RSSCategory: Articles: Gold Silver Prices

Precious Metals Rally Up to Trump Inauguration… Now What?

Precious Metals Rally Up to Trump Inauguration… Now What?

Gold and silver are off to a good start in 2017, advancing again last week into Donald Trump’s inauguration. If recent history is a guide, this year could bring some nice gains in precious metals. Bloomberg reports there have been gains in the gold market in the year following 6 of the past 7 presidents’ first inauguration. The average gain is 15%, dramatically outperforming the S&P 500 which loses, on average, about 1%. Recent gains in metals were driven largely by weakening in the Federal Reserve Note, aka the dollar. The dollar lost ground despite some hawkish remarks from Janet Yellen. Her speech was overshadowed by comments from Donald Trump, […]

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Frank Holmes: Gold Rally Extremely Likely in January and February

Frank Holmes: Gold Rally Extremely Likely in January and February

Your browser does not support the podcast player element. DOWNLOAD MP3 Mike Gleason (Money Metals Exchange): We are fortunate today to be joined by Frank Holmes, CEO and Chief Investment Officer at U.S. Global Investors. Just recently Mr. Holmes received another award from the Mining Journal and was named America’s Best Fund Manager for 2016, one of many awards he’s received now in the mining industry for his fantastic track record. He is also the co-author of the book The Gold Watcher: Demystifying Gold Investing and is a regular guest on CNBC, Bloomberg, Fox Business, as well as right here on the Money Metals Podcast. Frank Happy New Year to […]

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Gold Prices Are Being Hacked

Gold Prices Are Being Hacked

Major U.S. and international banks cheat their customers and rig markets. Revelations have been piling up since the 2008 financial crisis. Hundreds of billions have been paid in fines, penalties, and settlements. The fraud, price manipulation, lying, and theft – once considered conspiracy theories – are now incontrovertible conspiracy facts. This reality is dawning now in the precious metals industry. GATA, the Gold Anti-Trust Action Committee, labored for years making the case for price manipulation in the markets. They, and others, made a powerful argument complete with price charts and trading patterns that simply could not be explained in free and fair markets. But their argument was universally disregarded by […]

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Bullion Exchanges announces the exclusive release of the commemorative 1 oz Silver John F. Kennedy JFK Solomon Islands $1 Coin.

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How gold prices reacted following U.K. Third Quarter GDP

How gold prices reacted following U.K. Third Quarter GDP

The UK Brexit vote and the US presidential election combined to make 2016 a year in which investors are flocking to traditional assets as safe havens. As the global stage is awash with economic uncertainty, gold has been a primary asset trusted as a safe haven, driving prices and interest up for the larger part of 2016. Since the Trump victory, gold has seen something of a downturn and last week the UK announced its second estimate on the third quarter GDP. The first figure to cover the full three month time period since the country elected to leave the EU, the UK confirmed its economy grew 0.5% in the third quarter. This amid […]

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What’s Behind the Recent Surge in Volatility?

What’s Behind the Recent Surge in Volatility?

BY HARD ASSETS ALLIANCE It’s no secret that people don’t like uncertainty. By nature, humans are generally creatures of habit—preferring stability and safe outcomes. This is especially true when it comes to financial matters. However, financial markets are almost always facing some type of uncertainty, be it corporate earnings, interest rates, or geopolitical events. The issues are often benign and the outcomes are non-events, but as we know, there are always surprises causing markets to react. The volatility index, commonly referred to as the VIX, is a measure of investor uncertainty and fear of the unknown. The VIX can go months at a time meandering along without much direction and […]

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Election Uncertainty Now Influencing Gold & Silver Prices

Election Uncertainty Now Influencing Gold & Silver Prices

Most of us consider this year’s presidential election as the wildest and most unpredictable we’ve ever seen, but you wouldn’t know it by looking at the markets. Gold and silver spent most of the past three weeks going nowhere fast. Between Oct. 6th and Oct. 27th silver traded within ten cents of $17.60/oz – an extraordinarily tight range. Precious metals generally thrive on uncertainty, but the markets have been unfazed and instead have appeared to be paralyzed. It seems Wall Street may not have shared the trepidation many Americans at large have been feeling. That may be about to change. On Friday, FBI director James Comey, of all people, broke […]

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How Will the US Election Impact the Price of Gold

How Will the US Election Impact the Price of Gold

With the American election now less than two weeks away, investors are wondering how the final results could impact a volatile precious metals market. While studies show that the price of gold in the long-term is primarily affected by US economic and monetary policies, rather than simply the result of a presidential campaign, the run-up to an election does show distinct trends. Typically, there is an increase in the price of gold as the election year approaches. As the future economic policies of the candidates become more established, there is a slow decline in the few months immediately preceding the election before another noticeable bump after the election is over. […]

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Frank Holmes: “Chindia” Buying Gold on Dips, 20% Corrections Are “Non Events”

Frank Holmes: “Chindia” Buying Gold on Dips, 20% Corrections Are “Non Events”

Your browser does not support the podcast player element. DOWNLOAD MP3 Mike Gleason (Money Metals Exchange): Frank, it’s good to have you back on. Congratulations on another well-deserved award and thanks for joining us again today. Frank Holmes (U.S. Global Investors): Well, thank you for that recognition, but I want to make sure that your listeners know that portfolio manager Ralph Aldis is also key in that whole thought process and director of research and oversees the gold funds with myself. He’s a geologist. He has a master’s in mineral economics, a master’s in geology. I like to tease him he has more degrees than a thermometer. Mike Gleason: Well, […]

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What in the World Happened to Gold and Silver Prices Last Week?

What in the World Happened to Gold and Silver Prices Last Week?

Gold and silver prices charged higher during the first 6 months of the year. They fell into a rut over the summer, and then hit the skids last Tuesday. Lots of bullion investors are wondering what in the world happened. There are three primary factors driving this price correction. The first is the strength in the U.S. dollar. The DXY index, which measures the dollar against other major world currencies, hit its highest levels since July. This surge, however, is not driven by safe-haven buying as it was immediately following Brexit. That sort of fear driven buying would almost certainly be boosting precious metals as well. Rather, investors are looking […]

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2017: Gold and Silver’s Year of “Public Recognition”

2017: Gold and Silver’s Year of “Public Recognition”

In all probability, December 2015 marked the bottom of the cyclical gold and silver bear market – a bear cycle that had been in play since silver topped in May 2011 and gold in September of the same year. During the fourth quarter 2015, share price declines of the precious metals mining companies tapered off once the last of the weak hands gave up and sold their positions to stronger, forward-looking investors. If you go to a free chart service like stockcharts.com, you can choose any number of mining stocks and look at their January 19 daily price action. On this date – for most of the top and second-tier […]

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Gerald Celente Sees Worst Market Crash, New Military Conflict, and Gold Spike to $2,000/oz

Gerald Celente Sees Worst Market Crash, New Military Conflict, and Gold Spike to $2,000/oz

Listen to the Podcast Audio Mike Gleason, Money Metals Exchange: It is my privilege now to be joined by Gerald Celente, publisher of the renowned Trends Journal. Mr. Celente is a highly sought-after guest on these programs throughout the world and has been forecasting some of the biggest and most important trends before they happen for more than 30 years now. And it’s a real honor to have him on with us today. Mr. Celente, welcome back and thank you so much for joining us again. Gerald Celente, Trends Journal: Well thank you, Mike. Mike Gleason: I want to start out by asking you about this massive disconnect between what […]

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Smashed Silver Snaps Back into Ferocious Bull Market

Smashed Silver Snaps Back into Ferocious Bull Market

By Stefan Gleason, Originally Published on Money Metals Exchange The silver bull is back. After five long, frustrating years of price smashes followed by one failed rally attempt after another, silver prices have decisively broken out to the upside. The question facing precious metals investors now is: How sustainable is the uptrend? A major breakout doesn’t necessarily portend any particular duration or price objective to follow. The silver market is notorious for producing price swings that befuddle forecasters. Nevertheless, the birth of a new cyclical bull market suggests the potential for a multi-year up move to come. Before it’s over, we are likely to see new all-time highs. The good […]

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Top Silver Mining CEO Makes a Remarkable Price Forecast

Top Silver Mining CEO Makes a Remarkable Price Forecast

First Majestic’s Neumeyer: “Silver Mines & Silver Are WAY Rarer Than People Actually Think” Listen to the Podcast Audio: Click Here Mike Gleason, Money Metals Exchange: It is my privilege now to be speaking with Keith Neumeyer, Founder and CEO of First Majestic Silver Corp (NYSE:AG), one of the top silver mining companies in the world. Keith has an extensive background on the resource and finance sectors and has also been an outspoken voice about concerns of distortions in the futures markets pricing for silver. It’s a real privilege to have him back on with us again. Keith, thanks so much for joining us and welcome back. Keith Neumeyer, First […]

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