Precious metals news

Mexico's peso MXX=D2 slumped to a new low against the dollar, fueled by concern about the policies of U.S. President-elect Donald Trump, and comments by an economic think tank that further depreciation is "almost inevitable."

proximity to the Euro which has caused problems for a raft of countries around it most notably Denmark and Switzerland with their negative interest-rates.

Gold appears to have completed its correction with long term momentum intact and bullish.

Gold 2016 bottom arrived December 15, 2016 at $1124.  A BRIEF January 2017 Gold, US Dollar & US Stock Market Update... $9,102 Gold, $1,006 Silver price based off the January […]

Marc Faber's latest on what is going on globally and that Gold has done exceptionally well and will continue to do so in this environment

Gold held steady early Wednesday aftertouching six-week highs in the session before, with investorsawaiting more policy cues from U.S. President-elect DonaldTrump's first news conference since the elections, due later inthe day.

In his weekly radio address to his citizens, Venezuela’s post-Hugo Chavez leader, President Nicolas Maduro, announced he would raise the minimum wage for the fifth time over the last year. The bump puts the minimum salary at 40,683 bolivars or $60 per month, according to Reuters.
The new minimum wage represents a 322% cumulative increase since February 2016 and is an attempt to protect citizens’ wages from “mafia attacks,” according to Maduro. The President attributed his country’s woes to anti-socialist political opponents and capitalists who have created an “economic war” to foment disorder and unrest.

Did the Banksters Rig ALL SIDES of the Anti-BREXIT Lawsuit? Insider Reveals SHOCKING Claims:

The biggest silver price news recently is that silver is coming off its first yearly gain since 2012....

The next one is likely to be inflation-themed, and could feature the US dollar and gold soaring higher at the same time.

The coming clash of titans between Yellen and Trump could unfold very quickly for the new White House administration. Jim Rickards key analysis...

In 2016, U.S. Mint sold 1,204,500 oz of gold coins, which is 17.9% increase on 2015. Remember that in 2015, sales of U.S. Mint gold rose 45.6% y/y.

To sum up, the positioning of the “smart money” implies that we can anticipate a moderation in the USD, support for gold (& lackluster gains for oil prices), as well as an easing in US treasury yields.

Precious metals expert Michael Ballanger examines market forces and outlines his trades for the first part of the year.

An escalation of trade tension between the world's two biggest economies –the US and China – could become one of the major threats to the global economy this year, according to Bank of America Merrill Lynch (BofAML).

Money growth after the events in 2011 has been utterly divorced from lending, therefore economy, therefore inflation.

In absolute terms, the US dollar continues to be inflationary in ways rarely seen before 2009. That is, in a world of Quantitative Easing, the Fed just keeps on creating money in order to prop up domestic industries as well as US government debt.

Just How Exactly Are Deutsche Bank, Gold, ISIS, and the EU Related? Insider Mark Taylor's Exposé reveals a sinister plot to justify and fund the new EU Army...

It's clear that the digital currency is at the mercy of Beijing's officials.

bringing the total monthly increase in consumer credit to $24.5 billion, far above the revised October print of $16.2 billion