Precious metals news

Christine Lagarde will take over the reins of the European Central Bank in November. The financial markets seem to love the pick. We should take that as a warning sign.
We focus most of our attention on the Federal Reserve. But other central banks around the world also contribute to global financial instability. For instance, the European Central Bank has injected trillions of euros into the EU economy with more than a decade of quantitative easing and interest rates below zero. And like Federal Reserve policy, all of this monetary stimulus has blown up giant asset bubbles.

At least one mainstream news outlet has come clean about its hostility to gold. Here are the details...

Gold was fairly steady last night, trading either side of unchanged in a range of $1422.30 - $1429.90. It slipped to its $1422.30 low during early Asian hours, where support in front of $1421...

I would consider each pullback such as this a buying opportunity, though, because I believe the best is yet to come for the metal.

About 40 million Americans had a credit card declined in the past year, according to a new report from CompareCards.com which looks at

Jim says the transition has begun, and gold is the kill shot. Here's more...

“Gentlemen… the National Debt… is paid.” That sentence has been uttered in Washington DC exactly one time ever, by a Senator announcing that the US government was officially debt free.

A looming retirement crisis is facing the U.S. taxpayer that will become an economic tsunami if Congress doesn’t act.

Most on Wall Street expect the Federal Reserve to cut the federal funds rate by 25 or 50 basis points on July 31.This isn't a wise move.

We all hate gold triangle formations that just keep grinding on, and on, and on…until they break to the UPSIDE!

"...markets aren’t here because of a fantastic global economy, rather courtesy of share buybacks and quantitative easing. Which we are getting more, not less, of. "

This is the fantasy: we can rebuild our entire global industrial society every generation or two forever.

Cautions that ‘odds of another economic downturn are high’...

Central banks around the world are poised to unleash the most synchronized monetary stimulus since the financial crisis one decade ago.

Judy Shelton, Trump's intended Fed nominee, is calling for a large interest rate cut. She says it should have happened in June.

As the silver price continues to break out of its lows, two of the top primary mining companies are experiencing major production declines in the first half of the year.

Analysts said widening of positions by traders in sync with a firm trend overseas for precious metals mainly influenced silver prices here.

The gold price has risen 23% since last August and, guess what, it’s the talk of the markets right now.

Gold and gold mining stocks are on the rise and should continue to rally as interest rates fall...

“If the economy falls into a recession, Japan would resort to a large-scale fiscal stimulus with the Bank of Japan effectively financing debt through its yield curve control,”...