Precious metals news

A rate hike that follows Brexit turmoil could put the Dow into crash mode, and send gold straight towards $1400.

Why, since the early 1970's, have wage-earners' income been so stagnant? Is it that labor is less valued in society? Some sinister plot? Or is it something else...something so obvious...?

EXTREMELY HIGH GOLD OI CAUSES OUR BANKSTERS TO RAID GOLD AND SILVER TODAY- AND THAT FAILED...

In the latest Keiser Report, Max and Stacy interview two precious metals analysts – Craig Hemke and Andrew Maguire.  The two give their forecasts for the gold market and discuss the […]

The Federal Reserve kicks off its Federal Open Market Committee meeting Tuesday. Just a couple of weeks ago, it was a foregone conclusion that the Fed would announce a rate hike during the meeting. But after the shockingly bad May employment report, most agree the interest rate increase is off the table.
In fact, Peter Schiff says this meeting is going to be a dud.
In his most recent podcast, Peter said the Fed will use the Brexit as the excuse as to why it is not going ahead with the rate hike, but that isn’t the reason at all:
Again, I just think all that stuff is an excuse. I mean, they’re really concerned about the US bubble-economy and the problems domestically, but they don’t want to acknowledge that. So, they want to rationalize it or blame things on problems abroad because that doesn’t play as badly at home.”

Do you know the last time the world’s interest rates were this low?
About 5,000 years ago.
Let that sink in for a moment.
Since the financial crisis in 2008, world governments have printed $12.3 trillion of money. Central banks have cut interest rates 654 times since the Lehman Brother collapse. There are nearly $10 trillion worth of negative yielding bonds.
And what have we gotten for all of this quantitative easing, interest rate slashing, and central bank monetary manipulation? Economic growth in advanced economies that won’t likely eclipse 2% this year and a global debt problem that has only grown more acute.

The latest CFTC-generated Bank Participation Report provides another case study of the methods through which the major Bullion Banks attempt to influence and direct gold prices. Look at the change […]

Does Gold Care About Inflation?  Sprott's Thoughts Digs In, & the Result Might Not Be What You Expected...

Can gold help this unmitigated disaster? 

“We believe having the physical gold in the vault makes a lot more sense than selling it at these prices.” This is one junior gold and silver miner to keep […]

"Something has changed in the silver & gold markets." Join Mike Maloney in his latest video to find out what it is...

While CNBC & other media outlets continue to hype stocks & talk down Gold, the precious metal is crushing virtually every US-based asset class.

In @ 12:32 precious metals analysts - Craig Hemke of TFMetalsReport.com & Andrew Maguire of AndrewMaguireGoldTrading.com.

Last week, James Rickards explained to CNBC why he is a long-term holder of gold bullion. He pointed to the pattern of financial collapses that threatened the global economy over the past two decades.
In the late ‘90s, Wall Street bailed out a hedge fund. In 2008, the Federal Reserve bailed out Wall Street. But in 2018, it’s the central banks that will need a bailout. And what will happen to the dollar when the Fed loses international credibility?
Scott Nations jumped in to interrogate Rickards and took the opportunity to remind Rickards of his long-running debate with Peter Schiff, who shares Rickards’ long-term prediction of gold reaching $5,000 an ounce or more. Rickards patiently gave Nations a lesson in history, and reminded him that he’s not buying gold as a trading commodity for growing his wealth – he owns gold as one of the best means of wealth preservation.
Don’t think of gold as a commodity. I don’t think of gold as a commodity. I don’t think of gold as an inv...

"if you do not own gold or silver, you do not understand economics, you do not understand what paper (money) is, you do not understand how economic works and you […]

A new study shows that Americans have gotten poorer over the last 30 years. The main reason is the rising cost of housing.

SD reader Dave writes: I invested $20,000 in gold and $60,000 in silver bullion five years ago.  I was lead to believe they were going way up due to money printing […]

An Economic Collapse and Financial Crisis of historical proportions is rising...

Gold’s reversal of fortune over the past half-year has been epic.  The strong gains so far this year have been overwhelmingly fueled by one dominant driver, massive investment buying.  After shunning […]

In silver, the total open interest ROSE by 1610 contracts UP to 194,583 AS THE PRICE OF SILVER WAS WELL UP by 28 cents with respect to YESTERDAY’S trading. In ounces, the […]