What 2020 Signals about Gold and Silver in 2021

What 2020 Signals about Gold and Silver in 2021

But the best performing precious metal for 2020 was silver, up 46.8%. It even outperformed the tech-heavy Nasdaq, home to many stocks that benefited from the virus fallout.
January 7, 2021 0 Comments
Silver Shines, Says Citi, Tipping A 60% Price Rise

Silver Shines, Says Citi, Tipping A 60% Price Rise

But the bank does not stop at a 605% silver rally. It also argues that there is a technical case for silver doubling $50/oz, and potentially rising four-fold to $100/oz.
December 18, 2020 0 Comments
The U.S. Dollar Is Set for More Downside

The U.S. Dollar Is Set for More Downside

What are the charts telling us? After posting a “double top” in the 103 area, the U.S. Dollar Index broke 17-year trendline support when it closed below 92 on Nov. 27. My work projects further weakness toward the 85 area.
December 7, 2020 0 Comments
Exclusive: JPMorgan dominates gold market with record $1 billion precious metals revenue

Exclusive: JPMorgan dominates gold market with record $1 billion precious metals revenue

LONDON (Reuters) - JPMorgan has earned record revenue of around $1 billion so far this year from trading, storing, and financing precious metals, vastly outperforming rival banks, two sources familiar with the matter told Reuters.
November 24, 2020 0 Comments

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