Precious metals news

It appears Obama is attempting to turn on his bankster handlers, as news Friday surfaced that Mary Jo White, the prosecutor who busted the NY mob has been tabbed to […]

An SD reader has sent us his notification of cancellation of auto insurance from GEICO effective 1/22/13 due to the fact that "the vehicle does not meet our underwriting guidelines […]

By SD Contributor SRSrocco: What is taking place in North Dakota is the same thing that took place during the 1848-50's California Gold Rush.  And that is a Big Migration […]

The World Gold Council and leading academics and international think tanks believe that using a portion of a nation's gold reserves to back sovereign debt would lower sovereign debt yields […]

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Over the weekend we gave SD readers a unique inside look at the developing shortage in silver from a wholesale perspective. On Monday, we updated readers that the shortage appeared […]

Last week, the entire nation avoided the biggest metals scam in history when the Treasury Department announced that it would not mint a trillion-dollar platinum coin to reduce the government’s debt. The platinum price has been rising, and is expected to perform better than gold this year, but there still isn’t enough of the stuff above ground to mint a coin that is actually worth $1 trillion. If the Federal Reserve had accepted such a coin as payment, it would surely have been the greatest swindle in the history of modern economics.
Actually, on second thought, it wouldn’t have been much of a swindle at all. Printing a trillion-dollar coin would have simply been a more honest approach to what the government and the Fed have been doing for years: printing money that doesn’t exist and has no real value underlying it. Instead of minting coins or bills in outrageous denominations, the Fed simply “buys” government debt by typing a big number into a computer and – voila! Suddenly the ...

Frank Holmes, a Seeking Alpha analyst, published an interesting commentary today, examining some under-reported bullish facts about gold in relation to other commodities and the stock market:
"While the precious metal did not shoot the lights out in 2012, gold's bull rally goes on. It ended the year up 7 percent, making it a phenomenal 12th year in a row that gold rose in value. In a special gold bar version of the Periodic Table below, you can easily see gold's rotation among the commodities from year to year.
What's fascinating is the three-year rising pattern relative to other commodities that emerges when you focus on the bars. Over the past 10 years, gold has risen in position compared with the others for three years in a row, then fallen in relative position in the fourth year before repeating the cycle. Will it follow the same pattern and be in the top half of the Periodic Table in 2013?"

California Senator and concealed weapon carrier Dianne Feinstein unveiled her draconian fascist gun ban today, in a spiritually hyped assembly that literally broke Washington DC gun laws by displaying dozens […]

CFTC Commissioner Jill Sommers, who is famous for voting in favor of TBTF bankers interests nearly 100% of the time has just announced her resignation from the CFTC. In other […]

The editor of Marketupdate, a Dutch website about gold, silver, currencies and the financial crisis has sent us 2 MUST SEE charts documenting Russia official accumulation of gold reserves from […]

Our friend Sean from SGTReport has released an interview with Mike Krieger of LibertyBlitzkrieg.com discussing the perceived silver shortage – is it real, or just hysteria? Is Apple really having […]

By SD Contributor SRSrocco: As I stated in the title... the Mining Industry is always one step behind.  Now that they are COMING CLEAN with CASH COSTS... they still haven't […]

“Everyone should keep gold in their portfolios” as the precious metal will be able to offer value to investors even in a worst-case scenario, said Marc Faber, the publisher of […]

Fraud and criminal conduct were at the heart of the financial crisis. More than 4 years later, no one has gone to jail, and no one has been held accountable. […]

Germany recently announced it was moving some of its gold back to the homeland. Investment manager Tom Cloud says, “People are starting to pull away and take care of themselves. […]

Legendary gold trader Jim Sinclair sent subscribers a shocking and MUST READ email alert last night regarding the possibility that the dollar as reserve currency will enter the initial stages […]

The Morgue's Jamie Dimon blasted financial regulation in the wake of the 2008 financial crisis today at Davos, dropping this beauty of a quote:  Businesses can be opaque. They are […]

The Doc and Turd Ferguson from TFMetalsReport sat down with AltInvestors last night for another round table interview focusing on the implications of the Bundesbank's recent gold repatriation request.  Doc […]

HSBC has quietly moved into acquiring large amounts of silver bullion. The bank has secured another deal to buy silver bars from KGHM which brings their total purchases of silver […]