Precious metals news

"The loss reflects lost output from federal workers, delayed government spending and reduced demand."

"Many people are expecting some degree of approaching collapse thinking that they’ll recognize the danger signs in time. Collapse is a process, not an event. And it's already underway, all around us."

"Latin America, the Middle East and Africa will be impacted more by lower credit scores because of the high share of their foreign-currency debt."

"Bitcoin's hot streak is well and truly dead. Signs are Bitcoin investors are moving toward a more traditional commodity."

SD Outlook: Reality is, of course, that gold & silver are set to take-off, while the markets tank and the economy collapses. Here's why...

"The scheme is most generous for those who claim they earn nothing. This includes the poorest – but also tax avoiders."

“Wrong track,” “disarray,” “turmoil,” “polarized,” “concerned,” “shambles” and “declining” were some of the answers given by respondents asked to sum up their feelings on the state of America.

Now that the Powell Fed has fallen into line and seems to be on indefinite rate-raise pause just a couple points above zero, it has left itself very little room to maneuver in a recession.

From the moment we enter the education system, we're taught that government provides a benevolent hand that guides the economy and protects its citizens. For more than 50 years, Reason Magazine has been exposing the cracks in this narrative, contrasting the heavy hand of government with the beauty of free minds and free markets.
In this episode of It's Your Dime, Mike Maharrey talks with Reason editor-at-large Nick Gillespie.

"China has relied on credit growth to fund its economic ambitions. The country’s banks are now feeling the constraints of this lending binge and need to raise a lot of capital over the next couple of years."

"Britain’s biggest lender is to offer 100% mortgages to first-time buyers in a return to lending last seen before the financial crash."

"A heightened supply of Treasury securities follows tax cuts and government spending increases implemented under the current administration."

"Nearly half of Japan’s key economic government statistics need to be reviewed, or roughly 40% of the 56 key government economic releases."

Stocks got a boost on Friday and gold rose 1.8% on further signs that the Federal Reserve is capitulating.
An article in the Wall Street Journal basically confirmed the Fed is now thinking about winding down its quantitative tightening program. As a CNBC headline put it, "The Fed may be moving closer to ending its rally-killing balance sheet reduction." As Peter put it in a recent podcast, "The Federal Reserve is having to prematurely abort quantitative tightening, which is exactly what I said they were going to do before they shrunk the balance sheet by the first dollar."
Not too long ago, it was on autopilot, they were just going to leave it alone and it was going to keep on going and then the market started to cave and then they change that to, well, we're data dependent and now the market starts to go down a little bit more and all of a sudden we're almost done. "

Up-legs always ebb and flow, but this young gold-stock up-leg has merely paused. The gold miners’ gains will likely resume soon. Here's why...

Is this THE BEST gold discovery David has seen in 40 years? Come on in to find out as David shares part of his investment strategy...

This week we look at some details regarding the growing Russian Gold Reserves that just passed the 2,000 tonne gold bullion total...

Today on Urban Lifestyle we're talking gold, silver, & what's going on behind the scenes at one of the nation's largest bullion dealers, SD Bullion...

Recent big mergers in the gold-mining industry signify a lack of mine discoveries. Here's what a lack of discoveries means for the mining industry...

"The deal that Trump is reportedly preparing to announce bears some similarities to the Democratic stopgap bill that was one of two measures that failed to pass in the Senate on Thursday."