GoldSilver Blog

The data is in: based on a review of reports from multiple consultancies, the silver market has officially entered a supply/demand imbalance. The structure now in place sets up a scenario where a genuine crunch could occur. Join Mike Maloney and Jeff Clark as they examine the latest startling data.

Gold rallied sharply last night to a fresh 26 month high of $1358.40, tripping buy stops over $1342 (double top - 2/19 and 2/21 highs)...

Gold continued to recover last night, trading higher but in a choppy fashion in a range of $1332.40 - $1339. The yellow metal got a boost to $1337.50 from a selloff in US equity futures during early Asian time...

Gold rebounded last night, advancing in a range of $1326.10 - $1338.40. It tripped some buying over yesterday’s $1330 peak to reach its high, where resistance at $1338 (6/10 high) held.

John Williams will discuss why he still believes that hyper inflation will take place even though recent history suggests with so much worldwide debt deflation will prevail.

Gold continued to soften last night, sliding in a range of $1329.90 - $1320. Some light stops were hit under $1325 (double bottom – 6/5 and 6/10 lows, options) on the way to the low of $1320...

Gold sold off last night, sliding in a range of $1337.75 - $1325.15. It tripped some sell stops under $1330 (Friday’s low) and $1327 (6/6 low) to reach its $1325.15 low, where support ahead of $1325 (6/5 low, options) held.

The gold/silver ratio keeps climbing. And climbing and climbing. When is this darn thing going to reverse and see silver finally outperform gold? While no one really knows the answer to that question, there are hints that can tell us when things might shift. And just how big that shift might be.

Fed Chairman Powell indicated that he's ready to get in on the action. More money printing, more debt creation and more QE look to be in America's future. Look out below!

Gold remained choppy last night, trading either side of unchanged in a range of $1330.35 - $1337.15. It rose to $1336 against a drop in S&P futures (2837) during early Asian time after the White House...

Gold firmed overnight, trading in a choppy fashion in a range of $1327.15 - $1337.50. It rose to $1333.75 during early Asian time against a drop in S&P futures on news that the US and Mexico failed to reach a deal during negotiations yesterday afternoon.

Gold continued to rally overnight, trading in a range of $1324.70 - $1340 and making its 6th straight higher high. The yellow metal tripped buys stops over$1327-29...

A funny thing happened on the way to my finalizing this article: Federal Reserve Chairman Jerome Powell finally broke down and told the truth:

Gold was nervous and choppy last night in a range of $1320 - $1329 – typical of a market that just reached multi-month highs. Gold rose to its high of $1329 (fresh 3-month high) during late Asian and early European time...

The gold/silver ratio has just reached 90, this is as high as it has been for 28 years. Find out what Jeff Clark and Mike Maloney make of this event in today’s video.

Gold extended its rally last night, climbing in a range of $1307 - $1318.50. Buy stops were hit over $1307 (Friday’s high and 50% retracement of down move from 2/20 $1347 high to 4/23 $1266 low) and $1309-12...

As precious metals investors know all too well, gold and silver prices haven’t moved much for the past 5+ years. And along with that stagnant price environment has come low volatility.Volatility readings have fallen so far, in fact, that silver has matched its all-time low. It’s further confirmation of the widespread disinterest in precious metals.

Gold spiked higher as it touched off buy stops over $1289 (double top - 5/17 and 5/30 highs), $1295 (down trend line from 2/20 $1347 high) and $1297 (100-day moving average) to reach $1299 ...

Gold softened last night, trading lower in a relatively narrow range of $1275.10 - $1280.40. Gold was pressured by a continued firming in the US dollar (DX from 98.08 – 98.24)...

Gold traded higher last night, climbing in a range of $1279.10 - $1285.65. The yellow metal was lifted by a further drop in global bond yields (Japan’s 10-year to -0.096% - near 3-year low,...