Yahoo Biz' metals update states that silver is in bad shape trading at $29.75/ barrel. As there are approximately 50,000 ounces of silver to a barrel, that equals $0.00055/oz. Blythe […]
Gold and silver are getting hammered this morning, as gold is flirting with new lows for the entire correction at $1610, and silver took out critical support at $30, and […]
While Turkey has assured the U.S. government it will cut purchases of oil from Iran by 20% this year, its total trade with the Islamic Republic increased 47% to $4.8 […]
One day soon, currency induced inflation/ hyperinflation will hit a little closer to home. Meanwhile, another fiat currency does what fiat currencies do best: head their intrinsic value of zero. […]
This weekend we saw elections in Europe - the most important occurring in France and Greece. Although the former resulted in the ousting of Nicolas Sarkozy, who has been at […]
Not sure how we missed this last week, but Reuters reports that Argentina purchased gold last September for the 1st time since 2005. No mention on whether the Argentinian Central […]
Don't expect to hear about this on the nightly MSM news. The Spire Law Group has filed a landmark lawsuit against Bank of America, JP Morgan, Wells Fargo, Citibank, and […]
We have goose-eggs to report throughout every registered silver warehouse today, as today's CME warehouse report shows absolutely zero silver inventory movements Friday for the first time in months! COMEX […]
Submitted by SD reader FW: Silver just did what gold did last Monday: a total retrace move. Unbelievably impressive... Action like that never happened only a few years ago. The […]
Berkshire's all-out attack on gold continued today, as the Oracle attempted to one-up his buddy Charlie on this morning's live Squawk-Box interview: "They (gold investors) want everybody to be so […]
Our friend Pining 4 the Fjords has outdone himself again: 5 Signs Charlie Munger might call you uncivilized: Recept from APMEX (or SD Bullion): Uncivilized Owning a barbaric relic: Uncivilized […]
Indian merchants ended their strike and opened their gold shops today as India's gov't backed down and withdrew implementation of the new excise duty on gold jewellery until financial year […]
If at first your paper doesn't succeed, try, try again. The cartel is working on their 7th attempt since Friday morning to stuff silver under $30, and has once again […]
Spanish Prime Minister Mariano Rajoy said Monday that he will reverse policy, and pump public funds into the Spanish banking system to prop up the ailing institutions. Won't be long […]
BrotherJohnF is back with another Silver Update, discussing whether the pundits are correct and the silver bull is dead, or if in fact we are merely in the midst of […]
Bloomberg documents a recent massive influx in silver jewelry and silverware scrapped by Britons for the silver content. When the general public is still dumping any silver or gold they […]
RealityCheck discusses that Mitt Romney does not have enough delegates to secure the nomination, and that Romney and Rick Santorum have LOST 62 delegates since last week. If those delegates […]
The Euro/USD gapped down on Monday's open, and has now broken 1.30 to the downside, with a last of 1.2956. Gold and silver also gapped down on Monday's Globex session […]
The French people have chosen QE to Infinity. Socialist Francois Hollande has won the country's presidential election. Hollande has promised to reverse ‘austerity' measures with massive fiscal stimulus. French socialist […]
While we don't expect Congress to pass Ron Paul's legislation to end the Federal Reserve anytime soon, the fact is that Ron Paul has already won by awakening the American […]