Precious metals news

Slow growth & rising inflation, that’s what’s in store for the U.S. economy, which will be very good for precious metals

The Golden Jackass says: "The United States is going to poo-poo it". Was he talking about the latest developments in gold, the dollar, the euro, or cryptocurrency?

SRSrocco's in depth analysis including charts that speak on their own shine light on this one sector that may be overlooked by silver investors.

Does it just look like, or have they finally lost control, and was it in gold, silver or both?

While he did not explain the Tulip Bubble, the Beanie Babie Bubble, or the Tech Bubble... WHAT HE SAID ABOUT GOLD AND SILVER MIGHT JUST SURPRISE YOU

The greenback is nowhere close to bottoming out and gold is nowhere near topping out.

So how much did it end up taking after European Central Bank President Mario Draghi memorably said five years ago he’d do “whatever it takes” to save the euro?

Swiss banks paid 970 million Swiss francs ($1 billion) in negative interest rate charges in the first six months of 2017, according to central bank data, up 40 percent year-on-year as clients continue to hoard cash.

All things Q4 balance sheet are in, and it doesn't look good... Is the debt at the point where it truly is different now?

Overstock.com CEO Patrick Byrne took the gold community by storm when he proudly announced that he stores gold, food, and other supplies for his employees at overstock.com. Patrick is back to discuss […]

Rumors about a so-called Nazi gold train in Poland & Russia's mythical Amber Room have circulated since the end of the World War II. Meanwhile, “Hitler’s hoard” unexpectedly emerged off the coast of Iceland.

After bulldozers uncovered reels of long-buried silent films on a Canadian building site, painstaking restoration has delivered a fascinating glimpse of boom time in Dawson City – and the artistic delights to be found there

The gold & silver markets are very small relative to other financial markets, so such a change in outlook could produce extraordinary rises in their prices.

The heavy winter rains have stirred echoes of the gold rush in Sierra Nevada foothills.

During last week's Federal Reserve Open Market Committee meeting, the central bank announced it would leave interest rates unchanged.
The announcement didn't come as a surprise. With inflation weaker than expected in recent months, analysts widely expected the Fed to hold pat on rates. But Yellen and company did say they plan to begin shrinking the central bank's balance sheet soon, a sign they want to remain on the path to "normalization."
This raises a question: why now? Objectively speaking, the economy isn't currently any stronger than it was a couple of years ago. It might even be weaker. Peter Schiff addressed this during a recent interview on RT's Boom Bust. He said he thinks it's because now the Fed has a fall-guy in Donald Trump.

Gold makes up an integral part of the economy of India in general, but for Indian women, it often serves as an economic lifeline.
Indians have a love affair with gold. The country ranks as the second largest consumer of the yellow metal in the world. It’s not just a luxury. Even the poor buy gold in India. The yellow metal is interwoven into the country’s marriage ceremonies, and cultural and religious rites. Indians also value gold as a store of wealth, especially in poor rural regions. Two-thirds of India’s gold demand comes from these areas, where the vast majority of people live outside the official tax system.

The next US recession will be part of a major global recession and will result in massive new government debt build-up.

($329,961.34 Per Household). If anyone can make a good argument that we are not in very serious debt trouble, I would love to hear it. These figures don’t even include corporate debt.

He also explains what it means for gold

The Trump administration is imposing sanctions directly on Venezuela’s President Nicolas Maduro after the vote Sunday that was a step toward rewriting his country’s constitution.