Precious metals news

There is a difference between backing and supporting a currency with gold.  Although gold will officially return into the global monetary system within five to ten years, as all fiat roads are a dead end, in what […]

I don’t think that the situation that we have here is sustainable. We are going to have to create a sufficient amount of money to keep the debt load afloat. […]

New Gold’s 2014 midpoint guidance has it producing 400k ounces of gold at all-in sustaining costs of $825 per ounce.  This production profile, which is the product of a well-diversified […]

The Ukrainian conflict continues to escalate, as sources report that the Ukrainian military has begun an operation in the southeastern city of Mariupol, where a branch of PrivateBank has been […]

In cultures all over the world, there are ancient stories about beautiful, prosperous cities that became submerged in the ocean and were never seen again.  The most famous of these […]

The goal of The Powers That Be is to keep the grassroots masses from reaching an "orientation" that values precious metals over paper dollars that are backed only by the […]

The “environmental movement” has become a caricature of its purported goals.  Our regulatory agencies like the Environmental Protection Agency and our management agencies like the US Forest Service and Bureau […]

There was big news this week, when a Senate committee heard testimony about widespread precious metals fraud since 2001. The activity has picked up significantly since the financial crisis, with conmen targeting people who want to protect their savings from a crumbling US dollar.
According to the news, US regulators have done virtually nothing to effectively stop the criminal activity. Here are some of the highlights being reported:

Two very important cases related to the 4th Amendment protection of cellphone data went before the Supreme Court yesterday. At issue here is whether or not police can search someone’s […]

You have to give the Western bullion banking cartel credit.  They are leaving no stone un-turned in their efforts to suppress precious metals prices and sentiment. With gold and silver […]

The Russian banking system has responded to the West’s petty and of no-effect sanctions by raising a one-finger salute to the West.  Russian banks have stopped using the dollar and have adapted […]

The post war consensus on financing bodies appears to be breaking down as the West clings desperately to the reins of the IMF and World Bank. In exasperation, the BRICS […]

As the chart below documenting the 8 bear markets in silver over the past 50 years demonstrates, the bear market in silver is nearing exhaustion. 

While mainstream America will be greeted with news about the huge number of new jobs “created” in April, the truth is that the number of people employed in this country […]

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After melting up throughout the overnight Asian and London sessions, gold and silver have just been dropped down the proverbial mine-shaft once again, as the April NFP release by the […]

Jon Pawelko publishes the web comic Lampoon The System to poke fun at insane economic policies and educate the public on sound economics. Click here for more cartoons and information on his anthology book, available for only $15.

By Peter Schiff
We can't ignore it anymore - the markets are rigged. The LIBOR scandal broke almost two years ago, and the banks found responsible for manipulating that key index are still dealing with lawsuits. Meanwhile, allegations of gold market manipulation have been simmering for over a decade and grew into an inferno after the spot price dropped dramatically last spring.
Yet I'm left wondering what the conspiracy theorists hope to accomplish. Yes, I believe in exposing truth for its own sake and that the individual investor should have the same opportunities in the marketplace as the big institutions. But with these conspiracists, there is often a subtext of, "Because the price is suppressed, buying gold is for suckers." I think this conclusion is precisely wrong.

Americans are an amazingly insouciant people. By now any other people would have burnt Wall Street to the ground.  - Dr. Paul Craig Roberts My only disagreement with him is […]