NEWS

Today’s gold and silver market news, curated from the best of GoldSilver's team and around the web. Everything precious metals investors need to know including updates on big price swings, macro analysis, and breaking stories. Check back often or subscribe to get the highlights in your inbox. Monitor live spot prices on our charts page.

Displaying 81 to 100 of 21619

Jul 10, 2020 - 13:03:02 PDT

$3 Trillion of Fed Counterfeiting Not Enough: Republicans and Pelosi Want More!

Politicians of all stripes are so desperate to keep their house of cards together that they're putting their faith in Federal Reserve counterfeiting. The era of government omnipotence is ending.

Jul 10, 2020 - 13:01:08 PDT

Economy Won’t Recover Until 2023: Rickards

I’ve argued that we’re in a new depression. The depth of the new depression is clear. What is unclear to most observers are the nature and timing of the recovery.

Jul 10, 2020 - 11:41:24 PDT

What Can Be Gleaned From Comparing Japan and the US?: Econimica

US continue falling for over a decade now...mirroring Japan's domestic demographic and import/export realities.

Jul 10, 2020 - 11:36:30 PDT

Game Over Spending

Second quarter 2020 came and went like a California wildfire. The economic devastation caused by the government lockdowns was swift, the destruction immense, and the damage lasting. But, nonetheless, in Q2, the major U.S. stock market indices rallied at a record pace.

Jul 10, 2020 - 11:34:14 PDT

The Extra $600 Unemployment Benefit Probably Won’t Be Extended

The Trump administration wants to cap the benefits in the next stimulus bill so that workers don't receive more in unemployment than they did at their jobs, Treasury Secretary Steve Mnuchin said.

Jul 10, 2020 - 10:33:45 PDT

The Threats To The Bullish Thesis Have Grown: Lance Roberts

Since the March lows, the markets have rallied on the assumption of a "V-shaped" economic recovery. However, the threats to the bullish thesis have grown.

Jul 10, 2020 - 10:27:48 PDT

UK Commits ‘Highway Robbery’ of Venezuelan Gold

Who knows, when, if ever, the Venezuelans will see their gold. But you can be sure they won’t be investing with the Bank of England any time soon.

Jul 10, 2020 - 10:21:42 PDT

Chinese Banks Preparing For "Worst Case" Scenario: Being Cut Off From SWIFT, Hong Kong Bank Runs

"We are hoping for the best, but preparing for the worst. You never know how things will turn out"

Jul 10, 2020 - 10:11:56 PDT

Utah Governor Declares State of Emergency Due to ‘Civil Unrest’

Utah Gov. Gary Herbert (R) late Thursday declared a state of emergency in Salt Lake City following tense demonstrations that saw protesters square off against Salt Lake City police.

Jul 10, 2020 - 10:07:05 PDT

Already in Financial Meltdown, Lebanon Endures Blackouts of Around 20 Hours a Day

The Lebanese pound has lost 80% of its value since last October.

Jul 10, 2020 - 09:57:08 PDT

Looming Evictions May Soon Make 28 Million Homeless in U.S.

"We have never seen this extent of eviction in such a truncated amount of time in our history," housing expert Emily Benfer said.

Jul 10, 2020 - 09:51:20 PDT

The Second Jobs Apocalypse

The small decline in the number of Americans applying for and receiving traditional unemployment benefits is being more than offset by the increase in PUA beneficiaries, resulting in more people on unemployment.

Jul 10, 2020 - 09:42:19 PDT

Will Western Economies Be ‘Turning Japanese’ After Covid?

Japanification is a ‘preview movie for the West’, according to KPMG’s Chief Economist Constance Hunter, and it may be about to open at a cinema near you.

Jul 10, 2020 - 09:36:28 PDT

You Are Now Leaving FantasyLand: The Losses Will Be Taken By Somebody

As the inverted pyramid collapses, the effects will be non-linear.

Jul 10, 2020 - 09:15:22 PDT

The Strangest Recession In History

"Recessions don’t usually result in personal income soaring, but this one has thanks to government support around the world."

Jul 10, 2020 - 08:16:17 PDT

Pelosi Rejects White House’s $1 Trillion Price Tag for Pandemic Relief, Now Wants $Trillions More

“No, we need a trillion dollars for state and local. We need another trillion dollars for unemployment insurance, and direct payments.”

Jul 10, 2020 - 07:59:38 PDT

The Leveraging of America: How Companies Became Addicted to Debt

Even before the pandemic, the level of corporate leverage was beginning to cause alarm. At the end of last year, the IMF issued a striking warning: as much as $19tn of business debt in eight countries led by the US — or 40 per cent of the total — could be vulnerable...

See full story: Novogratz On Gold & The Fed's Fairy Tale World

Jul 10, 2020 - 07:43:02 PDT