Precious metals news

As of this morning, gold is up more than 10% and silver is up more than 16% since the beginning of the year. Gold stocks have also been strong, especially in the mining sector. While the S&P 500 has dropped about 1%, the Arca Gold Miners Index is up nearly 25%. Unsurprisingly, the mainstream financial media is starting to jump on the gold bandwagon.
In an article on the front page of its business section, The Wall Street Journal looks at all the factors influencing bullish sentiment for precious metals thus far in 2015. These include:

BIG TROUBLE is headed for Bakken oil production, and when it arrives, it could push the entire global financial and economic system over the cliff:

On January 19, the Bundesbank Announced the Repatriation of 120 Tonnes of Gold from Paris and New York Federal Reserve. In light of what has happened in the past week with […]

The introduction of quantitative easing by the ECB has raised doubts about the effectiveness of such a move. To discuss this measure taken by the ECB RT talks to the publisher of Trends journal, Gerald Celente.

It was nine months ago when we reported that Li Ka-shing, the richest man in Asia, had sold all of his major assets in China. In 2013 when he started dumping […]

Gold hit a price low of approximately $1,140 in early November 2014. Since then it has rallied dramatically, possibly because of global fears about the financial system, the Swiss National […]

In this Keiser Report from Mexico City, Max Keiser and Stacy Herbert discuss China’s $250 billion for Latin America forcing America’s ‘positive’ hand in the region. Meanwhile, back in China, […]

Emails from the BBC, Reuters, the Guardian, the New York Times, Le Monde, the Sun, NBC and the Washington Post were saved by GCHQ and shared on the agency’s intranet […]

Gold surged 3 per cent in euro terms after Mario Draghi in the ECB announced a massive quantitative easing or QE program of over EUR 1 trillion from March 2015 […]

In 2002 China reformed its gold market and ever since has been effectively stimulating its citizens to save in physical gold, making the People’s Republic the largest gold producer and consumer on earth. Additionally, China is openly calling for replacing […]

While gold appears to have just begun a new upleg in US dollar terms, in many foreign currencies, gold is currently going parabolic! CEO of US Global Investors Frank Holmes […]

The bankers tried to contain gold/silver ahead of the decision by the ECB to undergo a 1.14 trillion euro quantitative easing.   It just did not work as gold and […]

Peter Schiff appeared on RT this morning to share his opinion on the ECB’s announcement of a new quantitative easing program.

The European Central Bank (ECB) will begin a new quantitative easing (QE) program in March. The central bank announced this morning that it would buy at least 1.1 trillion euros worth of euro-denominated bonds from governments and private institutions across Europe. It will begin its monetary manipulation at the rate of €60 billion a month, which will last into the fall of 2016. If you've got a few minutes to waste, you can watch ECB President Mario Draghi deliver the news himself:
Like Janet Yellen, Draghi uses the bogus excuse of low inflation as one of the primary justifications for the program. This renewed commitment to creating European inflation boosted to gold, pushing it over $1,300.

Peter Schiff appeared on Bloomberg TV yesterday to explain why China is going to be forced to remove its peg to the dollar, just as Switzerland abandoned its euro peg. When this happens, the big losers are going to be American citizens, while Asians will likely enjoy a higher standard of living.

Peter Schiff appeared on CNBC World earlier this week, continuing his crusade of warning the financial media that central bank money printing is ultimately going to be a disaster for the economy. He also commented on President Obama’s hopes of raising capital gains and inheritance taxes. Peter slammed the president for his fundamental lack of understanding of how to responsibly grow an economy.

The fear in the E.U. is spreading, and spreading fast.   From a widespread economic slow-down, brought on by ill-advised sanctions against Russia, to full-on banks in Greece, to saber thrusts of […]

Mario Draghi is preparing to unveil QE today as the ECB looks certain to announce it’s much anticipated quantitative easing (QE) program. The move to print up to €1 trillion […]

The destruction wrought by the endless creation of fiat money is reaching a terminal phase. As spreads and carry trades are unwound, the effects have been devastating to individual commodities […]

Just exactly what opportunities are likely to present themselves when the coming currency crisis destroys the greatest illusion of wealth on planet earth??