Precious Metals News

Rhodium Catalytic Converter Use and South African Social Unrest

By My Private Bullion | February 19, 2020

Rhodium used within catalytic converters triggers platinum and palladium to reduce some of the most of harmful chemicals – catalyze the oxidation of hydrocarbons. Fighting pollution becomes important with tightening of the pollution laws, the more cars for made, the more rhodium is needed. Catalytic converters have been an integral component of automobiles for many years to facilitate…

Gold price pushes above $1,600 – Coronavirus and Other News That Drive Gold

By My Private Bullion | February 18, 2020

“If we think about it in percentage terms, to imagine gold making a new all-time high sometime in 2020 doesn’t seem like such a stretch,” says John Roque, a technical analyst with Wolfe Research in New York City. Investors who didn’t own gold in 2019 could be kicking themselves after an 18% rise in prices…

Jim Rickards: The Four Main Catalyst For Gold

By My Private Bullion | October 17, 2017

The Federal Reserve would like to continue “normalizing” interest rates. But the most recent economic data simply does not justify it. On Sept. 29, the August core PCE year-over-year (YoY) inflation figure was released. And the data came in exactly as I expected. YoY inflation for August was just 1.3%, down 0.6% from the January…

Trump discovered a 100-year-old secret that Feds don’t want you to know.

By My Private Bullion | July 25, 2017

R: Hello Mr. Viera, Thank you for this interview today. What do you make of Donald Trump’s statements about our national debt and likely default?   V: Good Morning, Rebecca. Donald Trump needs to be careful about what he says, recently he got in trouble for mentioning a well-known truth that you really can’t talk…

U.S. Loses $309 Billion To China In 2016

By My Private Bullion | July 24, 2017

Last Thursday, President Donald Trump held the first meeting about the trade deficit with China. The parties in attendance could not come to any sort of agreement, and each party even made independent statements at the closing of the meeting. After the meeting, a protocol was finalized to allow the U.S. to ship rice to…

A Great Opportunity to Stack Up on Gold

By My Private Bullion | October 25, 2016

Jim Rickards contact “Goldfinger,” a gold industry insider, first clued us into an important gold flow reversal happening. You might recall their live broadcast. In the months just before that meeting in Zurich with Goldfinger, over 170 tons of gold flowed back into London. Instead of coming out of London, into Switzerland, and then heading…

A Big Comeback For Gold

By My Private Bullion | September 25, 2016

Gold is set for a comeback six to 12 months from now, according to UBS. As long as the Federal Reserve sees no reason to raise interest rates in a hurry, gold should do well, according to strategists at the bank’s Chief Investment Office Wealth Management Research arm. They see gold prices climbing to $1,350…