After several months of lackluster returns, precious metals have recently surged higher. Gold and silver have been performing like they both have something to prove. While some may be quick to label their rise as a comeback story, investors should keep in mind that the safe-havens never truly lost their ... Read More

Second quarter gold demand totaled 990 tonnes, worth an estimated $51.2 billion, according to the World Gold Council’s latest report. This represents a 7 percent decline from the same period last year, and 10 percent from the first quarter. Jewellery demand fell to 418.3 tonnes, while second quarter investment demand, ... Read More

It is no secret that Warren Buffett publicly dislikes gold. Earlier this year, Berkshire’s CEO and largest shareholder reminded investors in a Fortune article that gold has limited industrial demand and even said the precious metal “will remain lifeless forever.” Apparently, the strong distaste for the yellow metal runs throughout the Omaha-based ... Read More

Despite calls for the death of the gold bull market, the precious metal managed to climb $21 higher on Tuesday to settle above the $1,600 psychological level.  The U.S. dollar declined as the euro sustained a move above $1.30.  While many expect today’s European Central Bank loan offering to add ... Read More

Last week, gold futures climbed 1.3 percent on Friday, but still posted a 6.9 percent loss for the week.  It was the biggest decline for gold in three months.  Some were quick to announce the gold bull market dead, but many investors disagree.  Furthermore, actual demand for physical precious metals ... Read More

After a 20% fall in September, the technical picture for gold is improving.  In September, gold touched a record nominal high just above $1,920, but quickly fell to about $1,540.  The move scared speculators and offered a great buying opportunity for those wishing to invest in gold.  Now, gold prices ... Read More

As I write this, the great debt debacle continues.  The House vote on the GOP debt plan, scheduled to take place Thursday night, has been delayed.  The markets finally seem to be pricing in the financial mess in Washington, as the S&P 500(NYSE:SPY) fell 2% on Wednesday, and also closed lower ... Read More