Latest Gold & Silver Price News

Gold And Silver Technical Charts – 13 July 2015

Gold And Silver Technical Charts – 13 July 2015

Gold continues waffling around within its $75 price range. This week we had two successful tests of support at the $1150 level, the bottom of the range. With significant economic uncertainty in recent weeks, this lack of response in Gold is somewhat surprising.

Continue Reading

Top Geologist Looking for Next Billion Dollar Gold Discovery

Top Geologist Looking for Next Billion Dollar Gold Discovery

FutureMoneyTrends.com is Recommending Shares of Callinex Mines, a 30-Cent-a-Share Company that is Led by a Mining Hall of Fame Legend.

Continue Reading

Weekly Gold Market Review – July 10th

Weekly Gold Market Review – July 10th

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 $1,163.70 dwon $4.78 per ounce (0.41%). Gold stocks, as measured by the NYSE Arca Gold Miners Index, lost 4.82%. The U.S. Trade-Weighted Dollar Index gained 0.09% for the week.

Continue Reading

Greece Needs Money? Money DOES NOT EXIST!

Greece Needs Money? Money DOES NOT EXIST!

What one will ultimately conclude is the realization that there are no lawful dollars circulating in the United States, today. They were removed from circulation by the Federal Reserve and destroyed during the 1920s and 1930s. At one time, Federal Reserve Notes were specie-backed, just like real United States Notes that were backed by silver and gold.

Continue Reading

More Downside Likely In Precious Metals. Unique Buying Opportunity To Follow.

| July 10, 2015 | Category: Price
More Downside Likely In Precious Metals. Unique Buying Opportunity To Follow.

We appear to be in the early stages of the final act in this precious metals bear market. Gold breaking below $1140-$1150/oz could put us in the middle stages. Our work shows that miners are not yet extremely oversold and have room to fall before reaching strong support. Gold breaking below $1150/oz and then $1100/oz would initiate further losses in the miners and bring them very close to that extreme oversold condition. It is the combination of an extreme oversold condition coupled with strong technical support that creates a very favorable buying opportunity.

Continue Reading

Gold Stocks: Take the Low Risk Road

Gold Stocks: Take the Low Risk Road

The S&P 500 Index hit an all-time high in May 2015. The XAU index of gold stocks hit a 13 year low this week – July 8. The XAU to S&P ratio shows that gold stocks have been weak for several years and appear ready to reverse higher. Take the low risk road. At this time the S&P looks like a high risk path while the XAU looks like a low risk road.

Continue Reading

Silver Pretty, Silver Ugly

Silver Pretty, Silver Ugly

But the day will come when silver prices can be constrained no longer, or the silver shorts cannot deliver their promised silver, or a major bank will force the silver market far higher. When that day comes, the silver market, like the national debt, will exponentially increase again.

Continue Reading

Gold and Silver Price Increasingly Detached from Reality

| July 8, 2015 | Category: Price
Gold and Silver Price Increasingly Detached from Reality

Premiums on gold and silver coins in Greece have jumped significantly, as buyers and sellers struggle to find a more realistic equilibrium price. Investors should expect the same here in the U.S. if demand holds up while spot prices languish.

Continue Reading

Apple Exploring Silver Nanowires for New iPad Pro Screen

Apple Exploring Silver Nanowires for New iPad Pro Screen

Apple watchers say that the company’s upcoming iPad Pro could have a flexible display coated with silver nanowires (AgNW) that works with “Force Touch,” a feature that the company first used on its 2015 MacBook notebooks. The feature allows the display to distinguish among different finger pressures allowing, say, a video to play faster when pressed harder.

Continue Reading

Silver Price Down 4.5 Pct: Exhaustion Selling Or Capitulation Coming?

Silver Price Down 4.5 Pct: Exhaustion Selling Or Capitulation Coming?

The price of silver was down 4.5% today. The worrisome fact for silver bulls is the extremely high volume associated with the price decline. The chart below shows the nasty sell off and its volume in the blue rectangle. The key question is whether this is exhaustion selling, or the start of capitulation.

Continue Reading

This Is One Of Gold’s Softest Bear Markets

This Is One Of Gold’s Softest Bear Markets

Interestingly, this is the second longest bear market. However, what bulls have failed to realise, is that after 12 annual gains leading into 2011 top, this also one of gold’s softest bear markets. Some have been expecting gold to decline at least 40% if not more, similar to the 1974-76 correction.

Continue Reading

It’s Groundhog Day Again for Gold Bulls

It’s Groundhog Day Again for Gold Bulls

From a technical perspective, gold is working on a potential Bearish Engulfing Candle* on the daily chart, signaling a big shift to selling pressure. Unless we see a rally during today’s US session, this candlestick pattern will suggest a possible continuation down toward last week’s low in the mid-1150s.

Continue Reading

Gold And Silver At Make Or Break Level

Gold And Silver At Make Or Break Level

We cannot remember having seen so many markets at critical points simultaneously. It is truly astonishing. Scary movie or turning points? Gold, the monetary commodity, has also arrived at a critical point. Although the triangle on its chart goes back to 2008, slightly less impressive than copper, it also tells us it is make or break time.

Continue Reading

Weekly Gold Market Review – July 3d

Weekly Gold Market Review – July 3d

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 $1,166.20 dwon $9.35 per ounce (0.80%). Gold stocks, as measured by the NYSE Arca Gold Miners Index, lost 2.62%. The U.S. Trade-Weighted Dollar Index gained 0.63% for the week.

Continue Reading