Latest Gold & Silver Price News

Gold Saying Lower Still

Gold Saying Lower Still

It’s not a happy sign that Friday’s selloff crushed several Hidden Pivot supports I’d noted, including a worst-case number at 1167.10. The overshoot was $4.20, sufficient to imply that any rally be regarded as a short-sale opportunity. As of around 4:25 a.m., the futures were butting up against the1173.10 correction target shown. It’s worth a three-tick stop-loss, but this vehicle would become a short-term buy on any pullback from above either of the two labeled ‘external’ peaks.

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Gold Tumbles On Rising Rates

Gold Tumbles On Rising Rates

Gold got hit hard Friday on two fronts. One was the sharp jump in U.S. interest rates. The other was the surge in the U.S. Dollar to the highest level in eleven years. The chart below shows the price of gold tumbling $29 (-2.4%) on Friday to the lowest level for the year. And it did so on rising volume.

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Weekly Review For Gold Investors – March 6th

Weekly Review For Gold Investors – March 6th

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 $1,165.66 down $47.56 per ounce (-3.92%). Gold stocks, as measured by the NYSE Arca Gold Miners Index, lost 11.57%. The U.S. Trade-Weighted Dollar Index was up 2.47% for the week.

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Banker Insanity Grows, Gold And Silver Decline

| March 7, 2015 | Category: Price
Banker Insanity Grows, Gold And Silver Decline

If you do not own it now, you are playing a game of [irresponsible]risk. For those who already own precious metals, even for prices at the highs, accept it and be glad you own either or both. The insane banker’s world in which we live will come to an end, and likely a disastrous one. Keep on stacking, keep on staking. On a relative scale, price should be your least concern.

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Silver Helps Speed Up Touchscreen Production

Silver Helps Speed Up Touchscreen Production

Touchscreens are easy to use but challenging to manufacture because their inner workings are more complex than many everyday users might imagine. When you poke at a touchscreen, a microscopic conductor track detects the touch and sends that signal to larger conductor tracks on the outside of the screen. These macroscopic tracks collect and aggregate that signal with those coming from other microscopic conductor tracks. Until now, it took several production stages to create these differentsized tracks. However, researchers have introduced a process to construct a basic building block of touchscreens in one step.

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No Trade In Gold For Now

No Trade In Gold For Now

Gold has not developed a daily chart bottom — and I believe this is a necessary condition for any future bull market in the metal. I thought Gold had formed a H&S bottom in Jan 2015, but the recent decline has been too severe, so we are back to the drawing board. I see no trade in Gold at the present time.

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Ted Butler: More Evidence Of JP Morgan’s Manipulation Scheme In COMEX Silver

Ted Butler: More Evidence Of JP Morgan’s Manipulation Scheme In COMEX Silver

Ted Butler has written extensively about silver manipulation. He has been the first analyst in this area to explain in great detail the mechanics of silver manipulation, but also to provide hard evidence on numerous occasions. In his latest update to his premium subscribers, he explains how JP Morgan is applying manipulative tricks in the March 2015 futures contract on COMEX silver.

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Currency Turmoil Make Gold And Silver Ownership a Necessity

Currency Turmoil Make Gold And Silver Ownership a Necessity

The first two months of 2015 have seen turmoil in the currency markets extend from Russia and Ukraine to the heart of Europe. “Central Banks Now Open 24/7 Fighting Currency Wars and Deflation,” blared a February 12th Bloomberg headline. Against this backdrop, precious metals have been on the rise in terms of all currencies except the Swiss franc and the U.S dollar.

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Save Money, Keep Warm by Wearing Nanosilver Clothing

Save Money, Keep Warm by Wearing Nanosilver Clothing

Indoor heating accounts for about half of the world’s energy consumption, according to the International Energy Agency, so researchers at Stanford University wondered if wearing clothes with imbedded silver nanowires would allow people to lower their thermostats. These clothes would also keep people comfortable in cold weather outside.

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Precious Metals Insurance Against Destructive Policies Of Financial/Political Ellite

Precious Metals Insurance Against Destructive Policies Of Financial/Political Ellite

What I find extremely annoying is the fact that while these banks commit just about every financial crime imaginable, the regulatory bodies refuse to prosecute any banker and continue to harass hard working individuals instead. And, many of these individuals have merely taken precautionary measures to protect their wealth against corrupt governments as well as bad monetary policies.

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Mind The Risks Of Sovereign Debt, Fiat Currencies, And Leveraged Paper Investments

Mind The Risks Of Sovereign Debt, Fiat Currencies, And Leveraged Paper Investments

The S&P, crude oil, gold and silver have exponentially increased in price as fiat currencies have been devalued. Consumer price inflation destroys purchasing power, especially when interest rates are low or negative. Unbacked paper fiat currencies are well and truly on the road to oblivion, and the lambs are being led to the slaughter of assets invested in sovereign debt, fiat currencies, and leveraged paper assets.

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April Gold Fails to Entice

April Gold Fails to Entice

The 1225.80 ‘buy trigger’ I’d suggested here yesterday went unachieved, sparing us the false encouragement of a bull trap rally that died in the wee hours Monday morning. The subsequent dive exceeded a Hidden Pivot support at 1199.60 (see inset), promising more pain for bulls down to as low as 1176.30 over the near term. The futures were ostensibly a bull trade shortly after midnight Tuesday, but let’s wait for a print at 1225.30, lest we court disappointment.

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Silver Nanowires To Replace Expensive Compound In Touchscreens And TVs

Silver Nanowires To Replace Expensive Compound In Touchscreens And TVs

Indium tin-oxide is widely used in touchscreens, plasma televisions and flexible electronics because of its high electrical conductivity and optical transparency. However, this compound is becoming more expensive and engineers are seeking an alternative. One substitute may be silver nanowires embedded in flexible polymers.

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Commitment of Traders Report: JP Morgan Still Short Silver Around 18,500 Contracts

| March 2, 2015 | Category: Trading
Commitment of Traders Report: JP Morgan Still Short Silver Around 18,500 Contracts

This is an excerpt from Ed Steer’s Gold & Silver Daily Newsletter, with an overview of the most actual COMEX futures market positions.

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