Precious metals news

The 1987 stock slam that occurred was a wake-up call.   The response was the creation of a derivative banking foundation of vaporous substance. Derivatives played a key role in […]

Thursday the gold price was hit at the start of Asian trading and an hour into New York trading a sell order of some 6,000 contracts was dumped on the market, […]

"The secret that hundreds of employees are now refining involves devices that automate and miniaturize more than 1,000 laboratory tests, from routine blood work to advanced genetic analyses. Theranos’s processes are […]

Sprott's Tekoa Da Silva joins The Doc & Eric Dubin on this week's Metals & Markets from the Sprott Natural Resource Symposium in Vancouver discussing: PM futures roller coaster: metals […]

Euro zone's debt is rising.   Companies reporting in that sales and revenue are dropping.  China has made a deal with Venezuela for oil and agricultural production.   Portugal's president […]

Never give a sucker an even break.  After two years without a meaningful correction and complacency at multi-year highs, how much profit is there left in pushing an increasingly heavy […]

Silver is not just any old commodity.  It is old money.  Despite massive efforts and price fixing, clipping and manipulation, it has remained central to monetary and political systems for […]

Peter Schiff interviewed Doug Casey on his radio show this week. First they discussed Casey's new short documentary Meltdown America, which warns about the looming financial and monetary collapse due to reckless central bank policies. They move on to explain to the listeners why both Peter and Doug buy physical precious metals like gold and silver to protect themselves from the current historic bubbles in the bond and stock markets.
I continue accumulating gold very regularly… It’s the only financial asset that’s not simultaneously somebody else’s liability. And I’m not interested in holding paper in the over financialized world that we’re in today… I think we’re on the edge of something much worse than what we had in 2008 and 2009. If I look around the world to places where you can put your capital, real estate is over-priced. The stock market is greatly over-priced. The bond market is in a historic bubble… So what are you left with?" –Doug Casey

Ten dark suited men entered the premises of FBME bank in Cyprus on Friday afternoon and took it hostage.  The men were from the Central Bank of Cyprus (CBC).   […]

Barclays, RBS, HSBC and Lloyds may be forced to break up following a finance watchdog’s inquiry.   The watchdog claims Britain's banking sector is characterized by anti-competitiveness and a failure […]

I’ve never seen the television show Scandal, but apparently its creator, Shonda Rhimes, is hosting a $32,000 dollar a plate fundraiser for Obama in Los Angeles. What purpose this fundraiser […]

Central Bankers engage in "Price Stabilization".  Their actions are supposedly private.  Professionalism demands secrecy but total secrecy is difficult to ensure.  At what level in the organization would you expect that information […]

The belief that calling for and instituting sanctions against Russia is a sound policy, illustrates the economic disconnect of the Obama administration. With the fervor for starting a new cold […]

I figured I might need to buy today. I knew the month was running out and I knew “TPTB” in the paper markets were approaching something called an “options expiry.”  […]

Despite the persistence of the recovery meme, financial markets are more fragile to risk than ever before. On top of this, witness the slow creep of policy disguised as regulation. […]

If you've been following the mainstream media, you might be under the false impression that the largest consumer of gold in the world – China – is no longer so enamored with the yellow metal. The financial media could not be more wrong, and it should come as no surprise to our readers that they are cherry-picking their facts. To clear up just how strong Chinese gold demand really is, Jeff Clark of Casey Research has published this in-depth analysis of the Chinese gold hoard. He clears up all sorts of common misconceptions that have been in the news lately.

I watched Margin Call the other night.   As the film wound down to a close, Jeremy Iron’s character (not sure if he was Blankfein or Dimon) explained to Sam, who thought […]

I have been saying for a while now that worldwide economic collapse is soon to come to a country near you, a state near you, a city near you, and […]

Some wise folks have repeatedly told us that regulatory enforcement at the highest levels is compromised because of the constant flow of high-ranking government officials from positions of governmental power […]

History tells us that large governments almost invariably lead to waste, corruption, and overextension of power.   It’s the large governments that rattle the sabers and constantly threaten warfare. It’s […]