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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 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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May 8, 2024 | 
silverseek.com | Head CB |Chris Waltzek |David Chapman |Jim Willie
Industrial demand for silver set a record in 2023 driven by a significant increase in silver offtake in the solar energy sector.
This was one of several stories on the silver market featured in the latest edition of Silver News published by the Silver Institute.
Industrial demand for silver came in at 654.4 million ounces in 2023.
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May 8, 2024 | 
silverseek.com | Head CB |Chris Waltzek |David Chapman |Jim Willie
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May 8, 2024 | 
silverseek.com | Head CB |Chris Waltzek |David Chapman |Jim Willie
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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Apr 15, 2024 | 
silverseek.com | Featured Headlines |Head CB |Mike Maharrey |David Russell
As inflation continues to come in hotter than expected, gold and silver markets continue to gain upside momentum. Gold busted through to a new record milestone above $2,400 an ounce last Friday while silver rocketed to $29.50.
Last Wednesday, the government’s Consumer Price Index for March came in at an annual rate of 3.5%. The CPI jumped sharply from the 3.2% print in February. It also rose more than the projected 3.4% increase.
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Apr 15, 2024 | 
silverseek.com | Featured Headlines |Head CB |Mike Maharrey |David Russell
Gold and silver continue to push higher, curiously, at the same time as variables that normally trade in the opposite direction, namely government bonds and the US dollar, move upward in tandem.
The quandary leads AOTH to ask: who is buying the precious metals?
As of this writing, on April 12, spot gold was at $2,336 an ounce and spot silver was at $27.94. Gold is up 14% year to date and silver has gained even more, 18%, despite headwinds.
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Apr 15, 2024 | 
silverseek.com | Featured Headlines |Head CB |Mike Maharrey |David Russell
Excerpt from this week's: Technical Scoop: Precious Record, Cut Question, Booming Commodities
Source: www.stockcharts.com
War, or the threat of expansion of the Middle East war helped spark gold to once again reach record prices, falling just short of $2,450 before reversing on Friday and closing lower. Now that there are signs that the Mid-East war is expanding what will be the impact on gold opening Sunday night/Monday Morning.
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Apr 14, 2024 | 
silverseek.com | Featured Headlines |Head CB |Mike Maharrey |David Russell
Silver has done really well in recent weeks ascending towards “round number” resistance at $30 but that’s where it “decided to call it a day” on Friday with a big ugly reversal candle forming on heavy volume – a “gravestone doji”. Silver’s strong rally this month has led to its being supercritically overbought on its RSI indicator for most of this month and reaching its second most overbought extreme on its MACD indicator of the past 10 years.
