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Precious metals news

    Palladium Price Hits 16-Year High
October 17, 2017
Palladium probably isn't something you think about when you consider investing in precious metals.
Maybe you should.
Palladium broke through the $1,000 mark on Monday. The price of the metal has spiked nearly 50% in 2017 and is at its highest level in 16 years.
"Gold wins out over cryptocurrencies when assessed on the majority of the key characteristics of money" Here's what else Goldman says...
    Asset Prices & Monetary Policy in an Irrational World
Oct 17, 2017 - 12:18:30 PDT
Yellen and her colleagues seem to think that they can spin straw into gold by manipulating markets and asset prices.
    The GDP Decline Post-2015.75
Oct 17, 2017 - 12:12:53 PDT
Now you can see what the central banks are so concerned about. The growth rate is declining sharply. Since 2015.75, even the USA is having a very hard time to reach 2% and sustain it
    S&P 500 And Margin Accounts Near All-time High
Oct 17, 2017 - 11:34:46 PDT
(Will Fed Rock the Boat??) Meanwhile, brokerage call money loan rates on margin accounts continue near the all-time low (despite recent increases in The Fed Fund Target rate).
There's only six in existence and the whereabouts of the other five are unknown. The gold crown was melted down after his death. Here's the details...
    Pierre Lassonde - Big Gold Deposits are Disappearing
Oct 17, 2017 - 10:54:19 PDT
Gold mining production to decline considerably and foresees higher prices for gold.
    Trump Plans to Pick Next Fed Chair Before Nov. 3
Oct 17, 2017 - 10:06:12 PDT
President Donald Trump plans to announce his nominee to chair the Federal Reserve before he leaves Nov. 3 for an 11-day trip to Asia and Hawaii, a person familiar with the process said.
The projected total US debt will be $30 trillion within 10 years, using the CBO’s own numbers. But the CBO also makes the rosy assumptions that there will be no recessions and that GDP will grow at a 4% nominal rate.
Wall Street endlessly gushes about retirement. Its TV commercials show how wonderful life will be in our golden years—when we are old, yet still healthy and wealthy enough to go hang-gliding every day.
From bullish to brutal in less than 24 hours. Here's an update on the price moves in gold, silver, platinum, palladium, and a few other markets...
Here's some of the sweetest charts and excerpts from the free 60-page report. It sure looks like a good time to have some trust in gold...
    China Offers to Buy 5 Percent of Saudi Aramco Directly
Oct 17, 2017 - 08:41:26 PDT
“The Chinese want to secure oil supplies,” one of the industry sources said. “They are willing to take the whole 5 percent, or even more, alone.”
    The Fed Is Confused about What Drives Inflation
Oct 17, 2017 - 08:24:36 PDT
On October 4 2017, the former governor of the Federal Reserve Daniel Tarullo in a speech at the Brookings think-tank in Washington said Fed policy makers do not have a reliable theory of what drives inflation.
    Goldman Sachs on Why Gold Is Better Than Bitcoin
Oct 17, 2017 - 07:10:19 PDT
Gold wins out over cryptocurrencies when assessed on the majority of the key characteristics of money
Goldman Sachs has circulated a note to clients suggesting that there is an 88% chance we're heading into a bear market.
(US Export Prices Rise 2.9% YoY) If you are looking for inflation that is seemingly missing, try the US import and export prices. US import prices by end use rose 2.7% YoY in September and US export prices by end use rose 2.9% YoY…
    Inflation: An X-Ray View of the Components
Oct 17, 2017 - 07:02:08 PDT
The more volatile Headline CPI has spent most of the previous five years under the 2% lower benchmark
We have seen parity before. The question is where will the two meet the next time? Many factors say a 1:1 ratio is coming. Here's why...
    Globalization is Poverty
Oct 17, 2017 - 06:53:43 PDT
..we need to borrow in order to afford the products they make in order to pay off what they borrowed in order to buy their flats..