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 […]

2020 Gold Price Forecast, Trends, & 5 Year Predictions

Jeff Clark, Senior Analyst, GoldSilver  Most price forecasts aren’t worth more than an umbrella in a hurricane. There are so many factors, so many ever-changing variables, that even the most educated guess usually misses the mark. Further, some forecasters base their predictions on one issue. “Interest rates will rise so […]

Trump and Economic News That Drive Gold, Not Just Coronavirus

Coronavirus, the topic du jour. It is still the major threat for the global health and economy. But we should not forget about other geopolitical and economic developments. What do they imply for the gold market? Coronavirus, China’s Economy and Gold Prices The number of cases of coronavirus reported by […]

Predictive Modeling Suggests Gold Will Break Above $1650 Within 15-30 Days

Our Adaptive Dynamic Learning predictive modeling system is suggesting Gold will rally above $1650 within the next 2 to 4 weeks, then settle into a narrow price range above $1600.  If you’ve followed our analysis of Gold over the past few months and years, you already know we expect Gold […]

Coronavirus, Powell and Gold

The number of cases and deaths by the new coronavirus have escalated quickly. However, the fears subsided and the stock market rebounded. How did gold perform, and what can we expect from the king of metals next? Should We Stop Worrying about the Coronavirus? Well, that was a quick escalation. […]

Will New Coronavirus Kill Global Economy and Humanity?

Will New Coronavirus Kill Global Economy and Humanity, Making Precious Metals Shine? The World Health Organization has declared the coronavirus outbreak a global health emergency. What does it mean for the global economy and the gold market? Will Coronavirus Kill Us All? So it looks like not the recently feared […]

How Effective Is Gold As a Hedge?

Jeff Clark, Senior Analyst, GoldSilver.com  FEB 3, 2020 Gold has been a safe haven for literally thousands of years. But how effective is it as a “hedge”? A hedge is an asset that tends to rise when others fall. For example, an investor holding common stocks might find it advantageous […]

Coronavirus Alert

  “May you live in interesting times.” It’s a famous curse, supposedly of Chinese origin. And it seems nearly as apt today as when it first came to the attention of the Western mainstream in the 1930s. First quoted in print to a British politician, a much less famous Chamberlain […]

Gold Bullion Likely to Test the Last Major Overhead Resistance Level

This article was originally published at Sprott.com 2019 marked the best performance for the precious metals complex in nearly a decade. Gold bullion closed the year at $1,517 (gaining 18.31% for the 12 months). Silver bullion ended the year at $17.85 (up 15.23% in 2019). Platinum climbed 21.56% in 2019, […]

Stocks at record highs… will it last?

  Do you remember last December?  The stock market wasn’t the raging bull it is today. It was reeling from a sharp correction. All the gains of the year were quickly erased on Trade War fears and investors’ waning confidence in the Fed’s decision to raise rates for the 10th […]

Druckenmiller Bullish On Copper, Gundlach Says Time To Play Defense

Dec 19, 2019 03:47 pm By Albert Lu A dovish Federal Reserve and strong labor market make a recession in 2020 unlikely, according to two market experts. “The odds are against a recession occurring before the end of 2020,” said DoubleLine Capital CEO Jeffrey Gundlach in an interview with CNBC. […]

Silver Mine Grades are Plummeting…

What Does it Mean for Your Holdings? Jeff Clark, Senior Analyst, GoldSilver.com DEC 16, 2019 Silver mines aren’t pulling the same amount of metal out of the ground as they used to, which means less and less silver is coming to market. Why is less silver coming out of the […]

The Last Hawk Flew to Heaven

Sad moment. Paul Volcker, the former Fed Chairman went to Bank of Heaven. We are not reporting this news due to the implications for gold prices, but as an opportunity to reflect on changes in the central banking since the time of Tall Paul and on their consequences for the […]

The Prospects of Gold’s Next Upswing

The USD Index rallied on Friday, and gold responded with an intraday decline – that’s normal. What’s not necessarily normal is the size of the daily change in gold compared to the size of USD’s rally. USD Index Bounces Higher Namely, gold futures ended Friday’s session exactly where they had […]

“You Stupid Gold Bugs! Trade War Risks Are Over So Sell Your Gold”

Jeff Clark, Senior Analyst, GoldSilver.com NOV 20, 2019 I was stupefied at what I was reading… A Bloomberg article earlier this month reported that JP Morgan and Citibank were significantly reducing their gold positions or closing them out entirely. Based on the article, it seems they made this decision based […]

Rick Rule on Gold

This article was originally published at Sprott.com Gold and “The Prettiest Mare at the Slaughterhouse” Rick Rule, President and CEO of Sprott U.S. Holdings Inc., shares how the worldwide explosion of negative yielding debt shapes his bullish outlook on gold. He examines the impact that a “war on savers” has […]