Precious metals news

None of the problems that caused the last financial crisis have been fixed.  In fact, they have all gotten worse.  The total amount of debt in the world has grown […]

The biggest factor driving gold prices at the moment is the increasing tension between the West and Russia over Ukraine. The EU agreed on a framework yesterday for its first sanctions on […]

Doc's Deal of the Day: San Francisco Mint Silver Eagles As Low As $2.89 Over Spot! That's $300 Less Per Box Than APMEX! Click or call 800-294-8732 to place your […]

Italy's UniCredit bank reported a record loss of $20.8 billion in fourth quarter 2013, after the country's biggest lender increased its reserves to cover bad loans and spent heavily on […]

There was big news last week in the precious metals industry. Anthony Columbo and his companies (Premier Precious Metals Inc., Rushmore Consulting Group Inc., and PPM Credit Inc.) were banned by the FTC from selling precious metals “investment opportunities.”
The FTC charged Columbo with swindling millions of dollars from investors through hard-sell telemarketing schemes.
The saddest part is that a large number of his victims were senior citizens, who were probably looking for a way to protect their hard-earned savings from inflation and a crumbling US economy. We expect there’s going to be a lot more stories like this in the coming years as gold and silver start to make headline gains once again.

The Civil War in gold continues. JPM Morgan is still NET LONG 45,000-50,000 contracts. The other 23 banks are desperately shorting gold, attempting to cap price and keep it below […]

My attitude about buying metals was all wrong back in 2010 when I started. Then, it was an investment, rejoicing all the way up to $50 silver, keeping a detailed […]

Phase 2 of Bitcoin continues... New York financial regulators said they will immediately begin accepting applications to operate exchanges for Bitcoin and other digital currencies to help speed the development of […]

Jim Rickards stated today that the fact that copper is crashing and gold is rallying proves his point that gold is not a commodity, but is rather money itself. 

Another week, another 49 mt of Chinese gold demand in the form of withdrawals from the Shanghai Gold Exchange vaults. Withdrawals year to date account for 418 mt. This brings February […]

If the U.S. economy is getting better, then why are major retail chains closing thousands of stores?  If we truly are in an "economic recovery", then why do sales figures […]

The bottom line is that smuggled gold going into India in 2013 probably did so at the staggering rate of about 40 tons a month.  In my professional opinion, that […]

By now, it must be completely obvious to anyone paying even the slightest bit of attention that the so-called “recovery” we have supposedly been witnessing for the past several years […]

*Breaking A massive explosion has reportedly ripped a large apartment building on Park Ave in Harlem early Wednesday, with numerous reports on the ground of a raging fire and numerous […]

Even though 2013 was a great year for physical precious metal demand due to manipulated lower paper prices, the top silver mining companies suffered a decline in overall production compared […]

*Editor note: With sentiment near all-time lows for the entire bull market, we thought it apropos to bring back SRSrocco's viral, comprehensive FUNDAMENTAL ANALYSIS on the forces that will push […]

Irrespective of whatever the market does, the one timing factor that is of the utmost importance is that of accumulating physical possession of gold and silver.  The time has been and continues […]

Welcome back to The Truman Show ladies and gentlemen. The matrix of surreal bullsh*t that characterizes everything on the world stage these days, from financial markets to global politics. I’ve written many […]

A Guest Post Submission by an ex-career banker: The history of US finance and economy is a complex saga involving multi-generational interchanges in cycles between gold backed currency and fiat currency. […]

The Government is lying through its teeth to us about the Ukraine situation. It's amazing how quickly CNN and Fox News seem to have misplaced the Victoria Nuland phone tape […]