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Should Investors Be Buying Gold at This Elevated Price?

Should Investors Be Buying Gold at This Elevated Price?

Mike Hammer July 19, 2019 Comments Off on Should Investors Be Buying Gold at This Elevated Price?

This week gold made a big run-up, fueled partly by economic concerns, partly by the IMF dissing the US Dollar, and partly by good ol’ geopolitics. As in the old rule: Gold rises in times of geopolitical

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How to Successfully Trade Silver

How to Successfully Trade Silver

Mike Hammer July 18, 2019 Comments Off on How to Successfully Trade Silver

Silver’s recent highs have prompted a frequent comment in the daily email, which was “how can I trade silver?” As in – not the mechanics of trading, but when do we decide to get into

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Can Gold Replace the USD As Reserve Currency?

Can Gold Replace the USD As Reserve Currency?

Mike Hammer July 17, 2019 Comments Off on Can Gold Replace the USD As Reserve Currency?

One of the stories gold bulls like to tell is the decline of the US Dollar as the world reserve currency. This story usually runs along the following lines: The US is overspending massively, thus the

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Silver News: India’s Reaction to Depressed Prices

Silver News: India’s Reaction to Depressed Prices

Mike Hammer July 16, 2019 Comments Off on Silver News: India’s Reaction to Depressed Prices

Yesterday, we talked about gold and India, mentioning that India’s retail gold market is one way we can gauge consumer demand for gold

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Is Gold Retail Demand Faltering? [Details]

Is Gold Retail Demand Faltering? [Details]

Mike Hammer July 15, 2019 Comments Off on Is Gold Retail Demand Faltering? [Details]

Gold retail demand seems to be faltering in Hong Kong, where gold recently hit a 6-year high. Gold gift sales are down 4.4% year-to-date and look stagnant in the current month. Shoppers seem concerned by

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Can the Gold Standard Help Improve the Economy?

Can the Gold Standard Help Improve the Economy?

Mike Hammer July 12, 2019 Comments Off on Can the Gold Standard Help Improve the Economy?

Proponents of a gold standard were quick to publish their views following Jerome Powell’s negative remarks on gold. These “debates” usually take the form of someone says one thing publicly, then someone else gives

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The Time Warren Buffett Traded Silver

The Time Warren Buffett Traded Silver

Mike Hammer July 11, 2019 Comments Off on The Time Warren Buffett Traded Silver

From time to time Warren Buffett does unusual trades. Best known for his long-term value trading – buy quality companies on the cheap and sell maybe never – every once in a while Warren does a trader’s trade. 

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Is Gold Destined for Summer Doldrums in 2019?

Is Gold Destined for Summer Doldrums in 2019?

Mike Hammer July 10, 2019 Comments Off on Is Gold Destined for Summer Doldrums in 2019?

Every summer gold traders tremble in fear of “the summer doldrums.” Newcomers to the gold scene might be asking whether the summer doldrums are a real thing? While old-timers might ask: “Does it look

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Silver Prices Struggle to Hold On [Details]

Silver Prices Struggle to Hold On [Details]

Mike Hammer July 9, 2019 Comments Off on Silver Prices Struggle to Hold On [Details]

Silver prices dropped hard Friday as investors went back to equities. While the stock market closed down from the pre-holiday high, it was still a fairly strong showing for stocks compared to other investment groups.

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Gold Buying by Central Banks Reaching a Fever Pitch

Gold Buying by Central Banks Reaching a Fever Pitch

Mike Hammer July 8, 2019 Comments Off on Gold Buying by Central Banks Reaching a Fever Pitch

Gold buying by central banks seems to have reached a fever pitch. China announced they added another 10.3 tonnes in June; this on top of the 73+ tonnes they added over the previous 6 months.

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