Precious metals news

The storm clouds are rising & the conditions for a "perfect storm" are brewing. Sadly, most people are not going to understand what is happening until it is far too late.

If we compare total demand minus scrap supply, there is ten times more silver demand that is not recycled compared to gold

If the P/S of the S&P 500 were to revert to a sustainable historical average of 0.9x, the S&P index would fall by 57% to 912

EVERY time commentators say that bond yields cannot go any lower, the markets take delight in proving them wrong.

that the impairment is seriously increasing yet again. It quantifies highly unstable circumstances, economy, financially & beyond.

Has the "unprecedented scale & duration of monetary policy easing" by EU, US & Japanese central banks led to what is a historically slow recovery?

The fantastic bubble in government bond markets which has just got larger will likely add to the severity of the crash

Why do we think the propaganda machine wants to keep Americans from hearing the facts?

Over the years, I've had disheartening conversations with a number of college students and recent graduates about their personal finances.

Millions of Americans are saddled with student loan payments. And that’s just considering those who can actually repay their debt. Data released in March revealed that 46% of student loans are not currently being repaid.
But despite the squeeze student loan repayment puts on American budgets, few choose to refinance their debt at lower interest rates. A recent poll of American student debtors reported by Bloomberg reveals some interesting reasons why:
There's no overarching reason why they don't refinance, though 20.1% pointed to the federal loan option that ties payment amounts to what they're earning, and they didn't want to risk losing it. About a quarter of those who answered the poll…said they simply weren't aware of how to refinance. And 8.4% said they planned to seek forgiveness for their loans. (A third didn't specify why they weren't interested in refinancing; only 2% had been rejected when they attempted to refinance.)”
It’s revealing that many with student loa...

While investors have primarily focused on gold’s bull run, silver has quietly outperformed the yellow metal.
Between Jan. 1 and July 11, the price of silver increased 44.7%, according to the Silver Institute. The price of gold increased 27.7% in that same time period.
The Silver Institute said the surge in the price of silver was “fueled by increased investor interest in silver as a safe haven asset and as leveraged exposure to gold’s price rally.”
Demand for silver has been robust in both paper and physical markets. Exchange traded holdings of the white metal increased by 44.3 million ounces through the first half of 2016, hitting a record high of 662.2 million ounces.
Silver coin sales set a record in 2015 and kept up the pace through the early months of 2016, according to the Silver Institute:

The data on fund flows don't support the moves, the recent rally has been supported by institutional investors covering shorts, said Larry Fink, chairman & CEO of BlackRock

So who is right - The Fed or The Department of Labor?

Jim Rickards talk's about gold as a solution to the world's debt problems

Yesterday, Germany auctioned their 10 year sovereign bund auction. It generated Germany's first ever negative bund yield.

The Bank of England holds their official rate unchanged & surprised investors who were convinced of a rate cut on Brexit fears.

It has come to be a near truism that high levels of government debt & deficit spending suppress economic growth, but how exactly does that happen?

In fact, only 14% have $10,000 or more saved. Keep in mind this amount is small in the larger picture when you consider a basic new car costs $30,000

The two greatest periods of wealth inequality in the U.S. (the 1920s & today) have one critical element in common - there was no Glass-Steagall Act

Here are Silver's seven biggest price run-ups over the past 40 years, along with how long each lasted