By Michael Snyder When panic and fear dominate financial markets, gold and silver both tend to rapidly rise in price. We witnessed this during the last financial crisis, and it is starting to happen again. Because I am the publisher of a website called The Economic Collapse Blog, I am often asked about gold and … Continue reading
By Egon Von Greyerz, Goldbroker.com For anyone who has money in the bank today, it is virtually guaranteed that in the next 5-7 years either the bank will be gone or the money will be worthless, or probably both. Governments and Central Banks are now supreme experts in the total destruction of your money. They are … Continue reading
By Nick Giambruno, Casey Research In the 1989 Batman movie, the Joker (played by Jack Nicholson) showers a crowded Gotham street with free money. In the scene, it looks like it’s raining hundred-dollar bills. The people love it. Little do they know, the money is actually a trap. Once the Joker has lured them into … Continue reading
By Mike Gleason, Money Metals Exchange Mike Gleason: I’m happy to welcome back our good friend David Morgan of TheMorganReport.com and author of the book The Silver Manifesto. David it’s a pleasure to talk to you as always, how are you? David Morgan: I’m doing well, thank you for having me on your show. Mike … Continue reading
By Stefan Gleason, Money Metals Exchange The gold bull is back. After trending downward for more than four years, gold prices have broken out to the upside with a gain of more than 20% off their December lows. Gold’s crossing of the 20% threshold even caused the financial media to take notice. “Gold is now … Continue reading
By Addison Quale, SchiffGold With apologies to Freddy Mercury and Queen, it looks like another one has just bit the dust. You can now add the Japanese central bank to the list of banks that have ventured deep into negative interest rate territory with the sale of a negative rate bond. The Swiss are already … Continue reading
By Simon Black, Sovereign Man Over 4,000 years ago during Sargon the Great’s reign of the Akkadian Empire, it took 8 units of silver to buy one unit of gold. This was a time long before coins. It would be thousands of years before the Lydians in modern day Turkey would invent gold coins as a form … Continue reading
By Clint Siegner, Money Metals Exchange Gold officially entered a bull market in last week’s trading with prices gaining more than 20% from their December lows. The silver price also put on some very nice gains, but the price needs to reach about $16.40 before watchers can make the same claim. If the white metal … Continue reading
By Simon Black Just stunning. German newspaper Der Spiegel reported yesterday that the Bavarian Banking Association has recommended that its member banks start stockpiling PHYSICAL CASH. Europe, of course, has been battling with negative interest rates for quite some time. What this means is that commercial banks are being charged interest for holding wholesale deposits at … Continue reading
By Samuel Bryan, SchiffGold Media and government officials keep telling us the economy looks great, but a peek behind the curtain tells a different story. Some people do see the writing on the wall. Peter Schiff has been saying the US may well have already entered a recession. Last month, Jim Grant echoed Peter, saying the US … Continue reading