Precious metals news

Both houses of manipulation viciously attacked both gold and silver on Friday. Guess why price went down after the COT Week?  It’s called “A Time To Kill” speculator’s positions right […]

Another gold scam has been exposed this month, but only after customers gave more than $2.6 million to precious metals dealer Robert Escobio who lost $600,000 of the invested funds. The US Commodity Futures Trading Commission (CFTC) has filed a civil enforcement claim against Escobio and his company Southern Trust Metals, Inc.
Escobio convinced investors to send him a down payment towards a large purchase of gold, promising to lend them the rest. This sounds exactly like the classic leveraged gold scam, in which the scammer convinces his victims to buy more gold than they can actually afford. He then loans them the remainder at unreasonably high interest rates, promising to deliver all the gold when the debt is paid.
Why would anyone fall for this?

The one year gold price chart shows that the US has been on a de facto US dollar gold standard for over a year now. This means that the US dollar […]

Pierre Lassonde is one of the ‘superstars’ of the resource sector.   He co-founded Franco-Nevada, the largest royalty and streaming company in the mining sector.   The company was acquired […]

You know you’ve lost the plot when Egypt, Iran, China and the United Nations all feel so comfortable they have the moral high ground that they publicly chastise the U.S. about […]

Flash Sale! 90% Silver Only 75 Cents Over Spot, ANY QTY!! Click or call 800-294-8732 to place your order!

James Risen is not just a phenomenal reporter, he is also an extremely courageous and honorable American patriot. His case is a very disturbing one, and it has justifiably received a […]

In 1950 the US owned about 20,000 metric tons of gold – approximately 640,000,000 troy ounces. By August 15, 1971 when President Nixon “temporarily” closed the “gold window” that hoard […]

“We criticize dictators for quelling dissent and silencing protestors with tactics like curfews, we’ll certainly speak out when it’s happening in our own backyard.   The people of Ferguson have […]

This is part two of three in a series exploring three key reasons why gold could be the best hedge in the event of a major market correction. For part one, click here.
As we wrote yesterday, there are many stories in the news lately exploring the various ways to protect yourself from a major market correction. They talk about hedge funds shorting US municipal debt, junk bonds, and foreign bonds in Asia and the eurozone. However, hardly anyone in the media mentions the use of physical gold bullion to protect your savings from a stock market crash.  We believe gold will outperform any of these conventional “safe havens” for three key reasons.
The second promising factor for gold is that many of the “weak hands” have been shaken out of the gold market. This means that short-term speculators who were just jumping on the bandwagon have exited the gold market. Those that remain are primarily long-term holders who understand the fundamentals of gold.
A primary example of these ...

For most of us in the world, we are born tethered to a single national identity.   The passport is our rope.  It’s our lifeline, and we depend on it […]

The “Saddle Ridge Hoard”  of 1,400 US gold coins was recently discovered by a couple in California, buried in several old, rusty cans.  The cans were happened upon by the […]

There are many fundamental factors which contribute to the price valuation given to gold at any time. At the same time gold is valued by reference to it's comparative efficacy to other […]

Just when they announced the end of gold and silver in 2000, both started shining again. It seems that it is not the death of gold and silver as money […]

As we've been claiming all year, gold put in a Double Bottom in late 2013 and is now on the road to recovery and a resumption of its bull market. […]

On Tuesday, police in north St. Louis shot and killed a 23-year-old African-American male that was suspected of robbing a convenience store.  It is being reported that it was "suicide […]

At about 2PM today, the next FOMC minutes get released. The bottom line: With the CRB index approaching solid support, any gold-negative news is not likely to move the price […]

“Afterward, West went into the office, where his first meeting of the day was with Holder and James Cole, the deputy attorney general, in Holder’s conference room. Just as he […]

Believe nothing until it is officially denied. Ghana citizens might want to keep that famous quote in mind as the President of the Ghana Medical Association (GMA), Kwabena Opoku Edusei, […]