CEF News and Press, Sprott Physical Gold and Silver Trust Units From 09/10/19

For the 2020 fiscal year, the federal budget deficit is expected to hit a massive $1 trillion - the first time in U.S. history that it will have expanded so rapidly in a time of peace and prosperity. The most recent estimate by the Congressional Budget Office puts total federal debt at a who...

Originally published September 5, 2019 The stock market is rallying and precious metals are correcting sharply today. The prevailing trade is risk-on once again. The prevailing trade is risk-on once again. The main driver is news that the U.S. and China said they would hold talks in Washin...

By SchiffGold Gold-backed ETFs added another 122 tons of gold globally in August and total holdings are nearing all-time highs. Total told ETF gold holdings have reached 2,733 tons. That’s just 52 tons away from the all-time high reached in 2012 when the price of gold was 9% high...

A unique situation is emerging in the gold market now, which means either the complete elimination of the well-established dependencies between the price of gold, the U.S. dollar and the level of the U.S real interest rate, or that the price of gold is critically overestimated at the moment. ...

With all hell breaking loose in markets across all asset classes, the quest for a safe harbor has a select group of assets higher over the past months. The escalating trade and currency war between the US and China have been the most significant factor when it comes to increased price volatili...

(Source - Pexels ) - "Rotating Between Precious Metals" Precious metals have been on fire recently as global economic and monetary concerns have been on the rise. As interest rates globally cross below inflation, precious metals suddenly deliver a real yield. Even more, ongoing geopol...

Editor's Note: The summary bullets for this article were chosen by Seeking Alpha Read more ...

Intense Price Action The price action was pretty intense last week, most of it on Friday. The statement by President Trump, not to mention Fed Chairman Powell's hint of further rate cuts, impelled people to buy gold and silver, whose prices went up $14 and $0.29. 10-year treasury note y...

Gold has been all the rage lately as the yellow metal has made a return to the front page of the financial news. Gold broke out of its $331.30 trading range dating back to 2014 to the upside in June. The price has moved to over $1500 per ounce and remained not far below its most recent high at...

During the early morning of August 13, it looked like gold was poised to make another big move up again, after hitting a high of ~$1,534/oz. However, it was not meant to be as the yellow metal promptly sold off shortly after market open and is now currently trading at ~$1,501/oz. Source: G...