Precious metals news

In this MUST SEE documentary, GoldMoney captures the thoughts and feelings of Cyprus residents after their bank accounts were frozen in March 2013. After seeing their deposit accounts bailed-in to […]

After watching the schizophrenic market reaction to St. Louis Fed Bullard’s remarks Friday, I am amazed that the world doesn’t think we have gone completely insane.  I don’t know how […]

There is a reason why every fiat currency in the history of the world has eventually failed.  At some point, those issuing fiat currencies always find themselves giving in to […]

James Bullard successfully sells markets on an Oct. taper. When will traders learn that it’s not what Fed officials say that matters, but what they actually do? It reminds me […]

What Bernanke did Wednesday, Mises Institute's Peter Klein explains in this excellent clip, was expose that he believes the economy is too fragile to sustain any sort of tapering or […]

Gold and silver have just been treated to another waterfall decline as the banksters take advantage of a delay in the opening of Hong Kong markets due to Typhoon Usagi […]

The Federal Reserve shocked the financial world this week, defying universal expectations.  It failed to start reducing the pace of its third quantitative-easing campaign’s debt monetizations, delaying the long-anticipated QE3 […]

Massive and Increasing Public and Private Debt, $700 Trillion or perhaps as high as $1.2 Quadrillion in Derivatives (see bis.org) and the 2005 Bankruptcy Reform Act, appear to put our […]

At some point, the Fed will either have to put up or shut up.  Talking tapering and then repeatedly not-tapering will only work for so long until they lose credibility.  […]

On this week's Metals & Markets, Turd Ferguson returns to the show  to discuss: Fed lunacy: placing this week's no-tapering and Friday's MOPE with manipulative metals smash into perspective Political […]

One of Einsteins great contributions to mankind was the theory of relativity, which is based on the fact that there is a real limit on the speed of light. Information […]

In a commentary released today on Of Two Minds, Charles Hugh Smith explains how the Fed has painted itself into a corner with its endless quantitative easing. Smith argues that it can't be long before the markets become completely desensitized to the money printing and the whole bubble economy goes kablooey. How do you protect yourself from the fallout of a super nova asset bubble of this size? Avoid dollar denominated investments and look to hard assets like physical gold and silver.
"The trouble with inflating asset bubbles is that you have to keep inflating them or they pop. Unfortunately for the bubble-blowing central banks, asset bubbles are a double-bind: you cannot inflate assets forever. At some unpredictable point, the risk and moral hazard that are part and parcel of all asset bubbles trigger an avalanche of selling that pops the bubble.
This is another facet of The Fed's Double-Bind: if you stop pumping asset bubbles, they pop as participants realize the music has...

Why mince words?  The last 48 hours of price movement are transparent for those with eyes to see (and in the case of the CFTC, maybe a brain to process […]

The implications of the Fed not going ahead with tapering are bad for the dollar and won’t stop bond yields at the long end from rising.  It shows that the […]

First off, I’d like to say that I’m really quite amazed at the degree of “surprise” over the FOMC policy statement yesterday.  Anyone who understands the nature of QE and […]

The U.S. stock market is near all-time highs, while politicians and economists are blathering about recovery, low inflation, and good times, but instability and danger are clearly visible in our […]

The cartel are currently attempting to erase the entirety of gold and silver's no taper surges Wednesday, as both metals have just been shoved down the proverbial mine shaft.

Today's pic of the day/ Friday humor examines why even a $10-$15 billion taper to QE was not possible...

Former World Bank Senior Counsel Karen Hudes says, “It’s pretty clear where we’re headed, and that is something called permanent gold backwardation. That’s a fancy word for people losing confidence […]

In the aftermath of The Fed shocking the market by failing to taper QE Wednesday, igniting a $2 rally in silver and $75 in gold, legendary gold trader Jim Sinclair […]