Precious metals news

Who knew the first thing to hyperinflate would be the yield on the Greek 1 year?Thankfully the situation is contained to Greece. LOL

For those who missed the fine print in yesterday's CFTC ruling on position limits in commodities, the CFTC has included exemptions for unnamed traders (cough, Blythe). Senator Bernie Sanders is […]

By Peter Schiff
Herman Cain has been gaining much traction with his 9-9-9 Plan, a bold proposal to replace our dysfunctional tax code with what could be a simpler, less invasive, and more economically stimulative alternative. While I don't agree with the full spectrum of Mr. Cain's policy choices, I applaud his courage on the tax front. Judging by his rising poll numbers, this appreciation is widely shared. However, the plan has deep flaws, the most glaring of which is its creation of a hidden payroll tax which represents a fourth "nine." This serious pitfall has been unmentioned by Mr. Cain and overlooked by those who have analyzed his plan.

Is it any wonder why open interest is decreasing so severely in the COMEX? Investors are leaving the fraudulent exchange in hopes of receiving a more level playing field in […]

Hong Kong, the world's third-largest gold trading centre, has become the world's first place to offer gold trading in yuan, further positioning the yuan or renminbi as a potential global […]

Silver guru and bullion dealer Jason Hommel has been arrested and charged with assault/ child endangerment. We wish the best to Mr. Hommel and his family during this time. Eexcellent […]

What you see is what you get with Ron Paul. 23 years, and his message and policies haven't changed.

Readers concerned over the "study" reported by the MSM over the past week linking vitamin supplements to higher death rates need to understand that this was a SURVEY STUDY (observational- […]

Support is at $1,600/oz, $1,580/oz and below that strong support is seen at the lows reached on September 26th of $1,532.70/oz. Market participants are divided as to whether this is […]

Bye Bye Blythe? (Reuters) - The head of the U.S. futures regulator has the support he needs to pass a long-awaited rule that would curb excessive speculation in commodity markets, […]

No one is more entertaining while discussing the reality of our current financial/ debt situation than Marc Faber. "I will tell you what the US needs. The US needs a […]

Only 4 silver inventory movements to report from yesterday's trading- registered inventories remain frozen in time with the only movement again being in eligible inventories. COMEX WAREHOUSE SILVER INVENTORY UPDATE […]

Protestors swarming the house of Jamie Dimon, and "God's Worker" Lloyd Blankfein cancelling a talk after protestors planned to show up for his speech....Whatever your thoughts about the origins of […]

We have finally seen a decent increase in Open Interest today, with OI in silver settling at 102,419, + 2,398 on the day. Daily Settlements for Silver Futures (FINAL) Trade […]

The CFTC needs to consult with Blythe and JP Morgan before implementing position limits? Would this be necessary if it were not for JP Morgan's massive manipulative position, which is […]

*BREAKING The vote on position limits has now been delayed twice, and Gensler's recently scheduled Congressional hearing over the CFTC delay was cancelled. Time appears to be up for The […]

We have speculated previously that JP Morgan was attempting to extricate itself from its 120 Million ounce naked short silver position during silver's most recent sell-off. The CFTC's October Bank […]

From our friends at Dont-Tread-On.Me:

There's a reason this is humerous....

When playing chess the outcome of the game is usually determined in the early stages by the positions that are built up by each player even before the first pawn […]