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Trade War Concerns Pressure U.S. Equities and Support Precious Metals
BySirhcGary Wagner Thursday February 07, 2019 18:13 Featuring views and opinions written by market professionals, not staff journalists. Commentaries & Views Share this article: The Chinese markets might be closed this week, however concerns about the continuation of our looming trade war continues. Resulting in U.S equities closing sharply lower today and as of 4:30 PM…
Goldman Sachs has a new blowout forecast for gold
BySirhcCritical information for the U.S. trading day A weaker day is setting up for stocks on Tuesday, as optimism over U.S. stimulus progress and vaccine news starts to fade, and attention turns to the start of a two-day Federal Reserve meeting. The asset that stole the show on Monday, of course, was gold GCQ20, 0.69%, which climbed to…
Merrill Lynch Caught Criminally Manipulating Precious Metals Market “Thousands Of Times” Over 6 Years
BySirhcRemember when it was pure tinfoil-hat conspiracy theory to accuse one or more banks of aggressively, compulsively and systematically manipulating the precious metals – i.e., gold and silver – market? We do, after all we made the claim over and over, while demonstrating clearly just how said manipulation was taking place, often in real time….
Outlook 2023: Will strong demand outlook lead to a rally in silver?
BySirhcSource: The Economic Times | Markets | By Pawan Nahar Synopsis: Silver, other than being a precious metal, has more usage in the industrial sectors and thus, industrial demand also guides its movement. Furthermore, gold also holds influence over silver prices. Silver witnessed a roller-coaster ride in 2022, thanks to increased volatility in the bullion…
Precious Metal ETFs Shines in July
BySirhcAmid rising U.S.-China tensions and worsening COVID-19 crisis, precious metals have become attractive and more appealing to investors. Gold has skyrocketed to an all-time high nearing $2,000 per ounce while silver has jumped to the highest level of nearly $25 in seven years. The weakness in the U.S. dollar against major global currencies also raised…
Gold Strategy
BySirhcInvestors continue to find the Equity markets attractive even with no end in sight to the China and Brexit negotiations. With investors feeling confident that their investments are in good shape, safe haven investments like Gold and Bonds can be overlooked at this time. But let us not forget that in 2018 market sentiment flipflopped…