Precious metals news

Well, it looks the second quarter is turning out to be a real killer for the miners.  SilverCorp Metals just released their Q2 2012 financials, and it was a slaughter.  […]

Newsmax has released an excellent interview with our friend Eric Sprott of Sprott Asset Management. Sprott shares our recent sentiments that the Fed is not likely to announce QE3 at […]

After the post NFP smash sub $27 to $26.96, silver has just popped vertically by $1 on no news to $27.84. The first burst took the metal to $27.50 where […]

South Korea increased its gold reserves by 16 tonnes in July, a 30% increase in a single month! The dollar's death by a thousand cuts is enduring massive flesh wounds […]

John Butler, Chief Investment Officer at Amphora Commodities Alpha and publisher of The Amphora Report, talks to GoldMoney’s Alasdair Macleod about how America’s debt problem and political gridlock in Washington […]

Doc's Deal Of The Day Day Two Of The Maple! 2012 Canadian Silver Maple Leaf AS LOW AS $2.14 OVER SPOT!!  Call Now To Order At 614-300-1094 Don't Forget To […]

The only REAL money you're likely to see in London currently are silver medals. The elite have established an entirely cash-less system around London for the 2012 Summer Games.  Don't […]

Gold traded sideways on Friday, hovering after its 4 days of losses when the European Central Bank fell short of any immediate bold action to help the Eurozone debt crisis. […]

 NFP +163,000 on expectations of + 100,000 Official Unemployment Rate rises to 8.3% Full time jobs: -197,000 Silver slammed below $27 to $26.96, gold to $1584

Welcome to Capital Account. The dark Knight rises as dark pools of liquidity traded by robot computer algorithms went awry and threatened Knight Capital’s stability, costing the firm $440 million. […]

BrotherJohnF discusses the algo flash crash of Knight Capital in his latest Silver Update:: The Dark Knight

The CME announced after today's close a 10.7% REDUCTION in silver initial and maintenance margins effective Monday 8/6/12. Initial silver margins cut from $18,900 to $16875, and maintenance margins cut […]

By Peter Schiff
Where is the gold price today? If you're like many Americans, you have no idea whether it went up, down, or sideways. Fortunately, I know my readers to be more informed - you likely know that after falling from almost $1900, gold has been trapped around $1600 since early May. But you may still be curious why despite continued money-printing and abysmal US economic reports, gold hasn't been able to hit new highs.
Here's the truth: gold is currently priced for collapse. Many investors believe the yellow metal has topped out and are selling into every rally.

I'm in Shanghai, and the "China Miracle" is in full bloom. Few variables are more important in the world of metals investment than the strength and sustainability of the extraordinary bull run the Chinese economy has enjoyed for years. So many pundits, critics, and cheerleaders keep pouring out opinions on this question that they saturate the news - but leaves no one the wiser.
I'm sorry to say that, as arrogant as I am, I do not have quite the hubris to tell you that I have figured China out and know what is and will be.
But I can tell you that I've traversed China from south to north, from east to west. I've spent days driving through the countryside, passed through China's largest cities and smallest villages. I have seen a China that is visibly, radically different than the China I saw for the first time a mere six years ago. Ten percent growth compounded over six years is a 177% difference - and the reality behind such numbers is unmistakable. Yes, there is still great ...

In the wake of the flash crash algo collapse of Knight Capital (and rumors breaking this afternoon that segregated client funds may be affected), the legendary Jim Sinclair has issued […]

The focus of the markets and the alternative media is firmly placed on the continued disintegration of the world financial system.  Many believe that the collapse of the fiat monetary […]

U.S. Treasury Secretary Timothy Geithner attempts to convince Bloomberg’s Peter Cook that contrary to Lagarge's recent IMF statement, the threat to the global economy from European debt crisis is much […]

Mike Krieger of the excellent LibertyBlitzkrieg.com joins our friend Sean from SGTreport.com for an in-depth conversation about our faltering Republic, and the uplifting reality that the NWO traitors are losing […]

Forget Minsky Moment. George Washington University has put together a 1 minute presentation demonstrating just how far over the cliff US fiscal debt and spending has gone. How fast is […]

Doc's Deal Of The Day Two Day Maples Sale!! 2012 Canadian Silver Maple Leaf AS LOW AS $2.19 OVER SPOT!!  Call Now To Order At 614-300-1094