Precious metals news

Gordon T. Long of Macro Analytics and Charles Hugh Smith of two minds discuss jobs in a robotic future.

Each time the breakers get triggered, it creates a market memory of the events, and traders try to avoid future shutdowns by selling faster.

The ASCE guesstimates the US would need to spend $4.5 trillion by 2025 on infrastructure.

The Trump administration is seeking to spur negotiations to end Venezuela’s political crisis, pressing Western Hemisphere nations meeting in Mexico this week to set up a mechanism for new talks to resolve a threat to regional stability.

This will set the precedent for future bankruptcies going forward

Late last month, the gold trading industry in India announced plans to set up 100 hallmarking centers, and establish a precious metal assay and training institute in an effort to ensure the purity of gold sold in the country.
According to the Economic Times of India, "Indian Association of Hallmarking Centres has submitted a proposal to the Bureau of Indian Standards to issue a certificate along with each jewelry sold, capturing its photo, purity, weight and the names of the center that put the hallmark and the jeweler who sold it."
Gold hallmarks show the purity of a piece of gold jewelry. They generally include the mark of the assaying office that certified the purity, as well as the fineness or caratage of the gold.

(Probability Of Further Rate Cuts Low) Robert Shiller, the Nobel Laureate in economics from Yale University, has a cyclically-adjusted price-earnings ratio termed the CAPE ratio. And it just rose to the same level as Black Tuesday of 1929, the famous stock market crash.

Here's what it means for the debt ceiling and the markets...

The situation here in the imperial city in Washington DC, is that it is absolutely hollowed out … it is incapable of offering anything to its own people, the American people

“China’s economy has entered a state of new normal.” – Premier Li Keqiang, 2015 “Success breeds a disregard of the possibility…

The number of stores closing during this developing retail apocalypse is jaw-dropping - 23,000 for 2017 & 2018. Bankruptcies exceed the Financial Crisis.

With the average American still living well beyond their means, the reality is that economic growth will remain mired at lower levels as savings continue to be diverted from productive investment into debt service.

The Elites cling to the failing system and enforce it with increasingly violent suppression of dissent

When the next financial crisis hits, it will be the central banks and governments who will suffer a crisis of confidence.

Gold & Silver demand - not paper but PHYSICAL gold &  silver demand is finding a lack of storage space...

Unsecured consumer credit – including credit cards, car loans and payday loans – is this year expected to hit levels not seen since the 2008 financial crash.

Deutche Bank's derivatives analyst Aleksandar Kocic penned his latest metaphysical essay on this topic

Almost 10 years since the global financial crisis, in a world of sub-par economic growth even the optimists are downbeat.

The last time the yield curve inverted, the 2008 economic meltdown occurred, and the time before that we suffered the.com bubble meltdown.

The housing market headwind on deck could be every bit as powerful as what hit at the end of Bubble 1.0.