Since late last year, when Deutsche Bank was on the verge of bankruptcy, the company has instituted a strict austerity program of cutting costs and employees. On October 21st, Deutsche Bank announced plans to cut 28,000 employees worldwide due to the financial crisis caused by the pandemic. However, Deutsche Bank…
U.S. Silver Eagle sales this year are RED HOT pushing total silver investment demand to record highs. According to the U.S. Mint’s most recent update, Silver Eagle sales in 2020 have surpassed 30 million and may continue to increase over the next few weeks in December. Also, for the first time…
Something totally shocking took place last week, and it seems like no one really noticed. Actually, I am quite surprised when I saw the data as it was the biggest change in the U.S. money supply… EVER. And, I am not exaggerating. Investors need to be very concerned now…
As the U.S.’s underlying economic conditions continue to deteriorate, watch for a major disruption in the market to occur in 2021. Millions of Americans may lose their emergency unemployment benefits while a record number faces eviction notices at the beginning of the year. While the Federal government…
Investor demand for precious metals remains strong as the U.S. Mint Silver Eagle sales in November were the highest in nine months. Not only were Silver Eagle sales the highest since March, when the pandemic caused investors to wipe-out inventories, but Gold Eagle sales also jumped by another…
There’s been a lot of fanfare by many analysts that the market may be entering into a new Commodity Super Cycle. I have seen plenty of charts on the internet and on Twitter suggesting commodities versus the S&P 500 Index are now at historic lows. Thus, it seems that many of these analysts…