The last two weeks have been dominated by concerns over the ongoing trade wars between the United States and China. While an increase in tariffs from 10% to 25% on $200 billion of Chinese products entering the US was announced by President Trump last Friday (May 10). It seems to […]
Silver fell by $0.19 cents or 1.3% to close at $14.79 as of the final trade on the New York COMEX on Friday afternoon. Amidst gold’s 0.5% gain, the gold to silver ratio rose by 1.8% to 87.0 ounces of silver required to purchase one ounce of gold by the […]
Regular readers will know that we primarily focus on gold and silver here in these columns. The reason for this is that gold and silver are historically the dual monetary metals, with thousands of years of history of use as money since the dawn of civilization. No other commodities have […]
The Fed Reserve appears to be on the edge of a credibility problem: the market does not believe the central bank’s official forecast for interest rate policy. For reference, the current Fed-controlled short-term interest rate is set at a range between 2.25% – 2.50%. Below we show the Fed “Dot […]
Gold Breaks Support – Silver Holds On the heels of an advancing US dollar and a stock market which is challenging all-time highs, gold fell $19 or 1.5% this week. Broke the “neckline” support level at $1,283 (black) of the head & shoulders pattern (blue callouts) in the expectation we […]
