Category: Gold and Silver 2016
The analysis published under this category are as follows.Sunday, February 07, 2016
US Dollar Double Top, Gold Prospects Brightening Rapidly / Commodities / Gold and Silver 2016
For the 1st time in years, everything is in place for a major bullmarket phase to get underway in gold and silver. There are two big reasons for this. One is that the dollar is looking set to drop - and has started to already. The other reason, which is of course related, is that those in power look set to attempt to loosen the intensifying deflationary stranglehold on the world economy by unleashing a global QE blitz that could dwarf anything that has come before, and will end in hyperinflation. Egon Von Greyerz talks about this in an article on King World News entitled Legend Warns Global Panic Is Coming. Don't be put off by the lurid, blood-curdling presentation - I believe that what Von Greyerz writes makes perfect sense, and his gold bullion service outside of the banking system sounds like an attractive option - remember that "What's yours is theirs", so if it is inside the banking system they will simply appropriate (steal) it, if it suits them, when the time is right. Note that I have no association with Von Greyerz or KWN and no incentive for mentioning all this.
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Sunday, February 07, 2016
Gold And Silver - Is A Bottom In? Nothing Confirmed / Commodities / Gold and Silver 2016
Confirm - verb - establish the truth or correctness of (something previously believed, suspected, or feared to be the case). State with assurance that a report or fact is true.
We are again seeing more and more experts and non-experts calling for the bottom for gold and silver, but none can confirm it as a proven fact. Few realize how important it is to have confirmation that one's position is correct and will be profitable. It is confirmation that gives validity to a prior market move/event. This is the theme of our analysis, today.
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Friday, February 05, 2016
Gold Price, Mining Stocks Rocket Higher / Commodities / Gold and Silver 2016
Gold and its miners’ stocks are rocketing higher as speculators and investors alike return to this left-for-dead sector. This sudden deluge of capital inflows has crowned gold stocks the best-performing sector of this young new year by far, shocking traders. And this stunning reversal of fortunes in both the metal and the companies producing it is only starting, so it’s exceedingly important to understand what’s going on.
Gold was inarguably the world’s most-hated investment in recent years. No one wanted anything to do with it, because no one felt any need for it. The world’s stock markets were relentlessly levitating, thanks to record easing by the world’s elite central banks. And with stocks seemingly destined to do nothing but rally indefinitely, there was little demand for counter-moving gold for prudent portfolio diversification.
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Friday, February 05, 2016
Is the Gold Price Manipulated? / Commodities / Gold and Silver 2016
The claim that the gold prices are manipulated is one of the most popular notions within the gold investing community. Probably, no other market (except the silver market) holds such a belief so strongly. The core argument goes as follows: an increase in price of gold signals inflation and the decline in the value of fiat currencies, especially the U.S. dollar, which undermines confidence in the contemporary monetary system. Thus, governments, central banks and their collaborators from the financial system are heavily interested in suppressing the price of gold.
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Friday, February 05, 2016
Gold And Silver Best Performing Assets – Up 9% and 8% YTD / Commodities / Gold and Silver 2016
Gold is 3.6% higher this week and is now over 9% higher year to date. The dollar saw sharp falls this week on growing doubts that the Federal Reserve will be able to raise interest rates. The gains this week were due to increasing concerns about the U.S. and global economy.
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Friday, February 05, 2016
Gold and Silver: Ripe for a Recovery! China May well Change the Game / Commodities / Gold and Silver 2016
- China lifts reading of cenbank gold holdings by 57 pct
- Gold now accounts for 1.65 pct of total forex reserves
According to Central Bank Data, China's gold reserves stood at 1,658 tonnes at the end of June of last year. This was up 57 percent from the last time reserve were adjusted more than six years ago.
Friday, February 05, 2016
Gold Price Soars on Revised FED Expectations / Commodities / Gold and Silver 2016
If FED backtracks from rate hikes, gold miners can go up 50%. – CNBC Feb 4th, 2016
We have been predicting for months that the FED would not be able to raise rates as aggressively as the market was expecting. Thus, we have been long gold and mining stocks believing that a reset in expectations for how fast the FED would raise rates would be bearish for the USD and bullish for gold.
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Thursday, February 04, 2016
Gold Prices Rise To 3 Month High As Investors Sell Risky Assets / Commodities / Gold and Silver 2016
Gold prices have continued to eke out further gains today. The very poor ISM data yesterday saw the dollar fall against all major currencies and particularly gold.
Bullion is seeing safe haven flows and gains due to increased concerns about the economic outlook. The narrative that the US economy is in recovery is coming into doubt. The weaker than expected ISM data showed a sharp slowdown in the services sector in the U.S. in January.
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Thursday, February 04, 2016
Gold Price Golden Bottom? Video / Commodities / Gold and Silver 2016
In today's video I’m going to cover stocks, currencies, oil and gold. This would normally be the nightly report on the premium website, but I’m going to make it public so everyone can get a taste for what is included in the premium reports.
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Wednesday, February 03, 2016
Gold and Silver More 'Flight To Safety' Active February / Commodities / Gold and Silver 2016
Gold showed some strength today in an add on to the flight to safety trade, even though there was a midday hit on price that was pure antics. The dollar moved lower and silver wallowed.
I posted an update to the NAV of Precious Metals Funds and Trusts today. Sprott has successfully absorbed the Central Gold Trust. It raised some cash and added substantially to their bullion and shares under management, so its a good deal for them. Let's see if time shows if it is a good deal for the trust unit holders.
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Wednesday, February 03, 2016
Is Silver Really a Weak Link / Commodities / Gold and Silver 2016
Robert Alexander writes: I am not what many consider to be a Perma Gold Bull, but I do expect a 3rd phase of the 2000 Gold run to take place and end in a spectacular blow off top phase. That being the case, I also watch intently when we get these bear market lows for signs of a bigger picture change. Lately I am hearing that “Silver is weak”. “Silver cant get out of its own way. It is setting up to plunge now.” I’ve been discussing these lows and successfully trading them for weeks now. Is that the way I see current conditions? Is Silver really the weak link? Not the way I look at things. To the charts…
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Wednesday, February 03, 2016
Gold to Beat Stocks 2016? / Commodities / Gold and Silver 2016
"Stocks beat gold in the long run!" is a 'rallying cry' to buy stocks we have heard lately that gets me riled up. It’s upsetting to me for two reasons: first, an out of context comparison, in my opinion, misguides investors. It might be the wrong assertion in the short to medium term.
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Wednesday, February 03, 2016
Silver Price Fix – “Future Of The Fix Is Fraught” / Commodities / Gold and Silver 2016
The silver price fix debacle from last week and the new London silver price fix has received a litany of severe criticism in recent days.
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Wednesday, February 03, 2016
Keeping an Eye on Gold Bullion Supply and Demand / Commodities / Gold and Silver 2016
Clint Siegner writes: A lot is riding on the demand side of the equation when it comes to metals' price performance this year. Demand is the bigger wildcard with signals thus far being mixed in gold and silver bullion markets. The outlook for supply is more certain, and it isn't pretty.
Endeavor Silver, one of the largest primary silver mining companies, announced last week that it expects to reduce production of the white metal by roughly 30%. The company's El Cubo mine is not profitable despite efforts to reduce costs. Endeavor plans to halt development and exploration at the mine and process accessible ore only. By year end, the mine will be placed on “care and maintenance.”
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Tuesday, February 02, 2016
How the Blockchain and Gold Can Work Together / Commodities / Gold and Silver 2016
A look into monetary history shows that people, when given freedom of choice, opted for precious metals as money. This doesn’t come as a surprise. Precious metals have the physical properties a medium must have to serve as legal tender: They are scarce, homogenous, durable, divisible, mintable, and transportable. They are held in high esteem and represent considerable value per unit of weight. Gold fulfills these requirements par excellence, and this is why it has always been peoples’ first choice in terms of money. Gold has proven its merits as money for millennia; it is the ultimate means of payment.
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Monday, February 01, 2016
Central Bank Created Silver Price Rally / Commodities / Gold and Silver 2016
Central banks have created a mess, unless you enjoy unemployment, crashing economies, a wave of bankruptcies, and half of the world’s assets owned by only a few people.
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Monday, February 01, 2016
Gold and Silver Bullion Up 5.3% and 3.4% In January as Stocks Fall Sharply / Commodities / Gold and Silver 2016
Gold and silver rallied (5.3% and 3.4% respectively) in January, as stocks fell sharply.
Turmoil and sharp falls in Chinese and global stock markets, plunging oil prices, rising stress in credit markets and further signs of weak US and global growth led to a renewed bout of risk aversion in January.
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Sunday, January 31, 2016
Nice week for Gold : It’s All about Sentiment / Commodities / Gold and Silver 2016
I wanted to take a bit of time in this post to discuss one of the most important things that those wishing to be successful in trading/investing need to learn, namely detecting shifts in sentiment.Those of you who have been reading my work for a while will be familiar with my constant reference to this topic. It is primarily for some of the newer readers that I wanted to write this but also to reinforce the concept in the minds of some of the more seasoned hands.
Sentiment is what moves markets. Never forget this. Bullish sentiment drives prices higher; bearish sentiment drives prices lower. It matters not what we MIGHT THINK the current fundamentals happen to be; that is irrelevant. Price will move in the direction that the majority of market participants happen to think it should move in; not in the direction that one’s own understanding of the fundamentals dictates it should. Understand this and you are well on your way to becoming profitable.
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Sunday, January 31, 2016
Silver Price Breaks Higher on Rising Anxiety / Commodities / Gold and Silver 2016
Echoing the perilous financial market volatility of late, silver prices have gradually moved to the highest levels since December as growing risk aversion and shifting sentiment see safety bids gain momentum. While not necessarily indicative of a resumption of the trend higher that began in the depths of the last financial crisis, several factors are pointing to increased potential gains in the precious metal as investors are forced to pivot from yield to quality in an effort to hedge against ongoing turmoil. While inflation may remain low, dragging on prices over the medium-term, tightness in the physical supply chain alongside increased interest in hedging against uncertainty of monetary policy and central banking continue to contribute to upside in silver.Read full article... Read full article...
Saturday, January 30, 2016
Gold And Silver Current Prices Do Not Matter / Commodities / Gold and Silver 2016
Truth be known, short of an uprising or revolution by the masses, which is highly unlikely, the elites have won over the masses, hands down, and the end game is in the final and irreversible stages. Time and again, we have reiterated the elites formulaic strategy of Problem, Reaction, Solution. The most current is the outrageous Mid East refugee situation where European countries are being forced to accept hundreds of thousands of displaced refugees from the war-torn Middle East.
It is no secret that the US has been covertly responsible for much of the destruction and strife in that area. Where not covertly involved, the US has provided arms and logistics to Saudi Arabia as the Saudis are destroying helpless Yemenis in the proxy war against Iran.
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