Precious metals news

Two years of one-sided play-nice from Washington appear to be waning, as the US starts to put the pinch on Russian oligarch money and ships suspected in aiding and abetting North Korean oil importation.

After Trump's abandonment of the Iran nuclear deal, the EU needs a payment system that circumvents the necessity of the using the US dollar, Germany says "It is indispensable that we strengthen European autonomy by creating payment channels that are independent of the United States."

When nearing the top of financial bubbles, savvy people will say to invest in "real assets" or own actual things. But not knowing these critical differences can ruin everything...

"...now is not the time to be complacent. The Commercial Banks have positioned themselves to profit handsomely from any combination of..."

From active and growing alliances with Iran, China, and Turkey to frenetic dumping of its US treasury holdings on the open market to semi-straight-faced, half-smiling denials about election tampering, Russia continues to prove that half of what it does these days is primarily designed to troll and provoke the current US administration.

If you can even find the food to buy, it would take about two shopping carts full of stacks of bolivars to buy a single cart's-worth of carrots, tomatoes, chicken, and other everyday groceries.

It's impossible to overstate the predictive power of the inverted yield curve (when the yield of the 2-year treasury moves higher than the rate of the 10-year treasury). Every single recession of the past 60 years was preceded by just this occurrence, and it's a mere 0.228 percentage points from becoming a reality.

Fed-fueled valuation madness. Cheap debt and deep tax cuts piped directly to corporations, who then use that money to buy their own expensive shares. They're rigged markets, crony capitalism at its worse. David Morgan explains why it's so dangerous and what the inevitable fallout will bring.

The fund took in $68M on Friday alone, as gold prices were hitting 17-month lows. As the gold price drifts even deeper into the bargain bin, Chinese investors are taking advantage in size.

Nearly every day now brings news of a new trade or currency accord between nations that strips out the US dollar as default international middleman of every transaction.

As we've forecasted would happen since the first Trump tariffs, the trade war has advanced to a stalemate, China has retaliated with currency devaluation, and now Trump, frustrated that he can't do the same with nearly as free a hand as elected-for-life Xi Jinping, is talking down the dollar. The "no chance of a currency war" currency war is on.

Michael goes over the two primary drivers of gold (and silver) right now, and argues how gold is set up very similar to December of 2015...

The outlook is extremely negative in gold right now, but there could be two problems in trying to use sentiment to figure out where the market is headed...

There is a lot of mainstream propaganda against gold, but when it comes down to it, Ron says don't be the last person to know gold is money. Here's why...

Mike Maloney explains how we’re in the biggest real estate bubble ever, even surpassing the subprime bubble that preceded the 2008 collapse, and how it will factor into the multi-stage collapse that is coming.

John says there's great news for gold bugs and silver bugs, which have presented a low-risk, high-potential rewards for investors. Here are the details...

There is plenty of bad news out there. We have a trade war. Geopolitical tensions between the US and Iran and the US and Russia are high. Turkey is in the midst of a currency crisis that some fear will spread beyond that country's borders. So, why aren't people seeking safe haven and buying gold and silver?
The CEO at Australia's Perth Mint has a theory. Richard Hayes said bad news has become so prevalent nobody really pays attention to it anymore. In a nutshell, bad news has become the norm.  As a Bloomberg report put it, "Investors have grown immune to the economic and geopolitical risks that typically drive haven demand for gold."

One of the biggest enduring economic myths is the notion that the minimum wage laws only help workers and have no real negative effects. The fallacy inherent in this line of thinking becomes immediately clear if we simply propose a $1,000 per hour minimum wage. After all, if $15 is good, $1,000 would be fantastic, right?
Of course, nobody would pay somebody $1,000 per hour to perform a low-skill task. It's obviously unaffordable. A $15 per hour minimum is just as unaffordable.

GoldSilver Senior Precious Metals Analyst advises not to entirely discount the possibility of Venezuelan-level inflation in the US, after the gross dilution of currency and runaway debt levels of the past decade. If it does happen here, Jeff explores what it might look like and how you can protect yourself and your family.

Keith says the next crisis may be coming sooner than later, and price may not dip that much, or even at all, for these three reasons...