Precious metals news

null

It has been a rough month to be a precious metals investor. However, irrespective of whether we are talking about markets or life in general, whenever we encounter any short-term turbulence, we need to step back and look at the big picture.
The main reason to do this is that, being human, these short-term events provoke our emotions: exuberance if our investments are suddenly rising, and fear or despair should they suddenly decline.
When this happens, many lose sight of the fact that short-term movements may have no relevance to a longer term trend, and certainly that short-term events are rarely the cause of those longer (and more stable) trends. Look at a one-week chart of the price of gold recently and one might be tempted to do their best impersonation of Chicken Little. However, look at a ten-year chart and the recent pull-back brings but two words to mind: "buying opportunity."

Conversely, for those investors who prefer the perilous world of US equities, the D...

By Peter Schiff
In today's investment landscape, risk can come in all shapes and sizes. When structuring a stock portfolio most investors try to gauge the risk in buying particular stocks. Savvier investors also factor in sector risk, business cycle risk, and recession risk. Cautious investors may try to mitigate these risks by favoring bonds over stocks. But even then they must contend with default risk, interest rate risk, and in the case of sovereign debt, political risk.

This is one way to attempt to stop a bank run in today's modern era. Wonder how long it will take the physical branches to become as available as Bank […]

Don't know about you, but we'd rather have the sub. Bank of America Corporation Com (NYSE: BAC ) Real Time 5.9850 0.1350 (2.21%) 12:23PM EDT Last Trade: 5.98.50 Trade Time: […]

We have advised numerous times here on SilverDoctors that gold and silver confiscation will take the form of NATIONALIZATION and retirement account confiscation, rather than a personal confiscation. That process […]

Where is the love for the US dollar? This is what stage 2 of a major bull market looks like. Qatari wealth fund plans $10bn gold buying spree The Qatari […]

Credit default swaps will destroy more lives than the breast cancer foundation will ever save. Perhaps supporting the cause does more to help one sleep at night than Ambien does […]

Gold’s price has risen in proportion to a rise in the perception of risk throughout the world economy. Gold is seen as the quintessential "Canary in the Coal Mine". As […]

Silver remains in its range trade this morning, but has made strong gains overnight, soaring by $1.20. Look for selling to emerge in the $31-$31.25 zone, and support around $29.50-$30. […]

In classic banksta style, JP Morgan has ensured that the NYPD owes them a significant "favor". The question you need to ask yourself is why exactly a major US bank […]

Occupy Wall Street has finally obtained some MSM exposure at the price of over 700 arrests on Saturday. NEW YORK (AP) — Protesters speaking out against corporate greed and other […]

The MUST WATCH FINAL INSTALLMENT in the 4 Part Meltdown: The Secret History of the Global Financial Collapse series

Part 3 of Meltdown: The Secret History of the Global Financial Collapse examines the response to and in some cases, the revenge taken by the victims of the 2008 financial […]

Meltdown is a four-part investigation into a world of greed and recklessness that led to financial collapse. The crash of September 2008 brought the largest bankruptcies in world history, pushing […]

By Peter Schiff
The past couple weeks have seen a strong pullback in both commodity prices and stocks. Gold fell sharply off its peak after soaring just past $1,900. Volatility in commodity, currency, and equity markets has been very high recently, and these short-term price movements have Wall Street pundits in an uproar.
As gold prices soared, many advisors recommended investing in the yellow metal with appeals to the "bandwagon effect". A rising price, they argued, indicated changing sentiment, and thus future appreciation. For those who bought on this reasoning, a falling price is a bad omen.
In addition, for a while, gold prices were rising even as stock prices were falling. As a result, some investors bought gold to hedge stock market risk. When gold eventually followed equity prices lower, these trades were unwound.
But as my readers know, following the crowd has never been the reason to buy gold. After all, that same logic would have recommended buying a hous...

Brian Sacks has released the $88 Billion POMO Schedule for October. Those wishing to ride along for the $88 Billion in stock market pumps will find the POMO schedule of […]

BrotherJohnF's latest Silver Update - PEAK SILVER

David writes: Hey Doc!I've been long on silver since '99 and have been loving it.The ongoing manipulations from JPM and HSBC have infuriated me to no end. I've been corresponding […]

One day does not make a trend, but we saw the first small increase in open interest in silver Friday. We will continue to monitor next week but for now, […]