As looming inflation, currency wars and a possible run on gold threaten to derail markets, Leonard Melman, author of The Melman Report, is setting his sights on the midtier and near-term producers that he wants to scoop up when the blood is in the streets. In this interview with The Gold Report, Melman explains why gold, silver and the companies bringing them out of the ground could do very wel... read more

It is sad to say there are just two reasons why the U.S. is not yet a banana republic. The first reason is that the US dollar has not yet lost its world's reserve currency status, which is helping to keep interest rates at record low levels. If the dollar, yen and euro were not involved in a currency war, the dollar's intrinsic decline would become much more evident, causing domestic inflation... read more

Today John Embry told King World News that in the silver market there will be a force majeure on the COMEX because of the massive short positions held by JP Morgan. But first, here is what Embry, who is chief investment strategist at Sprott Asset Management, had to say regarding gold: “I’ve been following the gold scene for 30 years, and I believe it’s been subject to a suppression sche... read more

It's no secret that precious metals have disappointed many investors in recent months after prices failed to move higher following the announcement of more money printing by the Federal Reserve late last year. So far in 2013, gold and silver have moved steadily lower based in large part on the idea that despite the central bank creating $85 billion per month in new money, inflation is not a... read more

$118 Million Dollars An Hour That is how much money the Federal Reserve Bank of the United States is creating as you wake, work or sleep. That is $85 billion a month and the stuff must go somewhere. It pours out like sugar upon the markets, each market, every market and it is no wonder that the American stock markets are hitting new highs. The spice must flo... read more

In the alternate universe of manipulated markets, insane derivatives, massive criminal fraud in both the banking and commodities markets, central bank machinations with currency handouts, and complete dereliction of duty on the part of regulatory bodies, it seems that the basic laws of economic price discovery no longer apply. Let’s begin with a definition. Investopedia.com defines the Law... read more

Very recently, the head of the International Monetary Fund Christine Lagarde dismissed concerns on the currency war stating that - There's been lots of talk of currency wars, and we have not seen any such thing as a currency war. We've heard currency worries, not currency wars. We've not seen confrontation but deliberation, dialogue, discussions and clearly this G-20 meeting has been extreme... read more

The Gold Report: The price of gold has dipped under $1,600/ounce ($1,600/oz); silver is below $30/oz. Is this a case of living by the sword and dying by the sword, where precious metals prices only go up in a bad economy and are doomed to languish when things go well? Eric Sprott: That is an interesting question because I do not know what it means to go well... read more

From the simplest of aphorisms to the subtler metrics the situation shouts "buy precious metals." Fundamentals of industry (for silver), commerce and fiscal exchange echo the message. Increasing buying in Asia (gold continues to sell at premiums in the Shanghai and Hong Kong exchanges), ongoing inter-state agreements and conferences calling for a gold-backed international reserve currency make... read more

Throughout history, bankrupt governments in decline almost ALWAYS fall back on a time-tested playbook. This includes imposing controls on EVERYTHING– wage and price controls, trade controls, capital controls, border controls, people controls. Everything. And this idea goes back to the dawn of human civilization. The Third Dynasty of Ur in ancient Mesopotamia, for exampl... read more