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23 Apr

Doha Oil Negotiations and Domestic Data Reports Boost Gold; Silver Continues Strong Performance

Gold Price Rises as Oil Price Falls after Doha Oil Negotiations Derail on Iranian-Saudi Tension The oil market endured a tense week as OPEC countries met for negotiations in Doha that ultimately broke down, causing oil prices to plummet. Rising tensions between regional rivals Saudi Arabia and Iran over output levels led to the demise […]

17 Apr
Chinese Market and Gold

What the Chinese Market Could Mean for Gold Price; Silver Price Rallies, Outstrips Gold This Week on Performance for First Time in Four Years

Is China Becoming an Even Bigger Player in the World’s Gold Market? Despite the price dip in gold this week, other market trends point towards future increases in demand that could drive prices up. China, with the world’s second largest economy, is already an important power player in the gold market, and is set to […]

10 Apr
The Brexit and What it Means

The “Brexit” and What it Could Mean for Gold and Silver

  The Brexit, Concern Over EU Stability, and Trade Deals Increases Safe Haven Gold Investing Economic uncertainty in the European Union continues to drive safe haven gold investment in Europe after a failed referendum on EU-Ukraine trade relations. Concern over Great Britain’s upcoming referendum on EU membership (set to take place in June) is also straining […]

03 Apr
Gold in Q1

Q1-2016 Closes as Gold’s Best Gaining Period Since 1986

  Gold’s Best Gaining Period Since 1986- Q1 Closes with Strong Gold Outlook As the stock market and dollar retreated this week, gold prices edged higher, finishing the quarter with a 16 percent rise. Despite some slowing from market correcting through March, we witnessed gold’s best gaining period since 1986. On March 29, The Fed […]

28 Mar
The EU dominoes

Gold Up After Brussels Attacks, Pulls Back with Stronger Dollar-Eurozone Fears

  Gold Up After Brussels Attacks, Pulls Back with Stronger Dollar and Eurozone Fears Global markets were sluggish this week anticipating the three-day Easter holiday weekend. Gold saw a rally this week following the terrorist attacks in Brussels at Zavantem Airport and Maelbeek metro station in the city’s EU institutions district. It eased back when the […]

Negative Interest Rates: Coming Soon to the Local Central Bank Near You?

2/21/2016 Negative interest rates have become “the new agenda” at Central Banks recently in Europe and Japan which signals good news for gold. Last week, Sweden’s central bank, Rikbanken, slashed their rate from positive 0.35% to negative 0.50% following the Bank of Japan’s drop of its key interest rate to negative 0.1%. Canadian officials are […]

Gold is on the Rise. Here are Some Reasons Why…

2/9/2016 Back in December, RME CEO Jim Clark stated the bottom for gold was in. His exact quote at the time was “I am going on record today to say that the price of gold [$1049] has found the bottom. The bull market in gold has begun.”. Today, gold closed right around $1190, up approximately $140 per ounce in […]

The Gold Price Has Bottomed

12/06/2015 I am going on record today to say that the price of gold has found the bottom. The bull market in gold has begun. Gold traded down to $1,048 on an intraday basis to close just over $1,055 on Wednesday this past week. The recent decline in the gold price has been a discounting […]

Ron Paul: Lessons Yet to Be Learned

Jim Clark 11/15/2015   This past Wednesday, November 11, 2015 was Veterans Day. To all veterans of the US Armed Services: Thank You for your service to our country. FROM RON PAUL – LESSONS YET TO BE LEARNED:   Increasing money and credit by the Fed is not the same as increasing wealth. It in fact […]

December Rate Hike… Or Not.

Jim Clark 11/8/2015 Wednesday last week, Fed Chair Janet Yellen said “At this point, I see the U.S. economy as performing well,” noting the strength in domestic spending and that it may be “appropriate” for a rate hike in December. The Chairman of the New York Fed, William Dudley said he “fully” agrees with the Chair. […]

The “Bail-In” is the New “Bail-Out”

Jim Clark 11/1/2015 After opening the week at $1,164, COMEX spot gold rallied strongly to a three month high of $1,188 gold retraced to $1,141 giving back 48% of the October gains to close the month up 2%. After a strong rally on high volume trading, a short term 48% retracement of gains is to […]

Gold Stays Strong, Silver Up 9% for October

Jim Clark 10/25/2015 Gold and silver traded softer this week with gold losing some ground from $1,171 to close $1,164 up 5% for October to date and silver opened the week at $15.86 and is trading at $15.81 basically unchanged for the week and up 9% for the month so far. Analysts attribute this week’s […]

The Strong Rally of Gold and Silver

Jim Clark 10/18/2015 Gold and silver have surged this week to bring both metals into positive return territory for this year. With a strong follow through to last week’s rally, both metals continue to make higher highs and higher lows, a bullish indicator of a turn in the market as we addressed last week. Gold […]

COMEX Prices vs. Reality

Jim Clark 10/9/2015 Both gold and silver had strong breakouts above near term resistance and the price momentum has shifted to the advantage of the bulls. Gold opened the week at $1137 and is currently trading at $1,159, up $22 or 2% for the week. Silver opened on Monday at $15.24 and is at $15.86, […]

Gold and Silver Coin Sales at Record Highs

Jim Clark 10/4/2015 Gold and silver posted gains for this week thanks to a strong Friday rally in both metals with gold opening the week at $1131 and closing Friday at $1138.50 and silver opening at $14.70 to close Friday at $15.26. Silver was up 5% on the day – the biggest daily jump since Dec 1st […]

“Gold is Money, Everything Else is Credit”

Jim Clark 9/27/2015 Gold opened the week at $1133 and closed Friday at $1145, up 1% for the week following last week’s 3% rally.  Silver lost a bit on profit taking in the paper market (COMEX) declining from $15.19 to close at $15.09, holding the $15 floor. We are cautiously optimistic that this follow through […]

Fed Rates Hold; Gold and Silver Demand Remains High

Jim Clark 9/18/2015 THE FED HOLDS AND GOLD AND SILVER RALLY Gold and silver began a rally on Wednesday, prior to the Fed announcement of no rate hike on Thursday. Especially significant for both metals is the strength of the Friday follow through surge in prices after the announcement. At this writing gold is up […]

The Discount Rate and Why it Matters to Gold Investors

Jim Clark 9/11/2015 THE DISCOUNT RATE, DOLLAR STRENGTH, & GOLD The Federal reserve is poised to increase the discount rate. This is the interest rate that the Fed charges banks to borrow funds from the Federal Reserve Bank. This discount rate increase will weaken the dollar as the cost of borrowing dollars increases and thereby reduces […]

ObamaCare for Your IRA

Jim Clark 9/6/2015 THE CONTINUED MOVEMENT TOWARDS GOVERNMENT INTERVENTION IN YOUR IRA   Obamacare for your IRA? The US Department of Labor is proposing a new “fiduciary rule” that will limit and ultimately eliminate your ability to decide how to invest your IRA and 401(K). This is the latest effort by the federal government to limit choice […]

Welcome to the Wall Street Casino

Jim Clark 8/28/2015 THIS IS NOT YOUR FATHER’S STOCK MARKET On Monday- we saw a one thousand point swing in the DOW IN ONE DAY! As we wrote last week, we are seeing unprecedented volatility in the Dow Jones Industrial Average and in the broader markets, the S&P and The NASDAQ.  The chart below shows […]

Dow Index Down 531 Points Friday as Dollar Collapses

Jim Clark 8/23/2015 DOW SLAMMED FRIDAY TO CLOSE DOWN 531 POINTS The weakness in stocks since May became a rout on Friday with the DJIA plunging 531 points amid a broad based sell off including the S&P and the NASDAQ. International markets reflected the same flight from equities as well. The decline in the DJIA […]

Volatility: Welcome to the New Normal

Jim Clark 8/14/2015 After trading sideways for most of the week with a bias to the upside, silver prices break out above $15 on Friday, closing at $15.26.  Gold remains in a trading range between 1082 and 1116 to close the week at $1115. VOLATILITY: WELCOME TO THE NEW NORMAL This has been an exciting and eventful week […]

Physical Delivery of Comex Gold Doubles

Jim Clark 8/9/2015 After trading sideways for most of the week with a bias to the upside, silver prices break out above $15 on Friday, closing at $14.82.  Gold remains in a trading range between 1082 and 1098 to close the week at $1095. FIRST, A WORD FROM JIM GRANT Jim Grant, publisher of Grant’s Interest […]

The Chinese Stock Market Crash; Gold Demand Continues

Jim Clark 8/2/15 The Chinese Stock Market Crash Since peaking in June, Chinese stock market indexes are down roughly 30%. As reported on CNBC today, Chinese farmer/investor has lost his and his family’s life savings and then some. Because of margin calls, Yang Cheng owes his brokerage firm $1 million, the amount of his original […]

Lower Gold Price Creating Demand Surge

Jim Clark 7/23/2015 [heading animation=”” type=2 border=”no” weight=”bold”]Remember what we’re looking at. Gold is a currency. It is still, by all evidence, a premier currency. No fiat currency, including the dollar, can match it. -Alan Greenspan[/heading]     This past week and the month of July for that matter has seen some major developments in […]

Greece: Coming to a Bank Near You?

Jim Clark 7/17/2015 ADR Pricing for the National Bank of Greece:   Greek banks are scheduled to open on Monday but despite positive headlines and happy talk about the Greek crisis being solved, the EU central bankers and the Greek government have done what they have always done- they kicked the can further down the […]

Your Money and the Banking System

Jim Clark 7/12/2015 Your Money and the Banking System Draconian measures intended to save Greek banks and the Euro monetary system have been imposed on the people of Greece. Greeks are no longer allowed to transfer money to accounts outside of Greece. In addition to limiting cash withdrawals to $65 a day, Deputy Finance Minister […]

Gold Back To $1,200 as Turmoil in Greece Continues

Jim Clark 6/19/2015 Gold Surges The Gold futures spot price is consolidating at $1,200/oz after a very strong rally this week with a major move on Wednesday to close at $1,202, up over $25 on heavy volume to close the week at $1999.97. As we commented last week, gold prices have been making a series […]

Comex Gold and Never Never Land

Jim Clark 6/12/2015 Watch the Chart- The Market is ALWAYS Right The most important near term technical development for gold prices this week has seemingly gone unnoticed or at least uncommented by gold market analysts. COMEX gold prices have made a series of higher lows and higher highs. After touching a low at $1,167.90 on […]

Long Gold for the Long Term

Jim Clark 6/5/2015 Dollar Strength, the Euro and Gold All eyes are on the US Dollar in recent weeks. The strong USD has put pressure on gold and silver prices late this week. The strength of the dollar reflects the uncertainty in the negotiations of the repayment of Greek debt to the International Monetary Fund […]

Back to the Trading Range

Jim Clark 5/29/2015 Gold opened the week at $1204 to close the week on Friday, down slightly at $1191. The action in gold and silver prices this week was dominated by the strength of the dollar. With US interest rates relatively higher than those in the Eurozone, US Dollar denominated assets are attractive and Euro Quantitative Easing […]

Is the Bottom in for Gold and Silver?

Jim Clark 5/22/15   Solid Support for Gold at $1200 Gold established solid support above $1200 this week to close the week on Friday at $1203, substantially higher than the previous support level at $1180. For the last several weeks, the $1200 level has been an attractor. Each time gold has dipped below this key […]

Gold and Silver Break Their 200 Day Moving Averages

Jim Clark 5/15/15 This week has seen very positive developments for gold bulls. Gold broke strongly through resistance at $1217 to begin consolidation over $1220 to close Friday at $1220.50. On Tuesday, gold was up roughly $23 on heavy trading volume (Remember the old saying, “Volume is the weapon of the Bull!”). Gold surged through its […]

The Gold Market Discussion: 4/26/15: What if the Yuan Was Backed by Gold?

by Jim Clark April 24, 2015 Can 1.4 billion Chinese be wrong? Between 2008 and 2009 China doubled their reserve of gold bullion stock. In April of 2009, the Chinese Central Bank (The People’s Bank of China) reported gold holdings of 1,054 metric tonnes. Recently, Bloomberg Intelligence estimated China’s gold holdings at 3,510 metric tonnes, […]

The Gold Market Discussion with Jim Clark, 3-22-15

Jim Clark 3/20/2015 Gold and Silver prices spiked this week as gold traded above $1,185 and silver in the $16.85 range. The spike in gold and silver prices can be, in part, attributable to Janet Yellen’s comments at this week’s Fed meeting. Chairperson Yellen indicated ultra-loose monetary policy for the foreseeable future with no rate […]

The Gold Market Discussion with Jim Clark, 3-15-15

Jim Clark 3/15/15 This week has seen more weakness in gold prices. Gold prices are currently at the $1150 range with silver at $15.50. The weakness can be directly attributed to the strength of the dollar, which has recently reached highs not seen since 2003, and has done so in a remarkably short period of time. With […]

The Gold Market Discussion with Jim Clark, 3-8-15

March 8, 2015 This week gold prices traded in narrow range around the $1165 to $1210 area, currently gold prices are $1168 per ounce silver at $15.88. Gold is now trading below most miners’ ability to bring gold to market. This represents a tremendous opportunity to acquire physical gold at seriously depressed prices. These are […]

The Gold Market Discussion with Jim Clark, 2-20-15

by Jim Clark 2/20/15 Gold and silver prices dipped earlier in the week only to recover and end strong, closing at $1,208 and $16.32 respectively. There was some heavy physical buying that came in when gold briefly fell below $1,200 an ounce. Have you ever heard the old Chinese saying, “May you live in interesting times”? People have […]

The Gold Market Discussion with Jim Clark, 2-1-15: “Deflate-Gate” Goes Beyond Just the Super Bowl

by Jim Clark 1/30/2015 Like many Americans (more than 111.5 million to be exact) I’m looking forward to watching the Super Bowl this weekend. And like many of these Americans, I will be enjoying the game at a Super Bowl party at a friend’s house. This year’s Super Bowl has been plagued by scandal, “Deflate-Gate”. […]

The Gold Market Discussion with Jim Clark: 1-25-15- Currency Wars, Euro QE, and Historic Swiss Franc Move Propel Gold

by Jim Clark January 23, 2015 As of Friday morning, gold is up more than 10% and silver is up more than 16% since the beginning of the year. On the front page of its business section, The Wall Street Journal looked at the factors that are influencing bullish sentiment for precious metals in 2015. […]

RME Special Report – Gold approaches $1300

By Jeff Kerr 1/20/15 Safe haven demand and technical chart buying have been in full force lately pushing gold to 5.5 month highs in recent days. Gold reached $1297 today while the U.S. dollar remains strong. “As of Tuesday, January 20th, we are witnessing gold’s strongest seven day run in eight years”, according to CNBC. […]

The Gold Market Discussion with Jim Clark: What We Have Witnessed is a Base Being Put in for Gold

By Jim Clark 1/9/15 Many people are worried about the U.S. economy and our massive debt and its effect on their future. U.S. monetary policy is a matter of concern, and our government leaders have not shown themselves to be responsible when it comes to handling their fiscal responsibilities. In fact, they have shown themselves […]

2015 Outlook for Gold and Silver Demand on the Rise

by Jeff Kerr, Account Executive, Republic Monetary Exchange As the year 2014 comes to an end, many analysts make their predictions for the New Year 2015 ahead. While gold did not see the same tremendous gains it witnessed in the decade long bull market run which peaked in 2011, the yellow metal appears to be […]

News from G20, Japan, China and Russia Creating Volitility and Demand in Gold and Silver

Gold continued to rally last Friday, climbing 35 dollars to $1,190. Then, a week later it rose to $1,207.60 after China cut interest rates. More interesting developments in the financial news and around the world continue to show that gold is in demand as a valuable financial insurance. Let’s look at some of those events….. […]

World Events Create Demand for Silver; US Mint Sold Out of Silver Eagles!

The Gold Market Discussion with Jim Clark October Surprises October is, historically, an interesting month in the markets. This year has been no different, with volatility all around. The stock market dropped below 16,000 before rallying back up over 17,500. Volatility has continued in the precious metals market, mainly to the downside, although gold went […]