Precious metals news

...you could pick up a job mowing the lawn at the State Department for 40 hours a week at a salary of $141,555

Note that widening wealth and income inequality is a non-partisan trend. One of the core goals of the Federal Reserve's monetary policies...

Shuttering foreign tax shelters only to steal their business is a bad move.

Time to see how resilient the metals are in the last two trading days of the year. Grab some popcorn (or some Pepto)...

"Gold is building up to breaking out of its giant Head-and-Shoulders bottom to enter a major bull market phase..."

"Investors across the US are skeptical about the future prospects of the economy as tax overhaul is expected to create a further deficit of $6-trillion & tensions have been rising over N. Korea’s nuclear & missile programmes,"

The greenback declined against all its Group-of-10 peers after benchmark U.S. Treasury yields fell by the most since September on Wednesday.

Bitcoin resumed its tumble on Thursday after South Korea said it was eyeing options including a potential shutdown of at least some cryptocurrency exchanges to stamp out a frenzy of speculation.

Jack says that whether buying to trade or buying to hold, the indicators are flashing "buy" right now...

We talk a lot about how central banks serve as the primary force driving the business cycle. When a recession hits, central banks like the Federal Reserve drive interest rates down and launch quantitative easing to stimulate the economy. Once the recovery takes hold, the Fed tightens its monetary policy, raising interest rates and ending QE. When the recovery appears to be in full swing, the central bank shrinks its balance sheet. This sparks the next recession and the cycle repeats itself.
This is a layman's explanation of the business cycle. But how do the maneuverings of central banks actually impact the economy? How does this work?
The Yield Curve Accordion Theory is one way to visually grasp exactly what the Fed and other central banks are doing. Westminster College assistant professor of economics Hal W. Snarr explained this theory in a recent Mises Wire article. 

As we pointed out a few weeks ago, we've now entered the prime time to buy Christmas cards, decorations, and wrapping paper. Why? Because with Christmas in the rearview mirror, Christmas stuff is all on sale.
There are a lot of reasons to believe gold is also on sale right now.
The investment world has focused most of its attention on stock markets and cryptocurrencies over the last few months. But as an article recently published in Forbes points out, there are at least 10 good reasons to believe now is the time to buy gold.

Some 52,000 of the King Henry III gold pennies were struck nearly 800 years ago before it was realized​ they were too heavy.

The Fed Chair further undermines her institution when she window dresses the very real threat that Wall Street banks continue to pose to the U.S. economy.

Fixed income performance was mixed as the yield curve compressed to its flattest level since before the financial crisis.

"Clif High says there is good news coming, but not just for 2018, many years after..."

Janet Yellen In One Press Conference

More Truth Bombs On The Way Which Will Bring About A Credit Crisis

...the manager of a Geneva bank, he said, it’s getting much worse. ‘We are already closing all bank tellers, & so are most of the other banks’.

Harvey shows that the annual production percentage of gold contracts transferred from COMEX to London for physical delivery is even greater than silver...

The Scottish government offered funding to investigate the best way to develop universal basic income schemes in four of its cities.