Precious metals news

Forget the Black Card; that's for chumps and lightweight wannabes. The truly exclusive card is the Uranium Card™, which you've never heard about for good reason: there's only a few […]

Stock-market capital finally started flowing back into the flagship GLD gold ETF for the first time in 14 months in February!  Though this buying was small, this is truly a […]

Politicians and the Federal Reserve are spinning tales of a slow but steady economic recovery in the United States. But economists and financial advisors like Peter Schiff are not fooled by the double speak. The Economic Collapse Blog published a good summary of recent major economic data and news that indicate the picture is not nearly as rosy as Washington would like us to believe.

Thanks to a tip from an SD reader, we have discovered the US' official bar list of "Deep Storage Gold"  held at Fort Knox, Denver, and West Point, buried in a PDF […]

In the wake of the Sandy Hook tragedy and fears of new control control legislation from the Obama administration, extreme shortages of ammunition have been sustained over the past 12-24 […]

Breaking reports confirmed by Reuters inform us that Russian forces are storming the Ukraine base near Sevastopol, home of anti-aircraft commander center.  Russian forces storming Ukraine base near Sevastopol, home of […]

Welcome back to pre-financial crisis insanity levels. I recall one of the wildest stories from back in early 2008 near the height of the oil price bubble was about how […]

EU leaders have threatened Russia with sanctions, which could include visa bans, asset freezes and various economic restrictions unless it engages in direct talks with the coup-appointed Ukrainian government. As […]

James Turk, co-founder and director of GoldMoney.com joins BoomBust to talk about gold, gold, gold. Turk explains that gold has been used as money for five thousand years, and he […]

When the Obama administration was plotting to overthrow the democratically-elected government of Ukraine, what in the world did they expect to happen in the aftermath?  Did they just expect Russia […]

Is the U.S. economy steamrolling toward another recession?  There are an increasing number of indications that we are rapidly plunging into another major economic slowdown.  While it appears that Putin […]

Ok, so this seems like a very big deal and a may represent a serious escalation in the soft conflict happening between the U.S. and Russia. As of today, the […]

By Peter Schiff
Before Bear Stearns and Lehman collapsed, the market for physical gold was limited to a relatively small group of investors who understood the havoc inflation was wreaking on our savings and the US markets. As the financial crisis took hold, a flood of new and inexperienced buyers entered the market, creating an opportunity for unscrupulous metals dealers to swindle their way to massive profits. This is what drove me to launch my very own gold dealer, Euro Pacific Precious Metals, to provide a safe alternative for those who were taking my advice to diversify into sound money. In our first year of business, I released Classic Gold Scams and How to Avoid Getting Ripped Off, a free report that has saved countless investors from losing their shirts.

By Peter Schiff
The most puzzling part of the investment business is seeing how the vast and largely economically illiterate masses interpret any given piece of news. Take the recent gold selloff: many large players were motivated to sell by news that Cyprus will have to liquidate its gold stockpiles to pay off acute debt obligations. But just a moment's reflection shows this reaction to be knee-jerk.
The real story behind Cyprus' deal has much more profound ramifications - and they are positive for gold.

So much for "isolating" Russia.  The Chinese government is publicly siding with Russia on the crisis in Ukraine, and that is very bad news for the United States.  Not only does it […]

In an interesting irony, investors are purchasing record amounts Silver Eagles while the top primary silver miners continue to lose money.  Not only did investors purchase the most Silver Eagles […]

In World War II, the United States fought against rabidly anti-Semitic fascists.  In 2014, the United States helps them overthrow democratically-elected governments.  And the sick thing is that the mainstream […]

Ross Norman, CEO of the well-known London-based Sharps Pixley bullion retailer issued a rebuttal to the Bloomberg article and in defense of the London fix (LINK).  Ironically, in his attempted defense […]

Instability starts on the periphery and moves into the core. While it is clear that the instability in periphery nations is arising from dynamics unique to each nation, there is […]