Precious metals news

From there, credit problems spread to less fragile consumers.

Reuters flashed this headline: "Manhattan apartment sales plummet in January to 2012 low"  That is not all that surprising since 2012 marked the last time that US Core Price price growth {YoY) exceeded 2% since 2008. In other words, the last time the US had 2% core inflation. And Manhattan's apartments are seeing a large…

We now face a potential economic catastrophe as the long period of very low interest rates comes to an end.

The No. 1 reason most people cite for not stashing more away for retirement is that they don't earn enough to save.

Powell: "This has all the potential of being a pretty significant financial stability problem."

Why should we expect government-provided inflationary numbers aren't self-serving?

"If the Fed continues on the things that they are sort of planning on doing, it's going to be a calamity,"

Keith is not out touting a $10,000 gold prediction today, but he says if gold is in fact going to $10,000, this needs to happen...

Gold prices snapped back Tuesday as the dollar fell. Stock gains — seen as investors took heart in some trade-war pushback and reports of continued talks on the Korean Peninsula — limited the metal’s upside.

"The most extremely overextended conditions we’ve ever observed in the historical data."

San Francisco Fed research says this time still not different. Negative curve has predicted all nine recessions since 1955

Mario Draghi has just received a triple whammy of evidence to justify playing it safe when he meets with fellow European Central Bank policy makers this week.

The chief regulator for the U.S. Federal Reserve said Monday the nation's regulators are actively considering a significant rewrite of the "Volcker Rule."

Silver demand from industrial applications, about 60% of total demand in 2017, is expected to continue to grow this year, according to the Silver Institute. Because of silver’s excellent electrical conductivity, demand is forecast from the automotive segment as vehicles become more electri ed and computerized.

North Korea is willing give up its nuclear weapons if the safety of Kim Jong Un’s regime is guaranteed, South Korea said, boosting pressure on the U.S. to agree to peace talks.

In this combined update for precious metals and the crypto sector, Mike Maloney explains an event that he has never seen before - is it evidence that silver prices might finally be unshackled? Then some big news for those who have been asking about Hashgraph (featured in Hidden Secrets of Money Episode 8). The Hashgraph website has been changed to a countdown clock, indicating an announcement next week. Could this be the start of an open-source public ledger for this ground-breaking new technology?

It looks like Donald Trump is launching a full-blown trade war. Not to worry though. According to the president, a trade war is "easy to win."
When a country is losing many billions of dollars on trade with virtually every country it does business with, trade wars are good, and easy to win. Example, when we are down $100 billion with a certain country and they get cute, don’t trade anymore-we win big. It’s easy!"
Peter Schiff has a little different take. He said in his podcast last week winning a trade war isn't so easy. In fact, America can't do it.

In a podcast last week, Peter Schiff said rookie Federal Reserve chair Jerome Powell couldn't be more wrong about the economy. He sees smooth sailing ahead. Peter sees a storm.
Former Reagan Office of Budget Management director David Stockman made a similar observation in a column last week.
What’s ahead is tumult, not smooth. That’s because the disconnect between a flat-lining main street economy and Wall Street’s bubble-ridden financial house of cards is blatantly unstable and unsustainable. Indeed, this fraught condition, which Powell and his Keynesian posse fail to see, will soon give rise to a thundering upheaval triggered by the Fed’s own action."

Gold was a little choppy overnight, trading in a range of $1321.60 - $1327.80.

Mike Maloney revealed that he recently made a large purchase of silver because of how undervalued it is. And he bought silver instead of gold because of how high the gold/silver ratio is.If you want to mimic Mike’s purchase of silver while it’s still undervalued, history says you only have 27 days to do so.