Maybe you didn’t buy gold at $1,100, or $1,250 or $1,350. Perhaps you kept waiting for the arrival of a well-known analyst’s call of $700. (Whose tune has now changed to predicting $1,800!). What to do now?
Full Article →Will Cheated Investors Be Paid Damages?
Gold and silver investors have been watching the Department of Justice investigation of criminal price rigging at JPMorgan Chase and other bullion banks carefully…
Full Article →JPMorgan Chase and other bullion banks spent most of a decade screwing clients and investors who were naive enough to expect a fair shake in the precious metals futures markets. It was a solid racket.
Full Article →Will War Drums, Inflation Fears Ignite Gold and Silver Markets?
Few investors are positioned to cope with the rising risk of war in the Middle East. Few are prepared for the prospect of persistently higher energy prices and higher inflation. Even fewer are taking steps to insulate their portfolios from future black swan events
Full Article →A “Looming” Recession Is a Golden Opportunity
It’s the most widely anticipated recession in history. The recession hasn’t arrived yet – and may not do so anytime soon – but the mainstream media still can’t stop talking […]
Full Article →Investing in Metals? You Need This
The bullion business is competitive, and buyers can easily evaluate dealer ask prices. In this internet age, people are more inclined and able to evaluate pricing than ever. It’s easy to compare one merchant’s offer with another.
Full Article →Gold Up on Labor Day as Bullish Bets Set Record
GOLD PRICES rose Monday morning as Washington and Beijing put additional tariffs on each other’s exports and new data said hedge funds increased their bullish betting on bullion to a new all-time high last week.
Full Article →GOLD PRICES held on track for the highest monthly finish in 6.5 years in Dollar terms in London on Friday, heading for a $100 per ounce gain this August.
Full Article →Will Silver’s Surprising Summer Surge Continue?
Just a few weeks ago, silver naysayers told us we’d have to wait months, or even years, before the market made a big move. Now they are eating their words! The white-hot metal surged past $18.50/oz this morning to reach its highest level in more than two years.
Full Article →The PRICE of gold bullion bars retreated but held near multi-year or record highs against most currencies in London trade Thursday, edging back as major government bonds also slipped while global stock markets rallied.
Full Article →GOLD BARS traded in London’s wholesale market slipped to 2-week lows against most major currencies except the Euro on Thursday, losing 1.5% for the week so far as longer-term interest rates rose from their recent all-time lows in the bond market on news that the US Federal Reserve is cautious about cutting interest rates further.
Full Article →GOLD PRICES steadied once more around $1500 per ounce in London trade Wednesday – a new 6-year high when reached earlier this month – as Western stock markets rallied and bond prices slipped after US President Trump said he’s considering fresh tax cuts to stimulate the world’s largest economy.
Full Article →GOLD PRICES edged back above $1500 per ounce in London trade Tuesday, recovering what was a new 6-year high just 2 weeks ago as world stock markets slipped from yesterday’s bounce and the US Dollar rose yet again on the currency market.
Full Article →The Case for Gold Gets Stronger As Negative Interest Spreads
Frank Holmes, CEO of US Global Investors, recently noted that a whopping 25% of all bonds sold globally now carry a negative yield. “Investors” are even buying some “junk” rated bonds which will repay the bearer less than purchase price upon maturity.
Full Article →Gold Climbs Higher as Germany Edges Towards Recession
GOLD PRICES rose on Wednesday as shrinking German economy outweighed the Trump tariff relief while yield curves inverted in the US & UK to spread recession fear. Spot gold increased by 1% to $1515 per ounce while European shares fell as Germany’s GDP shrank by 0.1% between April and June, fuelling fears of a recession for Europe’s largest economy.
Full Article →The World Silver Survey 2019 Review said that global silver demand hit a three-year high in 2018, surpassing more than one billion ounces, up 4% from 2017. At the same time, global silver mine production fell for the third straight year, dropping 2% in 2018 to 855.7 million ounces.
Full Article →U.S. Dollar to Lose Stature in Global Race to Devalue
Last Monday, the Treasury Department labeled China a “currency manipulator” for depressing the yuan’s exchange rate. It isn’t clear whether that designation will have anything more than a symbolic effect.
Full Article →Negative Interest Is Coming for Your $$$…
The world is in the midst of one of the strangest asset bubbles of all time. Instead of being fueled by the hope of bigger and bigger gains, it is being driven by a resignation to incurring lower and lower… and ultimately negative, yields on capital.
Full Article →Automakers Warn over Supply of Critical Metals
While motorists continue to enjoy the benefits of a longstanding supply glut in crude oil, car manufacturers are becoming increasingly worried about shortages. Not in liquid fuels, but in metals.
Full Article →Gold Hits All Time High in GBP, Yuan and Rupee
GOLD PRICES soared this Monday morning to multi-year highs in major currencies as China weakens the Yuan which breached the crucial 7-per-dollar as the US-China trade war escalates.
Full Article →Will Trump Initiate Currency Intervention?
Following months of cajoling by the White House, the Federal Reserve finally cut its benchmark interest rate. However, the reaction in equity and currency markets was not the one President Donald Trump wanted – or many traders anticipated.
Full Article →Gold Steady ahead of Key Risks Events
GOLD PRICES firmed on Monday at the start of an event-filled week that features the resumption of US-China trade talks, an expected Federal Reserve interest-rate cut and the release of US Nonfarm payroll numbers.
Full Article →GOLD PRICES rallied from yesterday’s pullback in London on Friday, heading for a small weekly gain versus most major currencies except the US Dollar and Chinese Yen as world stock markets rose following Wall Street’s fresh all-time intraday records.
Full Article →With the Federal Reserve all but certain to cut interest rates multiple times in the months ahead, central bankers are engaged in a race to the bottom. As negative interest rates expand in Japan and across Europe, as long-term bond yields in the U.S. plummet, and as President Donald Trump continues to talk tough on trade, the Fed has little choice but to cut.
Full Article →It’s bad enough when bait-and-switch “rare” coin dealers stick it to naive customers. But when one of those shady peddlers got involved with politicians in the state of Ohio more than 15 years ago, it was a major statewide scandal. And the fallout continues today…
Full Article →GOLD and SILVER PRICES spiked overnight in Asia trade on Friday as US President Trump claimed that a US Navy assault ship had shot down an Iranian drone threatening to attack it. Gold then eased back $15 in London business, retreating from its new 6-year Dollar high of $1452 to show a 1.6% gain for the week.
Full Article →Gold Gains But Silver Price Leaps Despite Plunge Towards Recession in Asian Exports and New Brexit Warning Bullion.Directory precious metals analysis 18 July, 2019 By Adrian Ash Head of Research […]
Full Article →President Trump moved recently to nominate an avowed sound money advocate, Judy Shelton, to the Federal Reserve Board. Bullion.Directory precious metals analysis 17 July, 2019 By Stefan Gleason President of […]
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