Latest Gold & Silver Price News

Russia and China Increase Gold Holdings As Central Banks Continue Loose Monetary Policies

| October 27, 2015 | Category: Investing
Russia and China Increase Gold Holdings As Central Banks Continue Loose Monetary Policies

Gold offers that same traditional hedge to individual investors as well as central banks. Today’s financial system where unelected central banking elite conjures trillions of dollars and euros out of thin air cannot continue forever. It has an expiration date. And, gold with its millennia-long history is making a comeback.

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Countdown To The Debt Ceiling Deadline

| October 26, 2015 | Category: Economy
Countdown To The Debt Ceiling Deadline

The Treasury Department declared a debt ceiling deadline of November 3rd. Outgoing House Speaker John Boehner will try to push through a debt increase before his scheduled departure on Friday (when he’ll likely hand over the gavel to Paul Ryan). If Congress can’t come to an agreement this week, markets could get rattled on the looming possibility of a U.S. default.

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Technicals: Gold Working Its Way Higher

Technicals: Gold Working Its Way Higher

Gold is working its way higher with a nice pullback to what should be support along the median line of this modified-Schiff pitchfork. This chart is meant to emphasize the failed triple-bottom zone where, IMO, a significant amount of resistance can be expected. After a multi-year downtrend many people were expecting the $1180’ish level to be the bottom. When it failed in late-2014 sentiment became very dark which of course set the stage for a quick rally up to $1300. Breaking above this triple-bottom zone and establishing it as support again will be a major milestone.

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Weekly Gold Market Review For October 23d

Weekly Gold Market Review For October 23d

In his weekly market review, Frank Holmes of the USFunds.com summarizes this week’s strengths, weaknesses, opportunities and threats in the gold market for gold investors. Gold closed the week at $1,164.572 down $12.60 per ounce (-1.07%). Gold stocks, as measured by the NYSE Arca Gold Miners Index, gained 0.19%. The U.S. Trade-Weighted Dollar Index surged 2.71 percent for the week. Junior miners underperformed seniors for the week as the S&P/TSX Venture Index’s loss of 0.91 percent.

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Elite’s NWO Secretly Operates In The Open. Gold And Silver Charts.

| October 25, 2015 | Category: Investing
Elite’s NWO Secretly Operates In The Open. Gold And Silver Charts.

With the manipulated markets, the globalist’s central bankers are doing what they can to prop up the failing “dollar.” Within the space of a month, the fiat dropped from 97 to 94 and then rallied back above 97 for no discernible reason, surely not one that made sense. For as long as the chart of the sickly fiat “dollar” can give the appearance of ‘health,’ gold and silver are unlikely to rally. That said, anything is always possible, so gold and silver should be treated independent of this development.

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How Much Paper Gold Is Being Traded Daily?

How Much Paper Gold Is Being Traded Daily?

The gold market is also dominated by derivatives, or, in our own words, ‘paper gold’. But what is the dollar value of the ‘paper gold’ market? Here is an estimate. Think about it: How is it possible that derivatives are able to set the price of a physical asset?

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Gold Miners Are Coming Alive

| October 23, 2015 | Category: Stocks
Gold Miners Are Coming Alive

Our most interesting observation of this week is that gold has traded flat for a couple of days but that gold and silver miners were rising significantly on those days. We know that miners have a track record of leading the metals both higher and lower. That being said, this week’s price action in the gold mining space could be of exceptional significance. The three key gold and silver mining indices are all flashing the same bullish signals. The chart below features several indicators which are mainly sending bullish signals.

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The 7 Biggest Lies about Gold

The 7 Biggest Lies about Gold

It’s hard to say which lie about gold is the biggest whopper. Many widely held beliefs about gold are lies – propaganda hammered home to have us believe the only true measure of wealth is government-issued debt.

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Amazing Chart: Silver To Start A Huge Rally?

| October 22, 2015 | Category: Price
Amazing Chart: Silver To Start A Huge Rally?

Note how silver started a huge rally, both in 2003 and 2008, when the gold to silver ratio reached the upper border of its long term range. Are we about to experience a similar rally now?

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Gold’s Bullish Flag Breakout Targets $1200

| October 22, 2015 | Category: Technicals
Gold’s Bullish Flag Breakout Targets $1200

Despite a modicum of weakness today, gold’s technical outlook remains optimistic in the near-term. After peaking near 1190 last week, gold has nudged its way back down to 1165 as of writing. The shallow, controlled pullback after the big rally of the previous days has created a clear bullish flag pattern. It’s worth noting that, despite its name, this pattern is only seen as a bullish sign if we see a breakout above the top of the flag (currently near 1180).

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Gold Analogue: Then and Now

| October 22, 2015 | Category: Price
Gold Analogue:  Then and Now

Gold prices can be amazingly volatile, especially when fear increases and a majority of people lose confidence in debt based fiat currencies, central banks, and politicians. If the analogue continues for several more years, we might see gold prices increase by a factor of five to ten into the $5,000 to $10,000 range in five to seven years (double the 3.5 year rally in the 1970s). We should not expect this analogue to predict gold prices, but we should NOT discount the possibility of a similar pattern unfolding.

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Gold Is Exceptionally Cheap At The Moment

Gold Is Exceptionally Cheap At The Moment

According to Hathaway, gold is exceptionally cheap at the moment because the radical monetary policies practiced by the world’s leading central banks have led to an egregious mispricing of risk by investors at large. We believe that the Fed’s continuing (and increasingly glaring) inability to normalize interest rates validates our long standing thesis that monetary extremism cannot be unwound without triggering a slew of unacceptably painful consequences for the holders of risk assets and bonds.

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Costs For Banks To Hold Gold To Rise Up To 300 Pct

Costs For Banks To Hold Gold To Rise Up To 300 Pct

As noted by Reuters, new liquidity rules for banks in the EU could raise costs for trading gold by up to 300%. Consequently, banks will be forced out of the market, according to London Bullion Association (LBMA).

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Silver Prices Will Rise Considerably Between 2016 And 2020

| October 20, 2015 | Category: Price
Silver Prices Will Rise Considerably Between 2016 And 2020

In the next few weeks the banks may engineer another gold and silver smash, but silver prices will rise considerably in 2016 – 2020. The US and most global stock markets have entered a bear market. Some paper wealth will move from collapsing stock and bond markets into pure wealth – gold and silver, causing prices to rise.

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