Why gold and silver are going up? Well.....

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Why gold and silver are going up? Well.....

Postby Copper Catcher » Wed Apr 20, 2016 12:35 pm

China Launches Yuan Gold Fix To "Exert More Control Over Price Of Gold"
http://www.zerohedge.com/news/2016-04-1 ... price-gold

......... one reason for today's spike in silver is due to "heavy buying of silver in Shanghai, and that has triggered buying in gold as well," said Ronald Leung, chief dealer at Lee Cheong Gold Dealers in Hong Kong.

Why Are The Chinese Stockpiling Silver? Big Price Move Coming?
http://www.silverdoctors.com/headlines/ ... ve-coming/
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Re: Why gold and silver are going up? Well.....

Postby everything » Mon Apr 25, 2016 2:21 am

Metals seem to be on a permanent bull run here. From a historical perspective I think anything over 15 silver and 1000 gold is bull market territory.
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Re: Why gold and silver are going up? Well.....

Postby IdahoCopper » Tue Apr 26, 2016 7:46 am

Is there an arbitrage spread between the London fix and Shanghai?
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Re: Why gold and silver are going up? Well.....

Postby 93 Octane » Thu Apr 28, 2016 6:29 pm

The weaker dollar has a lot to do with increase in PM's and with yellen seemingly resolved to not raise rates in any hurry I do believe the upside potential is there thru 2016
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