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Precious Metals News

Gold Market to Look Past Fed Rate Hikes

Gold Market to Look Past Fed Rate Hikes

Last week’s release of first quarter GDP data was a disappointment, as GDP sank by 1.4%. Analyst expectations were calling for a rise of 1%. The surprise decline may signal a recession ahead. Optimists, however, say the GDP number may not be as bad as it looks.

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Crooked Banks Avoid Manipulation Prosecution

Crooked Banks Avoid Manipulation Prosecution

To many market watchers, it appears cheating continues unabated. The Department of Justice and the federal regulatory bureaucracies tasked with enforcing fair markets have only imposed a small amount of accountability for illicit trading practices.

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Ron Paul: ‘Inflation is a Polite Word for Theft’

Ron Paul: 'Inflation is a Polite Word for Theft'

Inflation isn’t a scary word, is it? It makes you think of blowing up balloons for birthday parties, the Macy’s Thanksgiving parade, maybe helping a toddler get their water wings on before an adventure in the swimming pool. It just sounds so innocuous.

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Analyst Reveals Number One Reason to Buy Gold Now

Analyst Reveals Number One Reason to Buy Gold Now

Keith McCullough, founder and CEO of Hedgeye Risk Management, says that the economy is heading towards something they label a “Quad 4,” a state of emergency warranting government intervention. A Quad 4 means disappointing growth and inflation, year after year.

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Silver Deficit Frames Bullish Outlook

Silver Deficit Frames Bullish Outlook

To begin with, gold and silver are still up for the year overall. By contrast, stock and bond markets are sticking investors with large losses. Investors are finding out the hard way that in an environment of high inflation and rising interest rates, there are no safe havens in paper assets.

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Fed Can Print More Money – But Food?

Fed Can Print More Money - But Food?

The head of the UN World Food Program is warning that this is going to be the worst worldwide food crisis since World War II, and even Joe Biden is admitting that the approaching food shortages “are going to be real”. Unfortunately, there have been some new developments…

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Chinese Lockdown and Inflation

Chinese Lockdown and Inflation

U.S. inflation now is at 8.5%. That’s the fastest year-over-year growth in the inflation rate since December 1981. Experts point to various culprits, including money-supply growth and geopolitical crisis. And now they say look for widespread lockdowns in China to push prices even higher.

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Why is Gold the Best Alternative Asset?

Why is Gold the Best Alternative Asset?

SPOILER ALERT: So, what if there was an investment that offered the benefits of diversification, return on investment and hedging? An investment that could help capitalize on both upside growth opportunities while also protecting against downside risks of loss?

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Inflation Problem Goes Far Deeper Than Biden

Inflation Problem Goes Far Deeper Than Biden

Joe Biden has committed more than his share of mistakes and missteps during the first 15 months of his administration.
Some, including a new federal spending spree combined with decisions to limit U.S. oil production and to weaponize the U.S. dollar against Russia, are contributing to the surge in price inflation.

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High Inflation Driving Seniors Back to Work

High Inflation Driving Seniors Back to Work

As you likely know by now, the year-over-year consumer price index (CPI) for March grew at 8.5%. The last time we saw CPI rise at a faster rate was way back in December 1981. Ronald Reagan’s first term as president was still in its relative infancy…

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Credit Suisse Say Fed Won’t Catch Inflation

Credit Suisse Say Fed Won't Catch Inflation

Could Record Inflation and Interest Rate Hikes Lead to Recession? Federal Reserve rate hikes have begun. But Credit Suisse says much-higher interest rates are needed to reduce inflation. Devlyn Steele explains further.

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Record Gold Sales at Dysfunctional US Mint

Record Gold Sales at Dysfunctional US Mint

Last week, the U.S. Mint reported sales of 426,500 ounces in gold coins during the first quarter of 2022 – up 3.5% from the first quarter of 2021 and the highest in 23 years! In fact, March sales for the U.S. Mint was its best since 1999.

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Part 3: Oil, the Ruble and Gold Walk into a Bar

Part 3: Oil, the Ruble and Gold Walk into a Bar

Can we all recognize the simple fact that every government price-fixing scheme, ever, has failed? For example, banana republics have declared their pesos to be worth $1. But when the market decides to redeem pesos for dollars 1-to-1, the central bank abandons the peg.

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The Only Thing Rising Faster Than Inflation?

The Only Thing Rising Faster Than Inflation?

Even the most hawkish Federal Reserve estimates that inflation for March could come in as high as 8.41%, with forecasts of a quarter-over-quarter rise to 9.1%. That’s not quite double-digit inflation, not yet, but it’s plenty alarming…

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Plunging Bond Market Signals Trouble Ahead

Plunging Bond Market Signals Trouble Ahead

As Russia appears to be on the verge of defaulting on its debt, the U.S. debt market is also signaling trouble ahead. Treasury bonds, long considered to be among the safest investments, are rapidly plunging in value as yields surge. It could end up being a lost decade – or worse – for bondholders.

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Dubai Directory Changes – No Website Required

Dubai Directory Changes - No Website Required

With the opening of our Dubai offices and our now having staff on the ground in the UAE, we’re delighted to announce we will be removing the requirement for Dubai-based bullion dealers to have a website in order to receive a directory listing.

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Inflation Won’t Be Tamed by Fed Rate-Hike

Inflation Won't Be Tamed by Fed Rate-Hike

Three weeks ago, the U.S. Federal Reserve raised interest rates for the first time in more than three years. The size of the increase isn’t particularly momentous – just 25 basis points. But it’s expected there will be six more increases before 2022 is finished.

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Beat Biden’s Tax Hikes With Hard Money

Beat Biden's Tax Hikes With Hard Money

With Tax Day coming up and tax hike proposals coming down the pike, investors are eyeing ways to limit Uncle Sam’s take. Last week, President Joe Biden proposed several new tax increases to help pay for his massive $5.8 trillion budget…

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Part 2: Oil, the Ruble and Gold Walk into a Bar

Part 2: Oil, the Ruble and Gold Walk into a Bar

Often, Narratives pile up lots of baggage. To effectively deal with it, one must unpack it. One bit of luggage sticking up from the heap is the assertion that now the ruble has a link to oil…

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Russia Launches Gold Standard

Russia Launches Gold Standard

Essentially, Russia has done exactly what we predicted and created a gold-backed currency. What this will mean for international trade involving Russia, let alone gold’s role in it, will undoubtedly become incredibly influential on future efforts to return to a gold standard.

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Oil, the Ruble, and Gold Walk into a Bar…

Oil, the Ruble, and Gold Walk into a Bar…

There is a Narrative about Russia and how it will change the monetary system. Many analysts in the gold community are promoting this story. There’s just one problem. It is like how Michael Crichton described the Gell-Mann Amnesia Effect: the newspaper is full of stories explaining how “wet streets cause rain.”

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Recession Concerns Grow Amid Signs of Consumer Struggles

Recession Concerns Grow Amid Signs of Consumer Struggles

High inflation by itself could trigger an economic slowdown – Consumers blaming inflation now for recession-like reduction in living standards. We’re just two weeks officially into the Fed’s newest tightening regime, and already there’s a good deal of news about recession warnings and signals.

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Fed Admits Inflation Problem Until 2025

Fed Admits Inflation Problem Until 2025

The Fed is raising interest rates to cool inflation down. But what if higher inflation is here to stay? The Federal Reserve says higher inflation will last for years. As the Fed tries to tame inflation with rate hikes, Devlyn Steele details the challenges.

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Go-Ahead Granted For Scotland’s New Freezone

Go-Ahead Granted For Scotland's New Freezone

The new Freezone’s man-made island The Thistle will house Scotland’s first National Mint in over 300 years of union and is set to produce new coinage with an eye on Scotland’s future. Bullion sales and storage will be free of VAT normally imposed on silver palladium and platinum

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The Halo Effect

The Halo Effect

It’s not fair. It seems these days everything claims to be *something something* gold. Oil is black gold. Melted cheese is liquid gold. There’s even red gold, a tomato company. It’s just not fair! It’s time to turn the tables, and the tide. To flip this thing on its head.

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This Surprise Expense Could Wreck Economy for a Decade

This Surprise Expense Could Wreck Economy for a Decade

The last time America saw such a vast surge in gas prices was the 1970s energy crisis. That crisis led directly to a decade of stagflation, a toxic brew of rapidly-rising prices, a 50% drop in the stock market, unemployment over 10%, shrinking GDP and widespread civil disorder.

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4 Scenarios for BIG Moves in Precious Metals

4 Scenarios for BIG Moves in Precious Metals

Direction, magnitude, and timing are difficult to predict. But precious metals bulls are eying massive upside potential for gold and silver as war and inflation stoke safe-haven buying. What follows are four major macro scenarios that could impact metals markets…

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Here’s Why This “New Normal” Is Great News for Gold

Here’s Why This “New Normal” Is Great News for Gold

The number of black swan events since mid-2019 is astounding. These days, investors are constantly waiting for the next financial or geopolitical calamity, with some new sources of disruptive events added to the mix.

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