Gold Prices Skyrocket, Stocks Plunge – Looking Like 2008 On Steroids
As politicians celebrated the debt limit increase and congratulated themselves for "saving" the nation that they destroyed, collapsing stock markets and soaring gold prices told a different story. The public spectacle of a dysfunctional Congress debating the debt limit
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US Mint Silver Eagle Bullion Sales On Pace For Record High
Since Congress authorized the production of American Eagle Bullion coins in 1986, it has become one of the easiest ways for investors to accumulate a physical position in precious metals. American Eagle Bullion
Gold Rallies On Week – Is The World Economy At The Precipice?
Gold continued its winning ways this week. As measured by the closing London PM Fix Price, gold gained $26.50 to close the week at all an time high of $1,628.50. Gold has closed higher for the past four consecutive
SPDR Gold Trust Hits All Time High, Silver ETF Holdings Increase
Holdings of the iShares Silver Trust (SLV) gained 112.15 tonnes on the week after increasing by 169.76 tonnes in the previous week. Although SLV holdings have declined by 1,005.71 tonnes since the beginning of the
As World’s Most Predicted Financial Crisis Approaches Precious Metals Move Higher
Precious metals gained across the board for the third week in a row. Silver and palladium were the top performers this week with each advancing almost 4%. July has seen an explosive move in the precious metals
Gold and Silver ETF Holdings Increase As Precious Metals Rally
Holdings of the SPDR Gold Shares Trust (GLD) gained 20.60 tonnes on the week after increasing by 19.60 tonnes in the previous week. Gold has been in a steady uptrend during July as the debt crises in Europe and
Gold and Silver Rocket Higher As Bernanke Oils Up The Printing Presses
The precious metals group continued higher this week, with standout performances by gold and silver. As politicians continue to engage in reprehensible scare tactics in order to increase the debt limit by another $2.5
Gold and Silver ETF Holdings Increase As Precious Metals Explode Higher
The iShares Silver Trust (SLV) showed a gain in holdings of 101.55 tonnes on the week after declining by a modest 48.21 tonnes in the previous week. A decline from record holdings of 11,390.06 tonnes on April 25th paralleled
Precious Metals Advance Strongly On Week
Precious metals roared back this week after consolidating in the previous week. Gold gained $58.50 on the week closing at $1,541.50. As measured by the London PM Fix Price, gold reached a closing high this
Gold and Silver ETF Holdings Decline On Week While Europe’s Debt Crisis Expands
The iShares Silver Trust (SLV) showed a decline in holdings of 48.21 tonnes from the previous week, after rising by 21.23 tonnes in the
