Precious metals news

Peter Schiff recently appeared on RT Boom Bust with Ben Swann to talk about safe-haven assets in the age of COVID-19. Peter made the case for gold, saying if you understand its role as money, you know you should always have some. He also debated Swann on the long-term value of bitcoin.

The brand new framework for US financial coverage introduced on the Jackson Gap symposium in August is a watershed occasion, for each the follow of macroeconomic coverage, and the idea that lies behind it. With markets starting to doubt whether or not the Federal Reserve can elevate […]

As devoted followers of trend, European central bankers have additionally been following the mental developments set by others. When inflation concentrating on was in vogue within the 1990s, the European Central Financial institution adopted the brand new regime and have become a paid-up subscriber to the financial principle that lay behind it. Inflation concentrating on […]

A potent catalyst for equity and credit markets in recent months has been the combination of ultra-loose monetary policy from central banks and huge spending by governments. It has inspired a sense of confidence in financial markets that has turned into euphoria, notably in big US technology stocks. This week,…

Gold prices fell on Tuesday on a strong dollar but the metal held in a tight range buoyed by lingering economic concerns as investors awaited policy cues from the European Central Bank.

Japan's Chief Cabinet Secretary Yoshihide Suga, a frontrunner to be the next prime minister, said he would like the central bank to continue its ultra-loose monetary policy as the economy is still struggling with the impact of the coronavirus pandemic.

The explosion of debt puts pressure on the Fed to keep increasing the money supply in order to maintain low interest rates. An increase in rates to anything close to what they would be in a free market could make it impossible for consumers, businesses, and (especially) the federal government to manage their debt. This would create a major economic crisis.

Fed watcher Danielle DiMartino Booth says low rates punish savers, widen income inequality, and thwarts the innovation of capitalism.

Lebanon's central bank governor, Riad Salameh, said he doesn't want to resign because he has a strategy to get the country out of this crisis.

The coronavirus has infected more than 27.3 million people around the world so far, killing at least 893,000 people.

The head of the World Health Organisation called on countries to invest in their public health systems.

Last month, the Federal Reserve moved the goalposts when it changed its inflation targeting policy. 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 effect, the Fed will allow the CPI to run “moderately” over 2% “for some time” to balance out periods where it runs under that level.
We have argued that this isn't some kind of technical policy shift due to new economic insights. It's a necessary move because the Fed can't stop printing money and price inflation is an inevitable side-effect.

The world has changed virtually overnight due to the global pandemic.  With the collapse in economic growth, central banks have pumped in an unprecedented amount of liquidity to prop up the markets.  However, this has motivated many investors to move into the protection of gold as global currencies, and the...

With the world heading into a deep recession (soon depression) due to the global contagion, the massive Fed and central bank intervention used to prop the world's economies resulted in a massive surge of investor gold demand.  While a large percentage of the increase in gold investment took place in the...

Precious metals investors are wondering if the Silver Rally will continue in September.  After the silver price reached nearly $30 in August, it has been consolidating lower over the past few weeks.  However, silver tried to surpass the $29 level but fell last week along with the broader markets...

The gold miners’ stocks are mired in correction mode, which isn’t surprising after their mighty post-stock-panic upleg...

The next inflation crisis will be worse than the 1970s...

The NASDAQ Index has surpassed the bubble phase and has rocketed higher into the stratosphere.  While the world continues to believe that High-Tech is the solution to all our problems, the Falling EROI - Energy Returned On Investment suggests otherwise.  Thus, as the NASDAQ enters its last blow-off stage...

Has the latest leg of gold's 2020 bull run come too fast?

The precious metals markets are changing faster than we realize.  While the gold price reached a new all-time high of $2,089, this is only the beginning of the new bull market.  Already, we are seeing interesting moves by companies acquiring the Gold ETFs and mining shares.  One such company has this...