Technically speaking, gold and silver are still not out of the woods despite a few rallies and positive signals since their consolidation pattern began in Aug. 2020. Before addressing the charts, there are important news items and fundamental information that are...
Goldman Sachs predicts the coronavirus outbreak will shave 2% off global GDP growth in 1Q20, and that is after the IMF cut its growth forecast at the World Economic Forum in Davos before coronavirus headlines jammed the economic radar. An article published yesterday,...
Despite a treasure trove of public information and a prospectus fact sheet, some folks still promote false narratives about the GLD SPDR Gold Shares Trust manipulating the price of gold. The BIS is a favorite target with references made to swaps and futures trading. ...
Dear Reader, As many know, the synthetic markets settle commodities via futures contracts. Anything from lean hogs to wheat and gold are settled via contracts daily. The contract volumes are usually multiples higher than the underlying commodities themselves. Gold and...
With gold and silver at around $1,130 and $15.80, we had to get a precious metal expert on the line to discuss the recent price actions and market sentiment. Chris Marchese, of The Morgan Report, says that $1,050 for gold is very much a reality, but will likely be...