Precious metals news

Gold is off to a great start in 2015.   The daily gold chart looks superb! Gold is arguably already fundamentally stronger and more stable now, than at any point […]

Peter Schiff reviews the most recent United States economic data and the reaction of the foreign exchange markets in his latest podcast. We’re seeing some of the worst economic numbers since the Great Recession, so will the Federal Reserve really raise rates this year? Peter also discusses the propaganda surrounding Standard & Poor’s settlement with the US government, as well as the latest news out of Greece.

Jim Clifton of Gallup, CEO of one of the largest public polling companies in the world, has published a severe indictment of the official unemployment data reported by the United States Department of Labor. Obama and Wall Street cite the 5.6% unemployment rate as a triumph of the American economic recovery, while conveniently ignoring the raw data behind that number.
There's no other way to say this. The official unemployment rate, which cruelly overlooks the suffering of the long-term and often permanently unemployed as well as the depressingly underemployed, amounts to a Big Lie.”

In his latest commentary from Euro Pacific Capital, Peter Schiff delves into the repercussions of the political and economic drama playing out in Greece. Peter explains why the newly elected Greek government feels it holds a position of power as a debtor nation in today’s upside down economic climate. Peter also draws similarities between the smug bravado of the new Greek finance minister and President Obama’s latest budget and monetary policy. What will happen when it becomes clear to the world that the United States cannot repay its debts?

Sometime last year, a friend introduced me to the Waze App, which Google had purchased for $966 million in 2013. I immediately thought the concept was awesome, particularly the feature that […]

You're taxed to death as it is, are you going to sit there unprepared and let official criminals steal another 40% of your wealth from your loved ones when you […]

Withdrawals from the vaults of the Shanghai Gold Exchange (SGE)accounted for an incredible 70 metric tonnes in week 2 of 2015 (12 – 16 January) . Aggregated withdrawals in the […]

With just three slides and 5 minutes and 44 seconds, Tim Price breaks down everything that’s wrong with the markets... and with the conventional investing mentality that most investors cling […]

Overnight,  just after taking-off from Taipei, TransAsia Flight GE235 with 58 on board crash landed, clipping a bridge and crashing violently into Taiwan's Keelung river. Amazingly according to reports, all but 2 of the […]

Marc Faber warned over the weekend that 2015 may be the year that investors will lose confidence in central banks and that investors will “suddenly realize what a scam that central […]

The big story today is the fact that we are back to square one with the Greek situation as Germany considers the Greek proposals on debt reduction, “half baked”.  Three […]

The London Gold Fix is a nearly 100-year-old price-setting system for the international price of gold. Beginning in March, one or more Chinese banks may be included in the pool of fix participants for the first time ever.

According to USGS, U.S. gold production declined 11% in October compared to same month last year. This was due to lower seasonal production in Alaska and lower grades at Rio […]

A lot of ultra-rich people are quietly preparing to “bug out” when the time comes.  They are buying survival properties, they are buying farms in far away countries and they […]

It started happening last year. In his 2014 State of the Union address, President Obama announced his MyRA program. MyRA is basically an IRA that invests directly in… you guessed […]

An entire cottage industry (of standing in line all day for basic essentials) now exists in Venezuela because of destructive government polices. Venezuela’s government is now on the brink of […]

The Fix is in...

Israel and Hezbollah are at war.  On top of everything else that is going on in the world, now we have a new war in the Middle East, and nobody […]

Here is a flashback to Mike Maloney's speech at the 2010 Russian Banking Conference in Sochi, Russia. Although the predicted move in oil took longer than anticipated, it has played out nonetheless.