Precious metals news

Our newest entry into our Modern Ancients silver collection is now here. It was inspired by the hero, Ajax, & the Ancient Greek coins that once featured him.

The truth is that the “bull market” in U.S. stocks is nothing more than bull market in money printing, credit creation, an unprecedented level of Central Bank intervention and extreme […]

The future price of gold depends on what happens to the purchasing power of the paper currencies in which it is measured...

OPEN INTEREST RISES ABOVE 500,000 IN GOLD AND THUS NECESSITATES ANOTHER RAID...

Media analyst Mark Dice tries to sell a 100 ounce bar of .999 fine silver bullion for $25 outside of a coin shop

We're going lower...

This article was written by Dickson Buchanan, SchiffGold Precious Metals Specialist. Any views expressed are his own and do not necessarily reflect the views of Peter Schiff or SchiffGold.
For international customers who want to invest in physical gold and silver, taking delivery of metals can be an irksome situation.
The cost of shipping isn’t the problem. Shipping and insuring gold internationally is actually quite affordable, and SchiffGold offers low international shipping rates to over 60 different countries.
However, the real problems occur at the border of the receiving country. Despite international customs regulations which allow .9999 pure gold to remain free from value added taxes or duties, many customs officials will charge a fee to have the metals released. Sometimes this fee is as large as 20% of the total value of the package. This is particularly a problem in Central and South America where corruption at the border is rampant.

The Silver Institute has released its latest issue of Silver News. This edition spotlights a growing silver market deficit that is expected to widen further in 2016 due to increased demand and shrinking supply.
The silver market deficit (total supply less total demand) is expected to widen in 2016, drawing down on above-ground stocks. The larger deficit is expected to be driven by a contraction in supply.”
In what would represent the first reduction in global silver mine production since 2002, mining output is projected to fall by as much as 5% year-on-year in 2016. Scrap supply is also expected to weaken further in 2016. It has been on the decline for the last several years.

Mario Draghi pledged to destroy the Euro last week with Bazooka money, Japan continues to debase the Yen, Venezuela has hit outright hyper inflationary status, & currencies around the world are in an unprecedented suicidal race to zero -

"The Panic of 2016." It is under way. Gold is up over 20% since the beginning of the new year. Look at the banking stocks. They are down. Follow the money, that’s the story.

Man-oh-man, the heat I am taking over my recent "Caution" stance on the near-term outlook for gold and silver is now verging on the theatre of the absurd, says precious […]

Friday's action in gold has been at once both terrific and frothy, wonderful and scary, and redemptive and soothing, says precious metals expert Michael Ballanger.

The U.S. economic and political system is on the verge of a systemic disruption that will make life difficult for the entire population.   It’s anyone’s guess when the catalyst […]

The gold price is trying to tell us something...

This article was submitted by Addison Quale, SchiffGold Precious Metals Specialist. Any views expressed are his own and do not necessarily reflect the views of Peter Schiff or SchiffGold.
Many people have been talking recently about the “war on cash." With policymakers seriously talking about eliminating cash, it can be worrisome. But there is a way to avoid the consequences of the "war on cash. You just need to pick the right strategy.
With the endless lowering of interest rates and the possibility that they could turn negative, there is more incentive than ever for people to pull their dollar savings from banks and just hold on to the paper cash at home. After all, why risk your dollars in a bank that yields zero return or even charges you to hold your money? As a result, people are buying up safes, pulling their dollars out of the bank, and storing them at home.
They are kind of missing the point though. As this article points out, if interest rates are making you wan...

Veteran trader Dennis Gartman appeared on CNBC Futures Now yesterday and he made it clear right up front that he is not a “gold bug.”
I’m not a gold bug. I don’t like the gold bugs. I’m not a believer that the world is coming to an end.”
After that disclaimer Gartman, the anti-gold bug said, “Buy gold!”
Gartman said as long as central banks continue expansionary monetary policy, the upward trend in gold will continue. And there is every indication that negative interest rates and quantitative easing will continue indefinitely. The stimulus the European Central Bank announced this week will last well into the future. As Bloomberg put it, “The ECB’s new measures have just entrenched policies designed for crisis times into the next decade.”

In the latest MUST READ Hat Trick Letter, Jim Willie reveals The onset of the return of the Gold Standard to trade, banking, and currencies is upon us...

Greg Hunter analyzes big news stories from the past week.

Mario Draghi finally let loose this morning with everything left in his monetary "bazooka" and has gone as far as the Bundesbank will let him. We now have a situation […]

Someday something will change and the confidence scheme will fail.  Every uptick in gold increases the pressure on that confidence scheme which is why the banks are fighting it so hard…in […]