“”silver price”” – Google News
After historic gold-silver price gap in March, investors are starting to bet on silver – Steel, Aluminum, Copper, Stainless, Rare Earth, Metal Prices, Forecasting MetalMiner
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“”silver price”” – Google News
Where are Silver Prices Headed in May? ETF Daily News
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“”silver price”” – Google News
Aftermath Silver Closes C$1.5 Million Non-Brokered Private Placement Junior Mining Network
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Kitco News
(Kitco News) – Gold prices are trading sharply higher and near daily highs in midday U.S. dealings Thursday, following the lead of the U.S. stock market that is seeing solid gains today.
The post Gold, silver sharply up amid U.S. stock market rally, weaker USDX appeared first on WorldSilverNews.
“The WEI,” says the St. Louis Fed, “is an index of real economic activity using timely and relevant high-frequency data. It represents the common component of ten different daily and weekly series covering consumer behavior, the labor market, and production. The WEI is scaled to the four-quarter GDP growth rate; for example, if the WEI reads -2 percent and the current level of the WEI persists for an entire quarter, one would expect, on average, GDP that quarter to be 2 percent lower than a year previously.”
USAGOLD note: As you can see, the drop since early March is worse than the one during the 2008 financial crisis. The Index was developed by Daniel Lewis, economist at the Federal Reserve Bank of New York, Karel Mertens, senior economic policy advisor at the Federal Reserve Bank of Dallas, and James Stock, Harold Hitchings Burbank Professor of Political Economy, Faculty of Arts and Sciences of Harvard University, so it is highly credentialed. If its current readings go unchanged through the end of the quarter, it would portend a roughly 11% drop in GDP from 2019.
Blain’s Morning Porridge/Bill Blain/5-5-2020
“What is the future going to look like? What if I suggest the Coronavirus, and the consequences of the response, will spell the effective end for Financial Asset Markets – bonds and equity? What if I think that’s probably a good thing?”
USAGOLD note: Blain tells investment professionals they should not despair at the disappearance of the bond and equity markets. The real economy and all it has to offer beckons. He goes on to conjure seven “inviestible scenarios” to consider.