Unlike gold, after hitting a 30-year high in April of last year, silver prices dropped 45% to $26.25 in June. And today, the shiny metal presents a prime opportunity to ride its next run-up for major gains.
Jeff Clark writes: A big move in gold is coming...
After gold peaked just above $1,900 per ounce in August 2011, it took a well-deserved break. But now, after spending an entire year on hiatus, the bull is back.
Despite ongoing pressure from the United States for China to join its sanctions against Iran due to concerns over the Islamic country’s nuclear program, an Iranian diplomat recently revealed that new energy trades between Iran and China will be settled in China’s official currency the yuan.
Should both Gold & Silver Bulls & Bears take a long winter sleep? Maybe When we look at Silver prices from 1985 to today (Green line in the chart below) and compare the evolution to the one from 1967 to 1974 (black line in the chart below), we ...
The following chart shows the performance of mining stocks (XAU) versus the broader stock market (S&P 500). This comparison is useful in identifying periods when mining stocks are oversold or overbought versus the stock market as a whole.
The last time I called an important bottom in the precious metals sector was on December 29, 2011 (). Well, it's time for another important bottom. I believe the late December lows in the precious metals (PM) sector were THE lows for the metals, for th...
Ouch, that hurts. I could see a negative move in the works but I don’t think anyone expected a plunge like this past week. Friday upside move was very unimpressive so, although we might get a bounce here, the downside still looks like the direction ahead.
Larry D. Spears writes: While many investors have been distracted by the goings on in Europe, China has been making a dent in the global gold market by making it easier for investors to buy and invest in the yellow metal.
