News that impacts the gold and silver markets.
An interesting development has occurred in the markets that would suggest a sustained, multi-year rise in gold and silver prices is indeed around the corner. This week Fed chair Janet Yellen signaled what the FOMC’s intentions are on future interest rates. Prior to the meeting, some analysts were looking for …
It is interesting that recently there are increasing numbers of articles written discussing the merits of returning our monetary system to some form of the gold standard. One of the most unlikely people to be warming to the idea is, none other than, former Federal Reserve Chairman, Alan Greenspan. Alan …
Since the beginning of the year, both the DOW and gold have had impressive runs. The DOW now sits near 21,000 and gold has risen above the $1,260 level. It appears as though both may be ready for a pause. No market goes straight up, and the DOW has risen …
Thus far in 2017 the price of silver has outperformed the price of gold on a relative basis. That means that the gold-to-silver ratio (the number of ounces of silver it takes to buy one ounce of gold) is falling. It began the year near 71 and now sits at 68.5. …
Gold and silver prices have suffered over the past few years through a grueling down market. 2016 appears at this point to have set a firm bottom in place for the price of precious metals. The same appears to be true for a broader basket of commodities. In fact there is …
One of the more visible signs that FinTech is real and growing is the trend toward smaller, more technology focused branch banks. Bank of America recently accounted that it has opened three branches in the United States with zero workers. Bank of America Opens Branches Without Workers This is the …
It is not unusual for markets that are either in the process of setting a long term top or bottom to confuse investors. A few weeks ago we indicated that it looks like gold is carving out a long term bottom. As we hit a major transition year politically, geopolitically, …
As interest rates signal a trend change it is important to consider all the possibilities. Certainly one can make a case for rising interest rates due to inflationary pressures. However because of all the cross currents that rising rates and a strong dollar would create, it is possible that it will …
One of the prominent financial news commentators said two weeks ago, “A wise strategy would have been to buy the election and sell the inauguration.” He was talking of course of the broader markets and not gold and silver. That may turn out to be correct. As reality begins to set …
After a roller coaster year, the price of gold rose nearly 8%, which almost kept pace with the 8.8% increase in the S&P 500. So, where does the price of silver and gold go in 2017? There are so many cross currents in the world today it is difficult to tell …
