Precious metals news

GoldSeek Radio's Chris Waltzek interviewed GATA Chairman Bill Murphy yesterday, discussing what seems to be the U.S. government's lockdown on gold prices prior to the presidential election

Surging rates on dollar Libor contracts are rapidly tightening conditions across large parts of the global economy, incubating stress in the credit markets and ultimately threatening overvalued bourses.

SGE, world largest physical bullion exchange, says in other talks about similar cooperation

"If The Fed Has to Hike Interest Rates to Control Price Inflation, It's GAME OVER!" Alasdair MacLeod Joins Us From London to Warn "Its Only A Matter of Time": THIS […]

In stunning remarks made yesterday, Jim Rickards says that Trump “will probably win” and, if he does, stock markets will crash 10% and gold will rise $100 over night. “If Hillary […]

A rise of 44% this year for the sterling price of gold just shows what gold does best. It protects ordinary people from the failure of central bankers to protect […]

A TITANIC battle is underway, where the Eastern nations are discarding their USTreasury Bonds, and doing so in tremendous volume while they set up the many platforms and pieces to the […]

The gold miners’ stocks have certainly had a wild ride this year.  After initially skyrocketing out of deep secular lows into a mighty new bull market, they recently suffered a […]

We have long maintained the central thesis for gold is more complicated than a simple hedge against inflation, deflation or economic collapse.  We view gold as a mandatory portfolio asset […]

The notion that the gold price is based on the economics of “Supply & Demand” turns out to be incorrect as the cost of production is the leading factor. This is also true for most commodities and energy.

Gold is unobtainable for most people in the world the way it’s priced right now. If a global crisis hits silver is going to be remonetized by the free market. If it’s not just an industrial metal, …

In the past, we've seen that when global turmoil increases, investors’ focus shifted towards safe-haven assets like gold and the yen.

What is dictating prices in all currencies are their moves against each other, not just against the dollar, for the dollar tries to pull back, when too high, lifting gold prices

higher inflation reduces the real interest rates and gold usually blossoms in the environment of low real interest rates.

In respect to gold and silver, that upside run is – as a Canadian would say – "written in the rocks."

There is little doubt that the rapid expansion of both dollar-denominated debt & monetary quantities since the financial crisis will lead us into a currency crisis.

I have written previously about being stuck in a trading range. “Over the past couple of months, we have continued to drift from one economic report...

Despite today's GDP numbers and many expecting a rate hike in December, get ready for years of continued low interest rates for a struggling economy. A rate hike this year will simply be “too little, too late” for our weakest economy since 2008. Learn more about how the Fed factors into all of this in this week's Fed Up Friday.
There are an increasing number of hawks at the Fed who are at odds with Yellen’s monthly plans to continuing the policy of waiting for “good” data. Many see last September’s meeting as being “the straw before the straw” that breaks the camel’s back. There seems to be a growing division between the two camps, with more hawkish members putting up a tougher fight in December.
As Peter said in his latest podcast, a December rate increase will “too little too late” to negatively affect the gold market. “The Fed is going to deliver far less than it promised when it comes to rate hikes.”

The way that economic data is presented, we often think of inflation as a singular number representing a general increase in prices.

Rising inflation crushes the purchasing power of the bottom 95% whose incomes are not rising along with double-digit cost increases in big-ticket expenses.