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Precious metals news

    RUSSIA vs. USA: Where's the Gold Going??
Jun 22, 2017 - 14:02:33 PDT
When this leverage finally cracks, those holding real gold and silver will experience the insanity taking place in the CRAZY CRYPTOCURRENY MARKET.
    Don't Get Caught in the Debt Trap!
Jun 22, 2017 - 14:00:16 PDT
Reuters reports, "Americans' debt back at record high after nearly a decade": "Americans' debt level reached a record high this year, surpassing the peak touched just as the…
    Four Steps to Heaven
June 22, 2017
Nervous gold bugs have seen the metal decline in price from a recent high just under $1300 to the low $1240s – we expect price to turn to the upside […]
Now is the time to increase your allocations to cash, gold, silver
What will come of the Fed's balance sheet unwinding and the ECB's quantitative easing is very much up in the air. So we will just have to wait and see.
    Disinflation Is the Name of the Game Now...
Jun 22, 2017 - 10:19:41 PDT
Gold holds up pretty well despite massive headwinds...
Gold is Due for a Reversion to the Mean
    Data Says Fed Is Making A Mistake
Jun 22, 2017 - 09:10:18 PDT
This is ironic considering the ENTIRE PURPOSE of TIGHTENING monetary policy is to SLOW economic growth to keep inflationary pressures at bay.
    What Happens to Your Debt When You Pass Away?
Jun 22, 2017 - 09:09:04 PDT
Americans are dying with an average of $62,000 of debt.
    The $4 Trillion Pension Problem
Jun 22, 2017 - 09:03:06 PDT
All this adds up to bigger estimated budget gaps for pensions, requiring even more taxpayer contributions. This is incredibly unpopular politically and will have negative social ramifications.
    GDXJ: Myth vs. Reality
June 22, 2017
The only “dumb” question regarding gold, silver and mining shares is, “should I own any?”
Senate Republican leaders released their much-awaited health care bill Thursday morning after months of closed-door meetings, but it’s not yet clear if they will have the votes to pass it as soon as next week.
    Gold Goes for Back-To-Back Wins
Jun 22, 2017 - 07:33:18 PDT
Gold gained in back-to-back sessions Thursday, up from the five-week lows struck earlier this week, as the metal’s safe-haven appeal drew demand.
    The Fed, GDP Prospects - Mish with Gordon Long
Jun 22, 2017 - 07:29:06 PDT
We discussed the Fed rate hike, the State of Illinois, loan creation, autos, housing, the yield curve, the Fed’s balance sheet, and GDP prospects.
QE-Unwind may start in September.
Senate Republicans’ proposal to replace Obamacare would provide $50 billion over four years to stabilize insurance exchanges in addition to cost-sharing subsidy payments through 2019, according to a person familiar with the plan.
They discuss the next financial crisis and examine possible solutions for society, as well as the individual.
    Illinois Faces its Doomsday
Jun 22, 2017 - 06:29:31 PDT
Illinois is like Venezuela now, a fiscally broken state that has lost its will to live, although for the moment, we still have enough toilet paper.
With all eyes on a collapsing yield curve & its implications - exposing the dismal reality of US economic growth expectations that The Fed would really rather you ignore
The Illinois fiscal crisis continues. But it goes beyond the State. The Chicago Board of Education is also having trouble raising funding. Their municipal bond rate has soared to a whopping 9%!