Latest News and Articles
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Gold Market Report – May 15, 2024
Overnight: Gold was a little choppy last night, awaiting today’s key US CPI and Retail Sales readings. It traded in a range of $2355 – $2374, largely fading movement in the US Dollar. The yellow metal advanced to its $2374 high during Asian and early European time, where it was capped by resistance there ($2373-79,…
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BANK FAILURE! Here’s What’s Happening & What Shockwaves May Result
What a difference a week makes… Last week the market technicals were starting to look like the bulls had won out. But this week, trouble in the banking system, most notably the failure of Silicon Valley Bank (the 2nd largest bank failure in US history), has created a bearish marker reversal. So how meaningful is…
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BANK FAILURE! Here’s What’s Happening & What Shockwaves May Result
What a difference a week makes… Last week the market technicals were starting to look like the bulls had won out. But this week, trouble in the banking system, most notably the failure of Silicon Valley Bank (the 2nd largest bank failure in US history), has created a bearish marker reversal. So how meaningful is…
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Gold in 2022: Amidst the Tumult, Gold Remains Buoyant
War! Inflation! Rate hikes! Crashing cryptos! Sinking stock markets! A soaring U.S. dollar and hints of recession all highlighted a tumultuous 2022. Despite several headwinds and confusion over gold’s weakness in the face of high inflation, the price ended the year basically flat. Our quarterly report examines the performance of precious metals and other major…
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Jeff Clark: Which Luxury Items Priced in Silver Will Get Cheaper in 2023?
Something fun to think about as you break for the holidays… Ever thought about what you might buy with your proceeds from silver? It’s too early to do that now, and we’ll have to briefly swap for currency to do it, but if we’re right about where the silver price is headed—and simultaneously where the…
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Jeff Clark: 22 Things About 2022 That Hint About 2023 for Silver and Gold
What can we expect from gold and silver in 2023? Part of effectively answering that question is to look at the context of what took place this year. Nothing happens in a vacuum, after all. With that in mind, see if this review of 22 things that happened with gold and silver in 2022 helps…
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Jeff Clark: This Factor for Silver is Suddenly in Play
Most analysts will tell you that the balance between supply and demand isn’t really a factor that drives the silver price. Historically that’s true—it’s usually investment demand, or lack thereof, that has the biggest impact on price. But suddenly here in late 2022 we are departing from historical norms… There is a widening gap between…