It could be said that if there is something positive about this terrible plague that we are enduring, it is that from time to time, it gives the Trudeau government some really cool ideas. Certainly, just a couple of weeks ago, the liberals came up with the idea that they […]
Bank of America’s bullish call on bullion Bank of America Corp. raised its 18-month gold-price target to US$3,000 an ounce — more than 50 per cent above the existing price record — in a report titled “The Fed can’t print gold.” The bank increased its target from US$2,000 previously, as policy makers across the globe […]
Countries with highly leveraged households, corporations and public sectors will face financial instability as credit spreads widen and currencies devalue The pandemic-induced recession is busting public budgets throughout the world, both to fight the virus and to satisfy unprecedented demands for fiscal and liquidity measures. According to the latest IMF […]
Venture capitalist Chamath Palihapitiya made waves when he said during a CNBC interview that the government should not bail out companies impacted by the coronavirus shutdowns. “On Main Street today, people are getting wiped out. Right now, rich CEOs are not, boards that have horrible governance are not,” he said. […]
Why even have a Republican Party when, with control of two of the three branches of the political process, Republicans can’t provide any vision or contrast in the worst crisis of our lifetime? Once again, Republicans are falling into a trap of getting into a bidding war with Democrats on […]
For prosperity, the invisible hand works better than an iron (or any other kind of) fist Hard times make strong people, the saying goes, but it didn’t work out that way for the Brits. Victorious but beaten to within a hair of its life from six years of war with Hitler, […]
The price of oil turned negative on Monday for the first time in history. Of course, that doesn’t mean that somebody will soon pay you to put gas in your car. We’re talking about the price of oil futures contracts. Nevertheless, it does indicate just how out of whack the […]
Oil did something Monday that made even market veterans shake their heads in wonder — the thinly traded, soon-to-expire May contract for West Texas Intermediate crude on the New York Mercantile Exchange traded, and closed, in negative territory. “I’m not sure how to react to that other than say that nobody, whether […]
Government policies need to encourage capital investment, aim for fiscal balance and liberate the private sector from uncompetitive taxes and red tape At this moment of national peril, those with an ideological agenda are plotting the permanent expansion of government at the expense of personal freedom and economic opportunity. Some are […]