Precious metals news

We’re back in the phase of markets where bears look like idiots and bulls look like geniuses. In 2018, following the US tax cuts, a growing economy and expanding earnings had bears look the f…

As economic data for 2019 comes in, the numbers continue to suggest more slowing especially in the goods economy. Perhaps what happened during that October-December window was a soft patch. Even if that was the case, we should still expect second ...

Stocks are at an inflection point. After a bruising end to 2018, the major indices caught fire at the turn of the New Year as the world's central banking cartel leapt into action. Here's how t

Jim Grant recently appeared on the Santelli Exchange on CNBC and the conversation quickly turned to this notion that "intellectuals" have the wherewithal to run the economy. Friday Gold Wrap host Mike Maharrey recently explained two very important economic principles that make it impossible for central planners to ever truly succeed. As he put it, they might be smart, but they aren't smart enough to know they're not smart enough. Nevertheless, this doesn't seem to dampen the fatal conceit and hubris of central bankers who think they can micromanage a complex economy.
Grant put it another way. He called it the ignorance that knows not it's ignorant.

No one wants to test the tightest trading range in decades, but they wish others would.

Haruhiko Kuroda is miles from where he wants to be. About 200 miles.

The US dollar fell against all the major currencies except the Japanese yen in the week following the disappointing job growth in February. The Norwegian krone w...

The Federal Reserve will bring the current cycle of interest-rate increases to an end after one more hike later this year, according to a new Bloomberg survey of economists. None of the 32 respondents anticipated a rate move when the Federal Open Market Committee gathers in Washington March 19-20.

The U.S. dollar adds on from last week’s losses on Monday, trading weaker against many of its rivals as traders are looking ahead to the Federal Reserve’s...

Years of hubris, scandal and greed bring the bank that was once Germany's "God" to the brink.

History shows that equities normally drop about 21 percent when the economy contracts.

My interest was piqued by a Friday Bloomberg article (Ben Holland), “The Era of Cheap Money Shows No One Knows How Monetary Policy Works.” “Monetary policy is supposed to work like this: cut interest rates, and you’ll encourage businesses and households to borrow

Factor in the amount of soured loans they stripped from their balance sheets last year, and the situation looks a lot more troubling.

The West Virginia legislature has approved a bill that would take an important first step towards treating gold and silver like money instead of a commodity by repealing sales and use taxes on bullion.

Gold prices edged up on Monday as expectations the U.S. Federal Reserve will be ...

The collection of artifacts highlights the rich history of Crimea as a staging post at the crossroads between Europe and Asia.

The collective intelligence of central bankers cannot outperform a yellow rock.

Getting a paycheck for doing nothing could be in the future for residents of New Jersey's largest city. Newark Mayor Ras Baraka says the city is going to study a pilot program to provide...

Getting a tax refund is a springtime tradition that Americans love as much as Easter candy.

The central bank is certain to leave the federal-funds target range unchanged. But we’re eager to hear how its thinking on its aims and approaches might be evolving.