Precious metals news

In other words, it remains a spending and debt problem.

implying a much smaller-than-average probability of a significant market gain, while the left tail is fat, implying a larger-than-average probability of a vertical market loss.

Since it was first proposed last April, trading gold as a commodity within Islamic finance is now a reality. The pro-gold law was first adopted on November 19 by the Accounting and Auditing Organization for Islamic Financial Institutions, which sets Sharia Law standards for finance groups.
Historically, Islamic investments have been guided by Sharia Law, which prohibits financial practices like earning and paying interest on loans. It also outlines requirements for the exchange of commodities like gold and silver. Islamic law sees gold as a substance sold by its weight and measures; a commodity that must be immediately exchanged in equal amounts. These types of substances are called Ribawi, and traditionally include silver, dates, wheat, salt, and barley. Therefore, the idea of using precious metals as an investment vehicle or as wealth retention is new.

Why NOT owning gold is simply foolish.

Mike clears up the misconception between nationalizing and confiscating gold. And why some bullion dealers push investors into numismatics even though most of the time they make bad investments. (You'll also learn why GoldSilver does not sell numismatics.)For more precious metals insights from Mike, watch these exclusive bonus videos from the 2016 Silver Summit. Or read GoldSilver's comprehensive guide, Gold Confiscation: History, Myths, And Real Solutions.

The next crisis will be beyond the scope of central banks to contain because they have failed to normalise either interest rates or their balance sheets since 2008.

"The Federal Reserve’s balance sheet has exploded. Anyone who has surplus funds should be holding gold and silver because the dollar should be reduced already to the level of toilet […]

In today’s "Fake News" episode, we dissect the rebirth of Joseph McCarthy’s 1950’s communist witch hunt – the Red Scare...and explain why we think gold has bottomed:

the collapse that is underway started in Europe. It will then migrate to Japan, and finally come to the USA.

David Stockman reveals the few simple steps the Fed must take if there’s any hope of restoring American prosperity.

there is a bright side to Yellen raising rates next month and kicking over the entire apple cart that is the U.S. economy. She’ll have room to cut interest rates twice in 2017 before she has to dive into negative interest rates.

The goal is to eliminate ATM machines and force people to pay using their mobile phone beginning in November 2017.

Welcome to the world of collapsing socialism. This is where government get to rip us all off to survive.

In Europe, the single currency has totally failed because it required a single debt. The refusal to consolidate the debts has been the death of the Euro.

The Gold Sector Is On A Major Buy Signal. The Cycle Is Now Up

The euro's survival is under increased threat following the political instability caused by the Italian referendum result, German business bosses warned yesterday, raising further questions about the long-term viability of Italy’s membership of the currency union.

"We don't know what the fiscal policy is, we don't know how big it is and we don't know when it's actually going to occur," Dudley said in an exclusive interview

Since Trump's victory, rising mortgage rates have made homes the least affordable since the Great Recession.

[There have] been five major rate hikes during recoveries by the Federal Reserve, and every one of them resulted in a lower dollar, not a higher dollar."

Ann Pettitfor and Jim Rickards: The Future of the International Monetary System - Gold, SDRs, or More of the Same?