Precious Metals

After starting off the morning on a sour note, precious metals have taken an upswing back to where the latter end of this week seems to be pointing: there is indeed some optimism for both gold and silver. There may even be optimism extending beyond that, even throug
First published on Sat Jul 15 for members of  While I would love to suggest that we have begun the next larger degree rally already, the market has not provided me with strong indications that is going to be the case just yet.  While
First published on Sat July 8 for members of  As I see many metals investors and traders begin to throw in the towel, I wanted to take this opportunity to again explain why I will not count myself amongst them just yet.  However
The price of precious metals has been relatively stable for the opening half of 2017, but it appears that the markets are slated to bring gold and silver down to size, at least as we open the second half of the year. This morning, gold is already down a considerable
Recent news for precious metals has been bearish. Not only are gold and silver struggling to maintain the gains they established early on in the year—and slipping while they do so—but the stock market in recent months has continued to stay at the high levels that cr
We’re near the end of June, which conveniently ends on a day of trading tomorrow—Friday the 30th. What has the month meant for the price of silver? Let’s look at some of the headlines from the precious metal throughout the month to get a context for the current silv
With the month almost over, we can now zoom out and get a sense of where the precious metal’s trend has gone over a thirty-day period that included a Federal Reserve rate hike announcement. As one might expect, the price of silver declined overall for the month, tho
In early May, the price of silver bottomed out in the lower $16 per troy ounce range, ultimately gaining traction throughout the month to zoom up to a recent high near $18 per troy ounce in early June. Since then, silver’s decline has been consistent and speedy, moving
First published on Sat Jun 17 for members of  Now that we have moved beyond the Fed-event, many have become quite bearish the metals once again.  Many are again expecting the December 2016 lows to be tested, with just as many thinkin
Yesterday’s session was not like the previous ones – in the previous days, the precious metals sector moved lower together and mining stocks were leading the way. Yesterday, gold and silver declined, but miners were barely affected. Does this strength indicate a likely