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Phillip Streible

Phillip Streible

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Phillip Streible is a Series 3 licensed Chief Market Strategist at Blue Line Futures and specializes in working with clients in developing futures and options strategies in the metals markets. As the Chief Market Strategist his goal is to show clients how to anticipate, recognize and react to bull and bear market conditions through the use of fundamental and technical analysis techniques that help them to define risk. With more than 16 years of experience working with clients, Phillip ran one of the largest retail commodities desks while at Lind-Waldock where he focused on metals, energies, currencies and agricultural markets.

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Gold/Silver: Reduce exposure, raise stops and buy the dip

(Kitco commentary) - Volatility, Systematic risks, and contagion fears continue to dominate headlines. Yet again, it was another historic week in the markets as Gold and Silver continued to rise with turmoil in the banking sector and the Fed trying to backstop the market by inflating its balance sheet by $400 Billion in the past two weeks.

Gold/Silver: Silver is ready to explode; watch this chart pattern

(Kitco commentary) - This past week has been fast-moving for the Global markets and policymakers. Expectations are moving from a 50 BPS rate hike in March to stress testing banks, and the increasing odds of a rate cut have been a quick reality check for demand-driven commodities such as Copper, Crude Oil, and Palladium.

Gold/Silver: The safe-haven buying begins

(Kitco commentary) - It was a roller coaster ride of a week not only in Precious Metals but across asset classes with what seemingly has been one extreme volatility event after another.

Gold/Silver: The next bull wave begins

(Kitco commentary) - It was a turning point for Precious Metals this week as Gold, Platinum, and Silver all rose after six straight down weeks.

Gold/Silver: Strategic investing for the long haul

(Kitco commentary) - Red-hot inflation data continues to pressure the Precious Metals markets, with Core PCE price data (the Fed's preferred inflation indicator) coming in at 0.6% vs. 0.4% expected on Friday.

Gold/Silver: Now is the time to dollar cost average

(Kitco commentary) - It was just seventeen days ago (February 1) when Gold went on a two-day rally looking as though it was going to punch back through $2000/oz (Silver $25/oz), and if you were not already on board, you thought you missed it for good.

Gold/Silver: Long-term buying opportunities are here

(Kitco commentary) - It has been a challenging two weeks for Precious Metals as bottoming action in the U.S. Dollar, followed by a steady rise in interest rates, has put pressure on the bulls.

Gold/Silver: The floor on silver is stronger than ever

(Kitco commentary) - Volatility is back, and emotions are running high after a better-than-expected nonfarm payroll report (517,000 vs. 193,000 exp.) put the dovish "pivot" narrative to bed and caused the market to reprice in "tighter for longer."

Gold/Silver: Silver investors this is how you play Wednesday's FOMC meeting

(Kitco commentary) - We saw another strong week for Gold as it continues to outperform the other metals with tailwinds set in place to push it through the $2,000/oz mark, led by the end of Fed rate hikes and a declining U.S. Dollar.

Gold/Silver: The pathway to $2000/oz

(Kitco commentary) - The metals markets were mixed this week with Gold, the most interest rate-sensitive metal out of the basket, continuing to run higher with no sign of consolidation.