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Precious metals news

    Recalling 2010 - Craig Hemke
May 15, 2019
"The year 2010 was terrific for both COMEX gold and silver, but if you got impatient or allowed yourself to be filled with self-doubt..."
    Gold Traders’ Report - May 15, 2019
May 15, 2019 - 13:07:43 PDT
Gold was a little choppy last night, trading either side of unchanged in a range of $1293 - $1299.30. It slipped to its $1293 low during Asian and early European hours against some modest strength in the US dollar...
    Central Banks’ Crusade Against Risk
May 15, 2019 - 13:00:31 PDT
A free market in money would also have the potential to mitigate the severity of the economic, financial and social crisis the current monetary system holds in store for basically all of us.
Dave Kranzler says gold and silver may be setting up for a big move higher. Here's why...
    Professor Steve Hanke: Dollar strength and the Fed
May 15, 2019 - 11:29:38 PDT
Johns Hopkins University Professor Steve Hanke and CNBC's Rick Santelli discuss the economy and fed policy as global sovereign rates move down to cycle low yields.
Do you really believe the US economy can maintain its current prosperity for long?
Due to changes in its actuaries' projections, it's now a half-year's GDP more broke than it was at this time last year.
    In The Fed We Trust, Part 1
May 15, 2019 - 09:21:31 PDT
At what point is debt too onerous, deficits too large and the Fed too aggressive such that TRUST is harmed?
    Global Trade Collapsing To Depression Levels
May 15, 2019 - 08:50:24 PDT
Even before the latest round of trade escalation, global trade had tumbled to levels last seen during the financial crisis depression
"...tariffs are not likely to go away until stock markets incinerate, inflation skyrockets, and the price of gold begins to go parabolic!"
That raises possibility of drastic action from officials...C
Gundlach said U.S. stocks and bonds are headed for a volatile environment and that he is “comfortably” long gold.
Deutsche Bank AG’s grand plan for a revival may end up looking more like tinkering after merger talks with Commerzbank AG collapsed.
Concerns of a renewed showdown between Italy and the European Union are rippling through euro-area assets.
The president’s latest trade measures have left the United States with the highest tariff rate among the most developed countries, outranking Canada, Germany, Russia and even China.
Experts say some high-tax states make it difficult for residents to change their domicile.
    America's Largest Cities Drowning in Debt
May 15, 2019 - 07:34:59 PDT
The two cities with the highest burden: Chicago and New York City; Chicago’s combined taxpayer burden: $119,110; New York City’s combined taxpayer burden: $85,600.
    Weak U.S. Retail Sales Point to Slowing Economy
May 15, 2019 - 07:33:38 PDT
U.S. retail sales unexpectedly fell in April as households cut back on purchases...
- and Not for the Better. The net result is we have an economy that's supposedly expanding smartly while our well-being and financial security are collapsing.
The rate of delinquency on student loan debt pushed up to 9.5% in the first quarter of 2019, even as total student loan debt climbed to $1.49 trillion according to the latest debt data from the Federal Reserve Bank of New York.
Student loan debt ranks as the second-largest consumer debt category, trailing only mortgages.