– Gold prices have continued to consolidate within a broad range as they struggle to break resistance above $2,700 an ounce. However, one bank remains optimistic about the precious metal, identifying four key factors expected to drive prices higher this year. Among commodities, gold is one of the few that analysts at BMO Capital Markets […]
Gold is projected to gain momentum in the latter half of 2025 as the Federal Reserve resumes rate cuts. However, the current spotlight is on how President-elect Donald Trump’s proposed tariffs are dramatically impacting the global silver market, according to Daniel Ghali, Senior Commodity Strategist at TD Securities. In a recent interview, Ghali highlighted an
The current setup on the silver chart is a lot like the start of the silver bull market of the early 2000s. In those days silver was under $5 and considered cheap. The current bottoming pattern from around 2014 to now is very similar to the early 2000s bottoming pattern (see the chart below). I
At These Levels, Buying Silver Is Like Getting It at $5 in 2003 Read More »
The BRICS bloc is quickly moving to establish a new world order under the leadership of Russia as the current BRICS chair has called on member states to create an alternative to the International Monetary Fund (IMF) to counter political pressure from Western nations. According to a report from Reuters, Anton Siluanov, the finance minister of
BRICS to build ‘New World Order’: Russia calls for alternative to IMF and World Bank Read More »
Your Parents Bought Groceries with Silver A potential collapse of the U.S. dollar could create significant uncertainty, leading many to seek safer ways to protect their wealth and have hard money on hand in case there is a need for barter and trade. During periods of economic turmoil, civil unrest, or war, precious metals like
How Much Could Silver Be Worth in a U.S. Dollar Collapse? Read More »
Key Factors Affecting Gold: Geopolitical Tensions and China’s Economic Issues Drive Gold Demand. US Nonfarm Payrolls (NFP): The US added 142,000 jobs in August, falling short of the 160,000 forecast, indicating a softer labor market. Unemployment Rate: Dropped to 4.2%, with wage inflation rising to 3.8%. Fed Rate Expectations: Markets now see a 70% chance
Gold Eyes $2,500 Amid China’s Deflation; Silver Surges on $970M Acquisition Read More »
Silver gains are expected, driven by a combination of favorable macroeconomic factors and robust demand fundamentals. UBS analysts suggest that long-term investors should consider increasing their exposure to silver, with a target price range of $36-38 per ounce. “In our base case, industrial application demand should still expand by 50mn ounces this year, or close
More Upside Seen for Silver Prices in Coming Months, Says UBS Read More »
With no resolution to the gap in sight, as the deficits are widely expected to continue for years into the future, a recent Bank of America report suggests that the declining inventories are starting to ‘make the deficits count.’ Their report also commented on China’s surging silver consumption, which has continued to grow in 2024
Bank Of America Expects Declining Silver Inventories To ‘Make The Deficits Count’ Read More »
Silver can and will hit $50 an Ounce. If silver trades above its secular breakout level of $28.80 by August 19th, 2024, silver might reach $50 still in 2024. This article provides insights into the conditions for silver to hit $50. In sum, we expect the big silver run to start in 2024 and move to $50
Will Silver Ever Hit $50 An Ounce? Here Is The Answer And Must-See Charts Read More »
Silver is a dual investment vehicle, providing protection as a safe-haven asset while its special properties enable industrial applications in thousands of products, providing benefits not found in other assets. Silver is a Safe-Haven Asset Silver, like gold, is considered a safe-haven asset because its value tends to increase significantly during times of inflation, economic
Silver is a Dual Investment Read More »
