Precious metals news

Volatility is waiting to explode due to unstable currency exchange rates, bank liquidity crises, geopolitical uncertainty, and a wild U.S. election cycle.

“A major decision point is rapidly approaching which will decide the fate of the market for the rest of the year.”

“The pundits have been raising red flags on the Canadian housing market for more than five years – & have been consistently wrong,”

For a longer-term perspective, here is a column-style breakdown of the inflation categories showing the change since 2000.

Some economists spin a story that the public debt can be expanded rapidly to facilitate GDP growth. Since 2001, public debt has increased YoY and has only been less than GDP growth when the debt ceiling wasn't raised. Otherwise. public debt growth is always higher than GDP growth. Even Federal Reserve Vice Chair Stanley Fischer is now…

It is widely accepted that by means of suitable monetary policies the US central bank can navigate the economy towards a growth path of economic stability and prosperity. The key ingredient in achieving this is price stability.

Following August's disappointing dump in Housing Starts (and Permits), September data is an utter disaster. Against expectations of a 2.9% rise, Housing Starts plunged 9.0% in September to 1.047mm - the weakest since March 2015.

pushing the total amount of custodial paper to $2.805 trillion, another fresh post-2012 low.

The US and Russia could drive the world into a global war if the conflict in Syria is not resolved, Turkey has warned. 

This is a video of Putin explaining the balance of power from the Russian viewpoint. He is absolutely correct in saying that an anti-missile system neutralizes

Janet Yellen is going to have to face the fact that rate hikes are desperately needed to save Main Street from the government monster that is enveloping almost everyone, including […]

U.S. Mint Silver Eagle sales came back with a vengeance in the first half of October, reaching 2,925,000 according to their most recent update today (Oct 18th).

The Bullion Banks' entire house of cards began to crumble under the weight of accumulated fraud, deceit & lies. Hang in there, my friend. We are winning.

Gold futures on Tuesday mark their highest settlement level in nearly two weeks helped by a pullback in the U.S. dollar from recent multimonth highs and as the U.S. offered signs of a pickup in inflation, which tends to be supportive for gold.

The difference between New York’s close and Shanghai’s gold prices is gaining momentum. Yesterday and today there is a $10 difference

China is marketing its yuangold price to foreign exchanges and Singapore is looking atbringing London's gold benchmark to users in Asia, in movesmeant to boost the region's exposure and influence in the globalbullion market.

Alasdair Macleod has over 40 years' experience in fund management, corporate finance and investment strategy. He believes government monetary policies are the biggest threat to our financial savings and independence. As head of Research at Goldmoney, Alasdair helps everyday consumers understand the benefits of using gold as both money and a store of value.
We are all too aware of monetary policy and its objectives of targeting both moderate inflation and full employment at the same time. We are of course talking about price inflation, monetary inflation being the means of achieving the objective.
Central bankers don’t seem to understand that these objectives are incompatible, and here’s why. When you expand the quantity of money or credit, you debase the savings and wages of everyone, with two general exceptions. If the Fed expands the quantity of cash, or narrow money, the banks benefit, and in all likelihood they pass this benefit on to the government by spending it on new...

In his latest podcast, Peter reports on the week’s economic numbers and takes the popular media to task for helping Hillary Clinton secure the presidency. Biased reports are showing Obama as a “deficit-reducing miracle worker,” while the debt-to-GDP has never been higher under his presidency.
“The media is constantly going to try to redefine a failed presidency as a success. One of the reasons they want to do that right now is they want that ‘success’ to rub off on Hilary Clinton … The media doesn’t even want to talk about the economy any more. If this election was about the economy, Trump would win. The only chance they have is to make the election about something else.”
That “something else,” of course, is Trump’s salacious comments and the sudden sexual harassment accusations that are coming out of the woodwork.

The SPDR fund tonnage increased again yesterday, and now sits at 967 tons. This is obviously good news for all higher gold price enthusiasts.

This is a must-listen for anyone who wants to understand how and why the SDR is nothing more than the monetary instrument of the one world, one Government globalists. At first, […]