Gold Market News

As 2024 draws to a close, we'll take a look this week at long term annual and quarterly silver price charts that look incredibly optimistic for 2025 and beyond. The first is an annual line chart that clearly shows silver's 45-year Cup and Handle Pattern. For those who might be new to technical analysis, the cup & handle is one of the most explosive of patterns, and when they break out, their measured...

This week, Cyrille Jubert published an excellent article on the explosive silver situation. The silver chart pattern is reminiscent of that seen at the end of 2010: The gold/silver ratio remains historically high, suggesting a relative undervaluation of silver: A return to the historical average (67) could quickly propel the price of silver to $40 an ounce. Tensions in the physical silver market over...

A very interesting review by Éric Dor, Chief Economist at IESEG, summarizing the exposure of French and European banks to French debt. French banks are naturally in first place, with very high levels of exposure. In the event of a debt crisis, i.e., if the French government were unable to finance itself, the value of these assets would plummet, instantly putting these banking establishments at risk, if...