Precious metals news

Steve St Angelo shows that when the markets finally crack and investors return to the safety of gold, there won't be enough supply to meet the demand...

Gregory Mannarino says that while the public remains oblivious, those in the know are scarfing up physical gold & silver. Here's the details...

JIm says that this new bull market is the real deal, with his initial target of $1400 by year's end. Here's more...

"Multiple factors may be setting up 2018 to exceed the 2016 bull run up in precious metals..."

SD Friday Wrap: This precious car has performed well since mid-December, so a pit-stop at this point is both needed and bullish...

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.

It's a new year. That means it's time for New Year's resolutions!
By that I mean it's time for other people to make some New Year's resolutions. I don't do that. Resolutions are for suckers.

The Federal Reserve released December's FOMC meeting minutes this week, and the tone was decidedly more "hawkish," leading most analysts to believe interest rate hikes and quantitative tightening will remain on track in the coming year.
As Bloomberg reported, "officials in December debated the risks to the US economic outlook, with some concerned about low inflation and others pointing to robust growth that was about to get a further boost from tax cuts."
In fact, inflation was at the center of debate. But generally, the concern was that inflation expectations remain too low. In his latest podcast, Peter Schiff said this attitude shows just how clueless investors, and the general public are.

We believe gold is setting up for the longest & most lucrative bull market since the 1970’s.

Gold futures log 11th day of gains on Friday—the longest on record, according to FactSet data.

Peter Toogood, MD investment at The Adviser Centre, and Sonja Laud, head of equity at Fidelity International, speak about investing in different asset classes.

This chart reflects the “potential” that the US Dollar could be creating a bearish head & shoulders topping pattern, while Gold could be creating bullish inverse head & shoulders bottoming pattern.

Gold has also performed well in the weak dollar environment and long-term​ momentum is still positive:

‘The tsunami of wealth didn’t trickle down. It surged upward’

For a decade central banks have printed enormous quantities of new money. The excuse is to stimulate the economy by reviving inflation. However, the money

"We have to be very careful. I sensed—let me try to state this politely—a little bit of self-congratulation that QE3 had had such a great impact on the market."

The U.S. trade deficit increased more than expected in November as imports of goods surged to a record high amid strong domestic demand, making it likely that trade will subtract from economic growth in the fourth quarter.

Eric says that belief in the currency is quickly diminishing, and this bodes will for gold, and especially for silver. Here's the details...

... retail investors could care less.

That is $921 thousand per taxpayer (on top of the​ $170 thousand in liability per taxpayer in public debt).