Categories
Silver

Interview with Peter Spina: Is It Time To Give Up On Silver and Gold?

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With stocks like Tesla setting new astronomical highs, almost by the day, while gold and silver continue to get pounded by the bullion banks, is it time to finally give up on the precious metals?

If you’ve been invested in gold and silver over the past few years, there’s a good chance that question has entered your mind. Although perhaps that’s why I was so fortunate to have Peter Spina (who runs GoldSeek and SilverSeek) join me on the show to share his always insightful perspective.

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Peter Spina: Is It Time To Give Up On Gold and Silver

With stocks like Tesla setting new astronomical highs, almost by the day, while gold and silver continue to get pounded by the bullion banks, is it time to finally give up on the precious metals?

If you’ve been invested in gold and silver over the past few years, there’s a good chance that question has entered your mind. Although perhaps that’s why I was so fortunate to have Peter Spina (who runs GoldSeek and SilverSeek) join me on the show to share his always insightful perspective.

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Categories
Gold

Dollar defies detractors with its strongest start in 5 years

Bloomberg/Susanne Barton/2-15-2020

“The U.S. currency is having its best start to a year since 2015, defying the expectations of many forecasters and potentially adding global growth headwinds.”

USAGOLD note:  Both the dollar and gold have gained thus far this year on the capital flow to safe havens.  Bloomberg reports that the dollar is up 1.9% since the end of December.  Gold is up 4.4% during the same period. It is not often that the dollar and gold are traveling companions, but they have been since early 2019 as shown in the chart below.

overlay chart showing gold and U.S. Dollar Index rising

Categories
Gold

Goldman bullish on gold

Bloomberg/VideoInterview/2-13-2020

graphic image of green arrow pointing upUSAGOLD note:  Goldman’s Jeff Currie says geopolitical risks, the availability of surplus savings and de-dollarization remain the most important driving forces behind gold’s appeal.

Categories
Gold

Why These Gold Stocks Surged Today, and What Every Investor Needs to Know – Motley Fool

Why These Gold Stocks Surged Today, and What Every Investor Needs to Know  Motley Fool
Categories
Gold

Maryse BĂ©langer Joins Pure Gold Mining Board of Directors – Yahoo Finance

Maryse Bélanger Joins Pure Gold Mining Board of Directors  Yahoo Finance
Categories
Gold

Gold miners need to get bigger to get noticed by generalist investors – Kitco NEWS

Gold miners need to get bigger to get noticed by generalist investors  Kitco NEWS
Categories
Gold

Gold tops $1,600 an ounce – Elko Daily Free Press

Gold tops $1,600 an ounce  Elko Daily Free Press
Categories
Gold

Exclusive: Chinese Consortium Ecuagoldmining Opens Dispute With Ecuador Over Halted Mine – The New York Times

Exclusive: Chinese Consortium Ecuagoldmining Opens Dispute With Ecuador Over Halted Mine  The New York Times
Categories
Gold

Gold price pushes above $1600, what’s next? – Kitco NEWS

  1. Gold price pushes above $1600, what’s next?  Kitco NEWS
  2. Why gold prices topped $1,600 and may soon hit a more than 7-year high  MarketWatch
  3. Gold back above $1,600/oz as Apple’s virus warning lifts safety demand  CNBC
  4. Gold eases as drop in virus cases lifts risk appetite  Nasdaq
  5. Gold hits 1-month peak as Apple virus warning stifles risk appetite  Economic Times
  6. View Full Coverage on Google News
Categories
Gold

Gold, silver prices power higher on safe-haven bids amid coronavirus uncertainty – Kitco NEWS

Gold, silver prices power higher on safe-haven bids amid coronavirus uncertainty  Kitco NEWS