Tuesday, August 22nd, 2017 MST

A Fed rate hike in the works?

New York Fed President William Dudley said that he supports another rate hike this year if the economy “evolves as he expects.”  He also thinks it’s reasonable for the Fed to start selling part of its $4.5 trillion portfolio, which it accumulated through several quantitative easing programs.

High-Tech analyst bullish on gold

Nothing could be further apart than the high-tech industry and gold.  The high-tech industry didn’t come about until the development of the computer.  Gold has been with us for thousands of years. Fred Hickey, editor and publisher of The High-Tech Strategist, recently turned bullish on gold.   His reasons include fundamentals (production and  supply/demand) and central

Gold, silver hammered

Gold and silver prices were hammered this morning, gold down $20 at its low, silver down $.60. Both recovered only slightly. It is no coincidence that the metals dropped in what is one of the slowest commodities trading days of the year, tomorrow being the 4th of July with most bullion house traders in the

Seasonal graph says it’s time to buy silver

It is always difficult to know when to invest. However, the graph provides guidelines for silver investors. The graph is seasonal, based on thirty years’ silver prices. January’s first trading day close is adjusted to 100, and subsequent prices are adjusted accordingly. As can be seen, on the average, early January is the best time

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