Category: Articles: Gold Silver Prices
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.
Silver – Noise Is Deafening
The weak prices for silver and gold during the past three years are a correction to the massive run-up in prices from October 2008 – mid 2011. During that time silver increased from a low of $8.53 to a high of nearly $50.00. Gold increased from a low under $700 to a high over $1,900. They have been correcting since then. The correction is, I expect, over.
Gold Tests Support At $1,200/oz
Gold was pummelled overnight in Asia when a very large sell trade just after the market opened led to further selling throughout the session and this weakness continued in London this morning. Gold is now at its lowest level in 3 years. Somewhat positive U.S. economic data has again lifted stock markets and speculation that the Fed may decrease its QE over the next few months may be pressuring gold. However, these factors do not justify the scale of gold’s fall.
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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