Gold and silver have climbed higher as expected. Both precious metals now look ready to make new multi-month highs.
Gold and silver have climbed higher as expected. Both precious metals now look ready to make new multi-month highs.
A number of key factors have fallen into place over the past couple of weeks. Unfortunately, together they increase the probabilities that the US dollar is headed toward hyperinflation.
It has taken a lot of patience, but the gold/silver ratio finally sliced through support at the 68-69 area. The ratio has clearly broken down, meaning that silver is now outperforming gold.
Markets always require vigilance and patience, but sometimes they demand even more. They sometimes require extraordinary patience. We are at one of those moments in time with regard to gold and silver. There is every reason to be bullish here about the prospects for both precious metals, both over the long-term and short-term. The purchasingRead more
This week Bill Murphy and Chris Powell, co-founders of the Gold Anti-Trust Action Committee (www.gata.org), will be in London, England. Their trip is part of GATA’s ongoing effort to raise awareness of the gold cartel and its surreptitious intervention in the gold market.
Gold may seem overvalued because of the recent record highs in its
Monetary and banking crises are a recurring event. Sometimes their impact is