The notion that huge Chinese gold demand is driving the price may have some merit after all. According to GoldChartsRus.com, there was a massive $1 billion worth of gold moved into one of the Chinese Gold ETFs just yesterday. Here is the most recent Gold Depositories update as of May…
After the Silver price broke out above the Daily Falling Wedge today, what’s next? That’s a good question. That’s why I wanted to provide a quick update on what the technical charts show for Silver in the short term. Interestingly, the charts show both a Bullish & Bearish short-term setup…
If you are a Central bank, you are buying Gold, not Bitcoin. Central banks have purchased a record amount of Gold over the past two years, and this trend continues in 2024. Central banks rely upon the stable, less volatile 2,500-year history of the king monetary metal over the highly speculative Bitcoin…
You would be surprised how much we can learn from U.S. shale gas fields that peaked years ago. By taking this information and correlating it to the total U.S. Shale Gas Supply, we can provide a pretty good estimate of when peak production will occur…
Costs continue to increase at the world’s two largest gold mining companies. Newmont and Barrick both reported higher costs for the first quarter of 2024. Also, what is the “Real” reason for the underperformance of gold mining stocks versus gold prices…