Harry Dent says gold is in a bubble, and according to his analysis, warns that it could go back down to $700. If the gold price were to crash lower to $700, as Dent forecasts, then 50+% of the gold mining industry would have to shut down. Why? Because the…
While the gold and silver prices have broken out higher, precious metals investors are wondering if the rally will continue throughout the rest of the summer. Since the beginning of June, gold has gone up $250 while silver has increased $3. Gold is now trading above $1,500 for the first…
After six long years, the precious metals are finally setting up for BIG MOVES higher. Even though the gold price has increased significantly over the past two months, we haven’t seen anything yet. Of course, gold has already enjoyed big moves in other currencies such as the British Pound where…
The Precious metals rally as the carnage in the global markets moves into high gear. As forecasted, the gold and silver prices have disconnected from the broader markets, IN A BIG WAY TODAY. While the Dow Jones Index was down more than 500 points, the gold price surged $30 higher…
The gold and silver prices have held up remarkably well compared to the broader markets as they continue to sell off today. While the Dow Jones Index is down more than 250 points, gold and silver are just slightly lower. However, gold has traded in the green several times today….
A top shale producer in the Bakken lost nearly 40% of its value today as investors dumped a record number of shares. Whiting Petroleum’s stock was hammered due to miserable earnings, a huge drop in oil prices, and additional Chinese tariffs issued by the Trump Whitehouse. Whiting’s stock price fell…