eCoin News

Today’s AM fix was USD 1,377.00, EUR 1,070.01 and GBP 904.32 per ounce. Yesterday’s AM fix was USD 1,412.25, EUR 1,094.51 and GBP 926.67 per ounce. Key gold demand and supply statistics for Q1 2013 • First quarter gold demand of 963t was down 13% compared with Q1 2012. • The value measure of gold [...]

Gold Price News

Gold prices have started the week weaker in the southern hemisphere, dropping around .00 to trade at 29.00/oz, despite the amount of physical buying that is taking place the paper market still calls the shots, for now at least. After what looks like a capitulation gold prices did bounce back, however, they have failed to [...]

Unfortunately, there is not, that I can see, a simple pattern that predicts the next high or low in the price of silver. Markets seldom make it that easy. However, there are patterns that provide valuable information to help illuminate the “big picture” perspective of where the current price of silver lies in the up-down-up-down [...]

The 70s silver bull took place during a period from a major peak in the Dow/Gold ratio (1966) to a major bottom in Dow/Gold ratio (1980). The silver bull market started in 1971 and ended at the beginning of 1980. The current silver bull market also started after a major peak in the Dow/Gold ratio [...]

Global central banks have clearly demonstrated the ability to re-inflate stock and real estate bubbles. Global stock markets are roaring ahead of their economies and real estate prices are quickly rebounding from their recent collapse. However, rock-bottom interest rates and massive money printing have yet to show an aptitude for creating sustainable GDP growth. The [...]

As I write this email, gold is down more than 3% for the morning of Friday, May 10. Major pullbacks like Friday’s are often followed by big bounces, but as gold and silver threaten to breach the recent April lows, many investors have an important question in mind: The Market Oracle

Tony Daltorio writes: Thanks to the hit gold prices took in mid-April, other precious metals also got caught in the downdraft – but some still look to be among the best investments of 2013. Take platinum, for example. It is currently trading at about ,500 an ounce, well off its 52-week high of ,734 an [...]

SPOT MARKET gold bullion prices fell to two-week lows Friday, drifting lower towards 40 an ounce during this morning’s London session before dropping sharply through that level, as stocks gained and most commodities fell as the Dollar strengthened against major currencies. Silver fell to .34 an ounce, while copper prices ticked higher. "The risk [for [...]

T.S. Eliot called April “the cruelest month” in his famous poem, and without a doubt April was cruel to many gold investors. Sunshine Profits subscribers who followed our suggestions in April avoided a share of the pain.  Probably no one suffered more than hedge fund manager John Paulson. He is joined by hedge fund manager [...]