Bitcoin declined for a fifth day and led cryptocurrencies lower as a global equities selloff deepened and investors migrated to havens.
Stock markets were routed around the globe on Monday, with European indexes opening lower and bond yields rising as resurgent U.S. inflation raised the possibility central banks would tighten policy more aggressively than had been expected.
Lynette says that when the next financial crisis hits, its over for the fiat system. Here's why, but more importantly, what to do about it...
"markets that have gone into "blow-off mode," the most dangerous period is where investors suddenly realize..."
David Morgan is very motivated with this recent news. Here's what it means for gold & silver investors...
Craig Hemke says this is going to be a good year for the commodities in general, and precious metals specifically. Here's the details...
The Royal Mint becomes the next sovereign mint to announce a gold-backed crypto. Here's the details...
"The government will also establish a consumer friendly and trade efficient system of regulated gold exchanges in the country". Here's more...
Chris Powell says that the world will learn on its own, whether governments return to a gold standard or not, that gold and silver are the best currencies...
The SchiffGold Friday Gold Wrap podcast combines a succinct summary of the week’s precious metals news coupled with thoughtful analysis. You can subscribe to the podcast on iTunes.
This hasn't been a great week in the cryptocurrency world. Facebook announced it is banning all ads that promote cryptos, including Bitcoin. According to Zuck's people, Facebook has to protect users from "financial products and services frequently associated with misleading or deceptive promotional practices.” By that rationale, Facebook should probably ban all political advertising. At any rate, the announcement sent the price of Bitcoin spiraling downward yet again. It is below $8,000 as I write this.The Indian government added fuel to the fire, announcing it wants to "stamp out cryptocurrencies." I say good luck with that. It will never happen. But I'm sure the government will make a lot of people miserable in the process.So, anyway, a bad week for Bitcoin. And I've got some news that's going to make it even worse for some of you crypto fans out there.
It's no secret that 2017 was a down year for the precious metals market in the United States. Looking at US Mint sales figures tells the story. In 2016, the mint sold nearly 1 million ounces of American Gold Eagles. Sales figures in 2017 came in at just over 302,000 ounces.Meanwhile, demand for gold surged in China last year. Imports of gold into India increased. So, what's up with America?In two words - Donald Trump.
SD Friday Wrap: Is the Deep State collapsing the economy to slow-burn President Trump? Regardless, the markets look dire. Very dire...
The Dow Jones Industrial Average on Friday was on track to shed more than 1,105 points for the week, which would be its steepest weekly slide since Oct. 10, 2008
In addition to deadlines on the Federal Budget and DACA, Congress also has to deal with the debt ceiling at some point in the next month.
Bank of America Corp. just became the largest U.S. lender yet to bar customers from using their credit cards to buy cryptocurrencies.
Buying silver bars is a shrewd investment decision. Silver bars come with lower premiums than coins, are easier to store, and will rise a greater percentage in price than gold bars. But what exactly should you buy? And where? This guide will answer all of your questions about the best ways to buy silver bars.
With the markets in turmoil and gold & silver whacked as usual, Eric Sprott is pretty worked up today. Here's an update...
Inflation pressures will, inevitably, return. And when they do, it will eventually mean more than raised rates.
Gregory says it's a bloodbath in the bond & stock markets, and when the stock market crashes, it's not getting back up in our lifetimes. Here's why...