Friday, August 26, 2016
Learning How to Trade & Invest Forex: A Definitive Guide
Wednesday, August 17, 2016
Will Barrick Gold Corp Stay Strong in the Next Quarter? - August 17, 2016 at 10:17PM
from FocusontheUser.org http://news.focusontheuser.org/will-barrick-gold-corp-stay-strong-next-quarter/
RBC Increases Gold Price Forecast by $200 - August 17, 2016 at 10:10PM
from FocusontheUser.org http://news.focusontheuser.org/rbc-increases-gold-price-forecast-200/
2016 is the Year for Gold and Silver - August 17, 2016 at 10:05PM
from FocusontheUser.org http://news.focusontheuser.org/2016-year-gold-silver/
Tuesday, August 16, 2016
Jana Partners Decides to Exit Gold in Second Quarter - August 16, 2016 at 03:42PM
from FocusontheUser.org http://news.focusontheuser.org/jana-partners-decides-exit-gold-second-quarter/
Royal Canadian Mint Unveils Beaumont Hamel Collector Coin - August 16, 2016 at 03:36PM
from FocusontheUser.org http://news.focusontheuser.org/royal-canadian-mint-unveils-beaumont-hamel-collector-coin/
World War I’s Largest Battle Remembered on Silver & Gold Commems By Monnaie de Paris - August 16, 2016 at 03:32PM
from FocusontheUser.org http://news.focusontheuser.org/world-war-largest-battle-remembered-silver-gold-commems-monnaie-de-paris/
Saturday, August 6, 2016
Positive U.S. Job Numbers Send Gold Tumbling - August 06, 2016 at 03:36AM
from FocusontheUser.org http://news.focusontheuser.org/positive-u-s-job-numbers-send-gold-tumbling/
Wednesday, July 13, 2016
The Price of Gold Bounces By One Percent - July 13, 2016 at 08:43PM
from FocusontheUser.org http://news.focusontheuser.org/price-gold-bounces-one-percent/
Gold Stock Hit With Downgrades Yet Still Valuable - July 13, 2016 at 08:32PM
from FocusontheUser.org http://news.focusontheuser.org/gold-stock-hit-downgrades-yet-still-valuable/
Monday, July 11, 2016
Distinction Between Futures vs Stocks
Read More: Distinction Between Futures vs Stocks
Monday, June 27, 2016
Gold vs. Stocks: Which is Best Investment Option?
Read More: Gold vs. Stocks: Which is Best Investment Option?
Saturday, June 25, 2016
Gold Mining Stocks vs. Physical Gold
Read More: Gold Mining Stocks vs. Physical Gold
Why Silver Coins can Save Your Butt
Read More: Why Silver Coins can Save Your Butt
Key Lessons Investors Can Learn from the 2008 Financial Crisis
The 2008 financial crisis hit the world like a storm. It blew up stock markets from one end of the planet to another. Set in motion by the bankruptcy and collapse of the investment bank, Lehman bros., it left a lot of people exposed to a huge amount of risk. You have to remember that a lot of the stock market at that time was financed by borrowing to fund stock positions.
Thursday, February 4, 2016
Several States Attempting to Rewrite Constitution Update
Since the Bill of Rights, there have been just 17 changes to the U.S. Constitution. On Thursday, Tennessee House of Representatives voted 59-31 to call for a Constitutional convention, becoming the fifth state in recent months where lawmakers have called for a major rewrite of the Constitution.
From source: http://www.npr.org/2016/02/04/465593798/rewrite-the-constitution-several-states-are-trying-to
The post Several States Attempting to Rewrite Constitution appeared first on Focus on the User News.
from FocusontheUser http://news.focusontheuser.org/several-states-attempting-to-rewrite-constitution/
Wednesday, January 13, 2016
Price of Silver Benefiting From Industrial Demand, Cost-Cutting Update
The massive demand for silver coins that caused an unprecedented supply squeeze in the latter half of 2015 appears to have carried over into the New Year.
First day sales of American Eagle silver bullion coins, administered by the US Mint on Monday, hit almost 2.76 million ounces (Moz). As reported by Reuters, that is roughly half of the 5.53Moz of the very same coin sold in all of January 2015.
In total, the US Mint sold 47 million American Eagle silver coins in 2015, up almost 7% from the previous year’s record high of 44 006 000 coins. And as the spot price of silver slipped to six-year lows, at below $14/oz, demand for silver coins also hit unprecedented levels elsewhere. In Australia, the Perth Mint reported a 53.2% annual increase in silver sales to almost 11.6Moz in 2015. Silver Maple Leaf Coins, sold by the Royal Canadian Mint rose by 76% from the third quarter of 2014 to that of 2015.
[See Also: Best Gold Coin to Buy in 2015]
According to research by Smaugld, neither American nor Canadian mining production is sufficient to meet the demand for silver coins in each country. An interim report by The Silver Institute expected the silver market to be in deficit for the third consecutive year in 2015, registering a shortfall of 57.7Moz. “When the market experiences an annual shortfall from mine supply, users must drawdown on above ground stocks, thereby tightening available supply,” the industry association said.
Capital Economics expects cost cutting, in response to weak prices, across the industrial and precious metal industries to reduce silver output by 3% this year. “We are already anticipating that over 6.3Moz per year could be lost as a result of the closures recently announced by Glencore and BHP Billiton in Chile and Australia,” said commodities economist Simona Gambarini.
According to her, tightening supply coupled with recoveries in global industrial production and the gold price should see the price of silver outperform that of gold this year.
“While we have long argued that China, which accounts for over 30% of silver demand for industrial uses, is experiencing a structural slowdown in investment, we think much of the early-2015 drop-off in growth was driven by cyclical factors, such as tighter fiscal and monetary policy, which have since been reversed,” she said. The recovery in industrial production is only expected to translate into higher demand for silver in the second half of 2016.
Gambarini also said that silver’s prospects are tied to that of gold and that the price of gold, currently trading around the $1,100/oz mark would recover to $1,250/oz by year end “driven by a revival of demand for inflation hedges and safe havens, and by increased buying from emerging economies”.
[See Also: How to Buy Gold Bars the Right Way]
Capital Economics too has considered the impact of tighter US monetary policy and renewed dollar strength on the prices of both precious metals. Having already lowered its end of year gold forecast to $1,250/oz from $1,400/oz, Gambarini said “We are lowering our end-2016 forecast for silver to $16.5/oz, from $20/oz previously, to give a greater weight to persistent headwinds we expect from tightening US monetary policy and from further dollar strength”.
Despite leaving its forecast for silver unchanged, ABN Amro appeared more cautious, forecasting an end of year price of $15/oz. “We still expect price weakness in Q1 [the first quarter] followed by a recovery afterwards because of a pick-up in industrial demand,” Georgette Boele, co-ordinator of FX & precious metal strategy said.
OTHER NEWS IN THE INDUSTRY
Strong Bullion Sales Expected for 2016
It’s been a very busy couple of years for the United States Mint in terms of American Eagle bullion sales, particularly silver, and Kitco does not expect 2016 to be any different. [Source]
Rare Gold & Silver Coins Found in Salvation Army Kettles
The Salvation Army has reportedly received gold and silver coins in their kettles. This has been an on-going trend each year the organization hosts their fundraiser. The anonymous donor is unknown but is greatly thanked. [Source]
Outlook of Silver Going into 2016
An overview of the price of silver and what to look for in 2016. Silver is currently maintaining its strength and looks to keep that up after the news the Fed released last week. [Source]
The post Price of Silver Benefiting From Industrial Demand, Cost-Cutting appeared first on Focus on the User News.
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