http://www.illuminatisilver.comToday is Sunday 10th January 2016 and we are providing a brief gold and silver roundup for last week.
Gold rose in US dollar terms last week by $43 from $1061 to $1104 a rise of some 4% while silver also rose but only by 12 cents from $13.82 - $13.94 some 0.9%. Both gold and silver had risen higher than these levels with silver advancing impressively up to the $14.35 level only to fall back again below $14. The (GSR) Gold to Silver Ratio strengthened from 76.8:1 to 79:1. The rise of both metals were caused by a mix of fresh physical and paper buying, investment monies moving out of stock-markets and partially into gold, geopolitical tensions, not least being Syria, and the more headlined dispute between Saudi Arabia and Iran. However poor Chinese Manufacturing data backed up with another Yuan devaluation not only capped these rises, but in the case of silver aided significantly in its price reversal.
Stockmarkets around the world have fallen, with Trading being frozen on both the Shanghai and the Shenzhen stock exchanges on Monday and Thursday after stocks plunged by more than 7 percent as a result of tensions after North Korea's nuclear test and the spat between the Arab world and Iran, coming amid further data showing that Chinese economy is slowing down.
For the coming week we can see some further slight strengthening in both gold and silver short term, especially as traditionally January is positive for precious metals and the entry of the Chinese New year shortly being upon us. This is nevertheless tempered by any potential rise in the dollar which may occur over the next couple of weeks as a result of equity funds moving into US Treasuries and Bonds. We still foresee over the coming months further weakness in silver especially, and some weakness, but slightly less as a percentage in gold. We shall be producing a medium term forecast by the end of this week.
Please view our other more recent videos:
Gold and Silver Price Manipulation Part 2 of 11 by illuminati silver
https://youtu.be/v9JmEeTmeAgGold and Silver Price Manipulation Part 2 of 11 by illuminati silver
https://youtu.be/SU5F60uOKNwGold and Silver Price Manipulation Part 1 of 11 by illuminati silver
https://youtu.be/QpchGpxNbq8China Share Trading Halted after Stock Market Plunges 7%
https://youtu.be/VjRTsqelPeMGold and Silver Price Roundup and Comparison 2015
https://youtu.be/Lk-8TgsUnz41 KG Proof Silver Nelson Mandela Commemorative Medallion
https://youtu.be/OVO0F3juRtsGold and Silver prices rise on back of Iranian Diplomat expulsions by Saudi Arabia
https://youtu.be/MSId-nDbYKIChristmas Silver Unboxing by Illuminati Silver
https://www.youtube.com/watch?v=sBoVuwpQSC4Bilderberg Group β Who they are and what they do - Conspiracy?
https://youtu.be/DZc8c5TSQsIThe Gold and Silver Pumpers Christmas Song - by illuminati silver
https://youtu.be/druZd0ZAWRUPeter Schiff was wrong on interest rates going up in 2015
https://youtu.be/6EJQ2t_6k0sFED Raises Interest Rates by 0 25% Gold and Silver Rise prior to the Announcement
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