Category: Gold and Silver 2016
The analysis published under this category are as follows.Friday, April 29, 2016
Is Silver a better bet than Gold in the Near Future? / Commodities / Gold and Silver 2016
Last week, the beginning of April 18th, 2016, silver was on fire, rising sharply and forcing ‘Wall Street’ to take note of its move, though, many investors believe that gold and silver are one and the same, one can hold either in your portfolio and earn the same returns? the truth is far from that!
In reality, though both silver and gold are considered precious metals and over the long-term, they have a high degree of ‘correlation’ in their movements, but in the short-term, for the active investor, both offer opportunities at different times.
Read full article... Read full article...
Friday, April 29, 2016
What's Going on with Gold? - Video / Commodities / Gold and Silver 2016
Gold is in the final phase of the baby bull rally. This is the stage that causes maximum pain for shorts that were unable to recognize that the bear market is over, or tried to sell short (I warned and warned traders not to short a baby bull).
This is also the stage that causes maximum anxiety for longs who aren’t in the market. This is the time when the bull tries to get as many traders as possible to panic in at the top so as to catch them in the first reaction.
Read full article... Read full article...
Friday, April 29, 2016
Gold “Chart of The Decade” – Maths Suggest $10,000 Per Ounce Says Rickards / Commodities / Gold and Silver 2016
James Rickards, economic and monetary expert, joined Bloomberg’s Francine Lacqua on Tuesday to discuss the gold “chart of the decade”, his new book “The New Case for Gold,” why gold is money and why gold is going to $10,000/oz in the coming years.
Read full article... Read full article...
Friday, April 29, 2016
Are We or Are We Not in a New Gold Bull Market? / Commodities / Gold and Silver 2016
Technical analyst Jack Chan has examined the charts and says that if we are in a new bull market, prices in both gold and gold equities should begin to pull back and consolidate soon.
Read full article... Read full article...
Thursday, April 28, 2016
The Next Battleground for Gold Will Be At 1550 If the Cup and Handle Formation Completes / Commodities / Gold and Silver 2016
If and when gold breaks out of this cup and handle formation, which is a matter of probability and not certainty, the next real battleground in a new bull market will be around $1550. One of the more interesting variables will be the manner of any breakout, and the 'time' it takes to reach a minimum measuring objective.
This is quite appropriate as 1550 marks the major support level for the channel in which gold had been moving prior to the recent bear market.
Read full article... Read full article...
Thursday, April 28, 2016
Silver: The “Five Year Plan” and the Great Leap Forward / Commodities / Gold and Silver 2016
Five years ago paper silver contracts on the COMEX hit a multi-decade high over $48 on April 29, 2011.
At the end of April 2016 the silver price is bouncing around $17, down about 65% from its April 2011 high. The low occurred at about $13.60 in December of last year, when paper silver prices were down about 70% from their April 2011 high.
Read full article... Read full article...
Thursday, April 28, 2016
A Gold Revaluation Could Transform Your Financial Status - Overnight / Commodities / Gold and Silver 2016
David Smith writes: As we move through 2016, the Horsemen of the geopolitical, economic, and social apocalypse are on the march.
China burns through its currency reserves as billions in yuan flee the mainland for safe harbor. Japan prints mountains of yen debt in an effort to create inflation - and thereby the conscious devaluation of its citizens' purchasing power.
Saudi Arabia's gamble of cutting oil prices to the bone in an effort to break the back of the shale oil industry is becoming so costly that it may have to sell a portion of mighty Aramco to outside investors, while keeping secret the amount of its U.S. debt.
Read full article... Read full article...
Wednesday, April 27, 2016
Why Gold Bugs Need to Stop Listening to The Fear Mongers and Start Thinking for a Change / Commodities / Gold and Silver 2016
He that can have patience can have what he will. ~ Benjamin Franklin
We are still not convinced that Gold is fully out of the woods. Peter Schiff is busy telling everyone that it was a bad idea to have sold Gold in 2011, we beg to differ for the trend indicates otherwise, and so does the price of Gold. He is coming out with scary scenarios though they are not as grandiose as James Sinclair's scenario that calls for Gold to move to $50,000 an ounce. Even, when we dream we find it hard to envision such a price, so it is interesting that he can come up with such targets without being under the influence of some strong medicine.
Read full article... Read full article...
Wednesday, April 27, 2016
Gold More Productive Than Cash?! / Commodities / Gold and Silver 2016
Is gold, often scoffed at as being an unproductive asset, more productive than cash? If so, what does it mean for asset allocation?
Read full article... Read full article...
Tuesday, April 26, 2016
Long Awaited Gold Price Breakout / Commodities / Gold and Silver 2016
For the last year or more, not an elephant, not a gorilla, but a dragon has been found at the dinner table. Its breath has just made everybody at the table totally bald with some scorched red faces. Now all are looking at each other, wondering who will first mention the bald guys at the table. The Shanghai levers are finally functioning, starting with the Gold Fix and continuing with the RMB-based gold futures contract (which delivers gold metal oddly). The game is finally on, as in the climax chapter to the End Game. Paper gold is totally disconnected from fundamentals. The paper charade is as impressive as it is corrupt. Its enemy is physical gold and related demand. Silk Road nations have strong gold demand, which will disrupt the entire geopolitical balance of power, extending from trade and non-USDollar platforms. The West has the corner on toilet paper used in the gold market. The United States has the corner on the USDollar, used in fraud and illicit tolls.
Read full article... Read full article...
Tuesday, April 26, 2016
How The Credit Markets Will Blow Up During The Coming Silver Rally / Commodities / Gold and Silver 2016
During the previous silver bull market, interest rates and silver moved in the same direction (up). This makes sense, given the fact that silver and interest rates move together in the long run – for the last 100 years at least.
The current silver bull market (since 2001) has seen a big divergence between silver prices and interest rates. Below, is a comparison of interest rates and silver prices since 1962:
Read full article... Read full article...
Tuesday, April 26, 2016
Madness in the Crimex Gold and Silver Trading Pits / Commodities / Gold and Silver 2016
Michael Ballanger Precious metals expert Michael Ballanger discusses effects of the Bank of Japan's actions on the U.S. dollar, silver and gold
The "big story" circulating around the blogosphere yesterday and last evening was a paper authored by Pimco' s "strategist" Harley Bassman that essentially opined that "the Fed should unleash a massive Fed gold purchase program that could echo a Depression-era effort that effectively boosted the U.S. economy." Well, isn't that original? Back in 2013 I reviewed Michael Lewis' follow-up to "The Big Short," a brilliant piece of work entitled "Boomerang—Travels in the New Third World" where Lewis interviews a Deputy Finance Minister at the German Bundesbank who told Lewis that because Germany had 3,390.6 tonnes of gold, its entire government debt was "covered." At the time, I was listening to the audiobook while on a treadmill and I actually had a Eureka moment and immediately texted myself a reminder to make that the central theme of the weekend note to clients, which I did.
Read full article... Read full article...
Monday, April 25, 2016
Gold Price Target is $3,000 and Silver is $75 per Ounce / Commodities / Gold and Silver 2016
Precious metals have posted their best quarter in nearly 30 years and mining stocks are soaring from oversold multi-year lows. Those that were willing to buy when everyone else was selling have been handsomely rewarded in 2016. But we believe the gains are just getting started.
After such a huge move to start the year, many have been anticipating a sharp pullback for gold and silver on profit taking. This would make sense, especially considering the record short positions by commercial traders. Plus, nothing goes straight up, not even deeply oversold assets awakening from a 4-year correction. It is almost always a roller coaster ride.
Read full article... Read full article...
Monday, April 25, 2016
It’s Waayyy Too Early to Take Profits on Gold & Silver / Commodities / Gold and Silver 2016
It was no fun investing in precious metals for most of 2011-2015, but the past few months have sure been a blast for buy-and-hold investors. Silver prices are 22.5% year to date, and gold isn’t far behind.
Now that there are some profits available to take, some metals investors wonder if they should grab them. The answer for most people is not yet -- not even close.
Yes, there are gains. But the real question for investors isn’t whether or not there are profits, it’s whether there are better options for their investment dollars. What other assets have a better risk/reward profile? Cash? Stocks? Bonds? No thank you!
Read full article... Read full article...
Monday, April 25, 2016
Interesting Silver Debate: Do Old Indicators Matter Or Is Physical About To Overrun Paper? / Commodities / Gold and Silver 2016
For as long as most gold and silver investors can remember, the paper markets — that is, banks and speculators placing bets with futures contracts — have set the price of those metals. And within the paper markets, “the commercials” — fabricators and big banks — have time-and-gain fooled speculators like hedge funds into piling in (both long and short) at exactly the wrong time.
Read full article... Read full article...
Sunday, April 24, 2016
Gold and Silver Management of Perceptions / Commodities / Gold and Silver 2016
Gold took a $20 hit after the European close today, moving down from 1250 to 1230.
And the theme of the day seemed to be 'buy paper, don't worry' with the pushing of the SP 500 futures, even though techs kept threatening to roll over here on weak to bad earnings reports.
Read full article... Read full article...
Saturday, April 23, 2016
Silver Commitments of Traders – Halloween is Arriving Early This Year / Commodities / Gold and Silver 2016
By that I mean, it just keeps getting scarier and scarier.
My guess is that every speculator on the planet is long silver/short gold or outright long silver.
That of course is an exaggeration but I am not exaggerating when I categorically state that the silver market is a train wreck just waiting to happen. As I have said before, and will say so again – I would rather miss any more upside in this market than get long now, not with a trade so lopsidedly jammed with speculators on the long side. I will leave that for the daredevils and others who like driving the stagecoach as close to the edge of the mountain pass road as they possibly can.
Read full article... Read full article...
Saturday, April 23, 2016
Good News, Bad News, Both Favor Gold And Silver / Commodities / Gold and Silver 2016
First, the good news and taking a moment to celebrate the recent unstoppable rally in both gold and silver where, as has been expected, silver is outperforming gold. While we have stayed clear of paper futures from the long side, over the past few years, almost each and every week we have continued our mantra of buying and accumulating the physical metal. It is beginning to pay off, especially for purchases made throughout last year and this one.
This is not yet a victory lap, for the market remains in its transitioning phase, but the faithful, for what has always been considered the only true form of money: gold and silver, can relax more and shed the deer-in-the-headlights look after seeing both pummeled to the downside so relentlessly over the past several years by the money changers.
Read full article... Read full article...
Friday, April 22, 2016
Silver’s New Bull Market / Commodities / Gold and Silver 2016
Silver officially entered a new bull market this week, decisively crossing the necessary +20% threshold. Speculators and investors alike are returning as awareness spreads of how radically undervalued silver is compared to prevailing gold prices. When silver awakens to a new bull market after a long bearish slumber, massive gains are usually unleashed. Silver’s tiny advance so far is just the tip of the iceberg.
Read full article... Read full article...
Friday, April 22, 2016
Who are Gold Traders? / Commodities / Gold and Silver 2016
The Commitments of Traders Report is one of the most important publications on the gold market. It is usually published every Friday at 15:30 Eastern time by the Commodity Futures Trading Commission (CFTC) to provide market participants "a breakdown of each Tuesday's open interest for markets in which 20 or more traders hold positions equal to or above the reporting levels established by the CFTC". Unfortunately the readers don't get a full picture because of a three day lag between a report and the actual positioning of traders (though the report is issued on Friday, it contains Tuesday's data). The open interest, analyzed in the report, is the total number of futures contracts not yet liquidated by an offsetting transaction or fulfilled by delivery.
Read full article... Read full article...