Precious metals news

There is nothing really new to say this week. The metals and miners have been basically going sideways...

But seeing the frenzy, the Fed has stepped away.

With the Covid-19 crisis, it is harder than ever to precisely gauge what inflation is doing right now. But it is clear enough that it has been heading back up.

The federal government has the option to debase the currency.

Even before the coronavirus pandemic pushed government spending off the charts, the national debt was snowballing at an alarming rate.

How would you like to eat some cool gold?
Read closely. I didn't say buy gold. That's probably would you would expect on the SchiffGold webpage.
But I said eat gold. Because, you know, that is a thing.

The federal government has already made $32 billion available to distressed airlines. The industry wants another $25 billion.

After a substantial decline last week, the number of borrowers in coronavirus-related mortgage bailout programs dropped by a lot less this week.

The La Nina weather system could roil global food production, sending prices higher, as potential droughts and floods bring upheaval to a suite of key agricultural commodities from Southeast Asia to South America.

The global economy is bouncing back strongly from the dramatic collapse it suffered in the spring, but fresh data suggest the early gains from the lifting of coronavirus lockdowns are already exhausted.

We're going into the dark years, and we're never going back to what we had...

America’s economic rebound is about to get a lot tougher with diminished chances in Congress for additional support for the jobless and businesses

Fed officials will link interest-rate increases to inflation outcomes when they provide more guidance on the future path of monetary policy, economists said in a Bloomberg survey. They’re just not sure when that guidance is coming.The Federal Open Market Committee meets Sept...

The ECB’s president distanced herself from a spate of warnings that the rising exchange rate is compounding the eurozone's woes

There was a tremendous amount of volatility in the stock market this week with the NASDAQ entering correction territory and then rebounding. Is this just a blip on the radar? Or is the biggest bubble ever running out of steam? In this episode of the Friday Gold Wrap podcast, host Mike Maharrey talks about it. He also digs into what's going on in the housing market and what it's telling us about the broader economy.

The greenback has been on a slide since the spring, and a wonky change in the Fed's approach to inflation may apply further downward pressure in the future. 

A major source of greenbacks for international banks has begun to shrink again, which could threaten major non-U.S. banks that have come to depend on it.

Inflation will remain negative for the rest of the year and upward revisions in core price growth because of the economic rebound have been “significantly muted” by the stronger exchange rate, he wrote in a blog post on Friday.

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They have raided 5 out of the last 6 days...