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Precious metals news

    FHFA Proposed Rule On Enterprise Capital
Jun 12, 2018 - 10:59:05 PDT
(Fannie Mae, Freddie Mac, 2.5% Of Total Assets); Is It Enough?
That's a lot of Silver. “Solar has become a common-sense option for much of the U.S., & is too strong to be set back for long
    The US Deficit Is Not Financed by Foreigners...
Jun 12, 2018 - 09:56:20 PDT
it is financed by American investors
Steve St. Angelo says "Harry Dent is forecasting in a vacuum, or without the most crucial component..." Here's the details...
    ECB's Mario Draghi Has Run out of "What Ever It Takes"
Jun 12, 2018 - 08:35:42 PDT
The Eurozone’s Coming Debt Crisis
The Fed will now HAVE TO “walk back” its QT program as well as its intended rate hikes for this year. The alternative (a deflationary crisis in emerging markets that will eventually seep into the US) is too ugly.
Politicians will employ drastic short-term measures (and fiat currency manipulation, by definition, is a doomed-from-the-start short-term measure) that are incalculably damaging to countries and societies over even the medium term.
It’s time to review the world’s capacity to respond to crises.
Gold & silver were hit in the thinly traded pre-market this morning. Here's why it happened, and why the metals have already recovered...
    Venezuela's Hyperinflation at New Dizzying High
Jun 12, 2018 - 06:55:27 PDT
Venezuela's sky-high inflation soared to 24,571 percent in the past 12 months, lawmakers said Monday.
Inflation is now strong enough that even the heavily massaged CPI metric is showing it well above 2%. Indeed, based on this morning’s release, the CPI is rising at its fastest pace in six years. Year-over-Year, CPI is rising 2.8%. Bear in mind, this metric doesn’t include food prices, energy prices, and other important factors… …
The most accurate stock market predictor there is now says the S&P 500 will return -2.5%, on average, for the next 12 years. Warren Buffett’s favorite valuation tool says the market has never been more overvalued than it is right now.
U.S. inflation accelerated in May to the fastest pace in more than six years, reinforcing the Federal Reserve’s outlook for gradual interest-rate hikes while eroding wage gains that remain relatively tepid despite an 18-year low in unemployment.
The Fed this week could be in the uncomfortable situation of signaling that a recession is coming.
Marshall says a total currency collapse will cause all trade and economics to come to a total halt in less than one hour. Here's why...
Whatever Mario Draghi says about the European Central Bank’s bond-buying program this week, he’s not likely to provide much more clarity about his plans for interest rates.
IMF chief Christine Lagarde led an attack by global economic organizations on U.S. President Donald Trump's "America First" trade policy on Monday, warning that clouds over the global economy "are getting darker by the day".
    Dollar Reverses Gains as Traders Eye Fed, ECB
Jun 12, 2018 - 04:46:42 PDT
"Markets have a risk-on tone as the Trump-Kim meeting has sofar produced much positive symbolism, but little in the way ofsubstance,"
Markets will be reacting to the meeting between North Korean leader Kim Jong Un and U.S. President Donald Trump in Singapore. The two signed a “very comprehensive” document, but did not share any details.
"it might currently “feel” like the price of gold is going nowhere, but beneath the surface gold (and silver) have been staging a powerful..."