Precious metals news

Interest rates based upon the 10-year yield (TNX) have been heading lower for years, more than 25-years actually. Below looks at the yield on the 10-year n

Pending Home Sales Plunge in San Francisco Bay Area, Drop in all California. But upward pressure on already crazy home prices persists.

- Climactic Indicators Suggest "Rally Pop"

“Investors Intelligence reports 62.3% bulls, 15.1% bears, the 47.2 spread is the highest since 1987 (there's that year again).”

"Much of what passes for orthodoxy in economics and finance proves, on closer examination, to be shaky business."

The North Korean foreign minister's warning of a possible atmospheric nuclear test over the Pacific Ocean should be taken literally, a senior North Korean official has told CNN.

A bolivar is worthless, and with its collapse, Venezuela is witnessing the world’s worst inflation.

The hospital offers services to some 3,000 young patients. Tesla's solar system is reportedly providing the hospital with all the electricity it needs.

A $300 million no-bid contract for a two-person firm with connections to a cabinet secretary & no experience in doing work on the scale of rebuilding Puerto Rico?

The failure to promptly restore the island’s electrical grid could kill far more people in the coming months than the storm itself did.

The pawn shop is probably the last place you want to go if you find yourself strapped for cash. But an interesting article in a Filipino publication reveals a problem millennials face if they find themselves in a cash-crunch. They may have a harder time liquidating assets than their parents because they primarily spend their money on electronic gadgets and don't tend to buy gold.
The head of one of the Philippines largest pawnshop operators told ANC's The Boss that gold can be pawned at much higher prices than smartphones, laptops, and other electronics.
There’s nothing like buying gold and using it. It’s a great tool to use to save. Millennials today, they buy their gadgets, their Androids, their bags, but there’s still more value in buying gold jewelry than buying all those.”

Last month, the Nikkei Asian Review reported on a move by China that could take a first step toward dethroning the US dollar. The proposed launch of a gold-backed, yuan-denominated oil futures contract got a lot of attention in alt-media circles, but didn't make much of a splash in the mainstream. But now the mainstream is sitting up and taking notice.
During an interview with Bloomberg TV Tuesday, Graticule Asset Management Asia CEO Adam Levinson said China rolling out a yuan-denominated oil contract within the next few months will be "a wake-up call" for investors who haven't paid attention to the plans.
The move potentially creates a way for oil exporters to circumvent US dollar-denominated benchmarks by trading in yuan. The contracts will reportedly be priced in yuan, but convertible to gold.

I have argued that risk is under-priced because in large measure of the structural changes in the markets and participants positioning. Risk is an ever-present condition that cannot be eliminated, though it can be shifted through time and redistributed in form.

Yes, stock market volatility has evaporated as measured by the VIX and VXX indices. The iPath S&P 500 VIX Short-Term Futures ETN is an exchange-traded note issued in the USA. The Note will provide investors with a cash payment at the scheduled maturity or early redemption based on the  performance of the underlying index, the S&P…

Spanish decision to impose direct rule leaves region with little choice but to declare a sovereign state

Debt purchase programme produced big profits but Eurozone countries are reluctant to say where they went.

The eurozone faces a crucial test when the ECB starts to unwind its QE program, but one country stands to lose the most when the monetary punch bowl is removed: Italy.

The majority of middle class wealth is locked up in unproductive assets or assets that only become available upon retirement or death. ...

Schumer rejects Mnuchin’s claims the Republican tax reform plan will reduce the country’s budget deficit.

Aircraft carriers near Korea send a "strong warning" to North Korea "amid an unprecedentedly grave security situation."