Precious metals are apparently waking up. And here is where you can find the best deals.
Site:
Precious metals news
"As the demand for precious metals shows some life once again, sales of the U.S. Mint Silver Eagles jumped in January."
Does Art Cashin Think Fed Policy Is Driven by the Market? "It's Pretty Obvious"Jan 31, 2019 - 05:15:27 PST
"It's a completely different Fed and that's a reaction to the market's reaction."
"Italy fell into recession at the end of 2018, capping a year of political turmoil, higher borrowing costs and fiscal tensions that took their toll on the economy."
"Even though they won’t say so, this shows that Quantitative Tightening will be slowed down.”
"Events are moving fast in Venezuela, and not in President Nicolás Maduro’s favor."
Global gold demand grew by 4% in 2018, driven by a multi-decade high in central bank buying, according to the World Gold Council's Gold Demand Trends 2018 Report.Gold demand came in at 4,345.1 tons in 2018. That was up from 4,159.9 tons the previous year. This was in line with the five-year average growth.
Throw Those Jazz Hands: Tap Dancing Powell Fully Caves to Trump, Market PressureJan 31, 2019 - 02:10:18 PST
"In other words, the Fed not only capitulated to the market, but just set the stage for QE4."
The DX found support and recovered to 95.45, and gold pulled back to support at the former resistance at $1,318-19. Gold was $1318 bid at 4PM with a gain of $8.
HIGH-YA! Silver's Karate Chop Takes-Out $16 On Release Of The Fed's January FOMC StatementJanuary 30, 2019
Watch Powell's presser live right here at 2:30 p.m. EST, see the replay if you're reading this at a later time, and come on in for an update regardless...
Jeff Clark Live in Vancouver: The One Reason Silver & Silver Stocks Will Explode HigherJan 30, 2019 - 11:36:58 PST
Join GoldSilver's Senior Precious Metals Analyst Jeff Clark in Vancouver as he explores the incredible upside potential of silver.
Crisis is coming, and Chris says "gold, to me, is the thing I want to own and hold when you have a systemic crisis.”. Here's why...
"Venezuela’s foreign reserves have fallen 69 percent to $8.4 billion since Maduro came to power in April 2013. With no detailed or reliable national reports, it’s difficult to know where that gold is going."
US M-o-M Pending Home Sales -2.2% vs. +0.5% Expectation, Biggest Crash in 5 YearsJan 30, 2019 - 08:31:06 PST
"The Realtors group forecasts a decline in annual home sales to 5.25 million this year from 5.34 million in 2018, which would mark the first back-to-back drops since the last recession."
Jan 30, 2019 - 06:57:18 PST
Opting for the oldest trick in the book, Wells Fargo spends millions not on improving their rampant culture of customer-predatory fraud, but on slightly changing their logo. As the associated marketing so aptly says: "This is Wells Fargo."
"This means that to balance the budget, elected officials have not included the true costs of the government in their budget calculations and have pushed costs onto future taxpayers."
In the 40 or so days after Jerome Powell last raised rates, affirmed his dedication to "autopilot" QT, and talked up the "strong" economy, he has changed his tune on nearly everything.
Peter Schiff recently participated in the Ultimate Gold Panel at the Vancouver Resource Investment Conference.Hosted by Daniela Cambone of Kitco News, the panel delved into a deep discussion about the future of gold based on both historical analysis and current economic trends.Peter is joined on stage by Frank Holmes, Peter Hug, and Roy Sebag. This is a must-see for any investor serious about profiting from gold.
During a speech at the lower house of the Russian parliament, the CEO of the country's key trading floor suggested Russian investors should replace investments they've made in dollars with gold.“Let’s offer an alternative to the US dollar in the form of Russian gold, which we produce… investment gold,” Moscow Exchange (MOEX) CEO Alexander Afanasiev said.
Bloomberg: "ECB Stimulus Looks Endless Now. Here's What It Means for Markets"Jan 30, 2019 - 05:57:47 PST
"Despite the best efforts of central bankers, investors are betting the next phase of European monetary policy will look a lot like the last one."
"I don’t trust the accounting of major corporations. I don’t trust what derivatives will do in a crisis. So, gold, to me, is the thing I want to own and hold when you have a systemic crisis.”