Global GDP Up By A Massive Amount Of Debt

First published by Money Metals here:
https://www.moneymetals.com/news/2018/11/13/global-gdp-massive-debt-001649

While the government agencies and economists continue to publish strong GDP figures, they seem to overlook how much debt it took to produce that growth. Or should I say, the “supposed growth.” The days of adding one dollar of debt to get one dollar of GDP growth have been long gone for more than 40 years. And, as global debt has increased, it has forced governments to lower interest rates.

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$GLD and $SLV Prices as of November 12 2018 @moneymetals

November 12, 2018 — Stock markets rallied following last week’s midterm elections and precious metals prices fell.

The idea of gridlock in Washington, the Congress split between Democrats and Republicans, was well received on Wall Street. Conventional asset markets have often done well when neither party has control and politicians are constrained.

By the end of the week, however, traders began to worry. The Federal Open Market Committee reiterated its commitment to raising interest rates, and watchers expect officials there to deliver the next hike following the December meeting.

The DOW lost 200 points Friday, and the NASDAQ was hit even harder in percentage terms, down 123 points on the day.

Oil prices have been in sharp decline over the past month. West Texas Intermediate crude has fallen 22% from its highs in early October and that also seems to be weighing on metals prices.

Check out live precious metals prices here:
https://goo.gl/gy5XMA

Originally Posted Here: $GLD and $SLV Prices as of November 12 2018 @moneymetals

$GLD and $SLV Prices as of November 12 2018 @moneymetals

November 12, 2018 — Stock markets rallied following last week’s midterm elections and precious metals prices fell.

The idea of gridlock in Washington, the Congress split between Democrats and Republicans, was well received on Wall Street. Conventional asset markets have often done well when neither party has control and politicians are constrained.

By the end of the week, however, traders began to worry. The Federal Open Market Committee reiterated its commitment to raising interest rates, and watchers expect officials there to deliver the next hike following the December meeting.

The DOW lost 200 points Friday, and the NASDAQ was hit even harder in percentage terms, down 123 points on the day.

Oil prices have been in sharp decline over the past month. West Texas Intermediate crude has fallen 22% from its highs in early October and that also seems to be weighing on metals prices.

Check out live precious metals prices here:
https://goo.gl/gy5XMA

Precious Metals Investing Tips for Beginners

Originally Posted Here: Precious Metals Investing Tips for Beginners

Precious Metals Investing Tips for Beginners

Washington Investigations; GOP To Give Back 2 Senate Seats?; JP Morgan Trader Pleads Guilty to Gold/Silver Manipulation

First published by Money Metals here:
https://www.moneymetals.com/podcasts/2018/11/09/jp-morgan-gold-silver-manipulation-001647

This week, a fascinating and informative interview Money Metals president Stefan Gleason gave recently for the Sustainable Money podcast. Stefan shares some of the history behind sound money, when and where the wheels came off our monetary system.

These Rhodium Bars are a Great Upgrade

Buy Rhodium Bars

Money Metals Exchange proudly offers a 1 ounce Rhodium offer from Baird & Company located in London. These bars are .999 pure rhodium – the precious metal with perhaps the most explosive potential for price appreciation. Prices peaked near $10,000/ounce in 2008 and many expect the market may return to those levels next time there is a shortage of this extraordinarily rare and indispensable metal.

Like platinum and palladium, the primary application for rhodium is catalytic converters for cars and trucks. It is alloyed with platinum and palladium to enhance resistance to corrosion and aggressive chemicals. Jewelers and silver smiths also rhodium in thin layers to prevent tarnish to the underlying metal.

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Rhodium bars for sale:
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