Three Reasons to Be Bullish on Silver Prices It’s very simple: if you are in the market to double your money, then paying attention to silver prices could be a great idea. You see, to assess where the gray precious metal could go, I look at three indicators:…
Silver has been one of the best-performing investments of the year, up a whopping 23.6% so far. Pay close attention to silver prices, dear reader. I believe the gray metal will continue to rise in price right through 2016. As the chart below of daily silver prices illustrates,…
Two Factors Suggesting Copper Prices Setting Up to Surge Copper prices are up roughly five percent since the beginning of the year. Don’t ignore the red metal. There could be major upside ahead in 2016 and beyond. When you are looking at copper prices, there are two factors…
This Could Send Gold Bullion Prices Soaring Keep your eyes on gold bullion prices. The launch of the SGE Gold Fix on April 19 may be the most significant event in the gold pits in the last 100 years. This is because lately, the worldwide price of gold…
What’s Next for Silver Prices? After years of trading at a discount, silver prices are finally rebounding. The hollowness of the stock market recovery is finally becoming apparent to investors, and their dawning comprehension could drive 420% gains in the silver price. It’s happened before. There is a…
Here's Why Gold Prices Will Skyrocket If you want to know where gold prices are headed, then pay attention to the buyers. Their actions suggest the yellow precious metal could soar in 2016. As it stands, there’s a buying frenzy in the gold market. Even those who said…
Too Late to Buy Gold Mining Stocks? This is our 90-day (three month) update on my longshot pick gold mining stock, Direxion Daily Jr Gold Miners Bull 3X ETF (NYSEArca:JNUG) which I first presented in January. How is the pick doing? Well, pretty good by general market yardsticks.…
Those still bearish on gold prices need to take the time to pause and reflect. That’s because the yellow metal could be setting up to reward investors big-time this year. Before going into details, please look at the daily gold price as depicted in the chart below. Pay…
After a record four consecutive years of declines, silver prices have rallied on the heels of a fragile U.S. economy and weak global economy. Having fallen more than 70% from their 2011 highs, silver prices are now up 17.6% since the beginning of 2016. And the economic data…
Weak Fundamentals for Copper Prices Copper prices are subdued at best compared to oil and gold, which have managed to hold on to their recent gains. Indeed, Brent oil futures exceeded $40.00 per barrel for the first time since last November. Rumors of a scheduled April 17 meeting…
This Could Reveal Where Gold Prices Are Going Next Are gold prices going to sink or swim, rise or flop from here? What if when market analysts of the future look back at this period, they conclude that the reason no one saw the big move coming...was that…
Silver Prices Best Performing Precious Metal Today Silver prices jumped on Monday on declines in the U.S. dollar and bets the Federal Reserve will be cautious when increasing interest rates. The silver price for May delivery gained 3.9% to $15.98 a troy ounce on the Comex division of…
Weaker USD, More Dovish Fed Boost Gold Prices Gold prices rose to the highest in nearly three weeks, boosted by a weaker U.S. dollar and more cautious Federal Reserve. The gold price for June delivery rose 1.3% to $1,259.40 at 11:40 a.m. on the Comex division of the…
Big Rally Coming for Gold Prices A trader is betting more than $2.0 million that gold prices could appreciate 10% in one month. The bet on SPDR Gold Trust (ETF) (NYSEARCA:GLD)—the exchange-traded fund (ETF) that tracks gold—was made on Thursday, when bullish trades outpaced bearish ones. CNBC reports…
Could the Gold Price Skyrocket? The gold price death spiral between 2011 and 2015 left a lot of analysts puzzled. Money poured out of precious metals and into stocks, driving gold prices into a deep slump. Now, an overhaul at the London Gold Fix could help reverse the…
Gold prices may not have moved much in March, but the 15.6% gain in the first three months of the year was the biggest quarterly gain in three decades. While gold futures may be down, there is more than enough global economic uncertainty and stock market volatility to…
Osama Bin Laden, the global instability maker, was a gold bug, documents have recently revealed. A few months before his 2011 death, the leader of the Al-Qaeda organization had predicted the gold price would double to $3,000 a troy ounce, which has not happened thus far. In 2010,…
Gold Prices Soaring After Fed Minutes Gold prices spiked on Thursday as investors speculated the Federal Reserve would be dovish on hiking interest-rates given global economic headwinds. The gold price for June delivery rose as much as 1.8% to $1,245 a troy ounce before trimming gains to $1,242.40…
Gold Prices Slipping After Fed Transcript Gold prices fell on Wednesday as equities strengthened following a recovery in oil prices, but price moves were stopped as investors eyed the minutes of the U.S. Federal Reserve's March policy meeting. The June gold price slid 0.5% to settle at $1,223.80…
Silver Prices Snaps Two-Day Decline The silver price appreciated more than one percent on Tuesday, snapping a two-day decline, as risk-averse traders hurried to buy safety-haven investments and sell risky assets like stocks amid a global stock-market selloff. The May silver price rose to as high as $15.22…
