The Precious Metals Week in Review - December 28th, 2018

The Precious Metals Week in Review – December 28th, 2018

The partial government shutdown in the U.S. continued throughout the week, and the situation only added to what was one of the most chaotic weeks of the year in the equities markets. This week closed out the final trading week of 2018 and the massive volatility in the final quarter of 2018 ensured that stocks ultimately underperformed on a year-on-year basis.

The Precious Metals Week in Review - December 21st, 2018

The Precious Metals Week in Review – December 21st, 2018

1. The ongoing chaos and gridlock in the U.S. government continued to foster an atmosphere of fear and uncertainty this week, keeping volatility in the equity markets alive and well. Stocks were on track for their worst December since the Great Depression in the 1930s. 2. The seasonally adjusted number of Americans filing initial claims…

The Precious Metals Week in Review - December 7th, 2018

The Precious Metals Week in Review – December 7th, 2018

Stocks continued to be extraordinarily volatile this week despite what appeared to be a relatively successful meeting between US President Trump and Chinese President Xi Jinping at the G20 conference in Buenos Aires over the weekend. The trading week was shortened in the U.S. due to a national day of mourning that was declared to honor former US President George H.W. Bush who passed away on November 30.

Gold is Dead - Just Like in 1976!

Gold is Dead – Just Like in 1976!

Liberal economist Paul Krugman proclaimed earlier this year that “gold is dead.” An Economist article stated that “there is no point in investing in gold, any financial investment is better.” And Warren Buffett, one of the most successful investors of modern times, has never liked gold.