November 11, 2012
With the US elections over and maintaining the status quo for the most part, are we back to square one, or can we expect reverse motion away from the fiscal cliff? The markets didn't think so last week, with gold closing up at $1,738 and silver at $32.16. As indicated last week by astute analysts, the election was a...
November 4, 2012
With the presidential election just a few days away, the latest jobs report showed that more jobs than expected entered the economy in October, pushing gold to close at $1685. But even with this drop, the yellow metal continues to average unprecedented highs. Silver, however, is looking like a steal, with global markets bullish on the white metal. Superstorm...
Though it may look like the chasm between Barack Obama and Mitt Romney is extremely large, the chances of the markets (including that for gold and silver) making major, lasting shifts in any direction based on the victor are slim.
October 28, 2012
Following gold's slip last week, this week saw a round of bargain hunting. Gold traded near highs of $1,730, ending the week at $1,716. Silver held in a lateral position with platinum taking a beating as South African mining strikes resulted in massive layoffs and mine closures. US job reports leave many unimpressed, and the country’s presidential elections seem...
October 21, 2012
Despite continued turbulence in the EU and South Africa, and continued money printing worldwide, gold and silver consolidated last week. But how long can that last?
October 14, 2012
After a week of lateral movements, precious metals closed firm on Friday, with most indices dropping on the week surrounding concerns of a Spanish bailout.
October 7, 2012
Fueled by continued chatter surrounding the indefinite duration of QE3 and the nearing "fiscal cliff", gold reached fresh 2012 highs last week, nearly hitting $1,800 before settling at $1,784. All metals were up for the week, and we continue to see calls across the board for precious metals to continue their upward trends.
September 24, 2012
On the heels of the Fed's announcement of QE3, Morgan Stanley is already predicting a fresh round of quantitative easing to be thrust on top of the $40 billion to enter the economy each month. What does it mean for your investments? And for gold and silver?
September 20, 2012
Speaking to CNBC's Larry Kudlow, Jim Rogers sees the latest upswing of the stock market as a charade, saying, "It's going to end terribly."
September 19, 2012
The third round of quantitative easing will do little but weaken the U.S. dollar, claims Ed Moya. The upside, he says, are in hard assets like gold and oil.