Precious metals news

The US Justice Department has begun to investigate whether 10 of the world’s largest banks have manipulated gold and silver prices. The Justice Department is just the latest in a series of financial regulators to investigate possibilities of precious metals manipulation, including the UK Financial Conduct Authority, Germany’s BaFin, and Switzerland’s competition commission WEKO. On top of that, there are a number of pending civil lawsuits in New York against some of these same banks for gold price rigging.
What should physical gold and silver investors take away from this news?

When the Dollar finally goes down in history as another failed FIAT CURRENCY, wealth will come by how many ounces of silver you own… not paper.  Since 2005, precious metals […]

A remarkable report on The Austrian State Gold from the Austrian Federal Court (ÖBRH) has apparently just revealed that as of 2009, 56% of Austria's gold reserves "held" at the Bank of England […]

The mainstream media in the U.S. is being very quiet about this, but the truth is that the U.S.-backed government in Kiev is starting to lose the civil war. The […]

Who knows what the earnings are. They’re like the statistics published by the U.S. Government. They’re probably all doctored. So maybe on a normalized basis the S&P 500 p/e is […]

This chart is screaming GET OUT NOW!  

As you will see below, Hilary Clinton spent much of her time AS Secretary of State lobbying overseas for the economic interests of behemoth corporations from ExxonMobil to Boeing; and from GE […]

The Fed/big banks continue their all-encompassing intervention in all the financial markets.   It gets more blatantly obvious by the day. How about two closed in a row on the […]

Below is a nice snapshot of the latest COT report for gold.  The commercial traders (banks) have been sizable buyers of gold, into the current price decline. It appears they are betting […]

Will an interest rate hike crash gold? In the interview below David Morgan breaks down the impact Fed rate hikes are likely to have on gold. Is the gold market […]

The Wall Street Journal reports this evening that “prosecutors in the Justice Department’s antitrust division are scrutinizing the price-setting process for gold, silver, platinum and palladium in London, while the Commodities […]

The banksters favorite time of the month is right around the corner...

The Dow and S&P 500 once again closed at record highs last Friday, and investors continue to be bullish on the American economy. Nobel Prize-winning economist Robert Shiller sees things differently and has been warning of market bubbles.
A bubble is a social epidemic of enthusiasm and excitement spread by word of mouth, attracting more and more investors into a market.”
In the new edition of his book Irrational Exuberance, Shiller argues that many traditional investment assets are now driven by investor psychology rather than fundamental realties. From housing to stocks to bonds, Shiller sees the American economy entering a new era in which traditional investment approaches need to be reconsidered.

You’ve been warned: Big Barbie is Watching You:

Is this the beginning of the end for the Eurozone?  On Thursday, Germany rejected a Greek request for a six-month loan extension.  The Greek government will run out of money […]

The lie is coming to an end.   The freight train with no brakes is headed toward the cliff. This is why they are desperately trying to keep a lid […]

If the price of gold is determined by physical supply and demand of gold we are supposed to believe that since April 2013 (see chart below) there has been far […]

The largest source of exported physical goods is China. Demand from other countries for China’s goods is declining, confirmed by the Baltic Dry Index* which is plumbing new lows. This […]

The Euro zone raised its gold holdings by 7.437 tonnes to 10,791.885 tonnes in January, International Monetary Fund data released overnight showed.

A Monopoly No More! This week we take a razor sharp look at the checkered and troubled past of the world’s premiere international wire transfer system for banks: SWIFT. We examine […]