Precious metals news

Precious metals markets are now the Wild West: a lawless territory where the Judges are bought and paid for, and where brutal and rapacious men are allowed to pillage the […]

The head of Goldman Sachs' commodities research area yesterday announced in headline-grabbing fashion that gold was a "slam dunk" sell.  What's truly stunning about this is that during the 2nd […]

Brett Arends of the Wall Street Journal and Marketwatch asked the U.S. Treasury if they would consider selling some of the country’s gold reserves to pay the bills if the budget crisis escalates […]

With an official US debt default growing closer by the hour, Jim Sinclair has sent yet another email alert to subscribers warning them to hold on to their gold bullion, […]

Gold is a “slam dunk” sell for next year because the U.S. economy will extend its recovery after lawmakers resolve stalemates over the nation’s budget and debt ceiling, Goldman Sachs […]

Forbes published an eye-opening op/ed by Keith Weiner of the Gold Standard Institute today. Weiner first looks at the government's historical data on the costs of consumer goods and employee salaries. He then looks at the same data in terms of gold ounces, revealing that American workers are laboring longer for dramatically less pay than their parents. Not only that, but their purchasing power has also plummeted since the 1960s, before Nixon completely severed the US dollar from the gold standard.
"By switching to gold, we can measure both wages and prices on an absolute scale—in ounces—and we can make precise comparisons. To convert the price of anything to gold, just divide the price by the current gold price. For example, in 2011 if a big-screen TV was $785, then divide that by the gold price of that year; the television set cost half an ounce of gold.
The bottom line is that, in terms of gold, wages have fallen by about 87 percent. To get a stronger sense of what that me...

In the Keiser Report, Max Keiser and Stacy Herbert, discuss the good news for the economy as compensation payments for fraud trickles into the local economy and then they introduce […]

Rick Rule:  “Eric Sprott…is as aggressive as I have seen him since the year 2000…he is as is his style, the style that has made him a billionaire, very aggressively […]

Do you know anyone that has been able to get past all of the glitches and sign up for health insurance using one of the Obamacare websites?  Thousands of applications […]

You can forget about any default in the debt ceiling crisis. Former Assistant Treasury Secretary Dr. Paul Craig Roberts says, “The debt ceiling will be raised. No government wants to […]

At this stage in the super-crisis, rising bond prices are bullish for gold. That should change, but not for several years. Demand for silver could be even stronger than for […]

A video excerpt of Episode 4 of Mike Maloney's Hidden Secrets Of Money. In this short section - we discuss the core reason why the Debt Ceiling debate is a complete delusion, and why politicians will always kick this can down the road.

The WSJ is reporting tonight that Obama is set to announce ultra-dove Janet Yellen as Ben Bernanke's replacement as Fed Chairman(woman) in a Wednesday afternoon press conference. While gold and […]

A SilverDoctors Exclusive: I thought I would opine on JS Kim's recent SD editorial- Breaking Bad With Big Bank CEO's.  You've  probably read Kim's work.  Many like us lived what he has spoken […]

Jeff Nielson from Bullion Bulls Canada join the SGTReport for an in-depth precious metals and monetary Ponzi update. We discuss the absurdity of the CFTC declaration that there is no […]

Jim Willie, Publisher of the Hat Trick Letter, thinks, "Reversal in the Treasury bond market could be a death blow for these zombie New York banks . . . These […]

The USPS at its finest. And Congress and the MSM can't fathom why the USPS is bankrupt...

A U.S. debt default that lasts for more than a couple of days could potentially cause a financial crash unlike anything that the world has ever seen before.  If the […]

The October 17 deadline to raise the $16.7 trillion debt limit is approaching fast and concerns about an unprecedented default have been expressed by well known and politically connected investors […]