Or some reflections to read over the Easter holidays With Japanese and Eurozone interest rates becoming increasingly negative, and the Fed backing off from at least some of the planned increases in the Fed funds rate…
This week, clients have preferred purchasing silver to gold and have been seen exchanging their gold for silver. Many clients were seen seen buying precious metals on Tuesday and Wednesday after taking advantage of the…
Precious metal prices eased ahead of this week's 2-day FOMC meeting, which ended on Wednesday. Gold had drifted $30 lower before recovering it all in a matter of minutes on Wednesday afternoon EST, after the rate…
This week, clients have been buying larger volumes of all precious metals, possibly speculating ahead of the FOMC meeting on Thursday and taking advantage of the lower prices seen through the week. Silver has been the…
Last week, the ECB extended its monetary madness, pushing deposit rates further into negative figures. It is extending quantitative easing from sovereign debt into non-financial investment grade bonds, while increasing…
Inflection Points Introduction Gold prices are up between 13% and 23% year-to-date in the major currencies. However, this upward trend started long before the recent price rally. In fact, in a majority of currencies,…
Despite a sharp run-up over the last two months, gold's consolidation of previous strength has been a three-week sideways affair. Gold's price started the week at $1260 and as of this morning (Friday 0800 London time)…
This week, clients have been selling larger values of all precious metals, possibly speculating ahead of the ECB meeting on Thursday and taking advantage of the higher prices seen through the week. Conversely, we have…
This article notes that the technical situation for the gold price has sharply improved, to the evident surprise of many mainstream analysts. It discusses possible reasons behind the turnaround, and implications for the…
Gold has had a good week, breaking out from a consolidation pattern, and heading into new high ground for this year. Silver, which has been left behind, appears to be merely pulled along in gold's wake. As of early this…