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Why are India’s gold imports surging?
Gold imports into India spiked 54% in April, quelling fears that the country was losing its taste for our favorite yellow metal. In all, the country pulled in $3.97 billion (USD) worth of gold in April
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How the CFTC’s New ‘Speed Bump’ Rule Could Effect Gold & Silver
Yesterday, the CFTC approved the first “trading speed bump” for US silver and gold futures markets. Normally this might only get a mention as a feature article by your friendly Gold Enthusiast, but as you will see there are some points
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Gold Makes a Sudden Rally to 1300
Gold rallied to 1300 very suddenly Monday in response to news on two fronts. First, US-China trade war negotiations headed sharply south. Second, heightening tensions in the Middle East sprang into focus with attacks on oil shipping
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Is Now the Time to Buy Silver?
Last week, we noted that we hadn’t given an Elliot Wave analysis update for a while. Of course – thanks to the universal principle widely known as “IN YOUR FACE!!!” – an Elliot Wave analysis then gets published
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Trump’s Latest Nominee Could Impact Gold Prices
After a good start, President Trump hit a rough patch filling empty seats on the Federal Reserve Board
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Market News: A Discussion on the Gold Trader’s Dilemma
Gold traders are on the edge of the dreaded Trader’s Dilemma. Though I haven’t heard it called this yet, everyone who’s traded longer than 3 months has got caught in it, and no one
Read More »Silver Demand Has Hit a 3-Year High [Details]
As silver traders struggle with a weak market, commercial demand for silver continues strong. Silver demand has risen to a 3-year high, according to today’s featured article. And that can’t be a bad thing for
Read More »Through its purchase of gold, China is sending the U.S. a major warning
China announced yesterday that they increased their central gold reserves by 480,000 oz (approx 14.9 tonnes) in April, noting that this is the fifth straight month of increases. The announcement also noted this brings Chinese reserves to 61.1
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Has Silver Finally Hit Its Bottom?
Silver traders saw a bounce off 14.70 Monday. Silver was falling heading into the NYMEX open, and in a reversal of recent patterns, it actually headed up instead of down. So the 14.60 low
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Gold News: The Collapse of the ‘Best Stock Market’ Explained
We often hear that interest rates, high deficits, and poor national economic policies are creating the next financial collapse. But how exactly does it work? What leads to what, what signs can a normal person look for
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