Precious metals news

The Big Flaw in Ph.D-conomics: Faith in the power of prediction is at the core of modern economic policy. Too bad no one can consistently make accurate forecasts.

A spectre of anaemic growth is haunting Europe.

The dangers are about credibility – what does the increasing politicisation of Central Banking mean for markets as their credentials are increasingly strained?

The U.S. Federal Reserve is poised to put interest rates on a new, downward trajectory in its efforts to support an increasingly fragile economy.

SD Outlook: Maintain focus as the anti-gold & silver propaganda begins, some of it coming from alternative-media "gold advocates" themselves...

SNB President is facing a new wall of pressure that could force him to push the world’s lowest central bank interest rate even lower.

The Fed meets on July 31 to make an interest rate policy decision. What should the Fed do?

Central banks around the world are once again being pushed to the brink of opening the monetary floodgates.

Sterling fell nearly half a percent on Monday with the outlook turning bleak as traders increased their bets on a no-deal Brexit before the result of the Conservative party’s leadership election.

The euro area is in a funk: Trade performance has faltered, industrial production is stumbling and factory orders are falling. The risk is that things get worse...

Venezuela's economy is in chaos. It’s gotten so bad that a year ago, video game money was worth seven times more than the Venezuelan bolivar. Meanwhile, the Venezuelan people have suffered horrible food shortages. Many people in Venezuela have turned to barter just to survive.
Not so long ago, left-leaning publications in the US were touting Venezuela as a socialist success story. Today, any attempt to point to Venezuela as socialist disaster will be met with the refrain, "That's not real socialism!"
Apologists for socialism also blame the collapse of the Venezuelan economy on US sanctions. But as Jon Aldekoa explained in an article published on the Mises Wire and UFM Market Trends, actual data reveals it was indeed real socialism that wrecked Venezuela.

American households lost roughly $16 trillion in net worth during the Great Recession.
Could it happen again?
Yes. In fact, we think it almost certainly will.

In a series of tweets, Trump combines his criticisms of the central bank's "misguided" policy with accusations that other countries are manipulating their currencies...

Markets are engaged in a clear battle for control: An active Fed eager to extend the business cycle using asset price inflation as its primary means to generate further debt financed growth on the …

...still concerned that stocks are overvalued. With stocks priced for perfection, he thinks investors are largely ignoring a key risk today to their rosy outlook—inflation.

Sentiment expressed in public communications by the biggest American companies slumped in June to the lowest level in at least a year, driven by negative mentions of economic growth and international relations...

Draghi is entering the final three months of his ECB presidency with a plan that will see his influence linger well after he’s replaced by Christine Lagarde.The ECB chief will this week lead a policy meeting that’s widely expected to set the stage for a September

it looks like a period of consolidation & reaction is likely before further significant gold price gains are made...

UK's biggest supermarket, which has persistently vowed to cut prices raised the price on swathes of staples, including bananas, cheese, pasta and jam.

Fed of Boston Bank President Rosengren said the country’s last painful bout with high inflation was caused by White House meddling with monetary policy, a not-so-subtle warning about risks faced by the Fed amid pressure from President Donald Trump.“The framework the Fed