Georgi likes all things shiny; gold, silver, platinum an pirate treasure. Fascinated by the commodities market, Georgi uses his trading experience to report on commodities prices. He now works for Hewlett Packard.
Silver has been down 13 straight trading sessions, dropping nearly 13% in the last 2 weeks to oversold conditions not since silver bottomed in late 2015 and a major rally could begin to take shape in the immediate future
With the countries government heavily invested in the oil industry, the price crash that began in 2014 has destroyed their economy. But changing market conditions could mean that the price will fall further. Here is what investors need to know.
Gold had a 10year strong uptrend to $1,900 in 2011, before a 4year drop to $1,040 in Nov 2015. Rallying back to $1,380 last year and now hitting new highs for 2017, the question is: is the trend your friend?
Silver dropped from 2017 highs and this week will see the devils metal testing another inflection point that either sees it rally short term or set up a deeper consolidation ahead of a bigger rally over the summer.
The historical divergence between platinum and gold has occurred for a couple of years now and the eventual correction will make the few investors who recognise the current opportunity a lot of money when it finally occurs.
Gold and silver are up significantly since start of the year signalling that the probabilities have strongly shifted to the bullish side of the market. A breakout is imminent in a market that loves to leave people behind
As the calendar flips to 2017, we look back on a year full of twists and turns, with the extremely improbable being hard swallowed fact. The reaction from metals was notable, and lays the ground for expectations in 2017
it was a certainty that if Trump won, equity markets would crash and gold would be breaking out again. But the exact opposite occurred. Metals are testing below Oct lows, a rally in the making or crash ahead?
Precious metals got hit hard last week, with their biggest drops in over 3 years. Some investors are asking if the bull run is over already, or if this is simply a bear trap in a longer trending bull market?
Yellen's comments last week raised market assumptions of an interest rate rise as early as the next FED meeting in September but whether or not rates rise, gold and silver are set to rise amid global economic and political uncertainty
Had to believe its 6 weeks since Brexit, All the uncertainty in markets drove investors into safe haven investments. With most attention going to gold and silver, many are missing out on the rallies in the less shiny precious metals.
Confidence is slippery. Metals surged higher after brexit as people rushed to safety but as the dust settles, investors face the wall of worry. Is the Bull run over? Or are there signs that the rally is just getting started?
Like Gold, Silver made huge gains in the aftermath of Britain voting to leave the EU. Volatility remains high but as profit taking sets in, silver could be due to drop presenting a possible buying opportunity
Investment in precious metals exploded during the last financial crisis. With the economic environment becoming less certain, people are seeking metals again. But if you are looking for the most lucrative returns, which is better: Gold or Silver?
Gold has been steadily gaining so far in 2016 as the global economy weakens. With further weakness expected and negative interest rates now being employed by more central banks, conditions are setting up for gold to continue to move higher
The price of gold jumped 4.2% yesterday, its biggest one-day gain in almost four years. Gold’s big surge has tripped an important signal… one that suggests gold is headed much higher in the months ahead.