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Precious metals news

    Russia Buying Gold at Record Speed - See's no slow down
Nov 10, 2017 - 13:16:01 PST
The Russian Central Bank has been the world leader in terms of increasing gold reserves for five years in a row.
    Here's How to Safeguard Your Money in Uncertain Times
Nov 10, 2017 - 11:56:09 PST
Simon discusses different ways to protect your money in these uncertain times. The key is not in predicting but instead in preparing for the future.
While it may appear that government cuts taxes in one area, they always make sure to raise them in another.
Will Anything Get Done This Year? Will the resultant sausage benefit the middle class or will it just ​shift some winners and losers around a bit?
    Bear Notes
Nov 10, 2017 - 11:07:04 PST
Consider: The current drivers of asset prices, unprecedented artificial liquidity & expected tax cuts will no longer be ahead of us.
    Fed Shrinks Balance Sheet by, Wait for It … $300.00 !
Nov 10, 2017 - 10:07:37 PST
(At This Rate, It Will Take 14 MILLION Weeks To Unwind). It revealed that The Fed’s Balance sheet shrank by …. $300 over the last week. A…
Consumer Survey was released this morning … & it wasn’t good news for housing.  Their index for housing buying conditions declined. One of the causes of confidence​…
Disappointing expectations of a small rise as anticipation of a pickup in inflation and higher interest rates weighed on the gauge.
    Here's Why Nobody is Selling Gold
Nov 10, 2017 - 09:29:15 PST
As a hedge, gold’s definitely still the best viable alternative
    Are The Rich Panicking?
Nov 10, 2017 - 09:22:17 PST
European elites are hoarding cash, the Japanese are stuffing safes full of high-denomination bills, the Saudis are scrambling, & judging from the following chart, the richest Americans are getting increasingly concerned about the safety of their wealth...
    WSJ - Bitcoin: The World’s Most Dramatic Bubble Ever?
Nov 10, 2017 - 09:14:34 PST
First, ​it was tulips. More recently it was tech stocks and then the housing market. Lately, it’s all about bitcoin.
Notably Gold remains the only winner post-Saudi chaos... for now...
$4,966,400,000 worth of paper gold hit the markets between 11:08 a.m. and 11:16 a.m. BOHICA seems like the right acronym...
“I don’t think the markets were very hopeful on the passage of the U.S. tax bill this week, ​to begin with so the indifferent reaction from markets was very much expected,”
    Understanding the Tax Cut Scam
Nov 10, 2017 - 07:34:28 PST
I can’t help shake this sinking feeling: This tax cut package that is being peddled by the current administration is a scam.
    Gold Holds Near Three-Week High, Set for Weekly Rise
Nov 10, 2017 - 07:18:51 PST
Gold inched up early Friday, holding near a three-week high amid uncertainty over U.S. tax reforms, & was on track for its first weekly rise in a month.
    Bitcoin slides by over $1000 in less than 48 hours
Nov 10, 2017 - 07:12:22 PST
Bitcoin dropped below $7,000 on Friday to trade more than 5 percent down on the day, having fallen by well over $1,000 since hitting an all-time high on Wednesday.
    Gundlach's Stock Market Warning Comes True
Nov 10, 2017 - 06:56:15 PST
Deteriorating junk bonds threaten equity-market darlings. Correlation had reached most negative level in three years
    Stocks Extend Drop as Tax Uncertainty Continues
Nov 10, 2017 - 06:51:49 PST
Stocks and bonds sold off around the world, with U.S. equities poised for the biggest two-day retreat since August, as a bout of volatility returned to global financial markets awash in uncertainty.
Steve St Angelo says as soon as that happens, actual physical gold supply will will not be available until the price moves even higher. Here's why...