Silver Price Fixing Scheme Costs Deutsche Bank $38 Million

Posted filed under Silver Price News.

deutsche-bank-silver-price-fixing

With its agreement to pay a fine of $38 million, Deutsche Bank provided final vindication to many people who buy gold and silver. 1 There has long been concern over the way silver prices sometimes do not move the way trends would predict, leading to claims of market manipulation. Lawsuits Bring Settlements A number of… Read more »

Price of Silver Weekly Recap: November 7 – November 11, 2016

Posted filed under Silver Price News.

silver price recap

Silver followed gold’s lead during this charged week of presidential election results in the U.S. Monday’s silver price was down to $18.20 per ounce after Hillary Clinton was cleared of any potential allegations related to her use of a private email server. The dollar rose, putting pressure on precious metals. Once it was clear that… Read more »

Price of Gold Weekly Recap: November 7 – November 11, 2016

Posted filed under Gold Price News.

gold price recap

This week was tumultuous for gold, and the country, as the U.S. presidential election results came in. Gold was down to $1,280 per ounce Monday after the FBI found no new evidence to press charges against presidential nominee Hillary Clinton for her use of a private email server. The price of gold turned lower Tuesday… Read more »

Trump’s Victory Is a Big Win for Gold

Posted filed under Consultants Corner.

donald-trump-presidency-gold

This year’s unprecedented election has finally wielded results: In an astounding move by the American public, billionaire non-politician Donald Trump, famous for his gruff approach on the reality TV show “The Apprentice” and his love of gold, has just been elected President of the United States. Trump’s platform has been heavily built on disrupting the… Read more »

The Fed’s Low Rates Hurt Retirement Portfolios

Posted filed under Financial News.

federal-reserve-surprises

The global marketplace is in the midst of a “grand experiment” that has totally unknown consequences. It is no surprise that even more analysts are now realizing it is time to assess the ultimate impact of turning our financial existence over to politicians and central banks. The Power of Fiat: Create and Destroy The global… Read more »

Price of Gold Weekly Recap: October 31 – November 4, 2016

Posted filed under Gold Price News.

gold price recap

In the final week before the election, gold prices opened around $1,275 per ounce and rose above $1,300 per ounce by the end of the week. The markets generally fell on Monday on news of the continued investigation into Hillary Clinton’s emails, stabilizing gold. Though it’s generally understood that a Trump victory would be better… Read more »