Precious metals news

In the wake of the pandemic, the ECB launched its Pandemic Emergency Purchase Program, or PEPP, which buys bonds in the region to stimulate lending and fuel an economic recovery. It left that program unchanged at its meeting in March, with the target purchase amount still at 1.85 trillion euros ($2.21 trillion) — which is due to last until March 2022.

Treasury yields rose slightly on Wednesday morning, as investor focus remained on corporate earnings.

“My own view is that we will see inflation of probably 3 or 4% by the middle of next year and that is completely inconsistent with, say, U.S. 10-year bond yields being at 1.6%. That yield could easily double and when it does, then you come to the crunch point that markets are going to experience,” ...

The SEC issued accounting guidance that would classify SPAC warrants as liabilities instead of equity instruments.

The appetite for the riskier parts of the market has dropped significantly even as the broader market has advanced. 

A sharp drop in mortgage interest rates sent homeowners and potential homebuyers to their lenders.

The pandemic has shaken up the ranking of the world's largest economies after sending many countries into their worst economic recessions in recent history.

America has turned into a consumption economy. The problem is, economies can't run on consumption. Peter Schiff explains in this clip from a recent interview.
Consumption economies are bubble economies."

In one of the biggest central bank gold buys in decades, Hungary tripled its gold reserves last month.
The National Bank of Hungary (Magyar Nemzeti Bank, MNB) bought 63 tons of gold, increasing its gold holdings to 94.5 tons, a record high for that country.

The US government ran a record $1.7 trillion deficit through the first half of fiscal 2021. That's a staggering budget shortfall, but only a symptom of the real problem - excessive government spending. We're told this will "stimulate" the economy. But in the long run, it does no such thing.

The “delicate" 350-year-old piece was discovered in a field in the south of the island by Lee Morgan in late December. It was revealed in an inquest where it was officially declared treasure.

The surprise discovery of three jam jars filled with gold bars and hundreds of gold coins in an old building marked for renovation has left a mountain community in eastern France perplexed and celebrating.

In today’s video you’ll receive Mike Maloney’s latest thoughts on gold and silver prices, inflation, Bitcoin and more. Thanks for tuning in.

Gold gained on Tuesday as a rise in U.S. Treasury yields stalled and the dollar steadied near multi-week lows.

Many Americans have one big question when it comes to their retirement: Will Social Security still be there when I need it?

Central banks around the world, especially in Europe and the United States, debased their currencies last year in record proportions.

A new conflict has begun between the United States and China that will shape the coming decades. No country will be unaffected, and Europe some day may have to pick sides. Risk premiums for financial assets will rise.

At €7.522tn ahead of this week's meeting as Lagarde keeps printing press rumbling. Total assets rose by €7.9bn on QE. ECB balance sheet now equal to 70.3% of #Eurozone GDP vs Fed's 36.3%, BoE's 37.4%, and BoJ's 130%.

It was supposed to be a temporary buffer -- more than $1 trillion of debt taken on by U.S. companies last year to ride out the economic devastation caused by Covid-19. But with the economy rebounding and interest rates still near all-time lows, it’s becoming increasingly tempting for corporations including Home Depot Inc. and Verizon Communications Inc. to spend those cash cushions on acquisitions and dividend hikes. In many cases, they’re now borrowing more.The risk is that unfettered access to cheap debt -- even for less creditworthy companies -- will ease the pressure on executives to pay down their liabilities. That could extend a decade-long trend of swelling corporate debt levels, increasing the chances of a greater reckoning once interest rates rise or the next time ...

Commodities have been the talk of the town over the past several months, with grains, energy, and metals reaching new multi-month highs over the 12 months. And this has lead to concerns over input costs… and inflation.