Precious metals news

When life hands you lemons, you make lemonade. When life hands you gold and silver prices like these, you make the sort of contrarian investment decisions upon which true wealth is built. Join Jeff Clark as he explains why you should seek out gold at the height of its ugly-duckling market misperception.

"The bottom 60 percent of income-earners have accounted for most of the rise in spending over the past two years even as their finances worsened." With apologies to Tammy Wynette, when your "recovery" is based on cheap debt issued to bad credit risks whose financial health is declining, that lending will only end one way: D-E-F-A-U-L-T.

Want to know you how can totally disregard a sentence? It ends with "bankers and strategists said." When you're really just a PR flack whose sole job is to blow feelgood smoke at everyone, all the time, you could be replaced by floating line of Verdana text reading "Great, and getting better all the time!" and no insight would be lost.

Without a doubt, serious technical damage has been done to gold, but TraderStef is still bullish after the damage. Here's why... 

It's been a brutal few weeks, but looking at the traders positioning shows we're at the point where gold and silver should rise in price. Here's why...

Eric Dubin and Dave Kranzler break-down the latest action in gold including the question on everybody's mind: Has gold bottomed?

After hinting that it might not continue, forever, to buy every risk asset, at any price, Japanese bond yields "spiked" to...0.09%. Even this microscopic level of above-zero interest was seen as totally unacceptable, so the BOJ quickly folded, and said it would return to buying an "unlimited" number of bonds.

Not to be outdone by the US Fed, China continues to play fast and loose with its own fiat currency. Via their "medium-term lending facility" (China's euphemism for QE money printing), the Party announced it threw an unexpected $502B¥ (about $74BUSD) on the debt pyre to encourage shaky banks to loan, loan, loan.

The summer doldrums have dragged on this year. Here's a fundamental and technical look at where we've been and where we should be going...

Don't want pet insurance? Don't have a pet? Wells Fargo don't care. You're getting billed for pet insurance whether you like it or not. While they illegally repossess your car, defraud your small businesses, change your mortgage terms without your permission, and sell you super-risky investments while saying they're safe...bonus time, baby!

Today's version of Choose Your Own Reality. After the president kicked off the first US offensive in the new currency war, railing against the strong dollar, citing the disadvantage at which it puts the US now that the unwinnable trade war has not been won, Steve Mnuchin insisted the sky was not blue and water was not wet.

"Lost in all of the geopolitical noise are some basic concepts of economics  It's no secret that China's economy has been built by their openly mercantilist economic policies. Mercantilism is, oddly enough, President Trump's dominant economic philosophy. Like all artificial controls on the market, it destroys more capital than it accumulates."

Gold and silver mining stocks are looking good here with a lot of bullish set-ups. Here's the details...

Is the gold and gold mining stocks bear market finally over? Here's some insight along with the most important charts for answering that question...

"a new and different type of gold standard that operates completely free from government and central bank intervention...."

SD Metals & Markets: Just how undervalued is gold? The phrase ‘second chance' comes to mind. Here's why...

SD Friday Wrap: Gold, silver and the markets are all about to change, BIGLY! Here's why...

The SchiffGold Friday Gold Wrap podcast combines a succinct summary of the week’s precious metals news coupled with thoughtful analysis. You can subscribe to the podcast on iTunes.

Bitcoin and the blockchain are joined at the hip - so much so that a lot of people don't distinguish between the two. Cryptocurrency and blockchain have almost become synonymous. But in fact, they are two different things, and it's important to understand the distinction.
The blockchain is a technology. Cryptocurrency is a medium of exchange or a store of value that operates on that technology. You can have a blockchain without cryptocurrency, but you can't have cryptocurrency without a blockchain. In fact, there are a lot of other possible uses for the blockchain beyond serving as a platform for bitcoin.

“Stocks are awesome and always will be!” is the mental mantra in the head of the average investor right now. They’re wrong. And you’re not the average investor.