Precious metals news

The overuse of Monsanto’s Roundup herbicide on our food is causing glyphosate toxicity and it is now being considered as the single most important factor in development of autism and […]

TND Podcast Spotlight:  Jay Taylor's Turning Hard Times Into Good Times World renowned investor, traveler and author Jim Rogers returns to discuss the current Anglo-American Empire’s conflict with Russia. Having […]

Jim Rickards spoke with Daniela Cambone on Kitco News about what he thinks 2015 will hold for the price of gold and the United States dollar. Rickards reminds us that we're in a long-term currency war that could continue for years. There's a good chance that gold will be needed to bring back confidence in paper currencies.

Chris Waltzek interviewed John Embry on GoldSeek Radio this week. Embry is Chief Investment Strategist at Sprott Asset Management and shares many of Peter Schiff’s views on the United States economy, which he believes is heading towards a currency crisis. He emphasized what a great opportunity investors have right now to get into precious metals at very low prices. American citizens should look to the inflation in Argentina or Russia to see why they want to be holding gold when the dollar starts to dive.

But the dark heart of this shape-shifting world is Quantitative Easing. The government is insisting on taking billions of Pounds out of the economy through its austerity program, yet at the very same time it is pumping billion of Pounds into the economy through Quantitative Easing, the equivalent of 24,000...

A couple of weeks ago, a long time subscriber correctly pointed out that I seemed to be speculating more than usual in my conclusion that JPMorgan was the big buyer […]

As 2015 begins, AGXIIK has shared a heart warming story of his journey to share his gratitude to the Greatest Generation by giving away a Heroes DDay Silver coin to every […]

Who is to blame for the staggering collapse of the price of oil?  Is it the Saudis?  Is it the United States?  Are Saudi Arabia and the U.S. government working […]

It’s true.  Prices have been rising relentlessly since the Federal Reserve Act of 1913. We certainly have made the argument that inflation happens in paper money, but not in gold. […]

Take a look at the amount of gold that can be delivered from the Comex. It is a pittance.  The ECB stated for ages that the world needs to rebalance. Many […]

Ah Moldova… the poorest country in Europe, which just so happens to have had a Communist party majority in its parliament since 1998. These two points are not unrelated.

Like Christine, in the Phantom of the Opera, most of us have been seduced by that Phantom called “the mining sector” at some point.  We’ve all been taken by the […]

Peter Schiff had a very honest conversation about his predictions in his best-selling book The Real Crash with Wall Street Daily founder Robert Williams.
Williams started the interview by reminding the audience that while Peter is widely acknowledged for accurately predicting the 2008 financial crisis, few people remember what Peter’s bigger prediction is – that the ’08 crisis was just a foreshadowing of the real crash that is yet to come. Could 2015 be the year that crash happens? Peter thinks it might be.

2014 was quite a bizarre year, wasn’t it?  The past 12 months brought us MH370, Ebola, civil war in Ukraine, civil unrest in Ferguson, the rise of ISIS and the fall […]

China May Ease Gold Import Rules Bloomberg – The People’s Bank of China (PBOC) is considering a plan to allow qualified miners and more banks to import gold. The intention is to attract more foreign investors and get China more involved in world markets. Chinese miners would be incentivized to “explore opportunities overseas,” said Wallace Ng, a Shanghai-based metals trader. If the PBOC follows through with the plan, it could drive down the premium on gold for Chinese consumers. In turn, this could expand demand and drive global prices higher. Read Full Article >>

World currencies lost a lot of value in 2014. If you lived outside the United States, you would have done much better holding gold rather than local cash this past year. Check out this chart from The Market Oracle:
Eventually the Federal Reserve will be unable to artificially prop-up the US dollar. When that happens, we need only look around the world to see what life will be like. Russia is the most dramatic example this year. Consumer prices there rose 11.4% in December alone! As Bloomberg reports, “Russia’s currency lost 44 percent this year, the second-most in the world after Ukraine’s hryvnia.”

Back in the fall, former Federal Reserve Chairman Alan Greenspan stirred things up by making some public statements about the importance of gold, calling it “the premier currency, where no fiat currency, including the dollar, can match it…” Greenspan also indicated that he believes the Fed’s balance sheet will eventually catch fire and ignite some serious inflation. A good reason, he argued, to buy gold.
Well, now Greenspan is back in the news throwing a “wet blanket” on hopes for US growth, as Bloomberg puts it.

The 9 trillion dollar U.S. dollar carry trade is starting to unwind. Oil’s collapse is predicated by one major event: the explosion of the US Dollar carry trade.   Worldwide, there is […]

Another thinly traded semi-holiday, another MASSIVE gold and silver cartel raid! It seems that the entire world knew that the bankers were going to raid gold and silver! The bankers […]

The NY Fed  saw its inventory of foreign gold deposits drop by 47 tonnes in November 2014. Year to date the FRBNY has lost 166 tonnes.  Last November the Dutch […]