Precious metals news

Covid-19 cases continued to grow over the weekend in nearly a dozen states as the nation's leading infectious disease expert warns about the nation's worrying level of new infections.

The World Health Organization reported a record single-day spike in global cases on Sunday, tallying more than 307,000 new infections in 24 hours, according to Reuters. That’s more than 1,000 new cases higher than the previous single-day record as set on Sept. 6.

With Silver Eagle premiums continuing to trend lower of the past several months, one dealer is now offering one of the lowest prices in the market.  Dan at CLOUD HARD ASSETS just emailed me a little while ago to let me know that they reduced their premiums on 2020 Silver Eagles...

The amount of lost silver supply during the shutdown of the global economy from the two largest producers in the world was quite astonishing.  This comes right at the time when the demand for silver investment is at the highest level ever.  Recently, Mexico updated its silver mine supply...

Last month, the Federal Reserve moved its inflation goalposts. Is it setting us up for a return to the inflation of the 1970s?
During a speech at Jackson Hole, Federal Reserve Chairman Jerome Powell announced new policy guidance for how it addresses price inflation. In the past, the central bank has targeted a 2% inflation rate as measured by CPI. Now it will shift to “average inflation targeting.” In practice, the Fed will allow the CPI to run “moderately” over 2% “for some time” to balance out periods where it runs under that level. In effect, the central bank now has an excuse to let inflation run hot.

Wildfires are raging out of control in western states doing millions of dollars in damage and disrupting countless lives. In a recent podcast, Peter Schiff said the Federal Reserve has set an even fiercer wildfire - inflation. And we are in danger of it burning out of control through the entire US economy.

Even though sales of Silver & Gold Eagles have increased significantly, we are only in the beginning stages of MASSIVE DEMAND...

In today's update, I discuss where the silver price may be heading over the next few weeks.  Of course, this is only a short-term horizon, but if individuals are going to watch Kitco.com or other silver price quotes every day, then it essential to know what the technicals...

Over the past two weeks, the oil price fell more than 12% due to weaker demand than anticipated by the markets.  Also, with the summer driving season over now in the U.S., gasoline consumption fell to 8.4 million barrels per day this week, down from 9.2 million barrels per day just...

How can you both make money, and protect what you already have, with Gold & Silver?

Those that hold physical Silver and Gold know it’s the best way to deal with it while we all witness the events, with an occasional...

As the public and investors continue to be focused on the economy and stock markets, the global energy industry is disintegrating right before their eyes, but no one seems to notice.  Actually, I was quite shocked by the initial research I have been doing on what I label as the "Gutting...

Our work supports a bubble in gold and precious metals later this decade. This article will explore the various aspects of a bubble and how one could prepare.

Gold prices edged lower and continued to trade sideways as the dollar was moving lower. US yields traded sideways despite stronger than expected retail inflation wholesale inflation.

Senate Republicans failed to advance their "skinny" coronavirus relief bill, but there are still a handful of federal protections in place to help those financially struggling due to Covid-19.

Historically, higher inflation has benefited “hard assets” such as gold and other commodities.

This morning's release of the publicly available data from ECRI puts the WLI at 139.4 up 0.7 from the previous week. The WLIg is at 1.6, also up from last week and the WLI YoY is at -3.51, up from last week.

For a longer-term perspective, here is a column-style breakdown of the inflation categories showing the change since 2000.

Gold futures fall on Friday, but edge higher for the week in the wake of turbulent stretch of trading for global equities.

The dollar will only lose its hegemonic status if Chinese policies make use of the renminbi more practical for foreign banks and investors, while American policies make continued use of the dollar impractical.