Precious metals news

Alessio Rastani, the trader who shook the MSM financial world with his September BBC interview predicting collapse of the Eurozone (merely 2 months later his call looks pretty good, huh?), […]

David writes: I am in my late sixties and recently purchased $30,000 in physical silver in the $45-$47 range. Due to my age do you think i made a big […]

The Doc would like to personally thank SD's readers for your time and support. It is humbling to see how much this site has grown over the past 6 months, […]

The Italian 10 year has surged 2% this morning and is back above 7%. While Americans sleep, watch football, and eat turkey, the European debt crisis continues to rage. Italy […]

Geopolitical risk remains elevated and Middle East tensions are escalating globally with Russia appearing to be prepared to risk conflict over Syria with NATO and the US. Yesterday, Russian President […]

The Royal Canadian Mint has already raised over $600 million in its gold ETR IPO, double the initial estimates of $300 million!Once the IPO is complete, the CM will be […]

Gary Franchi on InfoWars: Liberals Prefer Paul over Obama in Latest Poll

SGT Report: Was MF Global simply used to cover up delivery default by the CME?

Martin Armstrong lets loose on the CFTC over its inability to regulate and prevent the commingling of clients' funds with firm funds for use in the REPO market in his […]

Nouriel Roubini on the "slow motion train wreck" that is Europe. A reminder for our US readers: while the US enjoys the Thanksgiving holidays and the markets are closed Thursday […]

Your Move, NATO NATO just discovered that Syria has stronger allies than Mubarek or Gaddafi had- Russia's President Dimitri Medvedev has announced that in response to NATO aggression against Syria, […]

James Turk on why history will repeat, and gold will see $11,000/oz by 2013-2015.

The Greek 1 year yield shot past 300% today, rising 15% on the day to 307.64%! It's been a whopping 22 days since the Greek 1-Year yield hit 200% on […]

On what one would expect to be a relatively quiet holiday week, we have seen massive inventory movements and withdrawals during the first two days of the week (including nearly […]

The Austin-based gold dealer US Money Reserve, Inc., has agreed to pay out $5 million to customers who consider themselves victims of wrong-doing by the gold dealers' sales practices. However, the dealers claim that they, in fact, have done nothing wrong, but are working in compliance with the Texas Deceptive Trade Practices Act. Just protocol in their minds...and just a quick bit of research on this dealer could have told you to be cautious and have your gold buying guard up.
The owner of the company, Milton Verret, is an esteemed philanthropist according to his personal website, however if you ask the Better Business Bureau of Texas about his money-making business, they'll show you a big "F". Even other states flashed warnings about his company's sales practices.

With fiscal time bombs ticking in both Europe and the United States, the pertinent question for now seems to be which will explode first. For much of the past few months, it looked as if Europe was set to blow. But Angela Merkel’s refusal to support a Federal Reserve-style bailout of European sovereigns, as well as her recent statement that she had no Hank Paulson-style fiscal bazooka in her handbag, has lowered the heat. In contrast, the utter failure of the Congressional Super Committee in the United States to come up with any shred of success in addressing America’s fiscal problems has sparked a renewed realization that America’s fuse is dangerously short.
Chancellor Merkel has been emphatic that European politicians not be given a monetary crutch similar to the one relied on by their American counterparts. Her laudable goal, much derided on the editorial pages of the New York Times, is to defuse Europe’s debt bomb with substantive budget reforms and, as a result, to make the...

Ken writes: Doc,I got to wondering when I read one of your articles "Brink's received a deposit of 4,725 ounces into eligible vaults". With MFGlobal, etc. and no laws being […]

We have a winner for the Banksters' Caption Contest! Short of Silver Lifeline Congrats to Anonymous for the winning caption! Coming in a close 2nd: "The Banksters are having a […]

From SD reader Cleburne61: Forget Spain's surging yields, forget Super Mario in Italy, forget the $1.2 billion doubling of the fraud of MF Global, forget even the news of global […]

Manhattan Bankruptcy Court Judge Martin Glenn has ruled that MF Global clients with likely over $3 billion of their OWN money stolen by MF Global do not deserve to be […]