Precious metals news

Sinclair on CNN the last time we had a major market panic.

Yes, this pic was from yesterday's Onion story, and yes, it is photoshopped. But come-on, have you ever seen a better pic for a caption contest?

SLV 7 MILLION share take-down just completed in 10 minutes. Astonishing.

You know its a bad day for the markets when getting Zerohedge to open is harder than getting the Red Sox world series tickets page to open at 10:01 am […]

BTFD NOW!!! *Update Raid appears to be over for now at $39.25. Shooting back up to $40. The Doc just locked in some PHYZZ personally at $39.40*Update 2. Welp. Looks […]

Gold continues its surge today, placing new all-time highs seemingly hourly. Gold has again placed a new all-time nominal high this morning, touching $1683 before backing off to $1670. Monday's […]

Has TSHTF?Even while the FTSE MIB has re-opened (to a 5% drop), the LIFFE has now suspended trading on STIR products, Bond products, Swap products, and Index products.

*BreakingWe now have a full market holiday in Italy. Market holidays always work wonderfully...until the authorities attempt to reopen the market and watch it go limit down in 5 seconds.

We're assuming most of our readers don't have access to a deserted island to stash their store of gold and silver.As such, we thought it would be useful to combine […]

Gold going vertical as all hell breaks out in Europe. (ECB just intervened to prop up Italy) MARKET IS OPEN(Will close in 8 hrs. 1 min.) Metals Date Time(EST) Ask […]

We wrote several months ago wondering whether Andrew Maguire's appearance at GATA's Gold Rush 2011 in London would light a fire under gold and silver and ignite the next rally.As […]

Japan has followed Switzerland in attempting to stem the rise of their currencies by selling 1 trillion yen in markets, pledging to inject 10 trillion yen ($126 billion) into the […]

Jim Willie is back with a scathing attack on the debt ceiling hike, big predictions for gold and silver, and a prediction that Italy's default will cause the breakup of […]

Gold Mining Commanding a Premium Financial Post - Gold, like oil, is getting harder and harder to find. That is the conclusion of a recent report by Clarus Securities. Employing data from the Society of Economic Geologists, analyst Laurie Curtis finds that deposits yielding high quantities of gold per ton of ore extracted peaked in the 1980s. The cost of discovery, in particular, has nearly quintupled to $47 an ounce in 2009, up from $10 an ounce during the 1980s. Higher capital expenditure and a steadily increasing gold price will be the only way for supply to keep up with today's surging demand. Read Full Article>>
Gold Standard Emerging as World Order Unravels The Telegraph - Ambrose Evans-Pritchard, international business editor of The Daily Telegraph, writes that with Japan and the West likely at debt saturation, gold is making a comeback to its historical role as an anchor of stability in a sea of liquidity. Squabbling politicians in Washington and Brussels make for ...

We just received the following email update from the legendary Jim Sinclair regarding gold. Sinclair states that the 2nd chapter in the growth of gold into reserve currency is complete, […]

For those who have not read Dan Norcini's gold update from yesterday afternoon, please do so. Norcini points out a clear steepening of gold's up-trending channel beginning approximately in January […]

Did we not warn repeatedly that silver would shoot higher once it crossed $41?Still wonder why the cartel put forth so much effort to stuff silver down numerous times last […]

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When the next MAJOR market down-leg begins in earnest, QE3 will be PUBLICLY brought out and will likely be multiples larger than QE1 or QE2. What do you think will […]

Anonymous reader comment at 9:54 am yesterday (Tuesday) morning:Im just about ready to admit the forces of evil have won. I'm not so sure we'll see $41 silver again in […]