Precious metals news

Gold open interest has come down to 794,151 contracts. Here's an update...

These two assets, therefore, should not be seen as competing with each other for market share, but, rather, as allies in the battle for financial choice.

He recommends buying dips on anything oil and gold-related ...

What we are left with is very weak profits, showing a decline over the last year.

America’s sky-high health-care costs are so far above what people pay in other countries that they are the equivalent of a hefty tax...

20 years of stagnation interrupted by the collapse during the Financial Crisis and subsequent recovery.

Rising tensions in the Middle East could spark economic and financial shocks felt around the world, Moody's said Monday.

Experts urged the Federal Reserve to consider new strategies to fight the next recession, worried that its toolkit was limited.

A highly controversial financial topic is gaining media attention.

A Fed study shows foreign banks can more easily take advantage of Interest on Excess Reserves (IOER) than US banks.

Over the past year, 4 housing indicators have moved in ways consistent with patterns seen in 3 previous recessions.

There’s a golden opportunity in the precious metal right now, and it’s not going away.

Gold has been surging since a US airstrike killed a prominent Iranian general. After Iran retaliated with missile strikes on US bases in Iraq, gold briefly pushed about $1,600 per ounce — an eight-year high.
Peter Schiff appeared on RT Boom Bust along with Bubba Horwitz on Monday to talk about the current geopolitical situation and its potential impact on the economy. He said tensions in the Middle East are increasing the risk premium, but there is a more fundamental reason gold is going up — Federal Reserve monetary policy. He also noted that the risks to the US aren't so much military as economic. The US depends on foreigners buying dollars. Peter emphasized that gold is the best hedge in the current climate.

North American funds led regional inflows in 2019, adding 206t (US$10.1bn, 14.4% AUM) as growing geopolitical tensions and the first Federal Reserve rate cuts in a decade fuelled market uncertainty.

As you probably know, Iran launched missiles at US Bases in Iraq last night. And investors reacted by rushing into gold.The gold price touched a 7-year high, passing $1,610 an ounce.And it’s likely not over...The US is sure to respond to this attack. And should the situation escalate, possibly tipping into a conflict or war, demand for gold could increase even more.

We're told that this is the greatest economy in history. Stock markets are surging. Unemployment is low. And yet despite the good times, a shocking number of Americans live paycheck to paycheck.
Several surveys cited by MarketWatch reveal the precarious financial situation many Americans find themselves in. This is less than ideal in an economy dependent on consumer spending.

The decline in factory employment expectations is a worrying development if it persists.

Last year topped 2008, when the U.S. was embroiled in the financial crisis.

According to several analysts and Iran experts, anybody who thinks this is the end of it is being tragically naive.

Bank of England Governor Mark Carney said central banks might not be able to fight off a sharp economic downturn because they have used up much of their usual monetary policy arsenal