In Japan, gold bullion demand in 2013 is twice the levels seen in 2012. Japanese gold imports have doubled to 7,686 kilograms from January to May verses 2,994 kilograms the […]
BrotherJohnF discusses Friday's BLS metals smash, gold & silver's technicals, and recent reports of 100 day delivery delays at the LME in his latest Silver Update: LME & LBMA:
“The compounding debt is the monster that is eating the U.S. The only way out is to renege on the debt or try to pay it off with inflation or […]
What would you do if you knew that the government had tapped all of your phones, was watching everything that you do on the Internet and was keeping a copy […]
As gold has plunged in the past couple months, yields on benchmark US 10-year Treasury Notes have soared. Many Wall Street analysts claim these rising long rates are very bearish […]
The Federal Reserve chairman recently talked about reducing QE. The bond market was looking a little toppy before he spoke, but now it looks like a huge bear market may […]
Next week and over the rest of the summer, it's going to become harder for the Government to lie about what's really going on the economy as the evidences of […]
As the Independence Day weekend continues, we thought it apropos to post a screen capture of what has been trending on twitter in honor of the 4th of July, celebrating […]
The stage is set for the large bullion banks to profit from a rally. Expect a rally. The silver and gold markets are deeply oversold and sentiment in both markets […]
Were you under the impression that your credit card transactions are private? If so, I am sorry to burst your bubble. As you will see below, there are actually multiple […]
Hard asset expert Tom Cloud has spotted a clear trend with “the lions share” of his 2,000 high net worth clients. Cloud says, “I had a client the other day […]
In this excellent interview with GoldMoney's Félix Moreno, ShadowStat's John Williams explains how inflation measures are faring since the 2008 crisis, why the money supply hasn't exploded, and how the […]
NFP + 195k killing expectations of +165k Official unemployment rate holds at 7.6% Underemployment rate soars to 14.3% Metals smashed as expected, silver smashed back to $18 handle, gold towards […]
On Independence Day, as Americans see more and more of their rights trampled and destroyed by the day, millions of Egyptians have gathered in the streets to try to secure […]
Whenever any form of Government FIAT currency becomes destructive to these ends, it is the Right of the People to alter or abolish it, and to institute a new monetary system based on […]
Chris Duane discusses the demise of the petro-dollar and the most stunning development in silver market- the massive acceleration of India's purchase of silver in the wake of the Indian […]
Why has the United States been bugging the offices of EU diplomats on both sides of the Atlantic? European officials are absolutely seething with anger about reports that the NSA […]
Would you be angry if you had to pay a big Wall Street bank a fee before you could get the money that you worked so hard to earn? Unfortunately, […]
Why would Barack Obama want to help al-Qaeda take over Syria? Why in the world would he want to spend hard-earned U.S. tax dollars to arm jihadist rebels that eat […]
By Peter SchiffGold's second quarter price plunge is now the largest on record, dropping 23% in the last three months to finish a little over $1,200. Wall Street is gloating that a new metals bear market is upon us. A Duke professor even forecast gold returning to its "fair value" of $800 or lower. Naturally, he was quick to point out that he wasn't offering investment advice, only academic speculation.For those of us who examine commodity fundamentals, the overwhelming conclusion is that the yellow metal simply cannot stay at these low prices for much longer. Gold is nearing a point at which miners are forced to scale back their operations, thereby pinching supply. Not only is diminished production likely to halt gold's downward trajectory, but an imminent supply crunch could also propel gold back to new highs. The likelihood of a strong rebound is supported by both a struggling mining industry and gold's performance during the last great bull market of the 1970s.