Precious metals news

In fiscal 2019, the federal government collected a total of 3,462,196,000,000 in various taxes, according to the Monthly Treasury Statement. But is also spent a record $4,446,584,000,000 in that same year. So, what are Americans getting for the dollars the federal government extracts from their income?

Washington can help fill Sacramento’s budget hole, but the money should come with strings attached.

Is gold a better solution than silver?

With the dollar punching at major support, U.S.-China tensions on the rise and real yields moving deeper into negative territory, the foundation for a move higher is there.

A Swiss hedge fund plans to offer investments denominated in gold and silver to protect clients against the risk that record coronavirus stimulus spending will push down currency values.

As much as Kuroda may talk a big game that the BOJ still has a lot of easing tools at their disposal, they are mostly banking on the threat of such talk to do the job in keeping market participants on their toes for the most part.

The European Central Bank has been at the forefront of the euro zone’s economic response to the Covid-19 crisis. As political leaders scramble to conjure up a joint fiscal response, the central bank’s governing council can afford to stand still when it meets on Thursday.Since the

A powerful former diplomat and party insider earlier this month shocked other officials by laying out a grim & extreme 'walling off' scenario...

Membership in the U.S. Congress is an exclusive club that comes with lucrative, taxpayer-funded privileges. Retirement perks include a lifetime pension and a taxpayer-matched savings plan with taxpayer-paid contributions of up to five percent of salary.

Hospitals have been ordered to bypass the Centers for Disease Control and Prevention and send all patient information to a central database in Washington, raising questions about transparency.

Silver is a vital component in the solar energy sector. Solar power generation is expected to nearly double by 2025 and that's bullish news for the silver market, according to a report highlighted in the latest edition of the Silver Institute's Silver News.
The Silver Institute commissioned a report that examines trends in solar power generation and provides regional perspectives on future demand for solar installations. The report maintains that a combination of global efforts to reduce fossil fuel reliance, legislation to lower carbon emissions, and favorable government tax policies, should result in a continued expansion of solar panel installations over the next decade.

The fund’s Trustees noted in an April report that net inflows into the Trust Fund will turn negative next year, commencing a demise that will see the Trust Fund go broke in 2035.

And this is just for the very beginning of the Pandemic’s impact on housing.

It almost doesn't sound like news anymore: Mortgage rates fell to another record low last week, and that reinvigorated refinance demand. Homebuyers, however, took a step back.

BANKS WILL MAKE out with $18 billion in fees for processing small business Paycheck Protection Program relief loans during the pandemic...

Stocks directly tied to an economic reopening jumped following the vaccine news.

Even among those who 'recover' -- even those cases that were asymptomatic -- numerous patients display long term organ damage (heart, lungs, kidneys, etc).

The Federal Reserve serves as the great enabler. As I put it in a recent article, it is the engine that drives the most powerful government in the history of the world. The Fed's ability to print money out of thin air backstops borrowing spending and removes any meaningful limits on the US government's actions. It also creates the illusion that there are no consequences to the government's actions.
We're seeing that in spades in the central bank and federal government's response to the coronavirus pandemic. The government is borrowing trillions of dollars and the Fed is monetizing that debt. On top of that, the central bank is propping up the stock market through its easy-money policy and corporate bond-buying programs.

If gold sets a new record, new investors will join the bulls' party, strengthening the positive momentum. What is important, however, is that...

The gold and silver markets have become less efficient...