Gold Challenges Silver for “The Devil’s Metal” Name (GLD, SLV)
Gold continues to take it on the chin. It all depends upon what you want to blame. Dennis Gartman, the 50-day moving average test, or the rising U.S. Dollar against the greenback. …
Gold continues to take it on the chin. It all depends upon what you want to blame. Dennis Gartman, the 50-day moving average test, or the rising U.S. Dollar against the greenback. …
We often look for a read on gold and silver and we have a potentially interesting development underway. We track these via iShares Silver Trust (NYSE: SLV) and SPDR Gold Shares (NYSE: GLD),…
Leveraged ETFs and ETNs are not new to most investors. They are also not new in all cases when it comes to precious metals. You are likely familiar with the SPDR Gold Shares (NYSE: GLD)…
On the way up, you heard many $2,000 gold targets. On the way down, the dooms-day crowd not only gets bold but they come out of the woodwork. Monday marked another day…
Odyssey Marine Exploration, Inc. (NASDAQ: OMEX) is far from your ordinary company. This is a public treasure hunting outfit. Really. The company is generally not much of an equity trading focus, except…
Owning gold or silver has been tricky up until recent years. It has also been a wild ride. Now with the flourishing ETFs, investors can buy the most liquid gold play in…
At yesterday’s meeting for investors, Rio Tinto plc (NYSE: RIO) offered a subdued forecast for the iron ore and copper markets going forward. There was some upbeat talk about new projects in…
We have many carryover issues this Monday from last week and the weekend that will be feature issues to watch this week. These are “The Unusual Suspects” for the week ahead. Our…
Following an end-of-week rally last week, the DJIA has picked up where it left off and is up about 100 points just before noon today. The NASDAQ and S&P 500 are also…
The move up and the sudden move down in gold today has been almost impossible to ignore. Gold was up more than $15.00 above $1,681.00 today, but now gold is DOWN over…
The media keeps pointing to a double-dip recession. It is such a commonly used term that no one even cares that this is technically just the starting point of the next recession. …
As the disagreement on the US debt ceiling turns into a debacle, gold posted a new high near $1,635/ounce this morning before pulling back to trade at around $1,624 late in the…
Gold prices set a record high above $1,624/ounce in foreign trading this morning, and is remaining quite solid, trading above $1,617/ounce at around mid-day. Silver posted a solid gain this morning, at…
24/7 Wall St. usually looks for the companies with upcoming events in the week ahead. During earnings season, we generally feature companies only with non-earnings events. This is our list of “The…
Since posting a high over $49.50 in late April, silver has been treading water at around $35/ounce. But there are several analysts who believe that the devil’s metal is looking good for…