Precious metals news

The gold stocks are almost certainly in the early stages of a major new upleg.   Given the widespread apathy and antipathy still plaguing this beaten-down sector, that’s hard for […]

With gold & silver raided by the cartel coincidentally on the day the new Silver Fix was launched, The Doc & Eric Dubin break down the markets, discussing:  Cartel raid […]

A pure psychological warfare operation on the metals.  I received several emails and phone calls from clients and colleagues who were in a panic.   My response was: “It’s a […]

A robot that can make 360 burgers an hour could put many fast-food workers out of a job – exactly as its designers intended. Silicon Valley-based Momentum Machines developed the […]

Now even the mainstream media is admitting that during an Ebola panic “people could be detained for long periods, merely on a suspicion they might have been exposed to some […]

Forty-three years ago today, President Nixon severed the last remaining shred of the gold standard when he suspended the ability of foreign banks to directly exchange the dollar for gold. Nixon promised his actions would be temporary, but this turned out to be an even bigger lie than his promise to end the Vietnam War.
In the video below, you'll notice that Nixon also promised that the value of the dollar would remain stable in spite of his actions. Of course, this turned out to be completely wrong. According to the Consumer Price Index data released by the Bureau Labor of Statistics, the dollar has lost more than 80% of its value since Nixon’s fateful decision. Meanwhile, the dollar value of gold has gone from $35 an ounce to about $1,300.
What does this mean? Suppose you stashed an ounce of gold worth $35 alongside thirty-five one-dollar bills under your bed in 1971. Today, you would be sitting on gold that could buy you a nicely-tailored suit, while the cash couldn't get ...

The US dollar is the most widely used currency in the world for international trade.  Central banks and sovereign governments around the world hold trillions of US dollars. And while […]

The Battle Royale continues as the cartel has hammered gold back under $1300 once again with a last of $1293, and silver has been knocked under $19.50 to $19.45 on […]

Mr. Macleod joined The Daily Coin to discuss the silver fix transformation.  With the London fix now officially history, are we about to see a period of unprecedented volatility in […]

Low inflation would not explain the 80 basis point drop in long bond yields since January 1st. “Flight to safety” would flow either into the very short end of the […]

The precious metals are lynch pins.  They are nagging and persistent counter-parties to money printing gone wild. The US currently has a Debt to GDP well north of 100%.  That's […]

Skip the unfounded optimism, forget “hope and change,” ignore the media hype and face the brutal facts: The world is overwhelmed with debt; far more debt than can ever be […]

Jim Rickards made headlines today with an interview he did with Peter Schiff in which he claims that the gold held by the Fed is leased out several times over […]

In his latest public silver update, BrotherJohnF breaks down the coming co-ordinated collapse, and how the precious metals will be affected. 

Let’s be honest – Ferguson, Missouri is under military occupation right now, and the entire world is watching in horror as militarized police fire tear gas and rubber bullets at […]

Gold & silver's charts look wildly different now and that is extremely rare.   Something is about to happen. A global  economic crash is coming in 2015.   It is well planned […]

You must never confuse faith that you will prevail in the end – which you can never afford to lose – with the discipline to confront the most brutal facts […]

With each insolvency, quantitative easing, falling currency, bail-in, and the inevitable rise of the gold price, the tide is turning. The Tirumala Tirupati Temple in India has deposited gold at […]

Despite repeated attempts to beat down silver with uncovered short-selling, so far this month the primary banks who control Comex trading (JP Morgan, Scotia, HSBC) have been unable to keep […]

Physical silver bullion sales exploded at SDBullion Wednesday, hours before the London Fix price setting mechanism was set to end on August 14th.   The London fix, which has been […]