Precious metals news

In this week's video I present several charts that indicate to me that the stock markets are severely overvalued.

This IS the rally in gold that should never be sold...

Peter Schiff join CNBC's Fast Money today to explain to the money bunnies exactly why gold is your safest and best bet:

The “big price correction” side of the ship deck has become heavily mobbed with short-term timing forecasts on gold...

"Gold is going to be a winner no matter what happens, there is no losing scenario for Gold."

Our economy is a house of cards. It’s held up by the Federal Reserve. The question is how long can they hold it up? . . .

Super-delegates, rules committees meeting in secret, backroom vote-counting - is it any wonder less than half of Americans bother to vote?

James Rickards: Author of "Currency Wars", Lawyer and Economist / Tres Knippa: Owner Principal of Bandon River Capital in Dallas, Texas

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.
Unfortunately, too few people remember or know of the story of MF Global Inc.
MF Global was one of the most respected primary dealers for stock, bond, and futures trading. The firm had been operating over 200 years, formerly known as Man Financial. In 2010, the company was directed by Jon Corzine, who was a senator, governor, and at one time was the CEO of Goldman Sachs. MF Global was second-to-none, and it serviced some of the wealthiest private traders and institutions.
In the fall of 2011, 38,000 accounts were adversely affected when MF Global illegally transferred $1 billion in funds out their clients' trading accounts. MF Global used these funds to cover the company’s personal trading losses after some European bond investments went belly-up.

Generally speaking, rising prices tend to temper demand, but when it comes to gold in China, the recent price rally has created the opposite effect. As the Wall Street Journal put it, “Chinese investors see a golden opportunity.”
Demand for gold has surged in China over the last several weeks, during a period generally considered out of season. And it’s not typical Chinese jewelry purchases driving the demand. Chinese investors are buying gold coins and bars.
Typically, gold purchases in China are strongly associated with jewelry buying around the Lunar New Year holiday, which this fell in early February. But the uncertainty confronting global economies has driven up demand from a different sort of buyer—the hard-nosed investor.”

Market intervention masquerades as a “bull” market until it the costume falls off.  We are very close to this point of “undressing” and the consequences of the extreme moral hazard generated […]

Central banks - & central bankers - are in uncharted waters. They don't know how to create economic growth, they don't know how to fight the great bogeyman of deflation

Durable goods orders declined 2.8%”, “US oil shipments fall 5% ....

A Trump Presidency could be better for gold than you might expect...

On Friday March 15, 2013–just over three years ago–people across the entire nation of Cyprus went to bed believing that everything was OK. The next morning they woke up to […]

Is the entire global financial system about to blow? 

Is gold about to make an EPIC head fake prior to skyrocketing towards Jim Sinclair's numbers? Eric Hadik makes the case:

Earlier this week, the CEO of Munich Re, the largest reinsurance company in the world, announced that they would start holding 8-digit sums of physical cash and gold in their […]

We are witnessing the western Central Banks’ last gasp at preventing total systemic collapse.

2.5 hours of Golden Jackass at his absolute finest: