Quantcast
The Mesh Report - 2/123 - The Gold Enthusiast

The Gold Enthusiast »

How Geopolitical Tensions Affected Gold & Silver Prices

How Geopolitical Tensions Affected Gold & Silver Prices

Mike Hammer January 3, 2020 Comments Off on How Geopolitical Tensions Affected Gold & Silver Prices

The US retaliated for Tuesday’s protest-attacks on the embassy in Baghdad, with an airstrike that killed Iranian General Qassem Soleimani. “Geopolitical uncertainties” are often cited as one of the top drivers of gold prices, because when people get nervous

Read More »
Is Silver (SLV) Up Against Resistance? [Details]

Is Silver (SLV) Up Against Resistance? [Details]

Mike Hammer January 2, 2020 Comments Off on Is Silver (SLV) Up Against Resistance? [Details]

Welcome to 2020!  May this be a happy, healthy, and prosperous year for you and yours.  Last week, we noted that silver had run up against resistance. International price action overseas seems to confirm this, with silver

Read More »
Popular Precious Metals Company Aims for 2020 Turnaround

Popular Precious Metals Company Aims for 2020 Turnaround

Mike Hammer December 31, 2019 Comments Off on Popular Precious Metals Company Aims for 2020 Turnaround

Wheaton Precious Metals (WPM) is an interesting company. Commonly called a “streamer”, WPM’s business model is sometimes misunderstood, leading to erroneous expectations and ultimately incorrect valuations. But really it’s not that hard to understand. Today’s featured article talks about

Read More »
Gold Prices Benefit From U.S. Dollar’s Lag [Details]

Gold Prices Benefit From U.S. Dollar’s Lag [Details]

Mike Hammer December 30, 2019 Comments Off on Gold Prices Benefit From U.S. Dollar’s Lag [Details]

The US Dollar’s recent sag has served to lift gold heading into year-end. The ETF UUP dropped 2.6% last week and gold rose 2.3%, so the changes happened almost at-parity. Most pundits are pointing at the US-China

Read More »
Gold Prices Have Roared Back [Details]

Gold Prices Have Roared Back [Details]

Mike Hammer December 27, 2019 Comments Off on Gold Prices Have Roared Back [Details]

Gold, which had been looking like it would go sideways until 2022, has suddenly roared back to life. (credit Fidelity.com) In the past 3 US market trading days, GLD has run up from 139.52

Read More »
Here Is Why Silver Recently Rose

Here Is Why Silver Recently Rose

Mike Hammer December 26, 2019 Comments Off on Here Is Why Silver Recently Rose

Your friendly Gold Enthusiast and everyone here hope you and your family enjoyed a peaceful day yesterday. Silver has been on a tear the past 5 trading days. Even with Friday’s intraday drop, it

Read More »
Silver Prices Pop on Trade Uncertainty

Silver Prices Pop on Trade Uncertainty

Mike Hammer December 24, 2019 Comments Off on Silver Prices Pop on Trade Uncertainty

China fired back at the US following a 700 billion USD defense bill creating closer ties with Taiwan passed the US Senate vote. One of the provisions of the bill calls for support of the

Read More »
How the Trade Wars and Sanctions Are Impacting Gold

How the Trade Wars and Sanctions Are Impacting Gold

Mike Hammer December 23, 2019 Comments Off on How the Trade Wars and Sanctions Are Impacting Gold

All the trade wars and sanctions have lasted long enough that countries are now openly discussing alternatives. Facing sanctions in the Western-based banking system, four Muslim countries are seriously discussing starting their own trading bloc.

Read More »
China Takes Huge Step In Gold Trading

China Takes Huge Step In Gold Trading

Mike Hammer December 20, 2019 Comments Off on China Takes Huge Step In Gold Trading

Here in the US we’re really spoiled. We have dishwashers, electric cars, and a huge variety of financial market trading choices

Read More »
Will Silver Prices Be Above $20 in 2020?

Will Silver Prices Be Above $20 in 2020?

Mike Hammer December 19, 2019 Comments Off on Will Silver Prices Be Above $20 in 2020?

So far, 2019 is ending with a yawn for silver

Read More »