Precious metals news

“So far, many jobs have been protected simply because humans are cheaper than machines.” But not anymore. Robots are poised to kill jobs in every sector.

Harry Dent now believes gold will fall to a minimum $700 and probably to the $250-400 range. Dent is both dangerous (to your financial well being) and delusional...

In the past 30 days, we have seen some of the biggest steps toward a one world government, a one world economy and a one world religion that we have […]

The world's second biggest platinum producer Russia is actively developing platinum deposits in Zimbabwe, OilPrice.com reports. Moscow's stake in the third biggest player could lead to Russian dominance of the […]

When the Fed loses control of its ability to keep the stock market propped up – which will happen sooner or later – the pension fund collapse in this country […]

As financial engineering fails, however, from QE to share buybacks, the imperial power erodes. In the second half, Max interviews Dmitry Orlov of ClubOrlov.blogspot.com

This basically qualifies as extortion...

Obama is ultimately bullish for gold and silver.  His erratic and often incompetent decision -making can only cause both PMs to rally.   Here is part of the reason why:

Silver looks like it has bottomed and will move substantially higher. Why?

Recent research  has begun to cast some doubt upon the inflation hedging capacity of gold.

TO Russia, With Love...

There is a war, a currency war, and the war is, ultimately, on us.

We may soon see a snowball effect that will lead to uncontrollable hyperinflation and an unprecedented monetary event.

Marc discusses Gold and where he senses

Axel Merk spoke with Greg Hunter of USAWatchdog about his reasons for buying gold. For Merk, it comes down to two things. First, the Federal Reserve and other central banks have trapped themselves – real interest rates need to remain near zero or negative. Second, basic valuations are way overextended – US stocks and the dollar are both due for painful corrections.
The dollar isn’t has healthy as it used to be. The story line had been that rates are going to go through the roof, because everything is fantastic in the US and everywhere else is going to go to hell. The real world is more tones of grey. In that sort of environment, the dollar, just like the stock market, is way over extended…"

The reason the current situation is so concerning, is because we aren’t in the nadir of an economic cycle at the moment.  In contrast, we are constantly told how good things […]

Standard Chartered, HSBC, Credit Suisse & a host of others are laying off staff. Banks again need to raise massive capital.

So a kilo of gold is worth 712 x 1.7MWh, or... One Point Twenty One Gigawatts!!!!

Fascism: You have two cows. The government takes both and shoots you...