Precious metals news

‘Muppet’ has become the derogatory term the smart money uses for the retail investor.  The Jamie Dimons of the world are all just looking for that opportunity to buy low and […]

With hundreds still stranded over 20,000 ft up on Mt Everest after yesterday's devastating Nepal earthquake, dramatic video footage of the quake-induced avalanche that took the lives of 17 (and […]

In the 2nd part of a stunning 2 part interview, Hat Trick Letter Editor Jim Willie discusses the financial sector consequences of the collapse in oil: We're seeing a rampant, […]

Those who lived through the last two speculative blow-off tops know the impossibility of predicting the final top. How can we tell if stocks are in the final blow-off stage […]

With the last remaining company finally releasing their year-end results, my top primary silver miners lost a combined $1.9 billion in net income in 2014.  While two-thirds of the group […]

Over the last several years, the Fed has engaged in the most extraordinary program of expanding its balance sheet. They’ve essentially conjured new dollars (notes) out of thin air and […]

Despite MASSIVE physical demand from China & India, Gold prices are languishing at all time inflation adjusted lows:

In 2013, we witnessed the most volcanic eruptions worldwide that we had ever seen in a single year, and 2015 is already threatening to be another one for the record […]

Shocking video has emerged showing Ukrainian neo-nazi militia fighters carrying out an ISIS-style execution during which they nail a separatist rebel to a cross and then burn him alive. WARNING: […]

Wondering why metals are crashing again? Hat Trick Letter Jim Willie just might have the answer. In this MUST LISTEN interview with Finance & Liberty's Jim Willie, The Golden Jackass explains how […]

*Warning: The following video may cause bouts of disorientation and confusion to the American viewer due to the bizarre and unusual display of compassion and humanity by police officers, as well as […]

There is an underlying argument that quantitative easing is not working, and zero interest rates are not preventing deflation. That being the case, there are many fund managers who are […]

Gold and silver just look weak right now.  Silver might be ready to put in a low based on Friday's price action, but we're not as sure about gold...

This song goes out to the bank with the big ole gigantic naked silver short...

If you are a Bible-believing Christian, there is no place for you in Barack Obama’s version of the U.S. military. 

Monday 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. The bankers ALWAYS whack the […]

Should we be surprised that Hillary Clinton has come up with perhaps the worst presidential campaign logo in American history? 

With conditions in parts of California now reportedly ‘Like A Third-World Country’, the looming water crisis could soon spark the greatest migration out of the state that we have ever […]

Jim Cramer raised a great point on Mad Money this week. You wouldn’t own a house or a car without the proper insurance. So why would you have a portfolio of investments without insurance? Gold is that insurance – the only asset that is guaranteed to minimize the downside risks when there is economic or geopolitical uncertainty. When all other assets are crashing, the price of gold generally rises.
The only area where Cramer is a bit off-base is in dismissing physical gold. He recommends owning GLD, the largest gold exchange-traded fund, which generally moves closely in-line with the price of gold. The problem with GLD is that while it is supposedly “physically backed,” investors cannot redeem their holdings of GLD for actual physical gold. On top of that, the gold held by the GLD Trust doesn’t have to be insured.
GLD allows investors to cheaply invest in the price of gold, but to truly insure your portfolio, you want to own physical bullion.

News broke this week that China may soon announce a major increase in its gold reserves in order to convince the IMF that the yuan should be included in the Special Drawing Right basket of currencies.
Jim Rickards, an expert on geoeconomics, believes the yuan’s inclusion in the SDR is inevitable and will go into effect at the beginning of 2016. In an interview on CNBC, Rickards explains the politics behind this move, and why the United States is being pressured to allow it. It comes down to the US wanting to maintain the dollar-yuan currency peg, which Peter Schiff discussed the importance of back in January.