2019 Looks Bullish for Silver
Last year was tough for silver with lower demand muting prices. But the Silver Institute is bullish on the white metal for 2019, projecting a rebound in demand coupled with lower mine output.
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Last year was tough for silver with lower demand muting prices. But the Silver Institute is bullish on the white metal for 2019, projecting a rebound in demand coupled with lower mine output.
The SchiffGold Friday Gold Wrap podcast combines a succinct summary of the week’s precious metals news coupled with thoughtful analysis. You can subscribe to the podcast on iTunes.
Global gold demand grew by 4% in 2018, driven by a multi-decade high in central bank buying, according to the World Gold Council’s Gold Demand Trends 2018 Report. Gold demand came in at 4,345.1 tons in 2018. That was up from 4,159.9 tons the previous year. This was in line with the five-year average growth.
Peter Schiff recently participated in the Ultimate Gold Panel at the Vancouver Resource Investment Conference. Hosted by Daniela Cambone of Kitco News, the panel delved into a deep discussion about the future of gold based on both historical analysis and current economic trends. Peter is joined on stage by Frank Holmes, Peter Hug, and Roy Sebag. […]
During a speech at the lower house of the Russian parliament, the CEO of the country’s key trading floor suggested Russian investors should replace investments they’ve made in dollars with gold. “Let’s offer an alternative to the US dollar in the form of Russian gold, which we produce… investment gold,” Moscow Exchange (MOEX) CEO Alexander […]
Bitcoin investors are selling cryptocurrency and buying gold, according to a number of investment analysts. “I do think that Bitcoin pulled a little bit of demand away from gold last year, in 2017,” Jan Van Eck told CNBC’s ETF Edge last week. “Interestingly, we just polled 4,000 bitcoin investors and their number one investment for 2019 is […]
The SchiffGold Friday Gold Wrap podcast combines a succinct summary of the week’s precious metals news coupled with thoughtful analysis. You can subscribe to the podcast on iTunes.
Peter Schiff recently sat down with Daniela Cambone on Kitco News and talked about gold, the phony government shutdown, and his track record on economic forecasting.
A couple of days ago, CNBC commentator Jim Leventhal made a pretty astounding comment. When asked about gold, Leventhal said he had no interest in it because gold has no uses as a metal. No uses? What?
US stock markets had a strong week last week. The Dow Jones capped it off gaining more than 300 points on Friday. Optimism about a trade deal with China along with increasing expectations that the Federal Reserve will slow the pace of interest rate hikes buoyed the markets. This has led many pundits to declare […]