Precious metals news

As the economy moves online, digital currencies will be the future of financial systems, according to Russia's central bank governor, Elvira Nabiullina.

China has yet to do a nationwide rollout of the digital yuan but is instead focusing on trials in the form of lotteries around the country.

China's Vice Premier Liu He and U.S. Treasury Secretary Janet Yellen spoke about how the countries' economic relationship is "very important," state media said.

If you've been to the grocery store, or the gas station, or the building supply store, you know we have an inflation problem. Last month's hotter than expected CPI confirmed what we already intuitively know. But the folks over at the Federal Reserve continue to tell us there's nothing to worry about. They insist inflation is transitory.
Their reassurances notwithstanding, people are worried. Searches for the word "inflation" hit an all-time high on Google trends in May. In this clip from a recent podcast, Peter Schiff talked about the growing public worry about inflation and why the Fed's response is bogus.

The recent spike in U.S. inflation is likely transitory for now — but it could become more persistent in the coming years as more people return to work, said former New York Fed President William Dudley.

High prices and low supply are finally taking some of the heat out of the housing market, and mortgage demand is following suit.

Cases are surging in parts of Asia and South America. And experts are monitoring a human case of an avian flu amid a continued risk of pandemic flus.

The market and most investors are going to be in for a RUDE awakening as we head into a deflationary cycle, rather than the rampant inflation or hyperinflation assumed by the overwhelming majority of people.  Why are so many investors misled into believing that massive inflation is coming? 

Yet now the US Mint is admitting that there actually is a “global silver shortage,” which makes you wonder if this scheme is getting close to the end of the road.

Gold headed for the first decline in three sessions as bond yields rose after a string of positive economic readings helped spur optimism in the recovery from the pandemic. The yield on the benchmark 10-year Treasury rose two basis points, hurting demand...

The Fed has embarked on a massive expansionary quest in recent years. In 2020, total Reserve Bank assets rose from $4.2 trillion to $7.4 trillion amidst the pandemic and related government lockdown and fiscal “stimulus” policies. That was roughly three times the...

"The United States is in dangerous waters if it becomes 'general wisdom' and 'popular opinion' among public policy analysts and politicians that governments can spend all they want, in any amount, by just running huge annual budget deficits and expanding the national debt because it can all be...

S&P 500 Monthly Valuation & Analysis Review – 05-31-21. A deep dive into the fundamentals which drive long-term returns from J. Brett Freeze.

With prices rising substantially across just about every sector, the most common questions we’ve been receiving involve Mike Maloney’s theory of a potential short-term deflation before big inflation, or even hyperinflation.

Allianz chief economic advisor Mohamed El-Erian answers some big questions about how the U.S. will get back to work. He calls the pandemic "the great unequalizer" and sees increased inequality in every institution he reviews. El-Erian warns this new distribution of ...

President Biden's proposed 39.6% top marginal income tax rate would affect single and married filers with over $452,700 and $509,300 of income, respectively.

It’s been almost two weeks since the price of bitcoin took a dive to $30,000, but institutional investors have so far held off on buying the dip, according to JPMorgan research.

As China’s central bank pulls back from direct intervention in its currency market, officials are reverting to old tools to manage the yuan.The People’s Bank of China on Monday said the country’s lenders will need to hold more foreign currencies in reserve.

The Fed believes that when unemployment benefits are cut, there will be a flood of workers and that will keep wages in check to a degree. I can see the arguments both ways but the Fed has the luxury of time and they've decided to simply wait and see.

U.S. labor market signals are conflicting to an "unprecedented" degree, but those suggesting labor market slack should be given more weight than those pointing to tightness, according a paper published Monday by the San Francisco Federal Reserve Bank.