Precious metals news

India is Rapidly Plunging Toward A Police State. Long queues continue to form, with people arriving very early in the morning, hoping to get at least some cash.

Malaysia’s ringgit touched its lowest level since the Asian financial crisis in 1998, as investors continue to sell down emerging-market assets and after a crackdown on currency speculators last month exacerbated outflows.

Kuroda’s attempt to engineer change at Japan Inc. using exchange-traded funds just isn’t working

Surging global yields are posing a challenge to the central bank. It conducted its first fixed-rate operation to contain rising yields last month, and it increased purchases during a bond-buying operation last week.

A cautious tone spread through financial markets as the last full trading week in 2016 began.

rapidly increasing Dollar & broader U.S. stock market do not represent a healthy economy, rather it reveals the swelling of the cancerous U.S. financial tumor.

China unloaded nearly $42 billion in Treasuries in October. Just what is going on here? 

Russia remains the largest gold buyer in 2016, increasing gold holdings by c168.5t to date, and substantially ahead of China, which has accumulated c80.3t of gold so far.

Nomi Prins in Europe for an exclusive on what is in store for the world financial system in 2017. Find her analysis here...

Troubled Italian bank Monte dei Paschi di Siena has started a share sale to raise cash to avoid a state rescue.

For a long-term look at the impact of inflation on the purchasing power of the dollar, check out this log-scale snapshot of fourteen-plus decades.

In a surprisingly strong-worded speech, President Obama lashed out against the media and the Russians, as the latter are still perceived to be the main culprit of Hillary Clinton’s loss in the presidential...

There are several instances across history when valuations have broken well-beyond their historical norms, as the speculative “animal spirits” of investors have scrambled off like greased pigs at a rodeo.

the S&P 500, CAPE recently hit 28, a valuation only surpassed right before the 1929 crash and in the build-up to the dotcom crash.

Many believe Mr Trump is the saviour they have been waiting for. Others believe he has horns and a tail. What do we think? Maybe he's both. Maybe neither.

In her rate hike announcement last week, Janet Yellen said the Fed was so confident in the health of the US economy that it was raising the Federal Funds rate by a paltry quarter point. Investors are on board, with a wave of irrational exuberance sending the Dow closer to its 20,000-point milestone. However, the Fed’s decision suggests the need for a strict comparison with its statements last December: a time when a similar expression of economic confidence would prove to substantially miss the mark for rate hike expectations and GDP growth.
In a special episode of the Schiff Report, Peter Schiff shows how the Fed’s economic optimism is a ploy to maintain credibility with the markets and to cover up the fact that significant rate increases are impossible.

For those distraught over the COMEX paper futures price of gold plunging towards $1,000/oz, Switzerland's Egon von Greyerz has some information for you:

"I have information that shows The Lord Chief Justice and the Attorney General were compromised by Deutsche Bank..."

JS Mineset's Bill Holter is back to break down the credit crisis that will lead us directly to a collapse of the entire banking system.

"The situation is getting worse by the day... people are desperate" Gold Bullion Is Now Effectively Illegal...