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POSTED ON September 9, 2022  - POSTED IN Friday Gold Wrap

This week was the calm before the storm that will begin next week with the August CPI data and continue with the September FOMC meeting the following week. Friday Gold Wrap host Mike Maharrey takes advantage of the lull to cover some interesting topics including some more tough talk on inflation from Jerome Powell, the prospect of the Fed recording its first operating loss since 2023, and silver on sale.

POSTED ON July 12, 2022  - POSTED IN Key Gold Headlines

Silver has dipped below $20 an ounce for the first time in two years. But given silver’s fundamentals, the current economic dynamics, and the trajectory of the Fed, silver appears very oversold.

For the next week, you can take advantage of the lowest silver spot price in years, and we’ll even sweeten the deal with free silver with qualifying orders.

There are three good reasons you should take advantage of silver on sale.

POSTED ON December 15, 2021  - POSTED IN Original Analysis

The silver-gold ratio has climbed back above 80-1. This has historically signaled silver on sale.

As I write this article, the ratio stands at just over 80:1. That means it takes just over 80 ounces of silver to buy an ounce of gold. To put that into perspective, the average in the modern era has been between 40:1 and 50:1.

POSTED ON October 25, 2021  - POSTED IN Exploring Finance

The analysis last month showed that selling exhaustion may be near in the gold market. Since then, gold continues to be range-bound between $1750 and $1800 running up against both solid resistance and support. Meanwhile, silver has shown a mini-breakout.

The $1800 level for gold is in play this week and could open the door for a big move if it gets through it soon.

POSTED ON September 22, 2021  - POSTED IN Key Gold Headlines

The silver-gold ratio has ballooned again, indicating that silver is once again a bargain buy.

During a gold bull market, silver typically outperforms gold. We saw this during the big runup in the price of both metals through the early months of the pandemic. In the third quarter of last year, silver charted its best quarter since 2010, finishing up 27.62% through the three months ending Sept. 30. Going back further, silver spiked 106.6% off its March 2020 low.

POSTED ON June 1, 2020  - POSTED IN Key Gold Headlines

Silver just had its biggest monthly gain in nine years.

The spot price of the white metal went into May at $14.96 per ounce and closed on May 29 at $17.98, a 20.7% increase. Silver futures did even better, with the price of silver for July delivery hitting $18.50 per ounce Friday.

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