Precious metals news

We believe the global economy is about to enter a low-growth “window of weakness,” a period we expect to persist into 2020.

It is vital, not only for investors but the public-at-large, to understand the tremendous harm already caused by buybacks and the potential for further harm down the road..."

Continued reliance on European Central Bank President Mario Draghi’s weapons will probably succeed in keeping quasi-insolvent states and banks afloat. But it will do so only at the expense of deeper stagnation and uglier political tensions.

Welcome remarks by Mario Draghi, President of the ECB and Chair of the European Systemic Risk Board, at the fourth annual conference of the ESRB

The Fed's asset purchases likely will total $315 billion over the next six months as it seeks to stabilize overnight funding markets and contain the movements of its target interest rate, according to projections from Morgan Stanley.

Holdings in gold exchange-traded funds tracked by Bloomberg “were topped up by over 22 tons – their biggest daily inflow in three months,” “For the first time since February 2013, ETF holdings are thus above 2,500 tons again.”

During a recent podcast, Peter Schiff talked about the student loan debacle.
In a nutshell, it's the government's fault.
Democratic presidential candidates have been talking about the student loan crisis. And it is indeed a crisis. The total of the outstanding student loans in the US has more than doubled since 2009 when it was $675 million. The rate of delinquency on student loan debt pushed up to 9.5% in the first quarter of 2019, even as total student loan debt climbed to $1.49 trillion. Currently American owe more than $1.5 trillion in student loan debt. That's more than their outstanding credit card balances.

The U.S. Treasury printed another $243 billion worth of paper money in 2018, with the majority being issued as $100 Federal Reserve Notes.

This report takes stock of recent developments in official sector gold demand and examines the state of the international reserve currency system.

Pain from the sell-off at the end of last year is still fresh in the minds of European stock traders, making them especially nervous about the latest string of bad omens.

The euro US dollar exchange rate dropped to a low of US$1.0947 on Wednesday. The pair ended the session not far above this and also not far from the multi-year low set in September of US$1.0926. Th…

No major surprises in today's final Q2 GDP revision.

China's central bank drained 100 billion yuan (about 14.1 billion U.S. dollars) from the financial system on Thursday, with more reverse repos maturing than conducted...

The dollar shortage is far, far worse than anyone expected, and nobody knows why.

A record pace of defaults hit China’s domestic bonds this year. In 2020, it could be the offshore market’s turn.That’s because of a looming wall of dollar debt, issued by now-stressed borrowers, that comes to maturity.

Fuelling expectations the authorities will have to roll out more stimulus measures to avert a sharper slowdown.

The fury of the Brexit ‘inferno’ is so intense that it could tip the United Kingdom towards violence unless politicians tone down their rhetoric, the husband of a lawmaker murdered a week before the 2016 EU referendum said on Thursday.

Shows that the Fed Needs a More Resilient Monetary Policy Framework.

The fiscal year budget deficit surged passed $1 trillion last month. Spending deficits necessarily mean more government borrowing and we're seeing that in the numbers as well. Uncle Sam's outstanding public debt grew by $450 billion in August alone.
The national debt stood at $22.o2 trillion on Aug. 1 and surged to $22.47 trillion as of Aug. 27.

The Fed should consider increasing its balance sheet by $250 billion over the next two quarters through outright purchases of Treasury securities to help diminish the risk of future money market turmoil, two former U.S. central bank officials said.I