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.
Subscribe
Wall Street Banks Under Pressure to Make Deeper Cost Cuts
Top U.S. banks must make deeper cost cuts to drive earnings growth, with revenue expected to remain under pressure for the foreseeable future, analysts said.
READ MORE
Poor PMIs Wipe Week's Gains off Global Shares
Global shares erased this week's gains on Thursday after weak manufacturing...
READ MORE
Deutsche Bank Faces Action over $20bn Russian Money-Laundering Scheme
Shares in Deutsche Bank slipped nearly 2% on Thursday morning following reports the German bank could face legal action over a $20 billion Russian money-laundering scheme.
READ MORE
Initial Jobless Claims Tumble To Fresh 50 Year Lows
Initial jobless claims keep grinding lower and lower.
READ MORE
US Retail Sales Surge Most Since 2017
Everything is awesome again - like it was in January, remember?
READ MORE
The World's Most Miserable Economy Has Seven-Figure Inflation
Inflation that’s projected to reach an eyeball-popping 8 million percent this year has left Venezuela saddled with the title of the world’s most miserable economy.
READ MORE
Now Two-Thirds of American CFOs Predict Recession by Summer of 2020
American CFOs fear a recession by the third quarter of next year, according to the latest Duke CFO Global Business Outlook Survey...
READ MORE
Merk: The US Market Is Going to Die a 'Traditional Death
Axel Merk of Merk Investments says he thinks the Federal Reserve will eventually hike interest rates and push the U.S. market and economy over.
READ MORE
Fed May Need to Buy More Bonds Than Before Crisis to Manage U.S. Rates
“The size of these purchases will need to be larger than similar pre-crisis operations,” in part because the Fed’s other liabilities...
READ MORE
Investors Are Worried About European Banks
European banks are suffering from years of weak profits, massive fines, ultra-low monetary policy and uncertainty surrounding the...
READ MORE
St. Louis Fed President 'Hasn't Lost Confidence' yet in Economy
St. Louis Fed President James Bullard says he hasn’t “lost confidence yet” in the prospects for the U.S. economy, adding that he expects “better news” in the data through the second quarter of this year.
READ MORE
Gold Traders’ Report - April 17, 2019
Gold was choppy last night, trading either side of unchanged in a narrow range of $1274.75 - $1279.80. It rose to its $1279.80 high during Asian time where it was capped by former support at $1277-80...
READ MORE
A Rare Look Inside the West Point Mint's Massive Gold Operations
Nearly a quarter of the U.S. Government’s gold sits beneath a windowless building on the campus at West Point.
READ MORE
Germans Holding Record Amounts of Gold
Households in Germany have lifted their holdings of gold, meaning, along with the central bank, the country now holds 6.5 per cent of worldwide gold reserves.
READ MORE
Deutsche Bank Still Has $49 Trillion in Derivatives
Even after a $354 Billion Bailout from the U.S. Federal Reserve.
READ MORE
Argentina Unveils New Measures to Shield Peso as Inflation Quickens
Argentina has been taking measures to fight inflation since last year, when prices rose 47.6%, battering consumers' spending power and dampening President Mauricio Macri's popularity
READ MORE
The Bankers Vig and the Price we Pay: Cost of Repealing Glass-Steagall
When banks take a bigger share of the economic pie, labor, investment activity, corporations and shareholders suffer.
READ MORE
Fed Bullard: Optimal Monetary Policy for the Masses
Can monetary policy be conducted in a way that benefits all households even in a world of substantial heterogeneity?
READ MORE
Two-Thirds Of Wall Street Investors Positioned For "Secular Stagnation"
70% of investors surveyed expect a global recession to start in the second half of 2020 or later...
READ MORE
Bridgewater Warns of Peak us Profit Margins, Lower Stock Prices
The major drivers of high U.S. corporate profit margins are unsustainable and "now under threat", which will eventually result in much lower equity prices, Bridgewater Associates, the world's largest hedge fund, said on Wednesday in a report.
READ MORE