Precious metals news

Negative interest rates won’t save the day.

Harry Dent says he agrees with 50% of what the Gold Bugs say, but gold is still going much, much lower. Here's why (plus a rebuttal)...

Global Economic Briefing: Central Bank Balance Sheets

Short sellers and derivatives traders are betting Deutsche Bank's share price recovery will prove temporary, with data suggesting short interest in the German lender is the highest of any global bank.

Morgan Stanley

Howard Schultz, Starbucks' outgoing executive chairman, described the $21 trillion-plus national debt as a "cloud" hanging over the country that could be hugely consequential to future generations — especially when coupled with rising interest rates.

With the economic indicators turning down at the same time as political uncertainty has spiked higher, the eurozone’s outlook has darkened dramatically

"We are bearish on financial assets as the US economy progresses toward the late cycle, liquidity has been removed, and the markets are pricing in a continuation of recent conditions despite the changing backdrop."

The total U.S. public debt hit a new record high of $21.145 trillion on the last day in May.  As the U.S. debt increased, so did the interest expense which jumped by more than $26 billion in the first seven months of the fiscal year.  That’s correct; the United States government forked...

Michael Tubbs, the mayor of Stockton, Calif., is planning to offer a “no strings” guaranteed basic income of $500 a month to residents in an effort to combat poverty in the city.

Italy's PM Conte: To Pass Universal Basic Income Tool - BREAKING Italy's PM Conte: Seeks Fairer Tax System BREAKING Italy PM Conte: Fiscal Policy, Public Spending Must Be Aimed At Ensuring Stable, Sustainable Growth BREAKING Italy PM Conte: Confident Of...

In addition to a $585 million fine for the foreign bribery case, Société Générale will pay $275 million for manipulating the London InterBank Offered Rate

China’s banks, scrambling to adjust to the government’s deleveraging campaign, are likely to add to pressures on the corporate bond market as they shed more of their massive note holdings and de-risk their balance sheets.

It will be hard for the euro to break free.

Trump is headed for a showdown with America’s allies at a Group of Seven summit this week.

Not only is the debt outstanding larger, but the credit ratings have shifted downward on leveraged loans. Lower credit ratings mean a higher percentage of the outstanding debt will default when liquidity dries up.

Join Mike Maloney as he takes a look at the recent actions of several governments in regard to trade tariffs. Is this a case of ‘an eye for an eye makes the whole world blind’?

Dave Kranzler says while it may feel like gold & silver are going nowhere, the metals are staging a very powerful bull pattern. Here's why...

Not everybody in the mainstream is bullish on the dollar and expecting rate hikes as far as the eye can see. In fact, the global head of commodities at TD securities sounds a little like Peter Schiff.
In his podcast last week, Peter said that the recent dollar strength is nothing more than upside correction in the midst of a bear market, emphasizing that the primary trend is down. He also said he thinks the Fed may be near the end of its hiking cycle.

Up until 1964, silver was literally money in the United States. Dimes, quarters and half-dollars were made from 90% silver. Looking at the value of these silver coins today reveals just how much the US government and Federal Reserve have devalued American money.
Gold tends to get more attention than silver, but the white metal still shines and some analysts believe it is poised to out-perform its big brother. Based on the historical silver/gold ratio, silver is currently significantly undervalued compared to gold.
So, could silver outshine gold in the wake of the next economic crisis? Analyst Dan Kurz thinks it might, and he builds the case in his latest in-dept analysis at DK Analytics.