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Precious Metals News

Bullion Dealer of the Year Voting Suspended

Bullion Dealer of the Year Voting Suspended

Unfortunately due to current SEC actions against one of the finalists in this year’s Bullion Dealer of the Year public vote, we have made the decision to temporarily suspend the vote in the affected category. The vote will re-open shortly with the company concerned now disqualified from the vote.

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Will Central Bank Gold Demand Drive Prices to $3,000?

Will Central Bank Gold Demand Drive Prices to $3,000?

Central bank gold demand last year was undoubtedly one of the main takeaways in the market. That’s an accomplishment of sorts, since central bank gold demand has been one of the primary drivers of gold prices over the past decade.

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Holding Gold Is Like Holding a Wildcard

Holding Gold Is Like Holding a Wildcard

Investors don’t have to guess. Holding tangible assets with universal value and appeal is a better way to prepare against the coming changes. There will be a market and a price for commodities, real estate, and precious metals regardless of what money people might use.

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Bullion Dealer of the Year 2023 Voting Progress

Bullion Dealer of the Year 2023 Voting Progress

In what has been a very active 5 days of voting, the Bullion Dealer of the Year 2023 Finals are well underway with some strong leads already being established… With two weeks remaining – anything could happen!

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Top Billionaire Says China Preparing for US War Using Gold

Top Billionaire Says China Preparing for US War Using Gold

Ray Dalio doesn’t like the tensions building up between the U.S. and China. It’s a 2016-style flashback, intensifying quarrels with China over global trade. At the same time, 2016 was a while ago! We can no longer call the U.S.-China conflict a “trade war,” because there is a real and ugly war going on in Ukraine

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Treasury Secretary Panics: ‘Economic Chaos Will Ensue’

Treasury Secretary Panics: 'Economic Chaos Will Ensue'

On Sunday, U.S. Treasury Secretary Janet Yellen warned that ‘financial and economic chaos will ensue’ if the U.S. government’s borrowing limit isn’t raised. If that wasn’t dramatic enough, she also said on ABC’s “This Week” that a default would bring about an ‘economic calamity.’

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The Fed Has Virtually Guaranteed a 2023 Recession

The Fed Has Virtually Guaranteed a 2023 Recession

It’s worth remembering that the Federal Reserve chair is an appointed, not an elected, position. Powell can survive a period of unpopularity more easily than any member of Congress. And that’s good news for him, because he’s going to be unpopular in the White House (and on Wall Street) for quite some time…

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Precious Metals Surge as Banking Collapse Continues

Precious Metals Surge as Banking Collapse Continues

Remember when the collapse of Silicon Valley Bank was the second-largest bank failure in U.S. history? Seems like just yesterday – which, in a figurative sense, it was. It’s been barely two months since Silicon Valley fell to earth and triggered a wave of anxiety over the banking system unseen since the 2008 financial crisis.

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Top in Stocks? Implications for Gold Miners and… Profits

Top in Stocks? Implications for Gold Miners and… Profits

The profits in the FCX increased once again, but junior miners didn’t decline despite the S&P 500’s downswing. Why would this be the case? In my analysis yesterday, I warned about the volatility that we might see this week, mainly due to Fed’s interest rate decision, but…

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New Bank Failures Accelerate Global Gold Rush

New Bank Failures Accelerate Global Gold Rush

Over the weekend, federal regulators seized First Republic and cut a deal with JP Morgan to assume most of the failed bank’s assets. This should come as no surprise to regular readers – I discussed the contagion spreading across the banking sector back in March. So this isn’t a surprise, but is it still worthy of concern?

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U.S. Mint Failures Bring Discredit to America

U.S. Mint Failures Bring Discredit to America

Demand for coins, rounds, and bars surged when the failure of Silicon Valley Bank awakened investors to the possibility of systemic problems among smaller and regional banks. Despite the massive spike in demand for bullion coins three years ago, the dysfunctional U.S. Mint has somehow managed to produce fewer coins.

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Monthly Reversal in Gold Price and Gold’s Outlook

Monthly Reversal in Gold Price and Gold’s Outlook

In Friday’s analysis, I wrote that gold price was likely about to form a monthly reversal – and now it’s a fact. Will gold slide? Bullion.Directory precious metals analysis 01 […]

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Sound Money Legislation Rapidly Gaining Traction in Many US States

Sound Money Legislation Rapidly Gaining Traction in Many US States

As the US Federal Government and Federal Reserve head ever more into the abyss of destroying the value of the US dollar, there is an accelerating counter force emerging in the US that is the antithesis of this Federal Government and Federal Reserve madness. That is the Sound Money movement.

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Once Again $2000 is Ceiling for Price of Gold

Once Again $2000 is Ceiling for Price of Gold

The price of gold moved higher yesterday, but did it manage to rally back above $2,000? No! Despite USDX’s weakness, it didn’t. And this means that the odds for a bigger rally from here declined while the odds for a bigger decline increased.

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This Coming Financial Crisis Is Different, but Gold Is the Same as Ever

This Coming Financial Crisis Is Different, but Gold Is the Same as Ever

This week, Your News to Know rounds up the latest top stories involving gold and the overall economy. Stories include: What to watch out for in the coming financial crisis, Citi thinks $30 silver is a lowball forecast, and how to solve the debt ceiling stand-off with a single platinum coin…

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What a Week in Gold Price! What an Invalidation!

What a Week in Gold Price! What an Invalidation!

Did last week’s market plunge below the $2,000 level provide the final confirmation? And why is this big news? I wrote in number of occasions that the gold price was unlikely to hold the breakout above the $2,000 level. Last week provided the final confirmation.

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Stagflation Risk Mounts in Banking Crisis Wake

Stagflation Risk Mounts in Banking Crisis Wake

There’s little dispute that the turmoil we saw upsetting the financial system a month ago has subsided. But have we really seen the last of it? A number of expert observers, including former Treasury Secretary Larry Summers, have been saying it’s a little too soon to give the “all clear” on the turbulence…

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Biden Plays Russian Roulette With Your Family’s Future

Biden Plays Russian Roulette With Your Family’s Future

Depending on the source you check, the U.S. debt ceiling has been lifted or modified approximately 102 times since its inception in 1917. By June of this year, that number is likely to increase by one, and that means the U.S. debt is poised to skyrocket after it happens. But what if things don’t go according to plan?

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How Not to Think About Gold

How Not to Think About Gold

Spend any time in the gold market and you will be bombarded with all kinds of theories about what drives gold and silver prices. It’s the money supply dummy! No, it’s “real” interest rates! No, no, it’s mine production! Then there are the non-theories…

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Why Gold is a Must in a Banking Crisis

Why Gold is a Must in a Banking Crisis

There are many reasons to buy and hold physical gold. The lack of counterparty risk, the diversification, and the hedge against inflation are among the top reasons to own the monetary metals. The public is only in the early process of figuring out why gold ownership is an absolute MUST during a banking crisis.

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Boom! There Goes the Gold Breakout Above $2,000!

Boom! There Goes the Gold Breakout Above $2,000!

Looks like we just saw the first small “boom” in a controlled demolition on the markets. The only reason it’s “controlled” is because the prices are likely to fall in a specific pattern (in tune with how they declined previously) and not crumble instantly.

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Bullion Dealer of the Year 2023 Finalists Announced

Bullion Dealer of the Year 2023 Finalists Announced

In what has been a close-fought race to qualify, the finalists in the 2023 Bullion Dealer of the Year have been selected, with new categories and some new faces reaching the finals for the first time.

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What XAU Index Tells Us About Gold & Silver Stocks

What XAU Index Tells Us About Gold & Silver Stocks

The XAU Index is great for assessing what’s really happening in the precious metals market. One of the most important (and one that we have the longest dataset for) indices present on the precious metals market is the XAU Index.

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Silicon Valley Bank and the Importance of Considering Risk

Silicon Valley Bank and the Importance of Considering Risk

Despite all of the risk-management protocols in place for the banking industry, this most prominent of threats to Silicon Valley Bank – and the one that ultimately flattened it – was either missed or ignored by risk-management professionals at all levels.

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TWO Days Remain to Shortlist Your Favorite Bullion Dealers

TWO Days Remain to Shortlist Your Favorite Bullion Dealers

There has been some incredibly strong voting to shortlist companies for our 2023 Bullion Dealer of the Year and with only two days remaining until the shortlisting vote closes we’re seeing some very close races being fought to be within the top-5 in each category

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Steve Forbes Infuriates Global Elite with New Gold Prediction

Steve Forbes Infuriates Global Elite with New Gold Prediction

Steve Forbes demands a return to the gold standard, gold’s fair value is closer to $3,000 than its current price, and U.S. states aren’t waiting for a national gold standard – they’re busy authorizing their own.

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Gold & Silver Stocks are Still… Stocks

Gold & Silver Stocks are Still… Stocks

I’ve recently written much about the link between now and 2008, and it has profound implications not just on gold and silver stocks but also on other stocks.Based on what happened in 2008, it seems that stocks are about to move much lower in the following months. Let’s take a look at the markets from a more short-term point of view…

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Bank Depositors Flee on Yields AND Solvency

Bank Depositors Flee on Yields AND Solvency

Absent a complete reversal in monetary policy and a push back toward zero percent interest rates, the banks are going to have a very hard time competing. Another wave of bank failures may not be far away.

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