Precious metals news

Here’s the second part of Robert Williams’ Wall Street Daily interview with Peter Schiff. They discuss what the supposed recovery looks like to everyday Americans, and why the next crisis is going to be a dollar crisis. Listen to the first part here.
“The dollar is only strengthening because people expect the Federal Reserve to do things that it’s not going to do, and because they have confidence in the legitimacy of the US recovery. The recovery is here only as long as the Fed is supporting it. It’s not a real recovery; it’s a bubble masquerading as a recovery. If the Fed is not blowing more air into it, it’s going to deflate. People don’t understand that…

Peter Schiff appeared on Benzinga’s Pre-Market Prep show last week. He explained why the Federal Reserve is going to be forced to keep interest rates at zero in 2015 and maybe even start QE4. What the United States really needs is the tough love of higher interest rates that would push the economy into a recession in the short-term, but ultimately make it stronger in the long-term.

America is in no condition to endure an economic downturn, yet a downturn is coming, almost as surely as night follows day. When the next crisis unfolds, I expect the […]

Washington is hell-bent on a war with Russia.  It is part of the PNAC (Plan for a New American Century) to take over the world.  After Russia, China would follow. […]

Goldman Sachs is already threatening that if Greece fails to to vote “the right way” in the upcoming re-elections, that a Cyprus-style bail in or bank holiday could resume. As Klaas […]

Because its always and only about energy...

It's quite clear that the "market" is anticipating the long-awaited ECBQE at the next ECB meeting and the euro is selling off dramatically because of it. Oh, there are certainly […]

David Morgan joins the SGTReport to discuss the unprecedented demand for American Silver Eagles. The question is, WHO is buying all of this PHYSICAL silver? Because typically as the price […]

The Brent crude oil price has fallen from $115 in June to under $54 per barrel. A lower oil price is where production costs make all the difference.  For a […]

Will 2015 be a year of financial crashes, economic chaos and the start of the next great worldwide depression?  | Over the past couple of years, we have all watched […]

For nearly 4 years now, the Fed, BIS, Bank of England, etc have moved heaven and earth, to heap burning coals upon silver investors, and have done the same to gold […]

Why did a convicted billionaire pedophile named Jeffrey Epstein that pimped out underage girls to powerful men have 21 contact phone numbers for Bill Clinton?   And why did Clinton fly […]

Today we had a lot of developments.  First WTI broke into the 47 dollar column creating havoc for our sovereign countries loaded with oil e.g Canada, Russia, USA, England (North […]

On Monday, the price of oil fell below $50 for the first time since April 2009, and the Dow dropped 331 points.  Today, oil plunged further to $47. Meanwhile, the […]

Peter Schiff appeared on Fox Business today to explain what the drop in oil and the strength in the gold market means for the wider United States economy.

In a new commentary from Euro Pacific Capital, Peter Schiff debunks the double-speak mantra of central bankers that claims falling prices in one sector (like oil) are good for consumers, while falling prices across the board will stagnate an economy.
The sudden fall in the price of oil provides a unique opportunity to examine the widely held belief that deflation is economic poison. As many governments and central banks have vowed to fight deflation at all costs in 2015, the question could hardly be more significant.
While falling prices may strike the layman as cause for celebration, economists believe that it can kick off a nasty, and often inescapable, negative cycle, which many believe leads inevitably to a prolonged recession, or even a depression. However, these same economists acknowledge that falling energy prices may offer a stimulus, equivalent to an enormous "tax cut," particularly for lower and middle income consumers for whom energy costs represent a major porti...

Here’s my prediction for 2015:  I think the safety net the Fed has put in place gets shredded to the downside. I think the big story will be the collapse […]

From Greg Hunter, USAWatchdog: “Everything that previous presidents have done to try to defuse the kind of tensions between nuclear powers that could lead to war, all this has been […]

Recovering gold and other valuable metals from retired nuclear weapons had been a little-known mission of the government’s uranium enrichment plants over the past five decades.   At Paducah, the process […]

Total silver volume on the COMEX dropped 2.5 % in 2014, while total volume on the SHFE increased 14 % compared to 2013. In 2014 the COMEX traded 2,123,387 tonnes […]