Commodities
Starting A Buillion Portfolio: Rounds, Coins, And Bars
Right at the start of the coronavirus pandemic in the US, many investors jumped ship from the stock market and swam to physical ownership of precious metals. Therefore, since March 2020, the gold spot price climbed past $1700 when it was only about $1560 at the very end of February. Today, silver, platinum, and palladium are all on the […]
9 Gold Stocks To Stave Off Coronavirus-Induced Volatility
There’s no quarantining gold fever [Editor’s note: “9 Gold Stocks to Stave Off Coronavirus-Induced Volatility” is regularly updated to include the most relevant information available.] As the Bureau of Labor Statistics recently revealed, a shocking 20.5 million Americans have lost their jobs, translating to a depression-level 14.7% unemployment rate. Therefore, the idea of a quick, V-shaped […]
Chaos In The Oil Markets Explained
Whitney Tilson’s email to investors discussing his colleague Berna Barshay on the chaos in the oil markets. The Chaos In The Oil Market After more than 25 years since my first day on the trading floor, it’s not often that I see something that I’ve never seen before – and never thought I’d see! But yesterday was […]
Is Now The Opportune Time To Buy Silver?
Just 9 short days ago your friendly Gold Enthusiast advised that he’s waiting for signs of an uptrend before buying into silver. Just exactly what that means might be up for debate; usually, an uptrend requires starting from a decent base with relatively low volume, and from there a rise in both price and volume. Are […]
Gold Price Outlook For 2020: Continuation Of The Bull Market
Last year was a strong year for gold price as concerns about economic strength permeated the markets much of the year. It looks like the gold price outlook for 2020 calls for more of the same — despite signs of economic strength. Other factors like central bank buying and global debt are expected to drive prices for […]
What Silver (SLV) Needs Most
Now that the impact of the US-Iran situation is apparently absorbed by the financial community, we can look at its effects on silver and see if they tell us anything. And they sure do. Here’s a very simple 3-month chart of SLV, the unleveraged US silver ETF that trades on US markets. If we look at the relationship […]
Silver Prices Pop After Recent Fed Statement
After last week’s outstanding employment figures, investors expected a fairly dull FOMC release yesterday. After all, what more is there to say other than “gee, things seem to be going well, so we’re going to wait for a while before we do anything.” And that’s what we got. The FOMC statement said current monetary policy is […]
Trading War For Money, For The Moment
Seven or eight years ago, I gave a speech in L.A. for a friend of mine, Chris Cordoba. Afterwards, we went out to dinner with some of his friends. They asked economic questions, and eventually the conversation turned to concerns about hotspots around the world. I had one big worry… the relationship between China and […]
Oilmageddon And The Global Economy
I grew up on the Gulf Coast, beginning in Florida, then over to Texas, then part way back to Louisiana. We weren’t testing beaches, we were following boats. My stepfather joined our family when I was quite young, essentially becoming my parent. He took a job on a shrimp boat in the Florida panhandle and […]
A Simple Way To Trade Silver
Is there a simple way to understand silver? Yes indeed, silver analysts – including your friendly Gold Enthusiast – do sometimes prattle on about this and that factor, and how the silver markets are paying attention to this right now, that a bit later. What if you just wanted a really simple way to trade silver? We’d […]
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