Latest Gold & Silver Price News

How Will the Election Outcome Impact Precious Metals?

How Will the Election Outcome Impact Precious Metals?

Metals investors wonder what this presidential election will mean for gold and silver markets. Since Nixon closed the gold window in 1971 and the years of price inflation that followed, presidents have largely ignored gold, the Federal Reserve, and other issues related to sound money. Today, the devaluation of the Federal Reserve Note – the explosion of debt and the eternal deficits which enrich bankers and the political class at the expense of the rest of us – is getting harder to ignore. The looming national bankruptcy coincides with this year’s extraordinarily divisive election. Regardless of which candidate wins, the Washington DC establishment has already lost a great deal of […]

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What in the World Happened to Gold and Silver Prices Last Week?

What in the World Happened to Gold and Silver Prices Last Week?

Gold and silver prices charged higher during the first 6 months of the year. They fell into a rut over the summer, and then hit the skids last Tuesday. Lots of bullion investors are wondering what in the world happened. There are three primary factors driving this price correction. The first is the strength in the U.S. dollar. The DXY index, which measures the dollar against other major world currencies, hit its highest levels since July. This surge, however, is not driven by safe-haven buying as it was immediately following Brexit. That sort of fear driven buying would almost certainly be boosting precious metals as well. Rather, investors are looking […]

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A Short Course on Fear and Greed: Successful Investors Wrote the Book

A Short Course on Fear and Greed: Successful Investors Wrote the Book

Are you a millionaire yet? Me neither. We might have been by now, had we better understood the finer points of “fear” and “greed” during our investing lives. “Greed, for lack of a better word, is good,” said fictional corporate raider Gordon Gekko, played by Michael Douglas in 1987’s “Wall Street.” The quote became a rally cry for the 13-year stock market surge following the October ’87 crash. Fear, on the other hand, can be just as influential in charting investments. “I have only two positions right now – cash and fetal,” wailed investor Jeff Mackey, staring wide-eyed into CNBC’s cameras on October 2, 2008. The subprime mortgage crisis was […]

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Fed Chair Yellen’s Plan B: “Intervene Directly” in Stock Market

Fed Chair Yellen’s Plan B: “Intervene Directly” in Stock Market

October could see a ramping up of volatility across all asset markets. The month is notorious on Wall Street for the 1987 stock market crash. Fall crashes also occurred in 2002 and 2008. Are we due for another one? Perhaps. Some analysts think it will come after the election. Others think the stock market will stay elevated until the Federal Reserve raises rates. The Fed will be out of the picture this month – at least as far as policy decisions are concerned. The Fed won’t convene another policy meeting until November 1-2. Most Fed watchers expect the central bank to avoid making any rate moves so close to the […]

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2017: Gold and Silver’s Year of “Public Recognition”

2017: Gold and Silver’s Year of “Public Recognition”

In all probability, December 2015 marked the bottom of the cyclical gold and silver bear market – a bear cycle that had been in play since silver topped in May 2011 and gold in September of the same year. During the fourth quarter 2015, share price declines of the precious metals mining companies tapered off once the last of the weak hands gave up and sold their positions to stronger, forward-looking investors. If you go to a free chart service like stockcharts.com, you can choose any number of mining stocks and look at their January 19 daily price action. On this date – for most of the top and second-tier […]

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The Federal Reserve Note “Dollar” Is Indeed Dying, but Not Next Week

The Federal Reserve Note “Dollar” Is Indeed Dying, but Not Next Week

Some say the U.S. dollar may die 5 days hence. The Chinese renminbi will kill it. Much is being made of plans by the International Monetary Fund (IMF) to add the renminbi to its basket of strategic reserve currencies called Special Drawing Rights (SDR). The IMF will make the change on October 1. While the implications for the Federal Reserve Note, currently the U.S. dollar, as the world’s primary reserve currency may be profound over time and the importance of this event should not be overlooked, the impact is unlikely to happen overnight. The composition of the SDR may change on October 1, but few people understand what the SDR […]

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Where to Find the World’s Greatest Treasures – INFOGRAPHIC

| September 22, 2016 | Articles: General
Where to Find the World’s Greatest Treasures – INFOGRAPHIC

A treasure map of where to find the world’s biggest gold and silver treasures … NEWS SEEMS to break each week of some lucky person unearthing a small fortune in gold or silver, whether buried a long time ago or hidden more recently. These days there really is no need to risk someone else stumbling onto your precious metals treasure. For a small fee BullionVault will bury your gold or silver safely inside one of the world’s most secure storage facilities, fully insured and ready for you to sell at any time of day or night. There are also plenty of other treasures still out there that haven’t been found, […]

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War on Cash Turns to $20, $50, and $100 Bills

War on Cash Turns to $20, $50, and $100 Bills

Harvard professor and economist Ken Rogoff is once again leading the chorus of high-level academics and officials who declare cash is only for criminals. He made his case in a recent Wall Street Journal editorial called the “Sinister Side of Cash.” The solution, he declares, is to simply get rid of anything but the smallest bank notes. In his vision, drug dealers, human traffickers, and tax cheats are everywhere, but they are reliant on cash. Our benevolent central planners can largely incapacitate them by ridding society of anything larger than a $10 bill. Kingpins won’t know what to do when a single-engine Cessna full of cocaine requires a Boeing 747 full […]

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Unprecedented Global Bond Bubble Threatens Holders of Cash

Unprecedented Global Bond Bubble Threatens Holders of Cash

As big as previous real estate and stock market bubbles have been, the current global bubble in government debt dwarfs them all. Not only is it far bigger in size and scope (some $60 trillion in sovereign bonds now trade globally); it is also unprecedented in character. The world has rarely seen a bond bull market that is not only 36 years old, but also shows few signs of ending. And never before in recorded history have interest rates gotten so low across the board. How much lower can interest rates go? Conventional wisdom once held that rates could only get as low as 0%. WRONG! In the current crazed […]

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There Is Only One Right Way to Do a Precious Metals IRA

| September 13, 2016 | Category: Investing
There Is Only One Right Way to Do a Precious Metals IRA

A small handful of outfits in our industry recently sprang up and started heavily promoting a so-called “self-storage” or “LLC” IRA. The pitch is for you to establish an LLC company to store the metals on behalf of your IRA in your home (or nearby). At first glance, it sounds like an attractive option. Investors buy metals to increase privacy and control. Some do not want to rely on third-party vaults and would prefer having personal access to their metals 24 hours a day, 7 days a week. We totally agree with this sentiment when it comes to precious metals that you personally and directly own. But anyone considering this […]

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Craig Hemke: Central Banks Able to Get “Trading Machines” to Pump Up Markets, for Now…

Craig Hemke: Central Banks Able to Get “Trading Machines” to Pump Up Markets, for Now…

Listen to the Podcast Audio: Click Here Mike Gleason: It is my privilege now to welcome in Craig Hemke of the TF Metals Report. Craig runs one of the most highly respected and well known blogs in the industry and has been covering the precious metals for close to a decade now and puts out some of the best analysis on banking schemes, the flaws of Keynesian economics and evidence of manipulation in the gold and silver markets. Craig it’s great to have you back and thanks again for joining us today. Welcome. Craig Hemke: Hey Mike, it’s always a pleasure. Thanks for the invite. Mike Gleason: Well we’ve got […]

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Fiction, Fairy Tales, and Fiat

Fiction, Fairy Tales, and Fiat

Do young Americans today know anything about economics? No, they don’t, according to a study during the 2016 presidential primary season, which says lots of other Americans don’t either. The survey found 58% of millennials favor government-run socialism (statistically 6 out of 10), while a nearly identical number (64%) don’t want government interference in free markets. The incompatible findings make no sense, unless… Americans aged 18-24 simply don’t understand the real meanings of either concept. Sadly, the study says that’s true of one-third of all Americans. Not a clue. The evidence is the large following behind avowed socialist Bernie Sanders during his presidential campaign. This lack of understanding is concerning, […]

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The Sidelines Could Be More Dangerous for Investors Than Getting on the Field

The Sidelines Could Be More Dangerous for Investors Than Getting on the Field

bullion investors have stopped investing in precious metals despite premiums being at the low end of the range. The article goes on to explain why this is happening and how dangerous it is for people to be running to cash at a time like this.

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David Morgan Urges Investors to Obtain REAL Money outside the Banking System Immediately

David Morgan Urges Investors to Obtain REAL Money outside the Banking System Immediately

Listen to the Podcast Audio: Click Here Mike Gleason (Money Metals Exchange): It is my privilege now to be joined by our good friend David Morgan of The Morgan Report. David, I hope you’ve been having a good summer and welcome back. It’s always a pleasure to talk to you. David Morgan (The Morgan Report): Thank you very much, and yes, I have been having a wonderful summer. Thank you. Mike Gleason: Well, as we begin here, David, please give us your thoughts on the recent pullback in the metals. We’ve maybe been overdue for a correction for a while now. I know in following your work, you’ve been calling […]

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