The prices of the metals barely moved this week. Readers have been asking if there has been any signs of a turn in the market, especially for silver. Something may be happening. Read on… First, here is the graph of the metals’ prices. The Prices of Gold and Silver We are interested in the changing […]
The gold and silver prices dropped $23 and $0.13, respectively. A 100oz gold future is now worth $2300 less than it was at the close a week ago on Friday. This is a loss of 1.8%. That’s not that bad, but the difficulty comes from the fact that one can buy them using leverage. Assuming […]
We have been bearish on silver in terms of its price measured in objective money—gold—for a long time. We have also expressed bearish opinions on silver as measured in terms of the US dollar. The current trend began on April 26, 2011. This was when the speculative silver bubble burst. On Monday April 25, the […]
The dollar prices of the metals diverged this week. The gold price closed the week up $16, but the silver price dropped 43 cents. To see the picture of the supply and demand fundamentals, read on… First, here is the graph of the metals’ prices. The Prices of Gold and Silver We are interested in […]
The dollar prices of the metals fell this week. Gold closed last Friday trading at $1307 but closed this week at $1293. Silver was $20.70 last week and is now $20.31. Ron Paul said this week that gold could go to infinity. Keith’s commentary on this is published on Forbes. To see the picture of […]
