Precious metals news

Following a sharp run-up in bond yields since the summer, hedge fund manager David Tepper says prices still have room to drop.

Homebuyers are also increasingly choosing adjustable-rate mortgages, hoping to save a few more dollars on the monthly payment.

Early last week, financial markets saw just a 30 percent chance of the Fed raising interest rates in March; but by Friday after a striking series of comments from Fed officials, including Chair Janet Yellen, traders saw an 80 percent chance.

Q4 was a disappointment as growth slowed to just 1.3% (below the 1.5% expectation).

It appears the 'Trump Effect' is the biggest driver as the ADP payroll surge was mostly due to a record surge in employment for goods-producing industries.

The Fed to begin a campaign this month of "old school" sequential interest rate hikes until "something breaks," such as a U.S. recession.

Could a Fed rate hike start the bond market to liquidate? Mexican billionaire & retail magnate Hugo Salinas Price contends, “Apocalypse is upon us"

Mario Draghi has left little doubt that he’s not ready to accept euro-area inflation has truly returned, and a closer look at data from the 19-nation region helps explain his hesitation.

We took a look at three scenarios that could lead to the euro splintering—and three that could see the currency coming through the populist wave in even stronger shape.

Allfunds may be the last of the easy disposals for Italy's banks.

Global Advisors Bitcoin Investment Fund projects a 25% chance of approval on the decision. Either way, a decision is likely to happen this week.

Dollar advance, new supply adds to weakness in U.S. debt

Belgium-based SWIFT said on Wednesday it has stopped providing financial services to all North Korean banks under U.N. sanctions, as international tensions rise over Pyongyang's increasingly aggressive military behavior.

Consumers pulled back on credit card debt in January, leading to the smallest increase in consumer borrowing in more than four years.

It is pretty accepted knowledge that a number of lower-skilled jobs will disappear in the coming 5-10 years, due to the human element being replaced by autonomous machines.  One of the most at-risk professions is that of Truck Driver, which as 13D Research points out, is one of the no.1 reasons you rarely (if ever) […]

While Samsung wasn’t the only company named in the WikiLeaks documents -- Apple Inc. and Google also got a mention

A rate hike next week should quickly produce “Rate Hike Rally #3” for gold stocks.

In his latest podcast, Peter Schiff looks at the latest moves in physical gold and gold stocks as a possible indicator that the market may be in the early stages of a bull run. A few weeks prior, Peter pointed out that gold stocks were selling off (down 4%) while the price of gold was rising at 2%, an inverse relationship that may signal a downward move in physical gold.
As we saw last week, that prediction came true with a correction in physical gold that sent prices down 3% or about $40 on Friday. Even though gold was down last week, gold stocks (GDX and GDJ) were overall positive. Monday also saw a decline in gold with a $9 drop and GDX stocks fell around 3.4%.

In an uncertain world Frank Giustra tells us how and why Gold became his most important investment.