Free Archive
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April 20, 2024 – Weekly Review
Gold prices closed higher for the week by $46 (2%) and at new all-time weekly closing highs, while silver tacked on 72 cents (2.6%) to close at what looks like 11-year highs. As a result of silver’s slight relative outperformance,...
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April 17, 2024 – The Biggest Loser
I have tried to stick to the facts that can be substantiated when it comes to the developing financial circumstances as a result of the recent sharp price gains in gold and silver. First and foremost, among those financial results...
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April 13, 2024 – Weekly Review
On a weekly closing basis, the price performance in gold and silver looked fine, as gold closed up by $15 (0.6%) and yet another all-time weekly price high, while silver ended 50 cents (1.8%) higher to close at three-year highs. ...
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April 10, 2024 – Tilting Towards a Price Melt Up
In trying to objectively evaluate whether silver prices will undergo a sharp selloff or a price explosion (or both), following the sharp rally of recent weeks, let me attempt to include the factors on either side of the equation, starting...
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April 6, 2024 – Weekly Review
It was yet another standout week for gold and silver price performance, as gold rocketed higher by $91 (4%) to fresh all-time highs, while silver jumped by $2.40 (9.6%) to near three-year highs. As a result of silver’s relative outperformance,...
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April 3, 2024 – Still On the Edge
I received an email from an old Drexel Burnham friend the other day, in which Bill pointed out that with gold making new all-time price highs, it meant that anyone short gold had a loss of some type. And with...