President Barack Obama said Federal Reserve Chairman Ben S. Bernanke has stayed in his post “longer than he wanted,” one of the clearest signals the central bank chief will leave when his current term expires next year. “Ben Bernanke’s done an outstanding job,” Obama said in an interview with Charlie Rose that aired yesterday on… Continue Reading »
Here are some headline news stories regarding the Federal Reserve’s FOMC meeting this week. The effect on gold and silver prices could be devastating, however, there is an expectation that the Fed will not start tapering QE just yet. If Ben Bernanke comes out at says they will be cutting back, this will send gold and… Continue Reading »
In June 2013, while silver is trading at $21.78, Eric Sprott makes a price prediction calling for “new highs” in gold and silver by 2014. Mr. Sprott also discusses topics such as a possible interest rate rise, Western bank bail-ins, the recent April price crash, the physical supply silver shortage that is upon us and… Continue Reading »
Sinclair states that gold will trade to $4,990 in the coming bull run prior to settling into a role as currency for the beginning of the greatest economic expansion in history. Sinclair states that the coming volatility in gold (& silver) will be unprecedented, with $1500 swings in the price of gold prior to full… Continue Reading »
Peter Schiff has recently made a price forecast for gold prices in 2015. Listen to the video below to hear what he has to say!
When will the silver price reach $100? With the recent price crash, it is extremely difficult to even imagine silver at $100, however, the national debt to silver ratio begs to differ. This video was produced back in November 2012, however the data is still relevant today. Please leave a comment down below and let us know… Continue Reading »
Here are the most recent gold and silver price updates for the day including fundamental and technical analysis. We will start with the technicals. Gold Triangle Signals Price Drop to $1,250 Gold is set to drop to the lowest level since 2010 after forming a symmetrical triangle, according to technical analysis by Bank of America… Continue Reading »
China is on the rise and America is on the decline. Here are ten ways in which China is beating America. When you total up all imports and exports of goods, China is now the number one trading nation on the entire planet. During 2012, we sold about 110 billion dollars worth of stuff to… Continue Reading »
Gold and silver have caught a bounce today as bullish hourly momentum gives gold a positive tone. A bullish divergence emerges when gold prices hit a new low in overnight action, but momentum (the nine-period relative strength index) hit a higher low. It often presages a counter-trend bounce. Very short-term, gold bulls face strong nearby resistance… Continue Reading »
The Asian markets are closed until Wednesday and many people are speculating that the crash will continue throughout the week. In the video posted below, the possibility of a bounce in prices is discussed. Please leave a comment down below with your opinion on what we will see during the short term and long term.
