All bull markets go through periods of consolidations and corrections. And precious metals are no exception.
There has been plenty about gold’s swan dive, but less talk about silver. And at this point there’s more potential for silver than gold…significantly more.
Because the global silver market is relatively small, Silver Prices tend to be more volatile; the pounding sell-off we witn...
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Sales of gold coins by the
U.S. Mint are heading for the highest level since December 2009 after prices in New York had the worst two-day slump in three decades.
As of yesterday, sales totaled 196,500 ounces, up from 62,000 ounces in March, data on the mint’s website show. The amount for all of December 2009 was 23...
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The crypto-currency Bitcoin is still merely a speck on the global monetary landscape. It is young, experimental, and for all we know, it may ultimately fail to break into the monetary mainstream. However,
on a conceptual level I am willing to call it a work of genius and arguably the most exciting development in the field of money for more than 130 years. Let’s say since th...
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While talk around Federal Reserve policy has focused on tapering off its easing measures, a weakening economy likely will keep the central bank in the game and could even lead to more aggressive measures.
The Fed has been pumping in $85 billion worth of liquidity each month in hopes of lifting asset prices a...
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USA -
A week ago I wrote about a potential rebound after capitulation and panic selling in precious metals and the miners. It now appears Goldman Sachs (GS) is covering its short on gold as it rebounds above $1400.
Meanwhile, many banks have helped confuse and misdirect the investment community out of gold (GLD) and silver (SLV). This was a classic shakeout and bear trap which may start...
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The recent fall in the gold price seems to have been attributed to two things – manipulation and investors turning to riskier investments as they regain optimism over the US and Euro recovery.
Bubbles, central banks and gold
For us though, this isn’t enough to predict the end of the gold bubble. As you can see from our infographic everywhere has an interest in gold, whether it’...
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When it comes to alternative currencies, gold is usually the tender of choice. David Morgan, publisher of
The Morgan Report and creator of
Silver-Investor.com, disagrees. Morgan says that when it comes to precious metals as legal tender, silver is the best bet.
Silver is...
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Following the entire "developing" world (where faith in paper money "backed" by $1 quadrillion in derivatives is at times questioned, and instead the people, for some inexplicable reason, fall back to hard currency equivalents) scrambling out to their local precious metal dealers to find "out of gold" signs virtually everywhere, yesterday it was the US Mint's turn to announce it had halted ship...
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Following last week’s panic sell-off in gold (and resultant explosion in physical buying worldwide), one of the world’s top gold traders and
recent interview guest,
Gary Savage, shared some powerful commentary on the psychology of t...
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Were one restricted to watching just the paper market spots prices for precious metals, one might assume that there is major panic selling of gold and silver around the world.
A few days ago gold saw its biggest drop in thirty years, and silver was right behind it, leaving many investors concerned that gold’s decade-long run-up was nearing its end.
With all of this selling you’...
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