Silver

Silver initially outperformed gold but has experienced a recent decline, falling back below $30. Silver has shown significant growth this year, with a 24% increase since January. Silver initially outperformed gold in a recent trend, but is now experiencing short-term weakness. It broke out of its...

In the wake of surging gold and silver prices, Bank of America has highlighted four exchange-traded funds (ETFs) that offer attractive exposure to precious metals. What Happened: The top-ranked ETFs by BoFA include abrdn Physical Silver Shares ETF (NYSE:SIVR), iShares Silver Trust (NYSE:SLV),...

Well-known economist and fierce Bitcoin (CRYPTO: BTC) critic, Peter Schiff, tried downplaying the cryptocurrency's recent surge, highlighting its underperformance relative to silver. What Happened: Using a previous April 3 post as a reference, Schiff underlined how the King Crypto has grown only 2...

Friday is shaping up to be one of the strongest days for metal commodities in recent years. Gold climbed over 1.7% toward a record-high close above $2,400 per ounce, silver surged more than 6% to its highest level since February 2013, and copper hit an all-time high. What Happened: In a week marked...

Top Stories for April 26, 2024: Anglo American (OTC:AAUKF) rejected the $39-billion all-share takeover bid from BHP Group (NYSE:BHP), calling it “highly unattractive” and undervalued.  The offer included conditions like demerging Anglo American's stakes in Amplats and Kumba Iron...

Top Stories for April 17, 2024: During a visit to Pittsburgh, President Joe Biden plans to announce new trade policies aimed at boosting the U.S. steel sector by imposing a 25% tariff on certain Chinese steel and aluminum imports. The move seeks to protect American manufacturing jobs from China...

Billionaire Mike Novogratz, founder and CEO of Galaxy Digital, predicted Bitcoin (CRYPTO: BTC) and precious metals are poised for a surge, fueled by potential interest rate cuts. What Happened: In a tweet, Novogratz highlighted the lack of solid reasons for the Federal Reserve to reduce interest...

Top Stories for April 9, 2024: 1. Piedmont Lithium (NASDAQ:PLL), a major supplier to the U.S. EV supply chain, and its joint venture partner Sayona Mining are advancing North American Lithium’s operations to achieve steady state production by 2024.  After starting production in March 2023,...

The CEO of Galaxy Investment Partners, Mike Novogratz, has voiced his concerns over the potential implications of a rate cut by the Federal Reserve on cryptocurrency and precious metals. What Happened: Novogratz on X, formerly known as Twitter wrote, “Call me crazy but I don't see one good...

To gain an edge, this is what you need to know today. Fueling Positive Sentiment Please click here for an enlarged version of the chart of iShares Silver Trust (ARCA:SLV). Note the following: The chart shows aggressive buying in silver. As full disclosure, silver ETF SLV is in The Arora...

Economist Peter Schiff has once again stirred the crypto community, this time by advising Bitcoin (CRYPTO: BTC) holders to exchange their holdings for gold and silver. What Happened: On Monday, Schiff, a well-known Bitcoin critic, took to social media platform X, formerly known as Twitter, to taunt...

Top Stories for March 27, 2024: Foremost Lithium Resource & Technology (NASDAQ:FMST) is engaged in lithium exploration in Manitoba’s Snow Lake region and reported significant drilling progress at the Zoro Lithium Property.  The company highlighted a substantial drill intercept of...

Renowned financial expert, Robert Kiyosaki, cautions against investing in stocks and bonds amidst China’s economic instability, advocating for gold, silver, and Bitcoin (CRYPTO: BTC) instead. What Happened: On Wednesday, Kiyosaki took to X, formerly Twitter, to express his concerns about...

Precious metals surged once again in response to Fed Chair Jerome Powell‘s recent statements hinting at potential monetary policy easing in 2024, contingent upon further positive data on inflation and growing confidence that price pressures will align with the 2% target. Gold prices, as...

Galaxy Digital CEO Mike Novogratz predicts a surge in assets such as Bitcoin (CRYPTO: BTC), gold, and silver as the Federal Reserve reorients its monetary policy. What Happened: Novogratz stated that a transition from a hawkish to a dovish stance by the central bank would unleash “animal...