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How Much Silver Is Above Ground?
BySirhcCourtesy of VOIMA, by Jan Nieuwenhuijs Above-ground silver stocks are an order of magnitude higher than what is widely assumed. In total, there were an estimated 1.6 million metric tonnes of physical silver above ground by late 2018. This amount is 20 times higher than what The Silver Institute discloses as “identifiable above-ground stocks,” which…
Gold Price Forecast: XAU/USD jumps above $1,920 after US data
BySirhcSource: FXSTREET NEWS | 1/31/2023 3:05:16 PM GMT | By Matías Salord US Dollar weakens following Q4 US Employment Cost Index. Data points to more evidence of a slow down in inflation. XAU/USD erases daily losses with a rebound of more than $10. Gold prices bounced sharply higher following the release of US labor costs data for the fourth quarter….
Gold may eclipse dollar as reserve currency after outsize coronavirus spending: Goldman Sachs
BySirhcThe U.S. dollar’s longstanding status as the world’s reserve currency is at risk after the greenback’s weakening by unprecedented government efforts to shore up the economy during the COVID-19 pandemic, according to Goldman Sachs Group Inc. Ballooning federal debt levels and a potential shift in favor of inflation at the Federal Reserve amid increased geopolitical hostilities, domestic unrest and an onslaught of new…
Gold has room to overshoot to the topside
BySirhcCommerzbank technical analysis on gold is looking for it towards $2000: is on course for the 1921.50 September 2011 high there is room for an overshoot to the top of a 49-year channel at 1983.00 … our long-term target … should hold the initial test and provoke some profit taking Forays above 2000 are expected…
The gold-silver ratio is finally getting back to some semblance of normal.
BySirhcThe gold-silver ratio sometimes colors what a precious metals trader would like to be long or short. WATCH VIDEO
Inflation Hedging in Strategic Asset Allocations: Gold or Something Else?
BySirhcSource: By Roberto Croce, Head of Risk Parity and Alternative Risk Premia, Newton Investment Management North America LLC. INTRODUCTION Inflation hedging is of particular interest to investors today, as recent consumer price inflation numbers show inflation rising faster and higher than at any time since the global financial crisis more than a decade ago. In this paper…