Price of Silver Weekly Recap: March 6 – March 10, 2017

Posted filed under Silver Price News.

silver price recap

After opening Monday at the week’s high of $17.87, silver prices pulled back due to signals of a strengthening U.S. economy. By Wednesday’s close, the silver price chart reported that an ounce of silver was selling for $17.25, and it dropped another $.20 by Friday to close at $17.05. News of rising U.S. interest rates and… Read more »

Price of Gold Weekly Recap: March 6 – March 10, 2017

Posted filed under Gold Price News.

gold price recap

The gold price chart reported an opening of $1,231.60 on Monday. Gold prices pulled back to $1,225.06 on Tuesday and $1,208.55 by the close of Wednesday. This trend continued into after-market trading on Thursday, when the yellow metal sold for $1,195.89. However, Friday saw support return, and the price of gold closed above the psychologically important… Read more »

Arizona Bill Could Make Gold and Silver Legal Tender

Posted filed under Gold and Silver News.

arizona gold and silver law

“If you want to have liberty and limit the size of government, you have to have honest money.” –Ron Paul UPDATED 5/30/2017: The Arizona Senate passed HB2014 on May 10, 2017, and Governor Doug Ducey signed the bill into law on May 22, 2017. In a move that has gained widespread attention, the Arizona Senate… Read more »

How the Collapse of the European Union Could Impact Gold

Posted filed under Consultants Corner.

european union collapse

The horrors of two devastating world wars motivated the nations of Europe to seek a lasting form of peace. The result, based on several treaties and interim organizations, was the European Union, which totaled 15 nations by 1995. On January 1, 1999, these nations migrated to a newly created currency, the euro. 1 Today, many analysts assert… Read more »

Price of Silver Weekly Recap: February 27 – March 3, 2017

Posted filed under Silver Price News.

silver price recap

After peaking at $18.46 on Monday, silver prices moved in a narrow range while traders awaited the president’s speech and news about planned economic policy changes. Amid mild reactions to the speech, steady buying sent the price of silver to $18.43 on Wednesday. The silver price chart reported a small pullback on Thursday, with the… Read more »

Price of Gold Weekly Recap: February 27 – March 3, 2017

Posted filed under Gold Price News.

gold price recap

Trading in gold was heavily influenced last week by U.S. political and economic activity. Despite a Monday opening price of $1,257.40 and an early peak for the week of $1,263.10, gold prices adjusted slightly back to $1,257.20 on Tuesday and $1,249.81 on Wednesday. The gold price chart reported that the yellow metal was selling for… Read more »