1. U.S. stock futures trod water on Tuesday, hitting pause on a record-setting rally as focus turned to the day’s stream of earnings for insight into the health of Corporate America and the economy. Stocks have bounced out of their early January slump in recent days as investors increasingly embrace the idea the Federal Reserve…
According to some analysts, the gold market is still caught in a tug-of-war as investors try to anticipate the Federal Reserve’s next move.
The gold market is not seeing much reaction to the latest employment data as prices recover from Wednesday’s sharp selloff.
Gold went on a run late last week, setting an all-time record high last Friday and breaking the $2,100 level for a brief time in overseas trading Sunday night.
The kooks were indeed right. Those that called for higher prices -higher than what most mainstream investors would believe- were proven correct.
How Long Till the Next Silver Spike? This Data from History Gives Us a Clue.
“What is the connection between re-openings and a higher silver price? Here’s the link as I view it, see what you think…”
The gold price is up another 2% since my last update on May 1st, trading today at $1736/oz USD. Analysts are making bullish predictions for the price almost daily and the ETF inflows have been net positive for the last 20 trading sessions.
As precious metals investors know all too well, gold and silver prices haven’t moved much for the past 5+ years. And along with that stagnant price environment has come low volatility.
Most precious metals investors expect to reap a profit on their gold and silver as a result of higher spot prices.
But what if I told you that when selling certain types of coins, you could gain another layer of profit when you sell? A little leverage on the spot price when it rises.
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