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July 28, 2016Interviews

Silver Is All Around Us (Video)

Sunny Pannu, director of corporate development for Defiance Silver, a silver explorer and developer, recently sat down with Silver Institute executive director Michael DiRienzo for a wide-ranging discussion about the fantastic world of silver. The discussion focused on the present state of the silver market and its future. Topics ranged from an explanation of how […]

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July 27, 2016Key Gold Headlines

How Seattle’s $15 Minimum Wage is Creating More Unemployment

A new study by the Evans School of Public Policy and Governance shows Seattle’s minimum wage increase has also increased unemployment. No surprise there given what happened in Puerto Rico. Basic economics states the higher the price of something, the less that something will be purchased. In the case of Seattle’s experiment of increasing their […]

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July 26, 2016Key Gold Headlines

2016 Olympic Medals Not Backed by Gold

The highly-anticipated Rio Olympics begins next week (August 5th), and with it, a race for the gold. Soon, Olympic winners will be standing on the podium donning their gold, silver, and bronze medals and waving towards a roaring crowd. Nothing is more iconic of the Games than these medals draped around the winners’ necks. But […]

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July 26, 2016Key Gold Headlines

Mining CEO: Silver in a Sweet Spot

Between Jan. 1 and July 11, the price of silver increased 44.7%. But can the white metal maintain its bull run? A prominent mining CEO thinks it can – and will. Mining, Inc. CEO Mitchell Krebs told Kitco News that he expects the precious metals sector to attract even more investor interest through the second […]

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July 25, 2016Key Gold Headlines

China and Russia Still on Gold Buying Spree

After a brief pause in May, the Chinese and Russian central banks resumed their gold buying spree in June. The People’s Bank of China added about 15 tons of gold to its stash last month. The Chinese central bank now officially holds about 58.62 million ounces of gold. China has bought gold in 11 of […]

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July 22, 2016Key Gold Headlines

Fed Up Friday: July 16-22

As the saying goes: “Keep your friends close, and your enemies closer.” Here’s a quick look what the Fed’s been up to this week. Philly Fed Shows Drop in Manufacturing This week the Federal Reserve Bank of Philadelphia released the results of its Manufacturing Business Outlook Survey. The Survey of regional manufacturers showed general activity […]

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July 21, 2016Key Gold Headlines

Plan to Solve Puerto Rican Debt Crisis Already Off the Rails

Efforts to solve the Puerto Rican debt crisis have already run off the rails. Late last month, Congress passed a bill allowing Puerto Rico to restructure its debt. Under the plan, the US territory essentially declared bankruptcy. The US government won’t expend funds to bail out Puerto Rico, but will allow the island’s government to […]

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