Precious metals news

As it moves policy rates into unchartered territory, with uncertainty about the impact of more deeply negative rates on banks and the transmission mechanism, it may well decide to move in smaller steps.

Amid deflationary data, pressure builds for interventionist moves by the BOJ – but options are limited

Having destroyed discipline, central banks have no way out of the corner they've painted us int

There has been a lot of focus on the recent gold rally. It has even caught the attention of the mainstream. But silver has also been quietly running upward. In fact, the white metal has outperformed gold this month. While the yellow metal has gained about 8% on the month, silver is up 11%.
Yesterday (Aug. 27) gold was up $16 per ounce and closed at $1,542.50. It was the highest close in six years. But it was an even bigger day for silver. The white metal was up 53 cents and closed at $18.17.  Peter Schiff has been pounding the table on silver in recent weeks, and he talked about the big silver rally in his latest podcast.

One day Trump is on Twitter ratcheting up the trade war with China and the next he is pulling back and saying a deal is close. This back-and-forth has been yo-yoing markets for months. Peter Schiff recently appeared on RT Boom Bust to talk about the trade war. He said he doesn't think there's much substance to promises of a big trade war win. And even if the trade war is resolved, it's not going to fix the fundamental problems underlying the US economy.

Citigroup has raised the possibility gold may extend its impressive rally should it breach a technical level against a major U.S. equity market benchmark, adding to positive commentary around the metal.

A forgery crisis is quietly roiling the world's gold industry.

Following the Austrian Business Cycle Theory (ABCT), the boom-bust cycle emerges in response to a deviation in the market interest rate from the natural interest rate, or the equilibrium interest rate.

UBS recommends sustainable dividend stocks and gold.

There's a case to be made for a 27% plunge in the S&P 500 if global central banks are unable to prevent a recession, says widely followed strategist Sven Henrich.

The big dollar is rising to the top of the pile again and threatening major resistance. A breakthrough in broad measures of the USD to new highs would increase the general focus on currencies and weaken global risk sentiment anew.

The Reserve Bank of India's decision to transfer $24.6 billion to the government may not spur new stimulus measures, experts say.

The controversial move would cut the time MPs have to pass any laws that could stop a no-deal Brexit.

Alibaba, Tencent, Five Others To Receive First Chinese Government Cryptocurrency.

We see increasing evidence that monetary policy easing in this environment supports asset prices more than the real economy. This increases risks for asset prices bubbles, with the eventual adjustment leading to a worse economy-the Greenspan mistake.

Worries over the possibility of recession, sending investors towards perceived safe-haven assets from gold to yen.

Gold continued to come off, but found support at prior resistance at $1535. However, as we’ve seen time and again, bargain hunting buying emerged to lift the market back to $1537-38.

We are looking at another move higher in gold, but general investors haven't started buying...

The price action on the monthly chart developed as predicted in the previous analyses...

Experts & analysts who keep calling a top in gold have been wrong, and they will keep being wrong in the months ahead. Here's why...