News

We’ve already talked about the banking crisis in Italy, with 360 billion € in bad loans, the equivalent of 22% of its GDP, an inordinate amount that leads us to fear the worst. The situation has been temporarily stabilised after a deal between the head of government and Brussels: a bailout plan h...

The Bank of England today cut its official interest rate for the first time in 7 years, from 0.5 percent to 0.25 percent.

Investor worries remain about the profitability of the European bank sector after the release of the 3rd “stress test” of lenders from across the EU.

How close is the price of silver related to gold? In other words, how big is the correlation between gold and silver? And should there be one?

Central banks have led the world on a course that could only have one result. And sadly, I believe that we are now very near the beginning of a disaster that will have a bigger impact on mankind than any war, disease or depression that the world has ever experienced.

The two-day meeting of the U.S. Federal Reserve Policy Committee left the nation’s benchmark interest rate as-is but without the unanimity displayed in June.

The theoretical arguments for central bank gold price management are based on the connection of gold with fiat currency. Gold reserves are designed to build confidence in fiat currency. This confidence would be jeopardized if the price of gold increased by too much, which is the theoretical basis...

Investors globally have never faced risk of the magnitude that the we are now exposed to. But sadly very few are aware of the unprecedented risks the world is facing.

http://www.gata.org/files/MylchreestReport-07-25-2016.pdf   Another writer who doesn't understand that in the COTs the Commercials are net short as a consequence that the Speculators are net long. There are too many writers who blame the Commercials without the understanding of how these...

I was very pleased to welcome Jim Rickards to Zurich very recently. In this important 16 minutes video, recorded in a Swiss vault, Jim and I cover many vital factors that investors must be aware of to protect themselves against the major risks in the financial system. Among the topics covered a...

It is no surprise that both commercial and central banks hate gold. Because gold reveals the total mismanagement of the economy and the deceitful actions that the bankers take.

The important silver threshold line was broken briefly last week and continues to bump up against it in early trading today. If the silver price closes above this threshold line by a significant margin, it could mean big trouble for the bullion banks who hold record silver short contracts.

The banksters, by manipulating the price of gold and artificially creating a bear market, have created what will likely turn out to be one of the greatest opportunities ever seen.

There is now a very high likelihood that a major secular decline in the world economy will now start to unravel. The next few weeks and months are likely to be a lot worse than the 2007-9 crisis.

Since its peak at $51.33 in April 2011, silver has languished in the doldrums, dropping to $13.76 just before last Christmas. Friday’s close of $19.77 going into the 2016 Fourth of July long weekend is its highest level since September 2014

Gold at $1,300 and silver at $18 is a bargain. But the metals will not stay at these low levels for very long.