Precious metals news

The US Treasury yield curve has exhibited relatively smooth decays following recessions in 1992 and 2001. But not from the 2008-2009 recession. It almost looks schizophrenic.  

Once the U.S. Shale Oil Industry finally peaks and declines, it could get really ugly.

UPDATE: Gold & silver have recovered from the smashing. Gold & silver refusing to stay down. Metals performance is ultra-bullish. Here's the latest...

The country is in chaos, but its leaders aren't going anywhere.

Yellen's speech pretends 2008 came from nowhere. But, in liquidity terms it was a replay of 1998.

Monday, Tuesday, Wednesday, Thursday, and now TODAY. There are no ladders long enough for the Fort Knox Gold Hole that just keeps getting deeper and deeper. Furthermore, gold & silver […]

It will be a devastating meteor storm that destroys huge chunks of the economy

Chair Janet L. Yellen Speech at "Fostering a Dynamic Global Recovery," a symposium sponsored by the Federal Reserve Bank of Kansas City, Jackson Hole, Wyoming

Gold is spiking, USDJPY dropping, and stocks leaking lower after Dallas Fed's Kaplan dropped some serious tape bombs ahead of Yellen's speech...

* Spot gold neutral in a range of $1,282-$1,289/oz-technicals * Fed's Yellen to speak at 1400 GMT and ECB's Draghi at 1900GMT

We're talkin' #00 buckshot from ten feet blown out of the water. Fund Manager shreds Jim's claims from the military inconsistencies to the paper-leasing shell game. The Fort Knox Gold […]

Traders have one eye on Jackson Hole, with the other on Hurricane Harvey. Ahead of Janet Yellen and Mario Draghi’s speeches, a key dollar index is “clinging to the edge of a cliff,” says today’s call, as it says how to play the buck’s next move.

As heavy rain and gusty winds move in over Texas, coastal residents were deciding Friday morning whether to flee or to stay put and brace for a potentially life-threatening storm.

Russia has plans to introduce its own digital currency running on blockchain technology, according to First Deputy Prime Minister Igor Shuvalov.

The disturbing truth is that central bank policies have put the economies on the road to inflation.

Federal Reserve Chair Janet Yellen could be replaced by someone with a different background and approach to monetary policy.

Earlier this week, US Treasury Secretary Steven Mnuchin paid a rare official visit to Fort Knox to check out the nation’s gold stash. He made headlines when he quipped about the possibility of the gold not being there. Later, the secretary assured the world the US gold is safe and sound.
But why exactly does the US hold more than 8,000 tons of gold?
As we've explained, gold is money and there is economic power in owning gold. But nuts and bolts reasons also exist that help explain why the US holds so much gold, and most people aren't aware of them. Jim Rickards did a good job of explaining it in a recent article on the Daily Reckoning. He argues that the whole American system is still based on gold.

Germany has finished bringing home $31 billion of gold.
In early 2013, the Bundesbank announced a plan to repatriate massive amounts of its physical gold reserves back into Germany. The goal was to have half of its gold back within the country’s borders by 2020.
This week, the central bank announced it moved the final 100 tons from Paris earlier this year. It completed the move three years ahead of schedule.

"Paint by Numbers" quickly reveals the picture, and after the Epic Fort Knox Mnuchin Fail, Today's German Faux Pas seems like they are getting their paintings from the dollar store...

WSJ piece about gold outpacing the S&P 500 so far in 2017. This is not a "bullish" article, this is a last ditch effort to slow the massive physical gold […]