Precious metals news

It appears Americans have a massive pent-up demand for untraceable guns: On Wednesday, Cody Wilson’s libertarian non-profit Defense Distributed revealed the Ghost Gunner, a $1,200 computer-controlled (CNC) milling machine designed to […]

IF I'M RIGHT ABOUT THIS, things are going to get even worse before they get better. Why? Because hardly anyone else is talking about it! By the time the world outside of SD finally figures […]

Team members have sent a Boots on the Ground, first hand report of the massive protests that have crippled Hong Kong over the past 2 weeks.

Jim Rickards, author of Currency Wars, appeared on Bloomberg TV yesterday to talk about the fundamental economy of the United States and the weak price of gold. Much like Peter Schiff, Rickards believes that the US economy is already in a depression and that the Federal Reserve will not be able to raise interest rates anytime soon. In fact, Rickards believes another round of quantitative easing will begin in 2015. When asked if he thought interest rates would be raised next year, he responded, "Not in my lifetime."
Here's the video. Find some highlights of Rickards' interview posted below.

We all know that the end of COMEX price rat-holing of gold and especially silver has a more limited life now than ever before. Have you wondered what will be […]

Change is never easy. People don’t like it, and will resist change even if their current situations are terrible. Inertia is the most powerful force in the universe after all. […]

A major decline in oil prices that causes a collapse in global stock markets while Indian gold demand surges, is likely to entice those money managers to recommend gold stocks […]

Something is brewing in the gold market...

The latest comic from Lampoon the System peeks into the life of an American family grappling with the plight of "shrinkflation." Let's be grateful that the entity that bears the most responsibility for this economic trend (the Federal Reserve) is not actually doing our cooking for us.
Shrinkflation has been in the news quite a bit the last couple months. Peter Schiff and other well-respected market analysts have pointed to it as one of the many negative effects of the Fed's toxic monetary stimulus programs. You can read more about the shrinkflation phenomenon in this post. It's not just ice cream and chocolate bars that are shrinking before our eyes, though. The fundamental value and purchasing power of the United States dollar itself is slowly crumbling away. Read more here.
SchiffGold's new website now has a full archive of all past editions of Lampoon the System comics created for our brand. Explore them here.
Jon Pawelko publishes the web comic Lampoon The System to ...

In the past 2 days, the U.S. Mint has nearly sold the entirety of the Silver Eagles sold in the month of July! This also stretches the silver to gold sales […]

The inability to accurately assess the criminal banking enterprise that controls the global economy, to its detriment, and the impossibility of perceiving the true powers deeply rooted behind those enterprises, will preclude […]

I think this is a time where people will look back on us and see it as a period of practically central bank worship. The central bankers – Draghi, Yellen, […]

The collapse of the Soviet Union should have been a lesson. The world should have learned that central planning cannot work, even in something simple like food or iron production. […]

Nevada is well known as the United States’ top gold-mining jurisdiction.  The numerous mines within its massive gold trends combined to produce a whopping 5.4m ounces in 2013, which accounted […]

Iceland's currency collapse is not an isolated event.  The purchasing power of a fiat currency varies constantly, even to the point of losing it altogether. The truth of the matter […]

The best places in the world to live and do business are often some of the smallest, for precisely this reason. Not only are the governments generally more in touch […]

In the back of my mind (going back to 2003/2004) I’ve always been worried that they might do to gold eventually what they did to it in late 1974 when they took […]

After a brutal trading week which saw silver close at 4 year lows and gold only $10 from summer 2013 lows, GATA Chairman Bill Murphy joins the show discussing:  Silver […]

The market has reacted to the big drop in the paper price of silver by a huge increase in Silver Eagle purchases.  September was turning out to be a much […]

Precious metals have faced adverse weather as evidence mounts that major economies may be sliding into recession. Silver in particular has been badly mauled, slipping to new lows below $17. It now stands […]