Price of Silver Weekly Recap: January 2 – January 6, 2017

Posted filed under Silver Price News.

silver price recap

The new year opened with a strong start for silver trading: Tuesday’s silver prices jumped from $15.91 to a daily high of $16.42. 1 After a series of adjusting trades, the silver price chart showed an increase to $16.47 on Wednesday; this trend continued into Thursday, with the price of silver peaking at $16.69. The week… Read more »

Price of Gold Weekly Recap: January 2 – January 6, 2017

Posted filed under Gold Price News.

gold price recap

The start of 2017 was marked by strong gold buying, resulting in a week of steady gold price increases. With the market opening a day late in observance of the New Year’s holiday, gold price charts early on Tuesday reported $1,147.05. Buying intensified, sending gold prices to a weekly high of $1,182.55 on Wednesday. Profit… Read more »

Why Central Banks and Inflation Are Best Friends

Posted filed under Consultants Corner.

Nations created and now rely upon central banks to manage their financial health. Central banks attempt to accomplish this objective with something called “monetary supply,” or the availability of the nation’s currency in the marketplace. In addition to this modern tool, countries have the traditional fiscal power of spending and taxation. The Grand Financial Experiment… Read more »

The Relationship Between National Debt & Precious Metals Prices

Posted filed under Gold Price News.

With the world now in the maturing stages of the “Great Fiat Currency Experiment,” there is growing debate about the consequences of unsustainable government deficit spending. The focus of the argument is whether the outcome of the staggering levels of global debt will be as benign as the economic theories that created it or as bleak… Read more »

Price of Gold Weekly Recap: December 26 – December 30, 2016

Posted filed under Gold Price News.

gold price recap

The markets experienced a short trading week, with the U.S., U.K., Australian, European, and other major exchanges closed on Monday in observance of the Christmas holiday. Gold opened at a price of $1,142.02, largely as a follow-up to the dollar index. The U.S. dollar lost some of its momentum from the previous Friday, moving back… Read more »

Price of Silver Weekly Recap: December 26 – December 30, 2016

Posted filed under Silver Price News.

silver price recap

Silver trading was erratic at the start of the short holiday week: Tuesday opened with prices at $15.74, and they jumped to $16.02 before falling to $15.85. By Thursday, silver spot prices climbed to $16.19. A series of government reports on consumer data, jobs, and housing starts seemed to have little impact on trading, and… Read more »