Precious metals news

More chief financial officers are worried about input costs, potential price hikes, and the Federal Reserve's ability to manage inflation.

Fed officials are underestimating inflation and risking another recession, Mohamed El-Erian told CNBC on Monday.

Gold eased on Monday as a firm dollar weighed, although bullion traded in a tight range as investors remained on the sidelines given the U.S. Federal Reserve’s mixed signals on policy tightening.

The European Central Bank could end its emergency stimulus scheme next March and markets may be right in not pricing in an increase in more traditional bond purchases, Austrian central bank chief Robert Holzmann said on Monday.

One of the hallmarks of last year’s market crash was the speed with which the Federal Reserve responded to it, stepping in to purchase billions of dollars worth of U.S. government debt within days of the Treasury market seizing up.

"It's very important for us to get back to our 2% inflation target but the goal is for that to be sustainable," Rosengren told the newspaper. "And for that to be sustainable, we can't have a boom and bust cycle in something like real estate."

The pandemic recovery is in a new phase as multiple central banks start or plot the withdrawal of emergency stimulus, gradually shifting from peak support and opening up divergences in international policy making.The Federal Reserve’s crab walk toward the moment it reduces its aid has cemented the global pivot, with counterparts in the U.K.,...

Just having breakfast with Jay Powell, Pat Toomey sat in his Washington office this week with mixed reviews from the chairman of the Federal Reserve. “Look, he’s a very capable guy,” the 59-year-old Republican senator from Pennsylvania said in an interview with the Financial Times. “He and I have significant disagreement about the extent of...

While experts say inflation spikes should be temporary, two-thirds of Americans are worried about the cost of living. Here's how to prepare.

Orville Schell of the Asia Society's Center on U.S.-China Relations warned of a "military accident, even a military clash" as China's rise is accompanied by stronger military.

President Joe Biden has walked back comments that he'd refuse to sign the infrastructure deal unless it came in tandem with a reconciliation package.

European stocks were muted on Monday morning as investors monitored rising Covid-19 around the globe.

The 10-year U.S. Treasury yield eased on Monday morning but held above 1.51% as investors digested a rise in a key inflation indicator index.

The Energy Cliff is wreaking havoc on the U.S. Shale Oil Industry as millions of barrels of oil production every year simply disappear into thin air.  While oil analysts label this as a typical "Decline Rate," the amount of oil being lost annually in the U.S. Shale Oil Industry should scare the living hell...

The markets widely interpreted the June Federal Reserve meeting as hawkish. The central bankers pushed their projections for the first interest rate hike from 2024 back into 2023. But in reality, the Fed didn't actually do anything. Interest rates will remain at zero and quantitative easing will continue unchanged into the foreseeable future.
The fact is the US government needs the Fed to continue its loose monetary policy to sustain its out-of-control borrowing and spending. Money is control and that's why every government wants to control the money. Of course, this never works well for the average person. As Ron Paul put it, the road to big government authoritarianism is paved with fiat currency.

From 2016 to 2020, Republicans were constantly trying to play up the economy. You'll recall Donald Trump claiming it was the greatest economy in history. Meanwhile, Democrats were trying to play it down. Now, the roles have reversed. Since the Democrats own the economy now, they're talking about how great the recovery is while Republicans are sounding warnings. As Peter Schiff explained in his podcast, this political hypocrisy is letting the real culprit get away without blame.

The next three days of trading could be very important for setting the gold and silver prices trends.  In my newest Gold & Silver Update, I provide interesting information on the silver market and the technical charts for the precious metals.  You really need to see this update because these charts provide...

The signals are clear. The economy is slowing, labor markets are weak, disinflation and even deflation are on the horizon, rates are going down, and gold prices are at a great entry price.

Many precious metals investors want to know if the coming inflation wave will be like what we experienced during the 1970s inflation.  In this video update, I compare the top gold miners during these two periods and how the oil and gold prices impacted the profitability of these companies...

Gold is one of the rarest elements in the world, making up between 0.001 and 0.006 parts per million of the earth’s crust. But how much gold is the world digging up each year and what countries produce the most?