Daily Gold News: Wednesday, June 3 – Gold Lower After Positive U.S. Data

The gold futures contract lost 0.93% on Tuesday, as it retraced most of Friday’s advance of 1.35%. On Monday the price has reached slightly above $1,760. Yesterday’s daily low was at $1,728 and today it’s getting close to $1,700. Gold is still trading within its medium-term consolidation, as we can […]

How Would Gold Perform In a Second Stock Market Crash?

Jeff Clark, Senior Analyst, GoldSilver.com  MAY 22, 2020 1929… the 1970s… 2000… 2008… and now 2020? In the biggest stock bear markets over the past nine decades, there was an initial crash… followed by a big bounce… and then a more severe selloff, a “second leg down” if you will. […]

Stagflation Is Coming

Interview with Michael Pento  May 18, 2020 04:30 pm Recorded: May 14, 2020 INTERVIEW TRANSCRIPT (EDITED) Albert Lu: It’s been way too long. How are you? Michael Pento: I’m doing fine. I hope you’re holding up well, Albert. AL: I’m very well. You know that discussion we had was over […]

Will Havoc in the Labor Market and (Dis)Inflation Make Gold Shine?

There is a true havoc in the US labor market, while inflation rate has declined. What does it mean for the gold market? True Pandemonium Emerges in the US Labor Market This week was full of economic data. Let’s analyze them, starting, as usual, from the initial jobless claims, which […]

Gold Daily News: Wednesday, May 13

The gold futures contract gained 0.52% on Tuesday as it continued to fluctuate within a short-term consolidation. The market remains close to the price level of $1,700. Gold is still trading within a flat correction after its April’s advance. On April 14 it was the highest since November of 2012 […]

Gold Daily News: Friday, May 8

The gold futures contract gained 2.21% on Thursday, as it retraced Wednesday’s decline and got above $1,700 price level again. Gold is still trading within a flat correction following April’s advance. On April 14 it was the highest since November of 2012 and the high was at $1,788.80. Since then […]

Is sudden and soaring inflation right around the corner?

Jeff Clark, Senior Analyst, GoldSilver  APR 22, 2020 Here’s How High Inflation Could Soar and How Quickly It Could Get There With deflation engulfing the world right now, is there really any reason to worry about inflation? Yes. As I’ll show below, not only has inflation started abruptly many times […]

GOLD in the New Financial Landscape

Apr 20, 2020 12:42 pm This article was originally published at Sprott.com If you have trouble viewing the webcast above, please try this: RIA Replay Link. Sprott’s Ed Coyne, Whitney George and John Hathaway provide in-depth analysis on gold and gold equities. The COVID-19 pandemic has created a new financial […]

Is the Extreme High in the Gold/Silver Ratio Setting Up For an Extreme Reversal?

    By Jeff Clark, Senior Analyst, GoldSilver.com  APR 20, 2020 There are a few times in an investor’s life where, as Jim Rogers once put it, you see a pile of money sitting in a corner and you can go pick it up. In other words, an investment opportunity […]

Steven Feldman On Why Goldman Sachs Is Mistaken About Gold

The following article appeared at https://goldsilver.com/blog/why-goldman-sachs-is-mistaken-about-gold/ and shows the views on gold of a retired Goldman Sachs partner.   APR 14, 2020 By: Steven Feldman CEO, Gold Bullion International ( www.bullioninternational.com) CEO, Auvere ( www.auvere.com) Retired partner, Goldman Sachs Current Wealth Management Client, Goldman Sachs Private Bank As a former […]

March Roars in Like a Lion (Sprott Insights)

BY Paul Wong | Wednesday, April 1, 2020 originally posted at https://sprott.com/insights/march-roars-in-like-a-lion/ Gold continued to deliver strong relative performance and was up 3.95% on a year-to-date basis through March 31, 2020. This compares to a -19.60% first-quarter return for the S&P 500 Total Return Index. Month of March 2020 Indicator […]

Market News Report: April 6, 2020 – April 10, 2020

The economic data releases are starting to show coronavirus crisis impact on the economy. Last week’s Thursday’s Unemployment Claims number has reached almost 7 million! And we will likely get more bad economic data this week. Let’s take a look at the details. The week behind Last week’s economic data […]

Germany Hoarding Gold – Anticipation of Currency Changes?

The following article appeared at https://www.voimagold.com/insight/germany-hoarding-gold-to-prepare-for-currency-reform-italy-dishoards:   Germany Hoarding Gold to Prepare For Currency Reform, Italy Dishoards The Germans are hoarding gold. I estimate that the Germans own 9000 tonnes in private gold—nearly as much gold as the French and Italians have combined. What is their motivation?

Silver Shock Update: A New and Major Threat to Supply

By Jeff Clark Senior Analyst, GoldSilver.com As many of our readers know, silver supply from mining operations has been in decline. That decline has just sped up. In a big way. As you might know, a plethora of mining companies around the world have announced they suspended part or all […]

Gold Daily News: Tuesday, March 31

The gold futures contract lost 0.66% on Monday, as it continued to fluctuate following last week’s Monday’s – Tuesday’s rally. The market reacted to the previous Sunday’s Fed unlimited Quantitative Easing announcement. Yellow metal has retraced all of the previous sell-off, as it got back close to March 9 medium-term […]

James Grant: Nobody Knows Anything

James Grant, editor of Grant’s Interest Rate Observer Recorded: March 24, 2020 [T]his introduces the possibility of everything that gold bugs have been praying for. INTERVIEW TRANSCRIPT (EDITED) Albert Lu: It’s another day of volatility for investors, as hope for a government stimulus package pushes the Dow Jones Industrial Average […]

Sunshine Profits: Gold Daily News – Tuesday, March 24

The gold futures contract gained 5.59% on Monday following Sunday’s Fed unlimited Quantitative Easing announcement. Yellow metal has retraced almost half of its recent sell-off, as it got back above the $1,550 level yesterday. Today, gold is extending that short-term rally and it gets closer to March 9 medium-term high […]

Point of No Return

By John Hathaway Credit Deflation and Gold Gold and precious metals mining shares are casualties of panic selling across all financial markets. The scenario is similar to what happened in 2008 during the global financial crisis (GFC). When the general selling exhausted itself in late 2008, gold and mining shares […]

Gold Daily News: Wednesday, March 18

The gold futures gained 2.64% on Tuesday, as it retraced some of the recent sell-off after bouncing off $1,450-1,500 price level. Yellow metal fell the lowest since late November of 2019 on Monday, before bouncing off new medium-term low of $1,450.90. Earlier last week the market bounced off new medium-term […]

Gold Daily News: Thursday, February 20

The gold futures contract gained 0.51% on Wednesday, as it further extended its short-term uptrend. The price of gold broke slightly above its January 8 local high of $1,613.30, before closing the highest since the first half of 2013. Investors keep buying the safe-haven asset despite record-breaking stock market and […]