Precious metals news

Shows just how historically low US rates still are right now

The 5 stock market cycles turned into bubbles when their CAPME valuation ratios reached the 90th percentile. The U.S. stock market is back there again.

No it's not. They've tightened into weakness since Dec '15. Disinflation is to be expected.

One of the most dangerous things a financial analyst can say is, “But this time it’s different!” That’s because history tends to repeat. Believing your circumstances are truly different almost always leads to financial ruin.But in the case of the coming gold mania, as Mike Maloney shows in his new video, there are some stark differences between the great gold rush of the 1970s and today. And those differences could push gold much higher this time, percentage wise, than it did then.

And we should not be surprised to see such a message, in the period of annual seasonal weakness which lasts into October. Time for caution.

As it stands now, states can’t declare bankruptcy in federal courts. Letting them do so would raises thorny constitutional issues.

On June 14th, I headlined “Gallup Finds Stunning Decline in Americans’ Respect for U.S. Government”, and reported that “The federal government” scored the very lowest of 15 named

Trump would make an "important announcement" on actions "short of war."

Rescuers fanned out to reach stunned victims Thursday after Hurricane Maria ravaged Puerto Rico, knocking out electricity to the entire island & triggering landslides and floods.

As the financial pitfalls claim victory over increasingly more economies and markets around the world, the Fed morons have absolutely no chance against gold...

WE continue to like the long-term prospects for gold, as it has displayed a strong inverse correlation with real yields & should also benefit from the prospective safe-haven demand generated by the eventual cyclical decline in equities

The Fed was created in 1913 in response to the Panic of 1907. Its original mandate was to promote the sort of financial stability that would prevent or ...

So Here It Is Explained In Just One Chart

As the Fed begins quantitative tightening, all the bubbles that seven years of ZIRP created will begin to pop, says Peter Boockvar.

The Federal Reserve is slated to start reducing its $4.5 trillion of government securities when its two-day meeting finishes on Wednesday. It will be the first central bank to attempt to pull away from a legacy of monetary accommodation, ending an era of easy policy that has helped prolong the U.S. economy’s expansion into the third longest in history.

Even some of the biggest supporters of Bitcoin and other cryptocurrencies recognize the stability of gold.
Last week was a bad week for Bitcoin. It's price dropped significantly in the wake of a Chinese government crackdown on cryptocurrency exchanges in the country. Bitcoin's price has recovered a bit this week, but a recent article published by The Cointelegraph still proclaimed now is a good time for gold.

Russia and China seem to be betting their monetary futures on gold. Their long-term maneuverings could seriously undermine the dominance of the US dollar and shift the world's economic center of power from West to East.
Russia and China buy more gold than any other countries in the world, with Russia leading the way. Over the last decade, the the Central Bank of the Russian Federation has added more than 1,250 tons of gold to its reserves, according to the World Gold Council. At 1,700 tons, Russia's has the sixth largest gold reserves in the world. Russian gold makes up about 17% of the nation's wealth.
In 2016 alone, the Russian central bank purchased 201 tons of gold, far more than any other central bank in the world. The People’s Bank of China ranked second, adding 80 tons to its reserves.

And as a “supra-national” reserve asset, gold plays an important role in it.

The American Treasury secretary set off a nuclear explosion last week. Ground zero is China. Jim Rickards has more on this financial warfare...

Marc Faber on the markets, the Fed meeting, Trump, and his bearish call. With CNBC's Jackie DeAngelis and the Futures Now traders, Jim Iuorio and Brian Stutland, both at the CME.