The U.S. confrontation with Iran continues to escalate It is still mostly a war of words, but we are inching closer to something else. The risk of an incident, even an accident, is rising. A military engagement of any sort in the shipping lanes of the Persian Gulf is all it would take to kick […]
Watch This One Carefully… Sometimes the things that move the markets the most violently – gold, silver, and other markets as well – are things that aren’t on most people’s radar screens. Front and center in the attention of economic and financial news observers is the on-again, off-again trade war with China. I do not […]
Gold Prices Struggled This Week and Saw a Sell Off It was a tough week for metals after a positive week last week. Gold prices struggled and dropped under $1,300 as a huge sell-off took further toll on prices. Silver was down this week too, but posted gains on Thursday. Gold was struggling against a […]
After Battling a Strengthening Dollar This Week, Gold Posted a Positive Week by Friday Metals were down in the early part of the week. However on Thursday it got a slight boost that it held onto through Friday. In the end gold posted a positive week despite the earlier losses. The dollar rallied this week […]
Political Developments Sparked a Gold Rally This Week Gold ended the week around $1,275 after climbing over $1,285 earlier in the week. Political developments sparked a gold rally that broke the rut that gold has been stuck in the last few weeks. Some of these political developments driving the rally were overseas, and some domestic. […]
Increasing European Political Uncertainty and Populism Will Fuel Safe Haven Demand Plummeting levels of confidence in national governments (and even more so in the EU) is leading to increasing European political uncertainty. This is true in the U.S. as well. Donald Trump’s election and the Brexit vote are indicators of rising populism and uncertainty. Other […]