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Precious metals news

    The Big Short(age of good news)
Oct 18, 2019 - 05:10:28 PDT
Yesterday, the International Monetary Fund released their updated World Economic Outlook. And, if investors were looking for any seeds of optimism,...
    The Relevance of Gold as a Strategic Asset in Japan
Oct 18, 2019 - 05:06:19 PDT
Our analysis shows that adding 2.5%, 7.5% or 10% in gold over the past decade to the average Japanese pension portfolio would have resulted in higher risk-adjusted returns.
    Uzbekistan Enters Top 20 Largest Gold Holders
Oct 18, 2019 - 04:59:34 PDT
According to the World Gold Council, Uzbekistan has entered the top 20 largest gold holders in September 2019, the local media reported.
It's the lowest one since the Great Financial Crisis. Is the much talked about recession coming?
When faith & confidence are lost in the dollar, there will not be many places people can go to convert their rapidly devaluing currency into something real...
    Gold Edges up as Geopolitics Take Control of Trade
Oct 17, 2019 - 13:02:30 PDT
Investors managed to push gold higher Thursday instead of completely embracing risk, as doubts remained about whether the U.K. will get parliament ratification for its Brexit deal, but Turkey agreed to a ceasefire in Syria.
Peter Grosskopf, Sprott Inc. chief executive officer, discusses the outlook for gold and the economy with Bloomberg's Shery Ahn and Amanda Lang on "Bloomberg Markets."
    Why Global Investors Want Access to China's Gold Market
Oct 17, 2019 - 12:54:00 PDT
The Shanghai Gold Exchange has become the world's largest physical gold exchange less than 20 years after launching.
The hedge fund titan believes it is too late for central banks to reverse a global slowdown..
    Why The Measure Of "Savings" Is Entirely Wrong
Oct 17, 2019 - 11:13:51 PDT
The problem today is not that people are not “saving more money,” they are just spending less as weak wage growth, an inability to access additional leverage, and a need to maintain debt service restricts spending...
Japan remained the biggest foreign owner of U.S. Treasuries in August as China’s holdings continued to drop.
After a bleak first half for corporate earnings in China, the current reporting season is bringing more grim news.About 44% of more than 1,200 firms that have given profit guidance for the third quarter predicted worse earnings than from a year earlier,...
    America 2020 Through 2040...The Era Of The 80+ Year-Old
Oct 17, 2019 - 10:58:11 PDT
The implication for future employment is a drastic 70% deceleration of potential employment growth over the next two decades.
    California Is in Big Trouble Again
Oct 17, 2019 - 10:56:36 PDT
Ten to 15 years ago, pundits liked to speculate that California was on the verge of becoming a failed state.
A textbook in my Master of Psychology program theorized that most things in life come down to core drives—food, shelter, sex, etc. Throw in Freud’s pain and pleasure principals and this is supposedly what drives everything we do. We had a good time poking fun of simplistic theories as to what motivates people. Human emotions and motivations are complex. Except when it comes to money.
A recession could theoretically prompt the Fed to eventually send rates into negative territory.
Ex-Credit Suisse banker Andrew Pearse told a Brooklyn, New York jury Wednesday he hid $45 million in bribes for helping Mozambican businesses secure $2 bi...
    Federal Debt Up $1.2 Trillion in FY 2019
Oct 17, 2019 - 07:55:57 PDT
The federal debt increased by $1,203,343,570,253.55 in fiscal 2019, according to data released by the U.S. Treasury Department. Borrowed $9,432 Per U.S. Household
Brett uncertainty, weak U.S. economic data support haven buying...
"In case the people in this room didn't know, the financial crisis of 2008, which I had been forecasting for some time, and the Great Recession that ensued, was caused predominantly by the Federal Reserve."
This was the opening line of Peter Schiff's talk at the Las Vegas MoneyShow.
The Fed managed to "rescue" the economy after the financial crisis, but in the process, it created an even bigger bubble than the one that popped in '08. This bubble is about to burst and the Fed will try to repeat the process. The difference is this time it won't work, as Peter explains.