It’s been two and a half years since the bank-coordinated reversal of the bull market in gold and silver began on September 7, 2011, the day after gold touched an intraday high of $ 1923.70 . Since then, there have been repeated coordinated operations that have seen gold taken down to the $1,100 level.
But now, the gold price is insistently yearning upward through its technically significa...
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Writer and researcher Jan Skoyles joins the SGTReport to discuss German gold, the paper silver and gold Ponzi, three dead international bankers in one week and the stunning work of her pal Koos Jansen, the man Harvey Organ calls “the go-to researcher” when it come to Chinese gold accumulation and the Shanghai Gold Exchange.
Late in the fall of 2013, I predicted that the Fed would begin to taper QE, and keep tapering until it was gone. I stunned a lot of investors, by suggesting that this “taper caper” would be bearish for the Dow, and
bullish for gold and gold stocks.
During 2014, I expect Dr. Janet Yellen to continue (and possibly accelerate) the tapering process th... read more
Gold and silver have gone vertical and are back above crucial resistance/support at $1250 and $20 this morning on the heels of a terrible ADP jobs report which missed at +175k, and also revised December’s report down from 238k to 227k.
Gold is up $20, and silver is up nearly a dollar of Tuesday’s lows.
Gold jumped $20 on the news to $1275:
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While everyone is focused on the massive outflows in COMEX registered gold inventories and the gold ETF, GLD, it seems that an important evolution in silver is passing unnoticed. In what follows,
Ted Butler, precious metals analyst specialized in COT analysis, reveals a remarkable insight in the physical silver ma...
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Silver prices today remain discounted due to last week's drop, creating a perfect window of opportunity for investors to buy the commodity before it heads higher.
Last week saw a 3.71% decline in
silver prices, which ended January down 4%.
That followed...
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Extending gains for the third day, gold prices rose by Rs 300 to Rs 30,700 per 10 gram in the national capital Tuesday on sustained buying by stockists for the ongoing marriage season amid a firming global trend.
Silver prices also spurted by Rs 590 to Rs 44,200 per kg.
Bullion merchants said the market remained bullish on sustained buying by stockists and jewellery fabricators for the ma...
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Bud Conrad, Chief Economist
Gold has been in a downturn for more than two years now, resulting in the lowest investor sentiment in many years. Hardcore goldbugs find no explanation in the big picture financial numbers of government deficits and money creation, which should be supportive to gold. I have an explanation for why gol...
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Gold prices headed for the biggest advance in more than a week as declining global equity markets boosted demand for haven assets.
The MSCI All-Country World Index of shares retreated as much as 0.8 percent today. A Bloomberg customized gauge tracking 20 emerging-market currencies dropped 3 percent in January, the worst start to year since 2009. Central banks from
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Sales of
gold coins by the U.S. Mint rose 63 percent in January to the highest since April as futures rebounded.
The volume climbed to 91,500 ounces from 56,000 ounces in December, while sales of
silver coins almost tripled to 4.78 million...
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