Precious metals news

Submitted by Deepcaster: The Prospective Rigging of the CPI Calculation for Social Security recipients would , yet again, make the “Official” CPI even further removed from The Inflation Reality.   The […]

Submitted by Marshall Swing: Gold & Silver COT Report 12/21/12 Commercial longs rose 832 while shedding 1,752 shorts to end the week with 48.09% of all open interest, an imperceptible […]

Submitted by Morris Hubbartt: The pullback in silver this week brought the important RSI indicator back down to the key 30 area.  Silver is one of my favorite long term […]

Submitted by Adam Hamilton: Silver has been selling off relentlessly since the Federal Reserve expanded its third quantitative-easing campaign last week.  As that decision was highly inflationary, silver’s subsequent weakness […]

While we have posted this previously, we thought it apropos to re-post the CFTC's Mission Statement at the end of a week that saw the most blatant and egregious market […]

Silver guru David Morgan, who previously stated he didn't see silver trading under $30 ever again, discusses whether the metals have bottomed, and his outlook for gold and silver over […]

The latest report from the Silver Institute reveals what most participants of the silver market suspected- China has become the largest physical market for silver in the world. The report […]

The legendary Jim Sinclair, who yesterday advised readers that the current take down in the metals market is The Great Train Robbery, in which the Goldmans of the world are […]

By SD Contributor AGXIIK: The tale of the silver boom ended badly for the Hunts when the Federal  Reserve, Justice Department, Saudi kings and others with a real desire to […]

Economist John Williams thinks the economy is in worse shape than most people think. In 2013, Williams predicts, “As this goes forward, you’re going to see we’re going to be […]

Iraq quadrupled its gold holdings to 31.07 tonnes over the course of three months between August and October, data from the International Monetary Fund showed on yesterday. The IMF's monthly […]

This isn't the first one and it won't be the last. But, in my view we getting near the end of this particular Comex paper raid. I suspect that at some point in the next 3-6 months that gold and silver will be started on their way to new all-time highs.

While the older generation of politicians and central bankers seem intent on spending the United States into insolvency, perhaps the younger generations can learn from the past. Travis N. Taylor published an op/ed in the Washington Times this week calling on 18-29 year-olds to support a return to the gold standard:
"Although the federal government’s gross inability to balance a checkbook is a cause of great concern, it remains true that “all politics is local.” Few people can pay attention to Washington’s “fiscal cliff” when they are struggling to provide for the well-being of their family.
Millennials must encourage the return to a precious-metals-backed monetary system. Regardless of difficult-to-understand technical terms, there is plenty of empirical evidence that a departure from the gold standard has shattered our monetary system. The United States officially ended the gold-backed dollar standard in 1971. This offers a bright line of distinction for examining the issue...

The legendary Jim Sinclair (who called the current bull market before anyone over a decade ago) has long maintained that the bullion banks would make the lions share of the […]

In the face of this week's massive cartel intervention knocking down the metals in the wake of QE4, James Turk has just revised his $8,000 gold target- but NOT to […]

It's that time of the morning again for the COMEX open waterfall smash of gold and silver, a daily occurrence in the now week-long post QE4 massive cartel intervention in […]

With the media fixated on the fiscal cliff, no one seems to be noticing the fact that the FDIC's expanded 100% coverage for insured deposits ends January 1st, 2013. Submitted […]

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Silver will rise as much as 29% to $40.25/oz, from $31.10/oz today, in 2013. This is based on the median estimate of 49 analysts, traders and investors compiled by Bloomberg. […]

Submitted by Stewart Thomson: The election of the new Prime Minister of Japan, Shinzo Abe, may be a “watershed” event.  His powerful commitment to unlimited quantitative easing could fundamentally jumpstart […]