Precious metals news

"Currently, both gold and silver are solidly in the green while the major indexes were all the red following a huge sell-off yesterday. The Dow Jones Index has lost nearly 1,000 points in the past two days while the gold price is up nearly $25."

"We’re already seeing the housing market losing some steam — slowing sales, slower pace of appreciation, longer time on market — and the move up in mortgage rates only compounds that."

"Bullion climbed above $1,200 an ounce as fears about the impact of a burgeoning trade war saw a selloff in U.S. stocks spread through Asia and Europe. The dollar fell to its lowest since Oct. 2."

"President Donald Trump continued to attack the Federal Reserve on Thursday, saying Chairman Jay Powell is being too stringent with monetary policy and is making a mistake."

Harvey says the crooks have been keeping silver in the low $14.30s, and there's only one reason they are keeping silver so low. Here's Harvey to explain...

It's Larry vs. Larry! Former Treasury secretary Summers weighs in vs. Director of the United States National Economic Council Kudlow's take on short-term stimulus measures.

"Gold buying began at the European open and accelerated after the weaker than expected CPI print, snapping above $1200 and extending gains on notable volumes."

"President Donald Trump has multiple reasons as to why he should take control of the Federal Reserve. He will do so both because he can and because his broader policies argue that he should do so."

"The IMF is finally warning that there may be an emerging market crisis. Hello IMF, it's already here. Look ahead."

"Gold prices rose on Thursday as a sell-off in global stock markets prompted investors to seek safety in the metal. European stocks fell in line with a slump on Wall Street, pointing to growing risk aversion across global markets and turning greater attention to Thursday U.S. inflation data."

"The U.S. tech bubble may take a while to burst and we are facing many external uncertainties - trade wars, risks in emerging markets currencies and oil price. And people should also watch yuan closely."

"Amid U.S.-China trade tensions and high levels of debt faced by low-income countries, one message is clear, the president of the World Bank Group said on Thursday: Trade is important for the poor."

"The Fed is going wild. I mean, I don't know what their problem is that they are raising interest rates and it's ridiculous."

Here are five of the most compelling reasons, explained and shown in just five charts, to why every investor needs to own gold...

Mike Maloney wasn't satisfied with the traditional stock market valuation metrics, so he did what Mike Maloney does: drill deep into the data to find patterns nobody else has. Join Mike to see why his brand new Fragility Index is screaming that stocks are in a bubble that is primed to pop.

Stock market uncertainty is rising on the heels of an 800 points plunge in the Dow yesterday. In this six-minute video, Mike explores the simple ratio that demonstrates the extreme overvaluation in stocks today and how far they still have to fall to reach anything resembling fair value.

Jayant says gold is already soaring in emerging market currencies, and it is the emerging markets that will ignite gold prices around the world. Here's why...

The term fiat may sound obscure, even mystical, but it’s actually straightforward. Fiat is Latin for “let it be done,” or “it shall be.” Apply that definition to money and it simply means that currency is “money” because a government says its money.

The mainstream is giddy about the "booming economy." We have rising stock markets, continued job creation and solid GDP growth. But Ron Paul recently appeared on CNBC Futures Now and threw a big bucket of cold water on the mainstream narrative. He said we are barreling toward a recession. 

Most of the mainstream view the gold standard as an archaic relic from a bygone era. At best, a return to some kind of gold standard is unnecessary. At worst, it would plunge the world into economic chaos.
Conventional wisdom holds that a gold standard would make boom-bust cycles worse. (This is a myth.) Paul Krugman even tried to claim the gold standard prolonged the Great Depression. (Economist Bob Murphy shreds this fallacy in his It's Your Dime interview with Mike Maharrey.) But the real reason central bankers and politicians hate the idea of a gold standard is that it takes power out of their hands.
We mostly focus on the economics of a gold standard, but as Antonius Aquinas explains, there is an even more fundamental reason we need a gold standard. It's a matter of liberty. As he puts it, "It has been the advent of central banking and with it the elimination of the gold standard which has provided the means for the state to become such an omnipresent force in everyday ...