Gold has all the potential to go unprecedentedly high. But silver will be gold on
Site:
Precious metals news
If the European Energy Crisis couldn't get any worse, guess again. Since the beginning of the year, especially over the past month, there's been a significant shutdown of French Nuclear power generation. And... when I say LARGE SHUTDOWN, that is no exaggeration...
London Bullion Market Association (LBMA) and the World Gold Council (WGC) are collaborating to develop and implement an international system of gold bar integrity, chain of custody and provenance. Over time, this will help consumers, investors, and market participants to trust that their gold is genuine and has been responsibly and sustainably sourced.
Russia is open to getting paid for its energy products in gold, local currencies, and even Bitcoin, Pavel Zavalny, head of the country’s State Duma committee on energy, said during a March 24 press conference.
This past week was a stormy ride through the badlands of hell for bonds. Government bond prices took their worst cliff-fall since the Marshall Plan. The panic run of bonds over the edge was sparked by the fantasy belief that Russia might be retreating, bringing a rapid end to Putin’s invasion and the opposing sanctions.
The curious thing about democracy is that somehow the worst get on top. Despite all the high-flying words, the mass campaigns, the public debates, the mass pilgrimage to the voting booths, and the many promises about greener, fairer, better, more just worlds, we somehow end up with bloated bureaucracies, unjust policies, squandering of resources—and not so seldom in mass...
Most people believe lending is associated with money. But there is more to lending. A lender lends savings to a borrower as opposed to "just money." Let us explain.
President Biden on Thursday made two big admissions about the US-led economic sanctions on Russia. The first is that the sanctions will lead to food shortages for many countries other than Russia, and that this is simply the price that Americans ought to be forced to pay.
It’s been some time since the Fed commenced a serious tightening cycle. Previous moves to raise rates progressed gingerly, so as not to risk upsetting the cherished stock market. One has to go back to 1994 for a Federal Reserve determined to actually tighten financial conditions...
Kremlin Threatens To Halt Supplies As G7 Ministers Reject "Unacceptable" Demand To Pay In RublesMar 28, 2022 - 12:21:47 PDT
Moscow stresses it's not running a "charity"... Russia on Monday has issued a firm and unyielding response to G-7 ministers who had dismissed as "unacceptable" its plan to only accept ruble payments for Russian gas going to "unfriendly" nations.
President Joe Biden’s proposed budget for the coming year is based on economic assumptions the White House itself recognizes are outdated, including a forecast for inflation to cool next year to about a quarter of its current, four-decade-high pace.
Watch Live: Biden Discusses Proposed Tax on Ultra-Rich and Defense Spending in 2023 Budget, 2:45 ETMar 28, 2022 - 12:10:47 PDT
President Joe Biden is scheduled to unveil his 2023 federal budget on Monday afternoon at the White House.
The Omnibus Bill 2022 (Continuing Appropriations Act) is 2,800 pages long and amounts to just over $1.5 trillion in spending, 'RandoLand' breaks down the details, pork'n'all...
Mar 28, 2022 - 11:12:57 PDT
In President Biden's final speech in Europe - held in Warsaw - not only did he call for 'regime change' in Russia but he warned that the war in Ukraine would be "long." As Glenn Greenwald wrote recently, the Biden Administration seems to be doing everything it can to PROLONG the war. Why? Who benefits?
Signs are emerging that the resilience of American consumers is rapidly waning, potentially undermining one of the few remaining pillars supporting the bull market in equities.
Buyers are balking at high prices for fuel, food and metals, threatening to tip economies back into recession.
“Moderate” Democrat Senator Joe Manchin wants to impose a $1 trillion tax increase, according to an Axios scoop.
Mar 28, 2022 - 08:58:19 PDT
Seven in 10 Americans expressed low confidence in the president's ability to deal with Russia's invasion of Ukraine as his approval fell to 40 percent in the new NBC News poll.
Previewing President Biden’s trip to Europe last week, US National Security Advisor Jake Sullivan said that, “the president is traveling to Europe...
Mar 28, 2022 - 08:53:26 PDT
The number of Americans posted along NATO’s eastern front has swelled, with more than 90,000 throughout Europe.
Biden's Reckless Words Underscore Dangers Of US Using Ukraine For Proxy WarMar 28, 2022 - 08:50:42 PDT
The central question for Americans from the start of the war in Ukraine was what role, if any, should the U.S. government play in that war? A necessarily related question: if the U.S. is going to involve itself in this war, what objectives should drive that involvement?