Category: Gold and Silver 2016

Wednesday, October 05, 2016

Gold Buying ‘Opportunity’ After Surprise 3.4% Drop / Commodities / Gold and Silver 2016

By: GoldCore

“Gold rebounded after the biggest drop in more than a year as investors reminded themselves of a world that’s beset by risk, from the prospect of further currency weakness to the final stretch of the U.S. presidential election,” according to Bloomberg today.

Wednesday, October 05, 2016

Gold Price Plunges on Rate-Hike Fears / Commodities / Gold and Silver 2016

By: The_Gold_Report

Gold fell below $1,300 today for the first time since the Brexit vote in June, as the dollar index rose to a two-month high.

Gold fell below $1,300 today for the first time since the Brexit vote in June, as the dollar index rose to a two-month high. At press time, gold was down $42, at $1,270.

Tuesday, October 04, 2016

Key Breakdowns after Silver’s Final Reversal / Commodities / Gold and Silver 2016

By: P_Radomski_CFA

The end of the previous week was rich in signals as gold, silver and mining stocks all reversed along with the USD Index. Gold closed the week below the rising support line and the implications should not be ignored even by those who usually focus on fundamentals alone.

Why? Because in the short- and medium term, the important technical developments will shape the price – not the fundamentals. Why should one care? In early 2008 silver was priced above $20 and in late 2008 it was priced below $10, even though the fundamental outlook didn’t change. Similar price swings can make a lot of money for those who pay close attention to what’s going on – but knowing about positive fundamentals is not enough.

Tuesday, October 04, 2016

Assessing the Short-Term Outlook for Gold and Silver and the Miners / Commodities / Gold and Silver 2016

By: The_Gold_Report

Precious metals expert Michael Ballanger assesses the gold-silver ratio and its ramifications for the market.

I want to go on the record and state categorically that, in my opinion, technical analysis is of limited value when trying to predict the short-term movements of precious metals. However, there are millions of traders and investors out there who believe that it does work despite interventions, manipulations, and the ability of the bullion banks to fabricate a surrogate for actual physical gold by way of paper futures. In light of that, the short-term technical set-ups for gold and silver and the miners are all different in that after Friday's month-end bombardment, which originated in the London options market, that formidable uptrend line that began in December 2015 has finally been vanquished.

Tuesday, October 04, 2016

NIRP is the Fuel that Will Rocket Gold Price to $5,000 or Higher / Commodities / Gold and Silver 2016

By: Graham_Summers

For decades, the primary argument by Warren Buffett and other financial elites for not owning gold was that “gold doesn’t pay you anything.”

Once the ECB took interest rates to NIRP in 2014, this argument became null and void. In a world in which bonds are charging you to hold them, gold with its ZERO yield has become attractive as an investment.

Monday, October 03, 2016

Gold Price Reversal / Commodities / Gold and Silver 2016

By: Bob_Loukas

The Gold market continues to be lethargic.  Two weeks ago, negative rumblings about Deutsche Bank pushed Gold higher out of the Half Cycle Low.  But the move quickly stalled on a gold price reversal, ensuring that the current Daily Cycle (DC) would remain Left Translated.

Gold’s current sluggishness is not unexpected, however.  18 weeks into any Investor Cycle should see sellers largely controlling the action, and I’d expect that to be the case with Gold until it finds an Investor Cycle Low (ICL).

Monday, October 03, 2016

Sterling Gold Rises 1.3% as Sterling Slumps On ‘Hard Brexit’ Concerns, Up 36% YTD / Commodities / Gold and Silver 2016

By: GoldCore

Sterling gold rose 1.3% today as sterling slumped again after the UK set a March deadline to start their ‘Brexit divorce’ proceedings from the European Union and on deepening nervousness regarding a ‘Hard Brexit’.

Sunday, October 02, 2016

Gold And Silver – Qrtly, Monthly Charts. Last Weekly Commentary / Commodities / Gold and Silver 2016

By: Michael_Noonan

This will be our last weekly commentary on the markets. What we know for certain is that the globalists have a stranglehold on the markets, and more importantly, a stranglehold on all Western nations to the point where life has become a theater of the absurd, negatively and without an end in sight.

We have been leaning in this direction for some time. Time off at the end of August, when access to a computer and news was limited to an hour a day, and we chose to use only a small portion of the allotted time, drove home the point, or more appropriately the pointlessness of what is going on all around the world.

Sunday, October 02, 2016

Precious Metals Complex Monthly Charts Argue for Lower Prices / Commodities / Gold and Silver 2016

By: Jordan_Roy_Byrne

The trading month doesn't always end on a Friday but when it does we like to take a look at the monthly charts. Generally, I prefer daily and weekly charts because they have more data points. However, monthly charts carry more significance than weekly charts which carry more significance than daily charts. You get the point. One reason and a good reason we expect the current correction to continue is the sector monthly charts.

Friday, September 30, 2016

Silver Way Undervalued / Commodities / Gold and Silver 2016

By: Zeal_LLC

After rocketing higher mid-year, silver has spent most of the third quarter drifting sideways to lower.  This has naturally weighed on sentiment, with investors and speculators alike growing more bearish during recent months.  Yet silver remains way undervalued relative to its primary driver gold, so silver’s young bull market is far from over.  This metal’s upside from here is still massive as it mean reverts higher with gold.

Silver has always been exceptionally volatile, which is partially a function of this market’s relatively-small size.  The world’s leading authority on global silver supply and demand is the venerable Silver Institute.  It reported total worldwide silver demand of 1170.5m ounces in 2015.  At last year’s average silver price of $15.68, that works out to an annual market value of $18.3b.  That’s practically a rounding error!

Friday, September 30, 2016

Why Krugman, Roubini, Rogoff And Buffett Dislike Gold / Commodities / Gold and Silver 2016

By: GoldCore

By Jan Skoyles Edited by Mark O’Byrne : A couple of weeks ago an article appeared on Bitcoin Magazine entitled ‘Some economists really hate bitcoin’.

I read it with a sigh of nostalgia. As someone who has been writing about gold for a few years, I am used to reading similar criticisms as those bitcoin receives from mainstream economists, about gold.

Thursday, September 29, 2016

GOLD MARKET FLASH NOTE: Ending With a Bang, Not a Whimper / Commodities / Gold and Silver 2016

By: The_Gold_Report

Rudi Fronk and Jim Anthony, co-founders of Seabridge Gold, discuss how extreme monetary policy does not stimulate growth.

Thursday, September 29, 2016

Gold vs. Paper: The Only Debate That Matters / Commodities / Gold and Silver 2016

By: Peter_Schiff

Thursday, September 29, 2016

2017: Gold and Silver's Year of "Public Recognition" / Commodities / Gold and Silver 2016

By: MoneyMetals

In all probability, December 2015 marked the bottom of the cyclical gold and silver bear market – a bear cycle that had been in play since silver topped in May 2011 and gold in September of the same year.

During the fourth quarter 2015, share price declines of the precious metals mining companies tapered off once the last of the weak hands gave up and sold their positions to stronger, forward-looking investors.

Tuesday, September 27, 2016

Charting the Continuing Gold Market Correction / Commodities / Gold and Silver 2016

By: The_Gold_Report

Technical analyst Jack Chan plots the continuing correction in the gold and silver markets.

Monday, September 26, 2016

Gold’s Moving Averages and Long-Term Outlook / Commodities / Gold and Silver 2016

By: P_Radomski_CFA

Gold moved about $30 last week and many investors view this fact as a bullish sign and indication that much higher gold prices are likely to follow. Is this really the case? Let’s take a look at the gold charts (charts courtesy of http://stockcharts.com):

Saturday, September 24, 2016

Gold and Gold Stocks Corrective Action Continues Despite Dovish Federal Reserve / Commodities / Gold and Silver 2016

By: Jordan_Roy_Byrne

There were some hopes that a non-move by the Fed would end the current correction in precious metals and spark a move to new highs. Unfortunately, the Federal Reserve cannot override the supply and demand component of the market. Gold and gold stocks popped higher but less than two days later the sector (and specifically the miners) has given those gains back. That tells us plenty of sellers remain and this sector needs more time and perhaps lower prices before this correction ends.

Friday, September 23, 2016

Gold Unleashed by the Fed / Commodities / Gold and Silver 2016

By: Zeal_LLC

Gold surged sharply this week after the Yellen Fed yet again chickened out on raising its benchmark interest rate.  Gold-futures speculators’ irrational fear of Fed rate hikes has been a major drag on gold.  And rate-hike risks just plummeted in the coming months, since the Fed can’t risk acting heading into this year’s critical US presidential election.  So gold’s next major upleg was likely just unleashed by the Fed.

Oddly, Wall Street’s expectations for a rate hike at this week’s latest meeting of the US Federal Reserve’s Federal Open Market Committee were surprisingly high.  The interest-rate target directly controlled by the FOMC is the federal-funds rate.  Commercial banks are required to hold reserves at the Fed.  They lend these reserves to other banks overnight in the federal-funds market, at the FOMC’s federal-funds rate.

Friday, September 23, 2016

Gold around U.S Presidential Elections / Commodities / Gold and Silver 2016

By: Arkadiusz_Sieron

In previous articles, we examined gold's performance in the presidential election cycles. The only relatively reliable conclusion we were able to draw from the long-term analysis is that the post-election year is the worst for the price of gold in the whole cycle. Let's now focus on gold's short-term dynamics around election time.

The two charts below show the dynamics of gold prices thirty trading days before Election Day and thirty days after.

Thursday, September 22, 2016

Gold Rises 1.5%, Silver Surges 3% After Fed Stays Ultra Loose At 0.25% / Commodities / Gold and Silver 2016

By: GoldCore

Gold was up 1.5% and silver surged 3.1% yesterday after Janet Yellen again failed to raise rates from record lows at 0.25%. The Fed maintained ultra loose monetary policies which are again creating stock and bond market bubbles in the U.S. and other countries.