The gold-silver ratio is finally getting back to some semblance of normal.
The gold-silver ratio sometimes colors what a precious metals trader would like to be long or short.
The gold-silver ratio sometimes colors what a precious metals trader would like to be long or short.
Courtesy of ZeroHedge by Tyler Durden Tue, 10/08/2019 – 14:25 Update: Fed Chair Powell appears to have announced QE4 (but do not call it QE4!): Discussing the liquidity shortage and repo-calypse, Powell said: … While a range of factors may have contributed to these developments, it is clear that without a sufficient quantity of reserves in…
PUBLISHED FRI, MAY 5 20237:29 AM EDT Elliot Smith@ELLIOTSMITHCNBC Demand for gold among central banks notched a first-quarter record high in the three months to the end of March as overall global demand painted an otherwise “mixed picture,” according to the World Gold Council. Gold prices broke through the $2,000 per ounce barrier this week and…
LONDON, Feb 10 (Reuters) – Platinum, palladium and rhodium used by the auto industry to filter emissions from engine exhausts were all in short supply last year, data from specialist materials firm Johnson Matthey showed on Wednesday, as prices for the metals soared. Supply shortfalls have driven rapid price gains, with platinum trading at six-year…
◆ Bridgewater’s co-chief investment officer Greg Jensen told the Financial Times that gold prices could rally to $2,000 an ounce. ◆ The manager from the world’s biggest hedge fund cited increased income inequality in the U.S. and rising tensions with China and Iran as uncertainties that will prompt more safe-haven buying. ◆ Jensen also believes the Federal…
KEY POINTS The U.S. dollar has been the world’s major reserve currency for decades, but that status could come under threat as “very powerful countries” seek to undermine its importance, warned Anne Korin, from the Institute for the Analysis of Global Security. Korin says China, Russia and the European Union are some “major movers” behind…
Commerzbank technical analysis on gold is looking for it towards $2000: is on course for the 1921.50 September 2011 high there is room for an overshoot to the top of a 49-year channel at 1983.00 … our long-term target … should hold the initial test and provoke some profit taking Forays above 2000 are expected…