advertising banner for bullion vault

Precious Metals News

Could Silver Outperform Gold This Year?

Could Silver Outperform Gold This Year?

Global silver demand in 2024 projected to be second highest on record – some analysts project a 20% price increase in silver this year. Through the first two weeks of March, gold surged into record territory, jumping roughly 6% to well over $2,100 per ounce. In the same period silver has risen even higher on a percentage basis, climbing nearly 12%

Full Article

Will Silver Steal Gold’s Spotlight?

Will Silver Steal Gold's Spotlight?

Gold has garnered a lot of attention in the last few weeks with its record-setting run. Since the end of February, gold is up nearly 7 percent and set an all-time record of $2,195 an ounce along the way. This is really good news for silver. That wasn’t a typo. I meant silver. I’ve been arguing that silver is drastically underpriced for quite a while.

Full Article

Quarter Later: History Rhymes for Gold Stocks

Quarter Later: History Rhymes for Gold Stocks

Gold and gold miners moved higher yesterday, turned a few heads, and now they’re back down. What’s next? Yesterday might have seemed like a big deal, but… If you read my weekend Alert, you knew that seeing a double-top here was one of the possibilities that would NOT change the outlook. After all that’s how gold topped in 2011.

Full Article

5 Big Tax Breaks for Older Americans

5 Big Tax Breaks for Older Americans

The last few years have featured heavy doses of economic turmoil for most older Americans trying to save for their retirement. That turmoil includes persistent (possibly long term?) inflation, pandemic panic, and even the potential for a near-term recession. So let’s take a moment to cover a bit of good news.

Full Article

Gold Outlook 2024 Brief

Gold Outlook 2024 Brief

This is a preview of our annual Gold Outlook Report. Every year we take an in-depth look at the market dynamics and drivers giving our predictions for gold and silver prices over the coming year. The talking heads are talking about recession, unemployment, and inflation, same as they’ve always done, though now perhaps with a bit more urgency.

Full Article

Price Inflation Is Sticky and That’s a Problem

Price Inflation Is Sticky and That's a Problem

Price inflation is like the gum on the bottom of your shoe that you just can’t scrape off. Or maybe it’s like a movie theater floor after a big premiere. It’s sticky. And that’s a problem. The CPI data for February wasn’t anything to panic about. But nobody is throwing a party either.

Full Article

Gold Hits New All-Time High (And Nobody’s Sure Why)

Gold Hits New All-Time High (And Nobody’s Sure Why)

This week, Your News to Know rounds up the latest top stories involving precious metals and the economy. Stories include: Gold notches another all-time high over $2,180, analysts are acknowledging that gold’s surging price confuses them and understanding bitcoin vs. gold comparisons.

Full Article

Consumer Discontent: Why Americans Are Glum About Economy

Consumer Discontent: Why Americans Are Glum About Economy

One of the more curious mysteries of the Biden years is the disconnect between what looks like solid economic data and how Americans actually are feeling about the economy. The government’s headline unemployment rate may be the most notable example of the data at issue.

Full Article

Can You Borrow Your Way to Prosperity?

Can You Borrow Your Way to Prosperity?

Can you borrow your way to prosperity? American consumers are certainly giving it the old college try. Consumer debt surged once again in January, rising by $19.5 billion, according to the latest data from the Federal Reserve. On an annual basis, consumer debt rose by 4.7 percent to a record $5.04 trillion. The jump was double the projection.

Full Article

As in 2023, Central Banks Are Buying Yet More Gold

As in 2023, Central Banks Are Buying Yet More Gold

Central banks took up where they left off in 2023, adding more gold to their stockpiles to kick off the new year. Globally, central banks increased their gold reserves by a net 39 tons in January, according to the latest data compiled by the World Gold Council. There were no notable sellers in January.

Full Article

Gold Price Forecast for March 2024

Gold Price Forecast for March 2024

Forecasting gold prices is not easy, but right now it seems that we have quite many factors aligned. The market buys on rumors and sells on facts – even if they are positive. But if the facts are negative… Then the market sells substantially, and the price declines significantly. For now, the market continues to exaggerate its reaction…

Full Article

Biden’s Russia Threat Sends Gold to All-Time Highs

Biden's Russia Threat Sends Gold to All-Time Highs

The United States enjoys the privilege of issuing the world’s reserve currency. But it increasingly uses that privilege as a hammer to shape foreign policy. Could Americans end up feeling the blows from that hammer? Economist and the author of Currency Wars Jim Rickards thinks that’s already happening.

Full Article

Gold Sets Record High Closing Price – What’s Next?

Gold Sets Record High Closing Price – What’s Next?

This week, Your News to Know rounds up the latest top stories involving gold and the overall economy. Stories include: Gold sets new all-time-high closing price as analysts wonder what’s next, are our national gold reserves finally coming into question? and silver as a symbol of Poland’s strength. This week’s moves will be in the limelight…

Full Article

Silver Demand at Near-Record Levels

Silver Demand at Near-Record Levels

Silver demand is expected to hit 1.2 billion ounces this year. That would rank as the second-highest annual silver demand on record. Record industrial demand for silver is expected to drive overall silver offtake this year, according to an article in the latest edition of the Silver Institute’s Silver News.

Full Article

Soaring Household Debt & Surging Delinquencies a Concern

Soaring Household Debt & Surging Delinquencies a Concern

Household debt in America now stands at a record $17.5 million. Economist says rising debt delinquencies could turn mild downturn into a major recession. When you hear the term “economic uncertainty,” what comes to mind? If you’re like many people, you probably think of things such as…

Full Article

Hey Fed! You’re Part of the Spending Problem!

Hey Fed! You're Part of the Spending Problem!

During a recent interview aired on 60 Minutes, the Fed chairman said it was time to have an “adult conversation” about the national debt and conceded that the U.S. government is on “an unsustainable fiscal path.” Powell said, “We’re effectively borrowing from future generations,” and that it is time for us to put a priority on “fiscal sustainability.

Full Article

Gold & Stocks Might Be Doing Something Critical Here

Gold & Stocks Might Be Doing Something Critical Here

Miners declined as expected, but today’s action is so far in gold and stocks. Both will impact miners. Let’s start with gold. From the daily point of view, we just saw another move toward the 61.8% Fibonacci retracement based on the recent decline. This level was not touched, let alone broken. Today’s intraday high wasn’t above the Friday’s intraday high.

Full Article

What’s Gold Doing? Exactly What It’s Supposed to…

What’s Gold Doing? Exactly What It’s Supposed to…

This week, Your News to Know rounds up the latest top stories involving precious metals and the overall economy. Stories include: Ronald Stoeferle explains why gold has been an outperforming asset worldwide, how the U.S. will rein in budget deficits with your money and are European silver investors finally getting a break?

Full Article

Yet More Reasons to Question CPI Data

Yet More Reasons to Question CPI Data

According to the latest Consumer Price Index (CPI) data, prices rose by 3.1 percent over the last year. Based on my own experience at my local shopping center, that seems low. And it may well be. There are reasons to doubt the accuracy of CPI data. According to a recent report released by the Bureau of Labor Statistics (BLS) weak response rates…

Full Article

Top Investment Banks Forecast Rising Gold in 2024 and Beyond

Top Investment Banks Forecast Rising Gold in 2024 and Beyond

Leading investment banks forecast gold heading well into record territory, with Citi stating De-dollarization could be key to $3,000 gold in 2025. Those familiar with the movement of precious metals prices likely are familiar with gold’s historical interest-rate sensitivity and how changes in rates can impact prices…

Full Article

Bad Commercial Real Estate Loans Strain Banking System

Bad Commercial Real Estate Loans Strain Banking System

The commercial real estate market continues to deteriorate in this high-interest rate environment, putting stress on the banking system. The dollar amount of bad commercial real estate loans has ballooned beyond the loss reserves held by big banks to cover them as more and more borrowers struggle to keep up with payments.

Full Article

Stocks Try Again, But Gold Price Doesn’t

Stocks Try Again, But Gold Price Doesn’t

Nvidia surprised positively and it soared in overnight trading as well as in the early market trading. And while it managed to take stocks higher, it didn’t take gold higher. The S&P 500 index futures are up, and they moved close to their previous highs without breaking them. In other words, it’s “here we go again” on the stock market.

Full Article

Recession Alert: Biden Wants You to Ignore This

Recession Alert: Biden Wants You to Ignore This

What the Tsunami of Corporate Layoffs Really Means. There are so many signals that point to the possibility of entering a near-term recession, they are hard to ignore. But let’s look at the economic situation in this country from another perspective: What if the United States is already mired in a long recession that might have started earlier?

Full Article

Wisconsin House Votes to End Sales Tax on Bullion

Wisconsin House Votes to End Sales Tax on Bullion

Assembly Bill 29, primarily sponsored by Rep. Shae Sortwell, just passed out of the State Assembly by a bipartisan vote of 86-12. This popular bill is cosponsored by almost two dozen other legislators and enjoys wide support – and would align Wisconsin with the policies of 43 other U.S. states.

Full Article

The Gold-to-Silver Ratio Is Screaming BUY at Investors

The Gold-to-Silver Ratio Is Screaming BUY at Investors

This week, Your News to Know rounds up the latest top stories involving precious metals and the overall economy. Stories include: The gold-to-silver ratio makes silver look incredibly attractive right now, China’s motives for under-reporting its gold reserves and gold has become America’s most popular investment.

Full Article

Chinese Wholesale Gold Demand Sets January Record

Chinese Wholesale Gold Demand Sets January Record

Chinese gold demand kicked off 2024 with a bang. Wholesale gold demand set a record in January. Meanwhile, assets under management by Chinese gold ETFs reached an all-time high. China ranks as the world’s top gold consumer, and Chinese demand has a significant impact on the global gold market.

Full Article

Fed Bank Bailout Program Ends March… Then What?

Fed Bank Bailout Program Ends March... Then What?

The bank bailout program established by the Federal Reserve in the wake of last spring’s banking crisis is scheduled to shut down on March 11. Then what? There are a lot more questions than answers. For instance, will the Fed blink? And if it doesn’t, how will the end of the bailout ripple through the financial system?

Full Article

Could Central-Bank Demand Return Gold to Global Mainstream?

Could Central-Bank Demand Return Gold to Global Mainstream?

Recently, we’ve spent time examining the phenomenon – probably not too strong a word – of gold staying strong in spite of interest rates that have not merely risen, but soared. From March 2022 through July 2023, the Federal Reserve hiked America’s benchmark interest rate, the federal funds rate, 11 times, a total of 525 basis points.

Full Article