Precious metals news

Inflation was very tame in the aftermath of the Great Recession. For years, the Fed fretted that inflation was too low. Falling prices are scary for central bankers because it's very difficult to escape a deflationary spiral.

If it's true that U.S. economic expansions never die of old age but are murdered by the Federal Reserve, as Ben Bernanke once observed, the yield curve is the crucial piece of evidence in most cases.

What’s more, the long end of the Treasury curve has remained inverted, with the 20-year yield trading above its 30-year counterpart.Now the risk of a broader yield-curve inversion, which might signal the likely onset of a U.S. recession, is on the radar...

Germany is teetering on the brink of recession this winter as supply bottlenecks and a wave of new coronavirus cases hobble the economy.

A newly discovered flaw in a common piece of open-source software is prompting researchers and companies to update their systems in a bid to prevent hacks and ransomware attacks.

Cloud computing service AWS has suffered another significant outage, taking down a large number of popular websites. The outage began around 7am PT/3pm GMT, with thousands of incident reports flagged on tracker site DownDetector.

Talking politics during the holidays can turn family gatherings into hostile debates very fast. While most people eventually forgive and forget these political disagreements, is there a point of no return where Americans can no longer co-exist with each other? A new study by researchers at Cornell University finds there may be an actual “tipping point” where no issue imaginable can ...

The world is already witnessing more localized and conflict-driven food crises, and the pandemic is making it worse.

Will the federal government ever again balance its budget? The obvious bet is: No.

Andrew Sentance, a former Bank of England policymaker, also warns that UK inflation is heading to 6% soon - meaning more pain for struggling families.

Chinese banks could see their bad loan ratio of property loans more than double by the end of 2021 from the middle of the year, S&P Global Ratings said, as headwinds in the Chinese property sector intensified in the second half.

Is America's meat processing industry making huge profits by "jacking up prices" during a pandemic, or does it need government assistance? Both, according to the Biden administration.

Chairman Gary Gensler cites the “dash for cash” that occurred among investors at the beginning of the Covid-19 pandemic last year.

The silver-gold ratio has climbed back above 80-1. This has historically signaled silver on sale.
As I write this article, the ratio stands at just over 80:1. That means it takes just over ounces of silver to buy an ounce of gold. To put that into perspective, the average in the modern era has been between 40:1 and 50:1.
In simple terms, historically, silver is extremely underpriced compared to gold. At some point, you should expect that gap to close.
In the summer of 2019, the sliver-gold ratio climbed to nearly 93:1 and at the onset of the pandemic, it rocketed to over 100:1. But as the Fed slashed rates and launched its massive quantitative easing program, gold rallied and took silver with it. Silver typically outperforms gold during a gold bull run. This was the case during the pandemic. As gold pushed above $2,000 an ounce, a 39% gain, silver rallied to nearly $30 an ounce, a 147% increase.
Meanwhile, the silver-gold ratio fell from over 100:1 to just over 64:1,...

In a WSJ Op-Ed, former Fed governor Kevin Warsh says The Fed Is the Main Inflation Culprit, emphasis mine.

After October's big upside surprise print, US retail sales are expected to slow their roll a little - but still rise for the 3rd straight month (and BofA is in line with consensus). Analysts were right on direction but significantly wrong on amplitude as headline retail sales rose just 0.3% MoM (well below the +0.8% MoM expected)...

A mini refinance boom ended quickly after mortgage rates resumed their climb.

The U.S. Congress on Tuesday approved raising the federal government's debt limit by $2.5 trillion, to about $31.4 trillion, sending the bill to President Joe Biden to sign and avert an unprecedented default.

Former U.S. Treasury Secretary Lawrence Summers warned of the risk of a “spontaneous deflating of financial markets” that have been pumped up by retail buying and exuberant investors.

The billionaire founder of Bridgewater Associates joins 'Influencers with Andy Serwer' to share his take on the highest inflation in the U.S. in almost 40 years.