Precious metals news

Landlords are cutting rents & prices, spooked lenders are holding back, & the industry loses hope for Trump tax cuts.

If the UK does walk, it will be much harder on the EU than the UK. So much for the ballyhooed “art of the deal” and preposterous demands that cannot be accepted.

In at 13:05 mark, Max Keiser interviews Michael Pento of pentoport.com about debt and taxes in the age of Trump.

According to the data from the New York Federal Reserve, 1Q 2017 total volume of student loans outstanding in the U.S. was USD1.344 trillion, up on USD 1.310 trillion in 4Q 2016, marking the highest level of Student Loans debt in history

Trump's administration will offer an exclusive contract that will give one company the right to service billions of dollars of outstanding federal student loans now handled by four companies.

"Venezuela is now a dictatorship," says Luis Ugalde, a Spanish-born Jesuit priest who during his 60 years living in Venezuela has become one of the South American nation's most well-known political scientists.

Given the extraordinary failure of both Keynesian stimulus & private-sector credit growth to create a self-sustaining cycle of expansion whose benefits flow to the entire workforce rather than to the top few percent, what can we expect going forward? Can we just keep doubling & tripling the economy’s debt load every few years? What if ho

The US dollar struggled to push ahead on Monday, holding near six-month lows against a basket of currencies as investors assessed the impact of US political turmoil and a resurgent euro.. Read more at The Business Times.

China’s 1.4 billion people are building up an appetite that is changing the way the world grows and sells food.

The White House will issue a formal budget request Tuesday that includes $274 billion in cuts over 10 years to means-tested anti-poverty programs, including food stamps, according to a Republican congressional aide and a White House document obtained by Bloomberg News.

For 15 consecutive days, the amount standing for physical has risen. It looks like we have a determined player with deep pockets willing to take silver away from the COMEX. […]

The junior gold miners’ stocks suffered a serious thrashing between mid-April and early May. The recent major selloff was totally unjustified. That makes this battered sector a screaming buy right […]

Well, THAT happened rather quickly...

Every now and then a chart appears that provides us with a great opportunity. The following chart fits that mold.

Billionaire Eric Sprott Reveals the Most Significant Development This Week During A Big Rally in Gold and Silver Prices:

Everything is better when it's dipped in gold!
So, how about a $1 million gold toilet?
The rapper Birdman has one. He posted a photo of it on Instagram.
And that's just one of the crazy things coated in gold recently highlighted on CNBC's "The Filthy Rich Guide."

Remember tax reform?
It seems like a lifetime ago. But it was just last month that the Trump administration rolled out its ambitious tax reform plan. The single-page blueprint was really more of an outline and offered little in the way of specifics. Still, it sparked hope that Republicans would push forward with significant tax reform this year.
Since then, we've heard pretty much nothing. Talk of significant tax reform got sucked into a black hole of FBI director firings and Russia probes. In fact, many analysts are starting to doubt Republicans will be able to get tax reform done at all.

Gold & Silver rose on Friday & on track for its best week in five as the dollar fell on political events in the U.S. boosting bullion's safe-haven appeal.

If inflation is the health of the State, how and in what way has government generated inflation in the history of the United States? The following case studies illustrate this process, as well as the important connection between inflation and centralized State control of the economy.

Everything from self-driving cars to more capable and prolific industrial robots in factories are threatening...