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Gold And Silver Gain On Week – Time Tested Indicator Says Gold Stocks Are Cheap

Gold And Silver Gain On Week – Time Tested Indicator Says Gold Stocks Are Cheap

May 13, 2011

After last week’s major sell off in precious metals, gold and silver prices gained on the week while platinum and palladium registered small declines.   As measured by the closing London Fix Price, gold gained $19.25 on the week and silver gained $2.00. As

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Precious Metals Prices Stumble In Wild Trading Week

Precious Metals Prices Stumble In Wild Trading Week

May 8, 2011

Commodity and precious metal prices tumbled this week, with gold and silver prices snapping a streak of four consecutive weekly increases. Following the recent run up in prices, there had been some anticipation of a correction. In addition, there were concerns that the Fed’s announcement of the

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Precious Metals Soar – Thank You Ben Bernanke

Precious Metals Soar – Thank You Ben Bernanke

April 29, 2011

As predicted on Monday, the Federal Reserve policy meeting and subsequent press conference by Fed Chief Ben Bernanke had the potential to cause an explosive move up in the precious metal markets. (see

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Gold At Record High As Silver Price Soars Towards $50 – Why The Rally Will Continue

Gold At Record High As Silver Price Soars Towards $50 – Why The Rally Will Continue

April 23, 2011

As government spending spirals out of control and the Federal Reserve perpetuates a deliberate strategy of currency debasement, precious metals prices continued to soar. Gold, as measured by the London PM Fix Price, closed at $1504.00, up $27.25 on a shortened four day trading week . Gold has gained

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Gold and Silver Reach Record Highs While Ron Paul Weighs In On Spending Fiasco

Gold and Silver Reach Record Highs While Ron Paul Weighs In On Spending Fiasco

April 16, 2011

Silver was again the star performer in the precious metals group, hitting a new yearly high of $42.61.  For  the second week in a row, silver has added over $2 per ounce as measured by London PM Fix Price.  After soaring $2.59 in the previous week, silver capped another standout week with a gain of

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Gold Hits All Time High and Silver Breaks $40 as Precious Metal Demand Soars

Gold Hits All Time High and Silver Breaks $40 as Precious Metal Demand Soars

April 9, 2011

Anything but paper dollars was the theme this week as investors rushed into anything of tangible value.  Gold, silver, oil and commodities of all types have been skyrocketing since last August when the Federal Reserve announced its second round of quantitative easing. Gold closed at an all time high

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Gold and Silver Consolidate Recent Gains As Threat Of Sovereign Defaults Grows

Gold and Silver Consolidate Recent Gains As Threat Of Sovereign Defaults Grows

April 1, 2011

Gold and silver prices, as measured by the London PM Fix Price, were largely unchanged on the week.  Gold slipped by $18 per ounce while silver declined modestly by $.05 Gold has rallied almost $100 per ounce since late January but has failed to decisively break out to new all time highs.  Silver,

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Gold and Silver Prices Push To New Highs, Gold Silver Ratio Drops To 28 Year Low

Gold and Silver Prices Push To New Highs, Gold Silver Ratio Drops To 28 Year Low

March 25, 2011

Gold and silver prices, as measured by the London PM Fix Price, moved to new highs on the week. Gold, as measured by the closing London PM Fix Price, gained $16 per ounce on the week and hit an all

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Gold and Silver Prices Gain on Week

Gold and Silver Prices Gain on Week

March 18, 2011

As measured by the London PM Fix price, gold and silver prices gained on the week after declining approximately 1% each in the previous week.  Gold gained $8.50 per ounce on the week to $1,420.00.  Silver was the stand out gainer on the week with a 3% or $1.05 per ounce gain.   As the situation in

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Gold and Silver Prices Hold Gains, Rise in Late Trading

Gold and Silver Prices Hold Gains, Rise in Late Trading

March 11, 2011

Gold and silver prices declined slightly on the week, as measured by the closing London PM Fix prices.  Gold finished the week at $1,411.50 for a loss of $15.50 while silver declined fractionally by 33 cents to close at $34.10.  However, as markets assessed the impact of a slowing world economy, higher

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