There’s growing appreciation that the gold and silver bull has returned, though the reasons justifying it may not be apparent. But this week’s price action is an important turning point.There are important factors in the background driving the relationship between monetary metals, the dollar,...
Read MoreGold and silver are ready to break into new highs as investors increasing lose faith in the dollar. Bear squeezes in gold and silver are now driving prices, which look set to move higher.For decades, the expansion of artificial supply in the form of paper derivatives has been used to keep gold...
Read MoreQuiet conditions in precious metals belie explosive upside potential, given a government bond market crisis developing in all major currencies.In quiet trading, the current consolidation phase in precious metals extended this week. This morning in Europe, gold at $3330 was down $6 from...
Read MoreExpectations for Trump’s meeting with Putin in Alaska have been downplayed but diverted attention from a stalling US and global economy. Any independent observer will note that the outlook for the dollar is deteriorating, credit risk rising, and a debt trap is being sprung on the US...
Read MoreLack of physical liquidity is putting a bear squeeze on gold, silver, and platinum group metal derivatives. After a bullish consolidation, gold, silver, and PGMs are set to resume rising.Gold improved on last Friday’s sharp rise, up a further $36 at $3400 in Europe this morning, and silver is...
Read MoreTrump backing off on copper is hitting all metals. US tariffs are in disarray and are backfiring badly on the US economy and the dollar. The case for gold and silver is even stronger.With Comex’s August contract running off the board and copper’s collapse it is hardly surprising that...
Read MoreTechnical analysis alone points to gold rising rapidly to at least $4300 by year-end. No wonder platinum, copper, palladium, and silver are front-running gold.Gold continued its three-month consolidation this week, while silver outperformed. In European morning trade gold was $3348, unchanged...
Read MoreSilver swaps are facing a short squeeze in poor liquidity, with lease rates on the September Comex contract at over 5%. Gold continues to consolidate in a bullish pennant formation.This week, gold continued its consolidation, while silver squeezed higher from Wednesday onwards. In European...
Read MoreFor the first time in recent trading sessions, overnight demand from Asia drove gold and silver higher this morning. It should be a wake-up call for western bullion markets.Gold was almost unchanged over the week, but silver gained in subdued post-July 4 holiday trade. This morning in Europe,...
Read MoreIt’s been a spectacular 2025 for precious metals so far. Will it continue into H2? With fiat currencies losing credibility, the answer is a resounding YESIn quiet trading during a week foreshortened by US Independence Day, gold has held up well, while silver has been squeezed higher. In...
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