Precious metals news

Here is a fascinating interview with Ned Naylor-Leyland, a precious metals expert with Quilter Cheviot Investment Management. Naylor-Leyland explains the coming divergence between the physical and paper gold markets and how mainstream media doesn’t grasp just how large the daily gold market is.
He also discusses the ongoing Eastern demand for physical gold, especially in China. Did you know China has twice as many retail bullion shops than the United States has Starbuck, Subway, and McDonald’s locations combined?

Gold stocks have suffered a miserable few years, becoming a laughingstock even among contrarians. But this despised sector’s seemingly-endless downward spiral has left gold stocks vastly undervalued relative to gold, […]

We live in a world that is becoming increasingly unstable, and as a society we have become exceedingly dependent on the technology that we have surrounded ourselves with.  If something […]

It's a bold prediction, but here is why silver will wildly outperform gold in 2015...

Gold, while being the source of the banksters' power, must be “given away”, in order to maintain their power! The greatest source of their strength, must be sold onto the open market.  That is […]

Russia and China have been quietly liquidating USD reserves, and buying....GOLD.  Let’s head immediately to see the major data points for today:

This week has been extremely volatile for oil, currencies and stock markets.   Against this background gold and silver have drifted sideways to slightly lower, which given the dollar's strong […]

Very few people understand what Putin is doing at the moment.   And almost no one understands what he will do in the future. No matter how strange it may seem, […]

In his podcast yesterday evening, Peter Schiff shared his thoughts on the huge surge in the stock market over the past couple days. He also takes a look at the latest news from Switzerland. Just weeks after defeating an attempt to back the Swiss franc with more gold, the Swiss National Bank has set negative interest rates in an attempt to further weaken the franc. Finally, Peter digs back into Janet Yellen’s latest statements about the US economy and drop in the price of oil.

Is this the start of the next major financial crisis?   The nightmarish collapse of the price of oil is creating panic in financial markets all over the planet. On June […]

JB Slear has issued a clarification for SD readers on the COMEX' new rules for precious metals limits with options limits going into effect Sunday 12/21.  Are traders about to […]

The world is running short on the availability of “clean” physical gold.  By “clean” I mean gold this not hypothecated or encumbered by a lease – gold that has a […]

Renowned silver guru David Morgan joins Reluctant Preppers to discuss the evidence for realizing that the United States is following the final stage of all empires - the collapse stage - […]

This week, the Russian central bank announced a shock decision to hike up its key interest rate from 10.5% to 17%, effective immediately.   Incredible. On Monday alone the ruble […]

Inflation is really just a form of theft. Through inflation, governments are able to reduce the real value of their debts. And at $18 trillion, the United States government is in serious […]

The Rise of the Dragon From the LIBOR Scandal, to silver and gold-market rigging, to currency rigging, if you want to find the culprits behind every scandal, every crime, then look […]

In today's trading, for the umpteenth time, gold surpassed the $1200 mark only to be repelled back. Gold’s zenith was $1212.00 set at 5 am early this morning and its […]

Jim Rickards agrees with Peter Schiff. The stock market is in a bubble thanks to the monetary manipulation of the Federal Reserve. Like Peter, he doesn't think the Fed will raise interest rates in 2015. Instead, Yellen will be forced to start quantitative easing again by the beginning of 2016. This, he argues, will be the beginning of the end of the existing world monetary system. Watch Rickards explain his reasoning to Bloomberg below.

In his latest podcast, Peter Schiff talks about the Federal Reserve removing the phrase “considerable time” from its policy statement yesterday. While they technically did change the language, Peter points out that they then used some linguistic tricks to essentially maintain the same position on the possibility of future interest rate hikes. You can see for yourself in the quote from the Fed’s press release:
Based on its current assessment, the Committee judges that it can be patient in beginning to normalize the stance of monetary policy. The Committee sees this guidance as consistent with its previous statement that it likely will be appropriate to maintain the 0 to 1/4 percent target range for the federal funds rate for a considerable time following the end of its asset purchase program in October…”
After picking apart the Fed’s statement, Peter tries to puzzle out the economic conditions that will justify an interest rate hike in the coming months.

Big Pharma has followed the only avenue left to reap billion-dollar profits: jack up the price of generics. What happens when rapacious cartels run out of billion-dollar-profit products? They jack […]