Gold and Silver Forecast for October 20 -24

The cool down in the U.S. equities and the weakness of the U.S. dollar against the leading currencies have provided the proper environment to slowly bring back up gold and silver. Will this slow recovery last? This week’s U.S. economic…

Financial Market Forecast for October 20-24

The recent weakness in the U.S. equities lead the news cycle as its also coincided with selloffs of U.S. dollar and recovery of precious metals. This week, several key reports will be released including: U.S. CPI, U.S. new home sales,…

Is GLD on the Road to Recovery?

SPDR Gold (GLD) changed direction and bounced back in the past several days. Will GLD continue to recover? Let’s examine the latest developments in the U.S that may shed some light on the further progress of GLD starting with the…

What Brought Down Oil Prices?

United States Oil (USO) tumbled down again in the past few months and reached its lowest level this year. Also, the price of WTI oil plunged by over 10% this month (up to date) to $82. Will prices keep coming…

What Is Next for SLV?

Shares Silver Trust (SLV) bounced back in the past week as the silver ETF rose by 3.2%. The latest news from the FOMC, the progress in the U.S dollar and changes in the treasuries market could provide some indication about…