Precious metals news

Well the final data is in and Janet Yellen’s “hot” economy is a disaster. The US finished 2016 with GDP growth of 1.6%. This is flat out embarrassing. And it confirms what we have suspected all along: that the 3Q16 numbers were completely fabricated in an excel spreadsheet for political purposes. This game is run

(LOL?) Wall Street hocus-pocus has done an awesome job.

The timing of the slight pull back is, surprise, surprise, just before futures option expiration...

Silver rises by 29 cents as the commercials go net short by only 1348 contracts. It seems that they have difficulty in covering their huge shortfall:

With Silver Surging Off 50 Its DMA Friday, Fund Manager Dave Kranzler Joined the Show to Break Down the Action, Discussing: Short Capitulation?  You Can Smell That Gold Wants to Go Higher […]

Cash elimination is the biggest story out there. It is a fraud of epic proportions, and its implications are dark and deeply disturbing. I realize that I keep coming back […]

Today SchiffGold begins its newest weekly series, the “Trump 100”, a continuing look at the new President-elect’s first 100 days in office. Our series will provide you Peter Schiff’s unique perspective on Trump’s executive orders, financial stimulus, deregulation policies, and everything else essential to managing your portfolio.

On Wednesday the Dow hit a historic high of 20,000. In response, Trump tweeted “Great!” a description that sounds contradictory to his campaign message that the stock market is a “big, fat, ugly bubble”. Peter Schiff points out this contradiction in his latest podcast along with an examination of the “pillars” propping up the US bubble economy: cheap money and low interest rates.
Trump’s reaction seems to suggest he was being politically expedient during his campaign or he doesn’t believe stocks are overvalued. More confusing is his appointment of Carl Icahn to a special advisory position. Icahn has been a vocal proponent of the coming economic recession for some time, criticizing the US economy’s lack of manufacturing.

According to historical official records, the price of gold should be 20 times higher than the current market price:

Eric Sprott Analyzes Trump's Trade War With Mexico (and likely China Next): "It's scary to be honest...You could see Russia, China, even the EU stop buying US bonds... " How Will This […]

Two weeks ago we asked a question on Metals & Markets that the market has not (yet):  Could Trump’s Border Tax Ignite CHAOS in the US Silver Market? Moments ago […]

For the last year I've been saying that they are shooting for 20,000 DOW before the bubbles are popped and chaos is unleashed...this week they decided to make their final push […]

Not only will silver reserves plummet to a greater degree versus the other metal reserves, so will its annual production rate.

Volkswagen also claims the silver blocks “up to 60 percent of the summer heat,” which can reduce the temperature inside by 15 degrees.

Russ Koesterich discusses the signs that Inflation Is rising faster than many expect, and what that means for your portfolio.

Frauds are the most painful on the back end, not the front end.

There is now more than enough empirical evidence to show conclusively QE3/4 failed. The entire previous paradigm had depended entirely upon one word, transitory, for it to be revealed otherwise.

Of course, the push to all-time highs has also led to a further extension of the overbought and overly exuberant conditions of the market.

We simply choose to maintain the doomed, parasitic, exploitive system we now have that gives capital the power (to create money) to dominate the world.

This is also the Sixth Wave, so we will see the collapse of Western government instigated by the left. What comes afterwards will be a new government and a new public wave.