Latest Gold & Silver Price News

Is Gold Signaling A Move Higher in TIPS?

Is Gold Signaling A Move Higher in TIPS?

Gold is down about 2% today, falling under $1270/oz for the first time since February. In the chart, we transform the time series chart above to a scatterplot that illustrates the relationship without regard to time. The breakdown in gold could suggest that the trend toward falling TIPS yields may be set to reverse.

Continue Reading

Gold Price Flirting With Cost Of Production Is Not Sustainable

Gold Price Flirting With Cost Of Production Is Not Sustainable

Right now, the price of gold is flirting with cost of production—it’s not sustainable. Some companies are using three price scenarios in their feasibility studies: a base case near spot, a scenario at significantly lower prices and another at significantly higher prices. Today, that more optimistic scenario is often the three-year trailing average.

Continue Reading

Gold, Silver And Miners Trending Lower Today

| May 27, 2014 | Category: Price
Gold, Silver And Miners Trending Lower Today

I can see the metal in a grinding move lower rather than a sharp fall as it slowly bleeds out speculative interest off the long side while meeting some increased physical buying from India and perhaps China. But as far as Western-oriented investment demand goes, that is not going to be there until investors believe that the bull market in equities is over or some fresh geopolitical event arises.

Continue Reading

Silver Miners On Death Row

Silver Miners On Death Row

It is preposterous that gold and silver could be remonetized without the companies who produce these money metals achieving substantial prosperity.

Continue Reading

Is It Time to Hide Your Money Under the Mattress?

Is It Time to Hide Your Money Under the Mattress?

“I don’t know what to do,” said my good friend Rob after inviting my wife Jo and me to dinner for the third time in two weeks. “I know I should do something. Every time I think about it, it scares the hell out of me! Maybe I should just hide everything under the mattress.”

Continue Reading

Switzerland Exported 2,777 Tonnes Of Gold In 2013

Switzerland Exported 2,777 Tonnes Of Gold In 2013

The online magazine GoldReporter.de reports that gold exports out of Switzerland rose 77 percent last year, according to fresh data from swiss authorities. Also silver exports have increased.

Continue Reading

Three Decades of Silver to Gold Ratio

Three Decades of Silver to Gold Ratio

The pieces of paper we mistakenly call money will become less valuable in the years ahead. Take this opportunity to convert some paper currency to physical silver while the High Frequency Traders and central bankers are gifting us with artificially low silver and gold prices.

Continue Reading

Gold Investors Weekly Review – May 23th

Gold Investors Weekly Review – May 23th

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 $1,292.90, down $0.56 per ounce (0.04%).

Continue Reading

Europac Metals Accepts Bitcoin Transactions

Europac Metals Accepts Bitcoin Transactions

Euro Pacific Precious Metals, the bullion company founded by Peter Schiff, announced to accept Bitcoin transactions. It has partnered with BitPay, a trusted industry leader in Bitcoin transactions, to handle the bitcoin processing. Bitcoin allows to avoid high credit card fees, while allowing customers to avoid the fees of wire transfers. This partnership is the world’s largest by volume to accept bitcoin to date.

Continue Reading

Gold and Silver Prices: Central Bank Manipulation, Chinese Accomodation, or Both?

| May 24, 2014 | Category: Price
Gold and Silver Prices: Central Bank Manipulation, Chinese Accomodation, or Both?

Whatever one chooses to believe, one still has to deal with the known facts, and what is factually known to date is that gold is at 1,300, [not 1,500, not 2,000, and certainly not 5,000 or 10,000 the ounce], and silver at 19, [not 26, not 50, and for sure, not 100 or 300 the ounce]. However corrupt or not reflective of the “real price” for precious metals, the charts continue to be the most commonly accepted measure, at least for now.

Continue Reading

Gold Finishes Under $1300 Per Ounce

Gold Finishes Under $1300 Per Ounce

Jun Gold and Jul Silver rallied to session highs at 1304.10, and 19.83 early moments, then both metals pulled back, and trended lower in morning action.

Continue Reading

Silver Is Inexpensive Says the Gold to Silver Ratio

Silver Is Inexpensive Says the Gold to Silver Ratio

Investor demand for silver bars and silver coins is strong and increasing. The High-Frequency Traders can suppress the price for only a limited amount of time. I think silver prices will be higher by the end of 2014 and much higher by the next US presidential election. The pieces of paper we mistakenly call money will become less valuable in the years ahead.

Continue Reading

Gold Investors: Waiting Is The Hardest Part

| May 21, 2014 | Category: Investing
Gold Investors: Waiting Is The Hardest Part

The waiting game for the declining portion of this Daily Cycle has certainly been frustrating. Generally, by this point, the severe decline towards the next scheduled DCL\ICL would have been well and truly in progress. Along with the powerful rally out of any ICL, the drop and collapse in the latter portion of an Investor Cycle are the two most dependable events within any Cycle.

Continue Reading

20 Years of Inflation in Debt and Prices

20 Years of Inflation in Debt and Prices

Expect more debt and higher prices for stocks, energy, gold and silver. Expect more volatility as prices adjust for the latest shock, insolvency, war, and announcement from the Federal Reserve or supposedly important politician. The powers-that-be know the game is “Inflate or Die” and while they might not be all-powerful, a century of increasing prices indicates they will probably get what they want.

Continue Reading