Precious metals news

The South Korean government said today it plans to set up a spot gold exchange by the first quarter of 2014. The South Korean gold exchange, will be open in […]

Both gold and silver gapped up Monday- both on the overnight Asian session open when gold sliced through last week's capping at $1300, and silver through the cartel's cap at […]

*UPDATED 2:45pm Sunday: A journalist on scene on Wall Street this evening has just sent us footage of a massive fleet of Firetrucks and ambulances in front of the JP […]

Many are the signals of breakdown, in the financial system and the Gold market. The day is near for release of gold from under the thumb of the criminal bankers.  […]

Submitted by Adam Hamilton, Zeal Futures speculators have responded to this year’s extreme bearishness plaguing gold by amassing wildly-outlying record short positions in it.  These huge and highly-leveraged bets can […]

“Highly accommodative monetary policy for the foreseeable future…”   Ben Bernanke, Fed Chairman, 7/10/2013 and 7/17/13 With the aforementioned statements Bernanke’s Fed took yet another Giant Step toward unleashing The Big […]

Silver appears to be “carving” out a rounding bottom formation against gold. Note the MACD indicator, which is trending higher. Gold bullion tends to lead silver at the start of […]

German financial journalist Lars Schall has released a MUST LISTEN interview with William Kaye, the Senior Managing Director of the Pacific Alliance Group of Companies in Hong Kong who made […]

Are you a conspiracy theorist?  If not, perhaps you should be.  Yes, there have certainly been a lot of “conspiracy theories” over the years that have turned out not to […]

Introducing LOVE!! The Sixth and Newest coin in the Silver Bullet Silver Shield Series. With a stunning design and message that speaks volumes. This new addition to the series is […]

Forbes published an excellent summary of Ben Bernanke's congressional testimony this week, highlighting the Fed Chairman's ridiculous flip-flopping as he answered questions with whatever story suited his needs - one minute the economy is recovering, the next it isn't doing so hot.
"In his semi-annual testimony before the House Committee on Financial Services, Fed Chairman Ben Bernanke was very clear about how the central bank engages in quantitative easing. We are printing money, just not literally, the Chairman told policymakers, while contradicting himself regarding recent record highs in stock markets, first attributing them both to the strength of the economy and the impacts of monetary policy. The market didn’t seem to care, rallying tepidly upon the release of the prepared remarks and remaining range-bound through most of the session.
‘Where does the Fed get the money to buy [assets],' Congressman Keith Rothfus asked the Chairman. ‘Do you create the reserve...

More economic data was released on Monday which further reinforces my contention that entire economy is in a serious decline.  In fact, based on several recent economic reports, it's probably […]

Can you support a family on $2,000 a month?  Recently, McDonald's and Visa teamed up to launch a website that is intended to help employees of McDonald's manage their money.  […]

I had the opportunity this week to reconnect with Peter Schiff, CEO and Chief Global Strategist of Euro Pacific Capital. It was a powerful interview, as Peter indicated the Fed is […]

As the FED turns up the heat in the central bank frying pan, the frogs (public) don’t realize they are being cooked to death by inflation. Unfortunately, we are well […]

The "coming economic collapse" has already been happening.  You see, the truth is that the economic collapse is not a single event.  It has already started, it is happening right […]

1

In testimony yesterday on Capitol Hill before the Senate Banking Committee, Federal Reserve Chairman Bernanke remarked: “Gold is an unusual asset. It's an asset that people hold as disaster insurance. […]

Rabobank has just followed in the footsteps of ABN Amro which effectively defaulted by halting deliveries of gold bullion in April, as the Dutch bank will close customers' gold accounts […]

By Peter Schiff
I am a well-known "gold bug" because of my strongly voiced opinion that gold has been one of the best assets for protecting yourself from the US dollar's prolonged decline.
Lately, the precious metals have taken a beating, and I've been called to defend gold's future prospects in the media countless times. While I am confident that gold will rebound with a vengeance before long, I think investors are potentially missing an even greater opportunity in that other monetary metal: silver.
To address this oversight, I have compiled a special report called The Powerful Case for Silver, which is available at www.schiffsilver.com. This 14-page report report contains in-depth analysis of what I believe to be the strongest arguments for owning the white metal. What follows is a general overview of the key arguments I make in the report.