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 […]
Market Analysis
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 […]
Eric Sprott provides analysis of recent developments in the gold and silver markets – Weekly Wrap Up (May 22, 2020)
Eric Sprott provides analysis of recent developments in the gold and silver markets as well as commentary on some of his recent investments. Click On The Image To Listen This Edition of the Weekly Wrap-Up:
Gold bounces as expected
On Thursday, gold, silver and platinum were hit with some heavy selling and a reversal. They were all hit after rallying early and when the day was over, it was an ugly day. All three came down to support, but buyers are stepping in this morning. Gold was hit the […]
Gold, silver up on safe-haven demand amid gloomy economic outlooks
Gold and silver prices are solidly up in midday U.S. trading Thursday. Safe-haven demand is featured late this week as global stock markets have become shaky again. A growing number of economists are now projecting longer recovery periods for major world economies, highlighted by Federal Reserve Chairman Jerome Powell Wednesday […]
Sprott Money News Weekly Wrap-up – 5.8.20
Eric Sprott discusses factors driving precious metal prices higher and assesses the terrific performance of the mining shares. Click On The Image To Listen This Edition of the Weekly Wrap-Up:
Gold rally got a little carried away’ – DeCarley Trading
The gold market is struggling to find consistent momentum and it may be time for the red hot metal to cool down, according to Carley Garner, co-founder of DeCarley Trading. Garner said that after gold’s run, which saw prices hit a 7.5-year high last month, a correction would be healthy. […]