That’s right, folks: Silver through November is +94.9%! Extrapolate her year-to-date pace through the final 22 trading days which remain in 2025, and year-end puts her at 59.74, +104.0%!
Anyone light on miners could consider buying now, because while the $3500 zone for gold would create truly stupendous value, a pullback to that price is becoming less likely.
Perhaps one of the single biggest takeaways from the stunning gold and silver rally that we’ve experienced this year is that this has all occurred before there’s been any sort of crisis.
Ira Epstein discusses upcoming economic data releases, including the September price indexes and retail sales data, which are expected to impact the markets.
The decline in the equity market has taken many by surprise. The mental gymnastics on display as the media tried to explain it have been nothing short of a perfect Olympic 10 score.
Gold fell 0.5% but remains up a healthy 53.8% on the year. Talk of the Fed staying pat helped push gold prices down, while talk of an interest rate cut helped gold prices rise.
