Precious metals news

Ladies and Gentlemen:  We are now having our old fashioned run on the bank: Gold is leaving the COMEX by the buckets....

Is the next MAJOR BULL RALLY in gold and silver prices underway? The Admiral of the Silver Market Eric Sprott explains: The Unintended Consequences have OVERWHELMED the Central Banks...

This time around, we informed our members that it didn’t matter what the Federal Reserve announced yesterday, that either announcement would turn out to be long-term bullish for gold and silver.

It seems as if the tide has changed as the U.S. imported a record amount of gold from Switzerland in July. Normally, the flow of gold from the United States has been heading toward Switzerland.

Gold surged sharply this week after the Yellen Fed yet again chickened out on raising its benchmark interest rate. Gold-futures speculators’ irrational fear of Fed rate hikes has been a major drag on gold.

No one has to be a victim of the global elite plan. You just have to see it coming. With inflation on the move here's how to protect yourself...

Michael Pento, explains how the U.S. is fast approaching the end stage of the biggest asset bubble in history

Here are some major concerns on Charles Hugh Smith's mind as we approach the end of 2016

The latest myth being promoted in economic circles is that median income growth exploded higher last year. The people promoting this myth obviously didn’t bother reading the actual report and don’t understand what the word “median” means.

With economic data remaining extremely weak, & leading indicators continuing to roll over, the “bad news is good news as the Fed stays on hold” scenario continues to play to investor’s favor….for now.

It was another day of volatility in the equity markets. The Dow Jones Industrial Average fell -131 points. Ever since the European Central Bank meeting on September 8, the DJIA has lost 218 points, despite a brief respite from The Fed with a no increase signal. This is not that surprising given The New York…

China’s debts have caught the worried eye of Fitch: Bad debts in the Chinese banking system are ten times higher than officially admitted…

Alan Greenspan is confused – again. The man who admitted to the world a decade ago he didn’t know much if anything about interest rates is now trying to change that reputation by sugges…

In what amounts to a election quarter surprise, The New York Fed just downgraded their "real-time" GDP forecast for Q4 to ... 1.22%. Here is the chart from The NY Fed: Not a good trend!

Now even the Bank for International Settlement (BIS) warn about the risks:

The horror stories that continue to spill out about what Wall Street banks are doing behind their cloistered walls have blurred the actual function of Wall Street

In light of the Fed rate hike news finally dropping this week, we can start looking ahead to the rest of the year. It’s a great time to be Fed Up with the election looming and global central banks making moves to preserve their economic health into next year.
In her press conference Wednesday afternoon, Janet Yellen said the Fed decided to keep rates at their current target but pushed that a hike before the end of the year was likely. The delay suggests Yellen and policy makers are continuing to keep up the illusion of economic health by maintaining an undercurrent of optimism despite the bad data continuing to come in.
“The case for an increase in the federal funds rate has strengthened," she said, citing a need to "wait for further evidence of continued progress” in the economy. Despite the renewed optimism express by Yellen, most economists are still skeptical of a November hike, given that it's just before the election.

If the global economy enters a new economic crisis it may lead to epic debt defaults, according to trade economists at the United Nations.

Economic World War 3? Bill Holter believes We May Not Make it Till the Elections...

Jim Rickards has predicted a major upset to the global fiat currencies including the US Dollar at the end of trading at September 30th as the Chinese Yuan is added to the […]