Precious metals news

The breakdown shows employment dropped, new orders dropped, prices paid dropped, but shipments surged.

So stop whining America, you never had it so good. Unless of course, this data is entirely useless.

Mortgage applications decreased 4.1 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA)

GATA's Bill Murphy discusses how really undervalued Silver is

Deutsche Bank AG, on trial in Milan for allegedly helping Banca Monte dei Paschi di Siena SpA conceal losses, must face accusations that it was running an international criminal organization at the time.

The big three Wall Street credit rating agencies to downgrade the state because of a huge revenue slump & mounting economic weakness.

Venezuela said it was sending 2,000 soldiers on Wednesday to a border state that is a hotspot of anti-government radicalism after looting that killed a 15-year-old in the latest unrest roiling the nation.

Brazil's central bank could opt for a moderate acceleration of the pace of interest rate cuts at its meeting depending on the evolution of the economy and other risks, the head of the bank, Ilan Goldfajn, said on Wednesday.

Brazilian markets plunged in early trading as a fresh political crisis ensnared President Michel Temer & threatened to derail a reform agenda that had helped restore confidence in the embattled South American nation.

Gold prices held steady on Thursday after jumping about 2 percent the session before, buoyed by political uncertainty in the U.S. & tempered expectations for an aggressive string of U.S. interest rate hikes.

The greenback climbed to a 13-year high after US President Donald Trump won the election in early November

Betting on muted volatility was all the rage as the VIX went dormant below 11 for almost a month.

Investors were shelving rosy hopes for U.S. tax reform and rethinking strategies premised on Donald Trump's economic growth promises

European & Asian equity markets slumped in the wake of the worst day in eight months for U.S. stocks as the political crisis engulfing U.S. President Donald Trump’s administration drove investors to the safety of bonds.

For 13 consecutive days, the amount standing for physical has risen. On First day notice 16.8 million oz were standing; tonight 22.75 million oz. It looks to me that sovereign […]

Dan Kurz is a CFA with over two decades experience working in Zurich, Switzerland as a thematic strategist for Credit Suisse CIO Office. Dan’s site, DK Analytics, offers deep and broad analysis at the macro and micro level.

Economic growth came in at a tepid 0.7% in the first quarter of 2017. Nevertheless, officials at the Federal Reserve continue to insist the economy is strong. They held interest rates steady in April, but insisted hikes were still on the table. In fact, the Atlanta Fed forecast Q2 growth to come in at over 4%. 
Peter Schiff called the Atlanta Fed’s prediction “crazy," nothing that they are starting out with a much higher estimate for Q2 than they had in Q1, despite having all of this information about how weak the economy was in Q1 that they didn’t have a few months ago. 
And that's the crux of the matter. The actual economic data doesn't support the economic optimism, nor the Fed's monetary policy. In this in-depth analysis of the current econo...

Have you noticed it's always the weather?
Tucked away in virtually every story reporting negative economic news, you will find some reference to the weather. It was too hot. It was too cold. It was too wet. It was too dry. To hear the mainstream media tell it, Mother Nature is the single most important driver of the US economy.

Is THIS The Real Reason For Plunging Silver Demand? 

The banks know that without a constant infusion of easy money, demand would likely collapse, and recession would follow soon after.

Top 25 U.S. Banks Have $222 Trillion Of Exposure To Derivatives