Category: Weekly Forecast

Gold and Silver Outlook for August 24-28

Bar of Silver

The recent news from China regarding the low manufacturing PMI, which reached 47.1 the lowest since 2009, has brought down the U.S. stock market. And even the minutes of the FOMC seem to have lowered a bit the odds of…

Financial Market Preview for August 24-28

Big Bull

The ongoing concerns over China’s economic growth has dragged down the U.S. stock markets and energy prices have also declined. The minutes of the last FOMC meeting didn’t offer a lot of insight either than keeping the markets guessing on…

Gold and Silver Outlook for August 17-21

Gold bullion barr on a stocks and shares chart

The Chinese move to devalue its currency was a step in the right direction for China’s economy. But for now there are no expectations for any additional sharp changes in the value of the yuan. The bullion market seems to…

Financial Market Preview for August 17-21

Big Bull

The recent decision of China to allow its currency to slightly devalue has caused a sharp rise in volatility mainly in the foreign exchange market. Now that the talks of additional devaluation has subsided, the focus in the financial markets…

Gold and Silver Outlook for August 10-14

golden bar

The NFP report came close, but still a bit short, of market estimates. This report, however, didn’t provide any clarification about the Fed’s rate hike timing, if at all, any more than the FOMC meeting did in the preceding week.…

Financial Market Preview for August 10-14

3d blue background with stock diagram

The NFP report didn’t turn out to get a strong market reaction considering it came very close to market expectations with a gain of 215K. But another fair report is still another chip for the Fed to consider raising rates…

Gold and Silver Outlook for August 3-7

Gold bars on dollars

Never a dull moment for bullion investors in the past months: Last week, bullion prices bounced back, even though other major commodities mainly in the energy sector kept coming down. The rally came when the FOMC, wait for it, didn’t…

Financial Market Preview for August 3-7

Hundred dollar bills

The FOMC, as usual, didn’t make any major changes to its policy and didn’t offer any big headlines. But this was interrupted by the markets that there won’t be a September rate hike. Also, the U.S. GDP for Q2 came…