Precious metals news

This is the 14th month in a row of annual declines - the longest stretch since the housing crisis over a decade ago...but that's probably nothing!!

Did last week's action on the COMEX finally flush-out the bearish imbalance? Here's John Rubino with the answer to that and more...

Don't worry. Nothing to see here!
That was pretty much the message Federal Reserve Chairman Jerome Powell delivered in a speech he gave at the Atlanta Federal Reserve bank conference on May 20.
Powell talked about the high levels of corporate debt. In fact, corporate leverage is at a record level of around 35% of corporate assets. But the Fed chair said it's not really too big a cause for concern.

 A major top has occurred in the S&P 500, it's falling in the initial stages, and we need to be on guard for a VERY SHARP DROP. Here are the […]

If you thought the Federal Reserve was done with quantitative easing, you might only be half right.

While half of Americans view socialism as a bad thing for the country, 43% say it would be a good thing, a much smaller gap than when last measured in 1942.

In China’s financial system, the bigger the role of the state, the cheaper the funding costs. As a rule. But in one corner of the country’s $13 trillion bond market, something different has happened.

Central banks haven’t been able to wean their economies off them. Increasingly, they appear to be a permanent feature of the landscape.

General George Custer met his doom charging into a battle he thought he could win, against an opponent he did not understand. Based on his views about the fast-emerging trade war with China, it looks to me that Donald Trump, another blonde with a very high opinion of himself, is charging into an economic version of the Little Bighorn.
By mistaking the real nature of international trade, the costs of tariffs, the effects of currency movements, and the supposed ease with which the United States could quickly re-establish itself as a low-cost manufacturer, Trump risks shredding the safety nets that have undergirded the US economy for decades and plunging us into a war we are ill-equipped to fight.

Some comparisons between rising corporate debt and subprime mortgage crisis, however, are ‘not fully convincing’

Some of these steps have raised concern that the government is taking on a larger role in managing the market and inching closer to capital controls.

The ineffectiveness of extreme monetary policy experiment, Nothing has changed. Nothing had changed.

The governor of the National Bank of Romania has lived through hyperinflation and his country being on the brink of bankruptcy to the global financial crisis of 2008.

A pilot program that will use an autonomous tractor trailer to deliver mail between distribution centers in Phoenix, Arizona and Dallas, Texas.

As the currency dropped around 2% this month toward 1,200 against the dollar, the Ministry of Finance and the Bank of Korea have jawboned the market on at least eight occasions.

Here comes QE on steroids. Join Mike Maloney as he explains the Fed's latest plan to manipulate and distort the markets, and what the results are likely to be.

Last week was a busy week in the markets, gold and silver, but TraderStef has all the fundamental & technical details covered to bring us up to speed...

Just wait until you see the gold price the US would need to back the US dollar (spoiler alert: A $10,000 gold price is TOO LOW)...

Is the price of gold manipulated? If so, who is manipulating it, and why? Jim Rickards, Rick Rule and others weigh-in on THE question...

Gold edged lower last night, trading in a narrow range of $1273.75 - $1278.75. The yellow metal ticked up to its high during early Asian hours against a slight decline in the US dollar (DX from 98.04 – 97.94)...