Latest Gold & Silver Price News

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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Gold Price Strengthening as Debt Ceiling Debate Heats Up … Again

| October 19, 2015 | Category: Price
Gold Price Strengthening as Debt Ceiling Debate Heats Up … Again

Since President Obama’s inauguration in 2009, the federal debt held by the public has soared by 107%, according to recent data published by the Treasury Department. In raw dollars, Obama and his allies in Congress have burdened families with an additional $6.7 trillion in debt. That’s equivalent to more than $57,000 per household. Now the Obama administration is hoping to extract one last debt deal out of the retiring GOP Speaker.

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Gold: Third Time’s The Charm? Amazing Chart.

| October 19, 2015 | Category: Price
Gold: Third Time’s The Charm? Amazing Chart.

Gold has broken above its 200-day average for the first time in 100 days once again. That’s the third time in the past five years. It has had multiple failed breakouts after being below its 200-day average for more than 100 days several times in the past 40 years. The third time it managed to break above its average coincided with sustained rallies during the next 1-3 years.

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Weekly Gold Market Review For October 16th

Weekly Gold Market Review For October 16th

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 $1,175.48, up $18.20 per ounce (1.57%). Gold stocks, as measured by the NYSE Arca Gold Miners Index, gained 1.72%. The U.S. Trade-Weighted Dollar Index fell 0.08% for the week. Junior miners underperformed the seniors for the week as the S&P/TSX Venture Index gained just 0.73 percent.

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