Category: Gold and Silver 2017
The analysis published under this category are as follows.Tuesday, January 03, 2017
What IF Gold has a Drop Dead Line? / Commodities / Gold and Silver 2017
In part 2 of this Weekend Report we’ll take an indepth look at gold and especially the long term view. Again, this is just for entertainment purposes only until gold can close below a very important trendline. I’ve been following this potential scenario since shortly after the US elections. Up until the elections this pattern I’m about to show you didn’t show its self, but now it’s one of the most important chart patterns for gold that I’ve posted in several years. As we discussed in part 1 , please read forward with an open mind regardless of what other information you re processing and what your current expectations are. This is an exercise in my preferred method of Technical Analysis , Chartology.
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Tuesday, January 03, 2017
Silver Prices and the Russian Connection / Commodities / Gold and Silver 2017
Silver prices nearly reached $50.00 in April of 2011. They crashed to a low under $14 in December of 2015 and currently (December 2016) sit at about $16.
Silver prices, in our increasingly unreal debt based fiat currency world, streak higher and subsequently crash to unbelievable lows.
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Monday, January 02, 2017
Gold: Getting There A Little At A Time / Commodities / Gold and Silver 2017
One of life’s hardest-to-learn but most necessary lessons is that things usually take a lot longer to work out than you’d like them to.
That’s where the sayings “Being too early is the same as being wrong” and “The market can stay irrational longer than you can stay solvent” come from.
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Sunday, January 01, 2017
Gold And Silver 2017 – The Golden Lye / Commodities / Gold and Silver 2017
Lye – [noun] a strongly alkaline solution, esp. of potassium hydroxide, used for washing or cleansing.
There has indeed been an ongoing cleansing in the precious metals market since the spike highs five years ago. Remember, there have been calls for a massive turnaround in prices for both gold and silver since 2013…2014…again, even more so in 2015. 2016 has just freshly passed, and both metals continue to flirt with their lows from a year ago. A few years ago, all the rage was for the man and woman on the street to be buying gold and silver coins, long lines, especially in China, forming for blocks to make purchases for the inevitable rally “sure” to soon follow.
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Friday, December 30, 2016
Gold: No Bold Predictions for the New Year / Commodities / Gold and Silver 2017
I’m not much of a fan when it comes to New Year’s predictions. There seems to be an almost fanatical obsession with ‘fortune telling’ when it comes to the financial markets. And gold is no exception.
Some twenty years ago when I was advising my financial planning clients to own gold shares as part of a diversified investment portfolio, my focus was more permanent and long-term. Of course, that is the way I viewed other asset classes as well. There were certainly no ‘predictions’ about performance over the next year or so. Since I retired in 2005, I have noticed that the time periods which we consider and focus on with respect to analysis and investing – be it stocks, real estate, etc. – have become increasingly short-term. In fact, the financial markets seem to be more characteristic of casino-type activity. Investing has become speculation.
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Friday, December 30, 2016
Gold Surges Above $1,150, Mining Stocks Rocket Higher, Time to Buy the Dip? / Commodities / Gold and Silver 2017
The gold price is showing strength heading into the close of 2016. The gold price has advanced for five straight days and is back above $1,150. The price put in a double bottom around $1,125 during December and the recent really suggests this may have been the bottom. After taking out $1,150, the gold price steadily climbed above $1,160 per ounce today.
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Thursday, December 29, 2016
Surging US Dollar in 2017 a Catalyst for Gold Bottom / Commodities / Gold and Silver 2017
Gold has suffered recently in the wake of higher real interest rates while the US Dollar, thanks to higher yields has reached a 14-year high. Stronger real rates hurt Gold but so does a stronger US Dollar, which remains the dominant global currency. In addition to falling real interest rates Gold likely needs the US Dollar to approach a major peak. It may sound perverse to gold bugs but the sooner the US Dollar climbs and the stronger it gets, the closer Gold could be to the start of a new bull market.
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Monday, December 19, 2016
Gold and Silver New Bull or Bear Market Rally ? / Commodities / Gold and Silver 2017
Buckle Up ,Pour yourself your favorite beverage , and take some time . This Report will be an in depth Chartology analysis of the current situation in this ever interesting and often exasperating market we are participating in. Oh and don’t forget to open your mind. Lets begin.
I would like to start the Weekend Report by looking at a combo chart which has the US dollar on top and gold on the bottom, which shows you a better version of the positive divergence the US dollar had vs gold in 2011. First note the red arrows on the US dollar and gold back in 2008 when gold was making a high, and the US dollar was making a low, which is what you would expect. Now look at the two red arrows in 2011 whch shows the all time high for gold and a higher low for the US dollar vs the 2008 low. Gold rallied almost 1200 points to its 2011 bull market high, but the US dollar made a higher low. If they were on an equal footing the US dollar should have traded much lower when gold was making its all time high. That’s how I viewed the positive divergence for the US dollar vs gold.
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Thursday, December 15, 2016
Seasonality Favors Gold, Silver and Junior Mining Stocks Going Into Year End / Commodities / Gold and Silver 2017
Summary
Gold and silver could once again be ready to rally possibly starting in days or in the beginning of 2017.
Precious Metals usually bottom at year end then have massive rallies in the New Year.
Remember the lower it goes the higher it runs and the more gains made in the following year.
Wednesday, December 07, 2016
Silver Bullion Price Buying Opportunity for 2017? / Commodities / Gold and Silver 2017
In my second video in this series looking at prospects for previous metals investing for 2017, I take a look at the silver bullion price. Also remember to check out the other videos in this precious metals series.
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Tuesday, December 06, 2016
Gold Bullion Price Buying Opportunity for 2017? / Commodities / Gold and Silver 2017
This is the first in a series of video analysis that take a look at the precious metals and their stocks. The Gold price has recently taken quite a battering with the price having fallen form a 2016 high of $1378 to its last close of $1171 which is not far from its low for 2016 of $1071 set early on in the year which is perking my interest on whether now could be time to accumulate some more of the golden precious metal that mankind has been obsessing over ever since we sought out the gold and silver shimmering signs of water on the horizon on the sun baked parched east african savanna as has been imprinted within our DNA.
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Tuesday, December 06, 2016
Shariah Gold Standard Approved for $2 Trillion Islamic Finance Market / Commodities / Gold and Silver 2017
by Jan Skoyles, Editor Mark O’Byrne : The Accounting and Auditing Organisation for Islamic Financial Institutions (AAOIFI) and the World Gold Council have made an important decision which was announced yesterday at the World Islamic Banking Conference in Bahrain.
This decision is about one of the most important markets in the world: the gold market, an invest-able market worth an estimated $2.4 trillion and is also of significance for the world of Islamic finance.
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Tuesday, December 06, 2016
THE Gold Play for 2017 / Commodities / Gold and Silver 2017
I'll keep this short...
The Trump gold rally begins on January 20th, 2017.
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Tuesday, December 06, 2016
Trump Sets The Stage For A Huge Gold Rally In 2017 / Commodities / Gold and Silver 2017
Global political tensions have not been this palpable since 9/11, when gold prices jumped 32.87% in a single day, and the amount of uncertainty being ushered in for 2017 promises to be great for the precious metal—our age-hold hedge against chaos and instability.
For a fully-funded junior gold miner backed by heavy hitters in one of the world’s hottest venues--Fiore Exploration Ltd (TSXV–F.V) the timing is brilliant, the production costs fantastic, and the future golden.
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Sunday, December 04, 2016
Gold and Silver Bullion Buying Opportunity for 2017? / Commodities / Gold and Silver 2017
Gold and Silver prices have recently taken quite a battering with the price having fallen form a 2016 high of $1378 to its last close of $1178 which is not far from the low for 2016 of $1071 set early on in the year which is perking my interest on whether it could now be time to accumulate some more of the shiny precious metals that mankind has been obsessed with ever since we sought out the gold / silver shimmering signs of water on the horizon of the sun baked parched east african savanna as has been imprinted into our very DNA.
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