The Indian government has restricted the importation of gold. So Indians have switched to silver:

Starved of gold, Indians may import record volumes of silver (Reuters) - Indian silver imports are on pace to hit a record high this year as the wedding and festi... read more

Peter Schiff lays an iPod-sized bar valued at about $40,000 on the sun room floor of his Connecticut mansion, and calculates it would cost about $250,000 for each floor tile to pave the room with gold. He shows off $50 gold chips, to be used when paper money becomes worthless, a prediction repeated on his daily two-hour radio show broa... read more

Paper gold in the developed world may trade based on the whims of marginal momentum chasers, and of course, the daytrading mood of the BIS gold and FX trading desk [7], but when it comes to physical gold and China's appetite for it, one word explains it best: unstoppable.... read more

World silver spot prices are determined by a once sacred, but now inept, process. While the evolution of futures contract for the modern age helped facilitate the industrial revolution, it has now been completely usurped and abused. This is especially the case in gold and silver, even to the point where confidence in this market threatens to turn the world financial system upside down. read more

“There are a thousand hacking at the branches of evil, to one who is striking at the roots." - Henry David Thoreau, 1846 Institutional trust and confidence continues to unravel as less and less participation, combined... read more

Many analyst writers choose the Black Swan analogy to describe deeply ominous events in progress, with little forward notice. The analogy simply does not fit anymore, as an armada of black swans is more appropriate, spotted on regular and frequent sightings. The Jackass preference is to describe a series of majo... read more

Sales of American Eagle gold coins by the U.S. Mint this year have surpassed the total for all of 2012 as the futures market, which tumbled into a bear market in April, heads for the first annual decline sin... read more

The basic predicament we are in is that the current crop of leaders in the halls of monetary and political power do not appear to understand the dimensions of our situation. The mind-boggling part about all this is that it's not really all that hard to grasp. Our collective predicament is simply this: Nothing can grow forever. Sooner or later everything must cease growing or... read more

In the winter of 2009, lawyer, investment banker, and advisor on capital markets to the Director of National Intelligence and the Office of the Secretary of Defense, James Rickards took part in a secret war game sponsored by the Pentagon at the Applied Ph... read more

Gold has risen 8% since hitting a three month trough on October 15 as value buyers bought gold. The Fed yesterday sounded a bit less optimistic about economic growth as it announced plans to keep buying $85 billion of U.S. bonds per month. The central bank noted that the recovery in the housing market had lost some steam and suggested some frustration at how poorly the labou... read more