The price of gold dropped another $5 to $1,229, but the price of silver bounced back over 60 cents to $17.34. What gives? How could this be? The conventional wisdom is that silver does whatever gold does, only more. Here is a graph of the open interest in the futures markets for both metals. As […]
The price of gold dropped about $50, and the price of silver fell about 50 cents. Is this just random market jitter, or the great breakdown? Wait. Great breakdown? Yes, many respected mainstream names think gold should be at most a few hundred dollars, especially given the collapse in the other commodities. Some non-mainstream names […]
There was some big price news this week. We gold thinkers say that the dollar jumped over ½ mg gold, and 100mg silver on Thursday. Harry Potter’s muggles would say gold fell to $1257 and silver to $16.94 before gold bounced back to nearly unchanged and silver bounced much less. All can agree that the […]
We have consistently been making the contrarian call for a falling silver price and a rising gold to silver ratio for years. This leads to the logical question. Are we ready to change our call yet? This being the start of a new year, we wanted to take the opportunity to look at this question […]
The price of gold jumped a little from Friday to Tuesday (Monday was a holiday in the US) and then went sideways. The price of silver continued to rise through Thursday, up about half a buck. This means that the ratio of gold to silver fell substantially this week. As everyone knows, a falling ratio […]
The dollar is absolutely on a tear! It fell over a milligram, from 25.43 to 24.29mg. In silver terms, it fell even more dramatically, from 1.89 to 1.75g. ‘Course, most people still prefer to see this as a rising gold price—from $1,223 to $1,280 or $57—and a rising silver price—from $16.47 to $17.77 or $1.30. […]
The price of gold ripped $35, and silver 75 cents. Some are beginning to say that this is the long-awaited breakout. Technical charts are perking up. Hope is growing faster than the prices. Is this it? Read on, for a picture of the supply and fundamentals… First, here is the graph of the metals’ prices. […]
This was another short week. The prices of the metals dropped, gold a little and silver a little more. Silver, once again, exchanges for dollars with a 15 handle. For an updated picture of the fundamentals read on… First, here is the graph of the metals’ prices. The Prices of Gold and Silver We are […]
The prices of both gold and silver (as measured in dollars) fell on Monday and rose on Friday, basically unchanged on the week. Not only was there little change, and not only was it a shortened holiday week, but it was a light week in terms of trading volumes. We would be inclined to discount […]
The price of gold measured in dollars fell 27 bucks and the price of silver fell about a buck. Or, as we see things, the dollar rose more than half a milligram of gold or 100mg of silver. For a picture of the supply and demand fundamentals. Read on… First, here is the graph of […]
