Precious metals news

CNBC Asia's ‘Squawk Box' program Sunday featured Hinde Capital's Ben Davies. Davies enlightened the MSM crowd on why gold is under-owned, why governments hate it, and why investors should avoid […]

How anyone can live in the same universe we do and be a deflationist is beyond us. Oil, gold, silver, corn, cocoa, beef, insurance, baby-sitter rates- all are rising exponentially […]

A "new" Ted Butler piece has been making the rounds today. While actually written in May, 2009, we believe those new to the silver market who have not read all […]

Bob Chapman believes our financial collapse was planned by the elite, while Jim Sinclair believes that it is a result of greedy banksters issuing over $1 Quadrillion of faulty derivatives. […]

As SilverDoctors reported on March 29th, Reuters has just reported that the Nuclear Regulatory Commission has confirmed that Fukushima reactor number 2 has indeed melted through its core. (Reuters) - […]

Strong action in gold and silver continues today, as gold is at a fresh all-time nominal high of $1463, and silver is trading at new multi-decade highs of $39.75. Silver […]

On Sunday, SilverDoctors reported TEPCO's new last ditch radiation containment effort - a glorified shrink-wrapping of the destroyed Fukushima nuclear facilities. Today, we learn that the shrink-wrap cannot be installed […]

Houston, we have liftoff! As we said yesterday, now that silver has cleared resistance at $37.80-$38, we expect $40 to be reached immanently, likely this week. Losing no time, silver […]

Radiation levels at the Fukushima nuclear power plant are now so high that they are literally off the charts. NHK reports that radiation levels in reactors No 1 through 3 […]

BMO presents a comprehensive report on silver. This is a must read for anyone interested in the silver market. BMO covers silver's supply and demand fundamentals in depth, and also […]

In what may well be the trigger that launches gold over the $1440 hurdle, Sprott's PHYS has just announced a follow-on offering of $340 million, with assets managed by his […]

Eric King has a new piece out today with Eric Sprott, and in it Sprott mentions something that we have been hearing from numerous sources lately, and is absolutely amazing. […]

For years the Federal Reserve has told us that in order to detect inflation in the economy it is important to separate “signal from noise” by focusing on “core” inflation statistics, which exclude changes in food and energy prices. Because food and energy figure so prominently into consumer spending, this maneuver is not without controversy. But the Fed counters the criticism by pointing to the apparent volatility of the broader “headline” inflation figure, which includes food and energy. The Fed tells us that the danger lies in making a monetary policy mistake based on unreliable statistics. Being more stable (they tell us), the core is their preferred guide. Sounds reasonable…but it isn’t.
If it were truly just a question of volatility the Fed may have a point. But for headline inflation to be considered truly volatile, it must be evenly volatile both above and below the core rate of inflation over time. If such were the case, throwing out the high and the low could be a good ...

By Peter Schiff
While gold and silver coins are nice to look at, and there's a certain sense of independence one gets from owning them, most purchasers buy physical precious metals with the goal of eventually spending them.
As they say, you can't take it with you.
Unfortunately, many purchasers buy without ever knowing how to spend, and that can cause problems down the road. The reason I say "spend" instead of "sell" is that selling your coins for dollars (or euros, yen, etc.) is only one way to spend them. The other is to barter directly for goods and services. Whichever method you choose, it's important to know all your options.

The following article was written by Mary Anne and Pamela Aden for the April 2011 edition of Peter Schiff's Gold Letter.
Gold nearing $1500, silver nearing $40, oil well above $100! What a week... what a month... what a year!
Escalating violence in Libya is adding fuel to the already strong bull markets, especially with concern growing that turmoil could spread into even more countries.
The threat of possible supply disruptions is providing the real fire under oil, while demand continues to grow. Gold and silver, in turn, are the safe havens as inflation concerns and uncertainty prevail.

Blythe must be getting desperate- today she called for some assistance from her pals to come up with some physical silver. AP reports the feds today attempted to confiscate $7Million […]

Reuters reports that the San Cristobal silver mine in Bolivia is back into production, after a 12 day worker strike. Have to love Reuters' explanation of implications to the silver […]

Bob Moriarty and others have recently called for a top in silver. Bob even called it the "most overpriced asset in the world." SilverDoctors, while advising caution after silver's monstrous […]

Silver worked strongly higher throughout the overnight session, easily clearing resistance in the $37.80-$38 zone, working all the way to $38.54. Blythe is MIA today, as our manipulative friends have […]

Now that Plan Z of entombing the Fukushima nuclear reactors in concrete has failed as the concrete is not hardening (due to reactors being doused in seawater during plan Y), […]