Precious metals news

Peter Schiff has been saying for months that the US economy isn’t nearly as good as Federal Reserve and government officials want you to believe.
Mainstream analysts and pundits seem to be doing their best to toe the line and paint a rosy picture, but we are starting to see a lot of cracks in the narrative. It’s becoming increasingly difficult to ignore the signs of real trouble in the economy.
A recent CNN story warning us to brace for a “rare recession in corporate profits” as fourth quarter earning begin coming in over the next week serves as a case in point:

On Fox Business, Peter Schiff debated Andy Brenner, who argued that now is the time to be bullish on the US economy and stock market. Brenner pointed to the latest 5% unemployment figure as his main proof. Peter again made the case that unemployment data is a lagging indicator of economic health at best. While Brenner thinks the current stock market volatility won't even come close to the dot-com or 2008 bubbles, Peter insisted that this bubble will be bigger than those previous two bubbles combined:
When you hear people say, ‘Oh, it’s contained to manufacturing; it’s just an industrial recession.’ Yeah, it’s as contained as the mortgage problems were contained to subprime. Or if you remember, when the NASDAQ bubble burst – by 2001, the S&P and the Dow still hadn’t rolled over. [It wasn’t] contained to tech. It wasn’t contained then, and it’s not contained now. People are still in denial. These are enormous problems, both in the markets and the economy…"

In this short clip, Harry Dent & I both agree that a significant economic crisis is coming, but only those who are prepared will prosper. Thankfully, you, as one of our subscribers are among those who are aware of what is happening and what you need to do to come out ahead in the coming wealth transfer.

Sometimes a market in turmoil offers opportunity. Independent investment adviser Jayant Bhandari regularly sifts through bourses to find opportunities that maximize his reward for the least amount of risk. Bhandari […]

When gold finally breaks out of the Banks’ grip you won’t be able to chart its moves fast enough. It is being smothered by a blanket of undeliverable derivatives, and […]

There continues to be a lot of misinformation on the internet, even on the alternative media.  So, I thought I set the record straight. Yes, it’s true…. the facts show […]

In the “new normal” of rigged financial markets, much of the investment industry no longer cares all that much about performance. The name of the game is to simply collect as massive an asset […]

In a stunning development, the Comex Registered Silver inventories experienced a large one day decline Monday. 

Economists, stock pickers and financial analysts are eager to play the forecast game. Clients of these erudite soothsayers would like you to believe that their study of trends and markets […]

There is a populist idea of money printing. The idea is that banks can just print what they want, enriching themselves in a massive fraud. But, does it really work […]

Investors in US stocks may be forgiven a certain feeling of déjà vu.

The price of oil is collapsing.  It will soon be in the $20’s. Oil is the economy’s canary in the coal mine that the Fed can not remove before it […]

No doubt, many people were excited on Thursday to see a spike in the silver price. However, the silver market took back the entire price move, and more, in about […]

When the next financial crisis comes - the big banks could save themselves by stealing right out of your checking account. Banking expert Ellen Brown, Public Banking Institute/Web of Debt/The Public Bank Solution will explain how in tonight's Conversations with Great Minds.

In this MUST WATCH presentation from the Mines and Money Conference in London, Grant Williams lays out why the gold price is languishing despite a wealth of what would ordinarily be […]

What we are about to show you is undeniable evidence… silver is likely the most undervalued asset available to investors today.

HUGE intervention in the Yuan...

The world is facing a global margin call again. The great global unwind is HERE AND NOW...

In the weeks leading up to the Federal Reserve's interest rate hike announcement, almost every mainstream analyst and pundit was predicting doom and gloom for gold.
Everybody, that is, except Peter Schiff. He predicted good things for gold, and it's looking more and more like he nailed it.
Conventional wisdom was that a rise in interest rates would indicate the US economy has recovered and is continuing to improve. If this were true, gold would lose its appeal as a safe haven and investors would begin dumping the yellow metal, driving its price down.

Gold & Silver by the end of 2016? Kirby boldly says, "I think it could be many multiples of the price right now."