Precious metals news

Get real, America.  Pay real tribute to the victims of 9-11 by ending your denial.  End your fear of standing for truth. Turn off the TV when official ceremonies proceed.  […]

In a post on The Tell, MarketWatch contributor Saumya Vaishampayan summarized Peter Schiff's analysis of the upcoming replacement of Ben Bernanke as chair of the Federal Reserve. If you agree with Peter that the Fed can't prevent the coming economic crisis, then he recommends avoiding dollar-denominated debt and investing in hard assets like physical gold and silver.
It doesn’t matter who takes over as the next chair of the Federal Reserve because the central bank isn’t going to slow its monthly asset purchases.

The 32 to 1 gold-oil ratio will turn out to be too conservative when the world switches out of increasingly worthless paper assets and into the precious metals.  We have […]

Tuesday's headlines were all over the map.  Many characterized Russia's proposal to have the UN take control of Syria's chemical weapons stockpile as a positive development.  Other news organizations and […]

The NSA regularly shares raw US intelligence data with Israel without even removing information about American citizens, according to the latest revelation published by the Guardian. The report is based […]

This essay begins with the premise that, for whatever reason, despite your best plans you are unable to stay in your home when TSHTF.  In fact, perhaps you might not […]

The Goldrums of June are giving way to a new dawn for platinum group metals, says David Franklin, a market strategist at Sprott Asset Management. While white metal miners face […]

The upcoming FOMC meeting, press conference, and the taper caper issue are creating modest tension in the gold community, but the gold chart looks very healthy. If Chairman Bernanke stuns […]

Sales of the U.S. Mint’s popular American Gold Eagle bullion coins fell to a six year low in August, while silver bullion sales remained brisk. The drop in gold sales […]

The noises coming out of the Pentagon are getting downright creepy, a flashback to previous off-the-shelf strategy plans from the Iraq war.  Originally, it was widely reported that the Obama […]

Obama has decided to use military force against Syria- apparently regardless of whether Syria turns over its chemical weapons stockpiles to international authorities as originally demanded by the US. Ann […]

In an exclusive interview with IndexUniverse.com, Peter Schiff talked about the inevitable crisis that will result from the Fed's quantitative easing and the eventual collapse of the dollar. Peter explained how important physical gold is as a safe haven asset in times of uncertainty, and why he doesn't expect the Fed to taper the stimulus anytime soon.
Schiff: I don’t see the debt ceiling as the crisis, that’s part of the solution. The crisis is the debt, and the crisis is that we’re going to raise the debt ceiling. We’re going to keep raising the ceiling so we’re going to keep piling more debt on top of the debt that we have.
And, eventually, the crisis comes not because we don’t raise the debt ceiling, but because lenders don’t raise the lending ceiling because they recognize that we’re broke. They won’t want to throw good money after bad, they don’t want to keep lending money to a country that can’t pay back what has already been loaned to it.

Why would anyone expect JP Morgan to change strategies now? It’s possible, I guess, that the banksters might decide that they can get really rich by cornering the right side […]

Taking possession of precious metals and becoming your own central bank is becoming more essential in the current state of world fiat currency unraveling. Fiat currencies lack the hard collateral […]

The massive debt bubble created by our monetary system is about to burst. The demonetization of gold and silver, has over the years diverted value from these metals, to all […]

Did you know that the United Nations has had evidence that the Syrian rebels have been using sarin gas against Syrian government forces since May?  All the way back before […]

In a move that I can only describe as the equivalent of Putin changing Obama's political diapers for him, the Russian President has persuaded Syria to place its chemical weapons […]

COMEX gold inventories are down from 11.059 million ounces at the start of the year to 7.034 million ounces today.  This is worth $9.66 billion at today’s prices meaning that […]

When it comes to diplomacy, Russia is playing chess, Syria is playing checkers and U.S. Secretary of State John Kerry is playing tiddlywinks.  On Monday, Kerry said that Syrian President […]

In his video blog post from Friday, Peter Schiff dissects the latest jobs report numbers and explains how the misleading data proves that the Fed's quantitative easing isn't working. Whether they blame Syria or disappointing economic data, Peter expects the Fed to make excuses to continue its stimulus. He spells out why physical gold will perform well no matter what happens.
The gold market has sold off on anticipation of a taper. But even if the Fed does taper, I think we get a rally… Okay, so the Fed tapered, so what? It's still got cheap money, it's still going to keep on coming. Buy gold. So I think gold rallies on a taper, but I think it can have an even bigger rally on a non-taper, as people realize that the taper they baked into this gold cake isn't going to happen. Instead, we're getting even more QE. Either way, gold rallies."