The bullion market has slowed down during the past three months: during February gold declined by 1.67%, during March by 2.3% and during April by 0.42%. Silver hasn’t done any better. The recent FOMC meeting didn’t affect Precious Metals at…
Bernanke gave a speech today titled: “Recent Developments in the Labor Market”; he referred to the current situation in the labor market and stated “despite the recent improvement, the job market remains far from normal”; this speech rekindled the speculation…
Following the rally of gold and silver prices during January, the sentiment has changes vis-à-vis gold and silver as both of their prices have slowed down and didn’t perform well during the last couple of months; furthermore, gold and silver…
The FOMC pledged a couple of months back to keep the currently low interest rates at least until late 2014. Will the Fed keep its pledge at all cost? What might trigger the Fed to flip-flop on its pledge and…
As expected there weren’t any major headlines coming out of the recent FOMC meeting, which was the second Federal Open Market Committee meeting for 2012. The Fed stated it sees signs of recovery in the U.S. economy in recent month…
Following the sharp gains for gold and silver prices during January when gold price rose by 11% and silver by 19.15%, the situation in February was much different. Gold price increased by only 2.07% from the end of January; silver…
I have already written and posted my projections for silver price in 2012 along with an analysis for the major events that affected its development during 2011. In this post I will examine the potential outcomes of silver price during…
I have already referred to the relation between the expansion of U.S. Monetary base and the development of gold price. As the U.S. Monetary base expands, the price of gold tends to rise as well. Can we use this relation…
Gold and silver prices changed direction very sharply throughout 2011: despite the sharp gains of gold and silver prices up until September, precious metals prices changed direction during the last quarter of the year and plummeted in a very short…
Gold and silver prices changed direction several times yesterday but eventually didn’t do much and only slightly changed. The recent FOMC meeting didn’t bring much news as there were no announcements of a new stimulus plan. The market didn’t react…