Precious metals news

A team of scientists at the University of Edinburgh and the University of Zaragoza found that a tiny medical device containing gold specks could boost the effects of lung cancer medication

An Australian economist who predicted the 2008 financial crisis now says another crash is "almost inevitable."
Steve Keen heads the economics department at Kingston University in London. He was one of the few academics to anticipate the subprime housing crisis. On his advice, French investment bank BNP Paribas announced it was shutting down three investment funds specializing in the US subprime market in 2007. At the time, the bank said it was struggling to calculate their values against a backdrop of growing concerns over liquidity.
In an interview on RT's Keiser Report, Keen said another crisis is around the corner, and the problem this time is debt.

London and New York dominate gold trading, but some analysts think Hong Kong may soon become a more significant player. Its success could solidify China's place in the world gold market, strengthen the yuan, and shift more economic power from west to east.
Last May, Hong Kong Exchanges and Clearing (HKEx) announced plans to launch gold futures contracts.

It therefore cannot have been a business cycle (singular or plural), which is how an economy can lose a decade. And be poised to lose another one still.

While the State Pension Fund Plans have $4 trillion in assets and $1.9 trillion in liabilities, the Federal Pension Funds only have $1.6 trillion in assets versus $1.9 trillion in liabilities

With net short positioning now standing at $7.4 billion, the market, collectively, is now the most pessimistic that it’s been towards the US dollar since May 2014.

Educate loved ones before they make this VERY SERIOUS MISTAKE...

Gold is just the beginning of the deceit and pilfering according to the Golden Jackass...

Negative interest rates are back in the spotlight. Central banks will need to be prepared to cut interest rates deep into negative territory in the next economic downturn.

Eighty feet below the streets of lower Manhattan, a Federal Reserve vault protected by armed guards contains about 6,200 tons of gold.

While gold demand in the West continues to languish, something has recently motivated renewed interest in the yellow precious metal in Germany and the United Kingdom.

That's not all the Bank of England is saying either...

Households at lower 80% of income scale are maxed out.

Margin debt has hit new peaks four times this year, starting with a new record of $513 billion in January; $528 billion in February; $536.9 billion in March; and reaching a whopping $549 billion in April. T

Are we blinded yet by the brilliance of corporate earnings?

How the Chinese Market ACTUALLY Works

China is set to report industrial production for the month of July on Monday at 10 a.m. SIN/HK as market watchers keep their eyes on the world's second largest economy.

This may be the last opportunity to reduce stocks positions, increase cash allocations, buy gold and silver

The world is edging closer to the final moments after which everything will be forever changed.Grand delusions, perpetuated over decades, will finally hit the limits of reality &collapse in on themselves.We’re over-budget and have eaten deeply into the principal balances of all of our main trust accounts. We are ecologically overdrawn, fi

Given that tens of millions of Americans depend on this public pension program as their sole source of retirement income, you’d think this would have been front page news…