More Recent Posts - Page 171

No Credibility? Yellen and the FOMC Threats of Rate Hikes

Once again, the financial press and gold trading markets are full of discussions about the FOMC and the issue of potential rate increases. However, both the tone and the substance of these discussions... Read More »

How Do Precious Metals Fare in an Election Year?

One of the supporters of a leading presidential candidate stated on a recent Sunday talk show, “You’ve got to understand, a lot of posturing takes place in an election year that isn’t supposed... Read More »

Price of Silver Weekly Recap: June 13 – June 17, 2016

The price of silver followed the trajectory of gold precisely this week, gaining strength on Wednesday and peaking on Thursday after the Federal Reserve announced its decision not to raise interest rates right... Read More »

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Price of Gold Weekly Recap: June 13 – June 17, 2016

The week opened on a high note for gold, around $1,285 per ounce, about $15 higher than its close last Friday. The upcoming Brexit vote on June 23rd supported the price of gold... Read More »

Price of Silver Weekly Recap: June 6 – June 10, 2016

After last week’s extremely poor U.S. jobs report, the price of silver rose to open the week around $16.40 per ounce. The jobs report fell short by its projection by a huge amount,... Read More »

Price of Gold Weekly Recap: June 6 – June 10, 2016

After last Friday’s dismal jobs report, it’s likely that the June rate hike is now off the table. For months, a June rate hike was extremely likely, since the economy seemed to be... Read More »