Precious metals news

Richard Usher, formerly of JPMorgan Chase & Co., Rohan Ramchandani, formerly of Citigroup Inc. and Chris Ashton, formerly global head of spot trading at Barclays Plc. Another member, Matt Gardiner, formerly of UBS Group AG

Such borrowing would cost the city millions of dollars each year in interest and fees. Under one scenario discussed Monday, the city would pay $9 million each year in principal and interest on a $70-million bond.

The analysis includes 116 U.S. cities with populations greater than 200,000. See the full rankings here.

The dollar fell for a second day as the euphoria over Donald Trump’s policies fades. Gold reached a one-month high and industrial metals advanced on signs of increased demand from China.

It was recently revealed that Prince owned a number of gold bars. How many did he own? Was he a hoarder or a saver? Mike Maloney gives his opinion in this new video.

In his latest podcast, Peter Schiff illustrates the important differences between cryptocurrencies like Bitcoin and a gold transaction account like Goldmoney when it comes to convenience and preserving wealth. Essentially, it comes down to the technological risks and the price volatility of the underlying currencies. Here’s a breakdown of Peter’s major points:

One advantage cryptocurrencies have over physical precious metals is the ease of transaction, but it comes at a cost. Bitcoin is a completely digital currency, so you can spend or transfer it just like cash. However, with a Goldmoney account, gold owners can now enjoy the same convenience, whether they’re depositing, sending or receiving transfers through an app or paying with a Goldmoney MasterCard.
“It’s not about Goldmoney being the substituted for Bitcoin,” Peter explains. “It’s gold itself. Gold is what you want to own, not Bitcoin. Goldmoney makes gold as convenient to use as Bitcoin. In fact, I think more c...

The Financial Elite's War On Cash Is Heating Up:

The Wall Street problem for this country is going to get worse under Trump. Most of us assumed ‘Drain the Swamp' not only meant getting rid of the career politicians like Hillary […]

Gold futures rose on Monday to settle at their highest level in almost six weeks as uncertainty surrounding the U.S. Federal Reserve’s pace of interest-rate hikes has helped weaken the dollar and drive down interest rates.

The notion that a U.S. Dollar backed by gold would solve our financial problems is pure folly. Why? Because, if the U.S. Empire didn’t abandon the gold standard in 1971, it would have collapsed decades ago.

Treasure hunters claim they've found the masses of gold reportedly hidden in the Philippines by Japanese soldiers during WWII, under the command of General Tomoyuki Yamashita.

At the end of the day instead of Putin using Trump it may turn out to be the other way around, as Trump clearly views China as by far a […]

Former U.S. Treasury Secretary Lawrence Summers attacked the policy proposals of Donald Trump on several fronts, saying the president-elect’s plans for deregulation were setting the stage for the next financial crisis.

Source: BBC.com In November of last year, the board of India ’s central bank has approved the removal of high denomination bank notes. Surprisingly, the central bank didn’t announce the vote count so this decision...

German Vice Chancellor Sigmar Gabriel says austerity policies have threatened EU relationships.

The end game? The formation of a single monetary and economic authority under the management of the International Monetary Fund, and the establishment of a single global currency using the IMF’s Special Dra

This is getting serious… This came out about a month ago, and it’s only through the first half of last year, but it gives you an idea of the growth rate of private sector credit that’s been associated with economic expansions in the past, and how the lack of private sector credit growth in this …

Cities from Sweden to India are pushing for a totally cash-free society. But as more shops and transport networks insist on electronic payments, where does this leave the smallest traders and poorest inhabitants?

October's year-over-year percentage increase in the money supply hitting a 46-month high of 11.2 percent. The YOY growth rate fell slightly to 10.3 percent in November.

Inflation steals from you month after month, year after year. It never stops. This has long been a common tactic for financially desperate governments throughout history.