LONDON, 11 December 2024 - BullionVault's Automatic Gold Investment Plan is named today as the very best gold savings product for private investors by WirtschaftsWoche, Germany's best-selling weekly business and finance magazine.Reporting the latest annual study conducted for WiWo by specialists FMH-Finanzberatung, "The number of Germans using BullionVault's savings plan has increased by almost te...Read More
In 2023, global silver production was approximately 26,000 metric tons. During the same period, gold production was around 3,000 metric tons.So 8.6x more silver is mined annually than gold. Yet gold trades at about 86x the price of silver today ($2,633/oz for gold and $30.60/oz for silver).What explains this disconnect? The primary differentiator is the fact that central banks buy and hold large q...Read More
Global Analyst Adrian Day answers your questions and looks at gold buying patterns.Gold has staged a very convincing recovery after the drop following President Trump's re-election, closing Friday at $2,643, up from $2,563 two weeks ago. This suggests that there is a lot of pent-up buying from investors who missed buying all the way up. And, as I emphasized in my review of markets after the electi...Read More
Read on to see why Haywood Capital Markets gave Thesis Gold Inc. (TAU:TSXV; THSGF:OTCQX; A3EP87:WKN) a Buy rating and CA$3 target price.Haywood Capital Markets analyst Jamie Spratt, in a research report published on December 9, 2024, initiated coverage on Thesis Gold Inc. (TAU:TSXV; THSGF:OTCQX; A3EP87:WKN) with a Buy rating and a price target of CA$3.00. The initiation follows the company's advan...Read More
Michael Ballanger of GGM Advisory Inc. shares his thoughts on the current state of the market, looking at Bitcoin, gold, and the potential consequences of Trump's tariff threats. "Manifest destiny" was a phrase that represented the belief in the 19th-century United States that American settlers were destined to expand westward across North America and that this belief was both obvious ("manifest")...Read More
With the 2024 election in the rearview mirror and Donald Trump set to take office on January 20, 2025, what will his second term mean for America?Let's review the good, the bad and the ugly to prepare you for what's coming:The GoodTrump will pursue a twenty-first-century version of what was originally known as the American System. This system relied on the following policies:High tariffs to suppor...Read More
Before we get into today's article, I sat down this week with my good friend and Rude Contributing Editor Byron King to get his views on the escalation between Russia and Ukraine, primarily thanks to a reckless Biden administration and the insane lust for war.When the Biden administration recently authorized Ukraine to use U.S.-supplied long-range MGM-140 Army Tactical Missile Systems (ATACMS) mis...Read More
Gold’s monster uplegremains alive and well, after weathering a sharp post-election selloff. One had certainly been due, as gold had justsurged to extremely-overbought levels. The resulting pullback was big and fast, doing much essentialrebalancing work. Gold’s resiliencedefying some bearish headwinds is a bullish omen. Despite its massive size, this monster upleg...Read More
In my yesterday’s Gold TradingAlert, I wrote that we had some clues regarding the end of thecorrective upswing.CorrectiveUpswing Nearing Its EndWe saw an invalidation in the GDXJ (ofthe tiny move to new short-term highs), and before that silver outperformed ona short-term basis, which was also a bearish indication. Today, we got somemore. Today, miners are back in theirunderperform...Read More
Gold’s monster uplegremains alive and well, after weathering a sharp post-election selloff. One had certainly been due, as gold had justsurged to extremely-overbought levels. The resulting pullback was big and fast, doing much essentialrebalancing work. Gold’s resiliencedefying some bearish headwinds is a bullish omen. Despite its massive size, this monster upleg...Read More
Gold’s monster uplegremains alive and well, after weathering a sharp post-election selloff. One had certainly been due, as gold had justsurged to extremely-overbought levels. The resulting pullback was big and fast, doing much essentialrebalancing work. Gold’s resiliencedefying some bearish headwinds is a bullish omen. Despite its massive size, this monster upleg...Read More
Gold’s monster uplegremains alive and well, after weathering a sharp post-election selloff. One had certainly been due, as gold had justsurged to extremely-overbought levels. The resulting pullback was big and fast, doing much essentialrebalancing work. Gold’s resiliencedefying some bearish headwinds is a bullish omen. Despite its massive size, this monster upleg...Read More
Gold’s monster uplegremains alive and well, after weathering a sharp post-election selloff. One had certainly been due, as gold had justsurged to extremely-overbought levels. The resulting pullback was big and fast, doing much essentialrebalancing work. Gold’s resiliencedefying some bearish headwinds is a bullish omen. Despite its massive size, this monster upleg...Read More
In my yesterday’s Gold TradingAlert, I wrote that we had some clues regarding the end of thecorrective upswing.CorrectiveUpswing Nearing Its EndWe saw an invalidation in the GDXJ (ofthe tiny move to new short-term highs), and before that silver outperformed ona short-term basis, which was also a bearish indication. Today, we got somemore. Today, miners are back in theirunderperform...Read More
In my yesterday’s Gold TradingAlert, I wrote that we had some clues regarding the end of thecorrective upswing.CorrectiveUpswing Nearing Its EndWe saw an invalidation in the GDXJ (ofthe tiny move to new short-term highs), and before that silver outperformed ona short-term basis, which was also a bearish indication. Today, we got somemore. Today, miners are back in theirunderperform...Read More
Gold’s monster uplegremains alive and well, after weathering a sharp post-election selloff. One had certainly been due, as gold had justsurged to extremely-overbought levels. The resulting pullback was big and fast, doing much essentialrebalancing work. Gold’s resiliencedefying some bearish headwinds is a bullish omen. Despite its massive size, this monster upleg...Read More
In my yesterday’s Gold TradingAlert, I wrote that we had some clues regarding the end of thecorrective upswing.CorrectiveUpswing Nearing Its EndWe saw an invalidation in the GDXJ (ofthe tiny move to new short-term highs), and before that silver outperformed ona short-term basis, which was also a bearish indication. Today, we got somemore. Today, miners are back in theirunderperform...Read More
In my yesterday’s Gold TradingAlert, I wrote that we had some clues regarding the end of thecorrective upswing.CorrectiveUpswing Nearing Its EndWe saw an invalidation in the GDXJ (ofthe tiny move to new short-term highs), and before that silver outperformed ona short-term basis, which was also a bearish indication. Today, we got somemore. Today, miners are back in theirunderperform...Read More
In my yesterday’s Gold TradingAlert, I wrote that we had some clues regarding the end of thecorrective upswing.CorrectiveUpswing Nearing Its EndWe saw an invalidation in the GDXJ (ofthe tiny move to new short-term highs), and before that silver outperformed ona short-term basis, which was also a bearish indication. Today, we got somemore. Today, miners are back in theirunderperform...Read More