Precious metals news

Got Gold Report's Gene Arensberg updates subscribers on a dramatic imbalance which has developed in the CFTC commitments of traders (COT) report structure. The video covers the huge imbalance which […]

The dollar gold price hovered just below $1610 an ounce Thursday morning, while stocks and commodities fell along with Euro as disappointing economic data was added to news that Cyprus's banks […]

The Guerrero Gold Belt, a sexy, new, developing mining district in the state of Guerrero, Mexico, has attracted some exciting explorers that have unearthed key discoveries. While several companies have […]

Dr. Ron Paul was interviewed by Fox after the U.S. Federal Reserve confirmed it will continue its QE program highlights the importance of gold as money. On July 13, 2011, […]

Gold and silver launched vertically on Thursday's COMEX open, as Europe's bitcoin hysteria in the wake of the Cypriot wealth tax appears to have finally spread to the only true […]

A rightwing group has submitted more than 106,000 signatures to the federal authorities, seeking a vote on stopping the sale of gold reserves held by the Swiss National Bank (SNB). […]

At this afternoon's FOMC Press Conference in response to a question posed as to whether the Fed would ever impose depositor haircuts as was attempted this week in Cyprus, Fed […]

Ahead of today's FOMC statement (and in light of Eric Sprott's 2nd installment of Do Western Central Bankers Have Any Gold Left?), we thought it a good time to recall […]

In this excellent report by SmartKnowledgeU's JS Kim, JS discusses the attempted theft of 10% of Cypriot funds by the European banksters, and points out that the Western Central banksters […]

Fed leaves QE at $85 billion/month Inflation target 2% Gold & silver raid in progress!2:02 PM Update:  Metals retrace entire algo smash! Full March FOMC Statement is below:

Our friend Sean from SGTReport has released an interview with Harley Schlanger discussing how the Cyprus depositor haircut was merely a test run for the real wealth confiscation events planned […]

Robert Cohen, lead portfolio manager with Dynamic Funds, has been kicking up dust at conferences and in board rooms with his "revolutionary and simple" idea that gold mining companies should […]

Submitted by Bill Holter: Confidence is what makes the world go 'round and nothing else.  The saying that "money makes the world go 'round" IS correct and always has been […]

Argentines are utilizing gold to hedge their savings as economists forecast the peso will lose more value than any currency in the world, and President Cristina Fernandez de Kirchner forbids […]

Submitted by Stewart Thomson: My long-held view is that at the end of this gold bull market, American retail investors will not be lining up in the street to buy, […]

In the wake of the European melt-down in progress thanks to the botched Russian bank heist in Cyprus, the Fed will likely not to be able to afford the luxury […]

BrotherJohnF discusses the impending bank run looming when Cyprus' banks are finally re-opened, and the Pandora's Box that has been opened as a result of the ECB's botched Cypriot/ Russian […]

We are currently in an environment where policy makers are intent on devaluing their currencies in an effort to create growth. Real rates continue to stay negative in most of […]

*BREAKING! Depositor haircut wealth confiscations have just gone from a one-off in Cyprus to the new thing in 2013. The New Zealand government is reportedly pursuing a policy of Cyprus […]

Alena Mikhan and Jeff Clark, part of Casey Research's Metals Team, published a commentary this week countering the bearish sentiment surrounding the recent gold ETF outflows. While investors in the paper market may be selling gold, long-term physical holders are buying record amounts of bullion from the US Mint.
Since January 1, the holdings of gold-backed exchange-traded funds (ETFs) have dropped by nearly four million ounces (125 tonnes). February turned out to be the worst month for the world's largest ETF, the SPDR Gold Trust (GLD), which saw its holdings drop to 39.7 million ounces (1,236.73 tonnes), its lowest level since October 2011.
If this were the only data investors looked at, they might conclude that "everyone is selling" and maybe even that the bull market is over. But these data are misleading.
That's because while ETF holdings are declining, the physical market is seeing robust support. In fact, the US Mint – the bellwether for measuring demand of physica...