Precious metals news

BrotherJohnF is back with another Silver Update: Top 5In a MUST WATCH for newbies, BrotherJohn discusses his belief that silver is headed to AT LEAST going into 4 digits in […]

For those who haven't listened to it yet (or read the transcript), Jim Puplava's interview with Ann Barnhardt is literally the most explosive interview of the year- and is a […]

The Republican banksters would MUCH RATHER have a 2nd term for Barack Obama than see Ron Paul elected as the POTUS.‘For no one is a Jew who is merely one […]

*MUST READThe Legendary Jim Sinclair has sent the following email to subscribers tonight regarding the collapse of confidence in the clearing house system in the wake of the MF Global […]

The commercials reduced their silver shorts a net 1,043 contracts (5.215 million ounces) in the week ending 11/29/11. As noted in this morning's update, the non-commercials reduced their longs a […]

The Doc has it easy today with the COMEX warehouse silver update- as there is NOTHING TO UPDATE. Zero's across the board. Looks like the big boys were busy bailing […]

Whats a late Friday afternoon without a CME margin hike? This time gold and silver have been sparred the carnage, with the CME sticking to currencies. The CME has hiked […]

By Peter Schiff
From World War II until very recently, the West - specifically Europe and the United States - was on a course for greater centralization, greater integration, and greater economic intervention. But this consensus is breaking down. In Europe, the euro has gone from steadily adding new members to now facing the prospect of having its weaker members quit. In America, the US Congressional Supercommittee has now officially failed in its mandate to bring even meager cuts to the bleeding US deficit.
This is the beginning of the end. Both the EU and US are politically paralyzed, seeming only to be able to make compromises that involve more spending, more debt, and more central planning. The results are all too predictable to free-market thinkers: bailouts leading to moral hazard, low interest rates leading to ballooning debt, and eventually a cascade of systemic failures - leading to more bailouts.
This was confirmed yet again on Wednesday when central bankers on...

By Jeff Nielson
While watching a little television the other night, I was once again confronted by my biggest pet peeve: investment professionals who confuse risk and volatility.
In this case, the offender was a TV commercial heralding the supposed virtues of an annuity with a "guaranteed rate of return." The suggestion is that such an arrangement removes risk from the table. The investor is led to think, "If I pay monthly payments of $X now, I am guaranteed future payments of $Y in the future." But every investment carries risk, and a fixed payout structure doesn't obviate that risk.
These companies have a financial interest in confusing investors, but the unfortunate byproduct of decades of this sort of marketing is that very few people, and not even most financial journalists, know the difference between risk and volatility. As always, logical analysis starts with definition of terms. Indeed, once we simply note the nature of volatility and risk in explicit terms, the...

I've told more than one concerned investor that when the gold price falls, they should "come back in three months" and see if they're still worried. The idea is that the daily and monthly gyrations are nothing to fret over, that the price will recover and, in time, fetch new highs.
That advice has worked every time gold underwent any significant correction (except in late 2008, when one had to take a longer view than three months).
Here's proof.
I've traded emails regularly with Brent Johnson of Baker Avenue Asset Management ever since meeting him at an investor event at which I spoke a couple years ago. He forwarded some charts he'd prepared for his clients that put gold's September decline into perspective; it's a good visualization of my standing advice to worriers.
The following charts document corrections in the gold price of 8% or more - first measured with daily prices, then monthly, quarterly, and finally annually. See if this doesn't put things into perspect...

Readers have inundated The Doc this morning with rumors that have gone viral that Jamie Dimon is being investigated and is about to be indicted by Interpol over laundering $50 […]

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If Israel/NATO drops a bomb on Iran but the MSM press doesn't report it, did the bomb really drop? The Australian's Jerusalem reports that another nuclear facility has been bombed […]

In the wake of the MF Global collapse/ silver confiscation, the commitment of non-commercial traders plunged from nearly 30,000 to 10,000- the second lowest total of the bull run to […]

More Fascist Change We Can Believe In. OTTAWA—Armed U.S. police officers will for the first time be allowed to operate in Canada along with the RCMP as part of far-reaching […]

*NFP +120k on expectations of 125k*Unemployment rate drops to 8.6% on expectations of 9%

The Bank of Korea’s continued diversification of its foreign exchange reserves is a bullish factor which may have led to the price gains today. The central bank of South Korea […]

BrotherJohnF is back with another Silver Update: Ted Butler. BrotherJohn covers the Euro debt crisis, Ted Butler's latest public piece on silver: The Long View, as well as a TA […]

Do you trust CNBC, or Jim Sinclair and Alf Fields on the future of gold? Cold On Gold , Gold Goes Cold I don’t think gold breaks $2,000 an ounce. […]

Dow Jones Newswires reports that the Bank of Korea has increased its gold reserves for the second time in 2011, purchasing 15 tons in numerous batches over the past month […]