CEF News and Press, Sprott Physical Gold and Silver Trust Units From 07/03/19

Investments vs. Money Last week the price of gold went up another $11, but the price of silver dropped 4 cents. The gold-silver ratio hit another new high, up another point, though down from Tuesday's high water mark. This obviously was not the week that wage-earners increased their mone...

It is generally, if grudgingly, accepted that the "paper gold" markets - that is, the people trading futures contracts and options - are able to dictate the metal's price and have used this power to suppress and delay gold's inevitable trip to the moon. It's also generally believed (at least...

The metals market as a whole has been quite rusty since 2012 and now that the U.S dollar is slipping and interest rates are falling, it may be a good time to allocate more toward precious metals. Of the four major metals, the long-term underdog platinum appears to be the best long-term inves...

Gold has been shining bright as of late. After fading for much of 2019 since mid-February following an initially strong start to the year, gold has suddenly burst to life over the past four weeks. Since bottoming on May 21 at $1,269 per ounce, gold has surged by more than +10%. In the proces...

Image Source Gold: At a 5-Year High and Likely Going a Lot Higher At the time of writing this article gold is trading at around $1,385 per ounce, its highest level in more than 5 years. In fact, gold is likely on the verge of a major break out that should elevate prices of the yellow m...

Tariffs, schmariffs… When it comes to the price of agricultural commodities, weather trumps politics every time. China's retaliatory tariffs, a major source of pain for grains this spring, no longer matter. Mother Nature holds all the cards. Historically wet weather has wreaked havoc on...

Last week was a strong one for gold, which managed to eke out its fourth straight week of positive gains. The price of the yellow metal broke above $1,350 an ounce last Friday, while gold miners, as measured by the NYSE Arca Gold Miners Index, tested their 52-week high. Investors sought safe...

For a little while now, I have been suggesting that investors maintain some exposure to precious metals as a hedge against the potential negative consequences of the very poor financial condition of the United States Federal Government. Unfortunately, the latest Treasury data indicates that ...

On Friday, June 7, the price of gold futures rose to their highest price in 2019. Meanwhile, nearby platinum futures closed last week at $806.10 per ounce, over $100 per ounce lower than the peak for this year which came in April. On Tuesday, June 11, the price was slightly higher at the $812....

It was just two weeks ago that the SPDR Gold Trust ETF ( GLD ) was close to breaking down and heading to lower lows for the year. But since late May, it has staged a significant rally (up each of the last 8 trading sessions) and suddenly GLD is sitting near highs from earlier in the year. (...