Precious metals news

The fiscal health of the U.S. is projected to deteriorate as the aging of the population pushes up spending on Social Security and Medicare,...

As central banks like the US Federal Reserve try to counter a sagging global economy (and preserve asset bubbles), strange things begin to happen. Like the US 2-year swap spread going negative for …

Since it’s not (ever) what Jay Powell says, we are left with a much shorter list of suspects. At the top of my list, a collateral chain implosion and therefore the very real potential for a global bottleneck in repo.

Four facts showing a gold standard with a gold price of $4200 are coming into view. Jim explains... 

Federal Reserve Chairman Jerome Powell said that the downside risks to the U.S. economy have increased recently, reinforcing the case among policy makers for somewhat lower interest rates.

“Just sitting here today, I think 50 basis points would be overdone,” Bullard said in an interview with Bloomberg Television...

Powell stressed the central bank's independence in a speech Tuesday that comes amid continuous pressure from the White House to cut interest rates.

With the ratio currently around 90, David's insight couldn't be more timely...

The most expensive home on the market in the US just got significantly less expensive. The Los Angeles property dubbed Chartwell had a cool $50 million chopped from its asking price on Monday, taki…

The Fed Fears Rising Market Interest Rates

Iranian officials said the path to diplomacy between the two nations is permanently closed after Mr. Trump's new round of sanctions Monday.

"the solution is not just to buy gold, silver, & miners. In fact, you could lose a lot buying and holding them over the next year if you aren't careful..."

We suspect we could even see a retest of the $1921 record high,” David Sneddon, global head of technical analysis at Credit Suisse

Investors who adjusted their portfolios for a high-rate environment must readjust. That means leaning into growth stocks again, scouring Asia for opportunities, and earning income from investments that won’t succumb to the low-rate trend.

The U.S. & partners from 19 countries are getting set to kick off a series of war drills in Ukraine amid rising threats from Iran & Russia.

Russian warship arrives to the port of Havana on Monday - as Moscow warns that the world is on the brink of a repeat of the Cuban missile crisis...

Consumer confidence is on the decline. June’s results missed consensus expectations for a reading of 131.0, according to Bloomberg-compiled data...

You may have heard that you can’t purchase more than $10,000 worth of gold without it being reported to the IRS.
This is a myth.
You can avoid IRS reporting requirements, even on large-scale purchases. You just have to know the rules. Our revised Guide to Tax-Free Gold and Silver Buying provides the information you need to navigate the complex world of IRS reporting. You’ll learn:

Home price appreciation in the 20 largest US cities has slowed for 13 straight months, with Case-Shiller reporting that April's (the latest data) home price growth was just 2.5% YoY - the weakest since August 2012.

Peter Schmidt has written extensively about the "Confederacy of Dunces" that helped bring about the financial collapse of 2008 and their "fatal conceit." By fatal conceit, he means the arrogant belief that because of their superior intellect and education, they have the wherewithal to micromanage the economy.
One of the members of Schmidt's "confederacy of dunces" is Lawrence Summers. He served as a senior Treasury Department official during the Clinton Administration and was at the center of enormous and easily discernible blunders in judgment that directly led to the crisis. But he has never taken ownership for the role he played and he continues to pontificate about economic issues.
In the following article, Schmidt uses Summers recent comments about one of Pres. Trump's potential Federal Reserve Board nominees to highlight the fatal conceit of central planners.