Precious metals news

For the quickest, sure-fire way to get caught moving gold illegally across borders, here's about as textbook as it gets...

Michael Ballanger says even the Millennials and Gen-Xers are coming back to gold & silver. Here's why...

The Babylon Bee captured the current state of the Republican Party in all of its hypocritical glory. The satirical website proclaimed "Republicans announce plan to pretend to be fiscally conservative again the moment a Democrat takes office."
The GOP said it would begin to decry deficit spending and the $20 trillion debt in order to win votes as soon as political power swung back to the opposing party.
"‘The second a Democrat is back in the White House, we will once again start yelling about fiscal responsibility,' Speaker Paul Ryan said in an address to the House of Representatives Friday. ‘For now, we will continue to vote for unsustainable and irresponsible budgets that your children’s children’s children will pay for for centuries to come.'”

Gold supply plateaued last year. Global mine output rose just a paltry 5.7 tons in 2017, according to data compiled by the World Gold Council. That represented the smallest increase since 2008.

Gold remained nervous and choppy overnight along with other markets in a range of $1316.05 - $1326.75. The yellow metal shot to its high early during Asian hours, taking out the double top at $1322-23 while fading a drop in the dollar from 90.35 – 90.07.

Keith says gold is the center of the monetary universe, and those who fail to understand will not grasp what's happening when the currency goes off the rails...

Buying gold and silver online has never been easier than it today. The popularity of online shopping has given rise to online payment platforms like Paypal and Venmo to simplify the payment process when buying online.

"America is almost sure to face economic, financial, and social calamity in the near term."

According to the Trump Budget released today, total US debt is forecast to rise from $20.5 trillion today to an unprecedented $29.9 trillion in 2028.

...a plan Congress is expected to all but ignore that would slash entitlements and other domestic programs in favor of higher spending on the military and immigration enforcement.

"Frankly, it seems to be inappropriate oversight to not be talking about the chances of a recession and what that recession might look like prior to the next election."

"On the weekly chart there is now a clear head and shoulders bottom pattern in play. A break above the neckline would confirm the pattern and project an eventual target near $1,650."

Bill Holter says there will be a failure to deliver on the COMEX, and when that happens, the price suppression jig is up. Here's the details...

The recent gut-wrenching drop in asset prices began on the first day of the job for new Federal Reserve Chairman Jerome Powell.

So, what is left? Buy gold

2-year Sovereign Yield Hits 208.6% As (CDS Exceeds 10,000). Venezuela’s Senior Credit Default Swap (CDS) is now over 10,000. And their sovereign yield curve is REALLY inverted.

As Fed Unwinds Balance Sheet (More Cowbell?) The Fed took a breather last Thursday and took a pause from their typical rotation of selling Treasuries one…

The markets have changed and many are going to get “taken to the cleaners.” Last year, 2017, was a not a normal year for stocks. Stocks as an asset class are not meant to go straight up without even a 1% pullback. But that is precisely what happened for nearly an entire year. Now that

According to the summary, Trump will urge an increase in defense spending to $716 billion and a 2.6 percent pay raise for troops. He will request $18 billion to build a wall on the Mexican border, the summary indicates.

U.S. financial markets remained on shaky ground after the worst week in two years, as equities gave up early gains and Treasuries erased losses.