The long-awaiting day has finally arrived. After five long years, silver has finally reached its previous high of $21 set back in 2016. So, now that the silver price has reached and broken through the $21 level, what’s next for investors? Before I show the charts, let me clarify the…
An interesting dynamic is taking place in the precious metals bullion market. While the premiums for Gold Eagles have fallen back to near-normal levels since the global pandemic hit during mid-March, Silver Eagle premiums are still close to their highs. According to GoldChartsRUs.com, using Monex’s prices for Gold and Silver…
Get ready. The world is just beginning to learn about silver. With so very little physical bullion silver stocks in the world, when investors finally get “Precious Metals Religion,” who knows how crazy the price can go. This isn’t hype… just plain old fashion common sense, logic, and fundamentals. Silver…
Silver closed today right on an important KEY LEVEL. For the silver price to continue higher, it needs to break above this level. The last time silver reached this same price was back in early September 2019. And, if silver continues in a positive direction in early Asian trading, we…
Now that the silver price has broken through the important $18.50 level, will it reach $21 during this current rally? Silver was up 70 cents for the day (Monday). However, after Dallas, Fed President Kaplan announced today that the “Emergency Facilities” used to support the economy might be pulled back,…
Today, both silver and gold broke above important technical levels. The gold price hasn’t been this high since September 2011 when it peaked at $1,923 during that month. Silver finally pushed through the critical $18.50 level and closed at $19.16, according to prices on Stockcharts.com. First, let’s look at silver. …
In the newest precious metals update, Tom Cloud discusses the platinum market, U.S. Dollar troubles, and is your money safe in banks. Tom says that more individuals and companies are moving some of their cash out of banks and into physical metals than he as ever seen before. Americans are…