Precious metals news

Peter Schiff isn't the only one warning about a new tech bubble. Renowned businessman Mark Cuban just published a commentary that draws comparisons between today's unsustainable tech explosion and the last dot-com bubble. Only this time around, Cuban warns that the carnage of the pop will be worse.
Just as back then there were always people telling you their idea for a new website or about the public website they invested in, today people always have what essentially boils down to an app that they want you to invest in. But unlike back then when the dream of riches was from a public company, now it is from a private company. And therein lies the rub.”

Will March 6, 2015 end up being a SPECIAL DATE in Time for the USD, just as September 6, 2011 was for Gold? We will know soon enough; but the […]

The cost of renouncing your US Citizenship has gone parabolic...

In just one short year…the Ukrainian nation has been utterly hollowed out by the IMF and DC. The banker horsemen unleashed upon their populace continue to “up the ante” of their […]

Gold has been crushed below $1200- currently retesting the $1178 lows, and silver has been smashed to a $15 handle on this morning's BLS(BS) report which crushed expectations: 

If you happen to be a citizen of the US, Australia, or Japan, there’s a big, giant loophole in the Alien Business Law...

The following story should send shivers down the spines of all decent, law-abiding American citizens.

Soon after the inception of the Bretton Woods system in 1944 the US needed to suppress the price of gold because they printed far more dollars than they had gold to back it up. Finally the […]

“A lie told often enough becomes truth” – Vladimir Lenin. The Government-programmed mass financial media gleefully reported this morning that the “jobs recovery” continues as the Government is telling us […]

The media shamelessly went out of its way to pretend Ron Paul didn’t exist back in 2012. Are they about to do the same with his son Rand?

Apparently if you work for the US Federal Bureaucracy, even watching pornos on the job for 6 hours a day for the past 5 years can't get you fired...

Annaly Capital Management Inc.’s Wellington J. Denahan said she thinks central banks’ efforts to revitalize their economies may one day be seen as the 21st-century equivalent of the medical belief […]

Apple may consume up to 746 metric tonnes of gold per year in the production of its new luxury Apple watch, due for release in April.  This equates to roughly […]

The U.S. Mint just released its FY 2014 Annual Report and the total Dollar sales of Silver Eagles surpassed Gold Eagles by a wide margin.  Total sales of Silver Eagles […]

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The 4th largest bank in the Ukraine has gone belly up.  Meanwhile, Turkey’s lira plummets to record lows as their economy spins out of control.  We have a few important stories to […]

Mainstream analysts continue to tout an economic recovery based upon new jobs, but are now starting to worry about stagnant wage growth. One popular excuse for this is “pent-up wage deflation.” The argument goes that since businesses didn’t cut wages during the financial crisis, they are now refraining from raising them.
A new op-ed in the Washington Post debunks this theory and boils the issue down to the basics: the economy is still lousy. Matt O'Brien points to the same problems Peter Schiff has been warning about for years:
It's just the unemployment, stupid. Or maybe the underemployment. Between people who can't find the full-time jobs they want, people who haven't been able to find any jobs after looking for at least six months, and people who think things are so hopeless that they've given up looking for now, there are a lot more people than normal stuck on the margins of the labor force. And these ‘shadow unemployed,’ according to the Fed, exert just as much downward...

Economic commentator Jeremy Warner has published a new piece in which he argues that the world economy is overwhelmed with public and private debts. He believes one of the only ways out of this dire economic situation is some form of mass default across the globe. Warner writes:
You might have thought that a financial crisis as serious as that of the past seven years would have ended the world economy’s addiction to debt once and for all. It has not. If anything, the position has grown even worse since the collapse of Lehman Brothers…”
Warner looks first to Argentina as an example. President Cristina Fernandez de Kirchner claimed Argentina is the only country in the world to have reduced its debt.

De-dollarization is not only happening, but is close to reaching “escape velocity”. Obama and Poroshenko can plan fresh hostilities and the breaking of Minsk 2.0 all they want, but time […]

Lenovo Group, the largest computer manufacturer in the world, has made a rather stunning admission that they have been pre-installing tracking software on their PCs. The tracking software is made […]