Precious metals news

“The negative outlook for the Italian banking sector reflects its increased vulnerability to shocks following the asset-quality deterioration in legacy portfolios… The very high levels of impaired loans have increased urgency and risks for Italian banks,” Fitch Ratings says.

FRESH measures aimed at injecting life into the ailing eurozone economy are expected to be unveiled by the European Central Bank (ECB) later today.

Draghi gave (extended QE) and took away (tapered purchases) the punchbowl in what we are sure will be described as...

The ECB is meeting to discuss how to continue plastering over the eurozone’s structural problems....

Draghi warned that the European Central Bank’s newest stimulus push might not be the last as it strives to reach its inflation goal.

“Financial Crashes are like earthquakes: we know that they are coming, but we know not the day or the hour. The next one is close and is likely to be […]

Even a small substitution from gold to silver would result in a massive increase in the price of silver.

The launch of the Shariah Standard on Gold opens the physical gold market to potentially significant demand from the Muslim world.

Gold extended its rise on Wednesday, rebounding from this week's 10-month low as the dollar eased against the euro ahead of a European Central Bank meeting and on the view that a U.S. rate rise next week was already reflected in prices.

The S&P 500 is 4.20% above its 125-day average. This is further above the average than has been typical during the last two years and rapid increases like this often indicate extreme greed.

It’s hard to take all that seriously when these “intellectuals” spend so much time either telling us there is no problem

No doubt there have been stellar performances among the two sectors that stand to benefit most from the “D” word (deregulation): financials and energy.

This article was submitted by Shubhendu Pathak, a finance professional working in the Bay Area. Past: Capital One Shubhendu earned his Bachelors (B.Tech) and Masters (M.Tech) from IIT Delhi, and MBA with a concentration in Finance from Emory University.
Seeking Alpha published my two articles Will India Be The First Domino To Fall? and You Can't Just Invest On Hope in which I predicted a currency crisis in India. On November 08, 2016, Prime Minister Narendra Modi announced the demonetization of 500 ($7.5) and 1,000 ($15) rupee notes, which constitute more than 85% of the currency in circulation. These notes ceased to exist as legal tenders on the night of the announcement. People can deposit them in their bank accounts before December 30, but cannot withdraw more than $350 in a week.

A Gallup study of U.S. growth and productivity finds no economic recovery......

A Federal Open Market Committee (FOMC) meeting is coming up on Dec. 13-14, and the Fed meeting history shows that the meeting will profoundly affect future rates and the stock market.

The first thing we must do to save all four aspects of the freedom of movement is to sharply reduce government’s invasion into every possible aspect of our lives.

Think you’re going to change this system by voting for Hillary or Trump, Democrat or Republican? Maybe, but there’s no evidence of it in the CFR.

Stock markets might have shattered record highs this month, but overheated markets could signal a 2017 market crash... Read on →

"The rich will pay what they need to escape harassment; the rest will suffer." Global financial repression picks up steam, led by India. After declaring large denomination notes illegal, India […]

For years I have calmly, patiently, and for the most part rationally, listened to friends, family, patients, and colleagues grapple with the notion of precious metals. The majority understand the […]