Precious metals news

When the economy started to cool in the beginning of 2016, China opened up the debt spigots again to stimulate the economy.

The world’s biggest industrial metals exchange is taking on the most powerful players in the gold market with the launch on Monday of its first futures contract for the commodity since the middle of the 1980s.

The franc’s decline to a one-year low suggests the Swiss National Bank may only need to stand still to achieve its aim of a weaker currency.

It was July 10, 2007, and the hedge fund manager was on a 10 a.m. conference call with analysts at Standard & Poor’s, which had just decided to put $7.3 billion of subprime mortgage bonds on watch for downgrade.

Are You Ready For The End of the Dollar? 

The negative interest rates of Draghi & the ECB have totally failed. He has pointed out that despite various EU stress tests for banks, time and time again they continue to fail.

Investors will learn more about where the major financial institutions stand when the sector kicks off second-quarter earnings.

German Finance Minister Wolfgang Schaeuble calling for a review of European Union bank-failure rules after Italy won approval to pour as much as 17 billion euros ($19.4 billion) of taxpayers’ cash into liquidating two regional lenders.

Mario Draghi is back as the most central of the world’s central bankers.

the so-called 'Bitcoin civil war' are coming to a head.

Government Healthcare is ready for hospice. Dr. Ron Paul points the way back to the free market

In his most recent podcast, Peter Schiff made the case that the current environment of rising interest rates is actually bullish for gold.
The most recent jobs report had most of the mainstream giddy with optimism. As the New York Times put it, employers added an "impressive" 222,000 jobs in June, according to the new government report released Friday. The unemployment rate ticked up slightly to 4.4%, but analysts say that was that was due to some people who had dropped out of the labor force coming back.
With rosy jobs numbers to bolster the Federal Reserve's confidence in the direction of the economy, most analysts became even more convinced the central bank will push aggressively forward with its interest rate normalization program. As a result, many people have turned very bearish on gold. Peter Schiff took on this notion that rising interest rates are necessarily bad for gold in his most recent podcast.

Indians bought more gold in the first half of 2017 than they did all of the previous year, as the yellow metal continues to flow from the West to the East.
Indians within every economic class buy gold. Even the poor in India invest in the yellow metal. But demand for gold slumped to a seven-year low in 2016, leading some to wonder if Indians had lost their appetite for the metal.
Apparently not.

with COTs now looking strongly bullish too, & any further short-term decline will simply change the picture from very bullish to extremely bullish.

We are close to an important intermediate bottom here, a time to buy silver for the sizable rally that should follow.

Mike Maloney and Jeff Clark look at charts that show a slowdown in the commercial and industrial sectors, discuss the possibility of deflation, and review all the bubbles that could pop. You’ll also get their take on if now is a good time to buy precious metals or if you should wait.

Implications For Company & Market. A Shutdown Of The Escobal Mine, Ranked #2 In The World, Would Remove 21 Million Oz Of Supply

We've seen this pattern before...

Colombia, Spain and a US-based salvage company are waging a courtroom battle for the legendary treasure of the San Jose galleon.

Keen to further advance its One Belt – One Road strategy, China is now making moves to help Russia tap gold deposits in the Russian Far East.