Barry Stuppler

The interest rate on the 10-Year U.S. Treasury just moved above 3%, signaling a strong chance the Federal Reserve will be raising interest rates soon . . . .

Beginning in 2010, central banks around the world turned from being net sellers of gold to net buyers of gold. Last year official sector activity rose 36 percent to 366 tonnes – a substantial increase from 2016 . . . .

A weaker U.S. Dollar this morning lead to a $8 rally in the Gold price . . . .

Last Friday, Gold closed at $1,194 per ounce, only $1 lower for the week, but down $105 (8.05%) since the beginning of 2018 . . . .

Concerns about another $200 billion in Chinese tariffs caused a rally in the U.S. Dollar, and the equity and precious metals markets to sell off this morning . . . .

The silver market just can’t seem to catch a break as its performance compared to gold has fallen to its lowest level in 25 years . . . .

Gold did test the important $1,200 per ounce support level this morning....

Gold prices have dropped this year, but it could be a hedge against a market correction, analyst writes . . . .

China will continue to be a major driver in the global silver market for years to come, fueled by continued industrial demand and silver mining activity . . . .