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.
Full Article →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.
Full Article →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.
Full Article →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
Full Article →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.
Full Article →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…
Full Article →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.
Full Article →Owning physical gold and silver outside the banking system makes sense to me, not so much because I’m concerned about the imminent collapse of the global financial system. Because it’s smart protection. I have a fire extinguisher in my kitchen, but not because I think the oven is about to burst into flames.
Full Article →Think Gold Mining is Difficult, Dangerous and Harmful to the Environment? Think Again. International gold mining legend Corey Keller has announced what he describes as being a global solution to some of the biggest problems inherent in gold mining
Full Article →First, it was the crypto-focused Silvergate Bank. Then it was Silicon Valley Bank. And immediately after, Signature Bank. Silvergate and Signature could be dismissed because, well, crypto. But Silicon Valley Bank is something entirely else.
Full Article →Markets are now pricing in a 1.5% cut in Fed funds rates in the next 15 months. It’s an interesting forecast on the markets’ part. Can the Fed really hold off so long? And when the Fed throws in the towel on the inflation fight and cuts rates, will the U.S. dollar have anything left in the tank anymore?
Full Article →As the Federal Reserve has hiked rates from 0% to over 4.75%, the average interest rate on bank deposits has remained low, around the FDIC’s national average for savings accounts of 0.37%. This has led many to ask the simple question…
Full Article →Banking-Crisis Unpredictability Highlights Importance of Staying Ready for Trouble Bullion.Directory precious metals analysis 27 March, 2023 By Isaac Nuriani CEO at Augusta Precious Metals Precious metals have been on a […]
Full Article →There isn’t a vestige of the free market left when it comes to the country’s financial sector. Central control goes way beyond the fact that the Federal Reserve has been fixing the price of money (interest rates) for the past few decades.
Full Article →After almost 15 years of Fed-fueled cheap money offered at near-zero rates that was leveraged into overinflated speculative bubbles, the lights are on, the crowd is dispersing – and the party might finally be over.
Full Article →A stable gold price over $2,000/oz means that something has gone wrong. Either the greenback crumbled further, or there is some kind of issue that isn’t going away and that is driving haven demand. So often investors see asset prices rising and, fearful of missing out on a new bull market, buy in and drive prices even higher.
Full Article →The crisis in banks is front and center. Americans are watching a demonstration on how to take a crisis in confidence and make it worse. Many Americans have already lost trust in the FBI and DOJ. They don’t trust Janet Yellen and other bureaucrats in Washington, and they don’t trust Wall Street bankers.
Full Article →When it comes down to it, the primary appeal of precious metals for savers is their perceived capacity to act as safe-haven assets. That is, as assets with the tendency to strengthen during conditions that are unfavorable to economies,
Full Article →Over 95% of Silicon Valley Bank’s deposits are not insured by the FDIC (due to being over the $250,000 limit) That is over $160 billion in uninsured customer deposits. About half of all venture capital-funded startups in the U.S. are customers of SVB. That’s 65,000 startups.
Full Article →Silicon Valley Bank (SVB) collapsed and was then seized by the California Department of Financial Protection on Friday, March 10. This came after a frenetic two days, when the bank announced a big loss, tried to raise capital, and then faced an accelerating run-on-the-bank.
Full Article →You may have heard there’s a looming retirement crisis in America. In a nutshell, the term refers to the sizable difference between the amount Americans have saved for retirement and the amount they actually need to retire comfortably.
Full Article →Sound Money Bills Moving Forward Rapidly in Many States: Because there is so much activity happening at the state level with respect to sound money legislation, here is a quick update on some of the most important bills that are currently pending.
Full Article →The magazine recently published a story about how the wealthy invest in gold that offered no real surprises but plenty of confirmation that the super-wealthy share the same economic concerns as most of us.
Full Article →Pullback in Gold Stocks or a New, Powerful Decline?
What a slide! The GDXJ ETF moved over 5% lower yesterday, and it closed at a fresh 2023 low. Is the bottom in or is the slide likely to continue? Let’s take a closer look at the charts to find out.
Full Article →Here’s the thing: the money you contribute to Social Security doesn’t go into an account in your name. Rather, it goes into a giant pool of money that’s used to pay benefits to those who’ve already retired. In fact, the Social Security trust that funds your benefit has been running a deficit for a while now.
Full Article →Relax, Take Profits Easy…
To say that junior miners were weak yesterday is like saying that the Fed printed “some money” in the last decade. It isn’t a lie, but it doesn’t convey the full truth either. Yesterday’s relative performance of junior mining stocks was a disaster
Full Article →A study in April 2021 found that over 25% of U.S. companies were zombies in 2020. These undead firms have been sucking the life out of the economy. But things are about to get rough for the zombie hordes…
Full Article →Even casual consumers of financial news likely recognize the terms “hard landing” and “soft landing” as they pertain to the economy. That isn’t to say they have a clear understanding of what each means, however. So, before I proceed to the real topic at hand…
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