GoldSilver Blog

There are some unprecedented events occurring in the precious metals markets right now - find out about the four biggest signs for silver in this delayed preview of Mike Maloney's Insiders Report (made available to customers on April 3, 2018).

Gold drifted lower, but support at $1335 held once again. It was $1336 bid at 4PM with a loss of $9.

"The bottom line is gold is nearing a major bull breakout above $1365. That will turn psychology bullish and bring traders back in droves."

Gold continues to take flight out of US possession as repatriation continues.

"Actual GDP has declined an average 7.45% each year since 2007."

"It is not possible to alter the facts of reality by means of expectations. The damage that was done cannot be undone by means of expectations and perceptions."

"Chapter 11 bankruptcies spiked 63% in March from a year ago and have hit the highest level since April 2011."

Government central planners at the Federal Reserve, & everywhere else, all suffer from “physics envy.”

"A breakout here would spring silver much higher, and likely carry gold with it."

Frank explains how rising inflation, which he believes is currently understated, has historically been a catalyst for higher bullion prices.

"The problem facing investors currently is a willful blindness to changes in the economic fabric."

"American businesses say they are paying more for raw materials, offering signs that the recent rise in inflation is likely to get worse."

The workweek soared to its highest level since October 1987

"Trump may have brought forward global forces that he does not begin to understand, and guaranteed a frightening crisis on his own watch."

"A massive short squeeze is being plotted by the megabank that practically invented how to profit by suppressing prices."

"This love of gold predates the hyperinflation of the Weimar years, which reinforced skepticism about paper money in a traumatic fashion."

Gold ticked down to trade narrowly between $1344-$1346. The yellow metal was $1346 bid at 4PM with a loss of $5.

Silver is now our favorite....

"The Fed’s pro-asset inflation policies have helped to push U.S. stock market valuations to 1929 levels."

Mike Maloney & David Morgan take a look at the recent price action in silver. Is this a breakout or a fakeout?