Precious metals news

You ain't seen nothing yet...

A Hong Kong lawmaker said Sunday he believes Chinese security officers kidnapped five publishing company employees who have gone missing in the city, possibly because of a planned book about […]

In this day and age it seems like almost everything is disposable, and many employers have found that they can make a lot more money if they have a workforce […]

The youngest generation of adults are delayed in starting their lives and becoming real grown-ups because the opportunity to own and advance has been destroyed.

The decline of middle class capital is partly self-inflicted. Conventional explorations of why the middle class is shrinking focus on economic issues such as the decline of unions and manufacturing, […]

Since my last report we had a 3.57 tonnes withdrawal in gold inventory at the GLD.  Thus the inventory rests tonight at 642.37 tonnes. The appetite for gold coming from […]

One of the most important fundamental events of 2016 in the gold market is the launch of the Shanghai Gold Exchange (SGE) gold benchmark. The launch could occur in April, […]

Manipulated markets exhibit patterns. Notice that gold’s move Monday came in two primary waves higher at the COMEX.  It was only when silver was attacked that the cartel regained control of […]

Political correctness is officially out of control in New York City...

The S&P's Downside Outweighs it's Upside

apathy will shortly turn to enthusiasm - which will expose the rift between paper prices set in NY & the structural changes undergone in the physical markets

Ever wonder why exactly the government hates gold so much?  Fund Manager Dave Kranzler explains...

there can't be much more accommodation, "The Fed is a giant weapon that has no ammunition left

From Greg Hunter:  One of Holter’s 2016 predictions is for a market crash—a big one. Holter contends, “I think you are going to see a closure of the system. Walmart […]

Most investors & central bankers find themselves between a rock and a hard place to start 2016. The Fed finally raised rates in December, but mainly in the interest of preserving credibility.

Wash, rinse, repeat.  Just like the big housing/mortgage bubble, the current echo bubble is sitting on top of a foundation of financial dynamite.   The fuses have been lit. It’s not […]

On Kitco News yesterday, Peter Schiff put the past three years of falling gold prices in perspective. He emphasized that gold’s recent performance should be considered in the larger picture of a gold bull market that began in 1999. It has simply been investor assumptions and speculation about an improving economy that allowed gold’s correction to drag on this long. When investors realize in the coming year that the Federal Reserve is going to have to stimulate the economy again, then gold will begin the most dramatic up-leg of this long-term bull market. Click here to view Peter’s 5-year gold price forecast.
Rather than delivering the rate hikes that everybody expects, I think we’re going to get rate cuts and another round of quantitative easing that will be even bigger than the prior three. I think gold is set up for another spectacular rally. I think it’s going to see new highs. I think the biggest leg of this gold bull market – which really began in 1999 with gold below $300 ...

The Silver Institute has released its December issue of Silver News. This edition spotlights falling silver supply and soaring silver bullion coin demand.
Total silver supply is forecast to fall to 1,014.4 million ounces in 2015, down 3% from the previous year. At the same time, silver bullion coin sales reached a fresh record high in the third quarter of this year, totaling 32.9 million ounces, and were up 95% year-on-year for the quarter, according to the recent press release Interim Silver Market Review, which included provisional supply and demand forecasts for 2015."
Flat mine production and a 5% dip in scrap silver returns are driving the declining silver supply, according to the report.

Watch this flashback video to hear me explain all the irregularities that made the low prices very perplexing.

Now the fundamentals point to a turn around for gold & silver prices & we are not alone in this thinking. Watch this short clip to find out if 2016 could be a break out year for gold and silver.