What Is Driving Up Silver (SLV) Besides Gold?

silver-to-gold

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Summary

  • The fall in the U.S. treasuries yields keeps up the price of SLV.
  • The rally of gold is only partly related to the recovery of silver.
  • Despite the recovery in silver prices, SLV’s silver holdings didn’t pick up.

The silver market has started off the year on a positive note as shares of iShares Silver Trust (NYSEARCA:SLV) added nearly 14% to their value (up to date). Is most of this recovery related to the rise in

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Switzerland’s Monetary Policy Change – GOLD Rallies

Investing in Gold

Summary

  • The Swiss National Bank’s decision to end its policy to peg the Swiss franc to the euro stirred up the financial markets.
  • The decision seems to have also pulled up the price of GLD.
  • How SNB’s decisions relates to the recent rally of GLD.

By Lior Cohen

The big news from the Swiss National Bank to stop pegging its currency to the euro has shocked the foreign exchange markets. Some analysts have also linked this move to the recent recovery of gold, including the SPDR Gold Trust ETF (NYSEARCA:GLD). This relation, however, isn’t straightforward – let’s examine the recent rally of GLD.

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Gold Rallies As Swiss Abandon Euro FLoor

Investing in Gold

  • Gold’s ahead by 1.4% to $1,252 per ounce – its highest level in three months – as the SNB, after nearly four years, gives up trying to defend the CHF 1.20 floor under the euro/franc exchange rate.
  • With the franc higher by 14% at last check, gold is cratering in Swiss terms, but is nicely higher when measured against all other currencies.
  • GLD +1.8% premarket
  • The gold miiners are
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Terry Sacka Discusses “BRICS Nations & the Impact on the U.S. Dollar Dominance” on The Wealth Transfer

Terry Sacka discussing the BRICS Nations & the Impact on the U.S. Dollar Dominance on the Wealth Transfer show. The Wealth Transfer is a weekly program airing Thursdays at 10pm (EST) on the Christian Television Network (CTN) with host Dr. Charles Vance and featured speaker Terry Sacka, AAMS discussing global economics, biblical & financial principles, and the

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Examining GLD In Relation To The U.S. Dollar And Russia

Investing in Gold

Summary

  • The recent developments in Russia may also play a role in the progress of GLD.
  • The upcoming non farm payroll report could bring further down GLD.
  • Let’s examine the relation between GLD and U.S. dollar.

By Lior Cohen

The price of the SPDR Gold Trust (NYSEARCA:GLD) declined by only 3% during 2014. Nonetheless, the ETF also recorded an 11% drop in

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