Precious metals news

One of the first of life’s lessons we all learned is that we need not rush life; it will do that for us and in the end against our will. The inspiration for this wisdom could well have sprung from Ecclesiastes wherein we read these peaceful words: To every thing there is a season, and a time to every purpose under the heaven. Co-writers Don Henley and Bruce Hornsby embraced the spirit of this message as the 1980s were coming to a close. You must agree 1989’s The End of the Innocence, that haunting and mournful ballad, was just the coda needed to move on to the last decade of the last century. … Continue Reading

While mainstream media clung to The White House spin of record monthly streak of jobs gains after Friday's payrolls, The Fed's own Labor Market Conditions Index (LMCI) paints a very different picture

In all likelihood, the sinking of the U.S.A TITANIC will probably take place during President-elect Trump’s administration:

Children keep getting more expensive to raise - doctor visits and day care, according to the U.S. government.

Northman's Sven Henrich believes the bull market is on its last legs, and a recession is soon to follow.

The biggest risk to the rally may turn out to be something the new administration can't do anything about, El-Erian tells CNBC.

Donald Trump's inauguration as U.S. president on January 20 will overshadow the event but it's hard to see how every conference, bilateral meeting or roundtable in Davos won't include some reference to this political upheaval

The deployment - which also includes 3,500 U.S. Troops - is to protect eastern Europe against a potential Russian invasion

Donald Trump is demanding an even larger naval fleet than what he had promoted on the campaign trail. The 355-ship proposal could require an additional $5bn to $5.5bn in spending.

Republicans are increasingly jittery over rushing to demolish much of President Barack Obama's health care law without having a GOP alternative that's ready to go.

Venezuela's socialist President Nicolas Maduro announced on Sunday a 50 percent hike in the minimum wage and pensions, the fifth increase over the last year, to help shield workers from the world's highest inflation rate. "In times of economic war and mafia attacks ... we must protect employment

There is a built-in demand for stores of value (the time-honored driver of demand for precious metals) but there is an equally built-in demand for means of exchange that offer all the characteristics listed earlier: liquidity

SHORTS ON THE CHINESE YUAN ARE BEING SQUEEZED...

GATA Chairman Bill Murphy Believes the Event You've Been Waiting Years to Witness Just May Occur in 2017...

She dismissed claims her comments signalled a preference for a "hard Brexit" - where the UK would face potential restrictions on trade access and tariffs on exports and imports - to the alternative "soft Brexit" scenario

The pound fell against all major currencies as U.K. Prime Minister Theresa May’s comments over the weekend stoked fears that the U.K. will lose access to Europe’s single market.

Why an automatic change in a Social Security rule may sting in 2017.

After tapping several Goldman Sachs Group Inc. alumni for senior economic posts, President-elect Donald Trump’s team is considering yet another for a key job at the Treasury Department.

I think you may see the financial system come down, and it may be by the end of the year that the system is coming back up or coming back on line. We are going to have a bank holiday.

Worse “than the 1994 ‘Bond Massacre,'” with “sustained double-digit losses on bonds, subpar growth in developed markets, and balance sheet risks for banking systems….”