Precious metals news

“I condemn this cowardly act of violence & reaffirm the IMF’s resolve to continue our work in line with our mandate,” Lagarde said in a statement from Frankfurt

Finance as Warfare: IMF Lent to Greece Knowing It Could Never Pay Back Debt

It would be a mistake to assume that the global economy will automatically return" to good health.

Bill Gross warns with the Fed raising interest rates, the other central banks to watch are the European Central Bank (ECB) and the Bank of Japan (BOJ). When these other two banks begin to wind down at some point Gros explains that all hell could break loose.For the full story,please read and watch the rest here;

Being behind the curve puts the Fed in a difficult position....

At some point the Fed will have to begin to shrink its huge balance sheet, but that point does not appear imminent.

Bank of America’s consumer bank paid an average of 0.04% interest on deposits during the fourth quarter.

today's age 25-54 cohort would require 2.2 million additional people in the labor force to match its interim peak participation rate in 2008 & 3.5 million to match the peak rate around the turn of the century.

President Donald Trump is proposing historically deep budget cuts that would touch almost every federal agency program dramatically reorder government priorities to boost defense & security spending.

Feds Hit Debt Limit Again; With the close of business today, the period in which Congress suspended any legal limit on the federal debt expires and as of tomorrow the limit on the federal debt will be set

GOLD AND SILVER RISE AS THEY DUMP THE DOLLAR ON THE FED RATE HIKE

The economy is so far from your forecast in terms of GDP

The FOMC raised interest rates on Wednesday, with the decision coming on the heels of the Consumer Price Index data released Wednesday morning by the Bureau of Labor. The report shows an uptick in the price of consumer goods for February, a net gain of 0.1%. Although down from January’s 0.6% increase, a year-over-year look shows consumer prices have risen 2.7%, which is 0.7% above the Fed’s target rate of 2%.
The rising cost of most goods and services is in large part due to the failed monetary policies of the Fed. Money printing and quantitative easing have created runaway inflation, which is driving up prices for consumers.

Federal Reserve officials may seem to be in rush to “raise rates”, they might appear so only because they more so wish to avoid uncomfortable questions about why it is they are actually doing so

It's Finally Official: The Fed Has Hiked Interest Rates 25 BPS For the 3rd Time in 15 Months. Gold and Silver Jumped On the News...

I always find Fed days a bit strange. The markets seem to hang on the words of an institution that doesn’t actually control interest rates, which are set by the bond markets primarily on the markets for ten and thirty year treasuries.

This is the highest reading since June 2005 - the ultimate peak of the last housing bubble.

The world has never seen this combination of excessive financial leverage & widespread political upheaval, great for safe havens like gold & silver.

We want a return to real money with the abolishment of the Federal Reserve and other world banks.

The Fed is going to raise rates. We just aren’t sure what changed in a short period of time to create a sense of urgency.