Precious metals news

Today we got a glimpse of what could be a global game changer...

A lot of mainstream analysts will tell you that hyperinflation and currency collapse can’t happen today in an established economy, and they discount warnings about the dollar’s future by people like Peter Schiff.
But one only needs to look to the south to see that it not only could happen, it is.
Venezuela was once the premier South American economy and enjoyed the highest standard of living in Latin America. But mismanagement and socialist policies drove the once prospering economy into the ground. Today, Venezuelans face rampant inflation, with the bolivar now practically worthless.
The Associated Press called it “economic chaos.”

Deirdre Bolton of Fox Business’ Risk and Reward asked Peter Schiff about the alternative investments he recommends for protecting yourself from a crash in US stocks. They discussed foreign markets and gold investment, and Peter laid out his forecast for what the Federal Reserve will do next. She smiled and called his prediction of more quantitative easing and ongoing zero-percent interest rates leading to a collapse of stocks and the US dollar “way out there.”

"We’re closing a record number of stores. We’re going to close a record number of malls. Vacancies are gonna be up. More chains are going bankrupt than I’ve ever seen. […]

No matter how many paper shorts have been piled onto Gold to suppress it price since 2011, including the latest COT report, no matter if all hope is gone; the […]

In the mind of an economic tyrant, banning cash represents the holy grail. Martin Armstrong is reporting on a SECRET MEETING in London with the aim of getting rid of any […]

Gold has been fairly volatile so far this year, seeing plenty of big daily surges and selloffs.  But with all these largely netting out to the sideways grind of recent […]

To avoid getting hassled by the state, don’t act nervous, but don’t act too calm either. Don’t stare straight ahead unless you’re on the telephone, in which case don’t look […]

You will never view US Taxation the same after listening to this 38 minute podcast.

Statistics have become very misleading: in particular we are being badly misled into believing that the US is teetering on the edge of price deflation, because the US official rate […]

On this Memorial Day Holiday weekend, we present Hat Trick Letter Editor Jim Willie uncut in a 2+ hour interview, discussing the SDR, the coming explosion in the price of […]

The results of the global bailouts and backstops are now clear for everyone to witness. The entire global economy is one gigantic ongoing crime scene.

Chinese leasing of gold into the market is not exactly what it seems...

There’s no B.S. like the BLS! The BLS’ distortion of the April data it reports is far greater and fraudulent that ANYONE is willing to admit, investigate or report.

If governments have proven anything to us over the last seven years, it is that they will do anything to keep the banks from going down.  If just 10% of […]

The big “buzz” over the weekend in the precious metals community was about the enormous short position in paper gold and silver taken by the bullion banks per the weekly […]

Today is options expiration at the COMEX and too many longs could have cashed in if gold was left over $1,200 and silver over $17. The ferocity of the early […]

Today was options expiration, and the banksters hammered gold and silver as expected...

Jason Burack and Eric Dubin are launching a new podcast with Market commentary shows 1-2 times per week! Help name the podcast and you could win 1 Silver Eagle for helping […]

Mises Weekends shared James Grant’s recent speech about his new book The Forgotten Depression. Mises Institute President Jeff Deist introduced Grant:
[His book] chronicles the so-called ‘forgotten depression’ of 1920 and 1921 under the then Warren G. Harding administration. The reason it’s called the forgotten depression is because it was mercifully short… The Federal government and the young-ish Federal Reserve did the opposite of what they did during the more recent 2008 crash, which is to say they applied real austerity. The Federal government cut spending, it balanced budgets, and the Fed allowed interest rates to rise. As a result, the depression of 1920 and 1921 is but a footnote in history…”