Gold and silver market moving news, curated from the best of GoldSilver's team and around the web. Check back often for updates, or subscribe to get the highlights in your inbox.
As we outlined in our silver supply/demand crunch article, the silver market has entered a structural imbalance. It is not temporary. Global supply is locked into a decline, leaving the industry ill-equipped to respond meaningfully to any spike in demand of physical metal for the foreseeable future.
A private recovery operator has started an operation to recover up to one billion euro in gold from a ship lying in deep waters ...READ MORE
“Modern Monetary Theory (MMT) is a heterodox macroeconomic framework that says monetarily sovereign countries like the U.S., U.K., Japan and Canada are not operationally constrained by revenues when it comes to federal government spending. In other words, such governments do not need taxes or borrowing for spending since they can print as much as they … Continue reading Gold, MMT, Fiat Money Inflation In France →READ MORE
Led by declines in production-related indicators, the Chicago Fed National Activity Index (CFNAI) fell to –0.45 in April from +0.05 in March.READ MORE
The green line shows the national savings rate. It is currently at 3%. It is historically 6%. We are running half of normal. The shaded area shows the private sector, which is running at 9%. That’s pretty good.READ MORE
Even though the European Union is the world’s second biggest economic power, it has to pay in dollars for most of what it buys. The bloc invoiced 56% of its total imports in the greenback last year...READ MORE
A collapse of U.S.-China trade talks and hike in tariffs on Chinese goods would push the world economy toward recession and see the Federal Reserve cut U.S. interest rates back to zero...READ MORE
Among Others, But Does Not Consider FIAT Currency A Problem.READ MORE
According to my calculations, the top primary silver miners in my group estimated average breakeven for Q1 2019 was $16.54.READ MORE
Broadly speaking, banks operate under the concept of maturity transformation. Banks take short-term – less than one year – financing vehicles, such as customer deposits, and use that to finance long-term – more than one year – returns.READ MORE
The pension funding gap is a problem for everyone. Almost all public pension funds assume investment returns somewhere around 7% (and some as high as 8%+). The most common solution to this problem so far has been cutting services in the hope no one notices. They can't delay the inevitable forever.READ MORE
Four of the world’s five biggest markets for cash machines registered a drop in numbers last year.READ MORE
Pressures mount on automakers to keep pace with massive technological shifts amid signs global car demand has peaked.READ MORE
Russia had increased the share of euro, Chinese yuan and gold in its state reserves.READ MORE