Precious metals news

Gundlach noted the current economic expansion is one of the longest in history. He cited how in previous cycles commodity prices surged higher by 100 percent, 200 percent, ​and even 400 percent during this stage.

"The Fed is quite likely to require large-scale asset purchases again... and if LSAPs are indeed not effective, then the Fed may need to take other measures."

Consider that high yield credit or Junk Bonds (HYG) have lead stocks from the January ’16 lows. HYG also peaked and rolled over before the S&P 500 during this recent meltdown

Gold & silver are set to take center stage as commodities enter a cyclical bull market

...they will blow up global bond markets

Even $500 per month would cost as much as the entire federal budget outside Social Security, Medicare, defense, and interest payments.

Long-end yields advance shows concerns of inflation heating up

“Mnuchin: policies will raise wages w/out inflation. Yeah, sure,” Gundlach the billionaire bond manager wrote on Twitter Thursday evening.

It remains to be seen how well the global financial system as a whole would respond after years of quite a range of unconventional tools.

Here's one important fact that has been left out of the conversation about cryptos & precious metals - you literally can not have cryptocurrencies without silver.

Dan Dicks of Press For Truth speaks with Mike Maloney host of "Hidden Secrets Of Money" about the potential that blockchain tech has to move us "towards the liberation of mankind"

"I have a surprise that I will launch next week, the Petro Oro [gold], backed by gold, even more powerful.”

"Only three countries in the top 10 have increased their holdings materially in recent years..."

During a podcast last month, Peter Schiff asked a key question: who is going to buy all of the debt necessary to finance the ballooning US deficit?
In his most recent analysis, Dan Kurtz at DK Analytics explores this question more in-depth and comes to generally the same conclusion.
The dollar has lost more than 8% of its value over the last year. That decline may accelerate as bond investors sell ahead of a huge expansion in Treasuries coming into the market. Interest rates will have to climb significantly. The price of bonds will drop. As Dan put it, where bonds go, stocks follow.
We've excerpted some key points from Dan's report.

The stock market plunge earlier this month reminds us why we should buy gold.  As a report released by the World Gold Council shows, gold acted as a portfolio hedge during the brief downturn. The price of gold rose as stocks sold off; as stocks partially retraced their losses, gold trended lower.
But gold's effectiveness improves when market corrections are wider or sustained for longer. In our view, the recent selloff is a good reminder that gold can deliver returns and reduce risk in portfolios."
This is some food for thought especially in light of the fact we are ripe for a 1987-style market crash.

Bulls were pleased with today’s advance, especially since the US 10-year bond yield made a fresh 4-year high and finished over 2.90%, and stocks gained.

"Average interest rates for conforming mortgages may well be around 6% by year-end."

"You need to prepare for rate cuts into negative territory – because that’s what’s coming next."

70% odds of a recession in the next two years.