Precious metals news

Dr. Mark writes: Doc, I have been wondering if my PSLV is safe from confiscation by TPTB? I have been seeing articles on eligible to registered lately in the vaults […]

It's not just the bait and switch scams you have to watch out for; scams can be even scummier than you can imagine. This particular scam cost individuals tens of thousands as Global Bullion Exchange owner Jamie Campany mislead his over 1400 clients to invest in gold "accounts" that would never actually hold the bullion.
Jamie's company was functioning out of a boiler room in Florida that was converted into a call center. His sales team would find leads, connect the phone number to addresses on Google Earth to see what kind of property the potential buyer owned. The salesperson would then carefully select a potentially profitable lead by finding the largest houses. When the home owner answered, the salesperson would proceed to use every tactic in the book to eventually scam the person into buying gold that the company didn't own and never would convincing the customer that an account would hold the purchase until the client decided to cash in. They even talked people who had no f...

As the December delivery month revs up, massive inventory volatility in COMEX silver warehouses continued Wednesday, with major withdrawals from Brink's and Scotia, and another big adjustment in JP Morgan […]

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Quote of the day, trending on Twitter: "Give a man a gun and he can rob a bank. Give a man a bank and he can rob the world."

Massachussets AG Martha Coakley today filed suit agains MERS and 5 TBTF banks including JP Morgan over mortgage fraud and illegal property seizures. Don't expect the banks to change their […]

CNBC wants to know Where in the World Jon Corzine went. If he's smart, he's lying on a beach in Madagascar or another country that doesn't extradite to the US, […]

Ranting Andy Hoffman talks with SGT about the MF Global Gold & Silver con, hyerinflation, the Euro collapse, the COMEX/CME, and more. Must Watch Interview!

The Hinde Capital Gold Fund presents Singularity- Transcendent Money. The full presentation given by Ben Davies regarding the singularity of gold at the Gold Symposium in Sydney Australia in November. […]

BrotherJohnF is back with another Silver Update: EU Ponzi Bailout

Gold ended November with a 1.9% gain in US dollar terms, the seventh month of the dollar falling against gold so far this year. The euro fell 5% against gold […]

Android Developer Trevor Eckhart has discovered that software called CarrierIQ has been secretly installed on nearly every smart-phone in America, and logs EVERY SINGLE KEYSTROKE made by the user- including […]

Jim Rickards discusses the Fed's European bailout and a global central bank with Capital Account's Lauren Lyster

If The Doc had to recommend a single subscription newsletter, Jim Willie's Hat Trick Letter would be it. Willie cuts through the BS like no one else, discussing The Fed's […]

Peter Schiff states that today's European bailout is a major wake up call to buy precious metals. Thankfully, SD readers do not need to be awakened to their need to […]

Legendary gold guru Jim Sinclair has sent a message to subscribers tonight on The Fed's bailout of Europe which can be summed up in: No major clearing house will be […]

On Oct 3rd, the Wynter Benton group (the group of supposedly ex-JP Morgan traders with a grudge against their old boss Blythe Masters) GUARANTEED that silver would trade above $45 […]

Major General Zhang Zhaozhong from the Chinese National Defense University has stated that China will not allow NATO to invade Iran, and that Russia and China will not hesitate to […]

Criminal Charges Leveled Against Goldline Execs ABC News - The Santa Monica City Attorney's office has leveled fraud and theft charges against executives at Goldline, the prominent California gold dealer, in a 19-count criminal complaint. At its core, the complaint argues Goldline persuaded customers interested in buying gold bullion to instead buy numismatic coins worth significantly less than the advertised face value. In certain cases, the complaint alleges Goldline sold coins at double their market value. Santa Monica officials launched the investigation into Goldline over a year ago. Goldline has risen to prominence thanks to the endorsements of leading conservative radio and TV personalities including Glenn Beck, Fred Thompson and Mike Huckabee. Read Full Article>>
Qatari Wealth Fund to Invest $10bn in Gold Sector The Telegraph - The Qatari royal family this month confirmed that it plans to invest up to $10 billion in the gold sector via its sovereign wealth fund, Qa...

Last week's COT report indicated that the commercials reduced their short silver positions by nearly 23 million ounces in the week ending 11/22, and OI had plunged to 108k contracts. […]