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Jul 22, 2024 | 
silverseek.com | Featured Headlines |David Russell |Hubert Moolman |Chris Waltzek
Excerpt from this week's: Technical Scoop: Precious Cheapness, Cut Expectation, Oil Rest
Source: www.stockcharts.com
It was not a very good week for gold. However, the other precious metals fared even worse. Gold fell 0.9% after once again making new all-time highs to $2,488. But that was the good news. Silver fell 6.0% and platinum was down 3.9%, while the near precious metals saw palladium drop 7.2% and copper get killed, down 7.6%.
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Jul 19, 2024 | 
silverseek.com | Featured Headlines |Head CB |Chris Waltzek |David Russell
Gold hit a new all-time high against the dollar this week, buoyed on by speculation surrounding Fed rates and the increasing likelihood of a Trump win. Let’s be honest, it was always going to be an interesting week given it began with the attempted assassination of a presidential candidate.
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Jul 17, 2024 | 
silverseek.com | Featured Headlines |Chris Waltzek |David Russell |Adam Hamilton
David is the CEO of GoldCore.
Until Summer 2023 he was the Director of Marketing and Communications, responsible for all marketing and communications strategies and branding.
David joined GoldCore in 2008 as Director of Business Development and later took over as Director of Marketing and Communications in 2020.
Prior to this Dave managed and operated his own Marketing Agency and completed multiple coaching qualifications.
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Jul 17, 2024 | 
silverseek.com | Featured Headlines |Chris Waltzek |David Russell |Adam Hamilton
VANCOUVER, BC, July 17, 2024 /CNW/ - Outcrop Silver & Gold Corporation (TSXV: OCG) (OTCQX: OCGSF) (DE: MRG) ("Outcrop Silver") is pleased to announce additional drill results at the Aguilar vein discovery located 5 kilometres south of the existing resource along the 30 kilometre vein corridor. These recent drill holes at Aguilar have confirmed the continuity of high-grade silver along dip and revealed a new parallel blind vein, Aguilar-HW, with the potential of discovering additional veins.
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Jul 16, 2024 | 
silverseek.com | Featured Headlines |Head CB |Chris Waltzek |David Russell
Alasdair Macleod, head of research at Goldmoney, reviews the macroeconomic themes underpinning the stunning gold-price rally.
- The erosion of purchasing power is best illustrated by soaring prices.
- Can inflation be accurately calculated via the gold price?
- Is the credit market facing a crisis-related, reset-moment?
- The historical precedent of gold as sound money.
I'll just quote one thing, which I think I've quoted several times before, not necessarily on your show.
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Jul 16, 2024 | 
silverseek.com | Featured Headlines |Head CB |Chris Waltzek |David Russell
Gold is one of the most reliable and accurate financial measures one can use. Historically, the Dow/gold ratio has provided a very good signal for silver bear and bull market cycles
Here is a long-term silver chart compared to a long-term Dow/gold ratio chart:
On the silver chart (the top chart), I've highlighted the significant Dow/gold ratio peaks with a blue line. In every case, silver made a significant bottom some years after the Dow/gold ratio peak.
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Jul 15, 2024 | 
silverseek.com | Featured Headlines |Chris Waltzek |David Russell |Chris Powell
Excerpt from this week's: Technical Scoop: Panic Trigger, Speculated Cut, Toppy Gold
Source: www.stockcharts.com
The precious metals (PMs) market was decidedly mixed this past week. Gold, encouraged by thoughts that the Fed could cut rates by September as well as encouraging inflation numbers and falling consumer confidence, rose about 1% this past week and closed over $2420. Silver, however, disappointed and actually fell 1.7%. Platinum was worse, down 3.1%.
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Jul 14, 2024 | 
silverseek.com | Featured Headlines |Chris Waltzek |David Russell |Adam Hamilton
About the author Since 2003, SilverSeek.com has served millions of readers with the latest silver news and information. SilverSeek.com continues to lead and connect the silver investor community with up-to-date information on the silver markets providing visitors with live silver prices, covering and analyzing the silver mining and exploration companies, discussing silver as money and related topics.
Average: 5 (1 vote)
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Jul 12, 2024 | 
silverseek.com | Featured Headlines |Chris Waltzek |DAVID MORGAN |Ed Steer
Gold has continued to consolidate at higher levels this week, above $2,380 this morning and moving closer again to the psychological important $2,400 level. This is on the back of markets starting to price in a interest rate cut in the US for September.
Data released on Thursday showed central banks are continuing to add to their gold reserves, despite the largest consumer the People Bank of China ceasing gold purchases for the last two months.
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Jul 2, 2024 | 
silverseek.com | Featured Headlines |Chris Waltzek |David Chapman |Jp Cortez
For the second time in less than a year, the New Jersey legislature has voted to end the sales tax on purchases of gold and silver coins, bars, and rounds without a single dissenting vote.
A2812 and S721, carried by Sens. Steinhardt and Sarlo and Asms. Greenwald, Swain, and Egan enjoyed overwhelming support, passing the Senate by a vote of 40-0 and the Assembly with a 71-0 vote.
