Gold recently attacked the $1,365 area, which has been key resistance, while $1,305 to $1,310 has been key support. If we go through $1,365, gold may target $1,480 to $1,525 on
Metals extended their stellar gains on Thursday, driving another rally in Bloomberg’s commodity index as investors continue to fret about how Russian sanctions will impact the market.
Late last month, China finally launched its much anticipated yuan-denominated oil futures contract. Many analysts think this is yet another sign that the mighty dollar's world dominance is coming to an end.
Jim Rickards called them "A-list of top-tier economists." Michael Boskin, John Cochrane, John Cogan, George Schultz and John Taylor are all senior fellows at the prestigious Hoover Institute. And they all agree on one thing.The US is going broke.
"As I look at the silver market these days, I see a potential volcano of bullish price action."
"If you can’t win a trade war, you can try winning a currency war instead…"
"Gold futures notched their highest finish in a week on Wednesday."
When you think about it, the journey of each individual currency note is pretty incredible.
Gold traded higher overnight in a range of $1342.35 - $1354, largely fading movement in the US dollar.
Max continues his interview with Craig Hemke of TFMetalsReport.com about JP Morgan’s massive silver horde.
The heavily-managed US Treasury yield curve just flattened further to 41.5 basis points. And TYVIX remains sedated.....
Treasury market volatility is back near record lows. That’s the way The Fed likes it. (Bloomberg) Volatility in the Treasuries market is subdued, according to Bank of America Merrill Lynch’s …
"Fund warns all economies look vulnerable as low interest rates lead to debt worth 225% of GDP."
"The ECB’s concern stems from the collapse of Lehman Brothers in 2008."
Oil prices rose after data showed U.S. crude stockpiles fell last week and as the market continued to worry about supply disruptions.
Lynette Zang explains how there's already been one currency devaluation with a gold revaluation two days later, and soon it will be America's turn. Here's why...
China overtook the U.S. as the main export market for Vietnam last year, underscoring how the world’s No. 2 economy is growing its influence in the region.
"Adjusted wages of the bottom 95% have stagnated for decades."
"Our bullish gold call centers on the belief that precious metal markets are still underpricing the full potential for inflation to pick up this year."
In 2016, 5 Silver quarters have a melt value of about $15.00