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By Jon Forrest Little, Money Metals Exchange Last week, Citigroup analysts published a report calling for silver to reach $30 per ounce within 9 months.Could Citigroup be exaggerating or on target?...
By Clint SiegnerFiscal hawks weren't optimistic when Kevin McCarthy was elected Speaker of the U.S. House. The California Republican's track record was dismal when it comes to spending restraint....
Warren Buffett famously said to “buy when there is blood in the streets”. Whilst the cobbles aren’t a wet red yet, there are a lot of analysts that would love you to believe it is. First off the...
Despite the permalbulls oozing with overconfidence, we warned on May 5 that their discourteous behavior is often a precursor to a reversal. We wrote: The crowd remains immensely confident, which is a...
Silver jumped 2.8% on Friday, an important signal of the end of the bearish momentum that has seen the price fall by more than 13% in three weeks.Although silver is resting on Monday along with most...
The gold and silver Commitments of Traders indicated a potential for a coming decline in gold, silver and the gold miners. A correction, not the end of the bull phase by this sentiment measure. CoT...
Jordan Roy-Byrne, Founder and Editor of The Daily Gold, reviews some of the technical support levels he is watching for in gold, silver, and precious metal mining stocks, as the sector continues to...
Gold price at $2100 after default or US spending review? Despite a slight increase, the price of gold still remains below $2,000 an ounce, not yet enough to reverse the three-week downward...
President Joe Biden will meet with House Speaker Kevin McCarthy on Monday to hold high-stakes talks on the still-unresolved debt ceiling standoff. Both sides agree that the government will need to...
After support became resistance, are lower prices ahead, or is this just a cooling-off period? While the crowd crowned silver the new king of the financial markets, we warned on Apr. 28 that a turning...
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