Precious metals news

GOFO rates headed deeper into backwardation Monday as the physical gold market continues to tighten from physical shortages.  Let’s head immediately to see the major data points for today:

When it comes to Ebola, the story that the government is telling us just keeps on changing. At first, government officials were claiming that it was very difficult to spread […]

Last week was downright horrific for precious metals owners.  Hours after silver broke below $16/oz, Peak Prosperity's Chris Martenson recorded this MUST LISTEN interview with silver expert Ted Butler on […]

Chinese gold investment demand increased more than five times in 2013 compared to 2008, yet even the chart below doesn’t represent the true increase. If we assume that total Chinese gold […]

Mark October 29th on your calendars.  The Dow is at 16974, the S&P 500 is at 1982 and the NASDAQ is at 4549.  From this day forward, we will be looking […]

The following post should serve as a serious red flag to all of you who currently mindlessly serve the state in some capacity:

The October issue of Silver News is now available from The Silver Institute. This edition begins with an interview with Ruth Crowell, Chief Executive of the London Bullion Market Association. Crowell talks mostly about the new silver pricing mechanism that replaced the London Silver Fix, which is begin administered by CME Group and Thomson Reuters. She described the main difference of the new system that was rolled out in August:
The major differences are that there is an independent third-party administrator as well as additional price participants and increased transparency. The information, which is displayed across multiple platforms, shows the live auction rounds, which mirrors what an actual participant sees while taking part."
The October Silver News covers a variety of other developments in the silver industry, including:

On Friday, Peter Schiff reviewed the Halloween stock rally as an effect of the end of the Federal Reserve's quantitative easing program. He focused on comparing the irrational euphoria of Wall Street to the dismal performance of gold stocks. Gold investors need to remain patient, because eventually the markets will realize that the United States is headed to another recession.

Major Geopolitical, Economic and Financial Events will occur beginning this November. And certain of these will generate Mega-Moves in Key Sectors. And Legendary Investor Julian Robertson has correctly identified one […]

Elephants are the world’s largest land animals.  And though there aren’t many, they can still be found scattered across the planet.  In the mining industry, super-large-sized deposits are often referred […]

China's reasons for accumulating gold. We now know that China had the resources from its trade surpluses as well as the opportunity to buy bullion. Heap-leaching techniques boosted mine output […]

Former Fed Chairman Alan Greenspan was the keynote speaker at last week's New Orleans Investment Conference. When questioned as to why he left his Austrian roots, Greenspan claimed he has […]

Investors snatched up a record number of Silver Eagles as the paper price was manipulated to new lows today.  This is a very strange market phenomenon, as several “Official” analysts […]

In this week's MUST LISTEN Metals & Markets, The Doc & Eric Dubin break down the epic take-down in the metals futures markets this week, discussing:  With gold's triple bottom at […]

The manipulators have thrown all their cards on the table. I warned on Wednesday to expect severe cartel intervention over the second half of the week. Let’s head immediately to […]

Trading in precious metals was quiet until Wednesday morning, when prices began to soften. When the FOMC meeting released its policy statement at 2.00pm EST, gold and silver responded by […]

Just in time for the Halloween Spooks to come out and play by slashing the prices of the precious metals, JP Morgan (vampire squid), experienced another ghastly withdrawal from its […]

Prosecutors have enormous power.   Even investigations that don’t result in any charges can ruin lives, ruin reputations, and drive their targets into bankruptcy.   It has become an overtly political […]

Last week, gold and silver analyst Dan Popescu interviewed Egon von Greyerz, Founder and Managing Partner of Matterhorn Asset Management. They spoke at length about the upcoming Swiss Gold Referendum, which we've previously reported on here and here. Von Greyerz provides great insight into the Swiss mindset and the importance of gold for central banks around the world. At the end of the interview, he even weighed in on the massive flow of physical gold from the West to China.