Precious metals news

China is edging towards "financial calamity" and must wean itself off its debt addiction and reform if it is to avoid a crisis, the International Monetary Fund has warned.

U.S. and European equities are in for a bumpy ride into the end of the year.

"in our opinion it is not so much funding issues but rather derivatives exposures that more likely to trouble markets going forward if Deutsche Bank concerns continue. This is especially true if these concerns propagate into a confidence crisis inducing more rapid unwinding of derivative contracts."

Is the Bottom In For Gold and Silver Prices After A HORRIFIC Week For the Metals? Eric Sprott Explains Why We May Have Seen the Worst:

CARNAGE. Gold, silver, and their miners’ stocks plummeted out of the blue this week, shattering their bull-market uptrends.  Gold-futures speculators had been holding excessive long positions for months, weathering all […]

Precious metals suffered a torrid week, with silver particularly hard hit:

We will see a rise in the  gold and silver price starting Monday as China will be back from their one week holiday, and they will have a feast on […]

VIDEO: Not all investment managers are buying into the notion that gold's 2016 bull run has been cut short.

a continued strong physical demand for gold as a strategic hedge, limiting any downside, seeing the recent sharp gold selloff as a strategic buying opportunity

This was a big relief too, & very bullish for gold. If Tuesday’s plunge had been driven by the investors who fueled gold’s new bull market, that could be the vanguard of more investor selling.

We seem to be stuck. For the last couple of months, with the exception of the momentary blip to the downside, the market has spent its time within a fairly

We are transcending into an entirely different stage of our lives, our economies, our societies. Growth is gone.

Central bankers are struggling to live up to these requirements. Instead they’re undercutting their own positions by introducing quite unnecessary confusion into policymaking

The whole finance economy is shrinking. And it had to shrink – got too big as a percentage of world GDP. And it's going down.

Peak liquidity, globalization, inequality = peak returns, argues Bank of America.

The pace of global bond issuance has risen significantly this year according to JP Morgan’s September 30 Flows & Liquidity report.

Societe Generale’s Albert Edwards believes he has seen the future of US economic policy in a man called Kevin. Specifically, Kevin Warsh.

We are getting that pop in the dollar now against the Euro, Yen, and Sterling. This has been what the Fed is frightened about.

A wilting, stifled economy is the story this week with the Fed. They’re trapped, unable to bolster the economy and they have no ammo to halt inflation.
Regular Fed dissenter Jeffrey Lacker said this week he sees even bigger rate increases coming in if the Fed doesn’t start gradually tightening as soon as possible. His remarks sent precious metals tumbling. In his latest podcast, Peter Schiff discusses why the Fed can’t accomplish Lackers’ plan: “We have so much debt that if we try and fight inflation we’re going to have a worse financial crisis than 2008,” Peter said. “Because it can’t fight inflation, the Fed pretends it can do it.”

The convenience store down the road is being cleaned out. ‘There seems to be a run on cash,’ said a clerk at our bank. ‘