Category: Gold and Silver 2016
The analysis published under this category are as follows.Thursday, June 23, 2016
BREXIT Day – Markets Becalmed – Gold Panic Prelude / Commodities / Gold and Silver 2016
BREXIT Day and the UK EU referendum is upon us today and investors are expecting more choppy trading in financial markets in the coming hours. The City of London is bracing itself for potentially the most volatile night since the sterling devaluation on Black Wednesday.
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Thursday, June 23, 2016
What Billionaire Investors Are Doing with Gold While Your Not Watching / Commodities / Gold and Silver 2016
With each passing day, systemic risks in the financial system become greater. Smart money insiders and billionaire investors are taking note – and taking defensive actions.
Mega-billionaire Carl Icahn, whose long-term track record is unrivaled, recently warned that “there will be a day of reckoning unless we get fiscal stimulus.” Icahn’s hedge fund is betting on a day of reckoning scenario. He has gone 150% net short the stock market while holding commodity-related positions to the long side.
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Thursday, June 23, 2016
Why the Average Person Should Own Some Gold and Silver / Commodities / Gold and Silver 2016
"Ability is of little account without opportunity." ~ Napoleon Bonaparte
We live in a world where the main driving force behind this illusory economic recovery is hot money and data manipulation. According to Government stats, inflation is nonexistent, but anyone with a grain of grey matter understands that this is not the real case. Rents, education and medical costs are soaring, and salaries are dropping when inflation is factored in. In simple words, you are working more and more for less and less. This is not the American dream; in fact, it sounds more like the American nightmare. The purchasing power of the dollar has been eroded dramatically over the years. According to the website usinflationcalculator.com, an item that set you back $20.00 in 1913 would cost you over $485 in 2016, for a cumulative rate of inflation of 2320%.
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Wednesday, June 22, 2016
Proof that the Gold Bears are Wrong / Commodities / Gold and Silver 2016
I am bullish on gold and I own gold and mining stocks, because gold is in a bull market.
I have been trying to do my best to tell people this, but many people simply do not believe it.
Gold and the mining stocks went through a very brutal bear market for five years and that makes it hard for people to believe that any of the rallies are real. What is more there are several “experts” that keep calling for gold to fall to $1,000 or even $250 an ounce that are scaring people out of gold.
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Wednesday, June 22, 2016
Gold Falls Despite “Panic” Due To “Supply Issues” In Inter Bank Gold Market / Commodities / Gold and Silver 2016
Gold fell again today to its lowest in a week despite continuing uncertainty about the outcome of the Brexit referendum. This is contributing to very significant high net worth and institutional demand in recent days, particularly in the UK, which is leading to “panic” and “supply issues” in the interbank gold market.
Supply issues which respected gold analysts and ourselves have warned in recent years were taking place, would deepen and would ultimately lead to a reset of gold prices to much higher levels.
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Wednesday, June 22, 2016
Gold and its 200 Week Moving Average / Commodities / Gold and Silver 2016
I think we can safely assume the Brexit vote is going to fail. This should be bullish for stocks and bearish for the dollar. A falling dollar should be good for gold. However, with stocks and oil moving higher it’s likely to take some focus off gold.
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Tuesday, June 21, 2016
Gold Falls As UK Gold Demand “Rockets” – Investors “Seek Stability” / Commodities / Gold and Silver 2016
Gold fell again today despite very robust physical demand in western markets and especially the UK. Gold fell to a ten-day low as the recent global share rally showed signs of exhaustion.
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Tuesday, June 21, 2016
$GOLD vs. Brexit / Commodities / Gold and Silver 2016
I see traders everywhere worrying about how the Brexit vote will effect gold. Folks, forget about the Brexit. By this time next week the Brexit will already be fading into memory and the market will go back to doing what it was doing before the vote.
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Monday, June 20, 2016
Could Central Bankers Be Gold and Silver's BIGGEST Allies? / Commodities / Gold and Silver 2016
Welcome to this week’s Market Wrap Podcast, I’m Mike Gleason.
Coming up we’ll hear from Dan Norcini, who joins us to break down the markets like no else one can. Dan discusses some of the wild moves in the markets of late, the thing he focuses on the most when trying to predict what’s ahead for gold and why he does not think the gold price is currently being manipulated. You will not want to miss an incredible interview with Dan Norcini, Trader Dan, coming up after this week’s market update.
Well on Wednesday, Federal Reserve policymakers opted to keep interest rates unchanged. The decision came as no surprise in the wake of the recent disappointment in jobs numbers.
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Monday, June 20, 2016
The Dow/Silver Ratio Signals All-Time High Silver Prices / Commodities / Gold and Silver 2016
I have written extensively about the relationship between the Dow and silver prices. One of the points I have emphasized, is the fact that Dow peaks are often followed by silver rallies.
Given the above, its natural that the Dow/Silver ratio is also an important indicator for future silver prices. One example of this, I deal with in my silver fractal analysis report:
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Sunday, June 19, 2016
Silver Sleeping On the Job / Commodities / Gold and Silver 2016
In the time of the ancient Babylonians - long before the periodic table - there were seven sacred metals: gold, silver, copper, iron, tin, lead and mercury.
In Roman and Greek Mythology, the First Age was called Golden, the Second Age Silver. Apollo, the god of truth and light, and teacher of medicine, carried a silver bow.
The hieroglyph of Isis (Egyptian moon goddess) is a crescent and images of her are usually reproduced with her standing on the Crescent. This has also become the symbol for silver – on old maps a crescent shows the location of a silver mine.
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Friday, June 17, 2016
The Fed Giveth and the Gold Bullion Banks Taketh Away… / Commodities / Gold and Silver 2016
Precious metal expert Michael Ballanger breaks down the gold price roller coaster surrounding the Fed's decision not to raise interest rates.
Janet Yellen just blew all remaining semblances of credibility believed to be still present at the U.S. Federal Reserve Board.
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Friday, June 17, 2016
Silver Wildcats - And The Day Futures Died - Part 1 / Commodities / Gold and Silver 2016
From Legends to Bankers
Yes, there has always been price manipulation.
There will always be price manipulation.
From the time of Caesar, through the American Civil War and into the 20th and 21st centuries.
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Friday, June 17, 2016
How to Use the Gold-to-Silver Ratio? / Commodities / Gold and Silver 2016
We have debunked the myth that gold-to-silver ratio should revert to its “true” level around 16. The predominant range for the ratio in modern times is rather well between 40 and 80. Moreover, the notion that the gold-to-silver ratio should revert to some historical average makes no sense. The relative valuation between these two precious metals depends on market forces, like the health of the world economy and monetary demand for both metals, or industrial demand for silver. Such factors change over time. For example, gold has nowadays much higher monetary demand compared to silver than in the past, which largely explains why the average ratio in the 21st century was on average higher than earlier.
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Friday, June 17, 2016
Gold Price Surges to Highest in Nearly Two Years On Central Bank and Brexit Haven Demand / Commodities / Gold and Silver 2016
The gold price surged to their highest level in nearly two years yesterday on BREXIT concerns and deepening concerns that central banks are slowly losing control of the financial and monetary system.
Gold subsequently fell quite sharply below the key $1,300 level but remains roughly 1% higher for the week in all currencies and is on track for its third week of gains.
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Thursday, June 16, 2016
How Will a Brexit Vote Impact Gold and Silver Prices? / Commodities / Gold and Silver 2016
The June 23 referendum on whether or not the UK should leave the EU is fast approaching. New polls show that those favoring a leave vote or “Brexit” are leading by 10 to 20 points.This has sent ripples through the markets, as a Brexit is likely to cause economic chaos in the EU, cripple European banks and lead to a Recession.
It is not that voters in the United Kingdom want nothing to do with the EU. Instead, they prefer a mutually-beneficial economic relationship, rather than an economic and political arrangement with the Europenan Union:
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Thursday, June 16, 2016
FED Leaves US Interest Rates Unchanged, Gold and Silver Bounce / Commodities / Gold and Silver 2016
Gold and silver both erased morning declines and pushed higher today after FED chair Janet Yellen announced they would leave interest rates unchanged. Policy makers gave a mixed picture of the U.S. economy, citing growth in some sectors but slowing job gains. While the median forecast of 17 policy makers remained at two quarter-point hikes this year, the number of officials who see just one move rose to six from one in the previous forecasting round in March. The market now sees less than a 50 percent chance of even one rise by year-end. I also expect a maximum of one rate hike this year from the Fed Chair Who Keeps Yellen’ Wolf.
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Wednesday, June 15, 2016
The Rush to Gold: A New Respect Is Growing / Commodities / Gold and Silver 2016
You didn't come here today for bad news. There's plenty of that everywhere you look, and even where you don't look.
So here's the good news. A new rush to gold has begun. To see where we're headed, let's first see where we've been.
Gold and silver owners in the first ten years of this new century were in for quite a ride, watching gold soar to $1,895 and silver to $49 by 2011. Even those who jumped in midway saw their paper money values zoom.
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Wednesday, June 15, 2016
Gold Bull Or Bear Market: Why June 2016 Is The Most Important Month Of The Decade / Commodities / Gold and Silver 2016
Gold is said to be in a bull market again, but we disagree with that. According to our methodology, gold will only enter a bull market if it will trade for at least 5 consecutive days above $1291. So far, that has not happened, but could happen in June of 2016.
The reason why $1291 is such a hugely important price point for gold can be derived from gold’s long term chart seen below. Basically, $1291 is both a key Fibonacci retracement level for gold’s secular uptrend (from 2001 till 2011) and the resistance line of the bear market. The combination of both has an extremely high importance.
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Wednesday, June 15, 2016
Gold Price Rally / Commodities / Gold and Silver 2016
A solid bid returned to the Gold sector this past week as the market saw a solid Gold Rally. And the GLD ETF alone added more than 15 tons of Gold. The precious metals Miners, which had fallen 10% from their recent Cycle highs, rallied to recover all of their losses, and to print new 2016 highs.
Considering that the Dollar also moved sharply higher last week (and continued to start the week) out of its own Cycle Low, the action in the Gold market is surprisingly bullish. If Gold were destined to decline for one more Daily Cycle into an Investor Cycle Low (ICL), I would have expected a rising Dollar to be the catalyst to send it lower.
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