Precious metals news

A MAJOR breakdown in the dollar is in progress...

Manufacturing Slowdown Spreads To Services...

Central banks no longer trust fiat currencies, and the same trend from 2018 has carried over into 2019. Lior explains...

The ECB may no longer be the strong reliable institution they have learnt to respect.

Some economists are touting Elizabeth Warren's wealth tax as a solution to our budget woes. Closer examination reveals that their revenue projections are wildly exaggerated.

SD Midweek Update: So the Fed will get fixed by a gold standard gal? Not by Judy Shelton, not that the Fed can be fixed anyway... 

If I mention a "green metal" you might think of copper due to its propensity to turn green as it oxidizes. But as it turns out, silver is a "green metal" as well - green as in environmentally friendly. In fact, silver is playing an increasingly large role in efforts to protect the environment.
As you probably know, silver is an important component in the solar energy industry. Now scientists have discovered that silver works better than copper as a catalyst to transform greenhouse gas. This story was highlighted among other technological innovations using silver in the latest edition of the Silver Institute's Silver News.

Trump Fed Nominee Judy Shelton Says "Yes" to 0% Interest Rates and "Yes" to Gold

Gold dropped well below $1,400 on Monday. Mainstream analysts said sell-off was because hope for a resolution in the trade war interjected some optimism into the markets, pumped up risk sentiment and put a damper on safe-haven buying. But that optimism apparently faded fast. On Tuesday, gold began to rally again and pushed back above $1,400.
The fact is economic realities don't support optimism.
In his latest podcast, Peter Schiff said he sees a lot of days with big moves up for gold in the future because the yellow metal has a lot of catching up to do.

Notably the May deficit with Mexico widened to $9.6b, the highest on record, and Chinese imports and exports both surged, potentially reflecting companies rushing shipments ahead of Trump’s latest increase in levies announced in May.

Small Business Continue Shedding Jobs...

Prospective Federal Reserve Board Nominee Judy Shelton CNBC's Rick Santelli discuss interest rates, excess reserves, growth and inflation.

IMF Managing Director Christine Lagarde has won the support of European leaders to become the next leader of the European Central Bank.

Lawmakers say they need more information about Libra, and how it should be overseen

following the news that Shelton is being nominated to the Fed board, gold spiked $10 from $1,425 to $1,435 in minutes, as Trump's push for ZIRP (and soon after, NIRP) just took on an added urgency.

Gold remained nervous and choppy last night, trading in a range of $1413 – 1438. It spiked higher during early Asian hours to its $1438, high breaking through resistance at $1425 (6/24 and 6/28 highs, options strike) where resistance in front of $1439...

Will investors turn to gold as a safe haven when the stock market turns down? Keith Weiner explores that and a whole lot more in this week's update...

Passive funds have just started their influx of capital into the gold sector, so pay attention. This has massive implications...

Bill says the failure of the cartel this week is unprecedented, and if the cartel can't contain gold's price by Friday, then...

Gold recovered last night from its $25 selloff yesterday, rising in a range $1384 - $1394.45. It was lifted by a decline in global bond yields (US 10-year from 2.029% - 2.008%, German 10-year to -0.367%, record low...