From homes and health care to nuts and honey, here are the products and services you'll shell out more cash for this year. Mail Mailing a letter or a package is going to get more expensive this year ... yet again. On January 26, the U.S. Postal Service will raise the price of a stamp from 46 cents to 49 cents. The hike, which is the largest in years, includes a one-... read more
Many precious metal investors would like to know where the price of silver is headed in 2014.  After the huge take-down of the price of gold and silver in 2013, investors want to know if silver has finally put in a bottom and is getting ready for a new move higher this year If investors are banking on much higher silver prices in 2014, then the typical Bank & Brokerage House forecasts a... read more
Las Lágrimas de la Luna” could well reach $500/oz in the next few years.  This expression is how ancient Incas of Peru referred to silver…”Tears From The Moon.”  Although silver production is globally widespread, tiny Peru is the world’s largest silver producer. However,  many mining companies contribute to world silver production. Here are the World... read more
If 2013 can be summed up in one chart Eric (see below).  It is a base-100 chart showing the correlation of three things:  Total assets on the Federal Reserve’s balance sheet, the S&P 500, and the price of gold.... A base-100 chart makes it easy to illustrate whether or not different markets are correlated.  
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The united stimulus front of central banks is starting to splinter as 2014 dawns. The Federal Reserve -- soon to be led byJanet Yellen, confirmed today by the Senate as the next chairman -- begins pulling back on its quantitative easing amid stronger U.S. growth, and the Bank of En... read more
Gold is a nearly perfect form of money. It is one of the few things on planet earth that contains all of the following attributes; beauty, scarcity, virtual indestructibility, and is also transferable and divisible. However, even after five thousand years of utility as a store of wealth, gold is still completely misunderstood by most on Wall Street.... This is why most money managers wrong... read more
Despite slower monthly sales in December, annual sales for all of the United States Mint's bullion programs rose compared to the prior year. American Silver Eagle bullion sales finished the year at a new annual sales record. For the month of December, American Gold Eagle bullion sales reached 56,000 troy ounces. The majority of sales occurred for the one ounce size, with small contributions... read more
Singapore: Gold advanced to the highest level in almost three weeks on speculation that its biggest annual decline since 1981 is spurring increased demand in Asia.
Bullion for immediate delivery gained as much as 0.8% to $1,246.46 an ounce, the highest level since 17 December, and traded at $1,241.93 at 2:36pm in Singapore. Prices strengthened for a third day, erasing an earlier l... read more
Eugen Weinberg, head of commodity research at Commerzbank, explains why it might be a good time to get back into gold, as most negative events have been priced in and an upside is likely. VIDEO AT SOURCE
The gold price enjoyed a second day of double digit gains, adding 1% on Friday to reach a near 3-week high and notching up its best performance since October. On the Comex division of the New York Mercantile Exchange gold for February delivery added as much as $13 an ounce to a day high $1,238.30 in early afternoon trade. Gold's fightback from last year's lows of $1,187 which was again t... read more