Precious metals news

"With a 3% interest rate increase and no discount for inflation, total national debt is up to the fantastic sum of about $138 trillion by 2047."

If you recall 2002 was the start of the last Gold Bull Market

Eric says gold & silver have severely lagged since 2011, so this time around, they're not going to fall first with the broader markets. Here's more... 

"How in the world are taxpayers going to fill this $49 trillion funding gap, which is above and beyond the exploding national debt?"

"The US will issue new debt at an accelerating rate to pay the old debt...but this has been the 'end times' for every empire."

Former FDIC chair Sheila Bair isn’t too worried about the mania surrounding & cryptocurrencies ​and sees no reason why bitcoin and its brethren should be outlawed.

Tehran has announced that purchase orders by merchants that are based on US currency would no longer be allowed to go through import procedures.

History's best store of value has proven it can easily withstand any short-term phenomena.

The proof is in the pudding, the Fed buys over a $billion dollars in TIP's (Treasury Inflation-Protected Securities)

As tightly as the Fed has attempted to control markets is as tightly as inflationary pressures are now coiled.

Gold prices recovered on Friday as the threat of a global trade war pushed stocks & the dollar lower, sparking demand for assets such as precious metals...

If tariffs he wants, well, tariffs he gets, and gold & silver are gonna love it. Here's why...

Despite rising interest rates, Americans are borrowing more than ever to buy new and used vehicles.

"Any rise in short-term borrowing costs on dollar markets resets rates on $5 trillion of dollar banks loans."

LONDON (March 2): Gold prices rose on Friday as the threat of a global trade war pushed shares and the dollar lower and spurred demand for assets such as bullion that are seen as safer investments.

Confirmation delays also collapsed, Blockchain.info data show

NEW YORK: Stocks tumbled on Wall Street while the U.S. dollar fell on Thursday after President Donald Trump said the United States would impose tariffs on steel and aluminium imports, sparking fears of a harmful global trade war

The new Fed chairman has swooped into Washington D.C. like a hawk this week.
In his first testimony before Congress, Powell talked up the economy. He's also indicated he plans to continue pushing interest rates higher. In fact, many analysts are now talking about four rate hikes in 2018, with the first on tap for this month. Powell said his personal outlook for the economy has strengthened since December, and he sees little risk for a recession.
In his latest podcast, Peter Schiff said Powell couldn't be more wrong.

The federal debt keeps climbing upward and there is no indication that this has raised even a slight concern in Washington D.C.
We've been focusing a lot on the federal debt in recent weeks. We've explained that debt is a cancer on economic growth. We've raised the question: who is going to buy all of the Treasuries the government will have to sell to finance all of the debt. And we've talked about the impact of rising bond yields on the US budget as the cost of servicing the massive debt rises.
There's a lot of bearish economic news when you factor the federal debt into the equation. But the spiraling debt might actually be bearish for gold. In fact, over the last two decades, there is a positive correlation between increased federal debt and the price of gold. 

The federal reserve is raising interest rates and unloading trillions in their US debt holdings. Countries that normally buy our bonds are slowing down their purchases or reducing their holdings. With fewer buyers, what happens if interest rates continue to [...]