Yahoo! Finance: SI=F News
Equities continue to beat bitcoin’s performance, but everything is making gains Monday.
The post Market Wrap: As Stocks Rally, Bitcoin Trades Above $9.3K for the First Time in 10 Days appeared first on WorldSilverNews.
Author: Gold News Club
Kitco News
(Kitco News) – Gold is likely to have another solid quarter after it wrapped up Q2, up more than 14% since the start of the year, according to TD Securities.
The post Gold to perform well in Q3, on track to $2,000 by late-2021 — TD Securities appeared first on WorldSilverNews.
Silver Price – BingNews
Gold prices on Tuesday fell to Rs 48,100 from Rs 48, 320 per 10 gram, while silver climbed to Rs 49,600 from Rs 48,510 per kilogram, according to Good Returns website. Gold jewellery prices vary …
The post Gold price falls to Rs 48,100 per 10 gm, silver is Rs 49,600 a kg appeared first on WorldSilverNews.
Silver Price – BingNews
The silver markets rallied a bit on Monday to kick off the week, reaching towards the $19 level. We still have the same resistance to deal with.
The post Silver Price Forecast – Silver Markets Continue to Stretch Higher appeared first on WorldSilverNews.
Categories
COT Silver Report – July 06, 2020
COT Silver Report – July 06, 2020
COT Silver Report – Positions as of 30 June, 2020
Silver COT Report
Mon, 07/06/2020 – 15:37
Ronni Stoeferle: If You Like Gold, You Have To Love Silver
As government financials deteriorate at an accelerating rate, while central banks print faster than ever, not surprisingly, there’s a lot of attention on the gold market.
Although if you think gold is going to do well, you almost have to love silver. Which Ronni Stoeferle of “The In Gold We Trust Report” joined me on the show to talk about.
Chris Marcus
Mon, 07/06/2020 – 09:40
Silver Price ‘Set to Top $20’ as Investment Eats Market Surplus, Gold/Silver Ratio Seen Falling Further | Gold News BullionVault
Silver Price Forecast – Silver Markets Continue to Stretch Higher FX Empire
CNBC/Keris Lahiff/7-2-2020
“’As real yields continue to move lower, it makes gold more attractive,” said [MKM Partners’ JC] O’Hara. “We plotted gold along with real yields and that’s the spread between the U.S. 10-year yield less the 10-year breakeven rate. … Yields have been negative and declining for the majority of 2020, and we see no end to that trend for the foreseeable future.’ That tailwind could lift gold as high as $1,900, says O’Hara, implying nearly 7% upside.”
USAGOLD note: The Fed has said it will keep rates near zero to “at least 2022” [CNBC – 6/10/20]. If that be the case, gold has a long way to go with the wind in its sails.
BloombergOpinion/Niall Ferguson/7-5-2020
“Yet that view attaches too much importance to the change in U.S. foreign policy since 2016, and not enough to the change in Chinese foreign policy that came four years earlier, when Xi Jinping became general secretary of the Chinese Communist Party. Future historians will discern that the decline and fall of Chimerica began in the wake of the global financial crisis, as a new Chinese leader drew the conclusion that there was no longer any need to hide the light of China’s ambition under the bushel that Deng Xiaoping had famously recommended.”
USAGOLD note: Insights from historian Niall Ferguson on what happened to U.S.-China relations and what we might expect in the future. A lengthy, important read on the developing new Cold War with China that Ferguson sees as “inevitable and desirable.”