Precious metals news

Eric Sprott's Sprott Asset Management has just sent subscribers it's monthly Markets At a Glance newsletter.  As always, Sprott's latest is a MUST READ!! The figure to the right is […]

In his latest update, Greg Mannarino discusses the massive rise in commodities prices, and states that when the debt bubble finally bursts, commodities prices will skyrocket.  Funds will pour from […]

The storm of the century may cause up to $100 billion in damages according to meteorologists.   Please remember your personal safety (as well as your loved ones) is invaluable […]

*Update- Sandy expected to flood the subway system late Monday evening as a storm surge of 10-12 feet is expected to overwhelm Manhattan's 5 ft seawalls. Watch Hurricane Sandy roll […]

The first man in line gets his gold.  Perhaps Germany should consider requesting the repatriation of all 2,500 tons, rather than a mere 150? The Bundesbank said the Federal […]

Economist Michael Pento says forget the “Fiscal Cliff” you have been told about. Pento charges, “The real ‘Fiscal Cliff’ is the coming currency and bond market collapse.” Pento says if […]

The legendary Jim Sinclair has sent the following email alert to subscribers this morning, in response to a reader inquiry as to why Sinclair believes the economy would immediately roll […]

With the US attention focused on Hurricane Sandy, gold and silver were unsurprisingly smashed again early Monday, with silver down .60 to $31.58, and gold down around $5 to $1707.  […]

The NYSE has released an update that not only floor trading, but the entire NYSE & NASDAQ equity markets will be closed in the US on Monday, and pending confirmation, […]

The NYSE has just announced an indefinite suspension of floor trading beginning Monday due to Hurricane Sandy and the State of Emergency/ evacuation orders issued in the vicinity of the […]

A National Guard whistleblower has reported that National Guardsman have been briefed by superiors on plans to confiscate guns and target doomsday preppers as domestic terrorists in the event of […]

Submitted by Deepcaster: It looks like the Fed decision last week to buy $40 billion a month in mortgage paper is the ultimate plan to clear the market once and […]

The Deutshe Bundesbank has responded to inquiries regarding holding the majority of Germany's gold reserves in Paris, London, and New York. The Bundesbank is apparently attempting to calm the panic […]

By SRSrocco: PEAK SILVER??? There is this notion that if a mine can produce more silver per ton, it will be able to generate more profits.  Unfortunately, for Alexco Resources […]

First Venezuela, then Germany, and now the Netherlands want their gold back. In the wake of this week's ruling by the German Federal Accountability Office that Germany must repatriate and […]

Submitted by Morris Hubbartt: For several weeks, my US dollar analysis has been focused on daily charts. The dollar's current counter-trend move has not taken the price above 80.50. I […]

Jim Rogers is in studio tonight with Capital Account's Lauren Lyster discussing why he is going short US treasury bonds, is bearish on JP Morgan, and discusses doubts in JPM's […]

While not nearly as common as overpriced numismatics, every now and then the precious metals investor will come across the opportunity to purchase natural gold nuggets. While they may be appealing at first glance, these opportunities are just another distraction from the real purpose of investing in precious metals: as a long-term, liquid store of wealth.
Often these natural nuggets are called “placer gold,” which are basically deposits of gold that have found their way to the Earth’s surface, either in the silt of a riverbed or the topsoil nearby. When you think of the classic image of a '49er panning for gold, this is the metal he is looking for. The gold can range in size from the tiny flakes you might find floating in bottles in souvenir shops to substantial nuggets weighing several grams or more.

Submitted by Marshall Swing: Silver COT Report 10/26/12 Commercial paper stacks sold off a small 435 longs on the week but led short covering raids utilizing -2,030 shorts to drop […]

In what is rapidly becoming the biggest cover-up in US history, reports have surfaced that former President Clinton as well as her legal team have advised Secretary of State Hilary […]