Precious Metals News

Gold Chart

Ultimate gold price target is $5,000-$10,000, says Guggenheim’s Scott Minerd

By My Private Bullion | May 27, 2021

As chaotic price swings of the crypto world push investors back into gold and silver, the precious metals will start to build momentum, with the ultimate gold price target set at $5,000-$10,000, according to Guggenheim’s CIO Scott Minerd.

Record Rhodium Prices Drive Rise in Catalytic Converter Thefts

By stu25 | April 1, 2021

Corona Virus direct affect on US and Global economy.

Analysts deliberate whether auto manufacturers can tolerate high rhodium prices

By stu25 | April 1, 2021

Corona Virus direct affect on US and Global economy.

Urgent Buying Opportunity: Palladium is the new Rhodium!

By My Private Bullion | February 28, 2020

Are you sure you want to wait? It may too late! After a brief anomaly with Palladium holding its price while the stock markets crash, it’s finally showing a brief buying opportunity. Take a look at this chart by Jim Wyckoff showing the bulls have solid overall near-term technical advantage and regain power this week.…

Rhodium Catalytic Converter Use and South African Social Unrest

By My Private Bullion | February 19, 2020

Rhodium used within catalytic converters triggers platinum and palladium to reduce some of the most of harmful chemicals – catalyze the oxidation of hydrocarbons. Fighting pollution becomes important with tightening of the pollution laws, the more cars for made, the more rhodium is needed. Catalytic converters have been an integral component of automobiles for many years to facilitate…

Gold price pushes above $1,600 – Coronavirus and Other News That Drive Gold

By My Private Bullion | February 18, 2020

“If we think about it in percentage terms, to imagine gold making a new all-time high sometime in 2020 doesn’t seem like such a stretch,” says John Roque, a technical analyst with Wolfe Research in New York City. Investors who didn’t own gold in 2019 could be kicking themselves after an 18% rise in prices…

Jim Rickards: The Four Main Catalyst For Gold

By My Private Bullion | October 17, 2017

The Federal Reserve would like to continue “normalizing” interest rates. But the most recent economic data simply does not justify it. On Sept. 29, the August core PCE year-over-year (YoY) inflation figure was released. And the data came in exactly as I expected. YoY inflation for August was just 1.3%, down 0.6% from the January…

Trump discovered a 100-year-old secret that Feds don’t want you to know.

By My Private Bullion | July 25, 2017

R: Hello Mr. Viera, Thank you for this interview today. What do you make of Donald Trump’s statements about our national debt and likely default?   V: Good Morning, Rebecca. Donald Trump needs to be careful about what he says, recently he got in trouble for mentioning a well-known truth that you really can’t talk…

U.S. Loses $309 Billion To China In 2016

By My Private Bullion | July 24, 2017

Last Thursday, President Donald Trump held the first meeting about the trade deficit with China. The parties in attendance could not come to any sort of agreement, and each party even made independent statements at the closing of the meeting. After the meeting, a protocol was finalized to allow the U.S. to ship rice to…

A Great Opportunity to Stack Up on Gold

By My Private Bullion | October 25, 2016

Jim Rickards contact “Goldfinger,” a gold industry insider, first clued us into an important gold flow reversal happening. You might recall their live broadcast. In the months just before that meeting in Zurich with Goldfinger, over 170 tons of gold flowed back into London. Instead of coming out of London, into Switzerland, and then heading…