Precious metals news

"Don’t believe that the dollar in any way should be proud over its outperformance against the Bolivar and Peso. Since 1999 the dollar is..."

"they took a shot across bears’ bow with a $328 thrust in 2016 that tripped a theoretical long-term ‘buy’ signal at the..."

Marc says he's a buyer of gold here, and while gold hasn't taken off like a rocket, gold has done very well, and will continue to do well. Here's why...

Jesse Felder, formerly with Bear Sterns, joins Silver Doctors to sound the alarm we're headed towards the "perfect storm for gold."

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.

I always enjoyed watching the TV show, Dirty Jobs. Mainly because it made me feel better about sitting at a computer writing stuff all day. It can be monotonous, but it certainly beats inspecting sewers, or wrangling snakes, or chicken sexing.
But what if the payoff for your dirty job was gold? Would you consider it?
Some people in India do. They scavenge through, dust, grime and sewage on Mumbai's streets to collect gold.

Chinese and Indians love gold. It is not only considered an investment and a way to protect wealth. The yellow metal also weaves itself into the cultural fabric of both countries. Gold is often given as gifts at weddings, and during other holidays and festivals. This affinity for gold has led some to dub a major component of overall demand for the yellow metal in India and China the "love trade."
According to an article published in Forbes, the love trade is looking pretty good for the rest of 2018. This bodes well for overall gold demand, as China and India rank as the No. 1 and No. 2 gold markets in the world. 

"This was the formative decade for millions of gold-bugs. To see it repeating is bittersweet to say the least." Here's the details...

Two Czech parties that have proposed working together in a ruling coalition pledged to keep the country out of the euro area....

Gold traded higher overnight in a range of $1318.50 to $1325.95 to reach a 2-week high.

"The Great Recession of 2008-2009 was the worst since the Great Depression of 1929-1933."

"The perception of a rising dollar isn’t supported by reality – only misconception – and once the market realizes this, it will continue its downtrend to new mulit-year lows."

"Not domestic banks, not domestic pensions, not insurers, not state or local governments...no it's mutual funds assisting the massive bid."

"One explanation to gold’s resilience relative to USD is that the recent pick up in USD momentum had been boosted by the selloff in emerging market currencies."

Most Americans don’t know, but the housing market is heading toward another epic bubble.  However, the bubble forming today is much different than the subprime housing meltdown in 2007.  Back in 2007, there was an oversupply of homes, whereas today there is a shortage.  With more buyers than sellers bidding up prices,...

"It’s been a spectacular week for gold and silver, and once again Eric stops by to share his thoughts on the global economy and recent trends."

"The UIG derives trend inflation from a large set of data that extends beyond price variables. Additionally, it has shown higher forecast accuracy than traditional core inflation measures."

"You just don’t lend Argentina’s government money. Not in its own currency, because it relentlessly destroys that currency, and not in a foreign currency, because it will default on it. Lending money to Argentina is like trying to run across a 16-lane freeway with traffic zooming by at 70 mph. You just don’t do it."

Gold and Silver will soar beyond belief as a result 2020/21

"Powell's speech was a 'don't blame me for this' episode."