Precious Metals News and Analysis

 

Selling Pressure

Selling Pressure With stops being triggered overnight at the psychological figure of $1,300, gold led the precious metals complex lower.  After failing ahead of key resistance at the end of July around $1,350 (the 23.6% Fibonacci retracement level of the all time high made in Sep 2011

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The Market Today

The Precious Metals Market Today Regarding the precious metals market today: Following Monday’s big rally, Tuesday gave us a quiet morning as the market digested the gains and drifted lower. After a few probes lower, gold found very good buying interest and took silver along for the

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The Impending Storm this Summer

The Impending Storm This Summer By:  Chris Martenson Global financial markets are now in a very perilous state, and there is a much higher than normal chance of a crash. Bernanke’s recent statement revealed just how large a role speculation had played in the prices of nearly

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Are You Bullish?

Are you bullish? “On a medium-to-long-term basis we (Citi) remain very bullish on Gold,  As can be seen from the chart, gold has never stayed below that “stairway to hell” for very long. Given that the debt limit number is going to continue higher, a re-emergence of Gold

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Bear Market….Reality Check

Bear Market….Reality Check Whistleblower Andrew Maguire told King World News that massive global physical demand reveals that gold is in fact in a full-fledged bull market and that the gold bear market theory is simply not valid.  Do you believe it? Here is a quick review of his “reality

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Don’t Lose Sight of the Facts!

Don’t Lose Sight of the Facts! The U.S. national debt is approaching $17 trillion. Unfunded liabilities are more than $123 trillion for entitlement programs alone. The Federal Reserve is unable to raise interest rates anytime soon despite rumors to the contrary. If rates were to rise to

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