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…
Futures prices for gold, silver, and WTI crude are all lower today as the dollar gains strength against the euro. Oddly enough, the dollar index versus a basket of currencies is down…
Silver is trying to make a breakout as spot silver has been trading between $28.00 and $28.20 most of yesterday and today. Its chart is running into some resistance after having bottomed…
The ADP report on jobs managed to come in much better than expected. This has somewhat dampened the hope that the FOMC will need to immediately begin new stimulus measures via the…
Since the beginning of May, gold futures prices have traded in an increasingly narrower band. The highs are trending lower, while the lows are trending higher. Given the continuing concern over the…
Odyssey Marine Exploration, Inc. (NASDAQ: OMEX) is far from your ordinary company because this is quite literally a publicly traded treasure hunting outfit. Now it might be a silver mining outfit depending…
The financial world has been waiting for the decision from the United States Supreme Court on Obamacare and the reaction depends upon which sector and asset class you are following. We have…
By now you have likely heard the term “The Devil’s Metal.” When you see big price whips in silver, it generally means that there is something happening in commodity markets. The situation which…
With commodities on the retreat and with preliminary inflation running very low, you can imagine that the gold and silver markets are trading softer again. Gold is down 1.3% at $1581.50 per…
Gold and silver are finally acting in the manner they should be again. For months and months, gold (and silver as a more speculative gold trade) investors and speculators were having an…
Gold remains under pressure on Tuesday, albeit at a far lower rate of pressure with a drop of only $0.37 to $1,554.19. Gold was at $1,580 just yesterday morning overseas and it…
What happens when you have an appreciating dollar? Commodity prices tend to fall, all other things being equal. But what about when you have a scenario where risk-on investors are not buying…
There is no point in arguing about it. Gold and silver are just the wrong trades in the current state of the markets. Hope may be near for support, but there are…
