Category: Gold and Silver 2017
The analysis published under this category are as follows.
Wednesday, June 21, 2017
Your Future Wealth Depends on what You Decide to Keep and Invest in Now / Commodities / Gold and Silver 2017
By: GoldCore
Millienials look for instant gratification- Spend half of their income on leisure
- Instant gratification doesn’t work if need to save for the future
- Savings rates falling, few have retirement funds
- Important to understand marginal difference between spending and pleasure
- Future wealth depends on what you decide to keep and invest in now
Wednesday, June 21, 2017
Gold Price is Facing Trend Line Support / Commodities / Gold and Silver 2017
By: Franco_Shao
After breaking below the bullish trend line from 1214.17 to 1258.92 at 1270 on its 4-hour chart, XAUUSD started a bearish movement from the June 6 high of 1295.94, and the bearish movement extended to as low as 1241.25. Further decline is still possible after a minor consolidation and next target would be at around 1230.
Wednesday, June 21, 2017
GOLD Bullish at 3 Degrees of Trend! / Commodities / Gold and Silver 2017
By: Enda_Glynn
My Bias: Long towards 1550
Wave Structure: ZigZag correction to the upside.
Long term wave count: Topping in wave (B) at 1550
Important risk events: USD: Existing Home Sales, Crude Oil Inventories.
Wednesday, June 21, 2017
Strength in Gold and Silver Mining Stocks and Its Implications / Commodities / Gold and Silver 2017
By: P_Radomski_CFA
Yesterday’s session was not like the previous ones – in the previous days, the precious metals sector moved lower together and mining stocks were leading the way. Yesterday, gold and silver declined, but miners were barely affected. Does this strength indicate a likely turnaround?
Tuesday, June 20, 2017
Elliott Wave Outlook for GOLD and USDJPY / Commodities / Gold and Silver 2017
By: Enda_Glynn
My Bias: LONG
Wave Structure: rally in wave [C]
Long term wave count: wave [C] is underway, upside to above 136.00
Important risk events: JPY: N/A. USD: FOMC Member Fischer Speaks, Current Account, FOMC Member Kaplan Speaks.
Monday, June 19, 2017
7 Signs You Should Add Gold To Your Portfolio Now / Commodities / Gold and Silver 2017
By: HAA
Stephen McBride : Gold got crushed in the post-election rally, but a little over five months into 2017, the yellow metal is up 10.5%—making it one of the best-performing assets of the year so far.
While the outlook for the US economy is more positive than it was 12 months ago, if we zoom out for a moment, the big picture “ain’t so rosy.”
Gold has historically done well in times of uncertainty and panic… and with these seven worrisome signs, there could be plenty ahead.
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Monday, June 19, 2017
Gold Will Start Heading Higher On “Dwindling” Supply / Commodities / Gold and Silver 2017
By: GoldCore
James Rickards via Daily Reckoning
Gold was down after the Fed’s hike, but I expect it to start heading higher again. Too many powerful forces are driving it behind the scenes. Dwindling physical supply is a major one.
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Monday, June 19, 2017
Gold Proprietary Cycle Indicator Remains Down / Commodities / Gold and Silver 2017
By: The_Gold_Report
Technical analyst Jack Chan charts the latest moves in the gold and silver markets, noting signs that gold stocks are near the end of their corrective consolidation.
Our proprietary cycle indicator is down.
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Sunday, June 18, 2017
Return of the Gold Bear? / Commodities / Gold and Silver 2017
By: Jordan_Roy_Byrne
It was exactly one month ago we discussed our posture as a “bearish Gold bull.”
The gold mining sector hit a historic low nearly 18 months ago but this new cycle has struggled to gain traction as metals prices have stagnated while the stock market and the US Dollar have trended higher. Unfortunately recent technical and fundamental developments argue that precious metals could come under serious pressure in the weeks and months ahead.
First let me start with Gold’s fundamentals, which turned bearish a few months ago and could remain so through the fall. As we have argued, Gold is inversely correlated to real interest rates. Gold rises when real rates fall and Gold falls when real rates rise.
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Saturday, June 17, 2017
Reflation, Deflation and Gold / Commodities / Gold and Silver 2017
By: Arkadiusz_Sieron
One of the most important economic debate today is whether the economy will experience reflation or deflation (or low inflation) in the upcoming months. Has the recent reflation been only a temporary jump? Or has it marked the beginning of a new trend? Is the global economy accelerating or are we heading into the next recession? It goes without saying that it is a key investment issue because of the implications for different asset classes, including the precious metals. Let’s try to outline the macroeconomic outlook.
Friday, June 16, 2017
Gold Bullish on Fed Interest Rate Hike / Commodities / Gold and Silver 2017
By: Zeal_LLC
Gold reversed sharply lower after the Fed’s latest rate hike this week, on heavy selling from speculators and investors alike. Bearish sentiment flared on traders’ long-held belief that higher rates spell trouble for zero-yielding gold. But market history reveals the opposite, that Fed rate hikes are actually bullish for gold. This week’s Fed-induced gold dump is likely to flag gold bottoming just before a major new rally erupts.
There’s nothing gold-futures speculators fear more than Fed rate hikes. Their rationale is simple and logical. Gold pays no interest or dividends, it’s a sterile asset with returns solely dependent on capital gains. So as interest rates rise and boost yields for bonds and stocks, gold struggles to compete. Thus gold investment demand wanes as yield differentials grow between it and major competing asset classes.
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Friday, June 16, 2017
Is There Gold “Hype” and is Gold an Emotional Trade? / Commodities / Gold and Silver 2017
By: GoldCore
– Very little hype in gold
– Sentiment is important in the gold market as is other markets particularly stocks
– Article ignores the large body of research showing gold is safe haven asset
– Gold may struggle to breach $1,300 in short term
– Trading gold and short term speculation is high risk and for professionals
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Thursday, June 15, 2017
How Precious Metals Can Help Protect Your Wealth from Hackers / Commodities / Gold and Silver 2017
By: MoneyMetals
Could your wealth be hacked? It’s a threat most investors overlook. But they do so at their own peril.
If elections can be hacked, then so can bank and brokerage accounts, as well as any online platforms for digital currencies.
More than five months into Donald Trump’s presidency, the “Russia hacked the election” conspiracy theories still won’t go away. They’re expanding to also implicate Russian hackers for meddling in elections in France and elsewhere. The latest Russian hacking story centers on Qatar.
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Thursday, June 15, 2017
Gold-Silver Ratio: Debunking The Myth / Commodities / Gold and Silver 2017
By: Kelsey_Williams
A 16-to-1 gold to silver ratio has been the Holy Grail of some silver investors since the mid-sixties.
Unfortunately, fifty years later, it is a quest that continues unabated without success.
In fact, there is evidence that contradicts and widens the chasm that separates wishful thinking from reality.
In the Mint Act of 1792, the U.S. government arbitrarily chose a 16 to 1 ratio of gold prices to silver prices. The actual prices were set at $20.67 per ounce for gold; and $1.29 per ounce for silver.
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Wednesday, June 14, 2017
DOLLAR has recently damaged GOLD and SILVER- viewed in MRI 3D charts / Commodities / Gold and Silver 2017
By: Stephen_Cox
About 10 days ago MRI Trading Signals posted a FEATURED article on the bottom of our home page titled DOLLAR CROSSROAD? In it are 20 charts showing the potential impact a Dollar Index bottom would have on Gold and other exogenous markets.
This article is an update. So far this week, DX has traded inside last week’s narrow range. Once that changes Gold and Silver will react- perhaps dramatically. Tomorrow, June 14, the FOMC minutes are released.
The MRI 3D Report recommended last Wednesday evening to buy DXU17 @ 96.660 LMT with a 0.220 sized 96.440 STOP GTC. Friday showed to be a top (temporary?), so our updated 97.070 STOP GTC was elected Sunday and we’re flat thru the FOMC.
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Wednesday, June 14, 2017
In Gold we Trust: Gold Bull Market Charts and Research / Commodities / Gold and Silver 2017
By: GoldCore
In Gold we Trust Report: Bull Market Will Continue
The 11th edition of the annual “In Gold we Trust” is another must read synopsis of the fundamentals of the gold market, replete with excellent charts by our friend Ronald-Peter Stoeferle and his colleague Mark Valek of Incrementum AG.
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Tuesday, June 13, 2017
Gold and Silver at Breakout Point from 6-Year Downtrend - David Morgan Exclusive / Commodities / Gold and Silver 2017
By: MoneyMetals
Mike Gleason: It is my privilege now to welcome in our good friend David Morgan of The Morgan Report. David, it's always a real pleasure to have you on with us and I'm especially excited to talk with you about some of the topics we've got on tap today. How are you?
David Morgan: I'm doing well Mike, thank you very much.
Mike Gleason: Well, as we begin here David, I want to talk to you about the danger of complacency because I think it's a very appropriate topic for the times we're in right now. To you and me and to many others in our space with a similar world view, we see a whole slew of reasons to own precious metals. We have threats of war in many places throughout the globe. We have a president here in the U.S. who the establishment hates and is hoping to oust if they get the chance. We have nation central banks printing new fiat currency at unprecedented levels all throughout the world.
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Monday, June 12, 2017
Gold Price Failed to Break above 1.295.44 Resistance / Commodities / Gold and Silver 2017
By: Franco_Shao
Under pressure by the resistance of the April 17 high of 1295.44, XAUUSD pulled back to 1265 and broke below the bullish trend line from the May 9 low of 1214.17 to the June 2 low of 1258.92 at 1270 on its 4-hour chart, suggesting that the short term uptrend from 1214.17 is complete.
Sunday, June 11, 2017
Gold Breakout? Not Yet / Commodities / Gold and Silver 2017
By: Jordan_Roy_Byrne
Traders and investors noted and celebrated Gold’s alleged breakout from a its downtrend that began in 2011. Tuesday Gold closed at $1297/oz after nearly touching $1299/oz. Gold appeared to break its downtrend on the many charts that made the rounds. However, upon further inspection, there was no breakout from the 6-year downtrend on the weekly chart nor is Gold likely to sustain its strength in the days ahead.
Saturday, June 10, 2017
Gold’s “Bearish Bulls” Addressed, Now What? / Commodities / Gold and Silver 2017
By: Gary_Tanashian
An NFTRH subscriber named Joe, who is a former fund guy and current chart cranking, idea generating maniac (←said with admiration) came up with the term “bearish bulls” recently, by which he meant that a whole lot of people were looking down in the gold sector, especially heading into this week as the dreaded ‘GDXJ rebalance’ and then next week’s FOMC loomed.
On the former, some bounce opportunities were created in oversold companies involved in the rebalance (with bearish bulls’ short covering providing the accelerant) and on the latter, I very much expect the Fed to raise the Funds Rate next week; and so does the futures market. From CME Group…
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