The president elect of the US, Mr. Trump, does not know what he is doing when he proposes protectionist measures to encourage the reindustrialization of the US and bring home again, the American industry that emigrated to foreign lands.
Six Hundred Million Ounces of Silver to be Consumed in Photovoltaics and Ethylene Oxide Production Through 2020
Two segments of the silver industrial demand complex are poised to consume 600 million ounces of silver through 2020. Please click the link below for a report issued today entitled, “Prospects for silver demand in ethylene oxide and photovoltaics”, issued today by the Silver Institute.
There are many reasons to be positive about demand for silver in photovoltaic (PV) cells.
Fed ‘dot plot’ shows 3 rate hikes in 2017
Gold futures settled higher Wednesday, then retreated in electronic trading as the dollar strengthened on the heels of the U.S. Federal Reserve’s decision to raise interest rates for the first time in 12 months.
Global Chaos And The Road To $1,000 Silver
With continued uncertainty in global markets, one of the greats in the business just told King World News that “we are most assuredly headed for Armageddon.”
Tomorrow, December 4, Italy is holding a referendum that will determine the fate of the entire European Union.
Donald Trump’s victory—which shocked Europe’s political and media elite—gives the populists backing the “No” side of Italy’s referendum the political rocket fuel they need for a virtually guaranteed win.
Gold prices are getting pummeled on a daily basis and appear to be coming down as fast as they went up.
First we had Brexit which resulted in both the Euro and the British Pound getting sold off hard. When these two currencies lose value the US Dollar is forced to go higher as per The US Dollar Index. As gold has an inverse relationship to the dollar then gold’s value tends to fall in dollar terms.
The election of Donald Trump also appears to good for the dollar as the expectation is that the re-building of the infrastructure, in all its forms, will give the economy a boost and so investment funds start to flow into the US.
Referendum in Italy
This brings us to