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Gold and Silver News

Gold to spike to $2000.oo – Forcast
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Gold is once again shining due to heightened market turmoil, following the surprise Brexit vote, and one longtime trend forecaster thinks the metal can climb another $600. “As interest rates around the world keep trending lower and holding cash yields … Read More

What does Soros see?
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Billionaire George Soros prepared last quarter for gloomy times, dialing back his U.S. stock investments by more than a third, betting against the equities while banking on gold. The value of Soros Fund Management’s publicly disclosed holdings dropped by 37 … Read More

China’s Economic Slowdown: One Major Change for Silver
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Article pulled from www.kitco.com 5-10-2016   You’re likely hearing talk on CNBC or Fox Business about how China is going to grow at 6 or 7%. This is ridiculous. The mainstream financial media is in denial about China’s economic slowdown and … Read More

Europe Stops Producing 500 Euro Note
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The European Central Bank (ECB) has stopped producing 500 Euro Notes – this is the first step in phasing out as much cash as possible.  The ECB says it because of terrorism and illegal activity – convenient that they didn’t … Read More

Gold backs down after Fed makes Comments
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The US Dollar Index recovered from its lowest levels in over a year adding to some responsive profit taking in gold in front of the widely watched $1,300/oz. level. Earlier in the week, gold traded above $1,300/oz. for the first … Read More

Investors Remain Wary Over Central Bank News
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The dollar sank on Tuesday after weaker-than-expected U.S. economic data boosted expectations the Federal Reserve would hold interest rates lower for longer, while U.S. Treasury yields touched five-week highs as traders positioned ahead of the central bank’s policy statement. U.S. … Read More