Precious metals news

Problems in gold mining: Talent has left the industry because of the lay-off cycles, and it is affecting the gold miners' ability to find gold. Here's more...

As we enter the 4th quarter of 2018, this market cycles expert says he's confident that gold begins its long-term uptrend this year. Here are the details...

The 10-year yield hovered either side of 3.19%, while the DX drifted down to 95.75. Gold ticked up and was $1,199 bid at 4PM with a gain of $1.

Egon says when the paper markets fail, there will be panic, and only one solution. Egon also says the silver rocket may be launching right now. Here's more...

President Trump managed to put together a new NAFTA deal with Canada just before the deadline. In his latest podcast, Peter Schiff called the "NAFTA rebrand" a marketing fraud.
When Donald Trump was a candidate, he said NAFTA was the worst trade agreement ever negotiated by anybody. Even as he was taking credit for the new deal he just negotiated, Trump reiterated how bad the original deal was. Now he is saying the new NAFTA is the greatest deal ever negotiated.
So, we went from the worst deal in the history of deals to the best deal in the history of deals. The problem is — it's basically the same deal. I mean, the only thing that's really changed is the name. And we went from a good name to a lousy name."

Interest rates are climbing quickly.
The yield on the 10-year US Treasury hit the highest level since 2011 in the midst of a massive bond sell-off Wednesday. The selloff spread across the globe on Thursday morning. ZeroHedge called the spike in yields a "monster move."

Ronni Stoeferle of In Gold We Trust says that an epic short squeeze in gold could be in the cards. Here's why... 

The Dow Jones Index hit an all-time high yesterday. But if three times as many publicly traded stocks hit 52-week lows than hit 52-week highs, how well is "the market" actually doing? And will this indicator serve as timely a predictor of market collapse as it did in 1999?

“Having a well-done, nation-state-level hardware implant surface would be like witnessing a unicorn jumping over a rainbow,” says Joe Grand, a hardware hacker and the founder of Grand Idea Studio Inc. “Hardware is just so far off the radar, it’s almost treated like black magic.”

Like alchemists who have gone insane from inhaling the toxic fumes of their own labor, the European Central Bank seems to earnestly believe there's a magic combination that will give them their desired result and they just haven't found it yet. So, always, more market interference in an attempt to fix the immense damage they've already done.

With interest cost on the federal debt poised to overtake defense as the US government's single largest expenditure, sharply higher treasury rates only accelerate our relentless march to debt-spiral reckoning day. And all of the zombie companies hanging on by a ZIRP-debt thread are seeing their lifespans shorten by the moment.

A rising rate environment and US debt that nobody seems interested in buying. Yields are popping across the maturity board as bidders for US paper are suddenly scarce.

"As of Powell's latest speech, the answer appears clear: Powell will push above, and perhaps far above, the neutral rate. And every time this has happened, a bear market has inevitably followed. In doing so the Fed will be the catalyst the ultimately crashes the market."

Lakshman Achuthan: "For the overall economy, we have a yellow light. We think there's a slowdown that's happening here but on the housing and home price growth, absolutely it's a red flashing light."

"A decade after the collapse of Lehman Brothers, global debt levels are higher than in 2008, lending has moved into the opaque realm of asset management and private equity, and the dollar is surging."

Rules and regulations that aid and abet banks taking ludicrous levels of risk abound in the global system, but few examples are as out-and-out absurd as the BIS's "zero risk" rating on *all* sovereign debt, meaning banks can load up on it with zero reserves to guard against its default. Even for the debt o countries at extreme risk of default.

While rising up from humble beginnings has been a common life trajectory for citizens in many parts of the United States, not so if you were born and raised in Tennessee or anywhere southeast of the Volunteer State.

Why take the risk of running your illegal money through a big bank like HSBC when you can run it through a sovereign regulator itself? Welcome to the wild world of Baltic sovereign banking, where Estonia has long served as a criminal-profits laundromat.

The man attempting to sue the banks for market manipulation has uncovered some tight connections among the criminal globalists. Here are the details...

The US 10-year yield pulled back to the 3.15%-3.16% area, while the DX ticked up to a new high of 95.82. Gold, caught in the cross-currents, was $1,198 bid at 4PM with a loss of $6.