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Precious metals news

As expected (and as Eric Dubin and The Doc discussed on this weekend's M&M), with options expiration now in the rearview mirror, and with the Greek debt crisis setting up […]
Does anyone on the Los Angeles City Council have a clue about what they have just done?
    Alasdair Macleod: Euro-Sclerosis
June 1, 2015
There appears to be little or nothing in the monetarists' handbook to enable them to assess the risk of a loss of confidence in the purchasing power of a paper […]
The first salvos in the war on cash have already fired:  e.g., bank account withdraw limits; rules put in place to block withdraws from money market accounts and other accounts […]
First treadmill accidents... now riding bikes into curbs? Who needs a 2nd American Revolution, perhaps patriotic Americans can simply pool together and send each member of the establishment a piece of […]
Nothing like bankster fear porn to start the week, as George Soros is warning we could be “on the threshold of a Third World War”...
    A Recession Within A Recession
June 1, 2015
Can you guess the last time that corporate profits declined for two quarters in a row? It was in 2008.
The recent string of suspicious banker deaths is no longer constrained entirely to mid level managers, as the President of American Express Ed Gilligan has been found dead on his plane […]
With new legislation introduced Friday, the fascists in DC are now coming after gun owners and the 2nd amendment from a brand new angle...
From a timing standpoint, Jim Sinclair is as adamant as I've ever seen. Now, RIGHT NOW... You MUST exit the system! You will not be afforded the opportunity if you are even one second […]
This market is now clearly overbought and vulnerable to a correction. However, it is not the whole story, because it appears that US imports of silver have accelerated in recent […]
The COT report for silver has me worried, and gold needs to avoid a drop below $1168.  If the drop occurs and buyers fail to appear, expect to see a […]
In this interview with Finance & Liberty's Elijah Johnson, Bo Polny explains why an EPIC SHORT SQUEEZE in gold and silver is dead ahead!
(This situation is) “a Ticking Time Bomb” Richard Fisher, (Former Fed Governor) (05/21/15)  “By suppressing Rates, The Fed has borrowed Growth and Returns from the Future.” Mohammed el Erian, 5/21/15 […]
With gold & silver hammered yet again on options expiration this week, The Doc & Eric Dubin break down all the trading action, discussing: Metals recover- Last chance to EVER […]
 We are entering a new phase.  The Chinese conversion to Gold bullion will be seen as a declaration of financial war. In 2006 my work warned that China will move […]
The great endeavor of investing can be distilled down into four simple words, buy low sell high.  They are so basic, so resoundingly clear, that even a child can understand […]
Austria confirms that it will repatriated 140 tonnes of gold over the next 5 years from the Bank of England.  They have also confirmed lack of confidence in the B. […]
    This Month in Gold – May 2015
May 29, 2015
Austria Repatriating Some Gold from Britain Reuters – Austrian central bank officials say they plan to repatriate some of its gold reserves from Great Britain in response to criticism that it stores too much of its precious metal abroad. The Austrian National Bank administers the country’s 280 metric tons of gold reserves. Currently, about 80% is stored in Britain. Bank officials say they plan to decrease that to around 30%, with 50% of the reserves kept in Austria. The country also stores gold in Switzerland. This repatriation is part of a larger European trend beginning with Germany, which brought home 120 tons of gold from New York and Paris in 2014. Read Full Article>>
Gold Smuggling in India at All-Time High Times of India – Gold smuggling hit an all-time high in India this year, with police and revenue agencies seizing more than 3,500 kg of gold in 2014-15. In 2012-13, agents only seized 350 kg gold. It’s generally thought that seizures represent less than 10% of act...
CNBC spoke with Peter Schiff last night about his expectations for today’s first quarter GDP announcement. They went on to discuss why no matter what the GDP is, the Federal Reserve will be unable to significantly raise interest rates this year. In a second segment, they spoke about the growth of China’s economy. Peter argues that long-term investors should be bailing on the US and buying into the budding Asian market.
Follow along with full transcripts of both videos below.