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Precious Metals

China’s Coming Gold Fix April 19th, 2016

Next week, China will begin its competition with London & New York and attempt to create the equivalent of the London gold fix but in Chinese yuan on April...

Market Closings for Week of 04/04

Gold needs a closing ABOVE 1254.50 to signal a rally. A closing below 1225 would warn of a decline. Between these two numbers is still neutral. In silver we nee a...

Markets in Review for the Close of Q1 2016

When you have a consistent system that is running on absolutely everything around the world, you can simply look at it dispassionately and judge everything by the...

Private Blog Post for the Opening of Gold Next Week

Private Blog Post Inside Socrates for Gold & Next Week’s Price...

Market Closing for the Week Today

Today will be the close for the week and this will be an important indicator. A closing in gold below 1237.50 will warn of weakness. We have important technical...

India Fails to Lower Tax on Gold

India surprised everyone. They did not remove the tax on gold and in fact increased it. India is the number-one consumer of gold jewelry. Sales have declined...

Will Gold and Silver Become the Underground Currencies of the Future?

QUESTION: Martin … the reasoning behind goldbugs … advising people to buy gold to thwart the cashless society that govts will soon impose on us all....