January Jobs Data Complicates Interest Rate Outlook

The eagerly anticipated non-farm payrolls data left many investors scratching their heads on Friday, as fairly uninspiring data pointed to an economy not growing fast enough to support any more rate hikes, but not weak enough to warrant further stimulus from the Fed. Non-farm employment rose by 151k jobs in the month of January, slightly … Continue reading January Jobs Data Complicates Interest Rate Outlook

Who is trying to corner the Copper market?

The manipulation of economically important commodities such as gold, oil, and industrial base metals for the purposes of supporting a particular economic narrative is a well known phenomenon in the modern marketplace. In this era of zero percent interest rates (which are themselves manipulated), the cost of engaging in such activities is minimal for the … Continue reading Who is trying to corner the Copper market?

Gold price rises to three month high on hopes of Fed U-Turn

Gold prices hit a new three month high on Wednesday as ongoing safe haven buying from investors, and technical buying from short term traders helped push Comex futures close to the $1,150 level per ounce. Silver also rose, closing just shy of $15 an ounce as a slumping dollar helped increase the metal’s appeal. Both … Continue reading Gold price rises to three month high on hopes of Fed U-Turn

US National Debt Rises to $19 Trillion

The US national debt reached a new record high of $19 trillion last Friday according to recent data released by the Treasury Department, bringing the total increase in debt during the Obama presidency to just over $8 trillion dollars. While the Obama administration will be quick to point out that much of this debt is … Continue reading US National Debt Rises to $19 Trillion

Entering The Twilight Zone of “Negative” Oil Prices

2016 has been a brutal year for markets, the source of which can be traced directly to policy failures by the world’s major central banks over the last decade. By not allowing interest rates to clear at their appropriate level, central banks like the Fed, the BoJ and the ECB have created one of the … Continue reading Entering The Twilight Zone of “Negative” Oil Prices

Currency War Escalates as Japan Unleashes Negative Interest Rates

If the Fed appeared shy in stepping up to the stimulus plate last week, then the Bank Of Japan made up of for it in spades over the weekend – hitting the stimulus ball out of the park. In a “shock” move, the BOJ became the first major central bank to initiate a regime of … Continue reading Currency War Escalates as Japan Unleashes Negative Interest Rates

Germany repatriates an additional 366 tons worth of gold in 2015

Germany’s much followed gold repatriation scheme continued to gather pace in 2015, with the Bundesbank managing to claw back 366 tons of its gold reserves from vaults in Paris and New York. The repatriation plan, first introduced in 2013 in response to mounting public pressure, will see the transfer of 673 tons of gold from … Continue reading Germany repatriates an additional 366 tons worth of gold in 2015

Fed pours cold water over calls for more stimulus: Yellen signals rate to continue rising

The first Fed policy meeting of the year ended on a sour note for US equity markets as Janet Yellen reiterated the Fed’s intention to go ahead with their program of “gradual” rate rises for the rest of the year. Yellen’s “tough love” approach was certainly not what the market was hoping for, triggering a … Continue reading Fed pours cold water over calls for more stimulus: Yellen signals rate to continue rising

Chinese gold imports at highest levels in 3 years

Chinese gold imports from Hong Kong reached their highest level in over two years due to extraordinary physical demand for bullion from ordinary investors. December’s trade data from the Hong Kong Census and Statistics Department saw a 67 percent jump in imports to 111 metric tons, up from 66 tons in November as investors rushed … Continue reading Chinese gold imports at highest levels in 3 years

How to Bury And Bug Out With Your Bullion

You’re prepared for the “just in case.” You have your bugout bag full of living essentials and you have your bullion repository ready to be secreted away in your underground nest egg:  Northwest Territorial Mint’s Bullion Bugout cylinder. But burying smartly involves a little more than digging a hole at the side of your house … Continue reading How to Bury And Bug Out With Your Bullion