Precious metals news

The Federal Reserve is shrinking their prodigious balance sheet by baby steps. Fed INCREASES $4.2 Trillion Balance Sheet By Not decreased, mind you but INCREASED. T-note and T-bond holding remained the same while Agency…

1.8% YoY, Owners’ Equivalent Rent of Dwelling Rises 3.1% YoY (Fed Still Can’t Generate Inflation). 1.8% YoY, Owners’ Equivalent Rent of Dwelling Rises 3.1% YoY (Fed Still Can’t Generate Inflation) Ex Food and Energy it rose 0.3%. CPI Ex Food and Energy YoY rose 1.8% from 1.7% in November.…

Trade data show the imbalance in global trade shifting further against the U.S. over the past year.

So... US personal savings are at decade lows, credit card borrowings are at record highs, and still retail sales missed?

Jim says with the invention of the blockchain, plus military-grade encryption, the move to a gold-backed cryptocurrency just a small step away...

The two-year U.S. Treasury yield rose above 2 percent for the first time since September 2008, marking a rebound to a key psychological level last seen during the depths of the global financial crisis.

There is one in the High Yield Bonds A-D Line, & that is an early warning of big trouble to come.

All the while, the true culprits behind the bubble & the crash, the international financiers & banks, will escape almost all scrutiny as the public mindlessly follows the political soap opera played out in the mainstream media.

In search of the elusive soft landing.

After gold & silver rose in price all night and into the morning, the cartel decided to roll-up on the positive sentiment and offer a good old-fashioned paper dump...

Kaplan believes is an "overshoot" of full employment and a potential danger sign for the economy.

With that in mind consider that the $USD is collapsing, having gone almost straight down for 12 months.

Bitcoin slumped again on Friday, leaving the largest cryptocurrency heading for its worst weekly performance in three years as regulators around the world step up scrutiny out of concerns ranging from investor losses to strains on power systems.

Gold rose to a four-month high on Friday and was on track for a fifth straight weekly gain as the dollar fell against the euro on an agreemement for a political coalition in Germany.

Thursday's downbeat U.S. economic reports continued to weigh and as investors eyed the release of key U.S. retail sales and inflation data due later in the day.

President Donald Trump owes millions to Deutsche Bank, which was one of five convicted banks that just saw its punishment waived by the Labor Department.

Grant takes some time to discuss the USDJPY-gold link as well as the pending introduction of that yuan-denominated crude oil contract...

Craig Hemke says that if 2018's forecasts are anywhere near 2017's forecasts in terms of accuracy, it's going to be a very good year for the metals...

Ding.
They say bells never ring when markets hit the top. But maybe they do and people just don't listen.
Yesterday, Bloomberg reported China may slow or even stop its purchase of US Treasuries. In other words, a major source of US government debt financing may be pulling out. This comes at the same time the Federal Reserve has committed to shrinking its balance sheet. 

In the weeks leading up to the December Federal Reserve rate hike, the price of gold fell and most mainstream analysts were bearish on the yellow metal. After all, rising interest rates are bad for gold. right? But we took a contrarian position, saying the negative relationship between rising interest rates and the price of gold is really more of a "sell the rumor, buy the fact" phenomenon.
As it turns out, we were right. In the weeks since the Federal Open Market Committee nudged the interest rate up another 25 basis points on Dec. 13, gold has outperformed most other major assets.