In the midst of what’s been one of the more exciting stretches in gold and silver price movement, perhaps Friday’s activity was one of the wildest days yet. Gold soared to within shouting distance of the $2,450 level, while silver was pennies away from reaching the $30 level, before a stunning reversal that saw gold drop $80 and silver fall $2 before the close. Despite the 2 month rally that brought the metals to those levels, the selloff left many precious metals investors a bit shaken. So in today’s show, in addition to covering the news of Iran’s attack on Israel over the weekend, Vince als ..read more

Day after day, gold reaches new highs. Silver, just crossing $29, is only now starting to catch up. The miners are still extremely cheap relative to the price of the precious metals that they mine, so while this rally in mining stacks has been nice, it is not that impressive. But it will be. Once silver crosses $30, Rafi Farber thinks we’ll be back in 1979, when the dollar almost collapsed last time. This time, though, it won’t be almost. It will just be. That’s because 93% of the value of the dollar is backed by debt that is quickly losing value as interest rates rise. That means, if they hik ..read more

Another day, another new all-time high in gold. As well as another dollar higher in silver. Maybe this is a little bit what it felt like to own Bitcoin over the past few years. Gold is now over $2,400, while silver has broken the $29 level, and the lack of any sort of pullback in the past few weeks, as well as the metals rallying while the dollar index is up over 2 points since the CPI report make the move even more stunning. And in today’s show, Vince looks at what keeps driving the metals higher on an almost daily basis lately, as other conditions in the world are increasingly less ideal. To ..read more

We talk a lot about how the Silver Institute has shown the #silver market in a deficit over the past few years, while the silver inventories around the globe have been trending lower. Yet now we’re seeing the banks talking about it to their institutional clients, with TD securities even going as far as to warn of the next Silver Squeeze. This is a sign that the dynamics in the market aren’t getting noticed just by the silver bugs on YouTube, but are now being broadcast to the larger institutions that have the buying power to make a sizeable impact. So in today’s call, I talked with Steve Cope ..read more

Silver is trading close to the level where it was infamously ‘tamped down,’ and we’re starting to see more of the banks talking about it in the reports they send to their institutional clients. At the same time, silver has also formed a head and shoulders pattern, which Vince believes is an indication that the $30 level is within reach. So in today’s show he digs into the bank coverage of silver and what he’s seeing in the technicals, along with a run through the news and how to interpret this morning’s CPI figure. To find out more, click to watch the video now ..read more

Throughout the ongoing gold and silver rally, we’ve heard plenty about how much gold China is buying. But have Americans been a part of the buying yet? In today’s show, Andy Schectman returns from his vacation to give an update on the conditions in the US retail precious metals conditions, and he talks about how it hasn’t been Americans driving the rally. Which matches what we’ve seen in the gold and silver ETFs, and leaves another potential source of demand if the American outlook changes. Andy also talks about the latest premium levels and the other news driving the metals. And to find out m ..read more

The gold price hit another new all-time high last night, in what’s almost become a daily occurrence in this stunning rally over the past 2 months. This has left Citi trying to keep up, as they once again raised their gold and silver price targets. So Vince takes a look at the latest movement in the precious metals pricing, analyzes the key comments from the Citi report, and goes through the rest of the news affecting the metals and markets. To find out more, click to watch the video now ..read more

In recent days we’ve seen divergence between the precious metals and stocks, a rise in bond yields, and continued worries that inflation is headed higher again. Which has Bloomberg warning of a stock market crash similar to 2007-2008, which may be the foundation for a move in the gold price towards $3,000. So Vince checks in this morning to consider whether that’s a realistic outcome, and what he’s seeing in the markets that have been driving the precious metals over the now month and a half rally. To find out more, click to watch the video now ..read more

In the middle of a period where the gold and silver markets have been trading in a manner unlike what many have seen over the past 20 years, Sunday night’s open in the Far East was another shocker. Following Friday’s reversal, where gold and silver prices soared in the face of a significantly better-than-expected labor report (at least based on the government’s often ‘generous’ numbers), both metals gaped lower on the open Sunday night. Yet a few hours into the session, they spiked again. Gold dropped $25 before shooting $40 higher, while silver was down almost 50 cents, but then just a few ho ..read more

With gold at new highs and silver finally starting to catch up, it sure looks like we’ve been in an impressive rally for the precious metals. But looks can be deceiving. What this actually is, is a commodities rally across the board, and a signal that price inflation is picking up again as the world descends into war. This explains why gold and silver mining stocks haven’t performed all that well even as the metals move significantly higher. It’s because all other commodities are as well, and this keeps profit margins suppressed for the miners. But that will soon change, as an inflationary cri ..read more