Precious metals news

This post was submitted by Erik Oswald, SchiffGold Precious Metals Specialist. Any views expressed are his own and do not necessarily reflect the views of Peter Schiff or SchiffGold.
The New York Times reported a major story this week about Ms. Carol Hinders, who had her checking account seized by the IRS. Why? Because she had the audacity to deposit cash in increments below $10,000. While this is an outrage in and of itself, it is merely a symptom of a larger problem: Civil Asset Forfeiture.

We are in a bottom for sure.  How long will it last is anybody’s guess- but silver stackers need not worry. This is only a question of how much fiat […]

As promised to you, the crooked bankers continue with their criminal ways with a MASSIVE RAID on gold and silver on the week of options expiry. Let’s head immediately to see the […]

It appears that TPTB do not wish to allow retail investors to take advantage of today's historic gold and silver take-down as gold has been smashed to new lows of […]

If you are going to celebrate something, shouldn’t you at least know what you are celebrating? 

Stop Thanking Me for My Service...

When the White House didn’t like her reporting, it would make clear where the real power lay.   A flack would send a blistering e-mail to her boss, David Rhodes, CBS […]

Colorado and Oregon could soon become the first states in the nation to pass ballot initiatives mandating the labeling of food products containing genetically modified organisms. Earlier this year, Vermont […]

In the first half of our new interview with Alasdair Macleod we discuss the November 30th Swiss gold referendum and what it might mean for the Bankster’s central banking Ponzi scheme. […]

The ‘trend is your friend', until an epic reversal occurs...

How exactly is it possible that China acquired 10,000 metric tons of Gold since 2011?

This post was submitted by Erik Oswald, SchiffGold Precious Metals Specialist.
Sales of the US Silver Eagle are often looked to as the leading indicator of demand for silver bullion coins. It remains the most popular bullion coin among investors both domestically and internationally.
While the Eagle has been in the limelight for nearly a decade among investors, bullion coins from smaller national mints have also seen a dramatic uptick in demand. There has also been a massive increase in ETF purchases of physical silver and substantial industrial demands from the growing solar industry.
Louis Cammarosano from Smaulgld guides us through the growing demand for silver on the industrial and investment fronts.

In the latest episode of his podcast, Peter Schiff gives his take on the end of quantitative easing. Peter reviews CNBC's reaction to the news and Alan Greenspan's opinion of QE. He also shares his own predictions for the future of the American economy and the price of gold.

It’s official. The Federal Reserve has ended its third quantitative easing program, QE3. The Fed claims that the economy is continuing to improve, yet they’re still going to keep interest rates at near-zero for a “considerable time.” Stay tuned for Peter Schiff’s video response to the news later today.
So the Fed claims the economy is getting better, particularly stressing how good the labor market is today. However, if you dig into the numbers, the labor market is actually terrible. There are 54% more involuntary part-time workers now than in 2007. On top of this, 1.4 million full-time jobs have been lost since 2008. Given this, it should come as no surprise that when you account for inflation, the 2013 median household income was 8% lower than 2007!

As a nation, we are steamrolling toward a date with oblivion, but everyone is trying to put such a happy face on things. what Americans plan to spend on Christmas […]

It was the best of times, it was the worst of times, it was the age of wisdom, it was the age of foolishness, it was the epoch of belief, it […]

Just last Friday, the Office of the Comptroller of the Currency shut down National Republic Bank of Chicago, costing the FDIC insurance fund $111 million. And there are a number […]

In Saudi Arabia, it appears that the “war on twitter” is now resulting in serious jail sentences. 

Close to 20 million ounces have been removed from the “customer” accounts since February, held in vaults operated by banks like JP Morgan, Scotia and HSBC.  Yet, at the same time, […]