After three straight years of losses, analysts are finally prepared to say gold prices have found a bottom, with rising prices seen this year and next as concerns over the pace of U.S. monetary policy tightening fade. Gold analysts polled by Reuters have hiked their forecasts for the precious metal by nearly $100 an ounce since the start of the year after it posted its biggest quarterly r... read more
Buyers Disregard Gold Prices It can’t be stressed enough: if you want to know where gold prices are going, then pay attention to buyers. Their actions suggest gold bullion prices could soar. We are seeing a gold rush, but unfortunately it fails to get any recognition. There are three things you must know: China remains a strong buyer, Indian’s gold demand is astonishing, and mint... read more
More good news for silver bulls: there’s supply trouble brewing. Output from mines will fall for the first time since 2011, while demand for the metal in uses including industrial products and jewelry is heading for a fourth straight gain, supporting prices, according to CPM Group. The market is entering what is “likely to be a pivotal year,” the New York-based researcher said in its ... read more
Today top trends forecaster Gerald Celente warned the American dream is dying as Americans now consume 80% of global supply of painkillers. Gerald Celente: America, once the world’s undisputed global heavyweight, has down-trended into an economic, political, social, cultural and lifestyle bantamweight… Continue reading the Gerald Celente piece below… Having made its mark and... read more
Inflation is going to massively impact the world in 2016! Peter Boockvar: Following the poor 2 year note auction yesterday, the 5 year auction was just mediocre. The yield was above the when issued and the bid to cover was below the 12 month average. The upside was in the level of direct and indirect bidders which took about 70% of the auction vs the one year average of 66%… Peter... read more
The best reason to own silver is based upon underlying market fundamentals. However, most of the markets today aren’t being valued by fundamentals, but rather on Fed and Central Bank interventions. This has destroyed the ability for investors and markets to properly value most assets. I, as well as many precious metals analysts have received some ridicule for getting it wrong on the pric... read more
Gold Price Target is... The rally that followed the 2008 financial crisis generated returns of 132% for gold in under three years. The gold price more than doubled from the low of $681 in October of 2008 to a high around $1,577 in April of 2011. - Gold Price Target is... So, while the 20% move higher toward $1,300 has been exciting, gold would still need to climb to somewhere around... read more