Precious metals news

Michael says sentiment is right back to where it was in late 2015, which means gold and silver are about to take off. Here's why...

"Fake money requires an inordinate amount of misplaced confidence to perpetuate its charade. But confidence in the dollar can quickly fall out of favor. Be it a trade war, a currency war, a fighting war, or the mass realization that the Federal Reserve has painted itself into a corner."

“It’s bad enough being down to 1216 or 1217, wherever we’re trading right now. But it’s the process we’re going through. As you know, I’ve..."

Lost in the screamo-torrent of nonstop mainstream financial news, shill financial advisors talking their own books to gouge you for fees, and Wall St. spending billions to convince you investing is too difficult and scary to do on your own, if you had just bought gold 20 years ago and wasted no time on such arrogant, lying nonsense? 327% return.

As we've been predicting for months, with the unwinnable (for anyone) trade war grinding toward its surefire stalemate and having now publicly exhausted his tariff options, it's currency war time. Trump has begun his campaign to weaken the dollar.

President Trump is again saying things that are very, very bullish for gold & silver. Here's the details...

In a spectacular display of willful cognitive dissonance, while the president vocally embraces going max-trade-war and tariff-izing every single Chinese item that crosses US borders, Jerome Powell, the man whose take on the US economy matters most of all, refuses to admit there is any trade war at all.

Yet more evidence that central bank interference, combined with headline-news-chaos fatigue, has resulted in a stupefied, punch drunk, utterly dazed treasury market. As US economic policy uncertainty spikes sharply higher, the 10-Y "risk barometer" barely has a pulse.

Copper is in freefall, having plummeted 18% in one month to a one-year low. It is used for so many different industrial applications that it is often referred to by traders as "Dr. Copper", referencing its uncanny ability to predict recessions: When its price falls sharply, it reflects broad-based business weakness.

So now the predictable end to the trade war comes into view. No nuance, no strategy...just slap tariffs on absolutely everything. When you've maxed out trade war, next come currency war, and the Chinese already have the jump on Trump, having started to meaningfully devalue the yuan.

"even if we get such a bounce, like in the second half of 2015, we may not have seen the low just yet." Here's why...

Dave Kranzler says they're smashing gold because of BIG PROBLEMS in the global economy and the banking systems. Here's the details...

Rick Rule tells Silver Doctors the dollar strength has more to do with the weakness of competing currencies than actual strength. Here's more...

Last month, we reported on troubling signs in the corporate bond market. According to Moody’s, the majority of US companies have a “speculative” credit rating. They are considered high risk. As a result, their debt is “high yield” or “junk. When you combine leveraged loans and junk bonds, the total level of "junk" debt in the US marketplace comes in at around 37%.
In a recent article, investment guru and economic analyst Jim Rickards said we may soon face a devastating wave of junk bond defaults.
 The next financial collapse, already on our radar screen, will quite possibly come from junk bonds."

Some people claim gold isn't "sound" money any more than dollars or euros. They argue that the gold supply can be inflated just like a fiat currency. After all, gold is constantly being pulled out of the ground, right? They say a gold standard actually makes the boom-bust cycle worse. But commentators who make this claim miss a number of important points.

"Son, everyone knows what BS is. Well, MS is just more of the same. At the top designation is PhD, meaning piled higher and deeper!” There is no end to the verbal gymnastics and financial trickery corporations will engage in to get you to believe conducting aggressive buybacks in the most overvalued stock market ever is a good idea.

Marshall just sent us an update for Thursday afternoon, fresh off the presses Marshall says another smash is coming. Here's the details...

Venezuela takes action to avoid sanctions and the US-centric Western financial systems. Here's the details and why it matters...

Welcome to immense long-term debt, relentless upkeep and repair costs you never had to think about as a renter, an inability to move if you can't sell at the price you want, gutted retirement savings you raided for that down payment, lots of chiseling, pure-profit-for-them, no-value-for-you bank/realty fees...for starters.

Steve says the days of bargain basement prices for gold and silver will soon be gone forever. Here's the details...