Metals Market Reports

  October 2024 - Week 4 Edition Pro-Gold and Now Silver “Expert” Bandwagon Sending Metals Prices Higher Last year at this time, the London Bullion Market Association (LBMA) met in Barcelona, Spain from October 15 to 17 and, while there, they held their annual survey of professional bullion market experts projecting the price of the precious metals over the next months. Their median prediction...

  October 2024 - Week 3 Edition Inflation Isn’t Dead Yet – Gold Rallies On Hot Wars and Hotter Inflation The Labor Department reported, this past Thursday, that the Consumer Price Index (CPI) rose 0.2% in September and 2.4% in the past 12 months, above economists’ expectations. The core CPI, which excludes food and energy, rose even more, by 0.3% in September and 3.3%...

  October 2024 - Week 2 Edition FY2024 Federal Budget Deficit Hit $2.3 Trillion – Worst Since 2021 The 2024 federal fiscal year ended last week, on Monday, September 30. By Thursday, October 3rd, we learned the sad fact that our federal deficit grew by $2.3 trillion in 2024, the most since the COVID-bloated budget deficits of 2020 and 2021. It wasn’t because of...

  October 2024 - Week 1 Edition A Review of Precious Metals and the Markets In 2024 September was another exceptional month for silver and gold, which were up 9.33% and 6.49%, respectively, vs. just 2% for most stock market indexes. For the full quarter – from July 1 to September 30 – gold reigned supreme, up 14% vs. 7.4% for silver and an...