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Gold Price Outlook For 2020: Continuation Of The Bull Market

| January 31, 2020 | 0 Comments
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 […]

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What Silver (SLV) Needs Most

| January 15, 2020 | 0 Comments
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 […]

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Silver Prices Pop After Recent Fed Statement

| December 13, 2019 | 0 Comments
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 […]

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Trading War For Money, For The Moment

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 […]

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Oilmageddon And The Global Economy

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 […]

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A Simple Way To Trade Silver

| October 11, 2019 | 0 Comments
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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Gold Soars On The Saudi Oil Attacks: Can It Last?

| September 18, 2019 | 0 Comments
Gold Soars On The Saudi Oil Attacks: Can It Last?

Over the weekend, there was a drone attack against the world’s largest oil processing facility and a major oilfield in Saudi Arabia. Oil prices have predictably spiked, but how will this geopolitical shock affect the gold market in the days ahead? What Happened? On Saturday, the drone bombings struck the Abqaiq oil-processing plant and the Khurais oil […]

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Will Silver Continue To Rise? [What To Watch]

| August 9, 2019 | 0 Comments
Will Silver Continue To Rise? [What To Watch]

Silver exploded on Wednesday, with the benchmark SLV ETF opening 3.1% higher than the Tuesday close. It then peaked at 16.15 before falling back slightly to close at 15.97. The gap up on the chart is quite remarkable. The question now is: Can silver continue this run?  In premarket trading today SLV is off slightly, […]

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Is Gold Destined For Summer Doldrums In 2019?

| July 12, 2019 | 0 Comments
Is Gold Destined For Summer Doldrums In 2019?

Every summer, gold traders tremble in fear of “the summer doldrums”.  Newcomers to the gold scene might be asking whether the summer doldrums are a real thing?  While old-timers might ask: “Does it look like we’ll get those this year?” Here’s a 1-year chart of GLD – guess for yourself on each question, then your […]

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Gold Prices May Reach $1,500 By This Time Next Year

| June 21, 2019 | 0 Comments
Gold Prices May Reach $1,500 By This Time Next Year

Ever-climbing stock prices have kept a lid on gold prices for most of this year, but that could be about to change. Fund managers from Incrementum believe we have entered the early stages of a new bull market for gold, although they don’t expect an easy path upward. In their annual “In Gold We Trust” report, Ronald-Peter […]

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