Precious metals news

Some paper currencies are destroyed almost absentmindedly. Others are ruined intentionally. By contrast, every Gold & Silver coin that was ever struck is still valuable today

This declining growth trend has been compensated for by soaring levels of debt to sustain the current standard of living.

...while influencing certain actors to engage in irrationally stupid behaviors may yet condemn many in the modern central banking community to a new level of the Inferno.

Merk Investments President and CEO Axel Merk discusses fed policy. He speaks on "Bloomberg Markets." (Source: Bloomberg)

The only thing that makes me feel that maybe, just maybe, there’s hope for free enterprise, and free market capitalism going forward is from the reaction of those in that hall once we conclude.

The Western welfare states know many ways to get rid of their enormous sovereign debt — at great cost of their citizens. Once the debt burden becomes unbearable, the government simply reforms the currency.

No other economic concept has created as much confusion and in-fighting among economists as the idea of inflation. Along with its antithesis deflation, they have been the boon and bane of many monetary policy makers, detractors, and admirers for decades.
But what does inflation really mean? How does it affect the average business owner or the average individual?  More importantly, how do governments and central banks use inflation to justify their own actions? These are essential questions to understand for anyone interested in making informed decisions to protect their wealth.

When it comes to currencies and inflation, my go to guru is Everbank's Chuck Butler. Chuck writes the Daily Pfennig which is a must read. He keeps us up to date on the currency markets and his predictions are almost always spot on – generally well ahead of everyone else. Chuck also has a terrific sense of humor. He goes in…

you wonder whether concern about deflation -- and the unprecedented global scramble to avoid that price phenomenon

No bull market is sustainable on a nonstop price spike, says technical analyst Jack Chan, and he predicts the current gold bull market will soon correct, providing an good entry […]

With negative rates across the board, is it any wonder that liquidity is drying up?

First it was Brexit, then it was the Italian banking sector and now it’s Portugal’s surprisingly slow growth that’s threatening the stability of Europe’s financial system this summer.

Peter Schiff's insight on the Fed's next move

sooner or later the bubble will burst, but until then it will be covered by the only way the US government knows: with even more debt.

Today, the regulator for Fannie Mae and Freddie Mac, FHFA, announced yet another mortgage refinancing "offering" aimed at borrowers with high loan-to-value (LTV) ratios. Washington, D.C. – The Federal Housing Finance Agency (FHFA) today announced that Fannie Mae and Freddie Mac (the Enterprises), at FHFA's direction, will implement a new refinance offering aimed at borrowers…

I think most of us are sick of Fedspeak, hoping it will be more Jackson Hole than a Black Hole.

Translation: Fed projections have been wrong, and the central bank doesn’t know how to make them any better in the future.

Once admired as wise and deft, the Federal Reserve failed to foresee the crisis and has struggled in its aftermath, contributing to the U.S. economy’s struggles and the public’s political funk.

Hat Trick Letter Editor Jim Willie believes a complete economic collapse is on the horizon.  Will the government attempt to confiscate gold and silver coins?  Are 90% junk silver coins […]

As the Bank of England seeks to ease Brexit angst by injecting money into the U.K. economy, pension managers and insurers are finding themselves caught up in a vicious circle.