Precious metals news

Martin Armstrong is one of the most famous economic forecasters alive, but you wouldn

In this excellent interview with Jay Taylor, David Jensen takes a look at the LBMA, and the MASSIVELY leveraged paper tail that wags the physical dog.  With a daily trade […]

If you want to get a glimpse as to what gold will do one day soon just notice what happened to the Swiss Franc which rose 30% today, from 1.20 […]

Kitco News spoke with forecaster Gerald Celente about the grand manipulation of global markets by central banks. Celente argues that the only reason the gold price isn’t $2,000 is because of the low interest rates and quantitative easing of the Federal Reserve. He predicts a panic in US equity markets in 2015 and a resurgence in precious metals.

In yesterday’s podcast, Peter Schiff addressed the current stock market volatility, the United States housing market, retail sales numbers, and the American recovery fantasy.

The price of gold took off this morning when news broke that the Swiss National Bank has removed the euro cap on the Swiss franc. For three years, the franc has had a ceiling of 1.20 francs per euro. When the cap was removed, the currency surged 30% against the euro, sending currency traders scrambling into gold as a safe haven. Gold surged more than 2% and is currently hovering around $1,260.
Currency markets aren’t alone in their volatility this week.

When they woke Thursday morning, the banks had been closed on the east coast for 2 hours. Electronic payment systems worked in select areas only: government services, food, and energy […]

Chaos was seen in financial markets today as participants were thrown a curveball when Switzerland shocked the world by removing its three-year cap on the Swiss franc, unpegging it from […]

Bix Weir from Road To Roota joins the SGTReport to talk about American silver eagles [the only remaining form of U.S. government issued REAL MONEY in the United States], crumbling derivatives, criminal banks, […]

Do you know what an “extremist” is?  In the wake of the horrible terror attacks on the offices of Charlie Hebdo in France, Barack Obama is speaking very boldly about […]

There is this notion put forth by the media that a decline in global oil demand caused the huge drop in the price of oil.  Ironically, global oil demand is […]

Buy physical with every ounce of cash you have.   Close out all investments you have for cash and buy physical. Leave no stone unturned.  If you have equity investments […]

$60 billion to fund 2 years of free community college for “resposnible” students?  Qui bono, Barack?

In November, the central bank of Russia bought gold for the eighth consecutive month in a row.   Russia is now the world’s fifth biggest holder of gold bullion. There […]

Famed contrarian investor Marc Faber has predicted that gold will go up “substantially” in 2015, perhaps as much as 30%. Much like Peter Schiff, Faber sees 2015 as the year that the markets wake up and realize that central banks are no longer capable of artificially supporting asset prices.
Faber’s investment advice comes down to shorting central banks:
My belief is that the big surprise this year is that investor confidence in central banks collapses. And when that happens — I can’t short central banks, although I’d really like to, and the only way to short them is to go long gold, silver and platinum… That’s the only way. That’s something I will do.”

Janet Yellen claimed the Federal Reserve is going to hit the interest rate gym this year, but we all know how New Year’s Resolutions turn out… Please share and enjoy the latest comic from Lampoon the System.
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If you thought FACTA was FUBAR before...

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Yesterday we had gold and silver higher but the gold/silver equity shares were much lower. It sure looked like the boys were going to raid PMs today.  However FEAR spread […]

While all eyes are fixed on Russia and China, has Turkey quietly gone on the Gold Standard?