Precious metals news

Silver has been money longer than gold, it is the people’s money or “poor mans gold”.

...Gold and Economic Freedom are Inseparable

Since the stock, bond and real estate markets are all correlated, it's a question with no easy answer. Everyone who's not paid to be in d...

J.P. Morgan moved the financial capitol to New York City. It was from there that he organized the Gold loan for the U.S. during the Panic of 1896.

Given the still-subdued economic growth many experts are of the view that the presence of cash has constrained central banks from setting negative rates to stimulate the subdued economic activity.

Foxconn has deployed 40,000 robots in its factories in mainland China as it aims to reduce the number of workers at its plants creating digital devices.

What happens should both the housing and car bubbles pop? Well, buy stocks (again) or (even more) bitcoin, because in China, where the total amount of bank deposit is in the mid-$20 trillion range, the bubbles never actually die, they just get recycled.

If this election gets stolen, all American people are going to be targeted. We are all going to be destroyed. . .

One of the greats in the business, John Hathaway, says that we have now entered a momentous period for gold

CEO John Stumpf will retire effective immediately, the company announced Wednesday, marking a stunning downfall for one of the banking industry's most powerful figures.

Late last week the Non-Farm Payroll Report was released. Peter Schiff laid out the details of the official scorecard on U.S. job creation and unemployment in his latest podcast. The big story of the reported “employment gains” is that they lump full- and part-time jobs together. They aren’t taking into account that when someone loses a full-time position in a field like manufacturing, they often have to get two, maybe even three part-time jobs to fill the financial void left over from a layoff.
As Peter Schiff explains, the quality of jobs added is more important than the gross number of jobs added. And by all accounts, the September report is bad news. Peter goes on to discuss a recent CNBC interview with Alan Greenspan, where he talked about the current stagflationary environment of the U.S. with slow economic growth and elevated inflation. That is the best possible environment for investing in gold and silver, and it’s only a matter of time before others wake up to the fact t...

Murphy’s Law, applied to gold and silver: the price will fall right after you buy.New GoldSilver Law: it doesn’t matter. Prices will be a lot higher in a couple years (and you should focus on how many ounces you own anyway).As most of you know, gold and silver have been on a tear this year. Gold hit $1,363.75 (based on London PM fix) on August 2. But yesterday it fell to $1,253.45, what amounts to an 8.1% pullback.As you’re about to see, this decline is completely normal. That’s not me saying so; that’s what history shows.

Maybe it’s not now recession fatigue fatigue but rather technocratic fatigue.

Last week I published the first part of a conversation [5] I had recorded with Daniel Want, the CIO at Prerequisite Capital Management. Today I have the second part of our conversation for you.

Reality, it would seem, is too expensive to see with naked eyes. If you prefer, you can Redneck the exercise and pop on a pair of beer goggles.

A “structural change”: capital flight in yuan.

Global central banks' repeated moves into negative interest rate territory would seem to suggest some positive outcomes. Read on →

David Stockman shows you why there probably isn’t much time. And why there won’t be any “fiscal stimulus” to fight the next recession. Why not?

With three dissenters and no good reason (based on their own data) to stay on hold in September, The Fed chickened out...

It almost seems like an episode from the Twilight Zone… or some bizarre parallel universe. That’s the investment environment we’re in now.