Lack of trust in the gold space still represents a major barrier for growth, especially when it comes to attracting new investors, according to one fintech CEO. Gold has experienced “a double perfect storm” this year as the COVID-19 pandemic exacerbated gold’s existing drivers, Goldex CEO Sylvia Carrasco told Kitco […]
Gold and silver futures prices are higher in early U.S. trading Thursday. Once again, the two metals are choosing to behave like a commodity market and are following the overnight gains in global equities markets, led by the U.S. It appears gold and silver traders reckon rallying stock markets suggest […]
After testing the recent lows of $1,850, December gold futures have been trying to breakout to the upside. $1,910 has been the stumbling block where gold has failed the last three days. The long-term trend is still short and failure to take the $1,910 level out, will bring gold back to $1,850 and possibly […]
The silver market continues to heat up and one billionaire investor continues to increase his exposure to the precious metal through the mining sector. Thursday, First Majestic Silver Corp. (AG: NYSE; FR: TSX) announced a bought deal where Eric Sprott will buy 5 million shares of the silver producer, the […]
Gold, silver and platinum held support on Thursday, showing that they are not going straight down. However, the facts are simple: the metals are weak and have a great potential to break hard to the downside. There is no doubt that there are reasons to own gold. However, price action […]
Despite a pullback this week, precious metals are wrapping up one heck of a month—and the future looks even better. How good will it get? Host Craig Hemke and legendary investor Eric Sprott break down all the gold and silver news you need to plan for the months ahead. In […]
Gold prices are at daily highs as the U.S. Producer Price Index (PPI) falls short of expectations in June, declining 0.2%. Market’s consensus was expecting to see a rise of at least 0.4% on a monthly basis. The annual PPI also disappointed market forecasts, falling 0.8% vs the expected 0.2% […]
As the week wraps up early ahead of the U.S. holiday, host Craig Hemke sits down with legendary investor Eric Sprott to break down all the gold and silver news you need. In this edition of the Weekly Wrap-Up you’ll hear: The “serious stuff” going on in the ETFs Why […]