Precious metals news

Inequality & poverty rage because the rules have been rigged in favour of the organisations and countries who wrote them, says anthropologist Jason Hickel.

All over the US, states, cities, school districts, & other governmental entities have promised their workers generous retirement benefits, but haven’t set aside enough cash to pay what they will owe.

Earlier this month, US Treasury Secretary Steven Mnuchin threatened China, saying the US would "put additional sanctions on them and prevent them from accessing the US and international dollar system" if they don't go along with the most recent round of sanctions slapped on North Korea. We argued that the threat may be meaningful, but it also might be empty.
In a recent article published on the Mises Wire, Ryan McMaken added another layer of analysis, arguing that if the US were to follow through on the threat, it would imperil the US dollar. McMaken's reasoning dovetails with a point we've made more generally about Trump's penchant for tariffs - that they will undermine the dollar. Of course, that's good for gold.

Indians love gold. Despite rising prices, a tax increase, and government attempts to tighten regulation of the jewelry industry, gold imports into the country nearly tripled year-on-year in August. India ranks as the second largest gold consuming country in the world, trailing only China. But gold isn't the only precious metal Indians covet. They also buy a lot of silver.
According to a new report by the Silver Institute, India consumed 160.6 million ounces of silver in 2016, accounting for 16% of global silver demand.

The Fed’s primary policy tool is based on pure myth. Sorry, Janet Yellen, a larger money supply does not mean inflation, but this does...

The problem with this, of course, is that if wages aren’t rising at a pace fast enough to offset the costs of maintaining the “standard of living,”

Discussion with the Fed’s focus on inflated asset prices, which pose risks to the banks, and how this focus is impacting monetary policy.

US Treasury Yield v. Euro “Junk Bond” Yield. New record in central-bank absurdity.

Their doom-and-gloom scenario: Consumers suddenly become prudent.

(Prices Highest Since May 2011) — 2% Inflation? The findings? The ISM Manufacturing Index is at its highest level since May 2004. How about business prices? They are now the highest since May 2011. The last time ISM prices were this high were followed shortly by the only time…

Starting in late 2016, Central Banks began actively rigging the stock market via a number of gimmicks.

James Grant, talks about the role of the Federal Reserve in financial market volatility & the outlook for Fed policy.

If "he who holds the gold makes the rules" rings any bells, then "slow and steady" and "planning for the long-term" may be about to come to an abrupt end...

Sen. Bob Corker's statements about the new tax plan's impact on the federal deficit are a worrying sign for the future of the GOP tax effort.

More than eight years since the recession ended, a sustained pickup in paychecks remains elusive. Stagnant incomes...

The $400 Trillion Global Retirement Gap

Prepare for Gold to Get Sloppy, but Backdrop Remains Strong into Year-End

Rogers: "Everybody should have coins, physical coins, as an insurance policy, as an emergency, if nothing else"

Now that's a whole lotta instruments! Global financial instruments: $500 trillion, or 5x global GDP. 5x global GDP????????? This is an example of regulatory breakdown.  

We can add a third certainty to the two standard ones (death and taxes): The rules will suddenly change when a financial crisis strikes.Why is this a certainty? Human nature, politics and the structure of societies/economies ruled by centralized states (governments).