In a recent review by Bloomberg, Barrick officials claim that gold producers’ stocks are due for a rally after they have been underperforming for years compared with the sharp gains in gold price. Is Barrick, the leading gold producer in…
Following the sharp gains for gold and silver prices during January when gold price rose by 11% and silver by 19.15%, the situation in February was much different. Gold price increased by only 2.07% from the end of January; silver…
Following my recent article on the potential outcomes for the price of silver in 2012, this article will complete the picture with a short overview of the possible outcomes for gold price. This analysis should give you a broad perspective…
As many had anticipated, the EU finance ministers approved today the second bailout of €130 billion for Greece. This bailout came after many hours of deliberations and after the EU finance ministers impeded their approval since last week. What does…
I have already written and posted my projections for silver price in 2012 along with an analysis for the major events that affected its development during 2011. In this post I will examine the potential outcomes of silver price during…
I have already referred to the relation between the expansion of U.S. Monetary base and the development of gold price. As the U.S. Monetary base expands, the price of gold tends to rise as well. Can we use this relation…
During most of January silver price and the Euro/U.S. dollar sharply rallied from their slump of past months. These two indexes tended to have a strong relation in recent months, but has the relation between the two tighten? Could we…
During January, gold price demonstrated its strongest performance in a single month since August 2011; for silver price it was since July 2011. Gold is currently 10.76% above its price from the end of 2011; silver has added 21.05% to…
In recent months there has been a near paradigm shift in the precious metals market that goes against basic market analysis of supply and demand. I’m referring to the recent change in which gold price became higher than the price…
Natural gas is on the rise and after the sharp fall of natural gas prices in recent weeks, it changed direction yesterday and bounced back. Some attribute to the recent news of Chesapeake Energy to cut by half its production.…