Peter Krauth
A former portfolio adviser and a 20-year veteran of the resource market - with special expertise in energy, metals, and mining stocks - Peter uses the close contacts and connections he amassed over the years to exploit the moneymaking potential of every kind of commodity.
Peter travels around the world to dig up the latest and greatest profit opportunity, whether it's in gold, silver, oil, coal, potash, chromium, or even water. He has also contributed some of the most widely read and highly regarded investing articles on Money Morning.
Peter holds an MBA from McGill University.
Peter'S LATEST HEADLINES
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Why the Price of Silver Could Rally Following the Midterm Elections
The price of silver struggled in the early part of last week as the dollar gained and stocks retreated.
Silver prices gave back about 2.6% in just two days. That would be a short-term blip, with silver quickly regaining all those losses in the next two days.
October was brutal to stocks, with major indexes losing anywhere from 11% to almost 15%. By contrast, the silver price was down just 2.4%, while silver stocks gave back about 5%.
There's little doubt from the action in both the dollar and precious metals that U.S. midterm elections have some sway on investors, which have sought shelter with these safe havens in the face of political uncertainty.
I think the removal of that uncertainty, to a large extent, will take some air out of the dollar, which could help silver continue to rally. - Why Gold Prices Are Gaining Thanks to the Dollar
- Here's Where the Price of Silver Is Headed in November
- Gold Prices Are Forming a Lucrative "Golden Staircase" Pattern
- The Global Car Industry Can't "Go" Without This Metal
- Market Turmoil Is Setting Silver Prices Up for a Historic Rally
- Gold Prices Are Gathering Momentum for a New Rally
- Why Silver Prices Are Set for a Breakout as the Dollar Falls
- This Gold Price Rally Isn't Slowing Down Anytime Soon
- Here's My Newest Target for the Price of Silver