Silver Has Potential For 50% Rally - Bloomberg Intelligence

Silver Has Potential For 50% Rally - Bloomberg Intelligence

Fundamentals are in place for precious metals, especially silver, to significantly break out of current trading ranges, according to a report from Bloomberg Intelligence.  The report said that silver has a history of lagging its industrial metals companions and can rally as much as 50% by simply “catching up.”  
August 27, 2018 0 Comments
Silver Is 'The Best Buy' Right Now - Wells Fargo

Silver Is 'The Best Buy' Right Now - Wells Fargo

After a major sell-off, precious metals are a cheap buy for long-term investors, according to Wells Fargo Investment Institute, which highlighted silver as the best investment choice at the moment.   “At the top of our commodity buy list are metals, especially precious metals. Silver looks to be the best buy,” Wells Fargo Real Asset Strategy head John...
August 23, 2018 0 Comments
Perth Mint launches first gold-backed ETF on NYSE

Perth Mint launches first gold-backed ETF on NYSE

The Perth Mint, Australia’s largest precious metals refinery, depository and mint, on Wednesday announced a new gold-backed exchange-traded fund (ETF) with a low-price management fee, entering the field of lower-cost competitors on the New York Stock Exchange.
August 16, 2018 0 Comments
Why the Worlds’s Central Banks Hold Gold– In Their Own Words

Why the Worlds’s Central Banks Hold Gold– In Their Own Words

Collectively, the central bank sector claims to hold the world’s largest above ground gold bar stockpile, some 33,800 tonnes of gold bars. Individually within this group, some central banks claim to be the top holders of gold bullion in the world, with individual holdings in the thousands of tonnes range.
August 15, 2018 0 Comments

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