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…
When the situation looked grim for the silver price during early Friday trading, it turned around and closed near the day’s highs. This may have changed the dynamics, allowing the silver price to move even higher this week…
Are the gold and silver prices topping, or will they continue even higher? This is precisely what precious metals investors want to know, as a mystery buyer of gold seems to be pushing it up to new all-time highs…
With the silver price hitting a 2-year high, there continues to be very strong investment demand through European Silver ETFs. There looks to be another large inflow of silver into the European SSLN Silver ETF…
While demand for silver bullion continues to be very weak, the long-awaited Silver Breakout finally occurred. So what’s next? It was surprising to see how quickly the Silver price hit $27, but what happens when it reaches the next important level? IMPORTANT UPDATE: Due to visiting and assisting a very…