Category: Gold and Silver 2015
The analysis published under this category are as follows.Wednesday, August 12, 2015
Owing More Than Half Of The World's Gold / Commodities / Gold and Silver 2015
Gold has bottomed in terms of just about everything like oil (in 2005), platinum (2008) and the Dow (1999). One important measure in terms of which it has not bottomed is the amount of currency (US adjusted monetary base).
This monetary base, as the name suggests, is at the root of debt or money creation in this debt-based monetary system. If this system was honest, then this monetary base would basically reflect gold available at the Treasury or Federal Reserve to redeem currency issued by the Federal Reserve.
Read full article... Read full article...
Tuesday, August 11, 2015
The War Between Physical Gold and Silver and Paper Hots Up / Commodities / Gold and Silver 2015
Gold and silver traded in a tight range this week on low futures volumes. Last Friday the gold price rallied from $1,080 to $1,101, last night it closed at $1,089. Silver also traded in a narrow range though both are slightly firmer in early European trade this morning.
Read full article... Read full article...
Tuesday, August 11, 2015
Gold and Silver Halfway Home? / Commodities / Gold and Silver 2015
First off I'm on a working one week family vacation down on the panhandle of Florida which is why I didn't get to post any late Friday Night Charts. It just so happened that this week was the best week to get the family together before school starts in a couple of weeks. I will still be watching the markets and posting each day but if nothing important is happening I may knock off a little early.
I also want to thank everyone who is posting at the forum. It really is a great place to share your idea's and ask question as we have some really talented folks there. As Sir Fullgoldcrown likes to say, "It's all for one and one for all." Whatever it takes to get an edge makes no difference to me as long as we get the edge.
Monday, August 10, 2015
Gold Technical Buy Signal / Commodities / Gold and Silver 2015
For those traders who need to wait until the 'technicals' signal a buy. The signal has been given.
Read full article... Read full article...
Friday, August 07, 2015
Gold Price’s Artificial Lows / Commodities / Gold and Silver 2015
With gold languishing near deep secular lows, its technicals look hopelessly broken. Sentiment is off-the-charts bearish, with traders universally convinced gold is doomed to spiral lower indefinitely. But gold’s weakness this year is very deceiving, as it wasn’t the product of global fundamental supply-and-demand forces. Extreme record shorting by American futures speculators spawned these artificial lows.
Gold’s price is its price, so how the metal got way down here may seem irrelevant. But nothing could be farther from the truth! Fundamentally-driven lows are righteous. If the world gold supply expands faster than demand, or demand contracts faster than supply, then the resulting lows are real. They will persist for as long as fundamentals remain unfavorable, as gold’s sellers have no obligations whatsoever to return.
Read full article... Read full article...
Friday, August 07, 2015
The Next Silver Bull Market May Have Already Started / Commodities / Gold and Silver 2015
By Laurynas Vegys
Silver is down 7.1% this year. Will this weakness persist? To find out, let’s look at the key factors in the silver market this year.
- Like gold, silver fell as the US dollar rose on the back of expectations that the Fed will hike rates.
- World demand for physical silver fell 4% in 2014, largely due to a record 19.5% drop in investment demand.
- Silver exchange-traded funds (ETFs) did not see big liquidations in 2014. ETF holdings grew by 1.4 million ounces and recorded their highest year-end level at 636 million ounces.
Friday, August 07, 2015
History Repeats. Gold Protect From Devaluations and Risks / Commodities / Gold and Silver 2015
- Simplistic gold analysis speculates solely on price
- Forgets vital importance of diversification
- Lorcan Roche Kelly’s analysis lacks all context
- Ignores huge physical demand for gold coins and bars
- Today’s world is very different to the world of the 1980s and 1990s
- Alas, financial crisis has been postponed not averted
- Physical gold will have value when paper and digital wealth is devalued, confiscated or inaccessible …
Friday, August 07, 2015
Gold Price Rebound or Another Breakdown? / Commodities / Gold and Silver 2015
The precious metals complex has attempted to stabilize over the past few weeks. Some markets have had more success than others. Gold has been able to hold $1080/oz while GDXJ has also held its recent low. The large cap indices (GDX, XAU, HUI) have grinded lower to new bear market lows this week. This leads us to the near term predicament. Is the sector basing before a rebound or merely consolidating before another steep leg down?
Read full article... Read full article...
Friday, August 07, 2015
The Myth of Gold Price Manipulation / Commodities / Gold and Silver 2015
How eager are gold bugs to believe their ill fortune over the last four years is the result of sinister forces rather than a lack of prudence on their own part? The answer is easily seen in the writings of gold commentators over the last few months. References to organized manipulation and an official conspiracy to suppress the gold price abound among many analysts and their followers.
The collective passion behind this belief has reached a fever pitch and has created something akin to mass hysteria within the gold investing community. To even question this ingrained belief is to elicit the scorn of the conspiracy crowd. So ingrained is their belief that gold’s losses in the last four years are the result of manipulation that they refuse to pay heed to the underlying fundamental and technical reasons for the metal’s 4-year bear market.
Read full article... Read full article...
Friday, August 07, 2015
Is Gold Price Manipulated? / Commodities / Gold and Silver 2015
Reader Matt writes ...
Read full article... Read full article...Hello Mish,
I love your blog. I read it every day. You are my non-conspiratorial viewpoint on the economy. Your work keeping an eye on and analysis of Greece lately has been very helpful to me in understanding the way of the world.
Thursday, August 06, 2015
Gold and Silver - Living With Rigged Markets / Commodities / Gold and Silver 2015
It’s enough that the mainstream financial media seems hell-bent of bashing gold. (Of course, silver gets hardly a mention). But GATA’s Chris Powell has been on a tirade of late, picking apart the lower hanging fruit of these theories and misplaced assumptions, if not outright desperate attempts to rationalize technically driven market prices.
The following is answer to a gold insider is a must read.
Read full article... Read full article...
Thursday, August 06, 2015
China’s Secret Gold Hoarding Strategy / Commodities / Gold and Silver 2015
Stefan Gleason writes: China’s recent stock market gyrations have some analysts now calling China the biggest bubble in history. But those who write off China because of market volatility are missing a more important long-term trend of Chinese geopolitical and monetary ascendancy. That trend shows no signs of abating.
China’s leaders have a clever strategy, and Western financial powers may someday wake up in shock when they realize what has occurred.
Read full article... Read full article...
Thursday, August 06, 2015
I'll Be Buying Gold and Gold Miners Soon / Commodities / Gold and Silver 2015
Dr. Steve Sjuggerud writes: Nobody is expecting a crisis (similar to the one Greece just had) in the U.S., so the prices of classic "hard assets" – like gold and gold miners – are attractively priced today.
The price of gold – astonishingly – is at a five-year low. Compare that with stocks, which have run up for six consecutive years.
Read full article... Read full article...
Thursday, August 06, 2015
Gold Leasing Rates Suggest Tightness in the New York Physical Markets / Commodities / Gold and Silver 2015
Gold rarely sees a pronounced backwardation in the futures markets, as we see in some other commodities. Even a slight backwardation over a period of time is unusual.
This might be related to the lack of heavy physical delivery coming out (being withdrawn) from the Comex complex, especially in recent times where the number of potential claims are much greater than the ounces of physical bullion actually available for delivery.
Read full article... Read full article...
Thursday, August 06, 2015
The Best Way to Buy Gold Today / Commodities / Gold and Silver 2015
MoneyMorning.com Peter Krauth writes: At $1,084 per ounce, gold is scraping multiyear lows, down 42% in four years.
And it seems the gold bears dominate the headlines – everywhere you look, each news item seems more negative than the last.
There have been calls for gold to hit $800… and even lower.
Read full article... Read full article...
Wednesday, August 05, 2015
Executive Order for Your Gold / Commodities / Gold and Silver 2015
Co-Authored: Chris Vermeulen and Kal Kotecha: In 1933, with America five-years deep into The Depression, the stage was set for an act of unprecedented proportions. History shows a wicked warlock at work.
On March 6, 1933, Executive Order (EO) 6073 was passed by Franklin Delano Roosevelt (FDR), the 32nd President of the United States in an attempt to solve the dire banking crisis. Executive orders have been around since 1789, allowing Presidents to issue legally binding orders unilaterally, without the consent of Congress. During his Presidential tenure, from 1933 to 1945, Roosevelt would issue 3,728 Executive Orders.
Read full article... Read full article...
Wednesday, August 05, 2015
Gold Price Two Steps Forward … One Step Back / Commodities / Gold and Silver 2015
- ‘Death of gold’ greatly exaggerated
- Vital context: gold rose sharply in years preceding crisis and during crisis
- Important to consider gold in local currency terms
- In euro, gold is up 2% in 2015, after 13% gain in 2014
- Gold at €300 in 2001, rose to €1,400 during crisis and at €1,000 today
- History, academic and independent research shows gold is a safe haven
- Sharp fall in value of commodities means global economy is weakening
Wednesday, August 05, 2015
These Charts Prove Gold Is Poised for a Rebound / Commodities / Gold and Silver 2015
Sean Brodrick writes: I’m about to show you five commodity charts, four of which should blow your mind.
First of all...
You probably know that gold is cheap. The yellow metal is way, way off the highs it hit in 2011. This is due, at least in part, to the rocketlike rise of the U.S. dollar.
Read full article... Read full article...
Tuesday, August 04, 2015
Gold Investing: Use the Cockroach Strategy / Commodities / Gold and Silver 2015
Gold: the monetary metal that central bankers, politicians, and Too-Big-To-Fail bankers publicly hate.
The Cockroach Strategy: A cynical but depressingly accurate view of politics that can assist your investment decisions. It assumes the following:
Read full article... Read full article...
Tuesday, August 04, 2015
Is Gold Doomed? / Commodities / Gold and Silver 2015
After gold declined to a 5-year low, the message is that gold is doomed. Is it really true?In the past few weeks, the price of gold has suffered a significant decline, indicated by multiple technical signals and triggered by China's disappointing disclosure of its official gold reserves on July 17 and the following heavy selling in the Asian market. Gold bullion dropped by 6 percent in July, significantly deteriorating the market sentiment toward the yellow metal. Indeed, the sentiment indexes fell to record lows.
Read full article... Read full article...