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Gold and Silver Top $1,400 and $24 27 Aug 2013 | 03:45 am
Gold broke above $1,400 in after-hours trading on Monday in what was described as part of a “war rotation,” after comments by U.S. Secretary of State John Kerry were seen as increasing t...
Moving On Up 24 Aug 2013 | 11:00 am
“Here is all one needs to know to explain why gold did what it did today,” wrote Dan Norcini on Friday afternoon. “The new home sales number showed the steepest drop in three years! Any questions? Wha...
Precious Metals ‘Ablaze’; Gold Shorts ‘Feeling Heat’ 24 Aug 2013 | 03:37 am
With silver & gold gaining 3.1% & 1.8% respectively on Friday, one commentator tells MarketWatch that “Gold is trading off tapering expectations, and basically we’re seeing the new home sales miss imp...
Can ‘Coiling’ Metals Unleash? 23 Aug 2013 | 03:11 am
“Gold and silver held their ground today, and are very obviously coiling,” according to the latest serving from Jesse’s Café Américain. “You can see it more clearly on the gold daily chart. The odds a...
FOMC Unclear on Tapering Timeline 22 Aug 2013 | 03:49 am
Gold and silver saw little change in choppy trading following Wednesday’s release of the minutes from July’s FOMC meeting, which stated that “Almost all participants confirmed that they were broadly c...
Metals Snap Back After Overnight Hit 21 Aug 2013 | 02:56 am
Comex gold and silver futures ended mixed on Tuesday, with gold gaining 0.5% and silver off 0.4%, after both were taken down and then bounced back in overnight trading, as illustrated by the above cha...
James Turk: Silver in ‘Strong Hands’, Rounding Up 20 Aug 2013 | 02:35 am
“I have been describing silver’s long-term chart pattern as a rounding bottom,” writes James Turk, but “the new twist to this pattern is that the rounding bottom has evolved into a ‘cup with a handle’...
Physical Faber; Dow/Gold Ratio Reverses Course 18 Aug 2013 | 09:52 am
As Marc Faber makes the case for owning physical gold, Bloomberg reports that 13 of the 22 analysts in its weekly survey expect gold prices to rise next week, “the highest proportion of bulls since Ma...
Silver Rallies 14% for Best Week Since 2008 17 Aug 2013 | 02:42 am
With silver & gold futures rising 14% & 4.5% respectively for the week, after gaining 1.7% and 0.7% on Friday, Bloomberg reports that “Gold rose to the highest in almost two months and silver capped t...
Silver Bull Reappears; Physical Gold Last Seen in Asia 16 Aug 2013 | 02:51 am
“Silver futures rallied into bull-market territory, jumping 5.5%,” reports the Wall St. Journal, “while gold prices touched a fresh eight-week high amid worries about the Mideast and a stock-market se...
