Precious metals news

With concerns about liquidity and solvency in the European banking system, there is lending and possibly even selling of gold by banks to raise much needed cash. This may be […]

This afternoon we wrote to expect a sell-off in gold and silver paper futures prices in the aftermath of the HSBC gold rehypothecation lawsuit, as investors and futures traders run […]

With less than an hour until gold and silver trading opens on the Globex, we will soon find out what, if any, HSBC's lawsuit against the MF Global trustee and […]

SGTBull has released a 2-part interview with Bob Chapman discussing MF Global, the Fall of Europe, Paper vs. Physical, and the end of the NWO and the RISE OF RON […]

Did Interactive Brokers just deep-six JP Morgan?Interactive Brokers has released an official denial of Reuters' claims that the firm has rehypothecated $14.5 Billion in client funds. Until now, Reuters' claims […]

MUST WATCH video on the shocking demand/supply statistics in silver. The price suppression has become a gift to investors- as investors flood into the physical silver market, the currency crisis […]

We have a winner for the Corzine Caption Contest! I got Gerald's gold- High Five Anyone!?!

An SD reader has submitted an article on the "Gold Problem" penned in 1967 by Secretary of Agriculture, Ezra Taft Benson. His haunting words sound like they could have been […]

Now I usually do my dealing face to face with a local bullion shop, but just as Christmas shopping isn't always done in a store anymore, neither are all precious metal purchases. Many friends and associates have mentioned the gold and silver buying options on eBay, Craigslist, and Amazon. Turns out it serves the same purpose as shopping for clothes online: it's convenient. You don't have to leave your chair. However, when factoring in the shipping, you are most almost always going to get a better deal buying direct from a dealer.
Another thing to note when shopping online for your bullion, aside from the convenience charge, is the fine print. The kind bullion buyer from www.targetrichenvironment.com shared a worthy scam you all should be aware of. On eBay beware of a silver bullion item with a vague description and a good price. That seller is hoping you skip the fine print and miss the fact that it is not the .999 you are looking for.
There are listings of supposed .999 sil...

A July 2010 Working Paper by the IMF titled The Sizeable Role of Rehypothecation in the Shadow Banking System is a MUST READ for those wishing to know just how […]

Mark writes: I just came across your website today as a reference regarding an article about the "re-hypothecation" of assets by the on-line brokerages; SCHWABB, ETRADE, FIDELITY, etc.My first question […]

With Silver Eagle sales dropping off to a 4 year low, we thought it was time for another local coin shop open thread. Does your local dealer have plenty of […]

The legendary Jim Sinclair has granted KingWorldNews an interview regarding Jim's thoughts on MF Global (as if you needed to be scared any further over MF Global ramifications after reading […]

For most of his time as a national political figure, Barack Obama has been careful to cloak his core socialist leanings behind a veil of pro-capitalist rhetoric. This makes strategic sense, as Americans still largely identify as pro-capitalist. However, based on his recent speech in Osawatomie, Kansas, the President appears to have reassessed the political landscape in advance of the 2012 elections. Based on the growth of the Occupy Wall Street movement, and the recent defeat of Republicans in special elections, he has perhaps sensed a surge of left-leaning sentiment; and, as a result, he finally dropped the pretense.
According to our President's new view of history, capitalism is a theory that has "never worked." He argues that its appeal can't be justified by results, but its popularity is based on Americans' preference for an economic ideology that "fits well on a bumper sticker." He feels that capitalism speaks to the flaws in the American DNA, those deeply rooted creation m...

The Commercials increased their short silver futures a net 1,831 contracts (9.155 million ounces) in the week ending 12/6/11. Open interest plunged to 95,684 contracts, and remains below 100,000, closing […]

Brink's received another massive eligible deposit, and Scotia had a withdrawal from REGISTERED vaults Thursday. Six inventory movements in all to report, as the December month has COMEX silver inventory […]

GATA has pointed out that gold lease rates have plummeted over the past week-taking out lows last seen in early September. Is this a sign of an imminent gold smash […]

Have you taken personal possession of your gold and silver? Personal possession does not mean that you asked for the serial numbers. HSBC Holdings Plc sued the MF Global Inc. […]

SD readers have selected the winning Putin gold bar caption! "Hello, Chavez? It's Vlad. I wondered - those bars you had repatriated - did they rattle inside when you shook […]

I just bought Phyzz. I overnighted it to your place Last night we discussed the issue of re-hypothecation of client margin collateral by Jefferies and JP Morgan. Jim Willie also […]