Author Archive: Gold Silver Worlds

These are the authors of te News Desk of GoldSilverWorlds.com. Based on several years of experience and research, the network behind GoldSilverWorlds.com created a trusted guide of verified Gold & Silver websites, online services and articles. Providing top quality and trusted sources is the primary objective; helping create awareness about Gold & Silver among people worldwide is the aimed result.

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Jim Rogers: If I had to buy just one precious metal, it would be silver

Jim Rogers is known for his successful investments in the past decades but also for his very explicit (bullish) statements about investing in commodities the last decade. On Friday 29th of June, he commented on the outcome of the European Summit that took place on Thursday and Friday. During an interview on CNBC he stressed again what he has been telling the world for several years now : “the solution for too much debt is not even more debt”. Jim Rogers clearly does not believe in the decisions that were announced after the European Summit. He had to say that “we had 20 summits in the past years and every time […]

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Jim Rickards: This is how the US Fed blueprint looks like, gold prices to triple in the coming years

Author Jim Rickards, who wrote the best-selling book “Currency Wars – The making of the next global crisis” that was published earlier this year, shares his expectations about the gold price. He also gives valuable insights in the blueprint of the US Federal Reserve and gives an idea of their roadmap. This article is a short summary of Mr Rickards’ interview, as described on ETF Daily News. The central thesis of the US Fed’s blueprint is essentially “to incentivize investor cash to leave low-yielding interest-bearing accounts and to enter the stock market in the hopes of reigniting economic activity and speculation.” The Fed wants investors to buy risk assets, like equities and mortgages, […]

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Gold and silver price: the week till 29 June 2012 in review

Gold and silver price: the week till 29 June 2012 in review

The gold price saw a gain of 2.1% over the week. It touched almost 1550 US dollar during Thursday’s trading session, right at the start of the European Summit. The gold price bounced back mainly on Friday with a spike higher of $53.80 to close the week at $1,604.20 an ounce. The silver price followed a similar pattern. Silver closed the week on 27.58 US dollar per ounce, which is 2.8% higher than the close of one week earlier. Technical view The gold price spiked in such a way on Friday 29 June 2012, that it touched the 20 day and 50 day moving averages. Similarly, after silver’s dramatic surge […]

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Silver Manipulation: a once-in-a-lifetime opportunity to increase your wealth

Michael McDonald and Christopher Whitestone published a book about the silver manipulation and what the physical metal means for people globally. In an audio interview conducted by SGTReport, co-author Michael McDonald provides some key idea that are explained in his book ” The Silver Bomb: Beyond the Return of Metal as Money “. Click on the link to go the book’s website  for a free preview and for details on where to buy it. The book is a quick and easy read to let people know what is happening in our world, how we got there and which solutions we have to go through the coming crisis. For who is this book important? It’s for the good & […]

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David Morgan: Short term outlook of silver price and why to invest in silver

David Morgan: Short term outlook of silver price and why to invest in silver

David Morgan is the editor of the globally respected investment newsletter “the Morgan Report”. We highly recommend subscribing to his premium service, for the combination of timeless insights he provides as well as accurate interpretations of day-to-day evolutions. On his publicly accessible webblog, he shared his view on the short term outlook of the silver price. He also stressed the need to be invested in physical silver and repeated the benefits of investing in silver. In his short term outlook, David Morgan confirms yet again that the fundamentals have never before been better for both gold and silver. It doesn’t matter if the price is not reaching all-time highs today, […]

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The monetary base as one of the key drivers for the gold price

The monetary base as one of the key drivers for the gold price

We have written regularly about the drivers of the gold price. Those drivers tend to behave in an adverse way in the short run. Up until recently, our assumption was that institutional investors aimed to misdirect the market with counterintuitive moves. More recently however, we find more evidence that the digitization of trading provides an explanation for the difference between fundamental drivers and their short term behaviour. In a nutshell, the key drivers for the gold price are a depressed economic environment characterized by low real growth combined with low real rates (either low interest rates, high inflation or both), currency debasements or low trust in financial (paper) assets. Most […]

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Gold Chart and Comments on 9 June 2012

Gold Chart and Comments on 9 June 2012

I have provided an 8 hour gold chart today as it provides a very good glimpse into the technical composition of that market’s recent price action. Note that you can clearly see the solid zone of buying support extending from just slightly above the $1550 level on down towards $1520. It has been at these levels that strong buying has continued to emerge over the last month. I suspect that it is in this zone that Asian Central Banks are gobbling up the metal. Remember, they will not chase the metal higher – only the hedge fund managers buy high and hope to buy even higher before selling. By keeping […]

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Is the Gold to Silver ratio ready to turn in favour of Silver

Is the Gold to Silver ratio ready to turn in favour of Silver

One of the key indicators in the precious metals, is the gold to silver ratio. As we’ve written before in the article “This is the century of silver“, the ratio is on average 20 to 1 on a historical basis. Going back to the Romans for example, gold coins had 16 times more value than silver coins. Also, the availability of (physical) silver 7 times the availability of (physcial) gold. Now looking at today’s gold to silver chart, the ratio holds a nominal value between 56 and 57. What does this figure say? First, in the context of the superbull market in gold and silver that started back in 2001, […]

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Gold and silver price characterized by volatility

Gold and silver price characterized by volatility

The least we can say is that the past couple of weeks are characterized by volatility in the gold price and silver price. Jim Sinclair predicted this price volatility a couple of months ago, when he wrote in an article on February 22nd: “The price of gold rose above the $1764 level which I have repeatedly told you is as important as $524.90 was when gold broke out of its arithmetic up trend and entered its first power up trend. I wish to remind you $1764 is the point where gold moves out of its power up trend and enters into its geometric uptrend. I have also assured you the central […]

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The real cost of not owning gold

The real cost of not owning gold

Bloomberg recently published an illustrative slideshow titled “The Real Cost of Owning Gold”. As usual when dealing with precious metals, in an attitude that is widespread among the mainstream financial press, the tone is dismissive, disdainful and almost mocking of those that advocate ownership of hard assets – and especially gold. The reasons for this hostility are fairly obvious. First, ignorance: precious metals have been out of fashion for over 30 years, and financial analysts (average age 35) know little about them. Most would have came of age, professionally and intellectually speaking, during the early part of the last decade – at a time when gold investors were the crazy-old uncles of […]

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Peter Schiff: if you really care about the debt crisis, then you should be in gold

Peter Schiff explains his economic view on the important moves in the financial markets past Friday and concludes with his take on gold. It all started with the US jobs data for May: estimates were that 150.000 new jobs were created, but instead the number stuck at 69.000. That means unemployment rate in the US is now  8.2%. If you have a look at another unemployment number – being the so-called U6 which includes also the discouraged unemployed people – the rate is 14.8% now. Apart from the bad US unemployment numbers, the expected GDP in Q1 was revised downward and is now expected to be 1.9%. But Peter Schiff […]

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Central Banks and China provide solid support for the gold price

Past week marked another V-type move in the gold price and silver price. The good news though is that the previous low has not been broken, but we rather saw a higher low. Especially in gold, a remarkable  bounce occured intraday on Wednesday, after the trading session started with a sharp price drop. It seems that the gold price is not allowed to move lower, at least for now. We’ll need to watch the price action over the coming weeks. Tensions over Europe are increasing and the faith of the European currency and banking system is in the hands of the politicians. The speed and type of their decisions will […]

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Gold Price hits same bottom 4th time: the week till 25/05 in review

The weekly review by BullionVault.com, shows that gold and silver followed a similar pattern as one week ago: a drop in the first days of the week followed by a bounce towards the end of the week. In particular, the gold price dropped on Wednesday to 1534 US dollar per ounce, but then rallied back very fast to close the week at 1569 on Friday at the London PM fix. That’s a weekly close with a loss of some 20 dollar. Silver followed a comparable price action, but it recovered better than gold on a weekly basis. Silver closed the week on 28.24, down 0.9% week-on-week. Of course, the main theme during the past week […]

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John Embry and James Turk : the Gold Bull Market has a long way to go

This is a fantastic conversation between John Embry (Chief Investment Strategist for Sprott Gold & Precious Minerals Fund) by James Turk (founder of GoldMoney.com and the GoldMoney Foundation). Their talk brings about topics like the recent action in the gold price and silver price, gold shares, monetary stimulus worldwide and the coming (hyper)inflation. Their conclusion is that the gold bull market is not over. In fact, both respected men strongly believe that gold and silver are more than ever safe havens and that the gold bull market has a very long way to go. They start they conversation by looking at the recent gold price action. Clearly the fundamentals of […]

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