Gold benefits from diverse sources of demand: as an investment, a reserve asset, a luxury good and a technology component. It is highly liquid, no one’s liability, carries no credit risk, and is scarce, historically preserving its value over time. Click On The Image Below To Read Full Article And […]
Markets love clarity, and as the U.S. election appears to be narrowing in on a result, host Craig Hemke sits down with Bob Thompson of Raymond James in Vancouver to break down all the gold and silver news you need to understand what lies ahead. In this edition of the […]
China’s physical gold investment market has come a long way since its liberalisation in 2004. Primarily driven by the nation’s economic expansion, in 2013 it became the largest gold bar and coin market in the world and it hasn’t looked back since. Chinese commercial banks have played a vital role […]
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 […]
It’s been a wild week in terms of fiscal policy, and precious metals continue to hold steady in the face of disappointing economic numbers. This week, legendary investor Eric Sprott returns to break down all the gold and silver news you need to weather the post-Covid reality. In this edition […]
Platinum is taking investors by surprise with its unexpected September rally, rising nearly $100 during the past two weeks. On Tuesday, platinum surged nearly 3% on the day, with October platinum breaching $980 an ounce. At the time of writing, October futures were trading at $983.80, up 0.16% on the […]
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 […]