Gold and Silver continue to surge during Asian trading. Tom Cloud provides a precious metals update (recorded on Tuesday, 04/19/16), about what is taking place in the overall market. He discusses the new Chinese Gold Yuan fix and how it will impact the U.S. Dollar going forward. He also explains…
It looks like something big may happen to the silver market and the Chinese are preparing for it. After China launched it’s new Yuan Gold Fix today, the prices of the precious metals surged. At one point today, silver was up 5%. Silver is now trading at the $17 level,…
Sales of the U.S. Mint Gold Eagles surged last week as investors were spooked by the emergency Fed meetings. As several news sources reported last week, this was the first time both the President and Vice President “unexpectedly” met with the Fed Chairman to discuss the state of the American…
There will be some serious disruptions in the financial industry and market over the coming years. Very few individuals are prepared for what’s coming. Only a small fraction of the public understand the value of owning precious metals. While I have focused my research and writing on the energy, precious…
(By Zerohedge) Back in July of 2014, we reported that in an attempt to obtain if not compensation, then at least confirmation of bank manipulation in the precious metals industry, a group of silver bullion banks including Deutsche Bank, Bank of Nova Scotia and HSBC (later UBS was also added…
As Central Banks continue to prop up the financial system with massive monetary printing, the death of paper money grows closer each passing day. While it is true that the Fed and Central Banks have been able to postpone the day of reckoning much longer than most precious metals investors…