Precious metals news

We thought it was time to bring back the Friday Caption Contest!

While the average American likely owns nearly $6,000 in flatscreens, i-phones, and i-pads, the AVERAGE German reportedly owns nearly €6,000 worth of PHYSICAL GOLD! Like Scrooge McDuck or the dragon […]

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By SD Contributor SRSrocco: A few days ago, I presented a table on the top silver miners COST OF SALES ratio. I have put together another one showing the OPERATING […]

Because it is totally normal for a globally traded commodity's chart to be nearly an exact mirror image from the prior day's trading, tick for tick. Presented without commentary.

By Valentin Petkantchin
You may be among those investors who had the opportunity, but did not seize it, to buy gold cheap in the early 2000s. You may also be willing, but hesitant, to do so at current prices, while still desiring the "anti-crash insurance" it represents.
However, you should be aware that the yellow metal is increasingly valued as a reserve asset, which will tend to push the price up, independently of all other factors. Due to new regulations, you may also have to bid in the future alongside financial institutions, including several banks, to acquire it.
First, let's take a step back, at least as it regards central banks' attitude towards gold. The fact is that it has considerably changed. Central banks, which had sold gold for decades, have become - for the "first time in 21 years", dixit the World Gold Council - net buyers in 2010, i.e. the total quantities purchased by them have exceeded the quantities sold.

The legendary Jim Sinclair has sent an email alert to subscribers regarding the blatant gold and silver manipulation in the wake of Wednesday's QE4 announcement. Sinclair states that the Fed […]

By SD Contributor SRSrocco: GOLD COSTS RISE 23% IN 2011, BUT SILVER COST FALL 7%... SO WHAT, ITS OLD NEWS! This was the data put in an article Restless investors […]

David Morgan's ResourceInvestor.com has released a 4 minute clip with Ryan Jordan, author of Silver- The People's Metal on why modern portfolio's should hold tangible assets such as PHYSICAL SILVER […]

Paul Craig Roberts was Assistant Treasury Secretary in the Reagan Administration, and he warns, “America is going to crash big time.” Dr. Roberts says, “The real problem is not the […]

The post QE4 MOPE raid in gold and silver continues today, with the cartel moments ago sending silver down another waterfall to $32.19, and gold to $1688. With the Fed […]

Gold fell nearly 1% in illiquid markets in Asia overnight. Some traders may have decided to take profits on the short term long the FOMC announcement trade. Gold bullion prices […]

GATA has obtained an IMF report from 1999, which reveals that over 80 central banks had lent at least 15% of their official gold reserves into the market.  This gold […]

The manipulation of gold and silver prices by the Western bullion banking cartel is all about the management of the perception of economics. Investors MUST NOT protect themselves from currency […]

BrotherJohnF's latest Silver Update: Collectivist Collapse

Welcome to Capital Account. It's Federal Reserve Interest Rate Decision day! As expected, the Fed announced it will expand its bond-buying program with 45 billion dollars a month in longer-term […]

By SD Contributor SRSrocco: Well, it didn't take long for market prices and reality to set in on Cheseapeake's earnings. In the chart below, you will notice that Chesapeake's revenues […]

As expected, today the Fed announced it will expand its balance sheet by continuing to purchase long-term Treasuries after Operation Twist expires. The Fed remains committed to buying government debt and keeping interest rates near zero until unemployment drops to 6.5%, which it admits probably won't happen until 2015. Surprise, surprise, gold prices rose on the news, and the dollar fell.

GoldMoney Chairman James Turk outlines the reasons why "everyone should have a precious metals portfolio."  James outlines the stark fiscal facts about government debt problems across the developed world, and […]

QE∞ is now QE∞er, and QE4 is official as the Fed announces $45 billion in NEW unsterilized monthly treasury bond purchases, exactly as expected by the market. FED INCREASES QE […]