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Gold and Silver Update w/e 5th February 2016 - by illuminati silver

2,692 views · Published 6 February 2016 · 7:50 · Indexed 4 November 2026

Channel: The 2% Brief · 2016 · People & Blogs

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Today is Saturday 6th February 2016 and we are providing our brief gold and silver update for week ending 5th February.

Gold rose in US dollar terms last week by $55 from $1118 to $1173 having been as high as $1175 and as low as $1117. In sterling terms it rose by £24 and in Euro terms it rose by 19 Euros
Silver rose 72 cents from $14.27 - $14.99 having reached a high yesterday of $15.05 and a low of $14.25. In sterling terms it rose by 32 pence, and in Euros by 0.26 Euros. The Gold to Silver Ratio dipped slightly from 78.35:1 to 78.2:1 exactly the same as the week before last.

However let’s not lose sight here of what is actually happening. The world is reporting lower economic growth figures and reduced forecasts, stock markets bubbles are being deflated and the latest US jobs figures were disappointing to say the least. All this is leading to an increasing chance of interest rates not rising in March as originally planned, and as we suggested a couple of weeks ago. This week we are entering the Chinese New Year, and the Indian Wedding season is almost upon us – all of these aspects are bullish for gold and silver. Yet despite their 9% and 8% rises, add in geopolitical turmoil into the mix, their prices should be considerably higher. With the recent rises, only paper traders will have been able to make money. Physical buyers for this year will be at break-even at best due to premiums and buy sell spreads (and that really only applies to physical gold).

Please view our recent videos:

S Job Figures for January 2016 fall well below market expectations
https://youtu.be/jyJ9Zn07iqc

Bank of England Holds Rates at 0 5% because of economic slowdown and low inflation
https://youtu.be/mkQZfYgDYWU

China to launch its own Government Backed digital currency in 2016
https://youtu.be/_jxfeE5vjFQ

Who really won Iowa - Cruz - No - Trump - No - Rubio - Yes
https://youtu.be/SCftCUn2xiY

Gold and Silver weekly update for w/e 29th January 2016 - by illuminati silver
https://youtu.be/hDrJrr0bPJo

Fed January 2016 announcement makes March Interest Rate rise less likely
https://youtu.be/nFOa6zo0KAE

Remember It's not all about numbers by David Pannizzutti - an illumnati silver subscriber
https://youtu.be/lTZSjQP-ROU

Why I Buy Silver in 2016 - An American Boomer's Perspective - by an illuminati silver subscriber
https://youtu.be/HctayjWa_WU

The Functionality of Full Reserve Banking
https://youtu.be/U29io8uyI60

Gold and Silver Update w/e 22nd January 2016 by illuminati silver
https://youtu.be/mqZQlGCsGAM

Illuminati Silver Launches New Face Book Page at www. facebook. com/illuminatisilver
https://youtu.be/1OpJr4aZd14

This is Bill - Bill is Smart - Be Like Bill - Support illuminati Silver
https://youtu.be/-G6EjOCRXTc

illuminati silver - First 110 videos - Part 2 (and even more nice music)
https://youtu.be/euXhINcEFas

illuminati silver - First 110 videos Part 1 (and some nice music)
https://youtu.be/q-et_Iuc_10

Gold and Silver Price Manipulation - Part 5 of 11 - by illuminati Silver
https://youtu.be/KpFpSIFC-fc

Sarah Palin Backs Donald Trump's Campaign
https://youtu.be/mPSnBXilZbg

Governor of the Bank of England blames China for continuing UK low interest rates
https://youtu.be/JSdFiY69A1E

Gold and Silver Update w/e 5th February 2016 - by illuminati silver

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