Precious metals news

Gold stocks are EXTREMELY cheap right now. For anybody who has their physical gold stack in order, here's something to do on the speculative side...

Dave Kranzler takes a deeper look at the oil for gold-backed yuan story. Those who say "it's pure myth" and those who claim "done deal" take note...

Harvey Organ says the crooks are having a heck of a time trying to cover their shorts in gold & silver. Here's why...

Seems like its easy to hear concerns that inflation is back & that interest rates have to rise. Below looks at the Inflation Indicator (TIP/TLT) and how......

The NYSE has released new data for margin debt, now available through September. The latest debt level is up 1.6% month-over-month. The September data gives us an additional sense of recent investor behavior.

If the Federal Reserve’s balance sheet is not down by next Thursday’s balance sheet release, something has gone wrong with the plan. The time to watch is now.

There's been a lot of focus on the Federal Reserve lately.
Earlier this month, the central bank launched efforts to shrink its balance sheet after years of quantitative easing. Most analysts also expect one more interest rate increase this year. Then there is rampant speculation about who will take the reins at the Fed when Janet Yellen's term ends early next year. Many observers think Trump will pick a more hawkish Federal Reserve chair who will increase the pace of "normalization."
But Peter Schiff has said ultimately the Fed doesn't want to do anything to upset the status quo.  And at this point, the central bank is between a rock and a hard place. It can normalize, which will ultimately pop the bubble, or it can continue with its easy money policies and wreck the dollar. Peter has said the Fed will ultimately sacrifice the dollar on the altar of the stock market.
In a recent article published on the Mises Wire, economist Ryan McMaken weighs in, arguing along these sa...

There's a lot of optimism out there that passage of the Trump tax plan will juice the economy. Many analysts say tax cut optimism is one of the factors that continue to push stocks up, and that has created headwinds for gold and silver. But as we've pointed out, there are reasons to question this mainstream narrative.
Now some in the mainstream are even starting to question the mainstream narrative.

Significant developments coming from the worlds' top producer of gold. Mine supply has plummeted. Here's a look at the numbers...

To improve the yuan’s chances of becoming an international & reserve currency, the main areas of development would be strengthening the institutional framework...

China’s gold production in 1H 2017 fell the most in over a decade. The fall in Chinese gold production is quite significant as the country will have to increase its imports to make up the shortfall in its mine supply

"Although​ the appearance of the wafer and its packaging already suggests that it is not a genuine Royal Canadian Mint product."

Silver will outperform gold, surging as much as 19 percent....

Wouldn’t it be something were she passed over for a second term only for Congress to discover she’d been eyeing the price of gold all along?

President Donald Trump plans to announce his choice for the next Fed chairman on Thursday, the day before he departs for a trip to Asia, a White House official said.

There’s been something happening this month that very few people have noticed. It’s been lost beneath all the other headline-dominating news....

(Personal Savings Rate Falls To -29.4%). Notice that The Fed doesn't talk much about inflation anymore since it doesn't fit the narrative anymore....

One of the more interesting questions is whether the US housing market is in a bubble or not. The answer is (drum roll) .... it depends. Consider the S&P CoreLogic Case-Shiller 20 Metro Home price index as a ratio of US median  family income. As you can see, the US have reached a price-to-income ratio…

Oh, the revisions. After serial revisions, there are now two quarters since the end of the Great Recession when GDP had declined, but the “advance estimates” for both had shown growth.