Category: Articles: Gold Silver Prices
Silver: Until Paper Currencies Stop Losing Value
Alasdair McLeod wrote an excellent article in which he said, “So if anyone asks you when you might take your profits in gold and silver, smile sweetly and just say, ‘When paper money stops losing its value.’” When will paper money stop losing its value? I submit that unbacked fiat paper money will, based on history, never stop losing value – as long as it is backed by dodgy sovereign debt issued by governments descending deeper into debt ever year. A viable alternative is currency backed by gold and silver, but even though precious metals have been used successfully as money for centuries, there is far more profit for TPTB […]
Silver: We NEED It!
The answer to many questions often depends upon perspective, whether the questions are; should I buy silver, is the S&P 500 expensive, is huge and unpayable debt a problem, is another World War a bad idea, will eating potato chips and candy bars actually damage my health, and are Republicrats as useless and corrupt as they appear? Many people have suggested that silver prices are hopeless and silver will never go up. This is an overly emotional perspective caused by 4.5 years of declining silver prices and negative sentiment. Consistent with this “hopeless” assessment are: If silver prices ever get back to $20, or $30 or $40, I’ll sell and […]
Gold and Debt: Astonishing Comparisons
Gold is rare and much too inexpensive compared to the $ trillions of debt created each year. Gold prices will rise or the amount of debt in the world will seriously contract. Bet on rising gold prices.
Money And Debt – Do Not Ignore The Reality
The insanity of debt, derivatives, and outright bond monetization in the US, Europe and Japan could cause us to question basic truths and the consequences of ignoring reality.
Silver Price At Historical Extremes Compared To Oil And Stocks
Silver is currently inexpensive compared to the S&P 500 Index, crude oil, the size and rate of increase of the national debt, and especially the future price for silver after markets have reset, paper assets have devalued, and hard assets have jumped much higher in price.
Gold Investors Weekly Review – September 19th
In his weekly market review, Frank Holmes of the USFunds.com nicely summarizes for gold investors this week’s strengths, weaknesses, opportunities and threats in the gold market. Gold closed the week at $1,216.98 down $12.76 per ounce (-1.04%). Gold stocks, as measured by the NYSE Arca Gold Miners Index, fell 5.44%. The U.S. Trade-Weighted Dollar Index rose 0.63% for the week.
Prospects For Gold And Silver Prices From A Russian Point Of View
More rubles, some yuan, maybe even some gold. Totally absent is the use of the dollar as the disappearing world reserve currency. Putin is taking his job of running a country seriously and responsibly.
Few Realise How Undervalued Silver Is At Current Prices
The current price for silver is extremely low and during the third quarter of 2013, silver mining costs averaged $21.39 per ounce. If these low prices persist, mines will eventually close reducing the amount of silver on the market. In turn, that lack of supply should push prices up.
Gold, Silver, Debt – Don’t Miss These Important Charts
In this article, contributor Peter De Graaf shows in five charts the long and short term corrections of the gold and silver price. Precious metals remain within their rising trendline, despite the negative sentiment among investors and trader. Moreover, the seriousness of the debt situation and the impact on the dollar “paper currency” is shown in four charts.
4-Year Silver Cycle Suggests Silver High Around 2016
The last four cycles from crash low to high have taken from 1.75 to 2.5 years. That suggests an upcoming high sometime in 2015 – 2016. The last four cycles from crash low to launch low have taken 1.0 to 1.3 years. That suggests an upcoming launch low sometime in 2014. Following the launch lows, highs occurred approximately 0.5 to 1.2 years later. That suggests a high sometime in 2015 or 2016. We will wait and see.
Future of Investing in Gold
We are of the firm belief that gold has an inherent, intrinsic value that most other asset classes lack. The world economy is shaped as much as the policies of the government as by the sentiments of people. And throughout history, people have shown the sentiment that when the going gets tough, they fall back on gold.
Thomson Reuters Expects A Decent Gold Price Recovery In 2013
The underlying surplus in the gold market (which has ballooned in recent years) is therefore likely to shrink by a fair amount this year. This, along with a probable recovery in buy-side interest from professional investors and ongoing central bank purchases, should pave the way for a decent price recovery later this year.
Gold Silver Price – Fundamentals Never Say “When.” Charts Do.
Fundamentals give the reasons for taking a particular action, but they do not provide the timing. The most important piece of market information always starts with the trend. Gold is now beginning to show signs of a potential bottom. It is too soon to know for certain, at least on the monthly, [not shown], and weekly charts.
Gold Price Rises Slightly After 3 Down Days
Gold prices went slightly higher today, after three down sessions. Comex gold rose $1.10, or 0.1%, to settle at $1,220.70 an ounce, after it had fallen almost $22 in the last two trading days. The U.S. dollar fell 0.82%. The U.S. reported retail sales today, and figures showed a 0.8 percent drop while the median forecast of economists surveyed by Bloomberg called for a 0.4 percent decline. On the other hand, strength in U.S. equities did not help the yellow metal rising sharper, as investors were in a clear “risk on” mood today.
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