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 […]
Tag: precious metals
Gold and Silver Clear Low Bar for Good Week – Eric’s Weekly Wrap Up
The fourth quarter is finally upon us, and there’s no shortage of uncertainty as 2020 heads into the final months. In this edition of the Weekly Wrap-Up, host Craig Hemke and legendary investor Eric Sprott break down all the gold and silver news you need to prepare for the storm […]
Gold fighting to break to the upside
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 […]
Precious Metals Take the Escalator Up, Elevator Down – Weekly Wrap Up (Sep 25, 2020)
It’s been a remarkable week for precious metals investors—and not in a good way—but here’s some positive news: there’s no trading over the weekend. In this edition of the Weekly Wrap Up, host Craig Hemke and legendary investor Eric Sprott break down all the gold and silver news you need […]
Gold and silver price charts depicting ‘Flag formation’
If you are an investor in resource stocks, then the first and a half months of 2020 have been very kind to you, especially so if your portfolio has been over-weighted to the gold/silver sector. I don’t know the exact numbers, but I’m pretty sure that other than the high […]
Why is platinum surging and should you be investing?
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 […]
Today’s Pain Is Tomorrow’s Gain: What’s Happening in Precious Metals Right Now – Weekly Wrap Up (Sep 11, 2020)
Pinch-hitting for Eric Sprott this week is Bob Thompson, a Senior Vice President and portfolio manager from Raymond James in Vancouver. Bob and host Craig Hemke break down all the gold and silver news you need to understand the current macroeconomic situation and the ongoing bull market in precious metals […]
Eric Sprott takes 2.3% stake in First Majestic Silver, valued at C$78 million
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 […]