Precious metals news

The Bank of Japan said on Tuesday it plans to keep the amount of its bond purchases in all maturities unchanged from October in its initial market operations in November.

What Has Been The Real Driver Of The Gold & Silver Price?

The Fed will almost certainly keep interest rates unchanged this week. Anyone hoping for a clear signal about December’s meeting probably will be disappointed.

It's likely to signal a December rate increase. That's a mistake.

You may not be able to get gold. Right now, you can get it . . . but in a panic when it’s going up $100 per ounce per day, you’ll be watching the price go up, but you won’t be able to get it.”

There is little doubt that the rapid expansion of both dollar-denominated debt and monetary quantities since the financial crisis will lead us into a currency crisis. We just don’t know […]

Gold is on course to head as high as $1,500 per ounce, according to a technical analyst, who says the current environment will disrupt the usual inverse relationship between the U.S. dollar and the precious metal.

Gold is expected to post its highest average annual price in four years in 2017, a Reuters poll showed on Friday, after bottoming out this year following three straight years of decline.

Gold has surged this year as central banks around the world buy physical gold, and Russia has been perhaps the most aggressive

Gold clause contracts provide an avenue for states to promote the use and acceptance of gold and silver, and undermine the Fed’s monopoly on money.

During the last 40 years, central banks have gained power they previously could only fantasize about. They were given full control over the currency supply and interest rates. These are the tools to plan booms and depressions. Thanks to such […]

Friday’s release of the latest GDP numbers at 2.9% showed the biggest economic growth in two years. With the presidential election less than two weeks away, the timing of the release along with the estimate itself seems overly convenient for Hillary Clinton’s campaign. Weak GDP numbers and a stagnant economy have been one of Donald Trump’s biggest policy issues.
A closer look at the government’s GDP estimate reveals something else at work. In his latest podcast, Peter crunches the numbers and shows how 2.9% growth just doesn’t add up. The estimate is highly improbable given several different factors like a one-time surge in soybean exports due to poor South American harvests, incorrect deflator used in calculations, and a curiously low consumer sentiment level.
Taking just a few of these factors into consideration, the 2.9% becomes a much more likely 1.1%, which is more consistent with what we’ve seen this year. Even if the government’s GDP estimates are fairly accurate, the...

The NYSE has released new data for margin debt, now available through September. The latest debt level is up 6.3% month-over-month, the largest MoM increase in 17 months. The current level is only 1.2% below its record high set in April of last year.

The implications for an industry that is believed to hold about $80 trillion in assets, carry some dark undertones.

My continued impression is that the global equity markets broadly peaked in the second-quarter of 2015, and that the more recent marginal U.S. highs in August were a “throwover” in response to the post-Brexit plunge in global interest rates. H

Janet Tavakoli paints a particularly informative timeline of the greed & rot that has come to dominate the modern financial system, and how its tentacles have fully penetrated and subjugated the halls of power in Washington DC.

the concept of “increasingly dangerous bubbles” is quite compelling, and I believe that we will look back on this bull market and call it the “QE bubble.”

When the Summation Index falls below the zero line, there is a strong possibility that serious price deterioration lies just ahead.

What happens to gold and silver prices when the markets suddenly and violently un-price a Hillary Clinton Presidential Victory?

The entire financial world is holding its breath to see what the Federal Reserve decides to do at its next meeting in December. After having postponed a rate hike several times, it’s now increasingly likely...