Precious metals news

"Investors pulled more money out of stock and bond funds in October than in any month in more than three years. Mutual and exchange-traded funds had net redemptions of $29.1 billion last month, the biggest outflows since August 2015."

“Cash is now competitive and will likely grow more so. Cash yields today are higher than dividend yields for 60% of the S&P 500 today, and our Fed call puts short rates close to 3.5% by the end of 2019, well above the S&P 500’s 1.9% dividend yield,” Subramanian said.

Fully embracing the role of the unrepentant villain, Wells Fargo continues to set the pace for customer disdain, as it attempts to avoid paying back customers it actively defrauded.

"Iran is stepping up production of precious metals to cushion its economy against the effects of new US sanctions."

“The recent rise in SPX beta to credit spread suggests equity investors are finally awakening to its implication,” writes Rebecca Cheong, head of equity derivatives strategy at UBS Securities. “The S&P 500 has more room to fall on the back of the current weak credit market.”

"A decade after the housing crisis, a new breed of risk-taker is investing in nonperforming loans and pushing borrowers to start paying on them again. For homeowners who hadn’t heard from a lender for years, it can come as a shock."

Lost in the daily back and forth game of politico-economic chicken between the EU and Italy is a simple reality: The single largest buyer of Italy's bad debt has been the ECB's QE program, which does not demand a realistic rate of return on Italian debt. As QE ends, yields should, by all rights, soar as only profit-motivated investors are left.

"It’s not different this time, it never has been. 60% of Goldman employees are now 30 years old or younger. These guys have never seen a bear market, or corrections that last. Indeed the last 20% drawdown in $SPX was in 2011, what were these kids doing then? College? High school? Come on."

"Gundlach also said that corporate bonds are more dangerous now because "triple-B" credit — the rating for debt securities just above "junk" status — has skyrocketed since 2008, from 20 percent of all investment-grade credit to approximately 50 percent today"

“On January 20-21, 2019 the Vancouver Resource Investment Conference offers you a unique opportunity to speak to the experts, meet with companies and grow your portfolio.” One of those experts? GoldSilver’s own Jeff Clark, who sat down with conference organizers Cambridge House International to discuss his current thoughts on silver and gold.

After rejecting its most recent budget proposal, which called for an expanded welfare budget and the easing of some austerity measures, the EU beings to formally sanction Italy. The fact remains: Italy can't pay its debts and no amount of threats or legislative punishment can force them to change the laws of math.

"I think the Fed will definitely blink," Grant told CNBC on Tuesday. "I don't know when it will reverse course; I suspect sooner rather than later."

Many speculators in the natural resource sector are having concerns over "peak gold", but what are we to make of it? Here's some insight...

Chris shares some critical new data that can shed some light into what he believes will be a massive upside price rally in the metals...

She is sick of the manipulation blabbermouths, so check out this article to read TraderStef setting the ‘gold & silver are manipulated' record straight... 

Global debt increased at the fastest rate at the beginning of 2018.  In just one quarter, total global debt jumped by more than $8 trillion.  That is quite surprising as total world debt rose by $22 trillion for the full year in 2017.  Thus, the increase in global debt last year averaged $5.5 trillion each...

Yesterday was another bad Monday on Wall Street. The Dow Jones dropped nearly 400 points and the NASDAQ fell deeper into "correction territory," dropping another 3%. All five "FAANG" stocks closed in bear territory. These are the tech stocks that have propelled the long bull market. The NASDAQ is down 12.5% this quarter.
Apple's announcement that it plans to cut production weighed heavily on the markets, along with another sign of trouble in the housing market — a big drop in homebuilder sentiment.
Peter said homebuilder sentiment is the first sign that the confidence bubble has popped.

We continue to see new innovations using gold in the field of healthcare. The next time you have surgery or cut yourself, doctors could close you up with a substance using the yellow metal.

The LBMA appears to have become "transparent", but Craig dives into the numbers to show just how much of a scam the paper gold market truly is...

"...dollar would be devalued by 10 percent...intervention in gold sales to prevent a steep rise in the price of gold, however, was not undertaken. That..."