Precious metals news

Must be nice to be above the law...

Silver could surprise investors to the upside in 2015, Current prices & long term outlook points to another great entry point.

My solution to the coming global economic collapse is to convert ALL YOUR PAPER MONEY and any you can get your hands on any way you can, into physical silver […]

If your home government is totally bankrupt, don’t keep all of your assets there... Ask yourself: Where do you think this is going? Do you really think your home country […]

The silver market is broken and has been broken for a long, long time.  It is silver derivatives and computer trading models introduced in the 1970's that really started to […]

I warned yesterday it was going to happen…and it happened... "My guess is they pop the silver Large Specs out of their shorts then force price down with a gold short covering […]

Saudi Arabia is not trying to crush U.S. shale plays. Its oil-price war is with the investment banks and the stupid money they directed to fund the plays:

Precious metals had their best day since January yesterday as the price of gold and silver rose substantially. Gold rose over 2% and is now back above the important $1,200 […]

Just within the past few days, one of the most dangerous volcanoes in Chile erupted for the first time in 42 years and the nation of Nepal was hit by […]

On Saturday night, the city of Baltimore resembled a warzone as protests over the death of Freddie Gray turned wildly violent.  One eyewitness reported watching the streets around him and […]

Today is options expiry on the COMEX.  On Thursday we will have options expiry on the LBMA in London and on the OTC market as well.  Today was a welcomed […]

Peter Schiff has argued for years that government inflation data in the United States is bogus. The Federal Reserve and financial media focus on a broader measurement of inflation that overlooks the significant increases in the cost of living for most Americans. What's more, the way this inflation is measured has changed dramatically over the years, further divorcing it from reality.
John Williams’ Shadow Stats is one of the best places to find a more realistic picture of US inflation. He uses a more accurate method from 1980 of calculating inflation in the Consumer Price Index.
Casey Research worked with Shadow Stats to chart the price of gold in inflation-adjusted dollars based upon 1980 calculations. The results are striking:

In the second part of his interview with the Daily Bell, Peter Schiff discusses the economic dilemmas of Greece and the eurozone. He warns that the United States faces the same moral hazard of massive public debts that will be impossible to repay. Peter believes the Federal Reserve and American government will resort to currency inflation to deal with these debts.
Daily Bell asks Peter for the best strategy to protect one’s savings and investments from a US dollar currency crisis. Peter recommends physical precious metals and careful investments abroad. Read the first part of the interview here.

JP Morgan certainly seems to be preparing for a worst-case scenario. What about you? Are you getting ready for what is coming?

And you thought Cypriots received a haircut...

The presentation is backed up by statistics that have Lombardi concluding that Gold prices will rise in 2015 & 2016 as a classic supply/demand imbalance takes hold in the Gold market.

Do the Greeks have the guts to actually pull the trigger?

For a Silverbug planning the next family getaway, this Mexican town just might be your Dream Vacation...

With China leaking rumors that QE is likely imminent this morning, it appears the shorts have been caught naked and are now in a covering panic, as gold and silver […]

A Florida citizen, apparently annoyed for having been pulled over for a similar infraction, went ahead and pulled over a local police officer for excessive speeding with a broken headlight. He videotaped the […]