Is China Metals’ Best Friend?
Looking at how the “Gold market turns to China for support,” Tim Iacono recaps a flurry of activity in Asia last week that sent precious metals’ prices up and then down, but argues that “without a...
View ArticleMetals Gain on China, ECB News
After gold and silver futures gained 1.4% and 2.2% respectively on Thursday, one analyst told MarketWatch that “Trade numbers from China overnight suggests demand in the world’s second largest economy...
View Article‘Dumb’ Metals Sell-Off Spells ‘Opportunity’
“Based on the Fed’s track record of predicting the future, this has to have been one of the dumbest reasons to sell gold and silver in recent years,” declares Tim Iacono, about the sell-off following...
View ArticleLBMA 2013 Gold and Silver Forecast
The London Bullion Market Association (LBMA) has published its 2013 forecast, with contributors predicting an average gold price of $1,753 for the year and an average silver price of $33.21....
View ArticleGold and Silver Seen Rebounding
Investor’s Business Daily offers up five reasons why the “Gold, silver sell-off may be short-lived,” and Bloomberg reports that according to its weekly survey of traders, gold is seen rallying, as...
View ArticleChinese Gold Demand Pops; American Eagles Soar
Gold’s biggest gain in a week was attributed to Chinese demand and demand for U.S. coins. Gold imports by China from Hong Kong almost doubled from October to November, and on Monday, the Shanghai Gold...
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