first majestic silver

Bob Kirtley

Bob Kirtley Articles

This year has started brightly with gold, silver and the miners all posting sharp gains. This sudden move upwards brings with it much jubilation with many believing that the illusive bottom is now in and therefore behind us. One day they...
Results for Swiss gold referendum were released today, ending weeks of enthusiastic bulls calling for gold to rally to new highs on a “yes” vote and countless articles speculating about the impact of the result. The Swiss people voted...
Gold has not glistened since the summer of 2011 when a substantial rally took it to an all-time record price of $1,900/oz. Since then however it has been a one way trek south punctuated by an occasional weak rally or head fake. Gold’s...
The people of Switzerland go to the polls on 30th November to vote on the gold initiative. The proposal requires the Swiss National Bank to hold gold reserves of at least 20% of the value of the assets of the Swiss National Bank. The...
Those of us who lived through the inflationary times of the late 70s and early 80s will remember just how high interest rates had to go before inflation was curbed. The base rate back then was around the 19% level prior to putting an end...
The last time gold sparkled was in the summer of 2011 when an all-time record of $1900/oz was achieved. Alas since then it has been a torturous journey as gold prices has trekked south arriving at today’s price of $1216/oz, registering a...
Gold has an inverse relationship with the US Dollar so when the dollar declines gold rises. The dollar is affected by monetary policy as decided by the various central bankers across the planet. We recently covered the effect of the...
Gold had a horrendous year in 2013 disappointing many of its supporters; however, 2014 started brightly bringing with it much hope for an attempt at achieving new record highs. Gold prices moved quickly from the $1200/oz level to flirt...
We are gold and silver bugs and as such we are aware of the myriad of factors that affect the price movements in the precious metals sector. Today we will take a quick look at just one of them; The US Dollar. 2013 was a disastrous year for...

In 1933 President Franklin Roosevelt signed Executive Order 6102 which outlawed U.S. citizens from hoarding gold.

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