(Betting on bad news?) Good news is bad news for gold.
The largest reserve gold traders on the planet are the six bullion banks. A bullion bank is a large multi-national bank authorized to serve as a conduit through which Central Banks – and the Fed primary dealers – loan their gold out into the mark
The second-biggest gold mine in Europe could be about to make investors rich.
This month, in a move which went largely unnoticed, the US and Chinese gold markets moved one step closer to lockstep, when the CME group, home of the COMEX gold derivatives market and the Shanghai Gold Exchange (SGE),
And as we've been discussing, foreign central banks are starting to dump their US dollars for gold, scooping up hundreds of metric tons of the stuff...But silver is different.
It's not just "tinfoil blogs" who (for the past 11 years) have been warning that a monetary reset is inevitable and the only viable fallback option once trust and faith in fiat is lost, is a gold standard (something which even Mark Carney hinted at r
Central Bank Issues Stunning Warning: "If The Entire System Collapses, Gold Will Be Needed To Start Over"
Money manager Peter Schiff says the Federal Reserve has already started a new money printing program that continues to expand the debt bubble and keep global markets propped up
While some investors still naively hold on to the belief that the consistently manipulated...
John Kiriakou (CIA torture whistleblower) on CIA tactics, laws, truth, ethics, etc...and how it plays in to what's going on today - Peter Schiff (CEO/Chief Global Strategist of Euro Pacific Capital Inc.) on the financial markets and economics
Chinese police searched the house of Zhang Qi, 57, the former mayor of Danzhou, and found a large amount of cash, as well as 13.5 tons of gold in ingots, valued at $625 million, in a secret basement of his home, according to local media.
Right on cue, as we detailed here, precious metals prices have been pummeled as China Golden Week begins...
Trump wants to cure trade imbalances via tariffs. It cannot possibly work. Another Look at NAFTAOne of my readers proposed that problems US balance of trade issues started with NAFTA. Wrong!
Amid heavy volume, precious metals markets are tumbling this morning as the surge in uncertainty from the Democrats starting impeachment inquiries and BoJo's loss on suspending the UK government among other things has sparked a buying panic in the do
I asked Tom Beck, founder of PortfolioWealthGlobal.com, to email me his thoughts about the incredible story of the Dollar Credit Squeeze, the Repo Operation by the FED.
South Korean exports collapse most since 2009... European PMIs were ugly (Germany worst since 2013)... US Services PMI Employment contracts most since 2009... but apart from that, trade-talks might or might not be going well or terribly.