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Precious metals news

    Finland preparing for euro breakup
August 17, 2012
Once the European debt crisis is resolved one way or another the focus will shift to the UK and the US. California announced Thursday it's deficit is 10% higher than […]
We have a little levity for our readers on a slow Friday afternoon. SELL YOUR SILVER AND BUY ZIMBABWE CURRENCY. TEACH YOUR KIDS AND GIRLFRIENDS. WAKE SOME PEOPLE UP!
If the banksters could pimp their own mothers and daughters for a buck they would. Perhaps those now forced to sell their life-insurance policies to the ‘financial innovators' should have […]
    China Makes Takeover Bid for Barrick
August 17, 2012
China continues to extricate itself from the US dollar daily, as well as create a stranglehold on natural resources throughout Africa.  The state-owned China National Gold Group Corporation has made […]
Billionaire George Soros' 13-F report filed with the SEC reveals Soros has just sold his entire equity position in financial stocks (over 1 million financial shares) and converted the entire […]
Clearing derivatives may help going forward, but it does nothing for the $1.26 quadrillion weapon of mass destruction already sitting on the balance sheets of The Morgue, the Vampire Squid, […]
    Maples As Low as $2.09 Over Spot!!
August 17, 2012
Doc's Deal Of The Day 2012 Canadian Silver Maple Leaf AS LOW AS $2.09 OVER SPOT!! >1000 ounces $2.09 over Spot >500 ounces $2.19 over Spot 100-499 ounces $2.29 over […]
CME Europe has just announced that it will now accept gold as eligible collateral for clearing, stating in a press release that it ‘has extended the range of eligible collateral […]
Barrick Gold Corp, the world's top gold miner, is currently in negotiations with China Gold Corp, China’s top gold producer, about selling part or all of its holdings in its […]
Sprott Money has brought silver guru David Morgan in for the 2nd installment of Ask the Expert. Morgan states he expects silver to end 2012 between $35 and $40 an […]
    Pic of the Day: The American Mob
August 16, 2012
In response to our post this morning that according to former SigTARP inspector General Neil Barofsky, ‘Geithner Admitted To Us That Obama’s Housing Policy Was DESIGNED To “FOAM THE RUNWAY” […]
The Baltic Dry Index appears to have made a perfect double top, and is currently rolling over, well within its sustained downtrend, and appears ready to make new all-time lows […]
Former SigTARP inspector general Neil Barofsky has informed MSNBC that Treasury Secretary Timothy Geithner informed him privately during the financial crisis that President Obama's housing policy was ‘designed to sacrifice […]
If the first three days of this week are any indication, the HFT algo day trading bots are literally the only traders left in the silver futures market.  We understand […]
 Doc's Deal Of The Day 100 ounce Johnson Matthey or Engelhard Silver Bar AS LOW AS 69 CENTS OVER SPOT!! >5 Bars           69 Cents Over […]
The World Gold Council released its quarterly report today. Accumulation of gold bullion from central banks was the bright spot in demand last quarter, as total demand fell 7% globally, […]
    Silver Update: Sleeping Sentinels
August 16, 2012
BrotherJohnF's latest Silver Update: Sleeping Sentinels
Welcome to Capital Account. As the economic crisis unfolds, and we see evidence of ‘crony-capitalism’ and ‘corportasim’, we wonder if capitalism even still exists. Our guest, Richard Duncan, believes we […]
41 years ago today, on August 15, 1971, President Nixon took the world off the gold standard at Bretton Woods. Happy 41st Anniversary to the entirely fiat world Keynesian monetary […]
Today's animated metals update discusses the Saudi recall of citizens from Lebanon; George Soros exiting his position in Citigroup, Goldman Sachs and JP Morgan; Trader Dan's analysis of the rate […]