Gold And Silver: Soon The Start Of A Historic Rally?
Gold has just broken all its historical records, but we will certainly experience a consolidation phase before the real takeoff.
Read articleGold has just broken all its historical records, but we will certainly experience a consolidation phase before the real takeoff.
Read articleTwo of the world's largest silver mines, located in Mexico, closed their operations. Silver stocks on the Shanghai Future Exchange are falling. Andrew Maguire says that wholesale silver is not trading at the COMEX silver price or the LBMA fixing, but at a much higher price.
Read articleGold's resistance, which prevented any monthly close above $1,995, was breached, closing at $2,035 on Thursday 30 November. Taking advantage of the gold rally, the silver price broke through the oblique resistance that has held it up since its 2011 high.
Read articlePrecious metal prices, particularly silver, are closely linked to energy prices. Bank demand for gold looks set to be extremely strong in the final quarter of 2023, especially as the banking crisis is likely to spread internationally, as it did in 2008.
Read articleIn reality, therefore, the American economy has been falling since the end of the 1990s. Despite the apparent rise in the stock market, the Dow expressed in grams of gold has been falling since the low point of gold in 1999.
Read articleWhen the banking system is multiplying bankruptcies, the US Treasury is preparing to default on its debt, real estate prices are collapsing and emerging countries are abandoning exchanges in dollars, there is only precious metals to protect its capital. Gold and silver are at the very start of an hi...
Read articleThere is no longer any doubt: the dollar is on the verge of losing its status as an international trade currency across a large part of the globe. The BRICS want to return to a gold-backed currency. The revolution of 2023 will be as significant as that of 1789 in the overthrow of the established ord...
Read articleGet ready for a very big rise in gold in 2023. All the conditions are now in place, not to mention the energy crisis, the economic recession, the cracks in the bond market, the cryptocurrency crash and the growing geopolitical tensions.
Read articleBefore discussing the "imminent" revaluation of physical gold, let's retrace the monetary role of the gold metal in recent history.
Read articleThe equity market is very bearish, the bond market is in a critical situation and the sovereign debt is no longer a safe haven. Let's not talk about the housing market, which is hurt by rising mortgage rates. Nor cash, which is being devoured by inflation. What is left ? Gold and silver, of course!
Read articleWe are witnessing a major change on the geopolitical chessboard. Inflation is currency devaluation. Did you protect your wealth with enough physical gold and silver?
Read articleWhile overall LBMA inventories shrunk by 17.9% in recent months, we may wonder how much real physical silver is for sale in the London market.
Read articleInvestors who exited the stock markets early enough will have to re-invest their cash somewhere. However, the stocks are falling and so are the bonds. The safety is certainly to place them in the precious metals, whose charts and fundamentals are extremely reassuring.
Read articleIn case Russia wanted to truly extricate itself from the current "dollar reserve" world, it should unveil a gold-backed currency, one which is co-sponsored by the Chinese yuan, which would then also announce unveil it is becoming gold-backed.
Read articleEven if the price of silver were to increase tenfold, it would not be enough to bring it back to a normal price, given the monetary creation of recent years and the loss of purchasing power induced in the main currencies.
Read articleOur economic and political elites want the world to equip itself with "clean energy". This will involve a lot of upstream and downstream photovoltaics, changing a very large number of equipments and products that will have to adapt to new technologies. As a result, the industrial demand for silver w...
Read articleA month ago, coal and industrial metals were at their all-time highs. If inflation stays at this rate for 5 years, nothing of the purchasing power of money remains.
Read articleIf you look at the metal prices on the LME, the London metals market, they are at their all-time highs. Why ?
Read articleWhile silver is not immune to a final attack before the big hike, the conditions seem right for a take-off before the end of the month. This is all the more true, when we look at the crazy surge of aluminium (X2), sheet steel (X4), coal (X4) and commodities, which are experiencing a very violent inf...
Read articleAs sympathetic as the Wall Street Silver movement is and as effective as it is in drying up the retail supply chain, it is the Basel III rules that will revolutionize the silver wholesale market and the global demand for photovoltaics, which is going to push prices upward at the end of 2021 and more...
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