With most of the world on lockdown, financial markets crashing, the economy imploding and serious social consequences on the horizon, it is no surprise that the unprecedented crisis unleashed by COVID-19 is having serious effects on precious metals. While gold and silver futures ride their roller coaster in the paper-traded futures markets, the rea...
Commitment of Traders Report (the COT Report) on gold and silver futures trading is a weekly report released on a Friday for data at end of trading day the previous Tuesday by cftc.gov for trading positions, long & short, at COMEX (a subsidiary of CME Group). Within minutes of release other interested parties aggregate and publish the data. I l...
[ARTICLE WRITTEN BY Steve St. Angelo OF THE SRSrocco Report] According to newly uncovered information in the gold market, it provides additional evidence of why the Fed, Central Banks and the IMF were forced to RIG the gold market. Actually, looking at this new information, I had no idea of the amount of Fed, Central Bank and IMF gold market inter...
With silver prices fluctuating greatly up and down over the past few years, it can be hard to remember for some investors, especially those who are relatively new to the market, that we've "been here before" and "done that." Many silver pundits want buyers to believe that now is the time to buy silver, with some claiming that we may never see price...
What is the gold to silver ratio? It is the ratio between the price of gold and silver achieved by dividing the price of gold by the price of silver. This ratio is often used as an indicator for determining the better metal to invest in. Let's take a look at the current numbers. Gold is at approximately $1,194.80, and the price of silver is at $15...
Gold bullion has long been an investment that people use to hedge against inflation. Investors pile up on the metal in the case that paper money devalues to maintain their financial position. This is a very viable and respected standpoint, but some people feel that gold can also do well in a deflationary market. BMO Capital Markets' Jessica Fung be...
is that after 85 years of Keynesian Economics introduced by FDR & his crony stooges (Harry Hopkins: "We will spend and spend, tax and tax, elect and elect.") the system is now so severely distorted it functions about as well as an old crack ho. The wild moves lately in oil & stawks are signals that the end is getting closer. America once ha...
Gold bullion is becoming a safe-haven investment for irate investors. The current performance of the stock market is causing investors to flock to other investments, one being gold. For the past few years, the price of gold has fell to as low as $1,050.72 from its all-time high of over $1,900 in 2011. After years of grief for precious metal i...
Market Selloff and Precious Metals Technicals There was nothing but a sea of red yesterday on Wall Street. At one time during the trading session, the Dow fell around 550 points. The S&P 500 followed suit approaching a key psychological level of 1,800, only later to recover during a mid-afternoon rally to close down 22 points at 1,859.33. WTI O...
