Peter Spina
Peter Spina
action remains taking
The real action remains in silver, taking away from gold's luster.
draw expected investment large launch money prices silver
The launch of the silver ETF is expected to draw large investment money into the silver markets, which would most indisputably take silver prices much higher.
costs earnings fields gold increase lower million production rand release slightly stellar strong
Gold Fields had a stellar second-quarter earnings release Thursday, with a combination of a strong Rand gold price, slightly lower production costs and an increase in production to 1.04 million ounces (from 993,000).
add dollar gold leg matter time
It is just a matter of time before we have another leg down in the U.S. dollar and this will just add to the luster of gold and silver.
adding breakdown continue dollar gold support
All indications are that the geopolitical tensions will continue to support gold at this juncture, with the breakdown in the U.S. dollar adding even more ammo to the run.