Precious metals news

 Italy’s ruling populists pushed ahead this week with efforts to seize control of the central bank and its gold reserves. Here are the details...

Everyone seems to be waiting for the next shoe to drop and for the metals to crash down again...

Gold softened moderately overnight, but trading remained confined to a narrow and well-worn range of $1286 - $1293.55. It climbed to its high during Asian and early European time against a slight pullback in the US dollar (DX to 97.02)...

Wells Fargo and other banks paid colleges so they could market accounts to students, putting them at risk of high fees

From “capacity panic” to “overcapacity” in less than a year?

“Lenders may need to resort to the courts more and more in the next downturn,”

U.S. companies are far more dependent on the European market than China, says B. of A. strategist.

There's solid history that documents humanity’s relationship with gold & silver and their use as money for thousands of years. Claudio explains...

Romanian senators adopted a draft law introduced by PSD leader Liviu Dragnea and senator Serban Nicolae to force Romania’s National Bank (BNR) to bring...

Unanimity among Fed board members is largely the norm. The Fed strives to be a consensus-driven organization, led, but not dictated to, by a chair whose job is to canvas and shape opinion among as many as 18

Global gold-backed ETF flows remain positive on the year (US$1.9bn, 1.9% AUM) on the back of strong January inflows.

In the March 8 episode of the SchiffGold Friday Gold Wrap podcast, Mike Maharrey emphasized the importance of understanding sound economic theory. And as economist Frank Shostak explained, facts and figures aren't enough to digest what's going on in the economy.
In order to really make sense of the data one must have a theory, which stands on its own feet, and did not originate from the data. By means of a theory, one could scrutinize the data and could then try to make sense out of it.”
In a recent article published on the Mises Wire, economist Dr. Thorsten Polleit builds on this body of knowledge, explaining how central bank manipulations of interest rates not only distort the economy, the actually mess with our minds.

Ever since the beginning of the "Powell Pause," Peter Schiff has been saying it won't be enough.
If the Fed doesn’t want to upset the markets, soon it will be forced to go back to QE and zero percent interest rates.”
Peter isn't alone in saying this. After the most recent FOMC meeting, Ryan McMaken at the Mises Institute echoed Peter's message.
Put simply: the days of quantitative easing are back, and we're not even in a recession yet."

With no loud signal dominating gold's price action at the moment, what does the lack of such a signal means for gold's short-term outlook? Here's what...

Certainly provides some optimism for tomorrow's payroll print being better than expected and better than last month's dismal data.

Industrial Orders Plunge Most Since Financial Crisis. "Awful new-order data suggests that German industry is still suffering from Brexit woes and global uncertainties."

Adrian Zuercher of UBS discusses the global economy and central banks. He says the Federal Reserve could shift back to a more hawkish view if the economy re-accelerates in the second quarter of 2019.

“The fourth quarter of 2018 might be a harbinger of things to come,” the chief executive officer of JPMorgan Chase & Co. said Thursday in his 51-page annual letter to shareholders.

Warnings about risks in Switzerland’s property market reached fever pitch, with the banking regulator calling for broad measures to curb overheating in buy-to-let real estate

Faced with negative shocks, monetary policy should not and cannot be the only possible response,” Villeroy said.