Silver: Epic Reversal

On January 11th, we expected the US Dollar to top as Sentiment was uber-bullish, which would lead to a nice rally for Gold, Silver, and (Mining) stocks.

The Surprise Rally In Gold and Silver

At the end of 2011, Merkel and Sarkozy got together for an unusual emergency meeting. They pledged to come up with economic salvation. Immediately the equity markets mounted a year end “Halleluyah” rally.

A Short-lived Pause in the Silver Rally is More Than Likely

Our last week’s comments on the possible rally in gold (January 13th, 2012) are still up to day, so we will begin this essay with a quote from the aforementioned essay and then we will move to the silver...

Gold Ignores Indian Tax Hike, Rises “Because of China” as Stocks & Commodities Jump

The WHOLESALE MARKET gold price reached new 5-week highs as Asian trade ended and London opened on Tuesday, while global stock markets and commodity prices also rose after stronger-than-expected growth data from China.

Gold and Silver Outlook in 2012

Lately we’ve been writing about the precious metals stocks. In particular we believe the equities have made a multi year bottom and look ready for a solid 2012 and 2013. Part of the reason is the action in the...

Markets “Comfortable Again with Gold”, Euro Falls After “Soft” Italian Debt Auction

SPOT MARKET Dollar gold prices dipped to $1637 an ounce Friday morning London time – a 1.4% fall from Thursday's high – as the Euro fell against the Dollar following a successful-yet-disappointing Italian bond auction.

“Bullish Macro Factors” to Drive Gold in 2012 Rather than Dollar, “Ringleader of Intolerance” Germany sees Negative Growth in Q4

SPOT MARKET gold prices rose to a one-month high of just under 1647 per ounce Wednesday morning – a 5.1% gain for January – before easing back as the Dollar rallied on the currency markets.

Euro-Gold Makes “Impulsive Move Higher”, Silver Breaks $30/Oz, as “Growth Replaces Inflation” as #1 China Worry

THE WHOLESALE LONDON spot gold price touched a 3-week high against the US Dollar in London on Tuesday morning, trading just shy of $1640 an ounce as world stock markets and industrial commodities also rose.

Silver Confirms the Bullish Outlook for Precious Metals

The new year started off with a bang with precious metals out-shining the competition. Is this a harbinger of things to come? We think so and we are not alone. Forecasts for gold for 2012 include a price per...

Gold Up 5% on Week in Euros as “Recession Data” Hit Europe, US “Can’t Decouple” from Eurozone Crisis Despite Positive Jobs News

THE DOLLAR cost of buying gold hovered around $1620 an ounce Friday morning London time – becoming a bit more volatile following the release of US employment data but failing to establish a definite direction – while stocks and...