Precious metals news

today's violent deflationary capitulation moments ago Japan's JGB 0.1% of 2027 once again dipped back under 0%, sliding as low as -0.003%

“The warning signs are getting darker,” said Fink

GOLD WITHSTANDS A HUGE BANKER ATTACK (BANKERS SUPPLIED NON BACKED 22,000 CONTRACTS) TRYING TO QUELL GOLD’S ADVANCE!

IMF says financial stability is threatened by US corporate debt, China’s credit bubble & weak EU banks

The IMF said on Wednesday that U.S. President Donald Trump's proposed tax cuts & roll-back of financial regulations could spark a new round of financial risk-taking of the type that preceded the last crisis in 2008.

Uncertain outlook for U.S. expansion, Trump weak-dollar bid. Closes long dollar versus euro, sterling, yuan trade

If yield is a drug, Wall Street’s working overtime to supply it.

Hugo Chavez, who spent the last years of his life repatriating Venezuela's gold is spinning in his grave.

The World Bank Group stands ready to assist Venezuela, a member & shareholder of the institution, if the government asks for help in dealing with a punishing economic crisis, the bank's top executive for Latin America said.

Venezuela's opposition says it will stage the "mother of all marches" on Wednesday, accusing President Nicolas Maduro of resorting to dictatorial measures to quash popular outrage over a deepening economic crisis.

Some possible precipitating factors are already in place. How the West reacts to them will determine the world’s future.

Three weeks before becoming president, Donald Trump weighed in on the threat of North Korea developing a nuclear warhead capable of reaching the U.S.: “It won’t happen,” he vowed on Twitter.

“North Korea is a mountainous country that has huge natural resources including deposits of high quality coal, gold, silver, uranium, iron ore and rare earth metals,”

A pair of Russian nuclear-capable bombers flew near Alaska Monday night, coming as close as 100 miles from Kodiak Island -- the first time since President Trump took office that Moscow has sent bombers so close to the United States.

RUSSIA has claimed it can disable the entire US Navy in one fell swoop using powerful electronic signal jamming. A news report from the country – where the media is essentially controlled by the st…

“When monetary systems fail, they take us to war.”

The long-term view of silver is extremely bullish, given that it is one of the most undervalued metals, today. It is evident that ideal economic conditions are present, for silver prices to rise for many years to come:

So, PLACE YA BETS and let’s see who made the better investment decision when the global market finally cracks.

When the collapse comes, we won’t be able to grow out of this one. Rather, we transition to something more regional and local… at best.

Hey, auto industry. Your check engine light is on! A couple of weeks ago, we reported on the strained retail bubble. But that's not the only balloon that Fed has managed to inflate with almost a decade of easy money.
For the last several years, the auto loan market has ballooned to record levels – nearly $1.1 trillion. That compares with $987 billion at the end of 2015. Over the last two years, the amount outstanding on auto loans has increased 21%. More disturbing is the rise in subprime auto lending. Deep subprime loans made up the fastest growing auto financing segment in the fourth quarter of 2016, increasing 14.57%. Subprime loan balances also climbed 8.62%. As ZeroHedge pointed out, “Deep Subprime” borrowers have increased by double the amount of any other bucket.” According to Bloomberg, about a quarter of all auto loans fall into the subprime category.