Gold & Silver Digest: 2/1/13

Adam Taggart
By Adam Taggart on Fri, Feb 1, 2013 - 6:59pm

The Gold & Silver Digest contains headlines of stories that members of this group deem relevant and/or interesting to precious metals enthusiasts.

If you have articles to submit for the next digest, please email them to me by clicking here.

2/1/13 5:28 PM EST US close metals price quotes from Finviz

Reuters: Gold lifted by US payrolls data, posts weekly gain

NEW YORK, Feb 1 (Reuters) - Gold rose in unison with equities and commodities on Friday, notching a weekly gain, after U.S. nonfarm payrolls data showed modest job growth in January.

Bullion prices climbed after the Labor Department also said U.S. job gains in the prior two months were bigger than initially reported, supporting views the economy's sluggish recovery was on track despite a surprise contraction in output in the final three months of 2012.

Jesse's Café Américain: Gold Daily and Silver Weekly Charts

"But there is a sort of 'Ok guys, you're mad, but how are you going to stop me' mentality at the top."

Robert Johnson

Audacious oligarchy.

This will not end well.

Business Insider: Huge Credit Suisse Report Declares: THE GOLD ERA IS COMING TO AN END

The anti-gold bandwagon is getting more and more crowded.

Analysts Tom Kendall and Ric Deverell of Credit Suisse is out with a bombshell report this morning titled: Gold: The Beginning Of The End Of An Era.

DollarCollapse.com: “Everybody in the Industry Knows the U.S. Doesn’t Have the Gold”

In this week’s talk with National Numismatics’ Tom Cloud, he explains why Germany’s gold repatriation is just the beginning, the US Mint’s silver shortage will continue, and the big money is right about precious metals.

The Gold Report: Harry Dent: Roller Coasters, Megaphones, Addictions and Comas—What Kind of Economy Is This?

Booms and busts in the economy are based on predictable demographic cycles such as those studied by Harry Dent, founder of HS Dent, chairman of SaveDaily.com and author of "The Great Crash Ahead: Strategies for a World Turned Upside Down." In this Gold Report interview, Dent predicts a global crash between mid-2013 and early 2015, in an ongoing decade of economic coma. For now, gold and gold equities are great investments, but when the crash comes, read on to find out what he suggests will be a good sector until the echo generation enters the workforce and starts buying potato chips and houses.

The Gold Report: Harry, you base your economic predictions largely on demographics and demographic cycles. As the baby boomers enter old age and spend less, will that quash any hope of an upward trend in the overall economy?

Independant Living Bullion: Gold and Silver Continue to Consolidate

Chris Martenson on protecting against financial turmoil; CNBC anchor outed for her dislike of gold

Welcome to this week's market wrap podcast, I'm Mike Gleason.

On deck we have an exclusive interview with scientist and economic forecaster Dr. Chris Martenson. He presents some unique insights of urgent importance to precious metals investors, so you'll want to stay tuned for that.

lewis-mariani-publishing.com: Silver Bullion and Gresham's Law Going East

Silver is not going away. Its ongoing popularity seems to fly in the face of the modernist, the Keynesian and the visionary who dreams of a world without physical currency or money at all. Despite their viewpoints, silver and other precious metals remain sought after and valued by many investors.

Humans in developed countries often seem obsessed with technology and modernity, but they stillsit in chairs, read with their eyes, and repeat the same behaviors over and over again.

lewis-mariani-publishing.com: The US Mint Resumes Sales While Silver Bars Disappear

The U.S. Mint resumed sales after a week of suspension as silver coins sales for January almost doubled compared with the month before. An all-time high of over 7.4 million Silver Eagle coins were bought in January from the U.S. Mint, which substantially exceeded the former record set in early 2011. Gold coin sales were also the highest seen in almost three years.

All of this excitement in the coin market is happening against the backdrop of currency wars, debt ceiling debates, and some of the most blatant price controls implemented in years.

One can almost hear the whispers about the end of QE as the world patiently awaits the fate of Europe’s coming recapitalizations and the rise of the Eurobond.

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