Precious metals news

If/when gold/gun confiscation comes to your door, you will need to be prepared...

Wealth and power are shifting. Central bankers are running out of ammunition. Almost every major western government and central bank is on the brink of insolvency if not already bankrupt. […]

Negative interest rates are becoming more and more in vogue and that could be good news for gold.
Last week, Sweden’s central bank plunged a key interest rate even deeper into negative territory. Riksbanken slashed the rate from negative 0.35% to negative 0.50%. Many analysts anticipated the rate reduction, but the magnitude of the cut caught most by surprise.
The Swedish central bank’s move followed on the heels of the Bank of Japan dropping a key interest rate to negative 0.1%. The Japanese bank indicated it was willing to go deeper into negative territory if necessary.

...This leads me to believe someone with BIG POCKETS is acquiring silver while the market is lulled to sleep.  The day when the market price of silver goes over $100 with […]

From Greg Hunter: The market keeps falling and the Fed can’t stop it.  Gold is up something like $100 an ounce. The price of gold is going to skyrocket, and it’s […]

More than 240 years ago, residents of the colonies had a term for this. They called it “Taxation without Representation”.

As panic rises, investors are seeking alternative investments, and gold is soaring while oil prices crash. The “coming nightmare” is now upon us, and this is just the beginning...

We have seen the bottom in the gold market and gold stocks. Evidence:

When there is no more physical gold left in London to export to the Chinese, the gold price is likely to go higher on strong global demand induced by economic headwind.  At […]

Thursday February 11, 2016 is a day that seemed to never end. Gold and silver were moving to the upside like hasn’t been seen in several years. 16 years to be […]

“The Central Banks are getting Desperate.  The interventions are so obvious now you’d have to be on drugs not to notice them. “On Monday afternoon, at 3PM ‘someone’ stepped in […]

After months of testing and build-out, the Allocated Bullion Exchange finally went "live" back on Wednesday. What is this new exchange and why does it pose such a direct threat […]

Demand for physical gold has picked up strongly.  In London, ETF Securities reported buying of physical gold ETFs totalling over $710m since January 1st.  Tales from high street bullion dealers […]

Gold's move this week was NOT a currency effect; gold rallied massively in ALL currencies...

The gold miners’ stocks are rocketing higher again, multiplying wealth for smart contrarian traders who bought them low in recent months. But after such a blistering surge, traders are naturally […]

Here come the CME Margin Hikes in gold and silver...

NEGATIVE RATES, KURODA'S "PETER PAN" ANALOGY, AND GOLD'S SURGE

Gold is Really going to Take Off from the Feds Monetary Trap Roach Motel

presented by Learn Liberty. How do you feel the government should be spending or saving money?

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.
The Wall Street Journal recently reported on a fascinating phenomenon unfolding in Venezuela. As many are aware, the nation is beset by a multitude of economic problems as its government has vainly attempted to produce a socialist paradise – with, of course, devastating results.
Things are apparently going to the next level. Recent air cargo shipments to Venezuela have not only included the usual fare of goods and supplies. Rather, 36 Boeing 747 jumbo jets recently arrived filled to the brim with, of all things, millions and millions of bolivars – Venezuelan paper currency
Yes – this is a mind-boggling amount of physical cash!
Sadly, Venezuela has actually had to outsource most of the printing of its currency due to shortages in supplies as well as a need for anti-counterfeit techno...