Precious metals news

As our readers are aware, Ron Paul has been strongly pushing for an audit of the Fort Knox gold. Steve Liesman, CNBC's senior economics reporter decided to do a story […]

*Update- it appears the gov't techies now have the CIA site back up and running. We wonder how many CIA unmanned drones are currently on autopilot. If only Lulz had […]

For the better part of a century the foundations for a semi-comfortable retirement for many Americans have rested on the financial pillars of rising real estate and equity prices, positive real interest rates on savings, the continued solvency of public and private pension plans, and the reliability of national entitlement programs (Social Security, Medicaid). But in the last few years, the economic sands have fundamentally shifted and these pillars are no longer sturdy, some have cracked completely. For many Americans, the traditional idea of a comfortable retirement, filled with golf carts, cruises, and fishing trips, is going the way of the dodo bird.
Over the last decade incomes and job growth have stagnated, causing savings rates to drop. According to Jim Quinn author of the Burning Platform, 60% of retirees have less than $50,000 in savings. Such sums won’t last very long, especially when consumer prices are up 3.6%, import prices are up 12.5% and commodity prices are up 3...

COMEX registered silver supplies increased slightly on 6/14 by 49,818 ounces due to an adjustment by Scotia Mocotta from eligible to registered category. 6/14 Comex Warehouse Details: *Brink's saw 25,601 […]

For those doubting that QE will continue past June 30th, we present The Bernank's thoughts on Japan's fiscal situation in late 1999. If QE does cease June 30th, it will […]

Blythe: Whoops! Sorry Mr. Dimon, I accidentally just hit the ‘flash SMASH‘ button for gold and silver instead of for the DOW. Um....what do I do now?Jamie Dimon: You *&@#*&* […]

Ebay has launched a trial gold/silver trading platform. The platform continues their seller-buyer auction format, but with slightly lower fees than other auction categories, making bullion trading more appealing. We […]

Yesterday we advised readers that commercial traders have built up their biggest long position since the 2008 bottom. As the commercial long position has grown to 52,553 contracts, it appears […]

Watch Greece continue to collapse into anarchy with today's new riots LIVE stopcarteltvgr on livestream.com. Broadcast Live Free

Silver backwardation remains nearly unchanged from last week. Front month silver settled at $35.41 on Tuesday. Silver closed in contangofrom front months through March 2012, which settled exactly at the […]

Gideon writes: Doc,The LME defaulted on nickel in 2006. The price shot up, then quickly collapsed by over 50% in months. About 2 years later, nickel price had fallen by […]

COMEX registered silver supplies are now below 28 million ounces. The COMEX warehouse report for 6/13 revealed several large silver withdrawals occurred yesterday 6/13. Brink'sRegistered: Brink's saw a massive 773,018 […]

Infowars is reporting that a homosexual male in his 20's was paid enormous sums to be flown to the luxury El Paradiso hotel within minutes of the Bilderberg conference to […]

Better enjoy the miniscule US dollar bounce while it's here. The USDX will get disorderly in a hurry when the dollar breaks 72. The time to accumulate silver is during […]

And this is one of the reactors that supposedly HAS NOT melted-through its containment vessel.

SilverDoctors' article Will the Masses Soon Be Promoting Silver? just missed the top read article for the week on Market Oracle, coming in at #2! As this was the article […]

As the U.S. economy seemingly limps out of the Great Recession most analysts now assume that the Federal Reserve will soon join the tide of other central banks and bring an end to the current era of unprecedented monetary expansion. Markets expect that Fed will begin withdrawing liquidity this summer, not too long after this latest round of the quantitative easing comes to an end. But this is simply a delusion.
There are many political and economic reasons why the Fed will find it extremely difficult to absorb the liquidity that it has relentlessly pumped into the economy since the beginning of the financial crisis. But its biggest problem may be that the ammunition it carries on its balance sheet is insufficient to the task.
In order to withdraw liquidity the Fed must sell most, if not all, of the assets on its balance sheet. The questions are: what types of assets will it sell, how fast will they sell them, who will buy, and what price will the market bear?
In December...

By Peter Schiff
Economic data over the past weeks, punctuated by last week's dismal employment reports, confirm the diminishing impact of the stimulus efforts orchestrated by the Obama Administration and the Federal Reserve. In what must be a huge disappointment to Keynesian enthusiasts, the record doses of both monetary and fiscal narcotics did not produce the desired results. In fact, the size and scope of the "recovery" of the past two years was weaker than would have been expected in a typical business cycle recovery without any stimulus whatsoever. Indeed our current recovery is the weakest on record, despite the biggest jolt of government stimulus ever administered.

Silver’s D-Day June 6th, 2011 Silver’s D-Day Invasion. The day the Silver vigilantes launch an all out PHYSICAL SILVER BUYING blitzkrieg on the elitist bankers. Objectives: 1. Take down silver […]

Wonder why US Rep Alan Grayson was not re-elected in 2010? Perhaps it had something to do with interviews like this one, where Grayson grills the Federal Reserve's Inspector General […]