Precious metals news

Back in 2006, at least Americans were capable of blowing a housing bubble on their own. Now they need to sell green cards to the Chinese so they can do […]

Once the Great Bakken and Eagle Ford Fields head into terminal decline, the GREAT ILLUSION of prosperity in the United States will be over.  This will have severe consequences for […]

Gold and silver imports into India in November were spectacular. In November India imported 1,254 tonnes of silver – a record as far as recorded data goes back. Year to date total import […]

The December gold delivery has begun! Let’s head immediately to see the major data points for today:

In a shocking holiday admission, the Ukranian Central Bank has admitted a portion of Ukraine's gold reserves have been discovered to be gold-plated Tungsten lead.  Yes, you read that correctly, […]

SchiffGold is pleased to announce that we now feature junk silver bags amongst our product offerings. These bags contain United States dimes, quarters, or half dollars minted in or prior to 1964. That was the last year the US Mint used real silver to mint its circulating coins. These coins are 90% silver and worth much more than their face value (not to mention much more than their modern counterparts minted with base metals). A pre-1964 Washington quarter is worth a little under $3 at today's silver price!
Junk silver coins make a great holiday gift for your friends and family. Not only will you give them something of real value to add to their savings, but you can also use the opportunity to educate them about the value of sound money.

Lots of smart people are wondering if Russia might adopt a gold backing for the ruble to strengthen its ailing currency and economy. The idea is even getting traction in mainstream news with a new article from CNBC. Alasdair MacLeod, an expert precious metals analyst, explains why Russia would favor a gold standard:
There is no doubt that Russia and China, plus the other Eurasian states in their sphere of influence are all accumulating gold and the indications are they see it as central to replacing the US dollar for cross border trade. … It is already in Russia's interest to cast itself off from inflating western currencies and to base their economy on sound money, aka gold.”

Peter Schiff covers a wide range of topics in his latest interview with Chris Waltzek on GoldSeek Radio. Of course, they look closely at the precious metals markets and how they’re being influenced by the Federal Reserve’s monetary manipulation. However, they also discuss the price of oil, Russia’s ruble problems, and the future of the United States housing market.

I want you to imagine this nightmare scenario for a moment. At the local grocery store, the horrific realization finally cold-cocks you: prices are 0.4% CHEAPER than they were a […]

Year to date Chinese wholesale gold demand is somewhere in between 1,911,230 Kg and 1,955,090 Kg (at least 1,911 tonnes). Total gold volume traded on the SGE combined with the […]

Ava Capital Markets Chief Market Analyst Naeem Aslam discusses his outlook for the Gold market in 2015

Rosy GDP numbers may have cheered the masses, but John Williams of ShadowStats.com says we're a long way from prosperity, and warns to prepare for a downhill run for the dollar in […]

This week we take a look at the Russian Ruble, and all the severe challenges it’s faced for the last several months. Is the Russian currency going “down for the count”, or are […]

The US Government has suddenly become aware of the derivatives mass financial destruction risk. In the recent omnibus finance bill a clause was hurriedly inserted transferring derivative liabilities to the Government […]

With the last two trading weeks of the year immediately in front of us and the tradition of cartel smashes undertaken during thin, holiday trading, it must be underscored that […]

The alarm bells are going off in Europe. The next chapter of financial crisis may well be written in Brussels.

Long Term World Stock Market cycles continue to point to December 2014 as the STARTING MONTH and 1st down month of a World Stock Market crash cycle arriving 2015 and bottoming/ENDING […]

After so many questions this week on how to get precious metals into an IRA account, we decided to post a webinar that was held in November 2014.

The Bloomberg story of a few months ago is a phony. Germany has very intention of repatriation her gold!

Kitco asked Peter Schiff how he would invest $100,000 in 2015. He recommends buying gold, mining stocks, and international equities. Peter urges prudent investors to avoid the United States stock market and the US dollar.
I don’t think money should be in dollars, I don’t think it should be in treasuries… I think a lot of inflation is coming and I think the dollar is going to lose a lot of value … [Y]ou need to look at international equities and you need to look at precious metals.”