Category: Gold and Silver 2016
The analysis published under this category are as follows.
Friday, April 22, 2016
Gold Price Forms Bearish Double Top / Commodities / Gold and Silver 2016
By: Austin_Galt
The gold price saw some volatile price action today after hitting upside resistance and reversing back down impulsively. Let's check out the daily and monthly charts and see the bearish pattern that has formed.
Friday, April 22, 2016
President Trump? President Clinton? Gold Up in Both Scenarios / Commodities / Gold and Silver 2016
By: The_Gold_Report
Donald Trump and Hillary Clinton may have very little in common, but Barry Allan, vice chair of mining for Mackie Research Capital, says if either moves into the White House, the U.S. dollar will fall and gold will rise. A higher gold price bodes well for gold equities, and in this interview with The Gold Report, Allan and his colleague Ryan Hanley share the names of some of their top picks for this environment.
Thursday, April 21, 2016
Gold and Silver are on the Cusp of a Massive Rally! / Commodities / Gold and Silver 2016
By: Chris_Vermeulen
Gold and silver have more or less confirmed they have bottomed and are ready for a multi-year rally. Their trend has not fully ‘reversed’ to the upside yet but the market breadth and internals for the precious metals sector are very bullish. My subscribers know that I am ‘bullish’ on precious metals and believe that they will be the best performing ‘asset class’ within the next three to five years for those who can only buy long (profit from rising prices). There are a few more big opportunities unfolding in other assets also but that is not what this article focuses on.
Thursday, April 21, 2016
Gold, Silver Blow Off in Progress but 'Launch Phase' Confirmed / Commodities / Gold and Silver 2016
By: Gary_Tanashian
On March 4 we reviewed the technical reasons why the gold sector was launching as opposed to blowing off. This, after articles began appearing calling the rise to that point a doomed parabolic blow off using daily charts. Those calling it a blow off were confused; silver in spring 2011 was a blow off in the terminal sense. But when a parabolic move comes off a bottom, it is an impulsive thrust to change the trend, possibly ending the bear market.
Thursday, April 21, 2016
All Hail the Mighty Silver Bugs… / Commodities / Gold and Silver 2016
By: The_Gold_Report
Precious metals expert Michael Ballanger examines silver's recent moves upward.
In my business, there is a great deal of travel, be it to properties in the Peruvian Andes or the Canadian Yukon or to the investment conferences in New Orleans or San Francisco or London, so I get a full psychographic cross section of every type of investor imaginable. First of all, the audiences I have encountered at the "Sound Money" conferences in Nassau or Bermuda are usually quite conservative and usually well-dressed and well-groomed. When the topic is gold and it is a controversial speaker looking for "the end of Western civilization," the audiences tend to be a tad different with hair length and dress code noticeably more avant-garde.
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Wednesday, April 20, 2016
Silver Price Breakout, Shanghai Gold Exchange, Bitcoin and the Web Bot - Video / Commodities / Gold and Silver 2016
By: Mario_Innecco
Transcript Excerpt: I did so Wednesday April 20th 2016 its 7 a.m. London time so I'm really video
today I'll be talking about Bitcoin silver gold of course as well and the
new Shanghai remain be denominated gold and precious metals contracts yesterday
the Shanghai Gold Exchange started fix Windows yet you want or remembering
denominated precious metals contracts and the EU there's been a lot of talk in
the you know the Internet in the precious metals blogs that you know this
is the reason why you know silver had such a great day yesterday was that
almost you know like four percent at one point
broke about $17 gold as well did well even though we haven't broken due to
Wednesday, April 20, 2016
Gold Trading Model and COT Data Are in Conflict / Commodities / Gold and Silver 2016
By: The_Gold_Report
Technical Analyst Jack Chan says his trading model is indicating that the gold sector is on a new major buy signal, but the COT data is bearish, so he is waiting for the COT to return to bull market values.
Tuesday, April 19, 2016
Gold and Silver Precious Metals Complex Reverse Symmetry / Commodities / Gold and Silver 2016
By: Rambus_Chartology
In mid January of this year it looked as if another leg down was in store for the precious metals complex. Most of the precious metals stock indexes broke down to a new bear market low which I was expecting, as I was looking for that one last capitulation move to shake out the last of the bulls. There was a pretty symmetrical H&S consolidation pattern that had developed at the lows going back to August of last year. The setup looked perfect for one last move down to end the bear market but that didn't happen. Instead we got a two day shakeout below the previous low which ended exactly three months ago today.
Tuesday, April 19, 2016
China Gold Bullion Yuan Trading To Boost Power In Gold and FX Markets – End Manipulation? / Commodities / Gold and Silver 2016
By: GoldCore
China launched yuan denominated gold bullion trading today in a move that will further boost its power in the global gold and fx markets. Critics of the existing pricing mechanisms hope that it will lead to increased transparency and may end price manipulation.
The Shanghai Gold Exchange (SGE), the world’s largest physical gold exchange, launched a yuan-denominated benchmark price today in Shanghai, a measure that will benefit both China’s domestic gold market and the global precious metals market.
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Tuesday, April 19, 2016
A Powerful Signal for the Coming Silver Price Rally / Commodities / Gold and Silver 2016
By: Hubert_Moolman
The silver price and the US Dollar/South African Rand exchange rate (USD/ZAR) have a very interesting relationship that goes back a long way. Due to the nature of this relationship, I have found the USD/ZAR chart to be a good tool for determining a silver bottom.
In Jan 1980, when silver peaked at about $50, the USD/ZAR was trading at around 0.817. Today, the USD/ZAR rate is trading at about 14.366 - about 17.6 times higher than the Jan 1980 rate, whereas silver is trading at $16.2 - almost three times lower than the Jan 1980 high.
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Monday, April 18, 2016
7 Gold And Silver Mining Investment Tips For 2016 / Commodities / Gold and Silver 2016
By: InvestingHaven
This article is based on a live webinar which was hosted by InvestingHaven.com on Wednesday April 13th during which 15 questions where answered by panelist Rob Tovell, market analyst at RobTovell.com and investor/trader for 4 decades covering all markets including precious metals, and panelist John Newell who manages the “Global Precious Metals Program” fund at Field House Capital. The first part of the webinar was focused on gold and silver mining questions, and the second part about the gold/silver price as well as gold futures market.
Monday, April 18, 2016
Negative Interest Rates May Be Positive for Gold / Commodities / Gold and Silver 2016
By: John_Browne
As 2015 came to a close, most investors believed that 2016 would be a year dominated by a series of Fed rate hikes. That conviction solidified in mid-October when comments from multiple Fed officials convinced many that prior hints that the Fed would stay at zero percent rates had been false alarms. The Fed delivered on its promise in mid-December by actually raising rates by 25 basis points. Based on this, gold declined by 10% from October 14 to the end of the year, nearly matching its six year low. Many on Wall Street thought the declines would continue into 2016. They were decidedly wrong.
Monday, April 18, 2016
Is Deutsche Bank's Gold Manipulation The Main Scam Or Just A Side-Show? / Commodities / Gold and Silver 2016
By: John_Rubino
For years now, the easiest way to finesse a debate over whether precious metals markets are manipulated has been to say, "well, if they're not manipulated they're the only market that isn't."
That was unsatisfying, though, because as the big banks got caught scamming their customers on interest rates, mortgage bonds, forex and commodities trades, those markets (presumably) began to operate more-or-less honestly. Gold and silver, meanwhile, kept right on acting strangely, for instance plunging in the middle of the night on no news but massive futures volume, to the detriment of honest investors and traders who naively bet their capital on fundamentals. The (already huge) amount of money thus stolen from gold bugs kept rising.
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Saturday, April 16, 2016
Silver Price "Damp Squib" Rally of 2016 / Commodities / Gold and Silver 2016
By: Clive_Maund
The combination of silver having arrived at a short-term target, with bearish looking candlesticks appearing, gold completing a Head-and-Shoulders top and latest COTs for both gold and silver being at the sort of extreme readings characteristic of a top, all point to silver reversing to the downside here.
On its 6-month chart we can see how silver's sharp advance over the past week or so has brought it up to a trend channel target, where the advance has run into trouble, with bearish looking candlesticks in recent days suggesting that it will soon drop away again.
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Saturday, April 16, 2016
Gold Price What Breakout? / Commodities / Gold and Silver 2016
By: Clive_Maund
The latest gold COTs are out and they are an absolute horror story, with Commercial short and Large Spec long positions having ramped up to multi-year extremes, which we can take to mean that the dollar is not going to crash its support in the 93 area and will instead rally.
While PM stocks have broken higher, gold has stubbornly refused to and has been dropping back in recent days to complete the Right Shoulder of what is believed to be a Head-and-Shoulders top, as we can see on its 6-month chart below. Once it breaches the neckline of the pattern it should plunge. This will not be a surprising outcome, as it is very rare for a parabolic blowoff move such as we saw earlier to be followed by continued advance.
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Saturday, April 16, 2016
Stronger Reasons For Buying Gold/Silver Right Now / Commodities / Gold and Silver 2016
By: Michael_Noonan
Almost all of those in the precious metals community are avid consumers of news and statistics pertaining to gold and silver [PMs], such has how many tonnes of gold are being purchased by China, mostly. How much gold does China really own, certainly far more than the "official figures" provided by the Chinese, and certainly far less than that country admits.
Then there are the ongoing published figures of how many gold and silver coins that are being purchased each month, one record month leading to another. "Demand is going through the roof!!" Coupled with those figures are mining supplies v world demand, especially bullish for silver, almost beyond imagination. Added to the mix are the COMEX and LMBA, paper perpetrators of fraud, ruled by the moneychangers and not by the exchanges themselves. These now illegitimate exchanges no longer function as exchanges where one can take delivery on the contract[s] owned.
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Friday, April 15, 2016
Gold Price Suppression, Paul Volcker and the Vatican Bank - Video / Commodities / Gold and Silver 2016
By: Mario_Innecco
Transcript Excerpt: hi it's Friday April 15th 2016 I like to talk about today something that you know
years ago and still nowadays to some extent is still considered conspiracy
theory in my opinion is considered the truth by there is a truth that's
uncomfortable when the establishment and the corporate media which is owned by
the establishment you know and big banks and corporations and is the subject of
precious metals manipulation you know especially gold and silver as well of
course and a lot of people you know that don't know much about money and the
nature of money in the history of the monetary system when you tell them that
you know gold is manipulated or suitors manipulated you know they don't
Friday, April 15, 2016
Silver's Bearish Rally / Commodities / Gold and Silver 2016
By: P_Radomski_CFA
Silver moved sharply higher recently along with mining stocks, but unlike the latter, the white metal continued to show strength even on Thursday by holding up well despite gold's and mining stocks' decline. What does this tell us?
It tells us that a decline is very likely to be seen shortly. Let's see why (charts courtesy of http://stockcharts.com).
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Friday, April 15, 2016
Silver Up 5.6%; Gold Down 1% as Deutsche Bank Settles Gold and Silver Manipulation Suits / Commodities / Gold and Silver 2016
By: GoldCore
Silver prices have surged 5.6% this week, while gold is down 1% in dollar terms, 1.5% in sterling terms but flat in euro terms. Gold appears to be consolidating after the recent gains and the bounce in stocks this week is likely leading to traders taking profits.
Friday, April 15, 2016
How Do the Gold ETFs Really Work? / Commodities / Gold and Silver 2016
By: Arkadiusz_Sieron
To understand the relationship between the gold ETFs’ inventories and the price of gold it is necessary to grasp how the ETFs work. As we already know, the aim of gold ETFs is to replicate the performance of gold. How do they achieve that? Surely, they purchase and hold the gold bullion (at least SDPR Gold Trust claims to do it, since many other gold ETFs hold gold futures contracts rather than bullion, but it does change the underlying mechanism at work). This is basically why the ETFs net assets value (NAV) tracks the price of gold so well. What is NAV? It is the sum of funds’ assets less any liabilities, divided by the number of outstanding shares. Assume that there are 1000 shares of an ETF, which holds 100 ounces of gold. If the price of gold is $1200 per ounce, the NAV amounts to $120. Since SPDR Gold Trust holds only gold bullion, the net assets value of a GLD share will naturally move by the same percentage as the gold prices (regardless of the absolute level of gold inventories).
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