Category: Gold and Silver 2015
The analysis published under this category are as follows.Wednesday, July 15, 2015
‘Black Swan’ Taleb Warns Financial Market Calm Before The Storm / Commodities / Gold and Silver 2015
- Is the apparent calm of the West a signal of latent instability?
- Increasing symptoms of instability in West as proposed by Nassim Taleb
- Wider public and mainstream press believe “experts” have everything under control
- Black Swan approaches and we may be experiencing “the calm before the storm”
Wednesday, July 15, 2015
How to Obtain Silver Coins and Rounds in Short Supply / Commodities / Gold and Silver 2015
There are two kinds of constraints when it comes to supply in the physical markets, and anyone building a position in physical metal needs to know the difference.
The first type is temporary. The other signals a sea-change, the rush for physical metal going mainstream. When it happens, it’ll be “go time” in the physical markets. The time get your hands on products widely available at low premiums will be over.
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Tuesday, July 14, 2015
Silver Pretty, Silver Ugly / Commodities / Gold and Silver 2015
The big picture in simple terms:
- US national debt is huge, ugly, unpayable, and accelerating higher.
- Silver Eagles are pretty and are priced low.
- Silver prices will increase erratically, driven higher by a devalued dollar, along with increasing debt.
- Silver is currently at the low end of the silver to national debt ratio.
- Silver is currently at an 81 month cycle low.
Tuesday, July 14, 2015
Greeks Cannot Access Cash, Gold, Silver In Bank Safety Deposit Boxes / Commodities / Gold and Silver 2015
- Greek capital controls also prevent access to contents of safe deposit boxes
- Restrictions on safe deposit access doesn’t protect banking system unless contents confiscated
- Readers should heed warnings by Marc Faber and Ian Spreadbury of Fidelity
- Important to own assets outside banking system and not in bank safe deposit boxes
- Own physical bullion in private safety deposit boxes and the safest private vaults
Monday, July 13, 2015
Gold Price Seasonal Tendencies for July 2015 / Commodities / Gold and Silver 2015
“History doesn’t repeat itself but it rhymes” the saying goes. If this is in fact true, and what has happened before might imperfectly repeat itself in the future, this might be used in financial markets. But how to use it exactly? Is there a way to get clear indications as to what used to happen in the past to get a notion of what might come?
It is frequently difficult to quantify past events in a meaningful way to get an idea of the possible future tendencies. At Sunshine Profits, we have come up with a methodology to look at the past and recognize tendencies that might repeat themselves in the future – we have developed a tool called True Seasonals to analyze this sort of patterns.
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Monday, July 13, 2015
Silver Bullion Demand High – Price Falls and Premiums Surge / Commodities / Gold and Silver 2015
- Silver imports into U.S. surge 33%
- Silver Eagle demand very robust
- Silver Eagles and Maples see 25% surge in premiums and shortages
- Silver price falls over 3.8% on same day as U.S. Mint runs out of silver eagles
- Total ETF Silver holdings remain robust – over 500 million ounces
- Increase in demand seems to becoming from large entities buying bars
- Silver is great value sub $20 per ounce
Monday, July 13, 2015
Gold, Silver and the Two Horsemen of The Apocalypse / Commodities / Gold and Silver 2015
If we can reassign meanings given to the biblical Four Horsemen of the Apocalypse from the original, we can then say financial markets saw two of them this week. The first brought us the Greek Crisis which went from very bad to impossible to resolve, and the second was a collapsing stock market in China. Between them these two events triggered another flight into the US dollar, which would have been far worse without central bank intervention. With the dollar rising against the euro, commodity prices, particularly energy and oil, have fallen sharply, with US Crude down over 15% in the last month.
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Monday, July 13, 2015
Gold Price Peculiar 6 Month Cycles / Commodities / Gold and Silver 2015
In this report I'm going to show you some more of the same precious metals stocks we've been following as more are joining the impulse move to the downside adding confirmation. Unlike the US stocks markets that have been trading sideways since the December high of last year, the precious metals stocks are in a confirmed impulse move down and that's where the real money is made.
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Monday, July 13, 2015
Silver Price Remains in Long-term Downtrend / Commodities / Gold and Silver 2015
It's a strange situation - the long-term charts for silver continue to look awful, but there has been a quite dramatic improvement in its COTs, which now look positive, with readings that in the past have consistently lead to rallies. However, this doesn't mean that any rally that develops soon will succeed in breaking silver out of its long downtrend.
Silver's 8-year chart shows the as yet unrelenting downtrend from its 2011 highs involving a classic "staircase" decline. On this chart it looks set to drop again, but perhaps after another rally first towards the upper boundary of the downtrend channel.
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Monday, July 13, 2015
Gold Price Awaiting Outcome of Greece Crisis / Commodities / Gold and Silver 2015
The situation is paradoxical - the charts of just about everything are positioned for a plunge - or a turnaround and limited recovery, which reflects the fact that markets are waiting on some sort of resolution of the standoff with Greece, either Greece walking away, a Grexit, or a fudge solution where Greece accepts defeat and is denied debt relief or it is obfuscated sufficiently for the markets to buy it and this may involve another "can kicking" exercise. While the charts for many commodities look scary, including gold and silver, their COTs now look bullish, which suggests that the fudge solution will be the outcome.
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Saturday, July 11, 2015
Gold and Silver Calm Before the Storm / Commodities / Gold and Silver 2015
Gold and silver were in the usual capping mode today, although silver managed to finish the week on a slight gain.
I am liking silver more and more here, and am not adverse to some small buys at regular intervals with a longer term time horizon. Nibbles, if you will.
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Saturday, July 11, 2015
Gold And Silver – Greece Needs Money? Money DOES NOT EXIST! / Commodities / Gold and Silver 2015
All the world is indeed a stage, and what is unfolding is a worsening tragicomedy, and it is under the direction of the elites through their debt enslavement [un]known by the world as fiat currency. The unelected “officials” in the EU are the equivalent of Keystone Kops. In fact, that is also true even of elected officials. They are all a bunch of clowns in charge of the circus called government.
There is a very high probability that what has been unfolding in Greece will eventually be in your own government, so pay close attention to the outcome of how the bankers are choking the economic life out of the Greek people, and as events have unfolded, it appears that Tsipras has caved into the moneychanger’s demands in exchange for a bailout. This is totally contrary to the outcome of the referendum wherein Greeks voted OXI for accepting the unacceptable financial impositions on Greek citizens.
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Saturday, July 11, 2015
The Shanghai Stock Market Crash and China Gold Demand / Commodities / Gold and Silver 2015
What it means for the future of the gold market
Read full article... Read full article..."At present, up to 12 trillion yuan stays in domestic residents' saving accounts. The launch of individual gold investment, therefore, will allow residents to change currency assets into gold assets. At the macro level, it will expand channels for changing savings into investment, thus adjusting the money supply; in the micro aspect, allowing citizens to trade and keep gold can improve social welfare, benefiting both the country and the population. Moreover, with the dual attributes of common commodity and currency commodity, gold is a desirable instrument for hedging. Therefore, developing gold trade for individuals is practical." – Zhou Xiaochuan, Governor, the People's Bank of China
Friday, July 10, 2015
Silver at the Mercy of China’s Stock Market / Commodities / Gold and Silver 2015
Silver's fate will be determined over the next few weeks by the events unfolding around China's stock market.
If their equity markets stabilize, and if it looks as if the worst is over, silver will stabilize as well. If not, then neither will silver.
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Wednesday, July 08, 2015
Gold's Unsafe Haven and Yen's Comeback / Commodities / Gold and Silver 2015
Gold's accelerating sell-off since June 18 highlights the metal's deteriorating role as a safe haven amid Greece uncertainty as other factors take priority. Oil's 19% decline from its May highs at a time when central banks have barely begun seeing some sort of positive trend in inflation resurrects fears of deflation or prolonged disinflation.
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Wednesday, July 08, 2015
Gold and Silver Spot Prices Increasingly Detached from Reality / Commodities / Gold and Silver 2015
Clint Siegner writes: An insolvent Greece has defaulted. On June 30th, officials missed repayment of billions in lMF loans and declared a banking holiday. Predictably, many Greek citizens responded to the crisis and bought gold coins. So did a lot of people here in the U.S. and around the world. You just wouldn’t know it by looking at spot prices.
The regular disconnect between the futures markets, where spot prices are set, and the physical markets reveals a growing problem. The link between the spot price and physical demand is thin at best. That is why the base price for gold coins in an Athens coin shop can get cheaper, but the all-in cost of buying the coins goes up as the line of buyers grows.
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Wednesday, July 08, 2015
ALERT! U.S. Mint Suspends American Silver Eagle Sales / Commodities / Gold and Silver 2015
ALERT!
We have received word through an industry source that the U.S. Mint temporarily suspended sales of American Silver Eagles due to strong investor demand. It intends to resume sales in two weeks. The Mint sent out an announcement to this effect earlier today.
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Monday, July 06, 2015
Silver Price Consolidating Ahead of Another Sharp Drop / Commodities / Gold and Silver 2015
Silver's cheerleaders are trying to keep their flocks happy by talking it up as usual, but the hard reality is that silver's charts continue to look awful, and like it is readying for another sharp drop, which fits with our view that the dollar is getting ready for another big upleg.
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Monday, July 06, 2015
Gold Price Gravitating Lower Towards $1000 / Commodities / Gold and Silver 2015
Gold has not even been able to muster a rally on the Greek crisis, which is a bad sign, especially as the dollar looks like it is preparing to break out upside from a large consolidation pattern.
On its 8-year chart we can see that gold is still in the large downsloping consolidation pattern that has been going on for 2 years now. Goldbugs like to think that this trading range is a pattern is a base pattern, and while it may be, this is viewed as wishful thinking. Instead it looks like the B-wave of a large A-B-C correction from gold's highs in 2011. If it is, then the C-wave, which is suspected to be imminent, will take gold down at least to the strong support in the $1000 area, and probably lower towards the lower boundary of its large downtrend channel shown - if it gets there we are looking at $850 - $870. The good news is that this should mark the end of gold's bearmarket, especially as a rising rate cycle is just over the horizon, and contrary to popular belief, gold thrives in a rising rate environment - anyone remember the late 70's??
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Friday, July 03, 2015
Gold and Silver Subdued / Commodities / Gold and Silver 2015
Gold and silver had a poor week, with no relief from drifting prices after the end of the second quarter. The gold price opened on Monday morning in the Far East at $1187 and fell to a low point at $1158 yesterday. Silver mirrored gold's move falling from $16.05 to $15.50. Both metals rallied yesterday afternoon with gold down slightly but silver up 14 cents. In early European trading this morning there were further small gains.
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