Precious metals news

European Central Bank policymaker Klaas Knot on Sunday said he does not expect interest rates to fundamentally change in the coming years. "I don't see any move towards fundamentally different rates in the coming years," Knot said in an interview with Dutch television program Buitenhof.

"This is the most serious pandemic risk that we've seen, not since SARS...but I think since the Spanish Flu outbreak in 1919." - Dr Chris Martenson. Join Mike Maloney as he investigates the potential for the coronavirus outbreak to become a full-blown pandemic.

" Given that central banks today are the world’s biggest currency manipulators, it’s imperative that the next chairman prioritize the integrity of the dollar..."

Concerns about low inflation should keep the Fed on hold for a prolonged period, removing a major uncertainty for ebullient investors.

Americans control almost 30% of the entire world’s wealth. Other countries aren’t that far behind anymore, and when measured collectively, Asia already boasts a higher total. That’s according to a new global wealth report from Credit Suisse.

By comparing the U.S. and China’s biggest trade partners between 1980 and 2018, we can see how international relations have changed over the years and how these two superpowers have shaped the world economy.

Gold prices on Monday jump to a roughly six-year high as fears of the economic impact of a fast-moving viral outbreak hurt appetite for stocks and powers buying in assets perceived as havens.

The global rush for safer assets has fueled a huge jump in the world’s stockpile of negative-yielding bonds, snapping months of decline in the value of subzero debt.The pool of securities with a yield below zero surged by $1.16 trillion last week, the largest weekly increase since at least...

Sales of new U.S. homes cooled for a third month in December, signaling a potential pullback after purchases climbed to some of the best levels in more than a decade amid lower borrowing costs and a solid labor market.Single-family home sales fell 0.4% to a 694,000 annualized pace...

The softer stance comes as the eurozone’s fragmented banking sector struggles to make money against a backdrop of low rates.

According to the data made available on the public website of the New York Fed, since September 17, 2019 it has funneled a cumulative total of $6.6 trillion to some of the 24 trading houses on Wall Street that are known as its “primary dealers.”

The money supply growth rate rose in December slowed after a November surge of nearly six percent. 

Silver tends to get lost gold's spotlight but there are reasons to consider adding silver to your portfolio as well. The silver-gold ratio remains at historically high levels. Practically speaking, this means silver is on sale. The supply and demand dynamics also look good for the white metal. Demand is up and global mine output fell last year.
There have been financial commentators, pundits, and asset managers who have stated that during periods of stagflation — low real GDP growth and high inflation — silver has underperformed gold. But as Dan Kurtz of DK Analytics shows, that conventional wisdom doesn't hold up to scrutiny.

Lately, palladium has exploded in price. It’s stirred up a lot of buzz, and we’ve seen significant palladium sales (both clients buying and selling) in the last few weeks. In fact, there has been more interest in this metal than we have seen in the 10 years of SchiffGold’s history. However not too many people know much about palladium or its history.
Palladium, platinum, rhodium, ruthenium, iridium, and osmium form what is commonly called the Platinum Group Metals (PGMs). Palladium is one of the rarest metals on Earth found in 0.015 ppm (parts per million).

Q1 results won't be out until at least April, and another production slump is almost certain. Here's what it means for the gold stocks...

Johnson & Johnson’s chief scientific officer said he believes the drugmaker can create a vaccine in the coming months to fight against the fast-spreading coronavirus.

I think something like that may explain why the Federal Reserve doesn’t see the inflation others notice. Their data says inflation isn’t a problem, so they ignore indications otherwise.

Scott Minerd, Guggenheim Partners co-founder and Guggenheim Global chief investment officer, discusses his concerns about rallying asset prices. He talks with Bloomberg’s Tom Keene and Jonathan Ferro at the World Economic Forum’s annual meeting in Davos, Switzerland on "Bloomberg Surveillance."

“As for the FOMC on Wednesday, our US economists write in their preview that the FOMC should hold rates steady, and that “the current stance is likely to be unchanged barring a “material reassessment to the outlook.”

2007 marked the last year before the financial crisis and Great Recession. Unfortunately, this is where we are in terms of the US Treasury yield curves (10Y-2Y and 10Y-3Mo). Commercial and Industri…