News and Views

There were two items of intraday commentary on the precious metals which you can find by scrolling down.  The more important of them is linked below.   I found it to be a little surprising this morning. First Rogoff and now Scholes.  Maybe Mackay was right, that men go mad in herds, but come back to their senses one at a time. Myron Scholes Sees Stagflation Coming, Stock Declines, Suggests More ››
2016/05/04 at 8:03pm
Via: Jesse’s Café Américain
Besides the lousy and low quality earnings and the weak domestic macroeconomic news with increasing strains on the world economy as a whole, things look great if you are a member of the one percent. More ››
2016/05/04 at 7:52pm
Via: Jesse’s Café Américain
Most of the U.S. Mint's gold coins saw markedly higher sales last week, but the most talked about coin, the gold Mercury dime, actually posted a lower overall total. The new 2016-W Mercury Dime... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] More ››
2016/05/04 at 7:45pm
Via: Coin News
It's nice to have things you can count on in investing—it's also pretty rare. One of those stalwart items is the “net asset value” (NAV) calculated by all mutual funds and ETFs. It's a nearly paternalistic piece of data-from-above that tells you with absolute certainty “this is what your investment is worth.” More ››
2016/05/04 at 7:00pm
Via: Hard Assets Investor
Precious metals futures ended lower again on Wednesday. Gold logged a second day of losses after notching a 15-month high on Monday. Gold for June delivery fell $17.40, or 1.4%, to settle at... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] More ››
2016/05/04 at 6:46pm
Via: Coin News
Out of pocket and very busy. See you tomorrow. More ››
2016/05/04 at 5:55pm
Via: Jesse’s Café Américain
Classical economic theory suggests that free markets, in which individuals each act according to their self-interest, yield the best of all possible worlds. All one has to do is look around at places like Cuba and North Korea to see the benefits this system has provided. More ››
2016/05/04 at 5:00pm
Via: Hard Assets Investor
Gold dropped almost 1% in London before it bounced back to $1289.33 at about 8:30AM EST and then fell to a new session low of $1272.11 by early afternoon in New York, but then rallied back higher in late trade and ended with a loss of just 0.61%. Silver slipped to as low as $17.174 and ended with a loss of 0.52%. More ››
2016/05/04 at 4:14pm
Via: GoldSeek
Donald Trump's critics have heaped scorn on his calls for protective tariffs to deal with America's widening trade imbalance and the resulting loss of higher-paying blue color jobs. Some have accused him of trying to turn back the clock in pursuit of a cheap populist ploy and have said that he simply refuses to acknowledge that America is now an information and service economy for which large trade deficits are the new normal. But voters are sensing that The Donald is right to sound alarm bells, and that something radical needs to be done to revive manufacturing to make America More ››
2016/05/04 at 4:00pm
Via: GoldSeek
Snippet: Gold dropped almost 1% in London before it bounced back to $1289.33 at about 8:30AM EST and then fell to a new session low of $1272.11 by early afternoon in New York, but then rallied back higher in late trade and ended with a loss of just 0.61%. Silver slipped to as low as $17.174 and ended with a loss of 0.52%. More ››
2016/05/04 at 3:57pm
Via: SilverSeek
Gold Resource Corporation (NYSE MKT: GORO) (the "Company") reported production results for the first quarter ended March 31, 2016 of 6,463 ounces of gold and 434,142 ounces of silver, which generated $17.4 million in net revenue for the quarter. Gold Resource Corporation is a gold and silver producer with operations in Oaxaca, Mexico and exploration in Nevada, USA. More ››
2016/05/04 at 3:00pm
Via: GoldSeek