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

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

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...]

Turkey exports $118 million worth of gold to Iran despite Western sanctions

In February, Turkey exported $117.9 million worth of gold to Iran for natural gas, despite tight sanctions imposed by Western nations. In Total, Turkey’s export of gold has increased 18 percent to $551.6 million in February, up from $466 million a … [Read more...]

Swiss group petitions government to stop selling gold reserves, repatriate holdings

A right-wing organization, led by the Swiss People’s Party, the far-right Swiss Democrats and the Lega dei Ticinesi movement, submitted a petition with more than 106,000 signatures that urges the federal government to stop seeking the sale of its … [Read more...]

Gold soars above $1,600 amid fears of Cyprus bank deposit tax

Cyprus agreed to receive a 10 billion euro ($13 billion) bailout from the International Monetary Fund and its European partners. In exchange, the Cyprus government is debating to impose a bank deposit tax: a 6.75 percent tax on deposits under 100,000 … [Read more...]

Bank of Greece says nation’s gold reserves total $6.2 billion

Greece’s gold reserves total roughly $6.2 billion at the end of 2012. This was made public after the nation’s central bank responded to a query made by a Golden Dawn Member of Parliament and the letter was forwarded to Finance Minister Yannis … [Read more...]

Peter Schiff explains the recent correction in gold price

In a recent video presentation Peter Schiff refutes the reports by the mainstream media and others that the gold bull market is over because of the recent pullback in its price.  With global currency wars continuing all currencies will be big losers … [Read more...]