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Gold Demand: Why’s Russia on a Buying Binge?

Gold Demand: Why’s Russia on a Buying Binge?

Mike Hammer October 25, 2017 Comments Off on Gold Demand: Why’s Russia on a Buying Binge?

Russia apparently thinks gold is cheap right now. The Central Bank of Russia bought 34 tonnes of gold in September and added it their reserves. This is the highest gold demand we’ve seen in a

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Gold News: Are Gold Miners About to Tumble?

Gold News: Are Gold Miners About to Tumble?

Mike Hammer October 24, 2017 Comments Off on Gold News: Are Gold Miners About to Tumble?

With the recent strength in the US Dollar and the stock market, the gold miners have turned south. On Monday the biggest gold mining ETF, GDX, bounced off its 100-day moving average support. To

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Gold Demand: Decade-Low Prices for Coins

Gold Demand: Decade-Low Prices for Coins

Mike Hammer October 23, 2017 Comments Off on Gold Demand: Decade-Low Prices for Coins

US dealers are reporting 10-year lows in gold demand for US-minted coins. This is an interesting anecdotal report, as it coincides with the recent weakness in gold prices. 

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Gold Demand: Dropping Amid New Tax Burden?

Gold Demand: Dropping Amid New Tax Burden?

Mike Hammer October 20, 2017 Comments Off on Gold Demand: Dropping Amid New Tax Burden?

While we wait for the next round of official reports on Indian marriage season gold demand, we can digest some anecdotal info. “In some regions, demand was nearly 30 percent lower than normal, but

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Gold Prices: This Country’s Riots Causing a Spike?

Gold Prices: This Country’s Riots Causing a Spike?

Mike Hammer October 19, 2017 Comments Off on Gold Prices: This Country’s Riots Causing a Spike?

Gold prices are up in morning trading today, thanks in part to tensions over Catalonia. The Spanish region recently voted for independence from Spain, in a highly contentious vote. Demonstrations on Tuesday following the

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Gold News: Goldman Sachs Posts 91-Page “Primer”

Gold News: Goldman Sachs Posts 91-Page “Primer”

Mike Hammer October 18, 2017 Comments Off on Gold News: Goldman Sachs Posts 91-Page “Primer”

Goldman Sachs, aka The Vampire Squid, is well known as having the smartest people in the room.   Arrogance aside, market watchers keep an eye on what they say. On Tuesday Goldman released a 91-page

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Gold News: Kilonova Explosion Created Gold!

Gold News: Kilonova Explosion Created Gold!

Mike Hammer October 17, 2017 Comments Off on Gold News: Kilonova Explosion Created Gold!

Ever thought maybe we spend too much time trading gold, and not enough just plain making the stuff?  Alchemy is the ancient science of transmuting lesser elements into gold.  Or at least, trying to.

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Junior Gold Miners: 4 Steps to Find Credible Stocks

Junior Gold Miners: 4 Steps to Find Credible Stocks

Mike Hammer October 16, 2017 Comments Off on Junior Gold Miners: 4 Steps to Find Credible Stocks

Every so often, your friendly Gold Enthusiast gets an email asking a question such as, “How do I evaluate junior gold miners?” In case you’ve been living under a rock the last 50 years,

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Junior Gold Miners: 4 Steps to Find Credible Stocks

Junior Gold Miners: 4 Steps to Find Credible Stocks

Mike Hammer October 16, 2017 Comments Off on Junior Gold Miners: 4 Steps to Find Credible Stocks

In case you've been living under a rock the last 50 years, junior gold miners are smaller-than-huge companies that typically have one to four mining and/or exploration projects going at any one time

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Palladium Continues Sharp 2107 Surge, Tops $1,000/Oz

Palladium Continues Sharp 2107 Surge, Tops $1,000/Oz

Mike Hammer October 16, 2017 Comments Off on Palladium Continues Sharp 2107 Surge, Tops $1,000/Oz

Palladium prices early Monday topped $1,000 an ounce for the first time since 2001 in a market that is in backwardation, which is seen as a sign of tight supplies, traders and analysts said.

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