Precious metals news

The last time this pattern played out in 2012, The Fed unleashed Operation Twist & subsequently QE3 to stall the disinflationary dive...

New highs were recorded for silver’s use in the photovoltaic & ethylene oxide sectors, both growing & significant industrial applications for silver

Will BofA be right, and will today's potentially disappointing retail sales be the latest negative data point to cast even more doubt that the Fed will hike next month?

Welcome to the club, J.C. Penney Co., Results follow disappointing reports from Macy’s and Kohl’s

Gold climbed a second day amid a rebound for metal prices that helped ease a commodity rout. Bonds extended gains.

A similar manipulated take-down of the price of gold and silver occurred in the spring of 2008, ahead of the great financial crisis. Gold was pushed down to $750 from […]

THE REAL REASON WHY COMEY WAS FIRED:

Silver has long played an important role in the medical field. For centuries, it has been used as an antibacterial agent and to fight infections. Silver also serves an important role in x-ray and medical imaging. Now silver's big brother, gold, is starting to muscle into the world of healthcare.
According to the market research firm Global Market Insights, the market size for gold nanoparticles is projected to reach $8 billion by 2022. As Forbes recently reported, gold's increasing use in the healthcare industry will drive that growth.  Gold nanoparticals are used in a wide range of medical applications, including imaging, diagnosis, drug delivery, photo-thermal therapy, and even as  a coating for titanium-based dental implants.

Gold exports from the US nearly doubled in the first two months of 2017 compared to last year. Where is all of this gold going? Most of it is heading east.
Total US gold exports in the first two months of 2017 totaled 101 tons. That compares with 56.5 metric tons in 2016. Nearly two-thirds of the gold flowing out of the US ended up in Asia. China and Hong Kong imported 51 tons of US gold, and India gobbled up another 10.8 tons. Switzerland was the leading non-Asian purchaser of US gold, importing 28 tons. England imported 5.6 tons of US gold, and the UAE took in 3.3 tons. The remaining US gold exports went to countries such as Germany, Canada, and Mexico.

Inflation pressures further up the pipeline rise the most in 5 years.

The current mining production ratio between silver and gold is about 9:1. This means that 9 ounces of silver are mined for every 1 ounce of gold that’s mined. This is […]

China’s biggest-ever foreign acquisition frenzy is ending almost as dramatically as it began.

Where do bond prices go when the ECB stops buying, &, heaven forbids, starts to “normalize” the balance sheet by selling its quintillion bond holdings…

Because Italy’s banking crisis and other problems have not been solved.

Central banks have been the world’s biggest buyers of government bonds, but may soon stop - a tidal shift for global markets.

Politicians offer plastic tulip in reminder of bubble concern. ECB chief tells Dutch parliament euro economy isn’t safe yet

A solid majority of "financially stressed" Americans continue to find more enjoyment from saving than from spending, a significant change from the years prior to the Great Recession.

Retail companies are shuttering stores, leaving thousands of retail workers jobless. In fact, the latest jobs report numbers are downright shocking...

Recently one of the most successful Wall Street investors Warren Buffet urged investors to forget about active investment and simply put their money into index funds.

Once a mighty giant retailer, Sears is now on life support and dying. Many investors are also going to suffer. My affinity for Sears began when my first son was born. He needed special shoes – a new pair every three months. My wife was in tears; the shoes cost over half my weekly earnings; we didn't have the money.…