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Precious metals news

We have some serious chart porn for readers in the form of the 5-year weekly COMEX silver chart. The 5-year chart indicates that the selling in silver appears to be […]
Freeport just came out with their 1st half 2012 financial results and it was terrible.  Even though they had a slowdown at their Indonesian Grasberg mine in the first quarter, […]
Our friend Sean from SGTreport.com has released a breaking report with GATA’s Bill Murphy regarding the story we broke earlier Thursday on JP Morgan having extreme difficulties extricating themselves from […]
Reuters reports that the mega banks being investigated globally over LIBOR fixing are all pushing regulators hard for a group settlement- as no one wants to be the second bank […]
    Caption Contest Friday
July 20, 2012
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Egan-Jones continues to relentlessly hammer the market with the awful truth (for the 6th time since April!!), again downgrading Spain from CCC+ to CC+. Egan-Jones downgrades Spain to CC+ E-J […]
In the latest sign that the bottom is in (or at least extremely near) in gold, Fox Biz has released a hit piece on the metal, calling for gold to […]
Rolling Stone's Matt Taibbi lets loose on the Libor Rate-Fixing Scandal which he describes as the "Biggest Insider Trading You Could Ever Imagine" in this interview with DemocracyNow. Taibbi states: […]
Doc's Deal Of The Day 1oz 2012 Gold American Eagle AS LOW AS $74.99 OVER SPOT!! >5 ounces                $74.99 over spot 2-4 ounces               $81.99 over spot 1 ounce                    $93.99 over […]
    Spanish 10 Year Rockets Past 7%
July 20, 2012
In the wake of today's Spanish bank bailout, Spain itself is now crashing, with 10 year yields shooting through the critical 7% with a last of 7.238%!
Gold prices declined in most currencies during the second quarter with the exception of the euro, Swiss franc and Indian rupee, in part due to a strong US dollar. Despite […]
It’s been roughly four years since the 2008 financial crisis, and it doesn’t feel like a whole lot has changed on Wall Street. Too Big to Fail Banks are bigger, […]
Nearly a million ounces of silver were withdrawn from JP Morgan and Scotia Mocatta's vaults Wednesday, as Scotia reported a 600,000 ounce silver withdrawal for the 4th consecutive day! Another […]
Forget the Arab Spring. The legendary Jim Sinclair today called for a ‘Real Investors Spring'- a litigation revolution against ‘those that destroy for profit using dastardly means‘ with the same […]
Jamie Dimon's choice of cufflinks at his recent Congressional hearings was not a coincidence- they were a statement of who Dimon thinks is in charge in the US. JP Morgan's […]
James Turk discusses the inevitability of hyperinflation and a gold price north of $8,000 in this excellent interview. (For our silver fans a gold price of $8,000/oz would equal $145 […]
Odyssey Marine Exploration, Inc., whose last major precious metals shipwreck haul was confiscated by Spain, announced Wednesday that they have recovered 48 tons of silver from the SS Gairsoppa, sunk […]
    IMF: ECB Should QE
July 19, 2012
QE will continue to Infinity...AND BEYOND!!! both in Europe, the UK, and the US. The alternative is unthinkable for the banking and political class. IMF: eurozone in critical danger, ECB […]
We have repeatedly documented how over the course of the bull market in gold and silver, those who went long at the afternoon fix, and short at the morning fix […]
Judge Andrew Napolitano on Representative Ron Paul's last opportunity to face off against Federal Reserve chief Ben Bernanke. Napolitano states that Paul is correct that we have a right to […]