Precious metals news

Recent protests in Hong Kong, along with the resulting fall out from international corporations questioned for their relationships with mainland China, has placed a renewed focus on the authoritarianism of the Chinese Communist Party.

Well, they’ve done it again. By “they” I of course mean the US Federal Reserve and all the other central banks combined. Synchronized global easing it is called and the once again…

The precious metals sector remains in a correction, and Gold could test $1390...

For a dozen plus years, the Census has incorrectly believed and projected that total US births were on the cusp of an upturn. The chart below shows actual total births and Census projections since '00...

"The Dollar Enjoyed Great Trust Around The World. But For Some Reason It Is Being Used As A Political Weapon, Imposing Restrictions. Many Countries Are Now Turning Away From The Dollar As A Reserve Currency. US Dollar Will Collapse Soon."

"At the President's invitation, Chair Powell met with the President and the Treasury Secretary Monday morning at the White House to discuss the economy, growth, employment and inflation."

"At the President's invitation, Chair Powell met with the President and the Treasury Secretary Monday morning at the White House to discuss the economy, growth, employment and inflation."

US Industrial Productions continues to more and more resemble the worst of the Euro$ #3, that “manufacturing recession” of four years ago. Back at the end of 2014 and lasting well into 2016, IP was led lower by the oil crash among other problems. They called it a supply glut but we all

Last month, the Fed began snatching up short-term Treasury debt to the tune of $60 billion per month in response to the repo mess that sent a chill through...

The status of the dollar as a key currency and the ultimate reserve asset depends on the Federal Reserve's ability to safeguard its real purchasing power.

hint on Monday called on the U.S. military to stop flexing its muscles in the South China Sea and to avoid adding “new uncertainties” over Taiwan...

China has pushed for a removal of the existing duties as part of the "phase one" deal, but Trump said he had not approved.

.China’s central bank said it will “increase counter-cyclical adjustment” to ward off downward pressure on the economy, while staying vigilant on the...

Investors are becoming jittery. The spread between Italian benchmark government bonds and German Bunds, which had narrowed sharply after the government was formed...

... even as we head towards one of several possible socio-economic cliff edges (deflationary slump/inflationary spiral/MMT) in air-conditioned central-bank comfort.

SD Outlook: It would appear everything around the globe is awesome again, although that appearance is dead wrong...

The Dow pushed above 28,000 on Friday. The Nasdaq also closed on a record high above 8,500, and the S&P 500 made a new record high of 3,120. This despite some more gloomy economic data that came out during the day. Industrial production dropped more than expected, falling by 0.8 in October. Inventory numbers were also revised down. All of this led the Atlanta Fed to revise its Q4 GDP estimate down to 0.3.
In his most recent podcast, Peter Schiff said that it's QE and Federal Reserve policy that is driving the stock market, not a great economy. In fact, the Fed is creating all kinds of bubbles. And like all bubbles, they will eventually pop.

The SPDR Gold Shares Fund (GLD) just turned 15. George Milling-Stanley, chief gold strategist at State Street Global Advisors' SPDR ETFs, gives investors a sense of what's next for the precious metal.

Like all recessions, the financial crisis came with a drop in earnings. Unlike most recessions, the crisis was highlighted by a collapse in the housing market, which forced financial institutions to write down billions of dollars on housing-exposed instruments like mortgage-backed securities.

Jerome Powell lectured Congress about the national debt last week, calling it unsustainable. The Federal Reserve chairman is concerned. He admitted that with interest rates already close to zero, the central bank has very little room to cut rates in the event of an economic downturn. Peter Schiff appeared on the Claman Countdown, along with Milken Institute economist Bill Lee to talk about Powell's comments.
Peter said that while Powell is lecturing Congress, it's really the Fed's fault.