Latest Gold & Silver Price News

The Beauty of Deflation

| January 21, 2015 | Category: Investing
The Beauty of Deflation

We do not know what the future entails when our existing monetary and financial systems break down, but we are convinced that gold and silver will offer security (at least) in the transition period. If we look at the gold purchases by the East, it also reveals how emerging markets have set their minds on gold. This further supports our conviction that a form of gold standard might regain a prominent status and take over once again. However, the prevailing monetary experiment called “fiat currency” is likely to persist for some time to come.

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Gold Price Catching A Bid

| January 21, 2015 | Category: Price
Gold Price Catching A Bid

A combination of global factors appear to be pushing some money back into gold. Rising stock volatility during 2015 also increases the appeal of safe-haven assets like gold.

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Volatility On The Rise As Gold Being Bid Along With Other Safe Havens

| January 20, 2015 | Category: Money & Currency
Volatility On The Rise As Gold Being Bid Along With Other Safe Havens

The key take-away of this article is that gold has not lost its luster, contrary to what mainstream media and pundits have been explaining in the last two years. Despite the big decline in the price of gold in the first half of 2013, gold has been holding up very well since then, and is clearly acting as a safe haven of late.

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Gold Market Momentum In 7 Great Charts

| January 20, 2015 | Category: Price
Gold Market Momentum In 7 Great Charts

The gold market currently looks very strong on the charts. We collected 7 great precious metals charts.

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Gold Price Model Says Gold Is Still Undervalued

| January 19, 2015 | Category: Price
Gold Price Model Says Gold Is Still Undervalued

The price of gold closed on Friday, January 16 at approximately $1,276. My model indicates that price is still too low by about 16% and therefore the probability is that the price of gold will rally substantially in the next several years.

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China’s Strategy Starting To Corner The Gold Market

China’s Strategy Starting To Corner The Gold Market

China has a 4-way global gold supply domination strategy. And it’s starting to corner the market. First, China buys physical gold in world markets, fabricates it where necessary into “good delivery” bars – in Switzerland or the Middle East – then ships the bullion, transparently through Hong Kong or Shanghai. Second, it keeps virtually all domestically mined gold “in house.” Third, China partners with or buys high grade, in-situ gold projects around the globe. Fourth, China’s efforts to purchase “off the books” gold production from what are known as informa or artisanal gold miners in Africa and South America.

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Events Impacting Gold And Silver In The Week Of January 19th

| January 19, 2015 | Category: Price
Events Impacting Gold And Silver In The Week Of January 19th

For the week commencing January 19th, there is are some key economic data releases on the agenda which are not very likely to cause significant volatility in gold and silver prices. However, all focus this week is on the European central bank who will announce two things. First, an interest rate decision is scheduled. Second, a monetary stimulus package could be announced, some sort of bond buying program. All eyes are on the ECB President on Thursday who is likely to cause volatility in stock markets, currency markets and precious metals.

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Gold Price Exploding In All Currencies Worldwide

| January 18, 2015 | Category: Price
Gold Price Exploding In All Currencies Worldwide

Gold and gold stocks are on the move after the surprise move from the Swiss National bank to remove its currency cap versus the euro this week. This highlights gold’s valuable role as a store of value when currency volatility destroys purchasing power as it has in many parts of the world over the past year. There is a rule of thumb which says that, if gold is rising in at least 3 major currencies, there is a bullish environment. Well, here are the facts and the figures. The charts below highlight gold in several major currencies. The yellow metal has rocketed higher, not only in all of those currencies, but in literally every currency worldwide.

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Gold Investors Weekly Review – January 16th

Gold Investors Weekly Review – January 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 $1,278.85 up $56.33 per ounce (+4.61%). Gold stocks, as measured by the NYSE Arca Gold Miners Index, gained 6.93%. The U.S. Trade-Weighted Dollar Index rose 0.77% for the week.

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Gold And Silver Rally On Swiss National Bank News. Is This A Trend Change?

| January 17, 2015 | Category: Price
Gold And Silver Rally On Swiss National Bank News. Is This A Trend Change?

It would seem that last week’s rally in gold was Swiss National Bank-driven, plain and simple. It is difficult to get a handle on the ramifications of what just happened with the Swiss “unpegging” from the Euro. It was becoming prohibitively expensive for the SNB to keep buying Euros and trashing their own economy in the process. Ostensibly, this is a tale of a central bank telling the US and the rest of the EU, enough! We have had it, and we are now going to be more fiscally responsible. Right. Just after opting not to have the Swiss franc backed proportionately by gold, a move that would have been […]

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What’s Behind Putin’s Insatiable Quest for Gold: Sovereignty, Diversification or Something Else?

What’s Behind Putin’s Insatiable Quest for Gold: Sovereignty, Diversification or Something Else?

Whether his insatiable appetite for gold is a desire to strengthen national sovereignty, flex his muscles in preparation for an economic battle in the global theater or remove the ruble from scrutiny against the U.S. dollar, two things are crystal clear: Strength comes from diversity, and Putin seems to be focused on converting his limited cash reserves into gold.

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Did the Secretary of the U.S. Treasury Confirm that the Dollar Is Make-Believe Money?

Did the Secretary of the U.S. Treasury Confirm that the Dollar Is Make-Believe Money?

So here we have the Secretary of the Treasury declaring that the money henceforth issued was in fact “stage money” that looks like real money.” Stage money is the stuff actors pass around during a performance instead of real money. President Roosevelt soon got rid of Secretary Woodin, replacing him with Henry Morgenthau, Jr. who had the good sense never to suggest that our money had been transmogrified into “stage money,” a.k.a. makebelieve money.

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Gold Predictions For 2015 Down As Gold Price Rises

| January 15, 2015 | Category: Price
Gold Predictions For 2015 Down As Gold Price Rises

The most important arguments for the bearish predictions are rising interest rates, weaker oil prices, a strong U.S. Dollar. The strong demand out of Asia is expected to put have a limited impact. Meantime, what is the chart telling us? As explained in this gold chart analysis, gold is heading towards $1340 an ounce in the short run.

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Governments Have Distorted the Meaning of Money

Governments Have Distorted the Meaning of Money

No government could remove the ringing echo of sound money from history, or from us. And government cannot camouflage its counterfeits with gold colored paint. You can experience sound money’s evident ring of truth for yourself. Toss any gold or silver coin on your kitchen table and you will hear the history of honest money ringing down through the centuries. And perhaps, thanks to grassroots projects like the Sound Money Defense League, you will hear the trumpeting of better days to come.

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