Precious metals news

What is Going First???

Today’s news is a historic milestone. The dollar’s days are numbered, and the new global economic order is shifting into place.

After months of speculation, the Chinese yuan is now officially part of the International Monetary Fund’s benchmark currency basket, elevating it to reserve currency status.
Chinese monetary policy has focused on gaining entry into this elite club for the last year or so. With its membership safely secure, it raises an interesting question.
What's next?
The IMF announced the yuan’s inclusion in the Special Drawing Rights (SDR) basket Monday. The New York Times called it a “milestone decision,” underscoring the significance of the move in terms China’s growing power on the world economic stage:

And what will the implications be?

THE COMEX GOLD: 24.41 TONNES OF GOLD STANDING FOR DECEMBER DELIVERY AGAINST ONLY 4.189 TONNES OF DEALER GOLD...

TO Russia, With Love...

Negative interest rates are coming.  Here’s how to hedge the massive risks in the banking system:

“Department stores half-empty when they should be packed and a Christmas market on the prestigious Champs-Elysees avenue where vendors outnumber the visitors — the attacks on Paris are having a […]

Never before in history have all the governments of the world laid down the foundation for the perfect economic storm. And in this just-released presentation from Mike Maloney, you

Everyone knows you can't eat gold...

Conclusive proof a market crash bigger than 1929 is coming. There are 4 unmistakable signals a financial crisis of epic proportions is headed straight toward us. And to walk you […]

Sales of American Silver Eagles set a new all-time record today...

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.
To hike or not to hike? That is the question.
Indeed, that has been the question for what seems like an eternity. But the question of whether or not the Federal Reserve is going to raise interest rates in December misses the point. The truth is, the Federal Reserve is damned if it does and damned if it doesn't.
The “rate hike hype” began nearly three years ago. We’ve experienced almost 36 months of wishy washy, back and forth, pseudo-scientific attempts to decipher increasingly vague and non-conclusive Fed minutes as to when, how much, and what kind of rate hike we can expect.
You don’t have to be a professional economist to recognize the Fed policy as a stall tactic. Peter Schiff has called them out on this point time and again, showing that if they really wanted to raise rates, t...

You probably think of eBay as a good place to snag a deal on electronic gadgets, musical instruments, or sporting goods. But increasingly people are logging onto the auction site to buy gold and silver.

EBay officials told CNBC the company is touting its global user base of 150 million people to reach non-traditional buyers. With so many people entering the market for precious metals, buyers should beware. The strong demand creates a breeding ground for scammers. In fact, eBay is apparently using the demand for gold and silver bullion to peddle collectibles.

This will not end well…

Can you Feel it?

What would the world do if it realized the truth – that ISIS is the creation of Western forces?

Commercial-scale oil smuggling from Islamic State controlled territory into Turkey must be stopped, says Putin:

The most recent data from Swiss customs points out there were 29 tonnes of gold shipped directly to China mainland in October, up 34 % m/m...

Is the State of Turkey behind ISIS??...