Precious metals news

After the market was lulled into playing the Fed QE3 Levitation Game, gold fell hard for many years, but the next Fed moves can catapult gold to new all-time highs […]

In effect, the Yuan will suffer a tremendous devaluation against gold, and so will the Dollar.

I believe the primary way every investor should play the rise in gold is to own the physical metal directly.

Gold's fear trade intensifies on debt and equity risk

Ronald Stöferle, Incrementum AG. In Gold We Trust, explains in depth why gold is on a break-out

Bitcoin’s market takes a tumble, but conditions are right for gold to profit

The SchiffGold Friday Gold Wrap podcast combines a succinct summary of the week’s precious metals news coupled with thoughtful analysis. You can subscribe to the podcast on iTunes.

Apple recently announced its new iPhone 10 to much hoopla. It will feature a retina display, increased storage and RAM, and enhanced facial recognition (which is either real cool or incredibly creepy, depending on your point of view.)
Of course, this will all come with a pretty hefty price tag of around $1,000. A lot of people were taken aback by the cost of the new Apple gadget. On the other hand, there are apparently at least a few people out there who think that isn't nearly enough. I mean, who wants a plain old, boring $1,000 iPhone 10 when, for a mere $69,995, you can walk around with the solid gold Lux iPhone X Ingot pressed against your ear?

The Federal Reserve took a hawkish stance at its latest Open Market Committee meeting, announcing plans to begin unwinding its balance sheet next month. Fed chair Janet Yellen also indicated she plans to raise interest rates one more time this year.
Here's the question: Is this a viable path forward, or is the central bank playing a game of monetary chicken?

"The positive development of the price of gold as such exacerbates the debt & other economic deficits of the U.S.,"

TOTAL GAME CHANGER: London bullion banks will deliver the death blow to the dollar as they sell the yuan for dollars. London vaults hemorrhage, China dumps dollars, and gold skyrockets, and […]

The student loan bubble, the biggest slice in Uncle Sam's asset pie, will haunt us for many years to come.

Stocks rose on a sea of liquidity & they may crash when that liquidity is removed. This is a warning to other elites, but it’s also a warning to you.

“I cannot in good conscience vote for the Graham-Cassidy proposal. I believe we could do better working together, Republicans and Democrats, and have not yet really tried," McCain said.

The amount of sheer nonsense written about inflation expectations is staggering. Let’s take a look at some recent articles before making a mockery of them with a single picture.

The US Treasury curve is coming undun. And that is pronouced UN-dun, not as is Kim Jong Un-dun (OON-dun).

Mr Claudio Borio, Head of Monetary & Economic Department of the BIS, Why has inflation been so stubbornly subdued despite so little excess capacity?

There are a lot of financial time bombs that the U.S. government, and state governments, have created.

As Dallas’s mayor put it recently, the city is “walking into the fan blades” of pension promises.

Another Ponzi Teeters On The Brink. Ohio Public Employees Retirement System has been forced to consider COLA cuts for its 1 million pensioners in order to keep the fund solvent.