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Silver Plunges to 11-Year Lows, Is it a Buy at These Levels?

Silver Plunges to 11-Year Lows, Is it a Buy at These Levels?

Mike Hammer March 20, 2020 Comments Off on Silver Plunges to 11-Year Lows, Is it a Buy at These Levels?

It’s been a wild couple of weeks for the financial markets, and the silver (SLV) bulls certainly haven’t had a week worth writing home about. While many of the investors in silver likely thought they had

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Goldman Sachs Makes GOLD Price Predictions for 2020

Goldman Sachs Makes GOLD Price Predictions for 2020

Mike Hammer March 19, 2020 Comments Off on Goldman Sachs Makes GOLD Price Predictions for 2020

Goldman Sachs remained bullish on gold for the long haul due to potential of a “shock to the global economy” following the COVID-19 outbreak. Nevertheless, it trimmed the forecast for the next half year as a

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Gold is setting records dating back over 5,000 year… against silver

Gold is setting records dating back over 5,000 year… against silver

Mike Hammer March 18, 2020 Comments Off on Gold is setting records dating back over 5,000 year… against silver

Gold hasn’t been such a terrific hedge of late against the turmoil from the coronavirus pandemic that has upended financial markets. Over the last month, gold futures GC00, -0.990% have retreated by 5%. While that’s a long

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Silver Prices Plummet to an 11-year Low

Silver Prices Plummet to an 11-year Low

Mike Hammer March 17, 2020 Comments Off on Silver Prices Plummet to an 11-year Low

Growing panic in financial markets continues to drag precious metals prices down across the board, but growing recession fears are particularly weighing on silver and palladium prices, according to analysts. Monday, silver prices fell

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Central banks slashes rates, why is gold’s price below $1,500?

Central banks slashes rates, why is gold’s price below $1,500?

Mike Hammer March 16, 2020 Comments Off on Central banks slashes rates, why is gold’s price below $1,500?

Central banks around the world have been very busy announcing measures to soften the impact of COVID-19 on their economies. But global stocks continued to sell off, dragging precious metals down along with them. Here’s some

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3 factors supporting the gold price – Blackrock

3 factors supporting the gold price – Blackrock

Mike Hammer March 13, 2020 Comments Off on 3 factors supporting the gold price – Blackrock

Although the gold market is struggling to find traction as panic and volatility grip financial markets, the world ’s largest asset management firm sees potential for the yellow metal. In a commentary published Thursday, Russ

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Gold down as traders sell what they can amid panicked marketplace

Gold down as traders sell what they can amid panicked marketplace

Mike Hammer March 12, 2020 Comments Off on Gold down as traders sell what they can amid panicked marketplace

Gold prices are lower in early U.S. futures trading Thursday as markets liquidity in a panicky global marketplace is drying up as traders and investors back away from trading markets. “When in doubt, get out”

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Why is gold not at $1,900 this week? Scotiabank points to this reason

Why is gold not at $1,900 this week? Scotiabank points to this reason

Mike Hammer March 11, 2020 Comments Off on Why is gold not at $1,900 this week? Scotiabank points to this reason

Why didn’t gold prices hit $1,900 on Monday when the yield on the benchmark 10-year Treasury note plunged to a record low of 0.318%? Gold’s upside potential Monday was limited to its quick overnight

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Gold hits 7-year high but analysts say the ‘level of fear in markets’ could push it to $2,000

Gold hits 7-year high but analysts say the ‘level of fear in markets’ could push it to $2,000

Mike Hammer March 10, 2020 Comments Off on Gold hits 7-year high but analysts say the ‘level of fear in markets’ could push it to $2,000

Gold prices jumped above $1,700 on Monday, hitting a seven-year high as a coronavirus-fueled sell-off pushed investors into safer assets. However, analysts have said that the precious metal could continue to climb higher. “Gold could

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Are Gold Price, Gold Stocks Safe From Coronavirus? Lessons From 2008

Are Gold Price, Gold Stocks Safe From Coronavirus? Lessons From 2008

Mike Hammer March 9, 2020 Comments Off on Are Gold Price, Gold Stocks Safe From Coronavirus? Lessons From 2008

The gold price briefly topped $1,700 early Monday, before getting whipsawed amid extremely volatile financial markets. But shares of gold miners were set to open sharply lower. So can investors count on gold and

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