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 […]
Market Analysis
Sustained Movement Means High Optimism for Gold and Silver Investors – Weekly Wrap Up (July 31, 2020)
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 price at daily highs following 0.2% decrease in U.S. PPI
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% […]
“Things Have Changed” in Precious Metals: Lessons From a Volatile Week – Weekly Wrap Up (July 2, 2020)
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 […]
Gold is the asset to hold in a dangerous world – Ballingal Investment Advisors
Gold prices have achieved an important milestone, testing critical resistance at $1,800 an ounce, and one Australian firm is expecting that prices will continue to push higher. In an interview with Kitco News, on the sidelines of the Mines and Money Online Connect virtual mining conference, Andrew Ballingal, founder and […]
Gold, silver weaker; bullish spark needed
Gold and silver prices are modestly lower in midday U.S. trading Thursday, even as global equity markets have paused late this week following recent rallies. The safe-haven metals bulls need a new fundamental development to spook the marketplace and jumpstart their near-term price uptrends. August gold futures were last down […]
No Return to Normal: Why The Economic Wasteland is “Dramatic” – Weekly Wrap Up (June 12, 2020)
After a wild and crazy week in the stock market, is it any surprise precious metals are rallying? Host Craig Hemke and Eric Sprott break down all the gold and silver news you need as we head into an uncertain summer. In this edition of the Weekly Wrap-Up, you’ll hear: […]
Gold prices surge on rotation into ‘safety of gold, silver and bonds’
Gold futures rose sharply Thursday as equities sank with markets focused on longer-term worries about the economy after a two-day meeting of the Federal Open Market Committee officials that ended Wednesday. “We’re seeing a sector rotation out of risk assets like U.S. equities and into the safety of gold, silver […]