Precious metals news

CME Clearing Europe Accepts Gold as Collateral PRNewswire - CME Clearing Europe, the sister shop of CME Clearing (US), has broadened the range of collateral it is willing accept to cover margin requirements to include gold. In its own words: "The extension offers additional flexibility at a time when high quality collateral is at a premium and the clearing of over-the-counter derivatives is increasing." Launched in May 2011, CME Clearing Europe is following in the footsteps of CME Clearing, which started accepting gold bullion as collateral back in October 2009. The two clearinghouses are owned by derivatives giant CME Group.  Read Full Article>>   Republicans Back Gold Standard Commission in Tampa CS Monitor - The Republican Party is bringing back the idea of a gold standard to mainstream US politics for the first time in 30 years. The official party platform adopted at the national convention in Tampa, Florida last month calls for an audit of the Federal Reserve and the esta...

Gold at 3-Month High on Safe Haven Appeal Reuters - In the last week of August, the gold spot price climbed to its highest since May and silver rose to its highest since April. The rise was attributed to the potential of a US military strike against Syria and gold's safe haven appeal during times of geopolitical uncertainty. Gold and silver hit $1,433 and $25 respectively on August 28th, while US and Asian stock markets fell on the Syria news. IMF data showing that central banks are still growing their gold reserves may have also helped gold and silver to rise. Read Full Article>>
East Absorbs West's Abandoned Gold The Telegraph - The latest report from the World Gold Council noted that physical gold is being bought by Asian investors at record rates, while western markets have been selling physical precious metals. Westerners sold positions in gold ETFs that triggered outflows of more than 400 metric tons of the physical metal in the second quarter of 2013. In that same p...

Central banks and governments produce nothing.  Governments exist by sucking the financial lifeblood from the same citizens the government is supposed to serve.  At least that was not the way it was […]

What motivated the sudden, overnight change of mind by Obama himself seemingly only hours away from a military strike on al Assad and Syria? It appears to have caught his […]

If “theories” about gold & silver manipulation are proven to be true, the players who conceivably might have been involved include everyone from the president of the United States, chairman […]

While the central banks have been able to prop up the fiat monetary system a bit longer, the fundamental valuations of gold and silver are hidden out of view awaiting […]

Barack Obama promised to fundamentally transform America, and when it comes to health care he has definitely kept his promise. As a result of Obamacare, health care spending is up, […]

Silver continues to see strong store of value demand In India, the U.S. and elsewhere as buyers view the metal as cheap versus gold. U.S. Mint silver coin sales are […]

Gold’s price multiplying by over fivefold since 2001 has unleashed an onslaught of exploration all over the globe.  Countless mining companies, both old and new, have sought to get their […]

Gold and silver are little changed on the week, having survived attempts to push gold lower through the $1300 level and silver through $21.25 on Tuesday. Precious metals are not […]

“This looks to me like 2007 all over again, but even worse. All the previous imbalances are still there. " “’Dangerously Fat Left Tail Risk’: the probability that an Investment […]

Has the gold price hit bottom?  Charles Oliver, senior portfolio manager with Sprott Asset Management, believes that the fundamentals are in place for gold to vault from its downturn—possibly topping […]

In the wake of yesterday's breaking news that the Bank of Panama  has closed for 5 days for a Bank Holiday, we reached out to SD reader PK, an ex-pat […]

What happens when you bring together four of the top minds in the precious metals investing space to share insights from the front lines of gold, silver platinum and palladium […]

TheNewsDoctors.com Exclusive: Open Letter & Petition to CFTC Commissioner Bart Chilton Petition Background (Preamble): CFTC Commissioner Bart Chilton has claimed he stands for honest markets. We, the undersigned, call upon […]

*Updated 4pm EST with notice to customers from National Bank of Panama's website This morning the National Bank of Panama announced that it was suspending all services until Tuesday the […]

In this MUST WATCH interview with Sprott's Ask the Expert, silver analyst Ted Butler discusses how JP Morgan inherited Bear Stearns massive short gold and silver positions in early 2008 […]

For most of his 40 years in the finance industry, Alasdair MacLeod has been de-mystifying macro-economic events for his investing clients. The accumulation of this experience has convinced him that […]

The USTreasury Bond market breakdown is in progress, all part of the general USDollar global rejection that is taking the world by storm. The USFed, the USGovt, and the Big […]

Before the US stopped minting silver coins, the worldwide supply of above-ground silver was approximately nine (9) billion ounces, thanks primarily to the Comstock Lode. Since that time, silver has […]