Category: Gold and Silver 2016
The analysis published under this category are as follows.Tuesday, November 15, 2016
Gold Mining Shares Are a Lousy Investment / Commodities / Gold and Silver 2016
This year’s turnaround in Gold Mining shares had helped to buoy the hopes and dreams of investors who were ‘betting’ that their long, agonizing wait for euphoric, exponential gains is over. They continue to believe that the future for the Gold Mining Industry is quite rosy. Unfortunately, they are probably wrong.
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Tuesday, November 15, 2016
Gold Commitments of Traders / Commodities / Gold and Silver 2016
No wonder gold got clocked like it did!
Hedge funds were actually busy adding more longs and covering shorts over the past week’s reporting period. As soon as those downside support levels were taken out after the election results were digested, gold bulls were getting mauled in a big way.
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Tuesday, November 15, 2016
Trump Won. Here’s what YOU should do next / Commodities / Gold and Silver 2016
A lot of people are in shock this morning…But the election of Donald Trump didn't shock me.
For the past few weeks, months even, I've had a feeling he would win.
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Monday, November 14, 2016
Gold Prices Have Overreacted To The US Election / Commodities / Gold and Silver 2016
To say it has been a turbulent week in markets would be a dramatic understatement. The moves around the US election were nothing short of incredible. We wrote last week about fading a risk off move over the election, and whilst we expected market nerves to calm after an initial period of uncertainty, we were completely blindsided by the pace and magnitude of the reversal. Nowhere are we more surprised than in the yellow metal’s reaction to the result. Not only do we view it as an overreaction, but actually view the gold prices as significantly undervalued in the current environment.
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Monday, November 14, 2016
This Past Week in Gold, Silver and Copper / Commodities / Gold and Silver 2016
Technical analyst Jack Chan charts a break in copper, as well as recent movements in the gold and silver markets.
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Sunday, November 13, 2016
Krugman Gets His Alien Invasion – And Gold Bugs Get Paradise / Commodities / Gold and Silver 2016
Nobel Prize winning economist and uber-liberal New York Times columnist Paul Krugman likes to illustrate his philosophy by noting that the threat of an alien invasion would help the economy by stimulating government spending.
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Saturday, November 12, 2016
The Future Price Of Gold Will Drop Below $1000 In 2017 / Commodities / Gold and Silver 2016
As the price of gold and silver came down sharply, many investors are asking what the future price of gold will be. Although we do not pretend to have a crystal ball, we observe sufficient signals in the charts to make a make a call about the future price of gold into 2017.
In general, the precious metals market has turned very sour. Gold registered it largest loss on a weekly basis since it crashed in 2013. Moreover, gold and silver miners, said to lead the precious metals complex, have truly crashed this week.
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Saturday, November 12, 2016
A Good Time To Be Buying Gold / Commodities / Gold and Silver 2016
There's a lot going on in the world - from Trump being elected in the U.S. to turmoil in the middle east, the China Sea and Turkey, Russia is flexing it’s still considerable might, North Korea’s flinging it’s nukes helter skelter, Japan’s rearming, disease runs rampant and fear escalates about virus mutation, there’s shortages of fresh water with many rivers not reaching their former endpoint and of course climate change is rearing its head to destabilize natural rhythms or cycles. It’d be hard to go back in history and pick a period of time when things weren’t so combustible.
Your author believes gold and silver have never been better safe-haven investments. Inflation, world events, diversification
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Friday, November 11, 2016
Japanese Tales of Common Insanity and Gold / Commodities / Gold and Silver 2016
Einstein allegedly once claimed that insanity is doing the same thing over and over again and expecting different results. It turns out that central bankers are really insane. Their loose, unconventional monetary policy has not worked in Japan for the last quarter-century, but it did not prevent the Bank of Japan from adopting zero interest rates targets for ten-year Japanese government bonds and from the commitment from overshooting its inflation target. But let’s leave the analysis of the central bankers’ denial of reality to psychologists and focus on the short summary of the Japanese economy in the last quarter-century. Such an analysis would outline the necessary context for the examination of the relationship between the BoJ’s actions, the USD/JPY exchange rate and gold.
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Thursday, November 10, 2016
Gold Just Waiting on the US Dollar / Commodities / Gold and Silver 2016
Gold is resisting the bounce in the dollar, as it has done in the past. Once the dollar is ready to roll over into an intermediate cycle low gold will be ready to fly.
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Thursday, November 10, 2016
Uncertainty Drives Central Bank Gold Purchases / Commodities / Gold and Silver 2016
Dedollarization and Uncertainty drive Central Bank Demand for Gold
- Central banks added 81.7t to their gold reserves in the third quarter
- Total central banks purchases in the year-to-date reach 271.1t.
- Fellow-SCO member Kazakhstan and Belarus also had to holdings
- 90% of reserve managers intend to increase or maintain gold reserves.
- “The case for gold remains compelling for reserve managers” state WGC
- Unconventional monetary policies will underpin gold demand in coming years.
Thursday, November 10, 2016
Trump to Send Gold Price to $10,000 / Commodities / Gold and Silver 2016
Trump is going to the White House…
Just as I called on ABC Australia two weeks ago.
Thursday, November 10, 2016
Trump Win Signals $1,500 Gold and $24 Silver, predicts Nick Barisheff / Commodities / Gold and Silver 2016
According to Nick Barisheff, President and CEO of Bullion Management Group Inc. (BMG), "A Trump US presidential victory signals US$1,500 an ounce for gold and US$24 for silver in the intermediate term."
"Trump voters have now injected an unprecedented level of uncertainty into global financial markets," continued Barisheff. "Investors prefer clarity, and until President-elect Trump fully clarifies his economic, trade and foreign policy positions, investors will be in a high-alert state of uncertainty. Roiling markets will compel investors to purchase safe-haven assets, especially precious metals."
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Wednesday, November 09, 2016
Gold Surges 5% After America Votes Trump President / Commodities / Gold and Silver 2016
- Gold surged over 5% – from $1,270/oz to $1,335/oz prior to profit taking
- Gold jumped to its highest level in six weeks on early reports that Trump had won the race to the White House; Largest gains since Brexit shock
- For the next few days, we can expect to follow the “Brexit playbook”
- “We are looking at very real prospects that the Fed would defer that rate hike into 2017…”
Gold has surged more than 3% to over $1,300/oz today after the shock election of Donald J. Trump as the next President of the United States of America. At one stage gold was 5% higher having risen from $1,270/oz to $1,335/oz as the dollar and stocks globally saw sharp falls.
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Tuesday, November 08, 2016
Credibility – Confidence – Chaos and GOLD! / Commodities / Gold and Silver 2016
The corrupted Republican and Democratic parties in the U.S. have put forth two of the most despised candidates – ever. One candidate is probably more corrupt than LBJ and both parties are rapidly losing credibility. Ask yourself, does either party speak for anyone but the political and financial elite?
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Tuesday, November 08, 2016
Uncertain US Election Outcome and Uncertainty After Bodes Well For Gold / Commodities / Gold and Silver 2016
- Polls suggest Clinton to win but as with Brexit is chance of surprise
- PredictWise gives Clinton an 89% chance of becoming President-elect, giving just Trump just an 11% chance.
- Gold price may move about 1.8% to 4% if result is uncertain
- Demand for gold and silver is up this week by a factor of 25 percent
- Sales of American Eagle gold coins have climbed 23%
- Gold to benefit from ‘Punch and Judy’ election
Tuesday, November 08, 2016
Silver's Roadmap / Commodities / Gold and Silver 2016
History tends to repeat itself and the more similarities to a past pattern we have, the bigger likelihood that it will continue to repeat. The day-to-date price swings of silver may seem erratic, but from a broader point of view, they are repeating – to a great extent – the same pattern that we saw in the past. The most interesting thing is what followed that past pattern.
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Sunday, November 06, 2016
Gold Stocks Proprietary Cycle Indicator Remains Down / Commodities / Gold and Silver 2016
Technical analyst Jack Chan charts the latest movements in gold and silver, noting the markets will be volatile until the election is over.
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Sunday, November 06, 2016
A Most Important Gold Ratio Chart… / Commodities / Gold and Silver 2016
Tonight is a good night to post one of the ratio combo charts we’ve been following for a very long time , which compares the TLT:GLD ratio to the GLD. Below the ratio chart is a ten year weekly bar chart for GLD. There are many ways to analyze a ratio combo chart like this which can help one look for the intermediate to longer term trends.
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Sunday, November 06, 2016
US Election Uncertainty Now Influencing Gold & Silver Prices / Commodities / Gold and Silver 2016
Most of us consider this year’s presidential election as the wildest and most unpredictable we’ve ever seen, but you wouldn’t know it by looking at the markets. Gold and silver spent most of the past three weeks going nowhere fast. Between Oct. 6th and Oct. 27th silver traded within ten cents of $17.60/oz. – an extraordinarily tight range. Precious metals generally thrive on uncertainty, but the markets have been unfazed and instead have appeared to be paralyzed.
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