Precious metals news

There are some subtle differences, but McDonalds generally serves the same pink foam disguised as beef wherever you go. So in theory it should all cost the same. When a […]

Join Mike Maloney as he discusses data on the dangerous situation Australia now finds itself in, especially in regards to China and exports.

Investors in the traditional stock market were spanked in August in what may very well be a blast of volatility that telegraphs rougher times ahead. 

Because of modern banking, Interventions & purchasing power of money going down, there are no safe havens other than Precious Metals

The truth is that Russia and China have BOTH been dumping dollar-denominated assets for MONTHS...

Well, THAT didn't take long...

“We don’t want people to panic but we do want them to be aware of the heightened risk.”

Mexico's vulnerabilities pose a huge risk to the U.S.

It looks to me that China has taken the last amounts of physical gold from the GLD. I guess the only place left for China to receive physical gold will […]

Thousands of years and one monetary cycle after the next reveals those who holding power over money are also on a quest to poison the canary.

"With QE, all around the world by central banks there is no safe asset anymore... “I would rather focus on precious metals, gold, silver, platinum because they do not depend […]

Christopher Whalen discusses China, the markets and banking.

Who needs the barbarous relic anyhow?? 

China has decided to take matters into its own hands…by burying two twin fangs into the US Dollar standard. Eurasia is ready for this rocket to begin…and to benefit, on their balance […]

Peter Schiff shared his perspective on the gold market with Kitco News yesterday. Other guests on Kitco have insisted that the Federal Reserve has no choice but to raise interest rates in September, or else the Fed won’t be able to deal with a looming recession. Peter counters this by pointing out how a small rate hike immediately followed by quantitative easing and an rate cut would completely undermine the Fed’s credibility. What about the price of gold? It will rise when the markets wake up to the fact that the Fed’s biggest easy money days are yet to come.
It’s the strength of the dollar and the anticipation of future strength of the dollar [that is driving gold right now]. So many people misunderstand the true strength of the US economy. They don’t understand that it’s a bubble, not a recovery. They’ve misinterpreted what they believe the Fed is going to do. They think the Fed is going to be raising rates, shrinking its balance sheet. That is not what it’s going to be doing...

Yesterday, the Arms Index (TRIN) spiked dramatically to levels not seen since 2011 and nearly twice as high as last week’s “Black Monday.” The Arms Index is a way of measuring how balanced the stock market is, with higher values suggesting the market might head in a bearish direction sooner than later. As ZeroHedge describes it:
A sudden surge in the TRIN indicates a jump in trader lack of confidence, as everyone scrambles to either go long the 2-3 rising stocks, or to sell or short the biggest decliners, ignoring the bulk of the market.

Of course, the Arms Index is a purely technical indicator that stock speculators watch closely, but it coincides with a growing mountain of data pointing to frightening volatility in American stocks and major cracks in the rosy mainstream narrative of an economic recovery in the United States. International banks, investment firms, big-name fund managers, and everyday technical analysts have all been sharing insights into terrible data...

Five Chinese navy ships are currently operating in the Bering Sea, off the coast of Alaska, the first time the U.S. military has seen such activity in the area, Pentagon […]

A perfect storm of failing trends...

There’s certainly some unusual behavior on the COMEX...

Signs of ‘smoke' are everywhere...