Precious metals news

The move is the first clear sign that the central bank intends to take action to keep a lid on yields, and caught markets off guard.

Clif High can’t name a price for gold and silver, but his “predictive linguistics” says, “At some point in 2017, probably past mid-year, we’re going to be looking at hyperinflation […]

Can Donald Trump Stop the US Dollar Collapse?

You Need to Own Physical Gold

....then we will see what the world really looks like. We're guessing it will be very gold friendly.

Paul Brodsky: The world’s largest central banks and the IMF continue to store & add to their gold reserves, we surmise, because it might come in handy one day.

Professional Precious Metal trader Andrew Maguire talk's about how paper money is used to suppress the gold price

Gold production may peak in the next three years. “We are having a heck of a time finding gold,”

This will preserve your wealth in the coming collapse and mitigate an “ice-9” freeze of your assets. You don’t have to be helpless when the crisis arrives.

CHAOS IN INDIA AS THERE IS NO LIQUIDITY AND GOODS ARE NOT MOVING: LINEUPS TO BUY PHYSICAL GOLD

(not teh drop towards the end of day sparked by Carl Icahn's comments that "stocks have run ahead of themselves since Trump won the election"

Jim Rickards,the chief global strategist at West Shore Group, appeared on Bloomberg Markets to discuss the next financial crisis. Rickards said he sees next US downturn approaching a tipping point soon. However, the Federal Reserve’s response to restoring financial solvency will be much different because there’s no place left to go with monetary policy.
“The next time, they’re not going to print the money because they’re tapped out,” he states. “They’re going to lock down the system.” In a move Rickards refers to at the “bail in, lock down” plan, large sections of the financial sector will be deactivated to avoid bank runs and complete collapse. Rickards describes some of the more likely scenarios:
“Money market funds will suspend redemptions, bank ATMs can be reprogrammed to give you $300 per day for gas and groceries; they can selectively shut down the banks. We saw it in Greece. We saw it in Cyprus; we’re seeing it today in India. The banks are closing. They’re out of cas...

The Fed's Stress Tests Are Like the Wizard of Oz: An Illusion to Delude the Public By Pam Martens and Russ Martens: November 16, 2016 The only thing standi

Sam Zell, Equity Group Investment chairman, shares his thoughts on why the U.S. economy is not growing. ‘Softening up’ Dodd-Frank would boost economy: Sam Zell Why Zell Wants To Remove Trump’s Name We want to remain neutral, says Sam Zell, […]

The European Commission has warned eight members of the bloc, including Italy, that their budgets may fail to comply with EU budget rules.

, the potential for liquidity to evaporate in times of stress deserves careful scrutiny – along with broader risks to financial stability associated with changes in markets,” Fischer said.

I find stock market history fascinating. Financial professionals seek a Holy Grail by matching current market behavior perfectly to years past. It’s 1937. N

Shanghai Daily Chinese Central Bank to Develop Digital Currency CHINA’S central bank is recruiting blockchain experts to step up efforts to develop an official digital currency. The People’s Bank of China’s institute of printing science is offering six positions for the design and development

The world’s oldest central bank was the first to issue paper banknotes in the 1660s — is launching a project to examine what a central bank-backed digital currency would look like and what challenges it would pose.

The radical decision to withdraw 500 and 1,000 rupee banknotes in India has left low-income earners and tourists stranded.