Something quite extraordinary took place in the gold market in the second quarter. While it’s true that the global contagion negatively impacted the economies throughout the world, what occurred in the gold market hasn’t happened before. In the following charts, we can see how gold emerged as the classic “SAFE HAVEN”…
How silver trades over the next week will set a significant trend for the next month. A close above the key level means silver continues to consolidate, and a close above could set up another move towards $30. Since silver reached $30 a few weeks ago, it has been consolidating,…
It seems as if what I have been warning about for years may be beginning to take place in the precious metals market. Due to the massive Fed and central bank monetary stimulus and liquidity, investors are now deeply concerned about the financial system and value of global currencies…
Many precious metals investors are still puzzled why it costs so much more to produce gold than silver. I continue to receive emails and comments from followers who ask the same question, “If there world only produces eight times more silver than gold in a year, than why is gold so much…
Something quite interesting took place in the silver market that hasn’t happened in 40 years. A key silver indicator that has remained in a normal range has smashed right through it over the past several months. This could signal that there is something seriously wrong with the financial markets…
There is one chart that should deeply concern most Americans and the U.S. Federal Government. While most analysts and economists are concerned about the rising U.S. Debt to GDP or the skyrocketing Public Debt, there is another indicator that is far more worrisome. Unfortunately, I haven’t seen one economist…