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NEWS

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.

Displaying 41 to 60 of 16954
Dec 7, 2018 - 06:06:50 PST

Gold, at Multi-Month High, Set for Largest Weekly Gain Since August

With increasing market turmoil and unprecedented uncertainty surrounding the trade war, gold's safe-haven appeal is beginning to assert itself in world markets yet again.

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Dec 7, 2018 - 05:37:37 PST

HSBC, Longtime Money Launderer for Terrorists, Implicated in Huawei/Iran Fraud

HSBC, notorious for having laundered billions for Middle Eastern terrorist organizations and the Mexican drug cartels, appears to have the been the bank Huawei chose to engage to illegally sidestep Iran sanctions.

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Dec 7, 2018 - 05:34:28 PST

House Flipping Hits 2-Year Low in Q3 as Investment Buyers Hit the Breaks

“Home flipping acts as a canary in the coal mine for a cooling housing market. We’ve now seen three consecutive quarters with year-over-year decreases in home flips.”

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Dec 7, 2018 - 05:28:11 PST

For 6th Year in a Row, Secret Santa Drops Gold Coin in Michigan Salvation Army Kettle

With no fanfare, an anonymous donor contributed about $1,300 by dropping a South African Krugerrand into the familiar red metal donation bucket. It is the 6th straight year they've made such a gift.

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Dec 7, 2018 - 05:19:00 PST

Barron's: "Silver Prices, in a Deep Slump, Could Revive in 2019"

“Once fear and problems emerge in the various bubbles we see around the world that will eventually cause the next financial crisis. Silver will be one of the havens. Buying at these prices will look like a no-brainer.”

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Dec 7, 2018 - 05:17:01 PST

Venezuela Leaders Want to Meet With Bank of England Officials to Discuss Gold Repatriation

"The government of President Nicolas Maduro is seeking to bring 14 tonnes of gold back to Venezuela because of fears it could be caught up in international sanctions on the country, sources told Reuters this month."

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Dec 7, 2018 - 05:15:07 PST

Central Bank Independence, Worldwide, Increasingly Under Threat

Once seen as an emerging market phenomenon, the unquestioned power of independent central banks, as political lives hang in the balance in deteriorating economies amidst social unrest, is under the magnifying glass.

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Dec 6, 2018 - 13:23:17 PST

Gold Traders' Report - December 6, 2018

On a day when US stocks plunged intraday but closed down only marginally, the 10-year yield continued its bounce to 2.886%, while the DX clawed back to 96.84. Gold was $1,238 bid at 4PM – unchanged.

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Dec 6, 2018 - 11:05:34 PST

As Total US Household Wealth Hits New Record, the Top 0.1% Own as Much as the Bottom 90%

"Just 10% of the US population owns roughly $93 trillion of all US assets, while half of the US population has virtually no wealth, and if anything it is deeply in debt."

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Dec 6, 2018 - 10:41:18 PST

Rickards: "The Makings of a Global Debt Crisis Are in Place"

"If another crisis happens, the Fed will cut rates to zero. But it won’t be enough. They’ll have to abandon QT and go back to QE4. Other central banks will follow the Fed’s lead. Investors should prepare now for the inevitable crackup. Having cash and gold are two places to start."

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Dec 6, 2018 - 10:05:14 PST

The Lunacy Continues: Fed's Bostic Says Rates Are "Within Shouting Distance" of Neutral

As Fed members continue to contradict each other and offer folksy, non-measurable nothing estimates of where a neutral rate lies (like "within shouting distance"), it becomes clearer every day the Fed's rate stance is neither art nor science but sheer guesswork.

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Dec 6, 2018 - 07:23:12 PST

Simon Black: "Why Buy Gold Now? Because Of The 'I Don't Knows"

"So while every other asset is still at or near all-time highs, gold is relatively cheap. Gold has held its ground during all this market volatility. That is exactly how you want insurance to act. It holds steady in the face of craziness, even selling for a discount when everything else is as expensive as it ever has been."

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Dec 6, 2018 - 06:52:24 PST

US Trade Deficit Spikes to 10-Year High as Tariff Costs Weigh on US Exporters

"Trade will probably be a drag on gross domestic product in the fourth quarter, and adds to weak housing and business spending on equipment reports in signaling a slowing down in economic growth."

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Dec 6, 2018 - 06:22:46 PST

The Biggest Bitcoin Derivatives Bet Ever Is Set to Expire Worthless at Year-End

"Purchased for almost $1 million on LedgerX’s trading platform just days after Bitcoin peaked a year ago, the call options have a strike price of $50,000 and an expiry date of Dec. 28, 2018."

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Dec 6, 2018 - 06:17:10 PST

As the Market Continues to Deteriorate, Gold Heads Into Its Strong Season

"As investors across all asset classes limp toward the end of 2018, gold is approaching what has been a reliably strong season in recent years. Since 2013, there’s been a more than 80 percent chance of a positive return in gold prices in January."

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Dec 6, 2018 - 05:50:18 PST

SRSrocco: "Gold, Silver & the Markets: What’s Next For 2019"

"Interestingly, gold and silver are much closer to their base price levels than are the broader markets. Which is why I don’t believe we are going to see a crash in the precious metals prices along with the broader markets."

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Dec 6, 2018 - 05:46:33 PST

Tax Everything: Illinois Unfunded Pension Liabilities Spiraling Out of Control

"Between 2004 and 2016 (the last year for which audited financials are available) unfunded liability quadrupled, to $123.8 billion, according to the Illinois Commission on Government Forecasting and Accountability, the Legislature’s financial watchdog unit."

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Dec 6, 2018 - 05:10:48 PST

Fed Rejects Wells Fargo's Plan to Prevent Its Perpetual Fraud as Weak and Insufficent

"The Federal Reserve has rejected Wells Fargo & Co's plans to prevent further consumer abuses and told the scandal-plagued lender it needs stronger checks on management, according to three people with knowledge of the discussions."

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Dec 6, 2018 - 05:04:57 PST

Nonpayment, Account Closures: Consumer Credit Is Starting to Look Ugly

"Credit-card delinquencies, application rejections, and involuntary account closures are all on the upswing, according to a report from the Federal Reserve Bank of New York."

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Dec 6, 2018 - 01:40:29 PST

"The Buffett Indicator" Reveals Current Stock Market Is Still Most Overvalued Ever

"Market Cap to GDP is a long-term valuation indicator that has become popular in recent years, thanks to Warren Buffett. Back in 2001, he remarked in a Fortune Magazine interview that 'it is probably the best single measure of where valuations stand at any given moment."

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