Latest Gold & Silver Price News

Gold Price 2015: Forecasts And Predictions

| December 24, 2014 | Category: Price
Gold Price 2015: Forecasts And Predictions

We provide in this article a comprehensive overview of different forecasts and predictions for the price gold in 2015. We hasten to say that our own stance regarding predictions remains unchanged. We have written several times before that “forecasting isn’t about predicting the market; it’s about marketing the prediction”. We also believe there is a “prediction addiction”. That is why we are not taking specific price predictions too serious. We believe, however, there is value in forecasting. A forecast is not about predicting prices but rather describing a future situation, mostly based on ongoing trends. In this article, we have selected 6 bullish gold forecasts and predictions for gold in 2015, and 9 neutral to bearish stances towards gold in 2015.

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Technical Gold Price Target For 2015

Technical Gold Price Target For 2015

The monthly gold chart shows its second descending triangle from the last three years. Gold is testing support right now. The important take away from this chart is that a break of this descending triangle would result in a price target into the 950-1000 area. Resistance is set at 1260; a breakout above 1260 would negate this target.

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Ronald Stoeferle: Gold Outlook For 2015

| December 23, 2014 | Category: Investing
Ronald Stoeferle: Gold Outlook For 2015

[Sticky post] What gold will do in 2015 is a question that is top of mind of gold investors, particularly during this period of the year. We reached out to gold analyst Ronald-Peter Stoeferle to get his taken on the outlook for gold in 2015. Stoeferle feels that gold is in a long term bottom range. Although the price of the yellow metal could go lower in the short run, it seems unlikely that another price crash similar to the one in the first half of 2013 is about to repeat.

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6 Great Investment Questions To Marc Faber

| December 22, 2014 | Category: Investing
6 Great Investment Questions To Marc Faber

In the latest episode of Ask the Expert, by Sprott Money, Dr. Marc Faber was the invitee. Below are the answers from Marc Faber on 6 excellent questions from Sprott Money readers.

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Crude Oil Crash, Silver Price, and Exploding National Debt

| December 22, 2014 | Category: Investing
Crude Oil Crash, Silver Price, and Exploding National Debt

Crude oil and silver prices have crashed before, and they will again. But the one constant in our financial universe that seems inevitable, for the foreseeable future, is increasing debt. Crude oil and silver prices will follow increasing debt.

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Gold Investors Weekly Review – December 19th

| December 20, 2014 | Category: Investing
Gold Investors Weekly Review – December 19th

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 $1,196.35 down $26.15 per ounce (-2.14%). Gold stocks, as measured by the NYSE Arca Gold Miners Index, fell 0.41%. The U.S. Trade-Weighted Dollar Index slipped 1.40% for the week.

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Dollar Reserve Currency Dying But Meantime No Respite For Precious Metals

Dollar Reserve Currency Dying But Meantime No Respite For Precious Metals

In a nutshell, if the elites have their way, and to date they remain unopposed, the fiat Federal Reserve Note, aka the debt “dollar,” will be replaced with some form of a new international currency, or perhaps Special Drawing Rights, an international basket of currencies. All money may exist as computer credits that can be readily tracked. If anyone dare oppose the bankers, poof, your credits just disappeared, and you have nothing. Bankers rely on debt largesse and fear.

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Silver’s Technical Outlook Shows A Potential Bullish Setup

Silver’s Technical Outlook Shows A Potential Bullish Setup

If silver does manage to bounce back from any of these support levels, it could go on to break the bearish trend line before embarking on a rally towards $18.80 level – this being the meeting point of the 200-day moving average and the 61.8% Fibonacci level of the last downswing.

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Remarkable Action on Dollar and Gold Charts

| December 19, 2014 | Category: Price
Remarkable Action on Dollar and Gold Charts

Sean Brodrick rightfully observes on his blog a remarkable action in both the US dollar chart (as tracked by the UUP fund) and the gold chart (as tracked by GLD). The chart below shows the dollar and right below both dollar and gold. In particular, the rising dollar comes with a stable gold price, which is not the most regular pattern. It is a positive for gold though.

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The Price Of Gold And The Art Of War

| December 18, 2014 | Category: Economy
The Price Of Gold And The Art Of War

When growth slows in capital markets, the bankers’ daisy-chain of credit and debt breaks down; setting in motion defaulting debt which ends in recession, deflation or, in extreme cases, a deflationary depression. A deflationary depression is a fatal monetary phenomena where the velocity of money—circulating credit and debt—falls so low capital markets are no longer self-sustaining. This happens after the collapse of massive speculative bubbles such as the collapse of the 1929 US stock market bubble which resulted in the world’s first deflationary depression, the Great Depression of the 1930s.

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Gold Asset Markets Showing Signs Of Fatigue

Gold Asset Markets Showing Signs Of Fatigue

Gold has had a chance to rally but some of the components of the gold asset markets are now starting to show some signs of fatigue. The price itself , as represented by the Gold Trust ETF, the GLD, looks as though it is trying to form an inverse head and shoulders. In order for this bullish pattern to be completed we would need to see a break above the $120. The hesitating KST in the lower panel throws some doubt on the possibility of the pattern being completed.

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Infographic: The Many Phases Of Silver

Infographic: The Many Phases Of Silver

Like the moon, silver has many phases and is the most dynamic of the precious metals. Its dynamic properties give it the most uses of any metal, which include those in commerce, health and industry. In its first phase, silver acted as a monetary metal. This infographic describes how the Persian empire, the Greek and Roman empires had used silver in their economic and monetary system. In the second phase, silver was a health metal. In phase 3, silver played a role as an industrial metal; today, silver has thousands of uses.

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The Day People Will Need Insurance, Gold Will Not Trade At $1200

The Day People Will Need Insurance, Gold Will Not Trade At $1200

Say what you want about the gold price languishing below $1200, and say what you want about the technical picture or the “6,000-year bubble,” as Citi’s Willem Buiter recently termed it; but know this: gold is an insurance policy and the time to assess gold is when people have a sudden need for insurance. When that day comes — and believe me, it’s coming — the price will be the very last thing that matters. It will be purely and simply a matter of securing possession and at any price. That price will NOT be $1200. A “run” on the gold “bank” would undoubtedly lead to one of those Warren Buffett moments when a bunch of people are left standing naked on the shore.

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Ronald Stoeferle: Opposing Forces At Play In The Precious Metals Complex

| December 16, 2014 | Category: Investing
Ronald Stoeferle: Opposing Forces At Play In The Precious Metals Complex

When taking all ongoing trends into consideration, it becomes clear that there are opposing forces at play in the precious metals complex. U.S. Dollar strength and disinflation, supported by the ongoing oil price collapse, are providing headwinds for the metals; on the other hand, a recent rise in fear in the euro area, combined with continuing loose monetary policies, result in favorable conditions.

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