Latest Gold & Silver Price News

Gold and Silver vs Debt and Taxes

| September 22, 2014 | Category: Economy
Gold and Silver vs Debt and Taxes

Gold prices are still low compared to debt as shown by the gold to population adjusted national debt ratio from the past 44 years. National debt is increasing rapidly, population is increasing slowly, and the gold to population adjusted national debt ratio seems likely to increase substantially from here. Hence gold prices will rally much higher, thanks to massive increases in debt, more currency in circulation, “money printing,” investor demand, higher energy prices, various worries and wars, and Asian demand.

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Gold Investors Weekly Review – September 19th

Gold Investors Weekly Review – September 19th

In his weekly market review, Frank Holmes of the USFunds.com nicely summarizes for gold investors this week’s strengths, weaknesses, opportunities and threats in the gold market. Gold closed the week at $1,216.98 down $12.76 per ounce (-1.04%). Gold stocks, as measured by the NYSE Arca Gold Miners Index, fell 5.44%. The U.S. Trade-Weighted Dollar Index rose 0.63% for the week.

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Gold And Silver: Current Price Is The Story

| September 20, 2014 | Category: Price
Gold And Silver: Current Price Is The Story

Forget all the news, all the fundamentals, all the [mostly errant] price projections. There is a reason why a picture is worth more than 1,000 words, and this is one of those times where it is best to focus on pictures of the market, over various time frames, to get a better handle on what to expect moving forward. Put to rest every so-called PMs pundit or blogger that has persistently been calling for higher prices or saying the low is in. We keep saying that the best and most reliable indicators come from the market. Time to stop listening about what others have been saying about the market and pay closer attention to what the market is saying about others.

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Gold And Silver Price Drop To Critical Fibonacci Levels

| September 19, 2014 | Category: Price
Gold And Silver Price Drop To Critical Fibonacci Levels

The sell-off has forced the metals to break below some key technical support levels. As a result, fresh sell orders have been triggered which have thus exacerbated the sell-off. For silver, the next potential support is around $17.75/80, a level which corresponds with the 127.2% Fibonacci extension of the last major upswing. For gold, a move down to $1210/12, where a couple of Fibonacci extension levels converge, could be the next stop – potentially ahead of $1180/5 after that.

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A Comprehensive View On Europe’s Geopolitical Situation

| September 18, 2014 | Category: Economy
A Comprehensive View On Europe’s Geopolitical Situation

The future of Europe will be determined by the ongoing conflicts in the Middle East and in Ukraine, by the migration of millions of people and by the threat of force by European jihadists. Because of all these factors, there is a possibility that the conflict in Ukraine and the future migration process could destabilize Europe. In fact, I believe that the Caucasian race, which has dominated the world since the 17th century, could disappear in Europe. In twenty years, there could be a new Europe with a strong relationship with Africa and Asia. The tradition of Europe, which was built up by Emperor Charlemagne, will no longer exist.

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Elliott Wave Projection For Gold Price And US Dollar

| September 18, 2014 | Category: Technicals
Elliott Wave Projection For Gold Price And US Dollar

In this excellent market analysis, Trader MC points out that the current gold price, between $1192 and $1240, is trading at key levels. Patterns change with the psychology of the market and it is important to adjust in real time. He concludes that “the gold market structure should reveal itself very soon, we just have to be patient and let the market come to us.”

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Global Leaders Lying About The State Of The Economy, As Gold Is On Sale

| September 18, 2014 | Category: Economy
Global Leaders Lying About The State Of The Economy, As Gold Is On Sale

As long as the markets continue to believe that the world, specifically the US, is in full economic recovery and higher interest rates are just around the corner, gold will remain under pressure. Personally, I think the downside is limited and we are getting close to a bottom of this cycle. My message here is that while you have many reasons to sell your gold, don’t. Gold is now on sale, and everyone wants to buy valuable assets when they’re cheap. Bullion’s current dip is a golden opportunity to buy low in order to sell high later.

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Rate Bounce After Fed Meeting Pushes Dollar Higher and Gold Price Lower

| September 17, 2014 | Category: Price
Rate Bounce After Fed Meeting Pushes Dollar Higher and Gold Price Lower

Although today’s Fed announcement didn’t really change anything, the financial markets continued to anticipate higher U.S. rates. The first chart shows the 5-Year Treasury Note Yield climbing close to its yearly high. The 10-Year T-Note yield also bounced. The widening spread between U.S. and foreign yields continues to support the dollar. The second chart shows the Dollar Index hitting a new recovery high. That pushed most commodity prices lower. The orange bars in the second chart shows the Gold Trust falling to a new low.

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Peer-to-Peer Marketplace For Gold And Bitcoin

| September 17, 2014 | Category: Investing
Peer-to-Peer Marketplace For Gold And Bitcoin

One of our newest contributors, Michael Mansour from DigitalTangible, submitted a press release announcing the launch of their “Peer-to-Peer Gold and Bitcoin Marketplace.” It is a brand new marketplace where users can list their gold bullion confidently and new buyers, anywhere in the world, can find premium gold deals at lower prices for immediate purchase and delivery. DigitalTangible enables this Peer-to-Peer Marketplace via its global network of professionally insured and bonded custodians.

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What Is Next For The Price Of Silver: Collapse or Rally?

| September 17, 2014 | Category: Price
What Is Next For The Price Of Silver: Collapse or Rally?

Monthly Prices: Silver is “over-sold” based on the charts, the TDI oscillator, and many other oscillators. Expect silver prices to rise. The gold to silver ratio is high which indicates relatively inexpensive silver prices and higher silver prices ahead. Weekly Prices: Same as monthly prices – “over-sold” and ready to rally. Daily Prices: They are also “over-sold” but pretty much controlled by the High Frequency Trading algorithms and the temporary needs of the “powers-that-be.”

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Some Fundamental Thoughts Behind The Tragedy Of The Euro

Some Fundamental Thoughts Behind The Tragedy Of The Euro

Jeff Deist speaks to author Philipp Bagus in the interview which is available below. We highlight some extremely interesting quotes from the interview. The discussion is a must-listen for everyone who wants to understand the fundamental issue with the Euro.

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Cycle Analysis Supports Both Bearish and Bullish Views On Gold and Silver

| September 16, 2014 | Category: Technicals
Cycle Analysis Supports Both Bearish and Bullish Views On Gold and Silver

As bearish as this sounds, there is a “rest of the story” in support of my view that we’re still at a major decision point for Gold. If June 2013 was the final capitulation low that ended the bear market, and I still believe that it was, it was followed by a retest in Dec 2013. Each cycle since has attracted fewer Short speculators and far less hedging…and that’s not bear market behavior. Such apathy and disinterest is often observed at – or after – bear market lows.

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Is The Fed About To Write the Next Chapter For Silver?

| September 16, 2014 | Category: Technicals
Is The Fed About To Write the Next Chapter For Silver?

Another $10B taper of the QE program is all-but-inevitable, so the key variable will be whether the central bank tweaks its statement to suggest that it may raise interest rates sooner. We’ll have a full Fed preview out later today, but if the Fed statement suggests earlier rate hikes are possible, the dollar may rally and silver could fall back into 18.25-50 support. On the other hand, a status-quo statement and press conference would disappoint dollar bulls, likely leading silver to break out of its bearish channel and target $19 in the short-term and potentially the $20 level in time.

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Why Money Is Worse Than Debt

Why Money Is Worse Than Debt

Governments and Central Banks (which are like economic Siamese twins) not only print Fiat Money but on top they make the cost to print more money, issue new debt and serve past debt ridiculously low….In reality, Real Interest rates (nominal interest rate less real inflation rate) or the cost to issue more fiat money has even become negative. Propaganda must be extremely solid to keep such a mirage alive and absolute no accident may happen.

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