The increase in the price of gold has risen due to Donald Trump’s Presidential election. Gold has risen to ~$32/oz to $1,307/oz and silver +$0.39 to $18.75/oz. Originally, the markets were pricing with a Clinton victory, which forecasted at $1,325/oz in Q4/16 and $1,450/oz in Q1/17 and silver $18/oz […]
Market Analysis
Seabridge on Track to One of the World’s Largest Gold Mines
Seabridge Gold (TSX: SEA, NYSE: SA) has received a key license from the Canadian Government and is on it’s way to developing one of the world’s largest gold mines. The federal Government gave Seabridge approval Monday for a 25-year license on the company’s water management control system. This license is […]
From KITCO: He Called Trump, Now He’s Calling For This – Doug Casey
Review of Current Gold Market
Table of Contents Performance of Gold in 2015 Companies Looking to Deleverage Gold Fund Inflows Summary For many years, gold has been one of the most sought after elements in the world and is thought to make up around 0.003 parts per million in terms of the Earth’s crust. For […]
Drop today not indicative of future
Although, we woke to a down market in physical gold, Kitco reports that TD Securities seeing consensus that a FED rate hike is coming but a ‘potential for gold to bounce from support levels since the Federal Reserve is likely to remain dovish for the longer term even if there […]
Concerns about Deutsche Bank Remain
Deutsche Bank shares fell this morning as a quick deal with U.S. authorities over a multi-billion dollar penalty seems unlikely. An adjusted figure of roughly $5 billion was in the news last week after the initial demand of $14 billion was raised but US regulators. “Clearly, so long as a […]
Is it 2008 in Europe?
*update @ 9;44am AFP reported Friday that the total fine would be just $5.4 billion. German powerhouse Deutsche Bank has again unnerved the markets as trouble with US bank regulators for its selling of risky mortgages. The incredible $14 billion demand is raising the concern in Europe as Germany the […]