Precious metals news

" I don’t think that we are at a stage where we consider the timing for a so-called exit or how to deal with it,"

The two largest foreign holders of the US debt, China and Japan, reduced their holdings of US government bonds in November compared to October. While many are

Stock markets might be continuing their run higher this year but Nobel Prize-winning economist Robert Shiller told CNBC Tuesday that a market correction could come at any time & without warning.

All the market indicators right now look very similar to what we saw before the Lehman crisis

It was revealed that bankers at the 300-year-old British bank Barclays manipulated LIBOR to their own advantage. But the rabbit hole went much deeper. In the end, Barclays (BCS), Citigroup (C), Deutsche Bank (DB), JPMorgan Chase (JPM), and UBS Group (UBS) collectively paid $9 billion in fines

Global finance executives warned of parallels between today’s soaring stock markets and the froth of the pre-crisis years as they said investors could be wrong-footed by central banks raising interest rates.

Amidst the euphoria over fresh record highs in U.S. stocks, Societe Generale SA is among a few investment firms now highlighting warning signs for investors.

Charles says "this is one reason why I anticipate "unexpected" disruptions in the global economy in 2018.". Here's the details...

"The weakness in the dollar appears to reflect a longer-term trend going back to the mid-1980s as the chart below indicates...the other development..."

Ten-year bond yields have hit their highest level since July 2014.
Meanwhile, the stock market has gone up about 45%  since that time. Contrast that with earnings that have increased just 6%. As Peter Schiff pointed out in his most recent podcast, a lot of the justification for that increase in stock market valuation has been lower interest rates.
Well, they're not lower anymore. They're back exactly where they were in July 2014. But what's more ominous is not where they are but where they're headed."

We've written extensively about the stock market bubble blown up by artificially low interest rates and Federal Reserve quantitative easing. But stocks aren't the only asset bubble out there. In fact, 2017 may go down as the year of the bubbles. And the new housing bubble is one that seems to be floating under the radar.
Financial manager James Stack has noticed it. He predicted the housing crash in 2005, and he told Bloomberg the housing market is flashing red again.
It is 2005 all over again in terms of the valuation extreme, the psychological excess and the denial. People don’t believe housing is in a bubble and don’t want to hear talk about prices being a little bit bubblish.”

Last week, I showed you several charts that prove a powerful gold bull market is back. Today, I'm here to show you that it's got good company. Read on →

The ruble can play a greater role in the former Soviet republics, according to the Central Bank of Russia. The Russian currency is seeking to compete with the US dollar in trade with the Eurasian Economic Union & CIS countries.

This is a first step in the true internationalization of the yuan. The Bundesbank has also converted a small portion of their reserves.

Over the last year, we've seen a strong trend develop at GoldSilver.com: more and more crypto investors are diversifying into precious metals by buying physical gold and silver with Bitcoin. In his latest video, Mike Maloney explains why he feels this is happening, and why it is a good thing.

As (some) White House-linked (or favouring) economists lament the Fed's QE (& there are reasons to lament it), one thing is clear: the unprecedented monetary policies of the recent years have achieved two things:

When it come to the question of gold price suppression, this former Fed insider says "there was nefarious warehousing". Here's what else was said...

Some nasty polling data out of Gallup about American global leadership that may explain, in part,  the dollar's weakness, which is surprising to many given the strong economic data and ebullient equity markets. We thus suspect the weak Dixie is more than just that the economic data and markets around the world are relatively stronger…

These poseurs of fiscal responsibility are about to drive up debt to its highest levels since World War II.

As usual, the theatrics behind this latest government "shutdown" is​ farcical.