Precious metals news

After MtGox halted trading for 12 hours to allow the market to “cool down”, trading resumed at 10pm EST tonight. Not surprisingly, the digital currency immediately plunged another 35% to […]

COMEX registered silver inventories have fallen off the proverbial cliff this week, as registered supplies have dropped a massive 10% in the last 48 hours!  Nearly 4 million ounces of […]

The contagion in the Eurozone is like hypothermia.  The peripheral countries of the Eurozone are frozen; frozen out of the capital markets, with little capital flow inside the country. They […]

By SRSrocco: Fundamentals always win out in the end.  It doesn't matter if you take the WARNING GAUGE out of your vehicle because it is showing an overheating engine.  It […]

Trading in Bitcoin has been halted for 12 hours to allow the market to "cool down" per Mtgox after crashing to $79 this morning. That should help instill confidence in […]

You want to know why gold and silver prices are down? Listen to former Assistant Treasury Secretary Paul Craig Roberts. He says, “When gold hit $1,900, the Federal Reserve panicked […]

Epic drainage of physical silver inventories continued Tuesday, as 17.3% of CNT's physical silver inventories vaporized for the 2nd consecutive day, cutting CNT's physical silver inventories by 1/3 in only […]

Peter Schiff was back on CNBC Wednesday, and discussed gold's latest raid, and The Vampire Squid's latest Muppet call for a major decline in gold.

Wednesday afternoon, Reuters reported that Cyprus had agreed to sell 75% (approximately 10 tons) of its gold reserves in order to secure ECB/IMF financing.  In response, the paper gold market […]

Just a few hours ago Bitcoin was soaring to new all-time highs at $265, a double since Monday.   In the last 2 hours however, the virtual currency has collapsed over […]

Soros’ yen “avalanche” would appear to have begun with the yen having fallen by 9.5% against gold in 5 trading days since last Thursday leading to record nominal highs in […]

There's a lot of misinformation circulating about the supposed economic woes caused by the now-defunct gold standard, and the supposed economic boons created by New Deal government spending in the 1930s. Brian Domitrovic's recent op/ed in Forbes exposes the errors of some of the highest profile gold detractors in the media. He points to the data that proves the gold standard actually promoted real economic growth and stability. Do you have friends who doubt gold and claim a gold standard is dangerous and impractical? Make sure they read this article!
"Legitimate history of the gold standard, and its real simulacra, will inevitably sing of broad prosperity, growth, and opportunity. Skidding, international breakdowns, and affluence forsaken will be what attends “abolishing” and otherwise finessing the gold standard. (By the way, the worst year in American economic history was clearly 1933, one year gold was in fact abolished.)"

Earlier this week Doc's Deal of the Day email subscribers received an exclusive offer to purchase a limited edition SBSS round with the purchase of any other bullion product. If you missed out on the opportunity, […]

Our "leaders" are flying completely blind through a financial hurricane of their own making!  There are no blueprints, no maps, not even an "owners manual" to refer to. We collectively […]

Submitted by Stewart Thomson: Time in the congestion pattern “hourglass” is running out quickly, and a trending move, either up or down, will begin very soon. From a technical standpoint, […]

Dont-Tread-On.me's Chris Duane discusses why he believes silver is the #1 asset to own in the world, and why he has literally sold the house to go all-in on silver, […]

Moments ago gold was treated to a $15 waterfall decline, smashing it back towards $1550 support.  Astonishingly, the cartel monkeys appear to have forgotten to include silver in the attack. […]

In this tremendous interview with our friend Eric Sprott, Patrick MontesDeOca chats with the CEO of Sprott Asset management with $10 billion under management. In this interview Eric gives us […]

A breaking Reuters report has revealed that to what should come as no surprise to SD readers, buried in the Troika's bailout of Cyprus, is a stipulation that Cyprus hand […]

The FOMC has just released their minutes early (scheduled release was 2pm EST) due to a leak of the minutes. The MOPE continues, with the FOMC members reportedly stating that […]