Precious metals news

Most people believe the Federal Reserve stabilizes the economy and our money. In reality, the central bank incentivized debt and destroys wealth. Is there a way to sidestep the destructive forces of central banking and fiat money?
T.W. Thiltgen believes there is a freedom train we can escape on — gold.

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Breaking: The IMF has just released a research paper on gold as ‘international reserves’. It contains some truly astonishing data, but if you’ve seen the report - you’ll already know that it is an arduous read.

The most-actively traded gold futures contract rose 0.6% to $1,957.10 a troy ounce, after the Federal Reserve approved an interest-rate increase of 0.25% and signaled plans to raise rates again next month.

Michael’s works say to generally stay out of stocks and bonds and go long on soft and hard commodities most notably precious metals of which he is most bullish on—silver.

Another warning shot across the bow just happened… I warned my readers a few weeks ago about how the Federal Reserve, in cooperation with giant global banks, has launched a 12-week pilot project to test the message systems and payment processes on the new CBDC dollar.

After some initial volatility, US equity markets are charging higher...

U.S. retirement assets have faced challenging conditions amid market headwinds—but over the last decade these assets have nearly doubled.

In this infographic, we show the key differences between stagflation, inflation, and deflation and how they impact the economy and investors.

Bulls better hope the current rally in the Nasdaq continues.

Federal Reserve Chair Jerome Powell holds a news conference on Wednesday following the closed two-day Federal Open Market Committee (FOMC) meeting and will discuss interest rate policies. Powell speaks about how The Federal Reserve raised its benchmark interest rate by a quarter percentage point on Wednesday and gave little indication that it is nearing the end of this hiking cycle. Aligning with market expectations, the rate-setting Federal Open Market Committee boosted the federal funds rate by 0.25 percentage point. That takes it to a target range of 4.5%-4.75%, the highest since October 2007.

Since the last FOMC meeting on December 14th, a lot has changed for markets. While the dollar is lower and bonds are flat; gold, stocks, and crypto have all rallied strongly in an 'easing'-like move...

What a coincidence: just yesterday we presented the latest report from UBS economists showing that the job openings "data" collected and presented by Biden's Department of Labor is at best wrong (and at worst, manipulated propaganda meant to make the labor market appear stronger than it is), and that the reality is far worse than the BLS suggests, with real openings down 30% from the March 2022 peak and only 25% higher than the 2019 average.

Should bubble symmetry play out in the S&P 500, we can anticipate a steep 45% drop to pre-bubble levels, followed by another leg down as the speculative frenzy is slowly extinguished.

Next Zoltan focuses on what the West likely will do to combat the risks associated with a shrinking global reliance on dollars as the sole settlement medium for world trade.

Inflation is cooling, and parts of the economy appear to be weakening. But Chair Jerome Powell is likely Wednesday to underscore that the Federal Reserve's primary focus remains the need to fight surging prices with still-higher interest rates.

This takes some doing: San Francisco Bay Area house prices plunged faster from the peak than they’d spiked to the peak.

That pretty much says most of what you need to know. As of November, the Fed was still far behind the curve by any reasonable measure. Let's go through the math and my preferred measure of CPI that factors housing into the equation.

With only labor prints supporting macro surprise data, these Manufacturing indicators do nothing to support any 'soft landing' signals...

Amid the escalating debt ceiling standoff which is sure to culminate with fireworks some time in September, the Treasury announced on Wednesday morning that it would offer $96 billion of Treasury securities to refund approximately $67.1 billion of privately-held Treasury notes and bonds maturing on February 15, 2023.