Gold silver gain as traders step in to buy the early dip

Gold, silver gain as traders step in to buy the early dip Editor's Note: 2020 is expected to be another year of significant uncertainty and turmoil. But the question is what asset will emerge the victor when the dust settles from the global trade war, Brexit, recession threats, negative bond yields. It’s a showdown of global proportions, so don’t miss all our exclusive coverage on how these factors could impact your 2020 investment decisions. (Kitco News) – Gold and silver…

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Why precious metals make sense for your IRA in the age of low to negative real rates of return

Why precious metals make sense for your IRA in the age of low to negative real rates of return The warnings from financiers and analysts on the impact of low to below zero interest rates on investment planning come almost daily. Reuters’ Toby Sterling recently told the story of a Dutch pension fund that was actually reducing monthly payouts to its subscribers by 8% directly the result of Europe’s negative interest rate environment. “The planned reductions,” writes Sterling, “due to…

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Gold Surges Due To Troubled Fed Repo amp US Treasury Market

Gold Surges Due To Troubled Fed Repo & U.S. Treasury Market Gold continues to move higher due to trouble in the Fed Repo and U.S. Treasury Market. In the first hour of business today, the Fed has already injected $57 billion in the Repo Market. While the Fed’s Repo Market injections didn’t spike during the last few days of 2019, as many analysts forecasted, there’s still BIG TROUBLE ahead. Many reasons have been attributed to the break-down in the U.S.…

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Gold and Silver Climb As Iran Attack Sends Haven Assets Higher

Gold and Silver Climb As Iran Attack Sends Haven Assets Higher Gold rose to a four-month high after a U.S. airstrike killed one of Iran's most powerful generals, ratcheting up tensions in the Middle East. Spot bullion climbed 0.9% to $1,542.47 an ounce. Silver rallied 1.3%, while platinum and palladium also advanced. The yen strengthened 0.6% and oil jumped close to $70 a barrel. The strike in Baghdad ordered by President Donald Trump killed Qassem Soleimani, the Iranian general who…

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Gold and silver exploding

Gold and silver exploding Featuring views and opinions written by market professionals, not staff journalists. Editor's Note: 2020 is expected to be another year of significant uncertainty and turmoil. But the question is what asset will emerge the victor when the dust settles from the global trade war, Brexit, recession threats, negative bond yields. It's a showdown of global proportions, so don't miss all our exclusive coverage on how these factors could impact your 2020 investment decisions. (Kitco News) –…

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Silver is INCREDIBLY UndervaluedNew Mike Maloney Video

Silver is INCREDIBLY Undervalued—New Mike Maloney Video Many investors know that silver is undervalued relative to gold. Many also know that silver remains undervalued relative to the stock market. But check out just how undervalued silver is in this new video with Mike Maloney and Ronnie Stoeferle. This chart shows the silver/gold ratio (the gold/silver ratio inverted) vs. the S&P 500. Note the strong correlation for two decades—until it abruptly ended in 2011. What happened? Ronnie explains that we had…

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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…

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Gold silver post strong finish to 2019

Gold, silver post strong finish to 2019 – Gold and silver finished strong for 2019 posting the best year for both metals since 2010 and adding to the New Year’s Eve cheer for precious metals owners. Gold ended the year at $1521 – up 18.5%. Silver ended the year at $17.89 – up 15.9%. The Dow Jones Industrial Average, by way of comparison, was up 22% on the year.   Posted on December 31, 2019 by Daily Market Report (USAGOLD…

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Gold shows resilience as it maintains pricing well above 1500

Gold shows resilience as it maintains pricing well above $1500 With only one trading day left for the calendar year 2019, gold is benefiting from US dollar weakness and thin holiday volume. Today’s volume in the February contract of gold futures is only 204,993. As of 4:00 PM EST spot gold is currently trading up $3.70 and fixed at $1514.50. These gains are combination of a weak dollar (+ $3.30) and traders bidding the precious yellow metal fractionally higher (+…

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Why Elon Musk Secretly Loves Silver

Why Elon Musk Secretly Loves Silver It’s no secret that Elon Musk has some revolutionary ideas. And by most measures, he has been wildly successful. Tesla orders hit a record 97,000 vehicles globally in the third quarter (not to mention 250,000 preorders for the new CyberTruck). The stock has more than doubled since May 1. And you might recall Mike Maloney is a big fan of Tesla cars. But there’s something you may not know about Elon Musk. He won't…

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