(Stefan Gleason, Money Metals News Service) With gold and silver pulling back from their all-time highs over the last few days, the naysayers on Wall Street – who totally missed the huge rally in both metals since Labor Day – have boldly declared the top is in.
They further claim the dollar...
(Money Metals News Service) In this Money Metals Midweek Memo, host Mike Maharrey cautions listeners against confusing market symptoms with the underlying illness. He opens with a reminder to focus on what drives prices, not just the prices themselves.
That point lands as gold slips below $4,100 per ounce after a single-day...
Reports of FEMA disaster assistance teams in 2024 bypassing homes displaying signs supporting then-presidential candidate Donald Trump were true and were indicative of a pattern tracing back to Hurricane Ida in 2021…
Top Democratic officials were hit with a wave of criticism online Tuesday after they attacked President Donald Trump’s ongoing construction of a ballroom in the White House....
(Chris Powell, Money Metals News Service) Market analysts are searching for an explanation for today's bombing of gold and silver prices. For example, the Wall Street Journal today wrote the following:
The sudden fall in gold and silver prices lacks a clear trigger, XTB research director Kathleen Brooks writes. ...
The fall is likely...
(Mike Maharrey, Money Metals News Service) Chinese wholesale gold demand rebounded in September.
This was partly due to a seasonal uptick in gold buying, along with continued support from investors as the yellow metal scaled new record highs.
China ranks as the world’s largest gold market.
In September, the London Bullion Market...
(Mike Maharrey, Money Metals News Service) Is silver overbought?
Technically, yes. But that doesn’t mean the bull market is over, as some mainstream analysts would have you believe.
From a technical standpoint, an asset is overbought when the price runs up extremely fast relative to the recent trend.
On September 18, silver was...