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A resurgent dollar and higher borrowing costs are smashing through Argentina and Turkey's currencies like a wrecking ball and raising the likelihood more broadly that emerging markets' three-year long interest rate cutting cycle is at an end.
"Sovereign debt now exceeds $21.2 trillion, or 106 percent of the GDP."
Dave Kranzler says between the fundamentals and the technicals the "planets are aligned for a big move in the precious metals sector". Here's why...
In Venezuela 6 eggs cost 300,000 bolivars. Monthly minimum wage: 392,646 bolivars.
Freed from public accountability, the ECB's decisions have been swayed by its management's ideological preferences and by national interests.
Market players are closely monitoring data in the euro area over the next few weeks to see whether the European Central Bank (ECB) might be forced to extend monetary stimulus.
    Argentina May Be Headed for Another Currency Crisis
May 8, 2018 - 04:50:18 PDT
Argentina’s reliance on U.S. dollar funding, coupled with the depreciation of its own currency is sending the country in to the all-too-familiar direction: financial turmoil.
The Federal Reserve’s gradual push towards higher interest rates shouldn’t be blamed for any roiling of emerging market economies, which are well placed to navigate the tightening of U.S. monetary policy, Fed Chairman Jerome Powell said.
"most gold bulls are disappointed by the inability of gold to break out, I am heartened by the fact that even with the massive increase in real yields..."
SRSrocco says that over the last sixteen years, central banks have gone from being net sellers to net buyers. Here's how this has impacted the market...
Mining companies haven't been investing in exploration, and they've been high-grading their mines. Here's what it means for the price of gold...
    Gold Traders' Report - May 7, 2018
May 7, 2018 - 15:26:30 PDT
Gold was unable to take out its prior high and stabilized between $1313 - $1314.50. It was unchanged at $1314 bid at 4PM.
The Federal Open Market Committee met last week. As expected, it left interest rates unchanged. But the FOMC made an interesting comment that indicates that it may be willing to "tolerate" higher inflation.
That might be all well and good for central bank policymakers, but just how willing are you to "tolerate" higher inflation?
Industrial silver demand rose, US silver jewelry sales were solid, and mine supply fell in 2017.
The Silver Institute highlighted silver supply and demand trends from its World Silver Survey 2018 along with some new technological innovations utilizing the white metal in its latest edition of Silver News. 
    Fed Sticks With Gradual Hikes, Gold Prices Climb
May 7, 2018 - 13:39:56 PDT
Since 1995, news.GoldSeek.com publishes the leading gold news commentaries, gold market updates and reports providing gold investors with the most updated gold and silver prices, news & precious metals information!
Keith says that gold may hit some of the Goldbugs price predictions, but not right away. Here's why not...
    The Giant Sucking Sound of a Debt Spiral
May 7, 2018 - 13:26:18 PDT
The new normal is trillion-dollar annual budget deficits and trillion-dollar increases in the debt.
    Lies About Gold: 10 Myths About Investing in Gold
May 07, 2018 - 21:26:18 CEST
Gold has been around for thousands of years, and most everyone knows it is both beautiful and valuable. However, there are still some misconceptions about the realities of investing in it. Some perceive it only as an option for the wealthy, or think that it’s hard to buy. As we’ll show, both of these myths, and many others, simply aren’t true.
    Kyle Bass: Inflation Will Be a Global Phenomenon
May 7, 2018 - 12:25:07 PDT
Hayman Capital Management founder Kyle Bass explains why real inflation will occur globally.
"Silver technicals are so positive that you have to wonder if there’s a catch, though what that would be isn’t obvious."