Panic selling hit SP500 and silver is likely to be next
On Wednesday, the stock market bled out with a river of red candles. All of the recent gains vanished in one session. […]
On Wednesday, the stock market bled out with a river of red candles. All of the recent gains vanished in one session. […]
The run up in gold prices attracted investors to the gold and silver mining sector and for those investors looking for significant exposure, producers who do not forward sell their production provide the vehicle to take advantage of the improvement in gold prices.
The number of blogs, tweets, newspaper columns, RSS feeds, Facebook chats and business channel roundtables about where the value of gold, silver, the greenback and euro are headed could be compared to the U.S. government’s burgeoning debt burden.
What do tigers, fancy coffee drinks and an Egyptian god have in common? According to Eric Coffin, coeditor of the Hard Rock Analyst (HRA) family of publications, they all are individual opportunities in the larger area play he sees opening up in the Yukon.
I’ve been talking to subscribers this past week about the powerful move we’ve seen in US indices as of late and the recent pattern formed in the S&P which is a rarity. It’s the swiss steps pattern as shown below.
In my yearly forecast letter last year, “Looking Forward: A Year In Transition,” I expected the shape of 2010 to be up better than […]
Never mind the correction in the price of silver, says Silver Strategies Editor Sean Rakhimov; better things are ahead. "It may be volatile; it may be steep; but it should be short-lived," he says, adding that he expects silver to rise well above its 2010 high at some point in 2011. Some of that price support could come from governments entering the silver market. Find out all the reasons for this and read about some of Sean's favorite silver plays in this exclusive interview with The Gold Report.
The U.S. Dollar Index Futures have been sold heavily and interestingly enough, gold and silver have not rallied. In fact, gold and silver have sold off while the dollar experienced downward price action as well. How does that whole scenario make any sense?
Rare earth and lithium boosters beware. Ken Fisher, chairman and chief executive officer of Fisher Investments Inc., recommends Fiat since the company’s […]
The gold price didn't do a lot yesterday, pricewise. It gained five bucks by 11:00 a.m. Monday morning Hong Kong time...and stayed there until 3:00 p.m...before sliding into the New York open. A sharp rally commenced...that ran into equally sharp selling...with gold's low [$1,364.60 spot] coming at the London p.m. gold fix...which was 10:00 a.m. in New York...right on the button! From there, gold climbed to its high of the day, which was $1,377.30 spot, which came at the close of trading at 5:15 p.m. Eastern time. Not much to see here, but it was gold's first positive day of the new year.