Precious metals news

Elon Musk touted ranges and charging times that don’t compute with the current physics and economics of batteries.

Craig Hemke dives into the numbers to see what a rally from here would or wouldn't look like, if it's even possible at all...

Danielle says it's only a matter of time before the central bankers take control of the blockchain and cryptocurrency. Here's more...

Once again, we see that the Russians have been adding to their stack as most in the West are oblivious. Here's the details...

Over the last couple of months, we've focused a lot of attention on the stock market bubble. But some analysts say we should be watching the bond market bubble. Last summer, former Fed chair Alan Greenspan issued an emphatic warning: Beware, the bond bubble is about to burst. And when it does, it will take stock prices down with it.
Last week, Mint Capital strategist Bill Blain issued a similar warning.
The truth is in bond markets. And that’s where I’m looking for the dam to break. The great crash of 2018 is going to start in the deeper, darker depths of the credit market."

As we reported last week, investors are in an era of "irrational exuberance."
The US stock market is at all-time highs. Meanwhile, market volatility is at lows not seen since the 1990s. In an odd juxtaposition of seemingly contradictory points of view, investors realize the market is overvalued, but at the same time, they believe it will continue to go up. According to a Bank of Ameria survey, 56% of money managers project a “Goldilocks” economic backdrop of steady expansion with tempered inflation.
In an article published at the Mises Wire, economist Thorsten Polleit adds some further analysis and asks a critical question.
Credit spreads have been shrinking, and prices for credit default swaps have fallen to pre-crisis levels. In fact, investors are no longer haunted by concerns about the stability of the financial system, potential credit defaults, and unfavorable surprises in the economy or financial assets markets.
"How come?"

This MSM hit piece may have just shot itself in the foot and opened-up friendly fire on the cartel itself. Here's why...

Gold is extending its gains, above key technical levels and while the curve is steady, long-end bond yields are sliding modestly.

Fed officials fear financial market 'imbalances' and possibility of 'sharp reversal' in prices

Risk Hedge just helped, with a comprehensive statement of the pro-gold position

If anybody has thoughts of lightening up their stack, here is something that people on both sides of the fence need to read before it's too late...

Gold has bottomed out, according to one of the industry’s biggest bulls & should become more appealing as markets re-calibrate.

Gold prices rise Wednesday, getting some help from a weaker dollar ahead of the latest peek into Federal Reserve thinking on upcoming interest-rate policy.

Beware A Dovish Surprise By A "Very Uncertain" Yellen

and it could spell trouble for the economy

Federal Reserve Chair Janet Yellen cautioned that raising interest rates too quickly risked stranding inflation below the U.S. central bank’s 2 percent target and said there’d been “some hint” that expectations ...

Global inflationary expectations have risen dramatically this year

narrative joining “flattening doesn’t matter” narrative. So predictable!

(Population and Home Prices Continue To Decline.) Puerto Rico has had its share of tragedies. First, they are fiscally incompetent (regularly spending more than they take in).  Second, they were devastated by Hurricane Maria leaving much of the island in shambles. Peurto Rico has defaulted on its 8% general obligation (GO) bond maturing in 2035. The Commonwealth's 8% GO bond has fallen…