Its was not a good year so far for bullion traders as the prices of both gold and silver didn’t do much or well during passing months. Last week gold price started off strong but soon changed direction, declined and…
Here is a short overview and an outlook for the upcoming week of April 9th to April 13th; this includes a short description of the main news items, public speeches, and events that may have affect precious metals prices during…
I have already posted about the near paradigm shift in precious metals market as gold price sharply rose above the price of Platinum. Let’s reexamine this case and see if there was any change in the relation between these two…
I have already examined in the past the relation between the U.S. Monetary base and the changes in gold price. As the U.S. Monetary base tends to expand, the price of gold tends to increase as well. Let examine the…
Bernanke gave a speech today titled: “Recent Developments in the Labor Market”; he referred to the current situation in the labor market and stated “despite the recent improvement, the job market remains far from normal”; this speech rekindled the speculation…
Following the rally of gold and silver prices during January, the sentiment has changes vis-à-vis gold and silver as both of their prices have slowed down and didn’t perform well during the last couple of months; furthermore, gold and silver…
There are reports that Saudi Arabia will raise its oil production in case the situation between Iran and the West will further escalate. Will Saudi Arabia come through on this promise? And more importantly, will it keep the crude oil…
The FOMC pledged a couple of months back to keep the currently low interest rates at least until late 2014. Will the Fed keep its pledge at all cost? What might trigger the Fed to flip-flop on its pledge and…
One of the major news events that may affect the financial markets, besides the results from Super Tuesday, is the ramifications in case Greece will default on its debt. Let’s examine, how, if at all, such a scenario will affect…
Silver had a big day yesterday, February 28th as it sharply rose by 4.5% – the sharpest gain for silver since January 3rd when it added 5.94% to its value. But, unlike yesterday’s gain, the rise in silver back then…