Precious metals news

Barack Obama has decided to go hog wild and use every ounce of presidential power still available to him.

Getting rid of much of the cash in circulation might be an effective way to reduce inequality.

Inflation is a bigger concern for the Russian economy than U.S. president-elect Donald Trump, according to the nation's central bank.

Trump also pledged to force pharmaceutical companies to directly negotiate drug prices with the government, The Washington Post reports.

The currency was hammered by anxiety ahead of a key speech by U.K. Prime Minister Theresa May.

Fed ex-chief Bernanke said on Monday that Trump calling China a currency manipulator doesn’t “fit with reality,” and warned about a trade war.

Venezuela's leader Nicolas Maduro angered his opponents Sunday by refusing to face them for his annual presidential address, fanning tensions as he renewed his emergency powers in a volatile crisis. Delivering it inside the court building, he confirmed the depth of Venezuela's economic troubles

“The implications of the global trust crisis are deep & wide-ranging,” “It began with the Great Recession of 2008

Precious metals today appear to be repeating their performance of last year.

Are BIG Bull Moves in Gold and Silver Prices Just Getting Started? Billionaire Eric Sprott Discusses His Outlook, Explains Why "Everyone's A Seller of Bonds", and Reveals What's Next For […]

Sprott takes a look back at 2016, and a look ahead to 2017.  For commodities, 2016 was a tale of two halves:

Gold has hit the ground running in this young new year, a stark contrast to its brutal post-election selloff.  Rather remarkably, these strong recent gains accrued despite literally zero buying […]

We should ignore the short term noise of the Trump inauguration next week – although it is set to be compelling box office viewing! However, it would be imprudent to […]

This week marked the full release of the 2011 FOMC transcripts, revealing troubling details from the meeting notes. As the Federal Reserve looks to see a big shakeup in 2017, gold is looking at a win-win situation. Learn more in this week’s Fed Up Friday.
Trump’s administration represents a changing of the guard in Washington, and the Fed is not immune. Out of everything expected, a few key changes will really shake things up for the FOMC. First, in 2017 we’ll be getting 3 new voting members. Their records seem to lean more dovish than the counterparts they’ll be replacing, which may influence the number of rate hikes for 2017.
Second, the Fed’s plan shows that they don’t feel the need for fiscal policy to achieve their monetary goals. From their perspective, the nation has reached peak employment – (regardless of how many are actually underemployed) – and fewer barriers are in their way to increase inflation.
Finally, Trump will be selecting new members to fill two vaca...

Silver prices will, like the national debt, consumer prices & currency in circulation, increase. The inevitable long-term direction of silver prices is upward.

Investors who do not start moving their capital in advance of crisis will be forced to pay much higher prices for safety -- or may find they can't get into these haven assets at any price.

These trends will continue until the aims of the ‘Axis of Gold’ have been achieved. The overthrow of the US dollar as the benchmark global reserve currency.

WORLD GOLD COUNSEL: In 2016, investors around the world returned in large numbers to the gold market, as a combination of macroeconomic drivers and pent up demand kept interest in gold high. As we start the new year, there are some concerns that US dollar strength may limit gold’s appeal. We believe that, on the contrary, not only will gold remain highly relevant as a strategic portfolio component, but also six major trends will support demand for gold throughout 2017.

Scientists are creating a new silver catalyst to purify the air that can decompose toxic carbon monoxide and other harmful substances into harmless components, an advance that could help fight smog in cities like New Delhi and Beijing.

Over the past couple of weeks, the market has continued to remain overbought, extended and exuberant on "hopes" that Trump's policies will be the ointment to