Category: Gold and Silver Stocks 2018
The analysis published under this category are as follows.
Wednesday, April 04, 2018
Gold Outperforms Stocks In Q1, 2018 / Commodities / Gold and Silver Stocks 2018
By: GoldCore
– Gold signs off Q1 2018 with best run since 2011
– Gold price supported by safe haven demand, interest-rate concerns and inflation
– Trade wars and concerns over equity market have sent investors towards gold
– ETF holdings highest in nearly a decade
– Goldman Sachs: ‘The dislocation between the gold prices and U.S. rates is here to stay’
Friday, March 30, 2018
Silver Mining Stocks SIL ETF Fundamentals / Commodities / Gold and Silver Stocks 2018
By: Zeal_LLC
The silver miners’ stocks have really languished since mid-2016, relentlessly grinding sideways to lower. With gold out of favor, silver and its miners have largely been left for dead and forgotten. This sector is deeply mired in universal apathy and bearishness. But since silver stocks can skyrocket when silver decisively rallies again, it’s important to keep an eye on silver miners’ fundamentals like their recent Q4’17 results.
Four times a year publicly-traded companies release treasure troves of valuable information in the form of quarterly reports. Required by securities regulators, these quarterly results are exceedingly important for investors and speculators. They dispel all the sentimental distortions surrounding prevailing stock-price levels, revealing the underlying hard fundamental realities. They serve to re-anchor perceptions.
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Friday, March 23, 2018
Gold Junior Mining Stocks GDXJ Fundamentals / Commodities / Gold and Silver Stocks 2018
By: Zeal_LLC
The junior gold miners’ stocks have spent much of the past year grinding sideways near lows, sapping confidence and breeding widespread bearishness. The entire precious-metals sector has been left for dead, eclipsed by the dazzling taxphoria stock-market rally. But traders need to keep their eyes on the fundamental ball so herd sentiment doesn’t mislead them. The juniors’ recent Q4 results proved quite strong.
Four times a year publicly-traded companies release treasure troves of valuable information in the form of quarterly reports. Required by securities regulators, these quarterly results are exceedingly important for investors and speculators. They dispel all the sentimental distortions surrounding prevailing stock-price levels, revealing the underlying hard fundamental realities. That serves to re-anchor perceptions.
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Friday, March 16, 2018
GDX Gold Mining Stocks Fundamentals / Commodities / Gold and Silver Stocks 2018
By: Zeal_LLC
The gold miners’ stocks remain deeply out of favor, trading at prices seen when gold was half or even a quarter of current levels. So many traders assume this small contrarian sector must be really struggling fundamentally. But nothing could be farther from the truth! The major gold miners’ recently-released Q4’17 results prove they are thriving. Their languishing stock prices are the result of irrational herd sentiment.
Four times a year publicly-traded companies release treasure troves of valuable information in the form of quarterly reports. Required by securities regulators, these quarterly results are exceedingly important for investors and speculators. They dispel all the sentimental distortions surrounding prevailing stock-price levels, revealing the underlying hard fundamental realities. They serve to re-anchor perceptions.
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Thursday, March 15, 2018
BOOM: Wyoming Ends ALL TAXATION of Gold & Silver / Commodities / Gold and Silver Stocks 2018
By: MoneyMetals
Breakthrough Sound Money Bill Becomes Law Today with Wide Support
Cheyenne, Wyoming (March 14, 2018) – Sound money activists rejoiced as the Wyoming Legal Tender Act became law today. The bill restores constitutional, sound money in Wyoming.
Backed by the Sound Money Defense League, Campaign for Liberty, Money Metals Exchange, and in-state grassroots activists, HB 103 removes all forms of state taxation on gold and silver coins and bullion and reaffirms their status as money in Wyoming, in keeping with Article 1, Section 10 of the U.S. Constitution.
Saturday, March 10, 2018
Cheap Gold Stocks Basing / Commodities / Gold and Silver Stocks 2018
By: Zeal_LLC
The small contrarian gold-mining sector remains deeply out of favor, universally ignored. Thus the gold stocks are largely drifting listlessly, totally devoid of excitement. But that’s the best time to buy low, when few others care. The gold stocks continue to form strong technical bases, paving the way for massive mean-reversion uplegs. And they remain exceedingly cheap relative to gold prices, which drive their profits.
Being a gold-stock investor feels pretty miserable and hopeless these days. The gold stocks have been consolidating low for 14.2 months now, stuck in a seemingly-endless sideways grind. There are still gains to be won, but they are mostly within that low-trading-range context. We haven’t seen one of the huge uplegs gold stocks are famous for since the first half of 2016. So most traders have given up and moved on.
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Thursday, March 08, 2018
Gold Stocks & Silver Oversold but Not Gold Price / Commodities / Gold and Silver Stocks 2018
By: Jordan_Roy_Byrne
The precious metals sector continues to correct and consolidate. Gold remains in a bullish consolidation. It recently reached resistance again and even though it has failed to breakout, it remains above long-term moving averages which are sloping upward. However, the gold stocks and Silver remain in correction mode. They are trading below the long-term moving averages and at the lower end of their ranges over the past 12 months. That certainly provides an opportunity but these markets may not truly perform until Gold is ready to breakout.
Bullish Silver commentaries (because of its CoT) have been making the rounds and I don’t disagree. In the chart below we plot the net speculative position as a percentage of open interest. It is at 7.4%, which is the lowest reading in nearly three years. Interestingly, the daily sentiment index for Silver is not at an extreme. Its at 40% bulls. Technically, Silver is wedged in between support and resistance. A break does not appear imminent.
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Wednesday, March 07, 2018
Gold and Silver Advance Setup Shows New Highs Are Imminent / Commodities / Gold and Silver Stocks 2018
By: Chris_Vermeulen
We’ve been warning about the future moves in the metals markets for a week to our members and readers. Our most recent work showed the metals needed to decline a bit before any new advancement leg could properly setup. Just recently, we profited from the Gold and Silver pulled back taking advantage of our downward predicting, which should setup a strong leg higher which is starting to unfold now. Yes, this could be the beginning of a new bullish leg that metals bugs have been waiting for.
Before we get into the details, we want to alert you that his new advancement leg should be the beginning of a new Wave 3 price advance. This type of price advancement should last many months and consist of multiple price rotations. All we are highlighting today is the eminent price advance that should take place before the end of March. Our more timely and detailed research, which is typically only shared with our subscribers.
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Wednesday, February 28, 2018
Here’s What Gold is Waiting for / Commodities / Gold and Silver Stocks 2018
By: Jordan_Roy_Byrne
Gold was well bid during the equity correction but it could not breakout then and has retreated as equities have roared back. As a result, the Gold to stocks ratio has retraced most of its recent surge. Meanwhile, the US Dollar has rebounded and the oversold and overhated bond market could be starting a rally. The recent rise in long-term bond yields which has benefitted Gold appears due for a pause or correction. Meanwhile, Gold could also correct and consolidate as it waits for a breakout in long-term bond yields which should in turn benefit Gold.
Wednesday, February 28, 2018
Gold Stocks Break Down below 2017 and 2018 Lows! / Commodities / Gold and Silver Stocks 2018
By: P_Radomski_CFA
The HUI Index just closed below both 2017 and 2018 lows. The interpretations of many developments in the market are vague and subjective. But not major breakdowns. Gold miners just showed exceptional weakness by closing at new lows even though gold is still above $1,300 and the S&P corrected more than half of its recent sharp decline. Can anything save the precious metals sector from falling further?
Yes, but based on what happened yesterday, it seems that the golden Superman may have some trouble getting into the scene.
Another downturn in the USD Index would likely trigger a corrective upswing in gold and silver, which would in turn cause the prices of mining stocks to move higher. The “problem” here is that the USD has just invalidated the breakdown below the declining medium-term support line, which significantly lowered the odds for another short-term decline.
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Wednesday, February 28, 2018
The Light at the End of the HUI Gold Stocks / Commodities / Gold and Silver Stocks 2018
By: Rambus_Chartology
I’m going to use this long term weekly chart for the HUI as a proxy for the other PM stock indexes. This chart also shows you why I’ve remained very cautious on any PM stock rally.
What we know for sure is that the HUI rallied strongly out of its January 2016 low to the August 2016 high which was very impressive. At the time it looked like the initial impulse move in a brand new bull market which was a welcomed sight after 5 years of bear market price action. At the 2016 top is where we should have expected some type of consolidation pattern to start building out to consolidate that massive gain, but what we got is not what we wanted to see.
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Wednesday, February 21, 2018
Gold Miners’ Rally? What Rally? Watch Out for More Fake Moves! / Commodities / Gold and Silver Stocks 2018
By: P_Radomski_CFA
Remember how mining stocks soared on Valentine’s Day and how we wrote that a rally is not necessarily bullish? Guess what – this rally has been more than erased. Miners not only closed below the February 14th opening price, but also below the February 13th and 12th closing prices. Mining stocks big rally turned out to be nothing more than just a regular 50% retracement during a decline – something that we saw many times in the past and that we described as likely. But, since the rally was rather inconsequential, then perhaps the decline is inconsequential as well?
Not likely.
It’s not likely because of the context. Gold is still relatively close to its recent high, but mining stocks are very close to their recent low. The latter are underperforming, and Valentine’s Day rally was just a verification of the breakdown in the HUI to gold ratio. Let’s take a look at the details, starting with the currency market (charts courtesy of http://stockcharts.com).
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Tuesday, February 20, 2018
New Low in Gold Stocks is a Strong Buy Signal / Commodities / Gold and Silver Stocks 2018
By: Jordan_Roy_Byrne
Gold has been on the cusp of a major breakout but someone forgot to tell the gold stocks. Gold is right back at resistance levels yet the various gold stock indices are off their September 2017 highs by 11% to 16%. The relative weakness in the gold stocks (and Silver) is a signal that Gold is unlikely to breakout now. In fact, if Gold were to correct here the gold stocks could threaten support and perhaps make new lows. While that sounds quite bearish, history shows that a break to new lows in gold stocks would be a massive buy signal.
Friday, February 16, 2018
GDX Gold ETF Weathers Stock Market Selloff / Commodities / Gold and Silver Stocks 2018
By: Zeal_LLC
The gold miners’ stocks weathered the recent stock-market plunge really well. As evident in their leading GDX ETF, they were already beaten down before stock markets started falling. The resulting explosion of fear bled into GDX, forcing it even lower. Nevertheless, no major technical damage was done. GDX remained well within its consolidation trend channel and is still within striking distance of a major $25 breakout.
Gold stocks’ behavior during stock-market selloffs can seem capricious. This small contrarian sector generally amplifies the price action in gold, which drives its collective profitability. Gold tends to surge in the wake of major stock-market selloffs, which erode investors’ confidence in stocks’ near-term outlook. That greatly boosts gold investment demand as investors soon rush to wisely diversify their stock-heavy portfolios.
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Thursday, February 15, 2018
Strange Link between Inflation and Gold / Commodities / Gold and Silver Stocks 2018
By: Arkadiusz_Sieron
It was a strange day. Inflation surged yesterday. But gold dropped initially, only to quickly reverse the fall and fly into the air. What happened? And – importantly – will gold soar on the inflation fuel?
Inflation Rears Its Ugly Head (or Tries to, at Least)
The recent payrolls report showed that wages had jumped 2.9 percent in January on an annual basis. It was the best result since 2009, which awakened fears of inflation. That’s why investors awaited yesterday’s data on consumer prices. On Tuesday, we warned our readers: “(…) tomorrow, we will see the newest CPI report, which may affect the markets, given that inflation worries were one of the key reasons behind the recent stock market volatility.”
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Tuesday, February 13, 2018
Gold Stocks Groundhog Week / Commodities / Gold and Silver Stocks 2018
By: The_Gold_Report
The physical metals will continue to outperform mining shares until there is some stabilization in the global arena, posits precious metals expert Michael Ballanger.
In the "I hate to say I-told-you-so" category, it looks like the Punxsutawney Phil came out of his den last week, took one look at the state of the global stock markets, and decided to go back to bed for six years. One short week after I posted "Never Underestimate the Replacement Power of Equities Within a (HYPER) Inflationary Spiral," complete with a chart with five smiling faces of those that would be responsible for "Dow 25,800," we have lost a very quick 2,000 Dow points and 105 for the S&P 500. The VIX (CBOE Volatility Index) has moved from around 9 to nearly 50 and the UVXY [Proshares Trust Ultra VIX Short-Term Futures ETF] ("the divorcee-maker" since 2009) went from $8.52 topping over $30 on Monday.
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Friday, February 02, 2018
Radical Gold Under Investment / Commodities / Gold and Silver Stocks 2018
By: Zeal_LLC
Global investors are radically underinvested in gold today. Years of relentless stock-market rallying to endless new record highs have left this classic alternative investment deeply out of favor. But this gold-demand ebb is ending. The same central banks that fueled these extreme stock markets through epic easing are reversing to massive and unprecedented tightening. As stocks roll over, gold investment will return.
Gold is a unique asset class established over millennia that should play a critical role in every investment portfolio. Unlike virtually everything else, gold generally rallies when stock markets inevitably suffer their periodic major selloffs. That effectively makes gold the anti-stock trade. A substantial gold allocation is essential and necessary to diversify and protect stock-heavy portfolios, moderating their overall volatility.
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Friday, February 02, 2018
Gold Stocks GDX Consolidation May Continue / Commodities / Gold and Silver Stocks 2018
By: Avi_Gilburt
While I would love to suggest that the market is ready to break out in a big way, I still have no clear indications that is the case just yet. And, this comes more so from the GDX than either of the metals themselves. So, I am going to focus on the GDX in this update.
The action over the last two days has been a lot more convoluted than one would think by simply looking at the chart. In fact, since we hit the lows yesterday, the action actually presents 4 different ways to potentially be counted from an Elliott Wave structure, with us even completing all of the (b) wave with one more minor high in the GDX tomorrow.
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Friday, February 02, 2018
Gold And Gold Miners Preparing for Big Move / Commodities / Gold and Silver Stocks 2018
By: Chris_Vermeulen
Just a few days ago we alerted our members and followers to a massive setup in the Palladium market that had not been seen in years. This chart formation provides an incredible opportunity for a trader to take advantage of and profit from the expected price decline. We alerted our members and followers on January 24th of this move.
As of today, Palladium has rotated downward by over 9% from the recent highs and should continue to move lower as this multi-month rotation extends. Even though this initial move lower (-9%) reaches our initial predicted target levels, we still believe support won’t be found till prices reach near the $1000 price level. If that support fails to hold, the price of Palladium could fall to the $900. This total move could be over -20% by the time this downward swing ends.
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Monday, January 29, 2018
Gold & Gold Stocks Approaching Resistance / Commodities / Gold and Silver Stocks 2018
By: Jordan_Roy_Byrne
Gold and gold stocks have enjoyed an excellent rebound since their December lows. Over the past six weeks Gold rebounded from a low of $1238 all the way to $1365 in recent days. The miners meanwhile rebounded nearly 18% (GDX) and 21% (GDXJ). However, these markets are approaching important resistance levels and at a time when sentiment is becoming stretched and the US Dollar has become very oversold.
Take a look at the charts of Gold, GDX and GDXJ. Gold has reached the September 2017 highs while GDX came within 2%-3%. GDXJ is lagging but came within less than 5%. Another round of buying over a few days should be enough to push the miners to resistance.
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