Precious metals news

The Federal Reserve's decision-making process over the last six or eight months has been "a bit puzzling,"

One of the more preposterous deeds of modern central banking is creating digital monetary credits from nothing & then using the faux money to purchase stocks

For the second quarter as a whole, industrial production fell at an annual rate of 1.0 percent, its third consecutive quarterly decline

There has been a lot of talk about helicopter money lately.
Last May, Janus Capital’s Bill Gross said structural changes currently occurring in the US economy will ultimately lead the Federal Reserve to adopt this extreme form of monetary policy. Last week, Federal Reserve Bank of Cleveland president Loretta Mester revealed helicopter money is indeed a possibility during an interview on ABC’s AM program:
We're always assessing tools that we could use. In the US we've done quantitative easing and I think that's proven to be useful. So it's my view that [helicopter money] would be sort of the next step if we ever found ourselves in a situation where we wanted to be more accommodative.”
Japanese officials have been seriously considering helicopter money. It now appears they won’t go all the way, but according to a Reuters report, Japan may try a “soft” form of helicopter money:

During an interview with Kitco News at FreedomFest, Peter Schiff said gold has entered a new leg of a bull market, and he expects the yellow metal to eclipse the highs reached in 2011:
I think this is a new leg of the gold bull market. I mean, gold’s been in a secular bull market since 2000…We had a cyclical bear market that I believe ended when the Fed hiked rates in December. And now we have the new leg of this bull market, which I think potentially could be an even bigger leg than the first leg, which saw gold go from sub-300 to close to 2,000. So, if this leg is bigger than that you can just imagine how high the price might go.”
Peter also reiterated his assertion that the Fed will not raise interest rates, and will in fact cut rates, most likely taking them below zero this time around. He also predicted another round of quantitative easing bigger than QE1, 2, and 3 combined.

"We're starting to see upward pressure on the inflation numbers," Jim O’Sullivan, chief U.S. economist at High Frequency Economics Ltd

As shown in the chart, despite asset prices ringing all-time highs, net equity inflows have turned decisively negative

As Global GDP growth expectations plumb new depths, world stock markets are surging to record highs...

Ahead of the next Fed policy meeting on July 26-27, a core group are now happy to keep interest rates unchanged, potentially for months

Creating "free money" to support bloated bureaucracies & corrupt cartels only makes the underlying problems worse

The amount of cash Beijing is shoveling into the economy is stunning

100 companies have defaulted on debt, 50 percent more than for the same period in 2015 & the highest level since 2009, according to S&P Global Ratings.

The Tokyo Commodity Exchange Inc. has announced today that July 25th will be the start date of new Gold Physical Transaction

THIS is a defining moment of a lifetime...

Alan Greenspan recently suggested we return to a GOLD STANDARD.  Fed slayer Ron Paul joins us to provide his thoughts and analysis...

A MILITARY COUP IN TURKEY IS IN PROGRESS! TURKISH LIRA CRASHES/SHOTS FIRED!/GOLD RISES BY 10 DOLLARS IMMEDIATELY ON THE NEWS!

Embry - If the hyperinflation occurs, I believe is inevitable due to the current global monetary policy, who knows how high the price can go

This is great news for those with price exposure to gold. Gold in many currencies is going up as confidence in those currencies goes down.

Their analytics are telling them it's not a good time to buy - that's definitely another red flag that they're pulling back at the same time as the less savvy investors are ramping up

There is a limit to how negative yields can go before money becomes meaningless