Precious metals news

"Gold touched its highest in more than six months on Wednesday as sagging equities compounded concerns over weakening global markets, prompting safe-haven flows into the precious metal."

"U.S. Trade Representative Robert Lighthizer warns President Trump that putting more pressure on China through additional tariffs may be needed to get meaningful concessions."

After the worst Christmas Eve in the history of the stock market, the Santa Clause rally came late. Markets bounced back in the short trading week after Christmas. The Dow started with a 1,000-plus point gain, then dropped nearly 600 points the next day, before rallying late to close in the green.
The rally had some Wall Street pundits feeling giddy, but in an interview on RT America, Peter Schiff said the bubble has popped and this is exactly the kind of roller coaster ride you expect in a bear market.

"U.S. corporate debt has climbed to roughly 46% of GDP, the highest level on record. Observers worry that highly leveraged companies could pose a threat to the global economy, especially if growth slows and rates continue to rise."

"It changed the very nature of the market, destroying the diversity of the market ecosystem, and making it incredibly vulnerable to the smallest change in the macro environment."

"The U.S. Treasury yield curve has come close to inverting, which could mean an economic slowdown - but not for the reason that everybody thinks."

"The downturn in Sydney’s property market is set to deepen this year as tighter lending standards and the worst slump in values since the late 1980s cause nervous buyers to sit on the sidelines."

"Today, the 1-year T-Bill rate inverted with higher duration notes up to and including the 7-year note. I count 6 inversions, 4 of them with the 1-Yr bill. A 1-year T-Bill inversion with the 10-year note is only 8.5 basis points away. This is the strongest recession signal yet."

Join Mike Maloney for his latest in-depth forecast for the stock markets, gold & silver, and more speculative investments like cryptocurrencies and mining stocks. Will 2019 be the year that gold and silver finally assert themselves as THE safe-haven asset?

Pending home sales hit the lowest level in nearly five years in November, a sign that the US housing market will continue to get uglier in the near future.
Not too long ago, we reported that the air was starting to come out of housing bubble 2.0. As just one example, home sales in California hit the lowest level in a decade. And it’s not just California.
Now we're seeing more signs of trouble. Pending home sales tanked in November, according to data released by the National Association of Realtors last week. The Pending Home Sales Index plunged 7.7% compared to November 2017, the biggest year-over-year percentage drop since June 2014.

Keith Weiner says something has changed with the fundamentals. He thinks the stars may be aligning as there is now buying of gold & silver. Here's more...

Is 2019 the year that gold & silver finally break-out? Here's some insight on what to expect in 2019 in gold, silver, the markets, and a whole lot more...

The theft of our time through monetary debasement has continued apace ever since the discipline of gold was removed from the global monetary system...

With January normally being a great month for precious metals, it’s possible the miners will be among the best performing sectors. Here's why...

For people hungry for actionable analysis in the precious metals arena, TraderStef has dived into the gold & silver charts to satisfy our hunger...

"With only one trading day remaining in 2018, I'm pleased to report that the price of gold has so far beaten the S&P 500 Index for the month of December (4.4 percent versus minus 10 percent), the fourth quarter (7.4 percent versus minus 15 percent) and the year (minus 2 percent versus minus 7 percent)."

"The greatest and most ill-advised credit bubble in all of human history flirts with the sort of sudden disaster that follows shortly after the failure of one’s reserve parachute."

"High-grade bonds are returning -2.75 percent this year as of the start of the final trading day of 2018, which is the biggest loss since the asset class lost 4.94 percent in 2008. The market has been battered by rising interest rates."

David says a stock market rally at the same time Gold is overbought and hitting resistance could trigger a sizeable pullback. Here's more...

"The last time The Dallas Fed's business survey collapsed at this pace, the US economy was in the heart of its last recessionary contraction."