GooGold Search
Gold has all the potential to go unprecedentedly high. But silver will be gold on

Site:

Precious metals news

    Time Might Run Out on Japan’s Low-Rate Policy: WSJ
Dec 19, 2022 - 05:29:26 PST
Weak currency pressures central bank to raise rates, but that would raise interest costs on massive debt...
The number of car repossessions across the United States is on the rise and expected to continue into the new year. Some industry experts say it is a sign of the economy.
The highest interest rates in 15 years are delaying home dreams, putting business plans on ice and forcing many Americans to agree to loan terms that would have been unimaginable just nine months ago.
A brutal year for US stocks is drawing to a close with little conviction on Wall Street that the outlook is brightening anytime soon.
    Bonds Get Wake-Up Call From ECB Warning
Dec 19, 2022 - 05:20:43 PST
European bondholders are coming to terms with the fact that this year’s devastating losses may have further to run in 2023.
    Europe’s Energy Crisis Is Just Getting Started
Dec 19, 2022 - 05:16:38 PST
Europe’s high natural gas storage levels have left it in a strong position to survive this winter, but its energy crisis is only just beginning.
\US equities are set for their worst year since the global financial crisis, and, according to Morgan Stanley strategist Michael Wilson, corporate profits are about to meet the same fate.
My first two thoughts: Why isn’t this store more crowded? And why is there still so much inventory left in this store, especially in seasonal categories such as holiday cards, toys, and party clothing?
    Stock Futures Rise After Back-To-Back Weekly Losses
Dec 19, 2022 - 05:09:45 PST
U.S. equity futures clawed higher in the early trade Monday after stocks booked consecutive weekly losses for the first time since late September.
    Silver and Gold! Or Peppermint?
December 19, 2022
‘Tis the season for Christmas specials.
I’m not going to lie – even as a grown man, I love watching Christmas specials. Snoopy decorating his dog house. The Grinch folding up the Christmas tree like an umbrella and stuffing it up the chimney. And Frosty the snowman melting in the greenhouse.
    Everything Is Fine...Until It Isn't
December 19, 2022
For months, Peter Schiff, me, and a few others have been saying the economy is teetering on the brink of a collapse.
But nothing has happened.
Are we just wrong?
Last week, CPI data came in cooler than expected but Jerome Powell's rhetoric remained hot. The Federal Reserve raised rates by 50 basis points and the Fed chair maintained a hawkish tone. Peter talked about the CPI data and the Fed meeting in his podcast. He said the bottom line is the Fed is still completely oblivious to the disaster it has created.
    Peter Schiff: The Game Has Changed
December 19, 2022
Peter Schiff joined Liz Claman and Andrew Brenner of NatAlliance Securities to talk about the December Federal Reserve meeting and the messaging from Fed Chair Jerome Powell. Peter said investors need to understand that the game has changed. Inflation isn't going away.
If you want to know what is the best-performing, most profitable, and undervalued silver mining stock, you need to check out our analysis of the Top 5 Primary Silver Miners.  It's been a while since I covered these stocks, so I thought I would do an update before our holiday trip...
How much have the Gold & Silver Coin premiums fallen over the past month, and what does that mean for the bullion market?  Unfortunately, some dealers are still charging very high premiums on bullion products, which I don't believe is positive for the Precious Metals Industry...
The drainage of silver from Comex vaults since the start of the year has been nothing short of spectacular.
This analysis focuses on gold and silver within the Comex/CME futures exchange. See the article What is the Comex? for more detail. The charts and tables below specifically analyze the physical stock/inventory data at the Comex to show the physical movement of metal into and out of Comex vaults.
It was probably an odd thing to see — a group of researchers coming into a museum with a portable measuring device, shining a laser beam on some of the most important gold objects in the history of archaeology and burning tiny holes in them. But it was all worth it as with this, they uncovered prehistoric trade routes between the cities stretching from the Aegean to the Indus.
Archaeologists have identified a 4000-year-old gold working tool kit amongst the grave goods from a Bronze Age burial near Stonehenge. - HeritageDaily - Archaeology News
“This is the third coin of this type found in excavations in Jerusalem, and one of the few ever found in archeological excavations,” said the researchers.
    Gold Dawn Approaching $2,500
Dec 16, 2022 - 12:36:54 PST
The repercussions for the US economy will be severe. The realisation of just how bad things will be in 2023, both for the USA and other western economies in particular is beginning to dawn on people.