“”silver price”” – Google News
Silver Price Analysis: A bear flag break could offer a good short opportunity FXStreet
The post Silver Price Analysis: A bear flag break could offer a good short opportunity – FXStreet appeared first on WorldSilverNews.
Kitco News
(Kitco News) – The gold market is struggling to find momentum after hitting an all-time high in August and according to one financial analyst, gold prices have room to push modestly higher in the near-term and into year end.
The post Gold price still has some upside potential but not a lot – Natixis appeared first on WorldSilverNews.
Kitco News
(Kitco News) – Gold is not too expensive and it is not too late to get in, the Ray Dalio-led hedge fund Bridgewater Associates LP said in its September report.
The post Bridgewater on gold: ‘It’s wise to hold some of what central banks can’t create more of’ appeared first on WorldSilverNews.
Ted Butler
Thu, 10/01/2020 – 08:25
Clive Maund
Thu, 10/01/2020 – 08:13
Bloomberg/Ranjeetha Pakiam and Elena Mazneva/9-29-2020
“Citigroup Inc. sees demand from the official sector rising to about 450 tons after a drop to 375 tons this year, which would be the lowest in a decade. HSBC Securities (USA) Inc. expects a slight up-tick to 400 tons from an estimated 390 tons in 2020, potentially the second-lowest amount in 10 years.”
USAGOLD note: A short but essential update for current and would be gold owners …… Central bank buying has been down modestly so far this year.
The post Central bank buying to make a comeback in 2021 – Citibank, HSBC first appeared on Today’s top gold news and opinion.
Seeking Alpha/Frank Holmes/9-29-2020
“I’ve already seen numerous headlines questioning whether this is the end of the gold rally. Hardly. Corrections such as this are normal and healthy. They’re a part of gold’s DNA of volatility. During the monster rally of the 2000s that culminated in gold hitting its previous record high of $1,900, there were several significant pullbacks, some of them exceeding 20 percent.”
USAGOLD note: We mentioned in the August edition of News & Views, our monthly newsletter that a whole new grouping of professional investors – pension funds, private wealth management, insurance companies, and sovereign wealth funds – will bring considerable market savvy and purchasing power to the table. One immediate result might be more buying interest on price dips. Another might be a better blend of investment psychology and objectives that could have a settling effect on the market overall. The chart immediately below indicates, as Holmes points out, the presence of a buy the dip mentality.
Chart courtesy of Seeking Alpha • • • Click to enlarge
The post This gold price correction is normal and healthy, says the DNA of volatility first appeared on Today’s top gold news and opinion.
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