Precious metals news

A bigger fed balance sheet may mean better long-term interest rates, but if it's wrong it could mean higher inflation & higher rates.

Despite high levels of economic confidence, one indicator shows that has not translated into much action yet.

"Dollar selling pressure emerged at the end of last week, partly in response to disappointing US economic data.

What Happens When Russia and China Reveal to the World that the US Gold Vaults Are EMPTY?

Emotion is biologically designed to rule us, and MUST be consciously controlled:

Something has to give soon and when it does, it will go down in history.

The paper notional silver trading ratio to physical silver investment was a whopping 517 to 1… double the 233/1 for gold.

In a recent interview with Dave Hunter of USA watchdog, former Reagan budget director David Stockman warned a fiscal bloodbath is in America's future.
Get out of the stock market. Get out of the bond market and buy some gold.”
Stockman called the stock market "unstable" and "rigged," and characterized the bond market as a giant bubble. He said when the government hits the debt ceiling later this year, it's going to create chaos.
There will be panic in the financial markets, I'll say that, because this is not priced in, in any sense of the word. The market isn’t expecting it. And I think it will cause some very difficult times. I just see no way around it"

The air continues to come out of the retail bubble. As CNBC put it, "The overarching narrative for much of the retail industry into the first half of 2017 has been store closures and bankruptcies."
Investors knew retailers were struggling, but it wasn't until this week's financial reports that they were able to gauge how much sales had deteriorated due to slowing foot traffic."
And they have deteriorated significantly. Dillard's, Macy's, Kohl's, Nordstrom and JC Penny all reported dismal first quarter results.  On his most recent podcast, Peter Schiff called it the "retailpocalypse."
The retail sector is in worse shape today than it was in 2008 during and immediately following the financial crisis."

Remember, if you don't hold it, you don't own it. Time is running short folks.

Strangely, the decline in Noble’s stock price started the same time as silver, almost to the day.

India criticized China's global initiative, warning of an "unsustainable debt burden" for countries involved.

The list of the World’s Most Corrupt Countries is arranged in descending order of countries’ transparency scores or their corruption perception indices (CPI). What this means is that the least “transparent” countries hover at the top

2007 peak real estate values were crazy, but the value today that are higher than 2007... That’s a classic late cycle red flag.

Finance Minister Says Home Capital Bailout Is Possible

$2.2tn held in little-understood entities in IFSC

Wells Fargo may have opened as many as 3.5 million unauthorized customer accounts, far more than previously estimated, according to lawyers seeking approval of a $142 million settlement over the practice.

This is going to be wild to you!! There are no other words to describe the data! This has never happened during an active silver delivery month.  Ladies and gentlemen:  the […]

Most Americans didn’t realize it, but something BIG changed in the U.S. gold market in the beginning of 2017.  While precious metals sentiment and buying in the U.S. has dropped […]

Jim Rickards shows you why record-low volatility is masking any number of nasty surprises. What surprises?