Precious metals news

Now in the historically second best month of the year, the set-up is exactly what we want to see in the early stages of a major bull market. Here's why...

For centuries, gold jewelry was not only something beautiful to wear, it was also a store of wealth and value. But the 14-karat gold jewelry found in your local store isn't the best option for investment. Now there is an alternative for people who want to own beautiful jewelry that will also serve as a store of value.
Mene is an ancient word for money.  A new company by that name prices its jewelry by weight and a transparent premium. Mene also allows customers to track the value of their jewelry like an investment portfolio and sell back or exchange pieces back to the company.
In this special episode of the Schiff Report, Peter Schiff interviews Mene founder and CEO Roy Sebag. They not only talk about the company and this unique way to invest, but they also talk about the fundamental reasons you want to own gold. 

A functioning bionic eye is closer to reality thanks to silver.
The Silver Institute highlighted this amazing medical breakthrough along with other technological innovations utilizing the white metal in the latest edition of Silver News. 

Gerald says "when everything goes bad, have guns, gold and a getaway plan". Here's what Gerald sees coming, and where he sees gold going in price...

But, but, but, the gold & silver markets aren't manipulated! It's just honest price discovery so producers can hedge future production, right? Right?

When the most mainstream of them all takes notice of gold, you want to be sure you're in well before the masses pile on: "The price of gold is up 3.5% since the start of October. During the same period, the S&P 500 has fallen 6.5%. Gold is a particularly compelling investment when people are worried about inflation -- like they are now."

“I wanted to create cookware of similar quality than the pots and pans of the past, but able to handle more heat, so I started experimenting with different metals,' Mr. Hamann said. He chose sterling silver not only for its excellent heat distribution but also for its stunning look and value."

"The revelations are an additional headache for the San Francisco-based bank which is facing numerous regulatory penalties and private lawsuits, most of which stem from a sales practices scandal that touched on all of the bank's major business units."

While Republican Congressional leaders have implored Trump to spend more time talking up the economy in the weeks prior to today's elections, there's a reality they may not have taken into account: 62% of Americans say that financially, they're no better off now or are doing worse than they were in November 2016.

"The latest data from Euro Stat for September 2018 demonstrates the complete failure of the ECB and its Quantitative Easing. This will only get worse as politicians with zero experience in trading markets will debate and refuse to accept responsibility for their actions."

Suspending disbelief for a moment and forgetting that the vast majority of adults without jobs aren't counted as "unemployed" but "out of the workforce": "In an economy in which there was a perfect match between worker skills and employer needs, there would be zero unemployed people at this moment."

Blame Powell. From Trump's repeated vilification of a Fed "gone loco" to a Wall St. eager to pin every drop in equities on his policy decisions (“simply the result of a novice Fed chair fumbling the communications ball”), Jerome Powell finds himself with few external-to-the-Fed backers.

Following on the successful double-world-premiere event of Hidden Secrets of Money 9: Fall of Empires: Rome vs. USA and HSOM 10: American Bread & Circus, Mike is back with fresh information, thoughts, and his unique insider's perspective on both videos.

"Asian investors are proving less and less eager to buy US government bonds, even as the Treasury Department prepares to sell $1.3 trillion of new debt in the new fiscal year. Foreigners increased their holdings of Treasurys by $78B in the first eight months of this calendar year, just over half of what they bought in the same period last year."

"Unemployment is low, and wages have ticked up, but so has inflation. Fed Chairman Jerome Powell has described the fact that wages are not growing faster as a 'bit of a mystery.' What is driving the weakness in inflation-adjusted wage growth?"

And out on the very end of the limb of free-market destruction, we find Japan. Where economic internals are a fright show across the board, but the stock market is at 27-year high because the government just keeps endlessly buying stocks with fiat currency. This will not end well.

Keith says he wishes he were wrong in saying this, but nobody wants to go back to a gold standard. Here's more...

It will take time to get there, but Charles says gold will reach $2500 in the coming deflation. How can gold rise as everything else deflates? Here's Charles...

October jobs numbers came out on Friday and everybody was all giddy about healthy growth. But in his most recent podcast, Peter Schiff said jobs are just another bubble about to burst.

Demand for gold in technology and industrial sectors grew for the eighth consecutive quarter in Q3, according to the World Gold Council Global Demand Trends Q3 report.
Overall, gold used in technological applications grew 1% to 85.3 tons in the third quarter. That marked the eighth consecutive quarter of year-on-year growth. Strong demand in the electronics sector helped drive overall industrial and tech demand for the yellow metal higher.