Month: July 2020

EmirMemedovski As the coronavirus pandemic stretches on and the U.S. economy remains mired in a recession, many Americans may be struggling to come up with cash.  Almost half of the population is still out of work, according to the Bureau of Labor Statistics. The employment-population ratio, which is the number of employed people as a
0 Comments
Eurasia Mining said today it is putting itself up for sale. The company produces palladium, platinum, rhodium, iridium and gold from its West Kytlim Mine in the Urals. Included is Monchetundra, a fully permitted 2 million ounce palladium driven PGM project being developed towards production. A financial advisor is helping the company assess offers. “The
0 Comments
Editor’s Note: Get caught up in minutes with our speedy summary of today’s must-read news stories and expert opinions that moved the precious metals and financial markets. Sign up here! (Kitco News) Gold prices have finally hit and breached that $1,800 an ounce level Tuesday and early Wednesday. And despite some profit-taking nudging prices lower,
0 Comments
An increasing number of yield-starved investors are finding refuge in one of the last areas of high-yield and relatively safe investments—real estate investment trusts (REITs). With dividend yields averaging twice those found in common stocks, some as high as 10% or more, you might question the safety and reliability of REITs—especially for conservative income-seeking investors.
0 Comments
Focqus, LLC | iStock | Getty Images New monthly data from apartment rental platform Zumper shows San Francisco rents were down nearly 12% year over year in June, making the city’s decline the largest in the nation, and a record slide for San Francisco.  It’s also the second consecutive month San Francisco rental prices have
0 Comments
The latest research from ZUBR derivatives exchange published June 29 found that participation from retail investors is increasing despite the longstanding narrative that institutional adoption would be required to propel crypto prices higher.  With the recent halving being nothing more than a distant memory and Bitcoin (BTC) price lingering in the $9,100 range, the current
0 Comments
SunTrust Bank, which merged with fellow regional bank BB&T to create a new bank known as Truist in 2019, is now positioned as the sixth-largest bank in the United States, with a combined $442 billion in assets. Despite the merger, however, SunTrust and BB&T have retained their own branding and products. SunTrust offers an array
0 Comments