Category: Gold and Silver 2016
The analysis published under this category are as follows.Thursday, February 18, 2016
Precious Metal’s War: Central bankers have Not lost & Never will / Commodities / Gold and Silver 2016
An empty head is not really empty; it is stuffed with rubbish. Hence the difficulty of forcing anything into an empty head. Eric HofferThey might lose a battle or two, but war is a composition of battles, and when it comes to war, these guys never lose as their principle is simple. Take no prisoners, shoot to kill and ask questions only if the enemy survives the onslaught of bullets. This would be a good time to read the book “the art of war” by Sun Tzu.
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Thursday, February 18, 2016
Two Top Reasons Why Silver Is A Must-Have / Commodities / Gold and Silver 2016
The timing of this silver rally relative to the gold silver ratio (GSR).
In the last 100 years, there were three significant silver rallies, with the current one still in progress. Below is a long-term Gold/Silver Ratio chart showing those silver rallies:
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Thursday, February 18, 2016
ABN AMRO Predict Gold At $1,300 By Year End, Up From $900 / Commodities / Gold and Silver 2016
Gold is holding solidly above $1,200, brushing off news of the freshly released Fed minutes. Iranians cautiously welcome the Saudi-Russian oil production pact, while stating that they support cooperation to achieve higher oil prices, they also have domestic pressure to ramp up export of supply and cash in after years of being locked out of the market. This may possibly weigh down future oil price rises.
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Thursday, February 18, 2016
Gold Price Shows Some Resilience / Commodities / Gold and Silver 2016
Gold and silver were hit early in the overnight, and there was some obvious quote stuffing and other gimmicks in the gold futures to take the price lower. Don't take my word for it, it was Nanex that printed this and showed the data.
And gold once again would not be denied, and held the 1200 level and then some.
Let's see how we keep going in this potential chart formation.
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Wednesday, February 17, 2016
Gold and Silver - Goldman Says Have No Fear and Buy Our Paper / Commodities / Gold and Silver 2016
Goldman analyst Jeffrey Currie came out this morning with a 'sell gold' recommendation for Ma and Pa Muppet.
I was fortunate enough to hear his explanation for this in his own words on Bloomberg TV, which had touted his gold call about every fifteen minutes all day.
The net summary of Mr. Currie's forecast is that Goldman's economists think that there ought to be no fear in the financial paper markets, since there is an historically low chance of a recession, less than fifteen percent, and he sees no real possibility of negative interest rates.
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Wednesday, February 17, 2016
Gold Price Stabilises Above $1,200; Asia Markets Run Out Of Steam / Commodities / Gold and Silver 2016
Global economic turmoil continues to rumble on as major economies seek to come to grips with a changing monetary environment, sagging growth, low inflation, pockets of deflation and uncertainty over the future of Europe post Brexit. Japanese shares sold off after their gains on Monday, falling 1.8% in today’s trading sessions. European shares rising 1.6% this morning on the back of an expectation that volatility in the markets may begin to stabilise, feels more like a dead cat bounce to be honest.
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Wednesday, February 17, 2016
Gold Knocked for a Loop / Commodities / Gold and Silver 2016
This looks to me more like an overreaction to the down side in gold based off a sort of mini-panic out of the safe haven trades.
From a fundamental standpoint, nothing has changed in regards to the concerns about negative interest rates nor the chaotic nature of the forex markets. While today’s move in gold certainly was certainly unsettling, it should be kept in mind that this market has rallied nearly straight up since January 14 putting on almost $190 in a month. That is one impressive rally!
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Wednesday, February 17, 2016
Did the Dow Just Prove Goldbugs Right? / Commodities / Gold and Silver 2016
When celebrity investor Mark Cuban announces to the world that he is investing in gold, is that a sign that the ride up is just getting going, or that it has already peaked? The Gold Report reached out to long-time experts in the sector for a better understanding of what is moving the markets—negative interest rates, a topping dollar, Fed testimony, increased gold buying in China—and what that means for junior mining stocks in the coming months.
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Tuesday, February 16, 2016
Gold Price Breaking Out or Just Another Letdown / Commodities / Gold and Silver 2016
From top to bottom of the ladder, greed is aroused without knowing where to find ultimate foothold. Nothing can calm it, since its goal is far beyond all it can attain. Reality seems valueless by comparison with the dreams of fevered imaginations; reality is therefore abandoned.
Emile Durkheim
Monday, February 15, 2016
Silver, Gold, the Argentina Peso, and Exponentially Increasing Prices / Commodities / Gold and Silver 2016
The exchange rate between the Argentina Peso and the US dollar in January 1945 was 4.17 pesos to one dollar. Like the United States, Argentina created substantial price inflation – devaluation of their currency – in the 1950s – 1990s.
According to Wikipedia Argentina devalued their currency by a factor of 100 in 1970, by another 10,000 in 1983, by another 1,000 in 1985, and by another 10,000 in 1992.
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Monday, February 15, 2016
The Retracement In the Price of Gold / Commodities / Gold and Silver 2016
Here is a closer look at the retracement of gold we have seen as of this morning.
While the US markets are closed for Presidents' Day, the rest of the world is open for business.
As you can see from the second chart from Friday, gold had become quite overbought short term.
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Monday, February 15, 2016
Consensus Macro Trades Stop Out: Gold Has Made A Near Term Top / Commodities / Gold and Silver 2016
Macro consensus trades into 2016 have not worked well, at all. This week saw a large flush out in positioning across financial markets. There are three consensus trades that we feel have been particularly squeezed and what we believe was a final clearout of these position sent other assets, such as gold, to extreme levels that present a number of trading opportunities.
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Monday, February 15, 2016
Gold And Silver – Will Precious Metals Purchasers Become Terrorists? / Commodities / Gold and Silver 2016
A clarification: We tend to use the regular Friday closes for our charts to avoid the closing “fix” that can sometimes be several dollars for gold and several cents for silver away from the end of Friday trade. It is not of much consequence because we are consistent in doing it that way, but two weeks ago, the was a substantial rally after the normal close, and it was not taken into consideration during our analysis.
More people are becoming aware that not all is as it seems with the federal government, but there is still a reluctance, even a refusal, to attribute many of today’s existing problems as a root cause by the federal government, which is not a government of, by, or for the people. Today’s de facto federal government has been a product of the globalists for over a century, starting in more earnest when the Rothschild’s financed both sides in the Civil War, and when Lincoln introduced the Executive Order, now routinely used by presidents to by-pass Congress in the Bread and Circus facade known as the federal government where the globalists are in charge behind the “curtain.”
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Sunday, February 14, 2016
Is this the start of a run in Precious Metals? We think not / Commodities / Gold and Silver 2016
On the backs of a short-term weakness in the U.S. dollar, precious metals have made a sizable advance in the last few weeks.
Gold prices have jumped 17% and silver has increased over 12%.
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Sunday, February 14, 2016
What is Gold Telling Us? MAP WAVE ANALYSIS / Commodities / Gold and Silver 2016
Cycle analysis is something that is not well understood and reinforces that markets are not propelled by any form of intrinsic value of anything, including gold and money! They are propelled by expectations of the future and nothing else!
So starting with that we will look at what the analysis says, and then we can look at how that fits in with human behaviour, because that is what drives prices which reflect nothing more than investors future expectations!
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Sunday, February 14, 2016
GOLD In Two Words - BULL MARKET / Commodities / Gold and Silver 2016
BULL MARKET = 2 Words
We know it bottomed in Jul 2013. Really !!!
Lets go back to October of 2015 when this appeared on this blog.
GOLD NOW IS U$D 1336 - FIGURED IN COIN SHOPS FRIDAYS CLOSE WAS 1310 U$D, SO IT CORRELATES TO THE REAL WORLD, SINCE THE COIN SHOP PRICE IS F.O.B. COIN SHOP
Saturday, February 13, 2016
Seasonal Gold Price Correction on the Way / Commodities / Gold and Silver 2016
Goldvybe writes: Not much has changed since our gold correction commentary post on the 10th (here) except that gold had spiked up to $1263 on Thursday after global equities weakness and continued fears about European banks.
The fib retracements have stayed pretty much the same except now moving up a bit. For the most part, our analysis has not changed as we still anticipate a move lower from the seasonal February high into a seasonal low (March-April) of between $1130-$1150.
Saturday, February 13, 2016
Gold’s Macrocosm: The Planets Align / Commodities / Gold and Silver 2016
We introduced the graphical view of the preferred counter-cyclical environment for gold and especially the gold stock sector in July: Macrocosm. We have updated the view several times since at NFTRH.com, with the macro backdrop getting more and more supportive of the gold sector over the last half a year.
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Saturday, February 13, 2016
Gold New Bull Market on Track / Commodities / Gold and Silver 2016
Last week we focused on the gold stocks. There was more initial evidence of a new bull market there than in Gold. However, Thursday Gold erased some doubts as it rocketed above $1200/oz and to as high as $1264/oz before settling a bit lower. That move puts Gold's recovery on par with those following past major lows and offers greater confirmation that a new bull market is underway.
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Friday, February 12, 2016
Gold, Gold Stocks, and the End Game / Commodities / Gold and Silver 2016
We have seen the bottom in the gold market and gold stocks.
Evidence:
- Examine the 30+ year chart of the monthly XAU (gold stock Index) to Gold ratio. You can see that the downtrend in the ratio has lasted about 20 years – since 1996. The ratio is now at all-time lows in the form of a contracting triangle. The triangle has been broken to the upside.