The federal government ran a budget deficit of $234 billion in February, the Treasury Department reported on Friday, the biggest monthly shortfall on record.
In this CNN piece, they favor Silver, but do yourself a favor and buy the physical so you have it in your hands.
Everything seems to be going the right way for precious metals investors - except price. What’s behind this puzzling trend? Eric's here to break-it down...
Calling the extraordinarily abnormal balance sheet "normal" doesn't magically render it normal.
These questions may seem absurd today. Tomorrow their answers will be obvious. Having a gold coin or two in hand when tomorrow arrives will be of critical importance.
The spread between three-month Treasury bills and 10-year note yields inverted for the first time since 2007 on Friday and stocks around the world fel
“Markets seem unprepared” for these three dynamics to generate a self-reinforcing cycle of dollar weakness....
The overall effect suggests the accelerating reliance on quantitative easing and near-zero interest rates...
OK. I'm going to set up a scenario for you.You're in Hawaii. Yay! Right? Anyway, as you enjoy touring around the tropical paradise, you stop at a local gas station to fuel up the rental. As you're pumping the gas, a guy saunters up covered in bling. He's got gold chains, gold bracelets and several gold rings. Then comes the sob story. He's down and out. He lost his wallet. He needs cash. But he's willing to part with his expensive gold for a bargain basement price.What do you do?
Central bankers and indirect politicians are hoping/wishing for inflation, and in 2020 they will get it – in spades.
“US businesses reported a softer end to the first quarter, with output growth easing to the second lowest recorded over the last year..."
The Fed wrapped up another FOMC meeting this week and came out even more dovish than expected. Rate hikes are off the table in 2019 and the central bank now only expects one hike in 2020. In his episode of the Friday Gold Wrap, host Mike Maharrey talks about the meeting and the dirty little secret Reuters let slip out. The goal here is to get you to spend more money and keep the bubble full of air. As Mike put it, "The Fed is trying to feed the debt monster and it wants you to pick up the tab." He also covered the meeting's impact on the markets and the latest in political theater.
Gold prices rose on Friday as disappointing economic data from the euro zone added to concerns of a slowdown in global growth and drove investors away from riskier assets.
U.S. economic growth would be much stronger had the Federal Reserve stopped raising rates sooner, President Donald Trump said in an interview that aired Friday.
At what price will gold present sweet buying opportunities? How long should we be looking for those opportunities? Here are those answers and more...
Betting that a tottering housing market and a sluggish economy will bring trouble for the country’s biggest banks.
The only thing that even comes close to this sharp of deceleration was circa-2007.
“Yield curves are responding to what they see, to what I believe is a global economic slowdown,” said Peter Boockvar
Just after the end of quantitative easing was announced -- says policy is now too tight, after months of weak economic data forced the central bank to lower its inflation outlook.
Growth risks are overwhelming economies across the globe and forcing central banks to rethink policy.