Gold & Silver
Precious metals have been prized for their beauty and scarcity for millennia. The oldest surviving examples of decorative gold artifacts date back some 6,000 years. It’s a legacy that continues into the present day, as investing in precious metals is a key strategy used to safeguard wealth. But how do you invest in gold, silver, and … Read more
Anyone who pays attention to global gold demand knows that China has been at the forefront of gold imports and central bank purchases for many years. To own gold bullion is something that is not only important to the Chinese government but also to Chinese citizens who have sought to buy gold bars and coins … Read more
When you choose to invest in gold it can be confusing to know the best way to add it to your portfolio. Should you buy gold bullion? Should you buy a gold ETF? Or maybe gold mining shares? It’s a minefield! Here at GoldCore, we see it very simply: if you want to get all … Read more
The dollar rose this week, from 17.87mg gold to 18.24mg (that’s “gold fell from $1,740 to $1,705” in DollarSpeak), a gain of 2.1%. In silver terms, it rose from 1.61g to 1.67g (in DollarSpeak, “silver dropped from $19.24 to $18.64), or 3.7%. As always, we want to look past the market price action. Two explanations … Read more
Tens of thousands of Americans are flocking to gold. Using it to protect their retirement savings from… Inflation Dollar devaluation Economic volatility And they’re getting $10,000 or more in free silver to do it… If you have $50,000 or more in retirement savings, you could too… >> Request your FREE 2022 Protecting Wealth Kit now! Discover how people (just … Read more
In this week’s Live from the Vault, the President of the Gold Silver Pros, Robert Kientz, joins Andrew Maguire to shed some light on the derivative market’s insidious practices to control the physical gold and silver price. The precious metals expert and former auditor lifts the lid on the scale of regulatory malfeasances common among … Read more
Yesterday the Fed released the minutes from the FOMC’s July meeting. There were few surprises, but two things really stood out; members are anxious about inflation and they’re anxious about a recession. Yesterday the Fed released the minutes from the FOMC’s July meeting. There were few surprises, but two things really stood out; members are … Read more
Something has happened which has not occurred since 2009. The silver basis—our measure of the abundance of the metal to the market—has gone way under the gold basis. This means silver is less abundant to the market than gold. Here is the picture. The blue line is the ratio of the gold basis to the … Read more
It’s been an interesting week so far in the world of gold prices and central banks making use of their gold reserves. For those asking if they should buy gold, two events this week provide further arguments on the benefits of holding the precious metal. There is little doubt that central banks, notably the U.S. Federal Reserve, … Read more
Recent data from the CFTC suggests that COMEX’s silver positioning is the most favorable since June of 2019. While this does not preclude more downside, it certainly suggests that any further price drops will be shallow. So, what we’re talking about here is the CFTC’s weekly Commitment of Traders reports that are surveyed at the … Read more
