Gold
Silver technically joins gold in a new bull market
With December Gold continuing to consolidate recent gains above $1500, investors have begun to move quickly into the cheaper safe-haven option of silver which has surged 12% this month and touched an over two-year high of $18.76 on Thursday. Unless there is a harsh selloff later today below $17.50 in “poor […]
All News
Gold will be explosive, unlike anything we’ve seen says Canada’s billionaire Frank Giustra
Silver technically joins gold in a new bull market
With December Gold continuing to consolidate recent gains above $1500, investors have begun to move quickly into the cheaper safe-haven option of silver which has surged 12% this month and touched an over two-year high of $18.76 on Thursday. Unless there is a harsh selloff later today below $17.50 in “poor […]
Gold: watch these 2 key levels
As a long-term bull market in gold is underway it is important to keep an eye on the critical levels of support and resistance. For those of you holding physicals or investing in non-leveraged products these twists and turns might not mean as much as someone using futures which allow speculators to […]
Tim Ord: We Are at the Beginning of a Three Year Up Cycle for Gold
Gold Explodes Before Pulling Back
Although we have been bullish gold since the $1,280 level and achieved our first target of $1,500. All week we wrote that gold would churn around this level before finally breaking out. However, with all of the troubles around the globe and all central banks cutting rates Gold exploded on Wednesday trading […]
Gold: The Unfortunate Final Refuge
I have always been amazed by our collective ability to forget history. This applies to everything from politics, to war, to economics. The same things repeat with varying predictable patterns throughout the centuries. As Mark Twain is reputed to have said, “History doesn’t repeat itself, but it often rhymes.” I […]
By Not Renewing the CBGA, Central Banks in Europe Look Ready to Buy Gold
After 20 years and three renewals, the signatories to the Central Bank Gold Agreement (CBGA), a cartel like syndicate of central banks in Europe, have just announced that they will not be renewing the Agreement when it expires this coming September. While the real purpose of the CBGA was always […]