Latest Gold & Silver Price News

Ted Butler: Price Takers and Price Makers

| July 30, 2015 | Category: Price
Ted Butler: Price Takers and Price Makers

No one speculative trader would be allowed to buy or sell 10%, 20% or 40% of any commodity market in a short period of time and neither should a small group of traders, trading in lockstep, be allowed to do the same. Remember we’re talking about a very small number of managed money traders, close to 30 or 50 traders in most markets. Why should 30 or 50 purely speculative CME traders be allowed to set the price for the millions and even billions of world participants who must then take the prices dictated to them?

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Deutsche Bank’s Gold Price Outlook: A Contrarian Indicator?

Deutsche Bank’s Gold Price Outlook: A Contrarian Indicator?

Could it be that these convincing forecasts are a contrarian indicator? Let’s face it, the “consensus trade” is that gold will and must go lower. When everyone is convinced about an asset moving in one direction, usually the opposite happens.

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Gold Prices Hold Steady after Last Weeks’s Bear Raid

| July 29, 2015 | Category: Price
Gold Prices Hold Steady after Last Weeks’s Bear Raid

While, I think the current negative sentiment towards gold is unjustified, and set to continue, as far as I am concerned, the investment case for gold remains intact. The long-term investment case for gold is not based on short-term price movements. I believe every investor should own some physical gold and have it stored out of the banking system. And, if you have not yet included gold in your portfolio this is probably a great time to buy. It may go down lower, but you will almost never find the bottom.

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Gold: Use the Cockroach Strategy

Gold:  Use the Cockroach Strategy

Gold: the monetary metal that central bankers, politicians, and Too-Big-To-Fail bankers publicly hate. The Cockroach Strategy: A cynical but depressingly accurate view of politics that can assist your investment decisions.

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Inflation Deniers Emboldened by Gold’s Struggles

| July 28, 2015 | Category: Economy
Inflation Deniers Emboldened by Gold’s Struggles

The inflation camp shares the conviction with deflationists that there is too much debt in the system. But they differ on the outcome. Harry Dent and those in his deflation camp figure that central banks and governments will ultimately be powerless to stop default. They think the purchasing power of the dollar will rise against everything else, including gold. We expect default to occur primarily through inflation, with debts stealthily repudiated through repayment in less valuable dollars.

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The Investment Case For Gold Remains Intact

The Investment Case For Gold Remains Intact

On Monday 20th July the gold price fell sharply, dropping 4.3% from its Friday closing price. This note explains what happened and counters some misconceptions.

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Gold Price Still Maintaining Support Within Rising Price Channel

Gold Price Still Maintaining Support Within Rising Price Channel

Even with the latest manipulative selling of COMEX Gold futures, price is still maintaining support within the price channel and horizontal support zone. The latest selloff has taken Gold to the median line of the Andrews pitchfork and almost to the 100% Fibonacci extension level. We should see some support in this area even if it is short-lived.

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Gold Price Chart Offers a Glimmer of Hope

Gold Price Chart Offers a Glimmer of Hope

Friday’s rebound looked ever-so-slightly promising, since it followed a moderate selloff that did not quite achieve its ‘D’ target, 1064.00. Now, if bulls can push this erstwhile cinder block above the two peaks shown, it would generate an impulse leg with enough vigor, perhaps, to power a rally into week’s end. The burden of proof will remain on bulls nonetheless, and it should be noted that the last such impulse leg, in mid-June, sputtered out almost immediately, giving way to a $125 decline.

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Ron Paul: Look to Switzerland for Path toward Peace

Ron Paul: Look to Switzerland for Path toward Peace

Ron Paul says people seeking to advance peace can learn much from looking to Switzerland. Paul states in an interview that he likes Switzerland’s “very successful national defense,” and adds “there is no reason that we can’t use that as a starting point.”

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Weekly Gold Market Review – July 24th

Weekly Gold Market Review – July 24th

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 $1,099.05 down $35.42 per ounce (3.12%). Gold stocks, as measured by the NYSE Arca Gold Miners Index, lost 9.72%. The U.S. Trade-Weighted Dollar Index lost 0.60% for the week.

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These 3 Drivers Are Sending Gold Price To Multi Year Lows

These 3 Drivers Are Sending Gold Price To Multi Year Lows

Besides apparent price manipulation, other factors are affecting gold’s behavior right now, three in particular.

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Gold And Silver – The US Dollar Does Not Exist

Gold And Silver – The US Dollar Does Not Exist

Despite another so-called “smash down” of gold and silver, having an awareness of the direction of the trend, as we have been advocating for the past few years, one cannot be surprised by the drop as much as one can be verily surprised by the extent to which the central bankers have had such a relentless stranglehold on gold and silver, and it appears that they have not yet finished playing their manipulated hand.

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A Gold-en Anchor on Prices

A Gold-en Anchor on Prices

Gold is testing a critical support level around 1085. This zone represents the convergence of two Fibonacci extensions (the 127.2% extension of the November-January rally and the 161.8% extension of the March-May upswing), as well as the intraday lows on Monday and Wednesday. As we go to press, gold is peeking below that support zone, but it may be worth waiting for the weekly close before assuming that it’s been conclusively broken, especially given the deeply oversold daily RSI indicator.

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Silver Prices 100 Years

| July 23, 2015 | Category: Price
Silver Prices 100 Years

If (when) we experience a crash in bonds, stocks, or currencies, do you think central banks will do nothing and let them correct naturally, or will they print currencies, like never before, to reflate the bubbles? Yes, they will print and some of those extra dollars, euros, and yen will find their way into the safety of silver and gold, boosting their prices.

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