Latest Gold & Silver Price News

INFOGRAPHIC – 31 Incredible Facts about Gold

INFOGRAPHIC – 31 Incredible Facts about Gold

There is always more to learn about gold which is a rare, indestructible metal which can store your wealth.  There are many aspects to gold beyond the bullion investment market.  It has an extensive history. This infographic  covers many incredible facts about gold.  It covers how gold is created, how much gold an average human body contains, how much gold is in a domestic sewer system, and also details about the earliest known gold relics which have been discovered.  There are many industrial uses.  We all come into contact with gold on a daily basis through the many gold bonding wire found in our smartphones.  But, few people have any […]

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Hell Freezes Over: CFTC Finds Trader Guilty of Metals Price Rigging

Hell Freezes Over: CFTC Finds Trader Guilty of Metals Price Rigging

It must have been painfully awkward for the Commodity Futures Trading Commission (CFTC). Last year, Deutsche Bank settled a civil suit involving blatant market rigging and turned over reams of information, including chat logs and voice recordings. The trove contained plenty of damning evidence which had gone overlooked by the CFTC. CFTC investigators supposedly spent 5 years searching for illegal market manipulation, but somehow, managed to find nothing. The cheating became hard to ignore after Deutsche Bank turned over voice recordings and 350,000 pages of documents which revealed bank trading desks being run like the back office of a crooked casino. Here is one of the chat log gems between […]

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David Morgan Exclusive: Gold and Silver at Breakout Point from 6-Year Downtrend

David Morgan Exclusive: Gold and Silver at Breakout Point from 6-Year Downtrend

Your browser does not support the podcast player element. DOWNLOAD MP3 Mike Gleason: It is my privilege now to welcome in our good friend David Morgan of The Morgan Report. David, it’s always a real pleasure to have you on with us and I’m especially excited to talk with you about some of the topics we’ve got on tap today. How are you? David Morgan: I’m doing well Mike, thank you very much. Mike Gleason: Well, as we begin here David, I want to talk to you about the danger of complacency because I think it’s a very appropriate topic for the times we’re in right now. To you and […]

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How Would Markets React If Trump Is Actually Forced Out of Office?

How Would Markets React If Trump Is Actually Forced Out of Office?

Donald Trump’s policy agenda – and his very presidency – are in jeopardy… …at least if you believe the chatter on cable television. Yes, for weeks now, the big media outlets have been stirring up talk of impeachment. One narrative after another – Russia, Comey, Kushner, etc. – yet no conclusive evidence of any “high crimes and misdemeanors.” Still, Democrats in Congress smell blood in the water… and they have readied articles of impeachment for introduction as soon as an opportunity presents. But investors don’t seem particularly concerned about the implications of political turmoil intensifying in Washington. The stock market keeps edging higher with minimal volatility. The only hint of […]

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Michael Pento Warns of Exploding Debt, Inverted Yield Curve, and Then “Economic Armageddon”

Michael Pento Warns of Exploding Debt, Inverted Yield Curve, and Then “Economic Armageddon”

Your browser does not support the podcast player element. DOWNLOAD MP3 Mike Gleason: Michael, how are you today? Welcome back. Michael Pento:  I’m doing fine, Mike. Thanks for having me back. Mike Gleason:  When we had you on last you commented that you believed the market was pricing in President Trump getting virtually all of his policy agenda pushed through Congress, the tax cuts, repealing Obamacare, and so forth. To say Trump has encountered some resistance in Washington would be a major understatement. The establishment of the right doesn’t seem to like him. The left and the mainstream media of course hate him. So, Michael before we get into the […]

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Forget about Fake News… Let’s Talk about Fake Markets

Forget about Fake News… Let’s Talk about Fake Markets

The U.S. and other nations with “free market” economies got credit for defeating the communists in Russia. That is ironic, because it is now more clear than ever that western leadership actually shares the Soviet inclination for central planning, and they have been increasingly intervening in our markets since the collapse of the USSR. Our officials make economic policy as if healthy markets must be planned and coerced, much like the politburo. Some of this policy is created and run in the open; the government bailouts, Quantitative Easing, and zero interest rate policy, for example. Other programs are more secretive. Investors know the “Plunge Protection Team” exists to be the […]

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Are Gold Traders Too Complacent?

Are Gold Traders Too Complacent?

While geopolitical events continue to create market anxiety, gold prices are unlikely to surge higher according to the options market.  In fact, gold options volatility, reflected by the CBOE’s gold implied volatility index GVZ, is nearing a 7-year low, which was last hit, in mid-March.  Current levels reflect market complacency. While it appears that gold prices are sliding sideways waiting for the next impetus to drive them higher or lower, the decline in implied volatility ahead of the French and British elections in May and June respectively reflect that gold option traders believe the status quo is the likely outcome. Just as a refresher, implied volatility is the markets estimate […]

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MEDIA STUDY WARNS: Don’t Trust Us Dummies with Your Gold

MEDIA STUDY WARNS: Don’t Trust Us Dummies with Your Gold

The astounding results of a groundbreaking, scientific study just released, the first of its kind we know of, confirms a lot we’ve suspected about mainstream journalists. Journalists are different than the rest of us. Researchers found journalists’ brains just don’t work as well as yours and mine. That’s a polite way of saying journalists are dumber than you and I. The study flatly says journalists have less brain power than others to “regulate emotions, solve complex problems… and think flexibly and creatively,” although study findings say they are no more stressed than the average worker. That means they understand less about what’s going on than you and I. It also […]

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Chris Martenson: Make Yourself More Self-Sufficient NOW, While It’s Still Easy…

Chris Martenson: Make Yourself More Self-Sufficient NOW, While It’s Still Easy…

Your browser does not support the podcast player element. DOWNLOAD MP3 Mike Gleason: It is my privilege now to welcome in Dr. Chris of PeakProsperity.com, and author of the book Prosper! How to Prepare for the Future and Create a World Worth Inheriting. Chris is a commentator on a range of important topics such as global politicals, financial markets, governmental policy, precious metals and the importance of preparedness among other things. And it’s always great to have him with us. Chris, welcome back and thanks so much for joining us again. Chris Martenson: Thank you. It’s a real pleasure to be with you today, Mike, and all of your listeners. […]

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Government Insolvency Gets Harder to Ignore

Government Insolvency Gets Harder to Ignore

Several U.S. states and the federal government are hopelessly insolvent. It’s something many bullion investors have known for years. The real question is when this reality will pierce the mainstream illusion that deficits, and the crushing pile of debt which accompany them, don’t matter. That moment drew closer last week when ratings agencies downgraded Illinois state bonds to one notch above “junk” status. S&P and Moody’s dropped the state’s creditworthiness rating to BB+/Baa3 – the lowest ever for a U.S. state. Illinois currently has $14.5 billion in unpaid bills and a government deadlocked over forming a new budget. That stack of bills represents a whopping 40% of the state’s operating […]

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The Commodity Cycle: What It Means for Precious Metals Prices

The Commodity Cycle: What It Means for Precious Metals Prices

The cycle for any commodity follows the same basic pattern… When prices are low, production falls. As new supplies diminish, the market tightens and prices move higher. The higher prices incentivize producers to invest in production capacity and increase output. Eventually, the market becomes oversupplied, prices fall, and the cycle starts all over again. Of course, this is a simplified model of what drives commodity cycles. Booms and busts can be amplified and extended by speculators, by unexpected shifts in demand, or even by interventions from central banks and governments. Regardless of the causes, commodity markets will always be cyclical in nature. Commodities as a group can be pressured upward […]

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Trump Turmoil Grows, Prompting Flight to Safety

Trump Turmoil Grows, Prompting Flight to Safety

Donald Trump has been dogged by efforts to undermine his presidency since winning the election in November. Deep State operators and political partisans have been working around the clock to hang a scandal around the president’s neck large enough to ruin him. If markets are any indication, they got some help last week from former FBI director James Comey. Comey’s leaked memo asserting the president tried to interfere with the investigation of Michael Flynn, the former National Security Advisor, prompted a selloff in stocks and a boost in precious metals. Democratic Congressman Al Green became the first in Congress to actually call for impeaching the president on the House floor. […]

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UPDATE: Arizona Ends Income Taxation on Gold & Silver Coins

**For immediate release** Arizona Ends Income Taxation on Gold & Silver Coins Arizona Governor Doug Ducey Greenlights House Bill 2014, Removing Income Tax from Certain Precious Metals at the State Level   Phoenix, Arizona (May 23rd, 2017) – Sound money advocates rejoiced today as House Bill 2014 became the law in Arizona. HB 2014, which passed in the Arizona state Senate on May 10th by a margin of 16-13, removes all income taxation of precious metals coins at the state level. Under House Bill 2014, introduced by Representative Mark Finchem (R-Tucson), Arizona taxpayers will simply back out all “gains” and “losses” on any precious metals that are in legal tender […]

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David Smith: It’s Better to Buy Gold & Silver When It DOESN’T Feel Good

David Smith: It’s Better to Buy Gold & Silver When It DOESN’T Feel Good

Your browser does not support the podcast player element. DOWNLOAD MP3 Mike Gleason: It is my privilege now to welcome back David Smith, Senior Analyst at The Morgan Report and regular contributor to MoneyMetals.com. David, thanks for joining us again. How’ve you been sir? David Smith: Very good Mike, it’s great to be back. Mike Gleason: Well, before we get into other topics such as the Silver Institute’s latest report on the silver market and also the article you wrote for us recently on digital currencies, crypto-currencies, and so forth, I first want to have you set the stage here on where we are and where we’ve been in the […]

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