Gold (GC=F) has gotten a boost over the past three months, rising more than 4%, as investors flock to so-called “safe-haven” trades, and the commodity is headed even higher in 2019, according to strategists. “Volatility has reemerged across markets generally — commodities, equities, etc. If that volatility persists, it will be key. It is going to push investors to perceived safe havens... read more

The “everything bubble” is deflating. The fact that it’s happening relatively slowly shouldn’t blind us to the real threat: The world is dangerously underestimating how hard it’ll be to deal with the fallout once it pops. Frothy markets can’t disguise the warning signs. The shift to tighter monetary policies in the West is putting pressure on global equity and real-estate valu... read more

U.S. Underlying Inflation Reinforces Fed Hike Expectations Federal Reserve officials will pull the trigger on another interest-rate increase next week before slowing the pace of hikes in 2019 as risks to the U.S. economy mount, according to a new Bloomberg survey of economists. They expect the Fed will raise rates by a quarter percentage point at its Dec. 18-19 meeting while dialing back the... read more

Now that the world’s central banking cartel is taking a long-overdue pause from printing money and handing it to the wealthy elite, the collection of asset price bubbles nested within the Everything Bubble are starting to burst. The cartel (especially the ECB and the Fed) is hoping it can gently deflate these bubbles it created, but that's a fantasy. Bubbles always burst badly; it's their... read more

Over the past week, the gold and silver prices have held up rather well compared to the overall markets. While precious metals investors still fear that a huge sell-off in the gold and silver prices will take place during the next market crash, it seems that the metals continue to be very resilient during large market corrections. Now, I am not saying that the metals prices cannot fall any... read more

LONDON (Reuters) - The dollar consolidated losses on Monday after posting its biggest weekly drop in more than three months last week as weak U.S. data undercut expectations of more interest rate increases in the world’s biggest economy. U.S. dollar banknotes are seen through a printed stock graph in this illustration taken February 7, 2018. Widening interest rate differentials betwee... read more

In 2017, the financial world was filled with talk of synchronized sustainable growth in major economies for the first time since before the 2008 global financial crisis. This was being proclaimed by global financial elites including Christine Lagarde, head of the IMF. Now that vision is in ashes. Synchronized global growth has turned into a synchronized global slowdown. Growth has already tu... read more

ULAN BATOR, Dec. 4 (Xinhua) -- The Bank of Mongolia, the central bank, has purchased 18.9 tons of gold from legal entities and individuals in the first 11 months of this year, the same as last year's figure during the same period, according to a statement issued on Tuesday. As of November, the bank's average gold purchase price was 100,995.34 Mongolian tugriks (about 38 U.S. dollars) per gra... read more

With the price of gold surging above $1,230 and silver trading higher as well, today James Turk told King World News that this is the start of something big in the silver market. Turk also discussed the collapse in open interest in the gold market. – “Everyone who understands the precious metals, Eric, knows that they are undervalued. So they also intuitively know that the downtrend in... read more

Dec 3 (Reuters) - The Perth Mint's sales of gold products surged by nearly 75 percent in November from the previous month, while silver sales fell, the mint said on Monday. Sales of gold coins and minted bars climbed to 64,308 ounces in November, its highest since January 2017. Sales nearly tripled compared with the same month last year, the mint said in a blog post. Silver sal... read more