Precious metals news

The dollar remained weaker against a basket of the other major currencies on Monday amid concerns over the U.S. administrations trade protectionism

U.S. stock index futures were lower on Monday as investors treaded carefully following the G20's decision to drop a pledge to avoid trade protectionism.

UK’s permanent representative to the European Union has told the bloc to expect a letter on that date

Gold & Silver Analyst Harvey Organ Joins the Show This Week For A FASCINATING Conversation:

Has the Federal Reserve Gone Completely Insane? 

You will notice that in gold the open interest for the front month is way below last year at the exact same time. (181,000 vs 238,000).  I guess some of […]

The junior gold stocks corrected hard in recent weeks, setting them up to blast higher on Wednesday’s less-hawkish-than-expected Fed.  That started to dispel some of the serious bearish sentiment that […]

When Mohdi withdrew the most popular bank notes from India, many industry insiders believed the motive was to stifle Indian gold demand since much of the gold trade in India […]

The long-awaited event of the week was the Fed raising the Fed funds rate by ¼%. Everyone knew it was coming, and what it would be.

The joke’s on us...

This week, Trump laid out his big budget adjustments and issued a loud silence about the Fed’s decision to hike rates for the second time since Election Day. In the same week, he’s also changed opinions on unemployment numbers, which he once lambasted and is now using to prove his effectiveness as a leader on economic matters.
Many investors are looking for an opinion on the rate hike from the President along with a coherent picture of how he wants to change the financial institution.
Trump seems to have two different opinions of the Fed’s role. In May of 2016, he actually complimented Yellen’s decision to keep rates at historic lows for the long term. However, he’s also explored the notion of returning to the gold standard and true commodity-backed currency.

Prior to the FOMC raising the Federal Funds Rate this week, the Atlanta Fed revised its estimate of Q1 GDP from 3.4% to 0.9%, an enormous downward revision that suggests Chairwoman Janet Yellen and FOMC authorities aren’t as data dependent as they claim. The serious lack of economic growth indicated by the downward revision should give the Fed pause, but that doesn’t seem to be the case, as Peter Schiff pointed out in his latest podcast.

All these factors in turn have fueled investment inflows into silver

I would have to conclude that the upside price potential for silver is greater than gold in the next few years.

Everywhere you look the “Smart Money” is buying gold at a frenetic pace. That term, “Smart Money,” gets thrown around a lot, I'll be more explicit. I mean people who have made billions of dollars investing.

Then US dollar will, sooner or later, cease to be the world's money as steps are taken to replace the dollar.

"It's Just Chaos Now!" Billionaire Eric Sprott Is Shaking His Head at the Fed...

President Trump will radically change US monetary policy. Here's who economist Jim Rickards believes could be the next Chairman at the Fed...

The Fed, which is now tightening financial conditions (which should/will push asset prices lower), got the exact opposite result as everything rose Wednesday from stocks, to bonds, to gold.

Clif High's Web Bot, Bitcoin, & the hard data showing unimaginable manipulation of silver on the Comex Are All SCREAMING the Same Thing: Hyperinflation Is Coming...