Gold Silver Reports – Gold traders are still bullish on gold, even after a selloff brought on by expectations of faster U.S. rates increases following the release of Federal Reserve minutes this week.
Gold Silver Reports – Gold traders are still bullish on gold, even after a selloff brought on by expectations of faster U.S. rates increases following the release of Federal Reserve minutes this week.
Gold Silver Reports — Billionaire George Soros prepared last quarter for gloomy times, dialing back his U.S. stock investments by more than a third, betting against the equities while banking on gold.
Gold Silver Reports — The world’s mines and steel plants got so devalued during the commodity slump that some were just given away by owners struggling to cut losses or debt. But there’s at least one metal that’s been attracting a lot of attention.
Niobium — named for a Greek goddess who became a symbol of the tragic mourning mother — is used to produce stronger, lighter steel for industrial pipes and aircraft parts. It is mined in only three places on Earth, and the price of every kilogram is seven times higher than copper.
Gold Silver Reports — Gold advanced as holdings in exchange-traded funds backed by the metal climbed for a 14th straight day, reaching the highest in more than two years.
Gold Silver Reports — Gold has rallied 20 percent in 2016 as investors sought a haven from equity turmoil at the start of the year and the Federal Reserve dialed back expectations for U.S. interest-rate increases.
Gold Silver Reports – Gold looks like it could continue lower this week & holding below 1263/62 targets first support at 1255 but longs look risky. A bounce from here cannot be ruled out initially, but further losses towards trend line support at 1251/50 would not surprise.
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Gold Silver Reports — Silver is now up 25% year to date, versus gold at 18%. Think the momentum could carry silver as high as $20/oz in the near term.
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