Precious metals news

Is The Federal Reserve pushin’ too hard on raising their target rate? The US Treasury 10Y-2Y yield curve descended further into inversion, signaling impending recession. The US unemployment r…

Inflation expectations are a ridiculous concept. Two independent Fed research papers accurately make that conclusion.

Consumers have become the most pessimistic about housing since 2011, when home prices bottomed in the wake of the global financial crisis, data from Federal National Mortgage Association shows.

As the world remembers Hiroshima, it must also recommit to the increasingly fragile non-proliferation treaty. The alternative is unthinkable.

The US will provide an additional $4.5 billion to Ukraine’s government via the World Bank to help Kyiv assist the growing number of poor Ukrainians and millions of internally displaced people, the US Agency for International Development said Monday.

While the world is creeping closer toward a DefCon 1 exchange with every passing day, should Russia launch tomorrow there will be no way of knowing just how many warheads and ICBMs Putin is letting loose (not that he needs all that many). The reason is because on Monday, Russia informed the US that it is temporarily suspending American inspections of its nuclear weapons sites under the 2010 Treaty on Measures for the Further Reduction and Limitation of Strategic Offensive Arms (New START).

While the founder of the world’s largest hedge fund wrote that an all-out war is still considered “improbable,” a gauge he uses to track the conflict between the two countries has surged to a record and is comparable to previous major wars. He warned that the tit-for-tat escalation could easily get out of control, as has often happened in history.

Taiwan's foreign minister said on Tuesday that China was using the military drills it launched in protest against U.S. House Speaker Nancy Pelosi's visit as a game-plan to prepare for an invasion of the self-ruled island. Joseph Wu, who offered no time-table for a possible invasion of Taiwan, which is claimed by China as its own, said Taiwan would not be intimidated...

(Bloomberg) -- China’s top auditor is conducting a review of the $3 trillion trust industry, paving the way for a potential overhaul of a key shadow banking sector where losses on property loans are mounting.

US equity-index futures slipped as investors assessed whether a strong earnings performance can continue despite recent disappointments. The dollar extended a decline.

We get a lot of Orwellian spin out of Washington D.C. A recession isn't a recession, Putin's price hikes caused inflation, and now we're told a massive spending bill will cure inflation.
Last weekend, the Senate gave final approval to the so-called "Inflation Reduction Act." Despite the catchy title, it is nothing but a tax-and-spend bill. The pundit class insists this will not only cool inflation but will also lower the budget deficit. This is a pipe dream. As Ron Paul explains, the bill will not only increase inflation, it will also increase government spending and taxes.

Consumers continue to add to their record level of debt as higher prices squeeze wallets.
Americans added another $40.1 billion to the debt load in June, according to the latest data from the Federal Reserve. That represents a 10.5% year-on-year increase.

Very few people realize just how much natural gas is consumed at the Alberta Oil Sands Operations.  It's staggering.  The Oil Sands Operations consume nearly one-third of Alberta's total natural gas supply.  So, the notion that Canadian Oil Sands production can be easily ramped up ignores that it needs to...

I'll point out here that Goldman Sachs, up until late last year, had no derivatives in the COMEX futures market in any of the four precious metals. But they did show up in the last two OCC Reports. Now they have a $5.96 billion position, virtually all in silver -- and Ted thinks they're long silver in the OTC market.

Gold broke higher as investors focus on U.S. inflation numbers this week that could influence the Federal Reserve's next rate hike.

Venezuela central bank weighs strategy after court defeat Queen Elizabeth II sent Maduro diplomatic correspondence

Bullion is hovering near a four-week high as the fallout from U.S. House Speaker Nancy Pelosi’s visit to Taiwan keeps markets on edge, the article explains.

The exercises kicked off as an angry Beijing protested the visit to Taipei earlier last week by House Speaker Nancy Pelosi.

Singapore Prime Minister Lee Hsien Loong on Monday warned of the scope for miscalculations over tensions in the Taiwan Strait, which he said were unlikely to ease soon amid deep suspicion and limited engagement between the United States and China.

Select looks at the possible reasons behind this new trend of working longer and retiring later.