Gold and Silver: Look for Another Great Year in 2013
ThinkstockGold futures closed at around $1,676 an ounce in 2012, about 7% higher than the $1,565 or so the yellow metal fetched at the beginning of the year. Forecasts for the price…
ThinkstockGold futures closed at around $1,676 an ounce in 2012, about 7% higher than the $1,565 or so the yellow metal fetched at the beginning of the year. Forecasts for the price…
ThinkstockGold futures closed below $1,650 an ounce on the Comex last night, sharply lower than the $1,700 or so the yellow metal fetched at the beginning of December 2011, but well above…
There are two schools of thought regarding the reaction of precious metals to the eventual resolution (or non-resolution) of the current negotiations on the U.S. fiscal cliff. If the two sides can…
ThinkstockETF Securities has released its weekly metals outlook. With big gains in silver and gold in recent days, we have been tracking the moves in ETFS Physical Silver Shares (NYSEMKT: SIVR) and iShares…
ThinkstockElection Day has come and gone. President Obama won a second term. The current electoral vote was by a margin of about 3 to 2 (unofficial), but the percentage last seen was…
thinkstockOn the day that the Presidential election is happening, investors are throwing money into the inflation winners. The problem is that maybe this is not an inflation trade. Maybe it is a…
ThinkstockWhen Silver Wheaton Corp. (NYSE: SLW) reported third-quarter results yesterday, the silver miner noted that lower sales and lower prices hit both revenues and profits, down 13% and 11% respectively. A year-over-year…
The iShares Silver Trust (NYSEMKT: SLV) is about to allow itself to get significantly larger. The trust and exchange-traded product has just filed to allow for the creation of many more shares.…
It had been a while since the real gold bugs got to make their endlessly higher calls, but the latest surge ahead of and after QE3 in gold, silver and other inflation-hedging…
The move in silver has been amazing, but something else has been even more amazing. Silver miners have selectively moved in a manner much more than the metal itself. The move in…
Gold had hit yet a new six-month high of $1,779.10 per ounce in early bird trading today after the Bank of Japan decided to ease via an expanded asset purchase plan. The…
The announcement of QE3 is not bringing a “sell the news” reaction at all when it comes to the metals market. Gold is surging, but The Devil’s Metal of silver is significantly outperforming…
Gold bugs are finding a mixed reception today, but there is some concerning news out of South Africa that may resemble a bit of the same concern after deadly police responses during a labor…
Quantitative easing is back on the table and back in traders’ pockets. Forget about what Ben Bernanke said at Jackson Hole about vigilance. This is after Mario Draghi’s bond buying news this week…
The recession did something interesting to platinum. It took away much of its relevance, and the rising gold prices helped to take away platinum’s historic premium. Due to major labor strike with…