Latest Gold & Silver Price News
There are many drivers of precious metal prices, such as global economic growth, supply and demand, inflation expectations, interest rates, production, geopolitical turmoil, etc. Having said that, one of the primary drivers of the prices of the two most popular precious metals gold and silver, that investors always need to keep an eye on, are movements in the global currency market. Gold, silver and the US dollar The US dollar is the base currency for both gold and silver. That means in the global commodity markets, both gold and silver are generally bought using US dollars. Therefore, if the dollar weakens, gold and silver become cheaper to purchase and their […]
By Clint Siegner, Originally Published on Money Metals Exchange Confidence is slippery, even when you are a metals investor sitting atop the best performing assets of 2016. It doesn’t help when 4 years of a miserable bear market remains fresh in our memories. Any weakness in prices and it can feel like markets are getting ready to plunge right back to $13 silver and $1,000 gold. That feeling is called the “Wall of Worry”, and bulls are going to have to climb it by staying in the market even if their emotions are telling them to bail. Let’s review the last 6 weeks because they are quite instructional. June 1st: […]
Listen to the Podcast Audio: Click Here Mike Gleason: It is my privilege to be joined now by David Smith, senior analyst at The Morgan Report, and regular contributor to MoneyMetals.com. David, it’s always great to have you with us. How are you? David Smith: Very good, Mike. I enjoy coming back. Mike Gleason: Well, as we’re talking here on Thursday morning, we’re seeing the metals holding up quite well under the circumstances, and especially given the recent strong advance by the sector. Prices have pulled back some, and maybe we’re seeing a pausing of sorts here after the big run up that we saw immediately following the Brexit decision. […]
By Guy Christopher, Originally Published on Money Metals Exchange The very first word anyone ever saw on a circulating United States coin was the word “LIBERTY.” From half-cents to silver dollars, each featured the likeness of an unnamed woman. The images varied, thanks to different engravers, but together they became recognized as Lady Liberty. Many, maybe most, of young America’s citizens were illiterate. “Liberty” may have been the first word they ever learned to read. If not, they surely knew her face. The Revolutionary War for them was not ancient history. The Founding Fathers knew all gold, silver, and copper is sound money and didn’t mind that American coinage circulated […]
By Stefan Gleason, Originally Published on Money Metals Exchange Under certain circumstances, seemingly decent human beings are capable of horrific things. So it is with Former Federal Reserve Chairman Alan Greenspan, who parlayed his sound money bona fides into the top post at America’s private banking cartel and current issuer of our un-backed currency. In betrayal of his own stated free-market principles, Greenspan spent his tenure at the Fed pumping up financial markets with easy money and enabling runaway government spending commitments. Today, however, the “maestro” of central banking is playing a very different tune. He’s warning against an inevitable crisis resulting from the very policies he helped implement. Perhaps […]
Now that the precious metals’ five-year cyclical bear market is acting like it’s been replaced by a vibrant bull run in the opposite direction (up!), many analysts who chided the ongoing rise in the mining stocks and metals that started in December 2015 are begrudgingly changing their “outlook” so they don’t get left behind.
It is way too early to sound the “all clear” signal, and the real Brexit fallout may still be ahead. Here are some developments that investors should weigh carefully…
Gold – the oldest payment option for a lot of players, is still something that a lot of players are ultimately going to think about and want to use. People are still going to need to play online casino games electronically, of course. However, when people play table games such as Black Jack at the Royal Vegas Online Casino, it is going to feel as if most of the cash transactions and most of everything that goes on there manages to be indirect. Gold – the oldest payment option may not be exactly what people use today, but in many ways, the currency has really not changed all that much […]
Article By Guy Christopher “Look at that screen,” exclaimed Fox Business Network’s Stuart Varney, referring to the television graphic showing markets crashing across the globe. “The only thing going up is the price of gold!” “It’s always a dangerous thing when you leave democracy up to the people,” joked Varney’s guest – venture capitalist and author Peter Kiernan, as they watched Britain vote Thursday night to escape the European Union The dust is still settling after Britain’s seismic Brexit vote June 23rd. At issue: who should control British economic and immigration policies – Brits themselves, or unelected bankers and their bureaucracy stooges. A choice between the liberty of self-determination or […]
Should You Invest in Gold or Silver? The prices of bullion coins have increased in recent years. High inflation rates, slow economic growth, loss of global value of currency, and social and political uncertainty leads to increment in prices of precious metals. While gold has never lost its value over the centuries, it is not the only precious metal worth the investment. Other metals, like silver and platinum have been aggressively competing with it. 2016 is a predictable year for metal investors. If you are considering to buy gold or silver, then have a look at the factors below to choose one that suits your needs. Long-term and Short-Term Gains […]
Will You Heed the New Signs of Economic Crisis? By David Smith, Originally Published on Money Metals Exchange On December 7, 1941, Kermit Tyler, an untrained watch officer, was on duty when a radar operator reported to him that he was seeing a large “blip” on the radar screen headed towards Pearl Harbor. Thinking it was a flight of returning U.S. B-17 bombers, Kermit replied nonchalantly, “Don’t worry about it.” Like the warships on Battleship Row, your assets are at risk. Eight battleships – each named for an American state – were grouped at Pearl Harbor when the Japanese attacked. (One – the West Virginia – was named for the […]
I found this video and wanted to share with everyone. The video is a year old? However the problem represented in this video is still very current and upon us. Great source of information. I’m interested to know your thoughts. Video was published by MoneyBags73.
Are Junior Gold Stocks Following 2008-2009 Recovery? Weeks ago precious metals began a correction amid overbought conditions (in the miners) and very bullish sentiment in the metals. The recent Fed minutes helped accelerate the weakness but it lost steam in recent days. A real stinker of a jobs report completely reversed the thought that the Fed would hike rates in the summer and it sent precious metals surging. As a result, the gold stocks and junior gold stocks especially could be back on the path to making new highs before autumn. Below we show our junior gold index bull analog chart. It is a custom index of 18 stocks with […]