GooGold Search
Precious metals are apparently waking up. And here is where you can find the best deals.

Site:

Precious metals news

    Signs of Recession Are Hitting Europe
Aug 1, 2019 - 04:53:09 PDT
One wonders whether someone with Christine Lagarde’s comparatively limited economic and financial expertise has the ability to confront these challenges with the same aplomb her predecessor.
If the ECB now wants to go even further, Europe’s economic system could become weaker and less sustainable.
Forward-looking indicators in the survey suggest the sector won’t rebound any time soon and will likely embolden policymakers at the European Central Bank...
The Bank of England (BOE) left interest rates unchanged on Thursday, amid an intensifying risk of a no-deal departure from the European Union.
(Bloomberg) -- Brazil’s central bank on Wednesday delivered its strongest message yet that it’s poised to pump more stimulus into an ailing economy after lowering its key rate by a half percentage point.The bank’s board, led by its President Roberto Campos Neto, cut the benchmark Selic to a record low
Gold is trading at levels it has not seen in years and could be on its way to reaching all-time highs...
The world famous and incredibly successful hedge fund manager is warning people to get into gold. Is he right?
“As usual, Powell let us down, but at least he is ending quantitative tightening, which shouldn’t have started in the first place - no inflation,” Trump wrote in a post on Twitter. “We are winning anyway, but I am certainly not getting much help from the Federal Reserve!”
    Gold Traders’ Report - August 1, 2019
Jul 31, 2019 - 13:44:55 PDT
Last night, gold softened further in a range of $1402 - $1415, against a recovery in US equity futures (S&P futures +7 to 2989), a bounce in the US 10-year bond yield (2.025% - 2.058%), and a further rally in the US dollar...
    Gold Traders’ Report - July 31, 2019
Jul 31, 2019 - 13:04:26 PDT
The gold market was fairly steady last night with other financial markets, awaiting the much anticipated FOMC announcement on rates later today. It traded either side of unchanged in a relatively narrow range of $1427.75 - $1433.
    The Most Splendid Housing Bubbles in America
Jul 31, 2019 - 12:58:20 PDT
Seattle House prices fall year-over-year, as do New York & San Francisco Bay Area condo prices. Los Angeles, San Diego tick up. Denver, Boston hit highs. Las Vegas, Miami, Phoenix aspire to the…
The Annual Growth Of Potential Home Buyers Is Decelerating To Near Zero And Will Remain There For The Next Decade.
Additionally, the Fed ends the normalization of the balance sheet two months ahead of schedule.
As per usual, gold & silver are immediately sold into the release of the statement...
    The Fed Has Lost It
Jul 31, 2019 - 11:32:04 PDT
Today’s announcement to lower interest rates by 25 basis points (0.25%) confirms the Federal Reserve is a political animal… ruled by populist whims and not sound monetary logic.It should come as no surprise to GoldSilver.com readers. We pointed out Fed Chairman Jerome Powell caved long ago.And that the US, one the last places in the world with positive interest rates, would move towards currency devaluation.
After two days of meetings and pressure from President Trump to lower interest rates, Fed Chair Jerome Powell will hold a press conference to announce the Fed's decision to cut the rate by a quarter percentage point.
the policymaking Federal Open Market Committee dropped the target range for its overnight lending rate to 2% to 2.25%, or 25 basis points from the previous level.
    The Fed's Massive Debt-For-Equity Swap
Jul 31, 2019 - 10:56:28 PDT
This gross distortion and many others throughout the market offer clues and compelling evidence of a “cause.” Collectively, they point to a monetary policy that is manipulating the price of money and fostering irrational behaviors.
Everyone should be keeping their eyes on the euro. Here's why...
The U.S. Treasury Department announced plans to maintain record debt sales as Republicans and Democrats continue a spending frenzy that’s widening the deficit even as economic growth remains solid.