Precious metals news

The World Gold Council has released a fascinating new report on Turkish gold demand and gold culture. Many gold investors are aware that China and India have been the top gold consumers in the world, but Turkey has a thriving gold economy as well. In fact, Turkey is the world’s 4th largest gold consumer, and in many ways, gold is even more integrated into the Turkish economy.

The World Economic Forum’s meeting in Davos ended this past weekend, and much of the mainstream news focused on the hypocrisy of the world’s wealthiest individuals discussing the plight of the global economy. Research released by Oxfam in the middle of the conference shows that the richest 1% own 48% of the world’s wealth. Politicians love broad statistics like this, which they can use to justify more government “solutions” to this inequality.
However, it’s these same successful (and rich) businessmen who are sounding the alarms about the destructive policies of global central banks. These monetary policies are the single biggest contributor to income inequality, because they enrich the financial elite while destroying the economic fundamentals that allow the lower and middle classes to prosper. Renowned business magnate George Soros made the news at Davos when he stated the obvious:

A jury found CIA whistleblower Jeffrey Sterling is guilty of all charges against him, according to RT’s Manuel Rapalo at the Virginia courthouse. The government accused Sterling of illegally revealing […]

US-based credit rating agency Standard & Poor’s has cut Russia’s sovereign rating to BBB-, leaving it below investment grade for the first time in a decade.   Moscow termed the […]

It's amazing to think the dollar is being discarded around the world considering the recent “strength” of the dollar index. But don’t forget that the commonly referenced measurement of the […]

Radical leftists have been catapulted to power in Greece, and that means that the European financial crisis has just entered a dangerous new phase.  Syriza, which is actually an acronym […]

The crushing victory of the Greek opposition party Syriza in yesterday’s Greek elections has added to jitters in already jittery financial and foreign exchange markets. Syriza leader Alexis Tsipras promised […]

TND News Round-up: Zooming in on some of the better "tweets" hitting Twitter.  If the "tweets" fail to load, hit the circular arrow on your browser to reload the browser. […]

With 88% of the vote in, Syriza has won the Greek elections with 36.3% of total vote.  Tsipras has begun his address, and advised that the "Troika Eria is Over […]

Gold surged this week on massive buying from stock investors and speculators.  This critical group of traders and their vast pools of capital utterly abandoned gold in the past couple […]

The newest shot was just fired in the ongoing currency war.  Yes, Mr. Draghi, feeling left out of all the “QE games” for years, has finally acquired his “monetary bazooka” license! Riddle me […]

Friday we witnessed another rout in the Euro.  At one time early this morning it was trading in the 1.11 handle.  It closed at 1.1201.  The latest polls indicate that the […]

With the new year now in full swing, Silver is one of the top performing commodities in 2015.  After falling over 71% from its high of $49.82 in April […]

We were using only 20x leverage and you tell me it's all gone!?! But we had stop losses in place!!!

In the wake of the Swiss National Bank shocking the market this week de-pegging the CHF from the Euro, the Golden Jackass Jim Willie joined us over the weekend for an […]

In the second part of this MUST LISTEN 2 part interview with Finance and Liberty, Hat Trick Letter Editor Jim Willie continues his shocking analysis that points to a dollar […]

In this MUST WATCH Bloomberg interview, Peter Schiff warns that China is poised to follow in the footsteps of the Swiss National Bank, and ditch the dollar peg- resulting in […]

Over the coming months, I believe we could see an economic meltdown at least six times the size of the 2007 sub-prime mortgage meltdown. Circumstances lead me to believe it […]

"The Real Crises here is that were in a Sovereign Debt Bubble, This Is Global"

Peter Schiff gets a bit riled up in his latest podcast while responding to Obama’s State of the Union Address. Of course, Peter has good cause to get upset as he picks apart the outright lies in Obama’s speech, including Obama's claim that he has reduced America’s debt and that the middle class lifestyle is better off thanks to big government.