Latest Gold & Silver Price News

Palladium Price Set To Go Higher On Supply Shortage

| April 14, 2014 | Category: Price
Palladium Price Set To Go Higher On Supply Shortage

As indicated previously, both platinum and palladium have broken out of a long trading trange. The following chart shows how palladium is holding up very well above the support line (which once was very strong resistance), and is even building up strength. The law of supply and demand will kick soon kick in, taking the two grey metals higher. In particular, palladium could surprise many with much higher prices in the (near) future.

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Jim Rickards: Money Printing Will Destroy Confidence At Some Point

Jim Rickards: Money Printing Will Destroy Confidence At Some Point

On the myth that it is not important how much is printed, Jim Rickards says that the Fed’s safety net of printing has holes in it. If the money printing could go on indefinitely then you would be right and I would agree with you but it cannot go on indefinitely. The Fed could legally print more than the $4 trillion they’ve already created — $8 trillion, $12 trillion, $16 trillion. Some people say that they can do that — legally they can but they will destroy confidence at some point.

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Contrarian Value Investors Are Taking Large Positions In Gold And Miners

Contrarian Value Investors Are Taking Large Positions In Gold And Miners

In his latest Gold Investment Letter, John Hathaway writes that chances are high that the bottom is in for precious metals and miners. The most interesting statement in the investor letter is the observation that tontrarian value investors are entering the precious metals market, both the metals and miners. That is a signficant evolution, and the most important sign of strength.

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Miners Index Charts Show Domed House and Three Peaks

Miners Index Charts Show Domed House and Three Peaks

Both the Domed House and the Three Peaks Patterns have violent up moves, followed by strong reversals. It is important to keep in mind that all markets return to the mean. The charts are suggesting that odds favor an upside move for the Miners and a correction for the SPX Index on the intermediate term trend.

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Gold Investors Weekly Review – April 11th

Gold Investors Weekly Review – April 11th

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 $1,318.42, up $14.77 per ounce (1.13%). The NYSE Arca Gold Miners Index rose 0.06% on the week.

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2014 Coud Be A Yawner For Gold And Silver; Be Prepared For A Weekend Surprise

| April 12, 2014 | Category: Price
2014 Coud Be A Yawner For Gold And Silver; Be Prepared For A Weekend Surprise

We could see a marking of time during which all of this continues to unfold. No one has a clue as to the how or to the when, which is why 2014 could be an extension of 2013. The way in which Obama keeps prodding Russia could precipitate an event that escalates out of control, just possibly, as an example. This is why we say to watch out for weekend surprises. When people least expect, and/or are in a position to least react, some kind of announcement could be made that devalues the fiat Federal Reserve Note, still wrongly called the “dollar.”

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There Is No Direct Relationship Between Gold Price And ETF Stocks

There Is No Direct Relationship Between Gold Price And ETF Stocks

It does puzzle me why people think there should be a direct relationship between open interest or ETF stocks and price, given that they don’t have any problem understanding that the price of a company’s shares can go up and down while the number of shares on issues doesn’t change.

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Gold Price Holding Up Well But Next Catalyst Unclear

| April 10, 2014 | Category: Price
Gold Price Holding Up Well But Next Catalyst Unclear

I cannot see what would cause this market to break out of its current range at this time. The Dollar would either have to drop off sharply breaking down below 79 on the USDX or interest rates would have to plummet sharply here in the US, along with perhaps a larger selloff in the broader equity markets to take it up out of the top end of the range.

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Gold Pushed Above $1,310 By US Fed Statement

Gold Pushed Above $1,310 By US Fed Statement

Gold seemed caught in a tug of war between those who believe the near zero interest rate environment, that now certainly seems to be prolonged longer than many expected last month, and those who are keying on this lack of inflation. The Dollar weakness generated a move into the plus column for the metal but gains were relatively muted as without any sort of serious inflation concerns, the metal run out of guys willing to chase it too much higher

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10 Questions About Gold Investing In 2014

10 Questions About Gold Investing In 2014

In this article, author Gary Christenson provides answers on ten very common questions about investing in precious metals (gold in particular) in 2014. With the gold price 40% off its peak, 2.5 years in a declining pattern on the chart, there are a lot of questions about the true value of gold investing. The answers, though, could be surprisingly simple, at least for those who are willing to see in an unbiased way.

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Stay Hedged with Precious Metals against Geopolitical Tensions and Monetary Policies

Stay Hedged with Precious Metals against Geopolitical Tensions and Monetary Policies

I have long advocated that individuals should own physical bullion as a protection against the monetary recklessness of these bankers. This creation of money out of thin air and the application of more liquidity than the productive economy actually needs has caused the purchasing power of these fiat currencies to evaporate. Stay hedged with precious metals.

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Monetary Insurance: Protect With Physical Silver Against The Financial Winter

Monetary Insurance: Protect With Physical Silver Against The Financial Winter

Charles Savoie wrote a very useful document for our readers. It is entitled “The Best Monetary Insurance”, counts 38 pages, and is a mix of practical tips embedded in an historical context. The key message of Mr. Savoie is to hold enough silver in physical form, ideally a mix of formats, but for sure silver dimes. In this article, we highlight the most actionable tips and tactics.

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June Gold settles 1298.3, down $5.20

June Gold settles 1298.3, down $5.20

Gold sold off to begin the week amid very light volume and an apparent lack of conviction or follow through to the upside following Friday’s close above 1300.0 an ounce. Investor profit taking from the late week rally last Thursday and Friday was most likely the reason for the sell-off today. Certainly there was no safe haven buying today which was rare considering the stock indices incurred big losses along with the U.S. dollar.

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The Real Reason Why Platinum And Palladium Prices Will Rise

The Real Reason Why Platinum And Palladium Prices Will Rise

Platinum and palladium are primarily responsible for purifying the air from motor exhaust of most of the pollutants that threaten air quality. So far, the price increase has been entirely due to supply constraints. Demand has been steady because of a lackluster recovery. If we experience a recovery of demand, the impact on the price of the metals could be dramatic. I believe it’s a matter of ‘when,’ not ‘if’ that happens.

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