August 2020 - Week 4 Edition
The U.S. Mint’s Gold Eagle Sales Rose 383% in 2020 vs. 2019 (and +1,459% in Summer Months)
During the first eight months of 2020, 589,500 Troy ounces of Gold American Eagles were sold by the U.S. Mint vs. only 122,000 ounces for the same eight months in 2019, a 383% increase.
August 2020 - Week 4 Edition
Flash Alert! Two Hurricanes are Headed for Beaumont – But We Are Prepared!
As of Monday Morning, when we planned to send out this Metals Report, two hurricanes were headed for the Texas Gulf Coast near our border with Louisiana.
August 2020 - Week 4 Edition
Flash Alert! Two Hurricanes are Headed for Beaumont – But We Are Prepared!
As of Monday Morning, when we planned to send out this Metals Report, two hurricanes were headed for the Texas Gulf Coast near our border with Louisiana.
August 2020 - Week 3 Edition
Gold Surges Past $2,000
Gold reached $2,012 on Tuesday morning, August 18. In last week’s Metals Market report, we predicted a correction after nine straight weekly gains, and we saw a huge $150+ drop, with gold briefly dropping below $1,900 on Wednesday as Treasury yields rose, based in part on a promising COVID-19 vaccine coming out of Russia.
August 2020 - Week 2 Edition
Major Mutual Fund CEO Predicts $4,000 Gold
On Monday, August 10, Frank Holmes, CEO of U.S. Global Investors, told investors watching CNBC, the most popular financial TV network, “It’s quite easy to see gold going to $4,000.” He pointed to the trillions of dollars in stimulus packages passed by Congress during the coronavirus pandemic.
August 2020 - Week 1 Edition
Goldman Sachs Raises Their 12-Month Forecast to $2,300 Gold and $30 Silver
Goldman Sachs recently upgraded their 12-month forecast for gold by 15%, from $2,000 to $2,300, and they pushed their silver forecast up 36%, from an already-outdated $22 to $30 per ounce.
July 2020 - Week 5 Edition
One Reason Gold is Soaring: The Fed is Recklessly Fueling Future Inflation
Gold has shot up to a record high. Silver has also gone parabolic in price, rising to $24.85 (a 7-year high), doubling since March 18 (at $12.42) and thereby falling under an 80-to-1 gold/silver ratio, which we had predicted a few months ago.
July 2020 - Week 4 Edition
Our $20 Silver Prediction Comes True – with Five Months to Spare
Silver surged past $21 an ounce this week and we made “the case for $20 silver in 2020” over a year ago in “July 2019, Week 3,” when silver was $15.31, so we can now crow a bit.
July 2020 - Week 4 Edition
Our $20 Silver Prediction Comes True – with Five Months to Spare
Silver surged past $21 an ounce this week and we made “the case for $20 silver in 2020” over a year ago in “July 2019, Week 3,” when silver was $15.31, so we can now crow a bit.
July 2020 - Week 4 Edition
Our $20 Silver Prediction Comes True – with Five Months to Spare
Silver surged past $21 an ounce this week and we made “the case for $20 silver in 2020” over a year ago in “July 2019, Week 3,” when silver was $15.31, so we can now crow a bit.
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