precious metal trends

After a major sell-off, precious metals are a cheap buy for long-term investors, according to Wells Fargo Investment Institute, which highlighted silver as the best investment choice at the moment . . . .

Does gold go on vacation? I don’t know, but I am going for sure. But before that happens, I encourage you to read another special edition of the Gold News Monitor from Auburn, Alabama . . . .

Bank of America Merrill Lynch has reiterated their forecast for gold prices to average the fourth quarter around $1,400 an ounce. At the same time, the bank sees silver prices averaging $17.50 in the final three months of 2018 . . . .

Precious metals have all taken a bit of a knock in recent months with a revival in the strength of the US Dollar. Platinum is an interesting one in particular . . . .

With China’s strong economic growth in the first quarter of this year, jewelry demand in that country also increased, but platinum jeweler demand lagged behind other jewelry segments owing to a lack in innovative product and market-wide marketing support, says Platinum Guild International . . . .

The country’s gold and jewelry market has endured a sales slump following the introduction of value added tax . . . .

How can we map the global economy between now and the middle of the century? . . . .

The low interest rate economy has meant that good conservative investments have been few and far between . . . .

A commodity bull market is forming and gold has a big part to play, according to one Bank of America Merrill Lynch (BAML) strategist . . . .

Speaking on Tuesday this week, Jeffrey Gundlach, founder of the big DoubleLine Fund in the U.S. and with control of assets under management estimated at nearly $120 billion, commented that the gold price had broken its downtrend line and was on the verge of breaking out to the upside.  “Something big is happening” Reuters quotes him as saying . . . .