Precious metals news

Senior Federal Reserve officials are still divided on inflation and what the appropriate US monetary policy should be.

The International Monetary Fund says monetary policy in the euro area should remain accommodative until inflation converges with target.

A new IMF paper said the two most common forms of money today, cash and bank deposits, will "face tough competition and could even be surpassed."

40% of Americans say they still struggle to pay bills. Despite the longest U.S. economic expansion on record, many sit on the edge of financial disaster.

More than 4,000 people have already had the sci-fi-like chips, about the size of a grain of rice, inserted into their hands — with the pioneers predicting millions will soon join them as they hope to take it global.

Last week, Independent Strategy head David Roche said gold could hit $2,000 by the end of the year. And Rosche isn't the only big name in the investment world who sees a shiny future for the yellow metal. Mark Mobius recently said he thinks gold could push above $1,500 as central banks move interest rates lower, engage in more QE, and as geopolitical uncertainty continues to ramp up.
"I love gold," Mobius said.
He also offered a bit of investment advice, saying gold should make up at least 10% of every investment portfolio — something Peter Schiff has been advising for a long time.

Gold steadied on Monday after data showed Chinese economic growth slowed to its weakest in about 27 years, while gains in equities curbed appetite for bullion as investors latched onto some positive readings from the world's second-biggest economy.

Bitcoin slumped more than 10% over the weekend to a two-week low as fears of a crackdown of cryptocurrencies grew on mounting scrutiny of Facebook’s planned Libra digital coin.

A full-blown currency war where major central banks and governments, including the U.S., deliberately weaken their currencies can no longer be ruled out,

China's economic growth has slumped to its lowest level in nearly three decades as the world's second largest economy feels the effects of a prolonged trade war with the United States.

This could be an ominous sign that the global economy is headed for trouble...

On July 10, the GDPNow model nowcast of real GDP growth in Q22019 is 1.4%. View GDPNow for more details

Changes in House Prices, Rents, and Incomes since 1960 by Region & Metro...

It’s just a matter of time before investors wake up and realize... today’s high prices are a fantasy. When that happens, expect to see a commercial real estate crash like 2008 or even worse...

Nearly half of all Americans have less than $10,000 saved for retirement, according to a new report.

The Secure Act would upend 20 years of retirement planning and stick it to the middle class.

The share price of both Microsoft and Visa spiked in the final 15 minutes of trading yesterday on unusually heavy volume compared to the rest of the day.

Fed Powell & ECB's Draghi stand ready with other counterparts to cut interest rates to bolster the weakest growth in a decade & lackluster inflation.

The National Taxpayer Advocate released the convoluted map to draw attention to a frustrating system.

I do expect a pop within days, followed by a drop over the next month or two...