The gold-silver ratio is finally getting back to some semblance of normal.
The gold-silver ratio sometimes colors what a precious metals trader would like to be long or short.
The gold-silver ratio sometimes colors what a precious metals trader would like to be long or short.
It ain't political, it's structural: End the Fed, impose some external budget constraint. Until then, we uniparty right off the fiscal cliff. https://t.co/0VBEMsQdef — Peter St Onge, Ph.D. (@profstonge) April 20, 2023
Authored by Adam Taggart via PeakProsperity6.com, Central banks are killing our currency to protect the already-rich… In our recent article It’s Time To Position For The Endgame, Chris Martenson explained how the US Federal Reserve and its sister central banks around the world have been engaged in the largest and most egregious wealth transfer in all…
Silver faced resistance at $23.25 and pulled back closer to $22.50. Silver Pulls Back After The Major Upside Move Silver made another attempt to gain momentum above $23.00 but faced resistance at $23.25 and pulled back as the U.S. dollar started to rebound against a broad basket of currencies while gold gained some ground in…
KEY POINTS Citi Private Bank strategists predicted a weaker dollar ahead, given that a Biden administration would reduce uncertainty in international trade policy. Following projections over the weekend that Joe Biden has won the U.S. presidential election, the dollar continued diving sharply, while Asian currencies strengthened. JPMorgan Private Bank’s Adam Margolis said the theme at…
GOLD TALKING POINTS The price of gold attempts to retrace the decline from the beginning of March as the US 10-Year Treasury yield pulls back from a fresh yearly high (1.62%), but key market themes may keep the precious mental under pressure as the Federal Reserve appears to be in no rush to alter the path for monetary policy. FUNDAMENTAL FORECAST FOR GOLD: BEARISH…
Source: | 12/19/2022 4:39:21 AM GMT | By Anil Panchal Silver price fades bounce off 10-DMA, grinds lower of late. 61.8% Fibonacci retracement level, impending bear cross on MACD favor sellers. Six-week-old ascending trend line acts as the key support. Silver price (XAG/USD) fade the previous day’s recovery to around $23.25 during early Monday. In doing so, the…