Precious metals news

Economic Growth Chokes On Massive Debt Increases

"Sadly, based on the tremendous anger and open hostility displayed in your most recent statement, I feel it is inappropriate, at this time, to have this long-planned meeting," Trump wrote in the letter, which was released Thursday morning.

"Number 6: Central banks are adding to their bullion reserves. Since 2010, global central banks have been net buyers of gold as they move to diversify their reserves, with net purchases totaling 371 tons in 2017"

"The fundamental drivers of American inflation are arguably as strong or even stronger now than they were in 1968."

Gold gains early Thursday, extending the modest rise from after-hours trading Wednesday when the latest glimpse into Federal Reserve thinking backed longstanding market expectations for an interest-rate hike next month.

"this country could soon overtake Germany as the 2nd largest holder of gold on earth, and their gold is more important than..."

"The LME, which is owned by Hong Kong Exchanges and Clearing (HKEX), currently allows traders to use the Chinese currency as collateral."

The investigation is focused on illegal practices that can influence prices -- such as spoofing, or flooding the market with fake orders to trick other traders into buying or selling

"National security is broadly defined to include the economy, to include the impact on employment," Commerce Secretary Wilbur Ross says.

North Korea’s senior envoy for U.S. affairs renewed a threat to call off a planned summit with President Donald Trump and warned that Pyongyang could “make the U.S. taste an appalling tragedy it has neither experienced nor even imagined.”

President Donald Trump’s push for tariffs on imported cars and trucks threatened a shake-up of the global auto industry while motivating nations including China and Germany to reiterate commitments of varying strength to free trade.

The move comes as Germany's biggest lender attempts to return to profitability.

"a scandal like this could undermine credibility in the entire BOJ. The central bank is supposed to..."

During a recent trip to her hometown, my wife spent some time rummaging around in a vacant house her grandparents used to live in. Up in the attic, she made a find that vividly demonstrates the wealth-preserving power of silver.

As Peter Schiff said during his recent speech at the Cambridge House International Mining Investment Conference, "Everything feels good until the party’s over. Nobody wants to question it. Nobody wants to rain on the parade.”
But every once in a while, you might overhear a more sober party-goer suggest, "Hey, isn't it getting close to time to go home?
Border Capital CEO Michael Howell is that guy. During an interview on CNBC's Squawk Box, he said investors should sell stocks because a correction is coming. He's raised a rare voice of concern among a mainstream still caught up in party mode.

I was inside the Fed for almost a decade & have never seen such a blanketed propaganda campaign to come out with a new way to explain inflation

Gold prices rose on Wednesday as the U.S. dollar backed off its highs against a basket of currencies while investors interpreted minutes from the U.S. Federal Reserve's latest policy meeting as dovish.

"In Q1, the delinquency rate on credit card debt at banks other than the largest 100 – so at the 4,788 smaller banks – spiked to 5.9%, higher than at the peak during the Financial Crisis."

"Numerous times over the past 20-years the ratio has found this level to be support, where a rally in the ratio took place, reflecting strength in Silver over Gold."