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

PostPosted: Wed Apr 20, 2016 12:35 pm
by Copper Catcher
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/

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

PostPosted: Mon Apr 25, 2016 2:21 am
by everything
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.

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

PostPosted: Tue Apr 26, 2016 7:46 am
by IdahoCopper
Is there an arbitrage spread between the London fix and Shanghai?

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

PostPosted: Thu Apr 28, 2016 6:29 pm
by 93 Octane
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