Category: Gold and Silver 2017
The analysis published under this category are as follows.Friday, February 10, 2017
Gold Prices Up 5.8% YTD As Trump ‘Honeymoon’ Ends / Commodities / Gold and Silver 2017
Gold prices continued to shine this week reaching $1,244.70 per ounce and and has posted gains in five of the last six weeks. This week it reached a new three-month high – it’s highest since the Trump win and has climbed over 6% this year, beating the gains made in the same period in 2016.
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Thursday, February 09, 2017
Silver Price 2017 Trend Forecast Update - Video / Commodities / Gold and Silver 2017
The Silver price hit bottom at $15.67 mid December 2016 following which it has entered an uptrend that has taken the precious metal to its recent trading high of $17.88, all this whilst apparently many silver bugs as well as gold bugs had publically thrown in the towel due to the failure of the precious metals to perform following Trumps election win which instead of igniting a rally had resulted in a 20% slump in the silver which ensured that most silver bugs would be too battered and bruised to partake in the subsequent rally.
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Thursday, February 09, 2017
Give Gift of Real Gold This Valentines Day / Commodities / Gold and Silver 2017
For the love of gold
(Don’t) put a ring on it
Is gold jewellery going out of fashion?
You’ll never get what you paid for it
Devaluation: Synthetic diamonds, 3D Printing and Rise of the machines
Buy gold – No one has cracked alchemy
Give the gift of real gold – They will thank you for it
Monday, February 06, 2017
Gold Price Trend Forecast, Where are the Gold Traders? / Commodities / Gold and Silver 2017
This is the 3rd piece on gold that highlights how unloved gold remains today. Considering the 2016 rally in gold and the turbulent times we now find ourselves in, to be honest I'm rather surprised there are not significantly more gold traders all over this market. Part 1 and Part 2 cover the initial stages of this rally from the December lows. Below is an excerpt from the Financial Tap Member weekly weekend report.
I am rather surprised to read across the blogosphere how a majority of Gold Traders appear to discount and undermine the current gold market. I can appreciate that the longer term cyclical outlook remains unresolved, but in the short-term at least, I believe the gold sector looks to be in great shape.
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Monday, February 06, 2017
US Dollar and Gold Markets Update / Commodities / Gold and Silver 2017
As longer Cycles typically dominate shorter ones, this update will provide both longer and shorter views on the USD and Gold. Why the two together? Obviously due to the negative correlation. No correlation works all the time, however, and I fully expect to see periods where the USD and Gold rise and perhaps fall together. That said, the correlation has been fairly strong over the past year so I find it best to sometimes cover these assets together.
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Friday, February 03, 2017
US Mint Gold and Silver Bullion Coin Sales / Commodities / Gold and Silver 2017
Gold’s first new bull market since 2011 last year was overwhelmingly driven by stock investors flooding into gold ETFs. Traditional physical bar-and-coin demand was actually quite weak, falling considerably year-over-year. Nevertheless, it’s still important to stay abreast of classic gold and silver investment demand. One key microcosm of that comes in the form of the US Mint’s sales of its popular American Eagle coins.
When American investors buy physical gold and silver bullion, it’s often in the form of these American Eagle 1-ounce coins. They have a really interesting history. Back in the early 1980s, foreign national gold coins led by South Africa’s famous Krugerrand were soaring in popularity. The US Congress didn’t want the States to be left out of the prestigious national-gold-coin business, so it finally acted in 1985.
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Friday, February 03, 2017
Ignore Trump Sabre-Rattling and Buy Gold / Commodities / Gold and Silver 2017
- Gold hits 12-week high
- USD Gold price up 4.85% in last month
- Sabre-rattling from Trump administration set-to benefit gold
- Iran upset and Middle East tensions could drive oil and gold prices up.
- Financial Times foresees “not only currency wars but a fully fledged trade confrontation that could be disastrous for the world economy.”
- Royal Mint producing 50 % more gold bullion coins and bars compared to 2016
- Utah moves to hold public funds in gold
- WGC report demand for gold hit four-year high in 2016
- Investment demand climbed by 70% last year fuelled by geopolitical uncertainties
Friday, February 03, 2017
Gold Price and Reflation / Commodities / Gold and Silver 2017
In recent years, deflation was considered one of the biggest threats to the global economy. These fears are vanishing. As deflation becomes the thing of the past (there was even the end of deflation in Japan at the end of 2016), reflation is now attracting the attention of investors. What does it mean? According to the most popular definition, reflation is an increase in economic activity and inflation, usually caused by using inflationary measures to reverse deflationary trends. We simply take reflation to be acceleration in the rate of inflation, i.e. the opposite of disinflation, which is a decrease in the rate of inflation.
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Thursday, February 02, 2017
Buy Gold Because of Uncertainty Not Doomsday / Commodities / Gold and Silver 2017
- Doomsday Clock moves closer to midnight
- World not been as close to self-destruction since 1953
- Threat of nuclear powers, climate change and technology all considered heightened risks
- First time the Bulletin of Atomic Scientists have singled out an individual – President Trump
- Doom-mongering is arguably distracting and uncertainties should be more considered
- Gold and silver perform well during times of uncertainty and provide a safe-haven
- Wall Street’s largest fund managers have bet on gold in face of growing uncertainty
Wednesday, February 01, 2017
Why Alternative Facts and Cashless Will Benefit Gold / Commodities / Gold and Silver 2017
Why gold will benefit from the alternative fact of the cashless society
- Alternative facts prevail in the European Commission’s calls for cash controls
- Terrorism is blamed for the need to control cash
- Evidence shows criminals find alternative ways to finance activities
- Citizens continue to want and to use cash in day-to-day life
- Cashless society is being used to force through other ‘agendas’
- Gold and silver will be used as savers are forced to hold assets outside of the financial system
Wednesday, February 01, 2017
Gold Price Set For Very Bullish 2017, Trend Forecast / Commodities / Gold and Silver 2017
I am very bullish on the gold price in 2017 and while the year has got off to a cracking start I believe we need to see a test of the recent low to lay a stronger foundation from which to launch even higher.
Let's review the charts beginning with the long term picture.
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Wednesday, February 01, 2017
Stock Market Melt-up Brings Volatility to Precious Metals / Commodities / Gold and Silver 2017
Our recent analysis bases on a previous report of the potential for a further run in the US markets based on a number of technical and fundamental factors leads to the question of "what could happen with Gold and Silver". A broad US market rally may put some pressure on the metals markets initially, but, in our opinion, the increase in volatility and uncertainty will likely prompt more potential for upward price action in precious metals.
As with most things in the midst of uncertainty and transition, the US Presidential election has caused many traders to rethink positions and potential. As foreign elections continue to play out, wild currency moves are starting to become more of a standard for volatility. Combine this with a new US President and a repositioning of US global and local objectives and we believe we are setting up for one of the most expansive moves in recent years for the US general markets and the metals markets. This week, alone, we have seen a flurry of action in DC and the US markets broke upward on news of the Dakota Pipeline and other Executive actions.
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Tuesday, January 31, 2017
Gold Price is One Tweet Away from New Highs / Commodities / Gold and Silver 2017
President Trump's recent comments on Mexico and building a wall should give gold investors optimism, says Daniel Ameduri, cofounder of Future Money Trends.
President Trump's recent open display on Twitter regarding Mexico and the wall should give gold investors a surge of optimism.
Over the next year, it's highly likely that we will see trade wars erupt with the U.S. and several of its major trading partners, like Mexico, China and the EU.
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Tuesday, January 31, 2017
Cycles for Gold and USD / Commodities / Gold and Silver 2017
Did Gold find a Trading Cycle Low last Friday? Perhaps. Silver was definitely leading the way as it often does at bottoms. But Silver also delivers many head-fakes and with the USD is due for a new Trading Cycle bounce, Gold will likely move lower next week.
My first chart on the USD, shows it is deep in its timing band to find a DCL or short term Trading Cycle Low. Thursday may well have been the TC Low I was looking for. If so, to confirm a new Trading Cycle the USD should close above the 10ema and then test/break my Red down trend cycle line.
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Monday, January 30, 2017
Trump's Trade Policy to Drive Price Inflation and Gold Buying / Commodities / Gold and Silver 2017
Donald Trump's trade policy is likely to spark higher consumer price inflation, and that has ramifications for gold and silver prices. Regardless of where investors stand regarding the president's plan to make Mexico "pay" for the border wall, if he is successful in getting Congress to impose a hefty tax on imports it will mean higher prices for things. A tax on goods from China could be even more inflationary.
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Monday, January 30, 2017
Is the Gold Market Finally Ready to Breakout? / Commodities / Gold and Silver 2017
If pleasures are greatest in anticipation, just remember that this is also true of trouble. - Elbert HubbardThroughout 2016, we stated we did not expect much from Gold, and we stuck to this forecast, even though many experts went out of their way to report that Gold was ready to soar to the Moon or even to the next Galaxy. In fact, since 2011, we have continuously said that until the Trend turns positive, it would be best to play other lucrative markets, such as the general equities market, the US dollar, etc. During this time several experts stated that Gold was ready to surge and some issued insane targets ranging from $20,000-$50,000. Under no circumstance can we ever see Gold going to $20,000 or $50,000 and even if drank a whole bottle of scotch or any other toxic compound it would still be very hard to visualise such a target. Issuing such targets is perfect for fear mongering, and we find that tactic to be unpleasant and distasteful.
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Monday, January 30, 2017
Analysis Of Gold Is Much Ado About Nothing / Commodities / Gold and Silver 2017
Any analysis of gold must have a correct premise. And terms used in that analysis must be clearly understood. For example…
“Are you pro-gold?” Just exactly what does that mean? Is it a political or moral issue? In other words, does someone’s position on gold indicate ideology or lifestyle choice? Can a political liberal be pro-gold? And if someone answers the original question in the affirmative, does that mean they are anti-something else?
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Friday, January 27, 2017
Silver Stocks’ New Upleg / Commodities / Gold and Silver 2017
The silver miners’ stocks have surged higher in this young new year, putting the Trumphoria general-stock rally to shame. Following its fourth-quarter drubbing, this tiny contrarian sector is embarking on a major new upleg as traders return. Silver-stock uplegs tend to grow to massive proportions, and silver-mining fundamentals remain strong today. So odds are the silver stocks are going to power far higher in 2017.
Because silver stocks aren’t widely followed, most investors and speculators are unaware of this sector’s stellar upside potential. Silver mining is a challenging business both geologically and economically, so there aren’t many primary silver miners out there. And their stocks’ collective market capitalization is small, a rounding error compared to the broader stock markets. That doesn’t leave much room for funds to buy.
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Friday, January 27, 2017
Dow 20K, US Debt $20 Trillion, Trump and Gold / Commodities / Gold and Silver 2017
by Jan Skoyles, Editor Mark O’Byrne
In case you’ve been hiding under a rock, the Dow Jones Industrial Average reached 20,000 earlier this week for the first time in its 132 year history to much media fanfare.
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Friday, January 27, 2017
The Fed and Gold in 2017 / Commodities / Gold and Silver 2017
As everyone already knows, the Fed has finally hiked its interest rates for the second time in a decade and for the first time since December 2015, when it ended the zero interest rate policy. The chart below shows the current level of the effective federal funds rate after the recent move.
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