Precious metals news

Both gold and silver are now below their 50 MA as well as their 9 EMA; short and medium term bearish. Gold needs a close above that 9 EMA as […]

The US stock markets’ latest record highs have left traders exceedingly euphoric and complacent.  They are utterly convinced this stock bull will power higher for years to come.  But their […]

What you are about to read from CNN is just the very beginning of the intentional demonization of a growing segment of the U.S. population that rightly believes the government […]

Renowned hedge fund manager John Paulson is committed to gold. A new government filing from Paulson & Co. shows that as of December 31st, it remains the largest holder in the SPDR Gold Trust (GLD). It owns 10.33 million shares of GLD, the biggest gold exchange-traded fund in the world. Paulson’s company has maintained this stake for a year and a half.
Gold-backed ETFs saw nearly 70 tons of gold inflows in January, the largest since September 2012. The majority of that – 49 million tons – occurred in GLD. However, speculative interest in the metal has dropped again in February, and GLD has fallen more than 8% from its January high.
Speculators think the January surge in the gold price was a short-term reaction to volatility in Europe, and many investors are now placing their bets on the supposed economic recovery of the United States. Paulson seems to be looking at things differently and sees inflation looming in America's future.

Eric Sprott, the well-known billionaire asset manager, believes that investors need to buy gold and silver to protect themselves from the increasingly volatile currency markets. Last year, 84% of the world's population would have made money owning gold. Sprott puts his money where his mouth is, claiming that 80% of his assets are in precious metals.
Since this January interview, the gold price has fallen in US dollars. However, Sprott is focused on the long-term picture of how the radical monetary policies of global central banks will damage the global economy. With banking policies like negative interest rates and massive money printing, the world is experiencing a completely new financial landscape. When paired with the fact that gold demand seems to be exceeding supply, he expects to see gold-backed currencies within the next decade.

Wal-Mart announced yesterday that it is going to raise its minimum wage to $9 an hour, which will affect a half-million employees. Many are praising the company and saying this will improve the lives of low-wage workers, while also providing a boost to the American economy. However, Peter Schiff isn’t so optimistic. He explained to Yahoo! Finance why Wal-Mart’s minimum wage increase isn’t necessarily a net positive for the economy.
The wage increase will cost Wal-Mart about $1 billion this year. Who knows if Wal-Mart will pass along the cost of higher wages to its customers by raising prices? More importantly, Wal-Mart will probably cut back on hiring, which means low-income Americans will have that much more difficulty finding a job.

Resistance to Banker Rule Spreads...

The most popular movie in America is about bondage, sexual domination and violent sex.  Fifty Shades of Grey, the best-selling novel about a sexually abusive relationship between an extremely wealthy […]

The U.S. and West are in serious financial danger as the highly leveraged debt-based fiat monetary system becomes weaker each passing day. You wouldn’t know this was the case by […]

In this excellent interview with Finance & Liberty's Elijah Johnson, Silver Guru David Morgan provides an updated outlook on gold and silver, & discusses how the global currency war will […]

Silver and gold, at current prices, are an excellent investment, but more importantly, they are insurance and protection against the probability that our financial system will “go critical” as a […]

The omniscient Doug Casey has rather strident views about gold manipulation.  In a recent interview he declared, "The government doesn't care about gold. ... They don't care about its price, […]

Already on the "avoid" list for many gold investors and traders, the latest from Canadian metals dealer Kitco will leaving you shaking your head in disbelief.

Will we know this time tomorrow evening whether we will see a GREXIT along with all of the derivatives fallout? 

If Marshall Swing is correct, the country that emerges from the coming global financial collapse & introduces a new gold backed currency might not be who you think...

In his new Gold Videocast, Peter Schiff explained how Obamacare has created a “job-sharing” economy that is skewing the government’s employment data. As he put it:
Obamacare forces employers to provide insurance for full-time employees. As a result, employers are hiring more part-time workers than they normally would and that is substantially influencing these numbers… [Suppose an employer] cuts [two full-time workers’] hours back to 10 hours a week and then he actually hires two more guys. So now he has four guys working 40 hours instead of two guys working 80 hours. He’s cut the hours in half but doubled his workforce. According to the government, he’s just created two jobs even though he has four people sharing one job.”

The dollar dropped while gold rose early this morning as the markets reacted to the release of the Federal Reserve’s minutes from its January meeting. The minutes show that Fed officials are more worried about raising interest rates than most of the markets thought. In fact, there was even talk of easing their monetary policy even further. Quoting from the minutes:
A few (members) expressed concern that in some circumstances the public could come to question the credibility of the Committee's 2 percent goal… Indeed, one participant recommended that, in light of the outlook for inflation, the Committee consider ways to use its tools to provide more, not less, accommodation.”

Every day now, there are fresh news stories about Christians being slaughtered by ISIS in the Middle East. So where is the outrage from the White House?  Where is the […]

The Russian activities can be seen as part of an all-out financial war between Russia and the West as best described by Putin’s economic advisor Sergei Glazyev in a recent […]

In China, people don’t conflate love of country with love of government. This is why so many Chinese already bank abroad, have their businesses structured overseas, and have established residencies […]