Precious metals news

The U.S. Department of Defense is considering a U.S. military request to send about 5,000 additional troops to the Middle East amid increasing tensions with Iran

The breadth divergence we have witnessed in the stock market over the past year is among the most significant we have ever seen in its history.

Total U.S. household debt is now $993 billion higher than the peak of $12.68 trillion in the third quarter of 2008, according to a new report by the New York Fed.

Why the three central banks here considered don’t update their consistently inaccurate “junk models” remains a puzzle.

A dovish Fed added a timeline, saying it will be "patient" for "some time" but offset that with confirmation that it believes the inflation dip is "transitory"...

Rick Rule turned up this week in some loathsome demagoguery, and Chris Powell breaks down two problems with it...

The high end real-estate market is under pressure, with an oversupply of high-priced homes and falling sales. Among the hardest hit are homes built on speculation. CNBC's Robert Frank reports on one mansion builder in L.A. who is facing some tough decisions.

The Fed’s monetary policies (ZIRP and QEs), mortgage purchase applications never fully recovered.

The Counter-cycle Of The Treasury Curve And Volatility From Great Recession (2008) To Late-Expansion (2019.

The last few trading days in gold were quite interesting, but overall gold has been a quite boring market. Here's what this means for investors...

Central bankers won’t wait this time until the economy is already in a recession to ease monetary policy.

Mnuchin, testifying Wednesday before the House Financial Services Committee, said he’s confident lawmakers will raise the debt ceiling before the deadline.

Disinflationary forces are dominant now, but policy makers and investors should not rule out a return of inflation over time, writes Mohamed A. El-Erian.

...a senior U.N. security expert said on Tuesday, calling it an “urgent” issue that the world should take more seriously.

Texas continues to take steps to make the state more friendly to gold and silver.
Earlier this week, the Texas Senate gave final approval to a pair of bills that that would exempt precious metals stored in the Texas Bullion Depository from certain taxes. By repealing taxes on gold and silver, the state will treat them more like money instead of commodities.

Subdued inflation despite massive monetary stimulus in developed nations has been an enigma since the global financial crisis more than a decade ago.

In a recent article, Peter Schiff called the ongoing trade war Pres. Trump's last stand, saying, "it looks to me that Donald Trump ... is charging into an economic version of the Little Bighorn." Proponents of the trade war argue that we need to give Trump's strategy time to work. They say the tariffs will force the Chinese to bend, and in the end, America will find itself in a much better economic position than it was before.
We can debate whether Trump's tariffs are a brilliant negotiating tool or an economic disaster, but we shouldn't ignore the fact that they are causing significant pain. And not just for the Chinese. Ultimately, American consumers are paying the price.

”On gold, Nenner says, “We are looking for a long term bull market for a couple of years to come, maybe until 2024. The price is going much higher.”

A central bank board member said on Wednesday, noting more monetary stimulus would be needed if a slowdown hampered the bank’s efforts to boost prices.

Central banks across Asia are moving to defend their currencies from recent declines as escalating trade tensions between the U.S. and China weigh down exports and economic growth.