The developing conflict between Israel, Iran, and its proxies is escalating and America is being drawn in. Middle Eastern demand for gold over dollars is only just starting to impact bullion markets.Both gold and silver consolidated in a tight range close to all-time highs this week. Spot...
Read MoreStagnating economies together with high government debt loads inevitably create funding crises and debt traps. Nowhere is this problem more destructive than for the fiat dollar.But it’s not just the dollar. Economies in the Eurozone and the UK have insufficient growth to support their...
Read MoreIt has been an excellent week for gold and silver bulls. But is a correction now due, and if so, how deep and for how long? It looks like being severely limited.Gold continued to make new highs this week, today trading below yesterday’s best level of $2685 spot this morning in European trade...
Read MoreUS equity markets seem ripe for a significant pullback, or even a severe bear market, with bond yields unlikely to fall much before rising again. If so, how will it play out for gold?The Fed’s 50 basis point cut in its fund rate was more than expected, other than by optimistic equity bulls....
Read MoreAfter a bullish performance last week which took gold to new highs, will it hold on to them, or is a correction overdue? Read on…This week, gold and silver consolidated recent rises with gold trading at $2608 in early European trade, up $35 on the week after last week’s spectacular rise. And...
Read MoreFor years, bulls of gold and silver have complained about how derivatives have been used to suppress their prices. Their dreams of the practice ending could be coming true.IntroductionIf you think about it, there is a simple reason that derivatives for speculating or hedging gold is fatally...
Read MoreNot only are the charts foretelling higher prices, but runaway US debt and increasing threat of an all-out war against Russia are fuelling a global panic out of dollars into gold.Gold finally broke out above its tight consolidation range into new high ground yesterday and saw overnight...
Read MoreThe annual BRICS summit is only six weeks away. It is assumed that a new 40% gold-backed trade settlement currency called the UNIT will be on the agenda. I don’t think it will and I offer an alternative.The half-baked UNITAlexey Subbotin, an investor and entrepreneur, and Ji Luo, an...
Read MoreWhile the resilience of gold and silver prices puzzles western capital markets, the Asian hegemons take a different view, continuing to dump fiat for gold. Now Russia is investing her surplus oil revenueWhile gold and silver are yet to break into new high ground, the resilience of gold this...
Read MoreGold’s story has been all about insatiable Asian demand. But there are now signs that driven by a falling dollar, paper gold traders are joining the bullish camp.Gold and silver were in a holding pattern this week, with gold consolidating at all-time highs and silver consolidating a rally after...
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