Your Precious
Metals Connection

By Appointment Only

Global Central Banks Are All-In: QE Running At Record $180 Billion Per Month (And Rising)

The monetary policy beatings will continue until morale improves. Eight long years after monetary policy experimentation went extreme

Deutsche Bank profits plummet 98%, CEO warns of further cuts

Deutsche’s share price fell by four percent on Wednesday after the announcement. Analysts’ predictions had varied from more than a billion euro loss to half a billion profit

Precious metals lift ahead of Fed meeting

Gold has risen as the US dollar has fallen but remains in to a range of a two-day US Fed meeting which is being closely watched for clues on the outlook for interest rates

Marc Faber – Gold Should Comprise 25 Percent of Your Investment Portfolio

Faber touted gold as “protection from a dangerous combination of tremendous government debt & massive bond-buying by central banks globally trying to fight off recession with near-zero interest rates.”

Why currency wars will cause the world more financial pain

The currency wars threaten to spill over into interest-rate markets

How the pieces are falling Rapidly into place for another global financial crisis

Banks worldwide are highly leveraged, leaving them vulnerable to even a small loss, which can wipe out a significant amount of capital and increase the risk of insolvency

Silver Surges Over $20 After Dismal Durable Goods Data

Has prompted ‘the QE trade’ as bonds, stocks, & bullion surge (& dollar drops). Silver just spiked to $20…

Demolishing Three Common Arguments against Gold – Jim Rickards

the Fed could carry out an 80% devaluation to start, announcing that gold will be US$5,000 per ounce. Then, it could do a second devaluation from US$5,000 to US$10,000 per ounce.

Gold turns positive after weak U.S. data – Fed outcome ahead

The Gold remained supported amid speculation central banks in Europe & Asia will step up monetary stimulus in the next few months to counteract the negative economic shock from the Brexit vote

Contagion from Italy’s Bank Meltdown Spreads

Without a taxpayer-funded bailout that directly contravenes the Eurozone’s new bail-in rules, the world’s oldest surviving bank, Monte Dei Paschi, could soon be out of business

ECB Brings European Banks to the Brink of Disaster

The ECB is bringing Europe to the brink of a widespread banking collapse. Once this crisis becomes a contagion, there will be no stopping it.

Investors Are Losing Faith in the Fed

The trend shows investors are losing faith in the central bank’s long-term ability to spur price growth

Un-Dovish Fed Stays On Hold, Upgrades Economy, Suggests “Risks Have Diminished”

it is perhaps no surprise that The Fed – once again – punted its decision to hike rates…

Athas Shrugged – The Return Of Subprime (Nonprime) Residential Lending [Athas Capital]

The private markets have found a way to provide credit for home purchases for borrowers with poor credit. How do these lenders bypass the vaunted Qualified Mortgage (QM) rules decreed by the CFPB? Simple.

The Great Lie That Is Bankrupting the Economy…

The problem caused by the Fed’s phony-baloney credit-money. It has led to a worldwide debt bubble – $300 trillion worth

Banks in Eurozone to begin charging negative interest to customers as EC seeks to cut funds to …

these new policies of charging clients simply to hold their money is the final warning to get out of most financial institutions

Keep It Coming – China Looks to Russia to Supply its Gold Rush

Though it is the world’s biggest producer, China cannot keep up with its demand for gold

Why a Fed repeat of 2015 will not help the dollar

Fed must proceed cautiously if it wishes to shift policy towards rate normalization & that means keeping the dollar in check.

America’s Exploding Deficit

Two recent pieces of budget news are a grim reminder of the perilous state of fiscal policy in the United States.

The “New Housing Crisis” – Not Enough Rental Homes? – Lance Roberts

While there are many hopes pinned on the housing recovery as a “driver” of economic growth in 2013, 2014, 2015, 2016 – the lack of recovery in the home ownership data suggests otherwise.