Peter Schiff: Negativity around gold shows ‘many, many years of a bull market’

gold bull market

Who says the decade-long gold bull market has come to an end? After gold and silver suffered a horrendous month of April, many financial experts have been urging investors to sell their precious metals and to move on. However, one long-term proponent … [Read more...]

Demand for physical precious metals strong despite drop in prices

investing-in-precious-metals-gold-silver-platinum-palladium

The large drop in gold and silver prices last month would indicate that there is very little demand and there is an abundant supply of precious metals. However, recent data suggests that demand in physical gold and silver remains strong as many see … [Read more...]

WGC Report: Italian officials considering using gold reserves as alternative to austerity

Banc d'Italia - Photo by: Geobia

The World Gold Council released a report last week that found a strong majority of Italian business leaders and citizens agree that the Italian government’s gold reserves are extremely important and have a positive role in the nation’s economic … [Read more...]

Tangent Capital Investor: Gold to hit $4,000 amid deflation fears by central banks

gold-paper

Although the notion among libertarians, goldbugs and opponents of the Federal Reserve System is that inflation fears are causing the price of gold, silver and other precious metals to go up, others are now arguing that deflation concerns could drive … [Read more...]

Arizona legislature passes bill making gold and silver legal tender money

Bullion - Photo by: Andrew Moran

Over concerns about the weakness of the United States dollar and the Federal Reserve’s questionable inflationary measures, Arizona lawmakers voted Tuesday in favor of making gold and silver coins and bullion legal tender in The Copper State. The bill … [Read more...]

Switzerland to hold national referendum on central bank’s gold reserves policy

swiss central bank

Switzerland will be holding a national referendum sometime in the next several weeks on what the Swiss National Bank (SNB) should do with its gold reserves. The government confirmed Thursday that the Swiss Peoples Party (SVP) had the necessary … [Read more...]

Canadian executive Rob McEwen: Gold still projected to exceed $5,000 an ounce

Rob McEwen Facebook screen caption

Akin to Peter Schiff’s recent projections, goldbug and Canadian gold industry executive Rob McEwen believes gold will still hit the $5,000 an ounce mark, despite gold falling below $1,400 over the past several days. Speaking to the Business News … [Read more...]

Indian citizens flock to buy gold, taking advantage of sell-off

Indians buying gold

As gold prices plunged over the last several days, Indian citizens are taking advantage of this tremendous buying opportunity and are rushing to acquire the yellow metal. With the decline in prices, it is believed the federal government will be … [Read more...]

Peter Schiff: This is the last great buying opportunity for gold

Peter Schiff

Gold has been making headlines for the past two weeks after it dropped off dramatically. During the Monday morning trading session, gold declined by $132.70, or nearly nine percent, to $1,383.20 (at the time of this writing). Silver also dipped below … [Read more...]

More U.S. states pushing for bullion legal tender amid concerns over dollar

Bullion - Photo by: Andrew Moran

The Federal Reserve maintains a long history of creating bubbles, inflating the money supply and being one of the primary culprits of wreaking fiscal havoc in Washington. This is why many states are becoming more distrustful of the Fed and its … [Read more...]