Editor Commentary

Now that President Obama has won the election, what does that mean for precious metals? Precious metals opened moderately higher the morning after President Obama’s re-election. However, once the U.S. stock markets began to tank (down over 2% at the time this is being written), metals were pulled slightly lower …

At a time when hedge funds are the least bullish on silver in almost four years, investors’ holdings are near a record, siding with the analysts predicting a rally as central banks move to bolster growth. Speculators cut bets on higher prices by 72 percent since the end of February, …

$4,940 FOR AN OUNCE OF SILVER BULLION? IMPOSSIBLE! 10 years ago I’d have called you crazy to make such a prediction. Yet today it’s a fact. Now our deal with a $4 billion precious metals wholesaler nets you a great deal for America’s hottest ounce of silver!      Dear  Silver …

Gold Rises But “Keeps Bearish Bias”  London Gold Market Report   U.S. DOLLAR prices to buy gold rose to $1586 per ounce Friday morning in London, reversing losses from the previous two days but leaving gold more than 2% below its level of a month ago.”Gold has been a range trade …

Exchange Traded Funds have just recently appeared as one of Wall Street’s premier products, being heavily promoted as alternate choices to tangible assets. These paper vehicles simply give speculators price exposure, largely failing to provide insulation from broader industrial risks like defaults on exchanges, the insolvency of a trustee or …

India’s Reserve Bank (RBI) is about to clamp down on gold sales from banks to customers. Rising bullion imports have been weakening the rupee and “adding pressure to the current account deficit,” says the RBI. Some experts believe the RBI’s attempt at market manipulation will merely increase the black market …

Comex gold futures prices have extended losses seen earlier in the trading session and are solidly lower in late-morning trading Tuesday. The key “outside markets” have taken on a more bearish posture for the precious metals Tuesday, as the U.S. dollar index has moved above unchanged and is trading near …

Higher gold, silver and interest rates to result from the euro crisis When there is a crisis of confidence in a currency then it is the precious metals that gain. Visit any city in Germany or Austria this summer and there is a gold shop in a prominent location. They …

Silver Could Preserve More Value Than Gold The fundamentals for silver and gold are very strong, and with all the massive bailouts, which are increasing debt levels, they are just getting stronger. Until a significant portion of these debts is repaid or defaulted on, it would be foolish to talk …