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Global silver supply will be impacted a great deal more than most other metals due to the majority of its supply coming from base metal and gold production.
"It dates to around 400–250 BC, and is probably the earliest Iron Age gold work ever discovered in Britain.
Weeks of rainy weather across Northern California and the storm runoff through the hills of gold country have triggered a new gold rush.
    Betting on a Lower Dollar and Higher Inflation
Feb 28, 2017 - 12:26:50 PST
Over the past couple of decades, ten year US inflation breakeven levels have traded inversely with the US dollar. This should be no surprise and makes sense. Lower US dollar equals more inflation.
    From Bad to Worse for Puerto Rico
Feb 28, 2017 - 12:18:27 PST
The island's deep and long-lasting recession has made its debt position unsustainable. But the latest fiscal plan imposed by the US commonwealth's federal overseers openly assumes that a Venezuela-scale depression will somehow bring about recovery.
The Federal Reserve’s target inflation rate of 2.0% has been illusive. Only in Q1 2016 did the US economy barely beat 2% inflation. And before that, the US economy hit 2.0 inflation in Q2 of …
(But Wages Growing At Only 2.44% YoY) New York City retains the Pyrite medal for slowest home price growth YoY in the nation followed closely by Washington DC.
A massive Amazon Web Services (AWS) outage is striking down lots and lots of web pages, leading to huge hiccups on a number of domains.
    One in Four Investors Believes Euro Break-Up Is Looming
Feb 28, 2017 - 11:42:00 PST
The risk of contagion is regarded to be even bigger than during the debt crisis in 2012/13.
Bill Gates said it’s too early to dish out money to needy people, though the billionaire accepts the idea of universal basic income.
    'Bad Banks' Spread Across China
Feb 28, 2017 - 10:14:14 PST
More than three dozen asset-management companies are vacuuming up bad debts from Chinese banks. But it’s more like sweeping the problems under the rug.
    Thanks to Demonetisation, India Could Lose Growth Crown
Feb 28, 2017 - 10:09:18 PST
The release follows a demonetization-led cash crunch that hit India's cash-heavy economy, but economists reckon that could be temporary.
    It Was ‘Dollars’ All Along
Feb 28, 2017 - 09:51:04 PST
Ross Perot famously declared the “giant sucking sound” in the 1992 Presidential campaign. The debate over NAFTA did not end with George H. W. Bush’s defeat, as it simmered in one form or another for much of the 1990’s.
Globally inflation is on the rise. On Monday Spain reported a year over year 7.5% jump in its PPI reading (a measure of inflation). Take a look at that chart. Spain is just the latest major economy to join the inflationary tide. German also saw a recent spike in its PPI. In the US, inflation
Bloomberg’s Tom Keene highlights comments on the declining state of the U.S. economy. He speaks with Yale's Stephen Roach...
Kaplan said the balance sheet reduction won't start until the Fed is "well underway" in terms of raising rates.
Uh, This Can't End Well.
    More Americans Live in Fear of Retiring Poor
Feb 28, 2017 - 09:01:00 PST
Pensions are vanishing, and state-sponsored IRAs are under attack. Yet most Americans support both, a new survey shows.
Minimum Wage Massacre: blowback from minimum wage demanding fast food workers has struck again.
Thanks to readers that donated to the crowdfunding campaign, I’ve been able to force the US Mint through a Freedom Of Information Act (FOIA) request to hand over documents related to the […]