Money Metals Exchange
Commentary
Leveraged Assets Beginning to Buckle under High Rates
Forced deleveraging to be chaotic, causing a new Fed and banking panic.
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4 Ways Young People Can Hedge against Inflation
When money becomes less valuable and costs rise, the money you have saved affords you exponentially less. In the short term, you may not notice the difference.
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Must-Know Facts About Insuring Your Precious Metals
Making an investment in physical gold and silver is easy. Insuring these new valuables stored at home is more difficult. It may be outright impossible in larger amounts.
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Monetary Elite from Multiple Camps Plot Currency Strategies
As investors look for clues about what monetary central planners are thinking at Jackson Hole, the BRICS countries – Brazil, Russia, India, China, and South Africa – are holding a summit of their own in Johannesburg.
Commentary
Talking Heads Predict No Recession While Shrinkflation Clips Consumers
Precious metals markets are extending their losing streak as the U.S. dollar pushes higher.
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Can Gold and Silver Ever Return to Circulation?
There aren’t many bullion investors who haven’t thought about using their stash to buy groceries one day.
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Gold Versus Silver - Which Is the Wisest Investment?
One of the most common questions we get from clients is whether they should buy either gold OR silver. Anyone researching an investment in bullion can find good arguments for owning either metal.
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Four Precious Metals Megatrends Are Rapidly Unfolding
As the world continues to be rocked by inflation and financial instability, four precious metals “megatrends” have emerged largely undetected by the mainstream – central bank gold buying, rapidly expanding silver uses, a platinum supply breakdown, and capital control schemes.
Commentary
Can We Live in a World without Silver?
The World Silver Survey is an annual report published by The Silver Institute since 1990. It provides market participants with supply and demand statistics for critical sectors of the silver market, along with price and trade data.
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Asset Managers, Industry Aggressively Snap Up Silver
Top Silver Mining CEO: "On the demand side, it’s pretty phenomenal…"
Commentary
Looming Debt Ceiling Deal to Leave Dollar Locked in Downtrend
As the debt ceiling fight in Washington heads down to the wire with the risk of a technical default looming, investors are growing nervous.
Commentary
Holding Gold Is Like Holding a Wildcard
The future of money is uncertain, and speculation about what comes next is all over the place. The Federal Reserve note "dollar" is the world's reserve currency, but its seat on that throne is no longer secure.
Commentary
Ongoing U.S. Mint Failures Bring Discredit to America, Raise Costs
We are one third of the way through 2023, and it has certainly been interesting in the bullion markets thus far.
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Why Gold Is a Must-Have During 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.
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Fed Hikes Rates as Bank Worries Spread Globally
As interest rates show signs of peaking, gold prices are nearing new all-time highs.
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Could Bank Runs Lead to a Run on Gold & Silver?
Fears of bank runs precipitating a broader financial crisis helped spark a surge in bullion buying this week.
Commentary
Investors Aren’t Buying the Fed’s Hawkish Posturing
As warning signs for the economy mount, investors are cheering for more bad news. That's because they expect economic weakness will force the Federal Reserve to stop raising interest rates and eventually re-embrace loose monetary policy.
Commentary
Economic Conditions, Market Performance Worsen after Fed Rate Hike
Precious metals markets are trying to tough this week despite another large rate hike by the Federal Reserve.
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Biden Administration Announces Framework for Digital Dollar
The Biden administration is working on plans to herd the public into digital currency controlled by the Federal Reserve.
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Silver Fever, or Silver Fading?
The silver market scarcity has begun to resolve. We discuss what the data in the silver market is saying and why the market has become a Keynesian Beauty Contest.
Commentary
Will Trump Bring Inflation to America’s Shores?
Something is brewing in the economy. Since the election of Donald Trump, interest rates have spiked, copper prices have surged, and various sectors of the stock market have swung “bigly” on speculation of what “Trumponomics” will bring.
Commentary
Forget about Fake News – Worry about Fake Money
Post-election airwaves and publications today are filled with bad news, good news, and fake news.
Commentary
Trump World: What Happens to Your Investments Now?
Donald Trump’s victory came as the first surprise for many around the world. The reaction in the markets was the second surprise.
Commentary
Election Uncertainty Now Influencing Gold & Silver Prices
Most of us consider this year’s presidential election as the wildest and most unpredictable we’ve ever seen, but you wouldn’t know it by looking at the markets. Gold and silver spent most of the past three weeks going nowhere fast.
Commentary
Regardless of Who Wins the Election, Confidence in Washington DC Is ALREADY Shattered
It just doesn’t matter much whether Hillary Clinton or Donald Trump wins the election, at least in terms of gold and silver market fundamentals.
Commentary
How Big Is Your Gold and Silver Picture?
Whether you surf the Internet for information about the precious metals and mining stocks or receive newsletters by snail mail, you're exposed to predictions by all and sundry.
Commentary
Frank Holmes: “Chindia” Buying Gold on Dips, 20% Corrections Are “Non Events”
We recently had the pleasure of interviewing Frank Holmes, CEO and Chief Investment Officer at U.S. Global Investors. He talks about a seasonal norm he sees playing out in the gold market over the next few months...
Commentary
Preparing for Post-Election Social Unrest
The 2016 election year is bringing out the worst among some elements of society.
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How Will the Election Outcome Impact Precious Metals?
Metals investors wonder what this presidential election will mean for gold and silver markets. Since Nixon closed the gold window in 1971 and the years of price inflation that followed, presidents have largely ignored gold, the Federal Reserve, and other issues related to sound money.
Commentary
What in the World Happened to Gold and Silver Prices Last Week?
Gold and silver prices charged higher during the first 6 months of the year. They fell into a rut over the summer, and then hit the skids last Tuesday.
Commentary
A Short Course on Fear and Greed: Successful Investors Wrote the Book
Are you a millionaire yet? Me neither.
We might have been by now, had we better understood the finer points of “fear” and “greed” during our investing lives.
Commentary
Fed Chair Yellen’s Plan B: “Intervene Directly” in Stock Market
October could see a ramping up of volatility across all asset markets. The month is notorious on Wall Street for the 1987 stock market crash. Fall crashes also occurred in 2002 and 2008.
Commentary
2017: Gold and Silver's Year of "Public Recognition"
In all probability, December 2015 marked the bottom of the cyclical gold and silver bear market – a bear cycle that had been in play since silver topped in May 2011 and gold in September of the same year.
Commentary
The Federal Reserve Note "Dollar" Is Indeed Dying, but Not Next Week
Some say the U.S. dollar may die 5 days hence. The Chinese renminbi will kill it. Much is being made of plans by the International Monetary Fund (IMF) to add the renminbi to its basket of strategic reserve currencies called Special Drawing Rights (SDR). The IMF will make the change on October 1.
Commentary
War on Cash Turns to $20, $50, and $100 Bills
Harvard professor and economist Ken Rogoff is once again leading the chorus of high-level academics and officials who declare cash is only for criminals.
Commentary
Unprecedented Global Bond Bubble Threatens Holders of Cash
As big as previous real estate and stock market bubbles have been, the current global bubble in government debt dwarfs them all. Not only is it far bigger in size and scope (some $60 trillion in sovereign bonds now trade globally); it is also unprecedented in character.
Commentary
There Is Only One Right Way to Do a Precious Metals IRA
A small handful of outfits in our industry recently sprang up and started heavily promoting a so-called “self-storage” or “LLC” IRA. The pitch is for you to establish an LLC company to store the metals on behalf of your IRA in your home (or nearby).
Commentary
Fiction, Fairy Tales, and Fiat
Do young Americans today know anything about economics? No, they don't, according to a study during the 2016 presidential primary season, which says lots of other Americans don't either.
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The Sidelines Could Be More Dangerous for Investors Than Getting on the Field
A year ago at this time, it was hard for investors to find available inventory for the most popular silver products – as well as some gold coins.
Commentary
China’s Monetary Ascension Is Paved with Gold
The world monetary order is changing. Slowly but steadily, global trade and currency markets are becoming less dollar-centric. Formerly marginal currencies such as the Chinese yuan now stand to become serious competitors to U.S. dollar dominance.
Commentary
Awareness of Fed Credibility Problems Going Mainstream
The nation’s pre-eminent central planners just held their annual gathering at an exclusive resort just outside Jackson Hole, Wyoming and discussed how to interfere even more deeply in markets.
Commentary
Need-to-Know Tips for Safeguarding Your Precious Metals
Gold and silver investors have strong opinions about third-party storage of metals. Privacy, the lack of counterparty risk, and precious metals’ role as “crisis money” are among the most attractive features of physical bullion.
Commentary
What Surging Mining Stocks Mean for Metals Markets
Gold and silver mining stocks have embarked on a rally this year that could prove to be one for the record books.
Commentary
Bullion Investors Versus the Machines
Precious metals prices fell sharply on renewed concerns the Federal Reserve will be raising interest rates sometime this fall. Friday’s jobs report painted a picture of healthy growth, fostering a new round of speculation that Janet Yellen and the FOMC will withdraw stimulus.
Commentary
Bullion Investors Who Wait Too Long for Bargains Risk Getting Left Behind
After years of buying based on progressively lower metal prices, bullion investors find themselves facing a dynamic that has been missing for awhile: higher prices. That leaves them in a bit of a quandary, and many are sitting on their hands.
Commentary
New Concerns of Rigged Markets and Rigged Elections
Coming up we’ll hear from Michael Rivero of WhatReallyHappened.com. Michael gives us his uncensored opinions on the recently concluded political conventions, why he sees this as a crucial election for the future of our Republic, and why he views precious metals as a must-own asset for the tumultuous times ahead.
Commentary
Still Waiting for a Precious Metals "Correction"? Get Off the Dime and Buy Some Silver Ones...
Over time, charts for a bull market tend to print higher highs and higher lows on the way to the primary top. Two steps forward, one step back, creating a visual stair-step effect.
Commentary
Climbing Gold and Silver’s Wall of Worry
Confidence is slippery, even when you are a metals investor sitting atop the best performing assets of 2016. It doesn’t help when 4 years of a miserable bear market remains fresh in our memories. Any weakness in prices and it can feel like markets are getting ready to plunge right back to $13 silver and $1,000 gold.
Commentary
The Curious Case of Vanishing Lady Liberty; Only Gold and Silver Remember Her
The very first word anyone ever saw on a circulating United States coin was the word “LIBERTY.”
From half-cents to silver dollars, each featured the likeness of an unnamed woman. The images varied, thanks to different engravers, but together they became recognized as Lady Liberty.
Commentary
Greenspan, Gold, and the Banality of Evil
Under certain circumstances, seemingly decent human beings are capable of horrific things. So it is with Former Federal Reserve Chairman Alan Greenspan, who parlayed his sound money bona fides into the top post at America’s private banking cartel and current issuer of our un-backed currency.
Commentary
How High Is "Sky-High" Silver?
Now that the precious metals’ five year cyclical bear market is acting like it's been replaced by a vibrant bull run in the opposite direction (up!), many analysts who chided the ongoing rise in the mining stocks and metals that started in December 2015 are begrudgingly changing their "outlook" so they don't get left behind.
Commentary
Stock Markets Erase Brexit Losses: Is the Fallout Already Behind Us?
Nigel Farage toiled for 17 years building a movement to lead the United Kingdom out of the European Union. A week ago, he stood in front hundreds of drab bureaucrats in the EU Assembly, most of whom have done little but snicker at his free-market ideals, and declared victory. He told them, quite plausibly, their political union is dying – and good riddance!
Commentary
The True Nature of Gold Is Liberty
“Look at that screen,” exclaimed Fox Business Network's Stuart Varney, referring to the television graphic showing markets crashing across the globe. “The only thing going up is the price of gold!”
Commentary
What Billionaire Investors Are Doing with Gold While You're Not Watching?
With each passing day, systemic risks in the financial system become greater. Smart money insiders and billionaire investors are taking note – and taking defensive actions.
Commentary
Will Trump or Hillary Be Good for Precious Metals Prices?
This year’s presidential election is getting lots of attention, and customers are asking about how the outcome might impact the gold and silver markets. The questions generally fall along two lines. One is whether we think a Donald Trump victory will be good for prices and another regarding what a Hillary Clinton presidency might mean.
Commentary
The Rush to Gold: A New Respect Is Growing
You didn't come here today for bad news. There's plenty of that everywhere you look, and even where you don't look.
So here's the good news. A new rush to gold has begun. To see where we're headed, let's first see where we've been.
Commentary
Trading the Platinum to Gold Ratio
We often cite the gold: silver ratio as an indicator for the precious metals markets. When the ratio is high (gold is relatively strong versus silver), that typically corresponds with a cyclical low area in precious metals prices. When the ratio starts narrowing (silver gains strength versus gold), that typically corresponds with a cyclical bull market in precious metals.
Commentary
The Illusion of Falling Official “Unemployment” Fades
Friday’s employment report featured the headline unemployment rate falling from 5.0% to 4.7% – which is a huge move lower. About the only encouraging aspect of the report is that markets largely ignored the fantasy headline for a change and focused on the ugly details. Nearly everyone acknowledged the report as bad news and markets reacted accordingly.
Commentary
Energy and Debt Crisis Point to Much Higher Metals Prices
Steve St. Angelo on Silver Supply Deficit, Market Manipulation, and Debt Overhang
Commentary
Northwest Territorial Mint Scandal: Investors Had Fair Warning on This Blowup As Well
The news unfortunately just keeps getting worse for customers and creditors of Northwest Territorial Mint. The prominent bullion dealer located near Seattle, Washington filed for bankruptcy court protection at the end of March. The losses of customers who never received delivery of orders plus the losses of other creditors could be as high as $50 million, according to investigative reporting by the Federal Way Mirror.
Commentary
David Morgan: There Will Soon Be a Run to Gold Like You've Never Seen Before
We recently had the privilege of interviewing David Morgan about why he believes 2016 is going to be a pivotal year and why he thinks the coming year or two will go down in the records books.
Commentary
Here's Why the Gold and Silver Futures Market Is Like a Rigged Casino...
A respectable number of Americans hold investments in gold and silver in one form or another. Some hold physical bullion, while others opt for indirect ownership via ETFs or other instruments. A very small minority speculate via the futures markets. But we frequently report on the futures markets – why exactly is that?
Commentary
Gordon Chang: China in Big Trouble, Could Bring Global Economy Down with It
There’s been some big news out of China lately, and today we’ll dive deeper into the discussion when I welcome in Gordon Chang. Mr. Chang is one of the foremost experts on the Chinese economy and has written a book titled The Coming Collapse of China. He’ll tell us why he believes an epic collapse is imminent and what it all means for the Western financial world and why he believes there is what he calls a Chinese floor on the gold price. Don’t miss an incredibly enlightening interview with Gordon Chang, coming up after this week’s market update.
Commentary
Here's What Makes Precious Metals Short Sellers Nervous...
Friday's disappointing jobs report sets the stage for markets to continue weighing the broader implications this week. Gold and silver prices rose modestly Friday on the increasing likelihood that the Federal Reserve won’t raise rates in June. However, the precious metals still registered losses for the week and have corrected further this morning.
Commentary
A Gold Revaluation Could Transform Your Financial Status – Overnight
As we move through 2016, the Horsemen of the geopolitical, economic, and social apocalypse are on the march.
Commentary
It’s Waayyy Too Early to Take Profits on Gold & Silver
It was no fun investing in precious metals for most of 2011-2015, but the past few months have sure been a blast for buy-and-hold investors. Silver prices are up 22.5% year to date, and gold isn’t far behind.
Commentary
Surging Mining Stocks Point to Big Move Ahead in Gold and Silver
Spring has sprung for precious metals mining stocks.The HUI gold stocks index surged 6.2% on Monday to close at a 14-month high. The HUI chart shows a strong base was built from last summer through this January, and from that base a new bull market has begun.
Commentary
Fed Credibility Dwindles, Pension Funding Crisis Looms
Fed officials jawbone the markets and spread disinformation. They figure it’s part of their job as central planners. It’s not enough to pull the levers and twist the knobs on interest rates, the money supply, and asset prices. They also use propaganda to manage investor psychology. It’s all smoke and mirrors.
Commentary
Pre-1965 Silver Pocket Change Provides Investors With an Economic Future
Among all the choices you have for gold and silver bullion, genuinely historic metal is still around at reasonable prices. The runaway classic is ninety-percent U.S. silver coinage.
Commentary
The Gold Bull Market Is Back… Will It Last?
The gold bull is back. After trending downward for more than four years, gold prices have broken out to the upside with a gain of more than 20% off their December lows.
Commentary
New Gold Bull Market Now Official; Breaking Point in Paper Gold?
Gold officially entered a bull market in last week’s trading with prices gaining more than 20% from their December lows. The silver price also put on some very nice gains, but the price needs to reach about $16.40 before watchers can make the same claim.
Commentary
Look What’s Happening to Gold Priced in OTHER Currencies [Wow…]
At the close of market on the Wednesday this essay was written, the price of one troy ounce of gold was US$1,229. A troy ounce of silver was trading at US$15.25.
Commentary
Marc Faber on Cashless Society Insanity and Why Wall Street Hates Gold
It is my privilege now to be joined by a man who needs little introduction, Marc Faber; editor and publisher of The Gloom, Boom & Doom Report. Dr. Faber has frequently appeared on financial shows across the globe and he's a well-known Austrian school economist, and an investment adviser.
Commentary
Why the Federal Reserve Always "Happens" to Be Wrong.
The Federal Reserve Board finds itself back in a quandary of its own making. When Fed chair Janet Yellen pushed through an interest rate hike this past December, she confidently cited an "economy performing well and expected to continue to do so."
Commentary
Fear Trade: Metals Up, Stocks and Jobs Down.
Precious metals banked another solid week of gains as investors looked for alternatives to the stock market and U.S. dollar. Both gold and silver pushed through important technical resistance levels. Metals bulls hope to see markets enter a virtuous cycle; improving charts followed by more speculative long interest leading to improved charts.
Commentary
Top Silver Mining CEO: Don't Laugh, We Could See $100+ Silver
Exclusive Interview with First Majestic CEO Keith Neumeyer on Metals, Mining, and Manipulation
Commentary
The Dethroning of Cash: Discouraged, Penalized, Even Banned?
Stock market gyrations and deteriorating global economic conditions in the early goings of 2016 sent investors fleeing for safety. Or at least what is commonly thought to be safety.
Commentary
Bizarre Gold & Silver Movements Occurring Behind-the-Scenes…
A lot is riding on the demand side of the equation when it comes to metals' price performance this year. Demand is the bigger wildcard with signals thus far being mixed in gold and silver bullion markets. The outlook for supply is more certain, and it isn't pretty.
Commentary
Peak Gold and Silver - It’s Here!
Have we reached peak precious metals? Many analysts think so.
Just to be clear, however, the idea of peak gold and peak silver doesn't refer to a peak prices. The precious metals put in a cyclical price high in 2011. But annual mining production levels may have peaked in 2014-2015. This is what is meant by “peak precious metals."
Commentary
Central Planners Freaking Out about Discussion of Gold’s Role
Sound money issues make for good politics these days. The leading Republican candidates have all suggested reforms to our monetary system. The topic is popping up in debates as well as interviews. Predictably, Fed worshippers and proponents of central planning everywhere are snickering and trotting out the usual responses.
Commentary
My New Year's Resolution: Don't Confuse Debt with Wealth
If you don't have a magical crystal ball to see the future, then a good history book will do the job. Understanding the past offers a full color panorama to the dangers and opportunities facing you in 2016.
Commentary
Betting on Deflation May Be a Huge Mistake. Here’s Why
Precious metals investors heading into 2016 worry the dollar will continue marching ahead, right over the top of gold and silver prices. The Fed is telegraphing additional rate hikes throughout the year, and commodity prices – led by crude oil – are falling. There have been tremors in the biggest beneficiary markets of all when it comes to the Fed's QE largesse – U.S. equities and real estate. And the possibility of a recession is growing, both in the U.S. and around the world.
Commentary
NEW: Money Metals Issues 2016 Gold/Silver Forecast
Forecasting today's volatile, high-frequency machine driven and manipulated futures markets using fundamental analysis is futile, as a great many precious metals bulls will attest. To complicate matters, an obsession with Fed policy dominates all markets. Officials at the Federal Reserve are often less than forthcoming and are just as bumbling as the Soviet bureaucrats when it comes to centrally planning our economy.
Commentary
Silly Myths about Gold during Rising Interest Rates
The Fed finally acted this week – upping its benchmark Federal Funds rate by 0.25%. Now that the speculation over whether the Fed will hike has been put to rest, analysts are busily speculating about what the Fed's move means for the economy and markets.
Commentary
Extreme Leverage in a Gold Futures Market Nearing the Breaking Point
The metals markets rallied strongly on Friday – action which came as a surprise to many. The gains snapped a 6-week losing streak for gold, silver, and platinum. Prices rose despite a stronger-than-expected November jobs report raising the odds the Fed will hike interest rates later this month.
Commentary
Undeniable Truths about Precious Metals (Don't Forget These...)
From first to worst. Gold and silver were the best assets to own during the first decade of this century. During this second decade... not so much. Precious metals bulls have endured 4 years of prices drifting lower punctuated by periodic smash-downs and the occasional false-breakout.
Commentary
Speaker Boehner Readies Final Sellout As Debt Ceiling Debacle Looms
It's campaign season, and that means non-stop media coverage of candidate polls, quips, gaffes, tweets, emails, controversies, lies, and scandals. It all makes for a good soap opera. Unfortunately, it's almost all irrelevant in the big picture.
Commentary
Should You Actually Worry About Gold Confiscation?
Most gold owners are familiar with worries of forced government gold confiscation – that one day black-ops shock teams will toss homes to find that stash of coins and bars.
Commentary
The Next Financial Crisis May Be Already Unfolding
Is an epic financial meltdown about to commence? Predictions that a crash will occur in the fall of 2015 have been gaining traction. They are bolstered by some of the market events of this summer, which suggest that something big is indeed unfolding.
Commentary
Markets Crashing, Gold Rising
U.S. Investors are on edge following last week’s and today’s sell-off in stocks around the globe. The carnage impacted equity markets in Asia, Europe, and the U.S.
Interestingly, the U.S. dollar also weakened. And bonds and gold are getting most of the safe-haven buying.
Commentary
You Worked to Have It... Now Work to Keep It
Some folks had good news about gold over the past few weeks, and some had bad news.
The good news is a treasure hunter working the waters off the Florida coastline with a metal detector found a million bucks worth of gold coins and chains from a 300-year-old wrecked Spanish galleon. Under U.S. salvage laws, he'll keep 80% of what he found.
Commentary
What You Need to Know About Silver Supply and Premiums
Lower precious metals prices on Wall Street aren't necessarily bringing lower prices on Main Street.
The retail market for gold and silver coins, bars, and rounds has been swamped with high demand since mid June. Both the U.S. Mint and the Royal Canadian Mint continue to run into serious issues keeping up with retail silver coin demand.
Commentary
China’s Secret Gold Hoarding Strategy
China’s recent stock market gyrations have some analysts now calling China the biggest bubble in history. But those who write off China because of market volatility are missing a more important long-term trend of Chinese geopolitical and monetary ascendancy. That trend shows no signs of abating.
Commentary
Investment Silver Demand Draining COMEX Vaults
If there are words to characterize the precious metals markets for July, it would be “divergences” and “shortages.” There was heavy selling in the leveraged futures market and extraordinary buying demand and shortages in physical coins, rounds, and bars.
Commentary
Inflation Deniers Emboldened by Gold's Struggles
The vultures are circling. Precious metals bulls, laid flat by gold and silver prices dropping for the 5th week in a row, are watching deflationists such as Harry Dent and the financial media squawk about the imminent demise of precious metals.
Commentary
U.S. Economy Slouches toward Recession as Eurozone Crisis Widens
Federal Reserve chair Janet Yellen may have missed her window of opportunity to raise interest rates. The economic data no longer paint a picture of even a tepid recovery. Since the start of the year, key indicators for the economy began pointing toward recession.
