Making the Case for $12,000 gold & $360 silver

Making the Case for $12,000 gold & $360 silver

Global Financial Assets are more inflated and propped up than ever. According to the most recent figures published by The City UK Fund Report, total Global Conventional Assets under management topped $105 trillion in 2014. That’s one hell of a lot of future PAPER CLAIMS. Unfortunately for most investors, the majority of these supposed assets will evaporate into thin air from where-ith they came. Bubbles were designed for children to make and play with… not meant for adults…

Sustainability, Solar, and Silver

Sustainability, Solar, and Silver

The Capital Gold Group has published its internal think tank study, Sustainability, Solar, and Silver, for global publication to institutional and accredited investors for immediate release. The feasibility report by global research associates projects the demand for silver utilized for Solar Panel manufacturing to sky-rocket in the next 5 years, driven by sustainability initiatives of multi-national corporations and governments worldwide.

Gold Prices Climb Up as Fed Rate Hike Expectations Recede on Soft Global Economic Data

Gold Prices Climb Up as Fed Rate Hike Expectations Recede on Soft Global Economic Data

Gold prices edged higher to $1,340 per ounce on Monday morning in London following weaker-than-expected data for the U.S., China and Japan, the world’s three largest economies while global stocks stayed near 1-year highs, writes Steffen Grosshauser at BullionVault. U.S. retail sales were down 0.3% showing a moderation in consumer spending which some market observers believe could lead to a slower economic growth in the third quarter of 2016. The data released on Friday also…

Platinum, Palladium May be New Focus in Precious Metals Rally

Platinum, Palladium May be New Focus in Precious Metals Rally

Gold prices have rallied sharply this year, but it may be time for other precious metals to shine. According to some analysts, platinum and palladium are starting to look more attractive to funds hoping to ride the precious metal rally this year. The two metals recently closed out their best months in years. Platinum for October delivery rose 12% to $1,150.60 last month, its largest monthly percentage increase since January 2012. Palladium for September delivery…

‘Sell everything,’ DoubleLine’s Gundlach says

‘Sell everything,’ DoubleLine’s Gundlach says

Jeffrey Gundlach, the chief executive of DoubleLine Capital, said on Friday that many asset classes look frothy and his firm continues to hold gold, a traditional safe-haven, along with gold miner stocks. Noting the recent run-up in the benchmark Standard & Poor’s 500 index while economic growth remains weak and corporate earnings are stagnant, Gundlach said stock investors have entered a world of uber complacency.

Where the devil lives

Where the devil lives

I have a friend who has a boutique money-management firm and he writes a service that I read regularly. He is about as skeptical about the markets as I am and, given the fact he’s making his living buying and selling in these markets, I find it helpful when he confirms my suspicions about the markets’ shenanigans and illusion. There is so much good data here that I wanted to share it with you. It’s…

Silver looks to test fresh two-year highs

Silver looks to test fresh two-year highs

Gold futures look to snap four-session slide Silver futures regained their footing Wednesday to renew a charge to a fresh, nearly two-year settlement high, and gold tipped higher, as surging U.S. stocks looked to pause their climb. The early-week rally in U.S. equities tarnished the appeal of precious metals, often used as a hedge against higher-risk investments. September silver, which has been the high-flyer relative to gold in recent weeks, was up 26 cents, or…

Record Australian dollar gold prices make miners shine

Record Australian dollar gold prices make miners shine

Gold’s ability to hold on to near-record levels in Australian dollar terms despite the better than expected US jobs report and its implications for eventual interest rate rises has fueled a new buying rush for local producers. The Australian dollar gold price was hovering just above $1,800 an ounce, just shy of the all-time record on July 7 of $1,819 an ounce – that had eclipsed the previous record of $1,806 in 2011, which required…