Last week was a tough one for gold and silver investors. Both metals saw significant corrections. This led some people to declare the gold bull market dead. But historically, big corrections have been a normal feature of gold bull runs. Last Tuesday, the price of gold dropped more than 5%, falling far below the $2,000 level. It was the worst […]
Gold and silver got pummeled on Tuesday. The price of gold dropped more than 5%, falling far below the $2,000 level. It was the worst single-day rout in seven years. Gold continued to fall in Asian trading Wednesday morning and briefly dropped below $1,900 before clawing back later in the session. Silver also had a […]
Last week was a big week for precious metals. Gold broke above $2,000 an ounce and kept climbing, pushing over $2,075 later in the week. Meanwhile, silver blew through $28 and $29 ounce on Thursday and knocked on the door of $30. But even with another week of solid gains, there still seems to be […]
As we committed to last week, this week’s video focuses on the precious metals and the exceptional performance gold is exhibiting right now after many years of disappointing returns.
Year-to-Date, it’s hard to find an asset class that has performed better than gold and gold mining stocks:
And the reasons for owning gold just keep getting stronger and stronger. As this week’s expert guest Jeff Clark, Senior Precious Metals Analyst at GoldSilver.com
Gold and silver suffered small losses on the week in subdued trading. In European trade this morning gold was at $1707, down $22 from last Friday’s close, and silver at…
David Brady for Sprott Money PHYSICAL GOLD & SILVER The Perth Mint is churning out Gold and Silver coins at a rapid pace, and we’re seeing that ease some of…
Gold broke out this week. The yellow metal pushed through the $1,600 level and continued to climb. Conventional wisdom tells us this is all about safe-haven buying due to fear that the coronavirus will stunt global economic growth. That is certainly a factor. But could there be more to it than that?
We have a trade deal! Maybe. Meanwhile, the Fed wrapped up its last FOMC meeting of the year this week and did nothing. But Powell and Company did give us some indication about what we should expect next year. The week’s news played tug-o-war with gold.
Will The Gold Cartel Collapse Like The London Gold Pool – with Chris Powell and Bill Murphy of GATA Video by Chris Marcus for Arcadia Economics Throughout history, gold and silver have represented the check on government spending and central…
Peter Schiff has been saying that the price of gold and silver are going to take off. But why? Peter isn’t just taking a wild guess or gazing into a mystical crystal ball. He’s basing this prediction on the unavoidable economic consequences stemming from decades of Federal Reserve mechanizations. In s nutshell, the central bank […]