Precious Metals
For Gold, It’s All Eyes On The Federal Reserve This Week
It’s the week investors have been talking about for, well, weeks now. This Wednesday, the Federal Reserve is expected to announce if they will reduce interest rates, and by how much. The debate is pretty much over whether the Fed will reduce. The expectation is they WILL reduce rates, the question is by how much? If they […]
Gold To Silver Ratio Drops As Silver Gains In Value
One of the most reliable indicators to buy silver is looking at the gold to silver ratio over time. This means dividing the spot price of gold by the spot price of silver. The rule relies on the assumption that there is more or less a fixed amount of gold and silver on the planet. So their […]
Gold Stocks May Have Room To Run With Spot Prices At 5-Year Highs
Gold prices have reached their highest level in five years, triggering a newfound excitement in the yellow metal, so what does that mean for gold stocks? One firm suggests gold stocks may not yet be pricing in the higher spot price for gold, so more upside could be just around the corner. Gold stock multiples may expand […]
After Silver’s Recent Rally, Where Is It Headed Next?
Silver bulls have been breathing easier after last week’s performance. This is probably the best “silver pop” we’ve seen in several years. The sad thing is it came rather unexpectedly so longer-term traders may not have caught the beginning of the run. The chart of SLV shows just how quickly the pop hit. I’ve drawn the […]
Gold Prices May Reach $1,500 By This Time Next Year
Ever-climbing stock prices have kept a lid on gold prices for most of this year, but that could be about to change. Fund managers from Incrementum believe we have entered the early stages of a new bull market for gold, although they don’t expect an easy path upward. In their annual “In Gold We Trust” report, Ronald-Peter […]
COT Report Predicts Silver Going Down
Every precious metal trader has been enthralled by the recent run-up in both silver and gold. It’s brought back talk of a “silver surge”, especially with regard to the ratio of silver to gold, which remains very close to the highest ever. This has moved some analysts to call for investors to abandon gold in favor of silver. […]
Gold vs Bitcoin: Which One Is The Big Winner?
The debate over gold vs Bitcoin rages on. We’ve talked about this before, maybe it’s time for an update. As you probably know, Bitcoin fell off the cliff back in November (2018) and spent the first quarter of 2019 in the toilet. Recently it’s made a comeback and is now trading around 8000 USD. Needless to say, this […]
Through Its Purchase Of Gold, China Is Sending The U.S. A Major Warning
China announced yesterday that they increased their central gold reserves by 480,000 oz (approx 14.9 tonnes) in April, noting that this is the fifth straight month of increases. The announcement also noted this brings Chinese reserves to 61.1 million ounces with a value of $78.35 billion USD, as of the end of April. This is an old story to regular readers […]
4 Reasons Why Silver Has Been Dropping
Silver bulls have been confounded lately by the metal’s inability to get up off the floor and run. There are lots of reasons why silver should go higher. After all, we are at prices only slightly higher than they were after fallback from the Hunt brothers trying to corner the silver market back in 1980. You’d think […]
Gold Dropped Below 1280 & Appears To Be Staying There
International gold prices dropped below 1280 on April 16. We’ve been pointing at the 1285/1280 price area as important support for a long time, as history shows it is significant time and again. This is the 1-year chart of GLD, with the red line indicating the GLD equivalent of the 1280/1285 price. You can see […]
