GoldSilver Blog

Do you have paper losses in a gold ETF for tax year 2018? If you act by December 31, you can capture that loss on your taxes without losing your exposure to metals. Here's how.

Later in the afternoon, US stocks took out their earlier low (S&P finished off 51 to 2600), while the 10-year yield moved down to 2.882%. The DX remained steady around 97.45, and gold was $1,238 bid at 4PM with a loss of $4.

On the surface, buying a bullion-backed exchanged-traded fund seems harmless. Gold ETFs track the price of the metal, don’t require you to store any bullion, and even list the serial numbers of the bars on their website. But similar to the old joke about “waterfront” land in Florida that turns out to be swampland, so too are these products once you glance under the hood.

Later in the afternoon, US stocks trimmed some losses (S&P ended unchanged at 2651), while the 10-year yield edged up to 2.913%. The DX was steady between 97.05 – 97.10, and gold was $1,243 bid at 4PM with a loss of $3.

Later in the afternoon, equities trimmed gains (S&P finished up 14 to 2,651), while the US 10-year bond yield hovered around 2.91%. The DX edged down to 97, and gold was $1,245 bid at 4PM with a gain of $2.

The 10-year bond yield rose to 2.886%, while the DX remained stable around 97.40-45. Gold was $1,243 bid at 4PM with a loss of $1.

Join Mike Maloney as he reveals an important factor of the partial Yield Curve inversion that is being ignored by mainstream news and media. Then stick around to the end of the video to see yet another indicator that is suggesting a huge change in markets could be upon us...

Gold briefly broke support at $1243 and dipped to $1241.70, but bargain hunting buying brought it quickly back to $1,244. Gold was $1,244 bid at 4PM with a loss of $4.

Ron Paul, ever the voice of reason and sanity when it comes to fiscal policy, envisages the coming collapse and who will be held to blame. Also, Donald Trump's biggest fiscal mistake thus far.

It’s time for our roundup of the big investment banks and where they predict the gold price will go in 2019. Their forecasts, while as fallible as any others, are worth paying attention to for one reason: These banks control enormous amounts of capital, so keeping an eye on where they stand vis a vis the gold price is worth monitoring.

Gold took out resistance at $1,248-49 (double top 7/12 and 7/13 highs) but was halted by options resistance at $1,250 (5-month high). The yellow metal was $1,248 bid at 4PM with a gain of $11.

On a day when US stocks plunged intraday but closed down only marginally, the 10-year yield continued its bounce to 2.886%, while the DX clawed back to 96.84. Gold was $1,238 bid at 4PM – unchanged.

If you see the future as China sees it, you need to have a meaningful exposure to physical gold. Anything that represents a small portion of your net worth will not provide the kind of asset and lifestyle protection you'll need. It's about the role it will serve in your finances, investments, and everyday way of life during a major currency upheaval.

On a day when US stock markets fell sharply, with the Dow off almost 800 points, the US 10-year yield recovered to 2.928%, while the DX clawed back to 96.98. Gold was $1,238 bid at 4PM with a gain of $7.

Mike Maloney covers all the trouble brewing in the global economy in this 11-minute video – including data he promised to show you last week.

The 10-year yield slipped to 2.982% (3-month low), but the DX climbed to 97.06. Gold was pressured lower but found support and was $1,231 bid at 4PM with a gain of $9.

The confluence of the most overvalued stock market of all time, an impending Everything Collapse, and the most undervalued gold of a lifetime. Seldom are opportunities gift-wrapped this nicely. And just before the holidays, too.

In this exclusive Insiders video, Mike Maloney revisits one of the most important aspects to successful investing – psychology. Get an insight into where Mike thinks we are in the gold, silver and crypto markets and how human emotions always play a massive role.

The DX pulled back to 97.18 – but remained fairly firm given the market expectations for some type of truce in the US/China trade dispute. Gold was $1,222 bid at 4PM with a loss of $2.

US stocks turned down (S&P finished off 6 to 2738), while the 10-year yield was either side of 3.03%. The DX drifted down to 96.75, and gold bounced back to $1,224.50. The yellow metal was $1,224 bid at 4PM with a gain of $3.