RSSCategory: Articles: Gold Silver Prices

Precious Metals Set to Keep Powering Ahead

Precious Metals Set to Keep Powering Ahead

Precious metals got off to an explosive early start to 2020 as tensions between the U.S. and Iran drove safe-haven buying. Of course, gold and silver markets will need more than a geopolitical flare up to drive a long-term bull market advance. The question for investors is whether the fundamental picture now looks promising or fleeting. In our view, the fundamentals are turning in favor of higher gold and silver prices. From fiscally reckless trillion-dollar deficits in Washington, to a Federal Reserve obsessed with generating higher rates of inflation, to mining supplies of gold and silver tightening, the ingredients for a big bull market are in place. Fed Doubles Down on Higher Inflation […]

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Craig Hemke Makes 2020 Prediction on Gold & Silver, Slams Biased Gold Naysayers

Craig Hemke Makes 2020 Prediction on Gold & Silver, Slams Biased Gold Naysayers

Mike Gleason: It is my privilege now to welcome in Craig Hemke of the TF Metals Report. Craig is a well-known name in the metals industry and runs one of the most highly respected websites in our space and provides some of the best analysis you will find anywhere on banking schemes, global macroeconomics, and evidence of manipulation in the gold and silver markets. Happy New Year to you, Craig. Thanks for coming on and welcome, how are you? Craig Hemke: Mike, it’s always a pleasure. New Year’s started off with a bang, man. I hope it’s not indicative of how crazy this entire year is going to be. We’ll see. Mike Gleason: Yeah, […]

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Outlook 2020 (Part 2): Key Fundamentals and Technicals for Precious Metals

Outlook 2020 (Part 2): Key Fundamentals and Technicals for Precious Metals

The first part of our 2020 Outlook covered the Big Picture Backdrop for Precious Metals. This second part focuses on the fundamental and technical setup for gold and silver markets. Precious metals markets enter the New Year with some impressive upside momentum. Are gold and silver poised to deliver big gains in 2020? Before answering that question, let’s review the year-end closing prices and yearly gains the metals recorded in 2019: Gold: $1,519 (+18.9%) Silver: $17.91 (+15.3%) Platinum: $970 (+22.1%) Palladium: $1,954 (+59.5%) Gold and silver each notched their best annual gains since 2010. Meanwhile. platinum emerged from its most deeply depressed levels since 2004 to make a run for […]

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Outlook 2020: The Big Picture Backdrop for Precious Metals

Outlook 2020: The Big Picture Backdrop for Precious Metals

The year ahead promises to be an eventful one. It will, of course, be dominated by political headlines leading up to the 2020 election. It could also be a big breakout year for precious metals. In the second part of Money Metals’ 2020 Outlook, we’ll drill down on the fundamental and technical setup for gold and silver… However, in this first part, we’ll set the stage by digging into the macro forces at play in the economy, monetary policy, politics, and geopolitics. Economy Over the summer, the mainstream financial media ran hard with the “recession” angle. A manufacturing slowdown seemed to be afoot. But the main impetus for all the […]

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Understanding Gold (and Silver) Comes from the Heart, Not the Brain

Understanding Gold (and Silver) Comes from the Heart, Not the Brain

The title of this essay is part of a statement made by Stewart Thomson, editor of the investment letter, Graceland Updates. His full comment reads, “It takes more than viewing charts and government debt numbers to understand gold as the world’s ultimate asset. What it really takes comes from the heart, not the brain.” For thousands of years, humankind has understood the magical draw (and sense of security) that owning precious metal can bring. It satisfies the core requirements that make it a medium of exchange par excellence. It’s durable. It’s divisible. It’s consistent. It’s convenient. It’s intrinsically valuable. There’s a sixth reason, which Doug Casey elaborates upon when he talks about […]

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Why You Should “Follow the Money” on The Yellow (and Silver) Brick Road

Why You Should “Follow the Money” on The Yellow (and Silver) Brick Road

Since the Federal Reserve detached the dollar from the gold standard in 1971, the world’s central bankers – with the Fed leading the charge, have flooded the world with fiat currency to the point of diminishing its purchasing power to shadow status. A common belief during the early decades of the former Soviet Union’s rise after 1917 was that, according to Marxist-Leninist theory, the West and capitalism would either self-destruct, or be “buried” by the superior economic platform being constructed for the proletariat by the USSR, and later Communist China. But even the Great Depression, which in the West lasted from the Crash of 1929, and arguably into WWII, failed […]

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David Jensen: Gold & Silver to Head Dramatically Higher, Mirroring Palladium

David Jensen: Gold & Silver to Head Dramatically Higher, Mirroring Palladium

Mike Gleason: It is my privilege now to welcome in David Jensen of Jensen Strategic and a highly studied mining analyst and precious metals expert with close to two decades of experience in the mining industry. And it’s great to have him back on with us. David, thanks so much for the time again today, and it’s nice to talk to you again. Welcome. David Jensen: Thank you, Mike. It’s good to be back with you again. Mike Gleason: Well, David, we had you back on at the beginning of the year and you shared some amazing insights on palladium, and we’ll get to that in a bit because that […]

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Silver’s Three Legged Bull-Run Stool

Silver’s Three Legged Bull-Run Stool

A case can be made that silver’s current price “stability” – believed by many to be well below where it “should” be – is the result of at least three interlocking factors. There are certainly other considerations, but the following seem especially relevant today… Our chosen metaphor is the three-legged stool. Take one leg away, and the stool topples. In the case of silver, the outcome is likely to be a violent price rise of epic proportions. 1. Draining the Silver Trading Swamp In recent months, a series of criminal charges and admissions among banks, trading houses and their employees have begun to expose unfair and/or illegal trading practices. They […]

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GATA’s Powell: Attacks on Gold & Silver Prices Are Losing Their Impact

GATA’s Powell: Attacks on Gold & Silver Prices Are Losing Their Impact

Mike Gleason: It is my privilege now to welcome in Chris Powell, Secretary-Treasurer at the Gold Anti-Trust Action Committee, also known as GATA. Chris is a long time journalist and hard money advocate, and through his tireless efforts at GATA, he is working to expose the manipulation of the gold and silver markets. Through GATA’s work over the years, some important revelations have come to light which quite honestly should concern everyone. It’s great to have him back on with us. Chris, thanks for the time again today, and welcome. Chris Powell: Oh, thanks as always for your interest, Mike. Mike Gleason: Well, Chris, we think some people owe you and GATA an apology. […]

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Craig Hemke: Ignore the Elliott Wave “Buffoons” Calling for a Gold Crash

Craig Hemke: Ignore the Elliott Wave “Buffoons” Calling for a Gold Crash

Mike Gleason: It is my privilege now to welcome back Craig Hemke of the TF Metals Report. Craig is a well-known name in the metals industry and runs one of the most highly respected websites in our space and provides some of the very best analysis on banking schemes, the flaws of Keynesian economics, and evidence of manipulation in the gold and silver markets that you will find anywhere. Craig, welcome back, and thanks for joining us again. How are you today? Craig Hemke: Mike, my friend, it’s always a pleasure. Thanks for the invite. Mike Gleason: Absolutely. Love to get you back on and thanks for the time. Well, the recent smash in […]

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Yes, Gold “Just Sits There” and That’s Quite a Feat

Yes, Gold “Just Sits There” and That’s Quite a Feat

The Wall Street Journal’s Jason Zweig famously referred to gold as a “Pet Rock” in 2015. He was blasted by people who understand that gold is no passing fad, and it serves some very important roles in an investment portfolio. The valuable roles played by gold have been well covered here. It’s a hedge against both inflation and deflation, it represents true diversification for portfolios stuffed with conventional securities, and it is a way of protecting wealth during tumultuous times. But Jason Zweig, Warren Buffett and other notable gold critics who complain about the metal “just sitting there” fail to understand the flaw in their basic assertion. What they believe to be a potent […]

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Frank Holmes: Negative Real Interest Rates to Send Gold Soaring

Frank Holmes: Negative Real Interest Rates to Send Gold Soaring

Mike Gleason: It is my privilege now to welcome in Frank Holmes, CEO and chief investment officer at US Global Investors. Mr. Holmes has received various honors over the years, including being named America’s Best Fund Manager by the Mining Journal. He’s also the co-author of the book The Goldwatcher: Demystifying Gold Investing, and is a regular guest on CNBC, Bloomberg, Fox Business, and also right here on the Money Metals podcast. Frank, welcome back and thanks for joining us again today. How are you? Frank Holmes: I’m great. And it’s wonderful to be back and see the gold markets have a new life and vibrancy to it. Mike Gleason: Yeah, certainly a lot […]

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It’s Time to Get Serious about Silver

It’s Time to Get Serious about Silver

The World Silver Survey 2019 Review, the institute’s annual World Silver Survey said that global silver demand hit a three-year high in 2018, surpassing more than one billion ounces, an increase of 4% from 2017. At the same time, global silver mine production fell for the third straight year, dropping 2% in 2018 to 855.7 million ounces. The top 10 silver producing countries are: Peru, Bolivia, Australia, Argentina, Mexico, Chile, Poland, China, Russia and Guatemala. And get this… in every one of these countries, silver production has been falling for the last 4 consecutive years! Supply from scrap sources is at a 20-year low. Silver fabrication (manufacturing) demand is just below record levels. Silver […]

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Fool’s Silver: Why Most “Silver Miners” Don’t Live Up to Their Name

Fool’s Silver: Why Most “Silver Miners” Don’t Live Up to Their Name

If you buy shares in a silver mining company, you will have to assume additional market risks compared to ownership of silver bullion. You may wish to do so in order to potentially gain leveraged exposure to silver prices. What you may not realize, however, is that most of the publicly traded “silver” stocks out there are primarily in the business of mining other metals – sometimes gold, often copper, zinc, lead, and other base metals. Consider Pan American Silver (NYSE:PAAS), a $3.6 billion company that makes up the largest weighting (13.5%) in the Global X Silver Miners ETF (NYSE:SIL). While Pan American is indeed a producer of silver, its […]

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