Category: Gold and Silver 2016
The analysis published under this category are as follows.Tuesday, May 17, 2016
Gold Speculation at All-Time High, but Gold Price Remains Below 2015 High / Commodities / Gold and Silver 2016
Technical analyst Jack Chan reports that although gold speculation is at an all-time high, the gold price has not followed suit.
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Monday, May 16, 2016
Here's Why the Gold and Silver Futures Market Is Like a Rigged Casino... / Commodities / Gold and Silver 2016
Clint Siegner writes: A respectable number of Americans hold investments in gold and silver in one form or another. Some hold physical bullion, while others opt for indirect ownership via ETFs or other instruments. A very small minority speculate via the futures markets. But we frequently report on the futures markets – why exactly is that?
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Saturday, May 14, 2016
Gold Mining Stocks - Getting A Heartbeat / Commodities / Gold and Silver 2016
PricewaterhouseCoopers LLP (PwC) has recently released their 48th annual British Columbia Mining Report.
We all know commodity prices have been on a downward trend for the past five years. We also know several mines in the province have been put on care and maintenance and many early stage projects have seen their funding dry up.
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Saturday, May 14, 2016
Gold & Silver Demand Skyrockets as “Chinese Floor” Ensures Upward Price Moves / Commodities / Gold and Silver 2016
Welcome to this week’s Market Wrap Podcast, I’m Mike Gleason.
There’s been some big news out of China lately, and today we’ll dive deeper into the discussion when I welcome in Gordon Chang. Mr. Chang is one of the foremost experts on the Chinese economy and has written a book titled The Coming Collapse of China. He’ll tell us why he believes an epic collapse is imminent and what it all means for the Western financial world and why he believes there is what he calls a Chinese floor on the gold price. Don’t miss an incredibly enlightening interview with Gordon Chang, coming up after this week’s market update.
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Friday, May 13, 2016
Gold, Silver and the Stock Market / Commodities / Gold and Silver 2016
I could write a long, detailed post trying to encompass global stock markets (generally bearish), commodities (bounce very mature) and bonds (mixed views, depending upon the flavor) but that is what I get paid to do each weekend in NFTRH reports and in private posts at the site. The beauty of public posts is that I can write as much or as little as I feel like writing. Today I feel like writing a little about gold (and silver) and the stock market. I also feel like using daily charts because I think time frames are pinching in for upcoming pivotal moves.
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Friday, May 13, 2016
Gold Lease Rates and Gold Prices / Commodities / Gold and Silver 2016
Are gold lease rates (GLR) really one of the major drivers of the price of gold, as is often cited? A lease rate is the market price for borrowing or lending the particular asset. Obviously, the gold lease rate is the cost of borrowing gold. In much the same way that individuals borrow dollars, pay interest, and then return dollars to the lender, gold bullion participants borrow gold, pay a borrowing cost, and return the gold to the lender. So much for the Buffet's claim that gold has no yield. Surely, gold stored in a vault does not yield, but when it is lent, it accrues interest. No matter how counterintuitive it may sound, some gold owners (the lending and borrowing of gold is generally reserved for the entities operating in the wholesale market, such as bullion bankers, mining companies, jewelry producers, etc.) do earn interest on gold. This proves that gold is more like currency rather than other commodities, because just like any currency, it can be lent and earn interest. Such lending transactions in the gold market are often referred to as lease transactions and interest rate applied to such lending is called gold lease rate (GLR).
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Thursday, May 12, 2016
Gold Daily and Silver Gathering Storm / Commodities / Gold and Silver 2016
"Some touch of the artist wells up within me, and calls insistently for a well-staged performance. Surely our profession, Mr. Mac, would be a drab and sordid one if we did not sometimes set the scene so as to glorify our results. The blunt accusation, the brutal tap upon the shoulder - what can one make of such a denouement?
But the quick inference, the subtle trap, the clever forecast of coming events, the triumphant vindication of bold theories - are these not the pride and the justification of our life's work? At the present moment you thrill with the glamour of the situation and the anticipation of the hunt. Where would be that thrill if I had been as definite as a timetable?” - Arthur Conan Doyle, Sherlock Holmes: The Valley of Fear
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Thursday, May 12, 2016
Global Gold Investment Demand Surges Record 122% In Q1, 2016 / Commodities / Gold and Silver 2016
Global gold demand surged a record 21% and gold investment demand a record 122% in Q1, 2016 according to the World Gold Council who released their ‘Gold Demand Trends Q1 2016’ report today.
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Wednesday, May 11, 2016
Stocks Bull Market Is Exhausted; Make the Move to Gold / Commodities / Gold and Silver 2016
Legendary investor Stan Druckenmiller, founder of Duquesne Capital Management LLC, told the Sohn Investment Conference in New York last week that he is bullish on gold and bearish on the stock market. Gold, he told the conference, "is our largest currency allocation."
Druckenmiller recommended that investors sell their equity holdings. "The bull market is exhausting itself," he told the conference. A major factor has been the Federal Reserve's easy money policy, which has resulted in "reckless" corporate behavior.
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Wednesday, May 11, 2016
Gold Bullion Is “Long Term Insurance Policy” – HSBC’s Steel / Commodities / Gold and Silver 2016
Gold bullion is a “long term insurance policy” according to James Steel, chief commodities analyst at HSBC, who spoke with Tom Keene about what’s driving gold markets on “Bloomberg Surveillance” yesterday.
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Wednesday, May 11, 2016
Commercial Gold 'Hedgers' Turn Up the Heat / Commodities / Gold and Silver 2016
Michael Ballanger discusses the most recent COT report, which shows levels not seen since 2010–2011.
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Tuesday, May 10, 2016
Inflationist Gold Bugs Have Driven the Rally / Commodities / Gold and Silver 2016
[edit] The post began as a simple view of the inflationary dynamics in play within the precious metals market but as sometimes happens it, err… expanded. Please excuse the wordiness. But I would rather be wordy and try to make points backed in facts and data than backed only by my biased ego.
Not that I have proof (re: the title), but I do have some charts to help make the point that people who bought gold and gold stocks due to inflation fears have been driving the gold sector higher since March.
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Tuesday, May 10, 2016
China to Suck Up the World's Physical Gold Using Shanghai Gold Exchange and Arbitrage / Commodities / Gold and Silver 2016
China Can Soon "Crush the Banks... Roll Out Alternative Currency System"
Mike Gleason: This is Mike Gleason with Money Metals Exchange and it is my privilege now to welcome in Craig Hemke of the TF Metals Report. Craig runs one of the most highly respected and well known blogs in the industry and has been covering the precious metals for close to a decade now and puts out some of the very best analysis on banking schemes, the flaws of Keynesian economics, and evidence of manipulation in the gold and silver markets.
Craig, it's great to have you back with us and thanks for joining us again today. Welcome!
Craig Hemke: Mike, it's my pleasure and thank you for the kind words. I appreciate it.
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Tuesday, May 10, 2016
Gold And Silver Bullion ‘Super Bull Market’ Initiated Says David Morgan - Video / Commodities / Gold and Silver 2016
‘Silver guru’ David Morgan was recently interviewed by Future Money Trends and said that the gold and silver bullion “super bull market” has been initiated.
“We are finally in the very beginning of the new bull market which will be the most exciting as the third leg up is the one that is the most rewarding. In fact few will believe just how high the precious metals will go. The end date is most likely 2018/2019 at this point.”
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Tuesday, May 10, 2016
After COT Data Shocker, No Surprise Gold is Down $30 Today / Commodities / Gold and Silver 2016
Technical analyst Jack Chan shows why Friday's COT data was so shocking and what it means for gold.
Monday, May 09, 2016
Price Of Gold Is Breaking Out But “Commercial Traders” On The Wrong Side? / Commodities / Gold and Silver 2016
Price of Gold: The activities of the ‘commercial traders’ in the COT data is closely watched by the market participants, as they are believed to be the smartest of the lot. They take deliveries on their bets, unlike the speculators, who have no interest in taking a delivery.
If you have followed the ‘commercial traders’, without paying attention to my proprietary predictive trend and cycle analysis for the price of gold and silver, you would be sitting on large losses, due to their ‘short positions’ which mean they expect price to move lower.
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Sunday, May 08, 2016
Five Bull Market Rules (in Gold & Precious Metal Stocks as well) / Commodities / Gold and Silver 2016
Saturday, May 07, 2016
Gold Sector Checkup After the ‘Inflation Trade’ Bounce / Commodities / Gold and Silver 2016
There has been a lot of talk about how gold is not a good inflation hedge. Indeed, with the recent bounce in inflation expectations, this was shown to be true over a short timeframe, at least in relation to silver and other commodities. Gold sagged while the more inflation-sensitive commodities bounced.
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Saturday, May 07, 2016
Gold And Silver ARE The Only Money [Hardly] In Existence / Commodities / Gold and Silver 2016
Gold and silver ARE money. Neither is a "currency," although money is often cited as interchangeable with currency. Take the Federal Reserve Note, [please!], as an example. A Federal Reserve Note [FRN], is more commonly known as a "dollar." Even though the word "dollar" appears on every FRN, each and every FRN is a debt instrument issued by the Federal Reserve and not a true dollar. The Federal Reserve is a privately held corporation, owned mostly by certain european bankers, and may include the Rockefellers, from the US.
Read full article... Read full article..."When a government is dependent upon bankers for money, they and not the leaders of the government control the situation, since the hand that gives is above the hand that takes... Money has no motherland; financiers are without patriotism and without decency; their sole object is gain." - Napoleon Bonaparte, Emperor of France, 1815
Saturday, May 07, 2016
Precious Metals Complex Combo Chart... / Commodities / Gold and Silver 2016
Below is a long term weekly chart we've been following which shows the breakouts and backtesting that have been going on for several months with gld and slv, and just 5 weeks or so for the HUI. This big picture look from 35,000 feet shows how infant this new bull market is right now. It was basically born back in January of this year and is just opening its eyes. What we want to see now is a higher high in the coming days and weeks.
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