Precious metals news

In his latest MUST LISTEN interview, Hat Trick Letter editor Jim Willie breaks down the geopolitical chess moves ahead of SYSTEMIC FINANCIAL COLLAPSE. 

Our way of life is about to change FOREVER...

What if China sells just a relatively small amount of U.S. Treasuries ...and uses that capital to bid for every ounce of gold the West has to offer? Can the […]

If something happens during the first week of November, a lot of people are going to be asking some very hard questions.

Gold-backed exchange-traded funds (ETFs) generally follow the price of gold. As a result, they have been underperforming relative to the general stock market this year.
For instance, SPDR Gold Trust (GLD) lost about 28.3% of its value in 2013, fell another 2.2% in 2014 and yet another 3.8% so far this year. It was recently trading at $109.72 per share.
ETFs are backed by physical gold held by the issuer, and are traded on the market like stocks. They allow investors to play gold without having to buy full ounces of gold at spot price. Since their purchase is just a number in a computer, they can trade their investment into another stock or cash pretty much whenever they want, even multiple times in the same day. Many speculative investors appreciate this liquidity.
There are also gold mining ETFs that track the value of gold mining companies and also generally follow the price of gold. These are very popular with speculative commodity investors and some of the most popul...

This year, 64 percent of all Americans will celebrate Halloween, but I will not be one of them...  

In this episode on the reality of silver prices, we take a deep-dive on Silver and the Fiduciary Standard Of Care - the rules technical traders must follow to protect […]

Glencore is a commodities-based debt and derivatives roach motel.  I would not be surprised if a lot of funds/banks with long-side exposure to Glencore credit default swaps –as in, Deutsche […]

Negative Interest Rate Policies or NIRP are almost a sure bet in the US and worldwide.  Corporations and banks who now get ZIRP will be paid to take money and buy up their own […]

The Donald responded to a Fox Business inquiry this week to his thoughts on gold that "Gold used to be something I used to like, but I have not bought […]

If you want to understand the Debt Ceiling debate...you NEED to understand this. Full video link:

“The music is still playing, so we’re still dancing.”  For now, investors are still dancing to the music of central bankers globally.  If this behavioral shift I'm looking for actually […]

Simply telling savers and all on fixed incomes that the beatings will continue until morale improves is not the way to run a functional banking system.

Given the confluence of still elevated geopolitical, systemic and monetary risks,  we are bullish as we enter the seasonal ‘sweet spot’ for gold in the November, December, January and February […]

Bill Holter joins the SGTReport for this late October precious metals and global economic implosion update: “The money worldwide is FAKE.  Gold is, has been and always will be REAL […]

Over the past 30 days, major floods have hit the east coast, the west coast and now the middle part of the country.  So why is this happening?  Why is […]

Today, we had the open interest in silver rose by an astounding 6281 contracts up to 176,038  as silver was up 43 cents with respect to Wednesday’s trading.   The total OI for gold […]

Get ready.  All the controversy that has just swept over Europe with migrant refugees is now coming to America...

Ernie Hancock of Declare Your Independence interviewed Peter Schiff about the tragic death of his father, Irwin. They discussed Irwin Schiff’s legacy and his influence on Peter’s understanding of economics. Peter has chosen to promote his father’s principles by educating the public about how to avoid the US government’s most insidious tax – not the income tax, but the inflation tax that comes from the destruction of the dollar’s purchasing power. One of the best ways to protect your hard-earned savings? Buy physical gold and silver.
I’m trying to do the best that I can to help Americans protect themselves agains that tax. My father was trying to get people to not pay the income tax. Well, this inflation tax is going to be worse, because it’s going to hit your principal – not just what you earn, but everything you have. If you don’t want to lose what you have, you have to take action now…"

Investors and central banks around the world are buying gold.
Overall worldwide demand for the yellow metal surged during the third quarter. According to a Reuters report, demand for gold coins and gold bars, along with buying by central banks, drove a 7% Q3 increase.
Demand for gold coins and bars jumped by 26% year-on-year in the last quarter, GFMS analysts at Thomson Reuters reported in the Q3 update of their Gold Survey 2015. Retail investment surged in top consumers India, China and Germany, with buying rising 30%, 26% and 19% respectively. Those three markets alone accounted for an additional 26 tons of retail buying.”