Precious metals news

U.S. stocks opened lower on Tuesday after disappointing results from Pfizer, while concerns about inflation, rising costs and protectionist policies remained.

"The magic is now over and the secular payback period is arriving."

U.S. government debt prices slipped into negative territory on Tuesday.

Last year, the U.S. exported $2.3 trillion worth of goods to international customers.

"Volume indicators have been advancing strongly and recently advanced to new highs."

The European Central Bank’s struggle to revive inflation was highlighted again on Monday, and it won’t get any easier, according to one analysis that points the finger at digitization.

"He believes gold prices will rally further, reaching $1,800 per ounce."

"The stock market, despite all of the gyrations, is still at an all-time high. Real estate is priced to perfection"

Both actual measures of inflation and market expectations have been rising. The breakeven rate signaled by 10-year inflation-linked Treasuries this month reached its highest since 2014.

"With the price down close to support and the continued volume buildup, silver looks like a coiled spring here."

Gold & silver have just ended their two historically worst performing months of the year (March & April). Here's what it means as we move into summer...

"If Harry Dent took the time to look at one of the charts...he would see that the gold price never fell below the..."

Alan Newman has forecast the historically overvalued U.S. stock market to drop by 50%. Here's the implications of such a crash...

Bernie Sanders wants everybody to have a job with health benefits paying $15 per hour. Most people would like to see that happen. But Bernie is willing to put your money where his mouth is. He's come up with a plan guaranteeing every American worker “who wants or needs one” such a job. Here's how the Washington Post described the proposal.
Sanders's jobs guarantee would fund hundreds of projects throughout the United States aimed at addressing priorities such as infrastructure, care giving, the environment, education and other goals. Under the job guarantee, every American would be entitled to a job under one of these projects or receive job training to be able to do so, according to an early draft of the proposal."
According to a representative from Sanders' office, the senator has not come up with a cost estimate for the proposal or decided how a government this is more than $21 trillion in debt would fund such a program.
As Peter Schiff put it in his latest podcast, B...

About a year ago, the IMF published a creepy paper offering governments suggestions on how to move toward a cashless society even in the face of strong public opposition. It hasn't been in the news a whole lot lately, but the war on cash undoubtedly continues.
Governments and central bankers claim moving toward a cashless society will help prevent crime and will boost convenience for the average citizen. But the real motivation behind the war on cash is control over you. We got a first-hand look at what happens when governments restrict access to cash when India plunged into a cash crisis after the Indian government enacted a policy of demonetization in November 2016.
Andy Haldane serves as chief economist and the Executive Director of Monetary Analysis and Statistics at the Bank of England. He proposed the elimination of cash during a speech in the fall of 2015. Durham University professor of finance and economics Kevin Dowd has written a paper titled Killing the Cash Cow: ...

Gold faded back to $1315, where the old double bottom support held. It was $1315 bid at 4PM with a loss of $9.

This clip is taken from an interview Mike Maloney conducted with Trace Mayer for the eighth episode of his Hidden Secrets of Money series. It is still one of Mike's all-time favorite quotes on the importance of Bitcoin, but due to time constraints, it was not included in the final edit for the episode. Watch the full video here.

"The continued efforts by the ECB, BOJ and Swiss National Bank to keep their overnight rates at crisis-era levels is increasing concerns around the globe that central bankers in general do not have an exit strategy."

as the department increased its cash buffer and prepares for widening budget deficits.

"The pressure for a full, independent audit of all US gold reserves has always been resisted by the government."