Precious metals news

Doc's Deal of the Day: 2013 Silver Maples As Low As $1.89 Over Spot! Click or call 614.300.1094!  (Canadian customers please call to place your order)

November is gold’s strongest month in the last ten years and it has returned 4.93% on average since 2003. Since 1975, gold has returned nearly 1.5% on average in November. December […]

According to gold expert Jim Sinclair of JSMineset.com who predicted at sub-$300 gold in 2000 that gold would trade at $1650 by 2011, is now stating that by 2016, "Gold […]

In keeping with the mood of Halloween, the monsters came out early this morning to scare the living Hades out of the gold & silver market.  We had the typical […]

In this clip from yesterday's Kudlow Report on CNBC, Peter Schiff shares his interpretation of the Federal Reserve's latest statement, arguing that the next move the Fed will make is to increase its quantitative easing. Larry Kudlow agrees with Peter that the Fed has no real exit strategy and implies that higher inflation targets are not going to help the economy. When the financial media starts to agree with Peter, you know it's time to buy physical gold and silver!
You go back to the Fed statement - the Fed doesn’t mention taper. It says ‘adjust monetary policy.' Adjustment doesn’t imply a direction. I think what the Fed is getting ready to do is increase the amount of QE, not diminish it."

Gold Posts Biggest Quarterly Gain in a Year Reuters - Gold ended the third quarter up 8%, the largest quarterly gain since Q3 2012. It's expected to recover further if Fed stimulus continues, which analysts consider a possibility given a US government shutdown and weak dollar. "It seems to us that the central bank will likely stand pat again, perhaps not wanting to take two completely different directional views on rate policy in the span of just 30 days," said INTL FCStone analyst Edward Meir.  Read Full Article>>
Central Banks Keep Buying Gold Reuters - Eight central banks added to their gold holdings in August. Turkey made the biggest addition to its reserves in five months, while Russia made its biggest gold purchase since December. For 11 consecutive months Russia has increased its reserves, while Turkey has grown its gold holdings 13 of the past 14 months. Ukraine, Azerbaijan, and Kazakhstan also added significant amounts of gold to their reserves. Central bank gold ...

London-based investment manager John Butler met with German financial journalist Lars Schall to discuss some of the major aspects of international affairs as they relate to the sphere of finance. […]

Since time immemorial, all of the banks have been NET SHORT Comex gold futures. While some of this is due to their hedge books for producers, the vast majority of these shorts […]

The gold and silver smash that began at 2pm EST Wednesday on the release of the October FOMC statement (in which no taper whatsoever was announced) continued this morning, and […]

The U.S. government has spent itself into the “no-win” position whereby more QE is both necessary and dangerous. Most current policies, such as congressional gridlock, inability to pass a budget […]

Former Assistant Housing Secretary Catherine Austin Fitts says all U.S. citizens are partly responsible for banker fraud. Fitts, also a top Wall Street Banker, says, “What popular opinion has said […]

In response to the cartel's FOMC smash, we thought we would help stackers Stack the Smack with an ANY QUANTITY sale!   Click or call 614.300.1094!

It is hard to find the words to adequately describe how much of a disaster Obamacare is turning out to be.  The debut of Healthcare.gov has been probably the worst […]

Has Jeffrey Christian inserted his foot into his mouth once again, and for the second time inadvertently divulged information in a public speech proving that the gold and silver markets […]

Silver may be the good news metal, but it's about to have a serious retest of its “bad news” capacity.

Fed continues monthly asset purchases of $85 billion/month ZIRP to continue as long as the unemployment rate remains above 6-1/2 percent Fed stands ready to INCREASE or decrease QE Gold […]

U.S. Mint sales advanced across all bullion products in October. The U.S. Mint’s sales of American Eagle silver coins have reached 3.087 million troy ounces so far this October and […]

Did you know that the number of Americans on welfare is higher than the number of Americans that have full-time jobs?  Did you know that 1.2 million public school students […]

Monetary inflation, by whatever euphemism and at multiple stages in its cycle, has clear benefits to some but major disadvantages for the majority. Sadly, the impact of the final leg […]

It appears someone just became convinced that the Fed will not taper today.   On the morning that Deutsche Bank has given 5 reasons why the Fed may stun the market […]