Precious metals news

Gold’s 18% move in January had the masses calling for a correction. Forecasters pulled out every tool, from technical support levels to Commitment of Traders data, to predict a considerable […]

Today, the bankers got a good look at the real OI for today in both gold and silver, and they decided en masse that it was necessary to orchestrate a […]

This article was submitted by Joel Bauman, SchiffGold Precious Metals Specialist. Any views expressed are his own and do not necessarily reflect the views of Peter Schiff or SchiffGold.
We hear on the news all the time, “The Fed is fighting deflation,” or, “Central banks are responsible for maintaining a healthy 2% inflation rate.” But what exactly is the Fed fighting? What exactly is inflation and deflation?
The concepts of inflation and deflation have been completely misconceived by the public and economists alike. Back in grad school I was in the middle of class, and I realized the definition of inflation used by my professor was different than what I had originally learned. In fact, the definition given depended on whom I asked, or which book I read.
One can look up the definitions in any Webster’s dictionary published from 1864 through 2003 and find inflation defined as: “Undue expansion or increase, from over-issue; — said of currency.” This definition is see...

Last month, hackers managed to get into the Federal Reserve Bank of New York's computer system and swipe some $100 million from a Bangladeshi government account.
As James Rickards pointed out in an interview last week on Fox Business, the vulnerability of digital wealth to hacking and cyber manipulation provides yet another reason to own gold. It is a tangible, physical asset that you can keep in your personal possession:
Watch the latest video at video.foxbusiness.com
There are new reasons to have gold…21st century reasons. Vladimir Putin has a 6,000-member cyber brigade working night and day to erase digital wealth. So many billionaires will say, ‘what do you have, stocks, bonds?’ No you don’t; you have electrons. Putin can wipe those out. The thing about gold, you can’t hack it, you can’t erase it, you can’t delete it. It’s tangible,”

The only conclusion we can draw from this is that something has blown up in the global financial system which caused unpredictable instability in – and loss of control over […]

In this shocking 30 minute presentation that is quickly going viral, Jeff Berwick makes the case that the elite are INTENTIONALLY planning on collapsing the entire global financial system...by October. 

Published on Apr 11, 2016 Two years ago, Swiss voters had a national referendum that would have set the nation’s minimum wage at $25 an hour. A whopping 76.3 percent of voters voted NO to the referendum. Switzerland has no minimum wage and Swiss workers are among the highest paid in the world! The Swiss get it....why don't Americans?

Be sure to visit http://www.ronpaullibertyreport.com for more libertarian commentary.

Are the Commercials losing their grip on the price of gold? 

Using "expedited procedures" the Federal Reserve Board of Governors held an impromptu (read emergency) meeting yesterday to discuss monetary policy and interest rates. Afterwards Chairwoman Yellen visited the White House for another irregular meeting with the President.

Germany requested (several years ago) the return of a portion of their gold stored at the New York Federal Reserve, but Germany was denied access to their gold and denied […]

In @ 14:30 of the second half, Max interviews John Kim of SmartknowledgeU.com about the latest in the gold market.

Predictably the IMF - whose Christine Lagarde recently said "When The World Goes Downhill, We Thrive", came out in support, while investors Larry Fink and Bill Gross came out hammering the program.

The World Gold Council’s first quarter report is a bunch of bull. Or perhaps it would be more accurate to say it projects a very bullish outlook for gold.
The report confirms what we already knew – gold got off to a glittering start in 2016 - and it predicts the rally will likely continue and evolve into a genuine, long-term bull market.
Gold rose nearly 17% in US dollar terms through the first three months of 2016, and the return on the yellow metal significantly outperformed most other major stock, bond, and commodity indices. Analysts at the World Gold Council say they don’t think it was just a flash in the pan. They say market dynamics indicate the rally will continue:

So much for a big correction! Gold surged to $1260 and silver is popping through $16 this morning.  Just exactly HOW MANIPULATED is the price of gold, and are signs […]

Gold market analysts have for many years puzzled over the unusual behavior of the gold market during the 1990s, specifically the bizarrely flat gold price from 1993 to 1996 in […]

Gold has spent much of the past couple months consolidating, vexing traders and bleeding away most of early 2016’s enthusiasm that catapulted the yellow metal higher.  But this sideways grind […]

The gold and silver consolidation of recent weeks could be nearly over...

We are saddened to report that Jim Comiskey passed Friday. As a tribute, we are reposting his last EPIC RANT on metals, Yellen, NIRP, and their impact on the economy- recorded […]

Forget income & sales taxes for a minute. Some of the cruelest & most regressive taxes are either hidden or nearly hidden

Hat Trick Letter Editor Jim Willie joins the show for a MUST LISTEN financial collapse update: ZIRP / QE destruction END GAME- & Willie's corresponding prognosis for gold and silver: