Gold and silver market moving news, curated from the best of GoldSilver's team and around the web. Check back often for updates, or subscribe to get the highlights in your inbox.
While the silver price has moved less than gold this year, there has been a decisive move by investors. You and I don’t buy paper silver products, but this is where much of the mainstream first goes when wanting exposure to precious metals. Check out the jump in net purchases of SLV (iShares Silver Trust) last month: Net purchases by SLV holders surged to two-year highs last month. And July is on track to be even higher, as that data is only through the 16th.
I sat down today to write a thoughtful piece about how silver’s low prices will inevitably beget higher prices. And two things caught my attention. First, Jeff Clark has expertly covered that already. Second, silver is spiking for the first time in a while.Four-month highs are in the bag, and if silver is rapidly approaching the $16 resistance point.Is this THE breakout? Is this the beginning of the giant ramp? I can’t tell you how badly I want to say “YES, THIS IS IT.”READ MORE
The metal is trading above $1,400 per ounce for the first time since 2013 and is up more than 12% year to date. That also represents a rally of more than 35% since it broke below $1,100 per ounce in late 2015.READ MORE
The world’s central banks are likely to start following the lead set by their governments, according to the economist who’s become the public face of Modern Monetary Theory ...READ MORE
Rickards covers a lot of ground in this in-depth interview that is more than one hour in length. Rickards talks about the new gold (and silver) bull market, what everybody, especially the small investors,READ MORE
BlackRock Chief Executive Larry Fink said on Friday the European Central Bank will need to purchase equities to stimulate Europe's economy, and that leaders should find ways to have investors embrace an "equity culture" there.READ MORE
Central bankers are now facing a lose-lose proposition.READ MORE
LAST year, 22 central banks, situated largely to the east of Germany, bought the largest amount of gold since 1967 - the year that the London Gold Pool collapsed.READ MORE
Gold futures rise on Friday, adding to a powerful push toward fresh six-year highs, amid a backdrop of lower rates and monetary-policy easing that bulls deem...READ MORE
The coming ‘tsunami of poverty’ for retirees — and what to do about it...READ MORE
Earlier, Williams said in a speech that "it's better to take preventative measures than to wait for disaster to unfold."READ MORE
With the global economy slowing and factory production faltering in the face of the Sino-U.S. trade war, BOJ officials have said they remain ready to expand stimulus,...READ MORE
CEOs see cybersecurity as the number one threat to the global economy and business growth over the next five to ten years, a new report has claimed.READ MORE