Technical Analyst Clive Maund explains why he believes a rally in precious metals, specifically gold and silver, may be imminent. The PM sector did exactly as predicted in the article WHEN THE RUBBER HITS THE ROAD - THE SCORCHING PM SECTOR RALLY AHEAD posted on the site about a week ago, with breakouts by metals and stocks last week from Flag / Pennant consolidation patterns into powerful uplegs....Read More
Over the last 125 years, the silver charthas formed two remarkable, similar patterns. The chart below shows a yearlysilver chart (only closing values): It is amazing how the 49-year pattern from1919 to 1968 has a similar form to the one that started circa 1980....Read More
LONDON, 21 May 2024 - Analysis from BullionVault features today in a report on the surging price of copper and silver as industrial metals published by global internet portal MSN."What coal was to the Industrial Revolution, and crude oil to the 20th Century, copper and silver are to today's boom industries of green tech, artificial intelligence and the defense sectors," the article quotes Adrian A...Read More
Over the last 125 years, the silver charthas formed two remarkable, similar patterns. The chart below shows a yearlysilver chart (only closing values): It is amazing how the 49-year pattern from1919 to 1968 has a similar form to the one that started circa 1980....Read More
Over the last 125 years, the silver charthas formed two remarkable, similar patterns. The chart below shows a yearlysilver chart (only closing values): It is amazing how the 49-year pattern from1919 to 1968 has a similar form to the one that started circa 1980....Read More
Over the last 125 years, the silver charthas formed two remarkable, similar patterns. The chart below shows a yearlysilver chart (only closing values): It is amazing how the 49-year pattern from1919 to 1968 has a similar form to the one that started circa 1980....Read More
Over the last 125 years, the silver charthas formed two remarkable, similar patterns. The chart below shows a yearlysilver chart (only closing values): It is amazing how the 49-year pattern from1919 to 1968 has a similar form to the one that started circa 1980....Read More
If you're under the age of about 60, you've never experienced stagflation. Back in the '70s, everyone experienced what happened and people spoke openly about it. The term itself "stagflation" was a shorthand term to describe what was clearly and painfully a broad, national economic unwind.Throughout the decade, the rate of inflation crept up and people saw it in daily life. Food became more ex...Read More
Could we see $27,000 gold?That seems far-fetched but financial analyst and investment banker Jim Rickards makes the case that it could happen.Gold charted a big rally in recent months, hitting a new all-time high of over $2,400 an ounce last month. Even with the higher prices, gold demand has remained robust. Central banks globally are adding gold to their reserves, as have investors, particularly...Read More
The major gold minersjust wrapped up another quarterly earnings season, reporting greatresults. Sector unit profits continuedblasting higher on stable production, lower mining costs, and record prevailinggold prices. Yet individually plenty ofmajors still struggled with rising expenses or lower output. So deploying capital in miners to leveragegold’s remarkable breakout req...Read More
Over the last couple of months, gold has scaled record highs, peaking at over $2,430 an ounce before correcting and settling in the $2,300 range. That's a healthy gain. But you could argue that gold remains significantly underpriced given the inflation we've experienced that continues to rapidly devalue the dollar.That leaves many people wondering when gold is really going to break out. It's impos...Read More
Could we see $27,000 gold?That seems far-fetched but financial analyst and investment banker Jim Rickards makes the case that it could happen.Gold charted a big rally in recent months, hitting a new all-time high of over $2,400 an ounce last month. Even with the higher prices, gold demand has remained robust. Central banks globally are adding gold to their reserves, as have investors, particularly...Read More
The major gold minersjust wrapped up another quarterly earnings season, reporting greatresults. Sector unit profits continuedblasting higher on stable production, lower mining costs, and record prevailinggold prices. Yet individually plenty ofmajors still struggled with rising expenses or lower output. So deploying capital in miners to leveragegold’s remarkable breakout req...Read More
Over the last couple of months, gold has scaled record highs, peaking at over $2,430 an ounce before correcting and settling in the $2,300 range. That's a healthy gain. But you could argue that gold remains significantly underpriced given the inflation we've experienced that continues to rapidly devalue the dollar.That leaves many people wondering when gold is really going to break out. It's impos...Read More
Could we see $27,000 gold?That seems far-fetched but financial analyst and investment banker Jim Rickards makes the case that it could happen.Gold charted a big rally in recent months, hitting a new all-time high of over $2,400 an ounce last month. Even with the higher prices, gold demand has remained robust. Central banks globally are adding gold to their reserves, as have investors, particularly...Read More
The major gold minersjust wrapped up another quarterly earnings season, reporting greatresults. Sector unit profits continuedblasting higher on stable production, lower mining costs, and record prevailinggold prices. Yet individually plenty ofmajors still struggled with rising expenses or lower output. So deploying capital in miners to leveragegold’s remarkable breakout req...Read More
Over the last couple of months, gold has scaled record highs, peaking at over $2,430 an ounce before correcting and settling in the $2,300 range. That's a healthy gain. But you could argue that gold remains significantly underpriced given the inflation we've experienced that continues to rapidly devalue the dollar.That leaves many people wondering when gold is really going to break out. It's impos...Read More
Could we see $27,000 gold?That seems far-fetched but financial analyst and investment banker Jim Rickards makes the case that it could happen.Gold charted a big rally in recent months, hitting a new all-time high of over $2,400 an ounce last month. Even with the higher prices, gold demand has remained robust. Central banks globally are adding gold to their reserves, as have investors, particularly...Read More
The major gold minersjust wrapped up another quarterly earnings season, reporting greatresults. Sector unit profits continuedblasting higher on stable production, lower mining costs, and record prevailinggold prices. Yet individually plenty ofmajors still struggled with rising expenses or lower output. So deploying capital in miners to leveragegold’s remarkable breakout req...Read More
Over the last couple of months, gold has scaled record highs, peaking at over $2,430 an ounce before correcting and settling in the $2,300 range. That's a healthy gain. But you could argue that gold remains significantly underpriced given the inflation we've experienced that continues to rapidly devalue the dollar.That leaves many people wondering when gold is really going to break out. It's impos...Read More