Precious metals news

Regular readers will recall that earlier this year I highlighted how the U.S. government covertly created a “Cuban Twitter” called ZunZuneo in a failed attempt to overthrow the island nation’s regime.   The elaborate […]

Chinese silver inventories are growing increasingly tight as stocks at the SFE continue to fall to record low levels.  After the PAPER SMASH in the price of silver in April […]

There is a war being conducted out there in the financial markets, too, a war between debtors and creditors, between governments and taxpayers, between banks and depositors, between the errors of the […]

The gold mining industry literally devours energy to produce an ounce of gold.  In the past decade, fuel consumption at the top gold miners more than doubled, but the actual […]

A floor is not a “bottom that occurs just before blastoff!” event.   It’s a general price zone of enormous support, where downside price volatility should not be feared. As […]

NO ONE IS IMMUNE TO FEAR. You can thank the CDC for bringing the FIRST EVER Ebola case to the United States as a patient the CDC imported landed in Atlanta for treatment on […]

Roughly a month ago, we exposed CYNK Technology Corp., which had a market value of $1 billion with ZERO revenue; it rose to more than $6 billion at its peak.  All […]

Peter was interviewed by Chris Waltzek on GoldSeek Radio. They discussed the fact that gold is up 8% on the year and has done better than the stock market, and yet the so-called experts continue to say that it has had a "tough year." Peter explained that the conditions needed for gold to break former highs over the coming years are exactly the artificially low interest rates and inflationary policies of the Federal Reserve and other worldwide central banks. Peter also spoke about how Janet Yellen is betting her positive economic forecast on the wealth effect associated with a rising real estate market, but he believes that the housing rally is over.
Everybody was expecting the stock market to be up this year. In fact, it's up less than all the experts thought it would be, whereas those same experts expected gold to be way down on the year. Instead, it's doing better than the stock market. And they don't even acknowledge how wrong they were. They still pretend that they were right."

After consolidating and holding support throughout the overnight Asian and London sessions, gold & silver have once again been treated to a waterfall decline on today's COMEX open, with silver […]

We have made a fascinating and stunning statistical discovery discovery buried right in the monthly non-farm payroll statistics. Regardless of whether the Government numbers are bona fide or fraudulent, it […]

Ron Paul is a guy who talks about things others don’t talk about; who doesn’t back down; who doesn’t suck up to establishment players;  and, to top it off, is […]

The overall markets are exuberant. Valuations rise regardless of value created.   And gold is conspicuously not at the party. All of this sounds very familiar to John Hathaway and […]

Well it appears nothing has changed at the CFTC.   Less than two weeks ago we learned that former CFTC commissioner Scott O’Malia, who had fought hard against any new […]

June's FMQ components have now been released by the St Louis Fed, and it stands at a record $13.132 trillion. As can be seen in the chart above, it is […]

For four decades, the dollar’s standing as the world’s most important currency—which has under-girded much of America’s post-World War II primacy in international affairs—has rested largely on the greenback’s dominant role in […]

Myself and a few others – primarily GATA – have been suggesting for quite some time that While certain newsletter peddlers adamantly maintain the reports are accurate and honest in […]

In his latest video blog post, Peter Schiff picks apart the last week's US economic data, from the GDP to jobs numbers to the housing market to the performance of the Dow Jones. After explaining the endgame for the US dollar given our current economy, he lays out why the gold market is more resilient than the financial media is reporting.
Janet Yellen is not going to wage war against inflation. She’s already surrendered to inflation… She is going to allow inflation to not only continue, but accelerate. And that is what’s good for gold. Interestingly, while the gold market sold-off on the bad economic data on Thursday, it recouped all of those gains on Friday. Not so for the stock market. The stock market went down a lot and then went down even more."

One of the first things you learn when studying economics is the law of supply and demand, defined as follows: "In a competitive market, prices are determined by the interaction […]

The International Swaps and Derivative Association (ISDA) published their position on the changing of the "SILVER-FIX" with the new "LONDON SILVER PRICE" and the ramifications are earth shattering for silver […]