Category: Gold and Silver 2018
The analysis published under this category are as follows.
Sunday, May 13, 2018
The Truth About Gold That Neither Bugs Nor Bulls Want to Admit / Commodities / Gold and Silver 2018
By: Graham_Summers
Let’s talk about Gold as an investment.
Gold is one of the most divisive asset classes on the planet. Stock-centric investors such as Warren Buffett think it’s a worthless “pet rock” that fails to appreciate in value. Gold bugs, on the other hand, revere the precious metal with an almost religious-like ferocity.
Both of these views are misguided particularly when you apply them to a framework that involves TIME.
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Sunday, May 13, 2018
Silver Forecast 2018 and Beyond, Investing for the $35+ Price Spike! / Commodities / Gold and Silver 2018
By: Nadeem_Walayat
Silver the poor mans gold has so far failed to show any spark of life this year, opening the 2018 at $17.20, and then briefly rallying to a February peak of $17.60 before turning and remaining negative for the year, under performing Gold which has managed to remain positive for the year as both precious metals have effectively flat lined since their February highs, with Silver remaining stuck within a tight trading range of between $16.90 and $16.10 which is a far cry from the bullish expectations of many Silver bugs at the start of the year.
Friday, May 11, 2018
The Precious Metals Conundrum / Commodities / Gold and Silver 2018
By: Avi_Gilburt
First published on Sun May 6, 2018 for members of ElliottWaveTrader.net: A sideways correction lasting a year and a half certainly does a lot to sour investors on a market. And, even though we have not dropped below 20 in GDX this entire time and the GLD has been consolidating just under its breakout region for months, the bearishness and frustration in the complex is palpable. In fact, I have even seen people calling for sub $1000 gold again, and we have not even broken a single support level yet. For me, this is a head scratcher.
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Friday, May 11, 2018
Gold GLD Update…All Aboard ? / Commodities / Gold and Silver 2018
By: Rambus_Chartology
This first chart is a daily line chart for GLD which shows it has completed 5 reversal points so far and is working on the all important 6th reversal point back up to the top rail. This is where the bulls need to step up to the plate.
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Tuesday, May 08, 2018
Gold’s Fundamentals are Not Bullish…Yet / Commodities / Gold and Silver 2018
By: Jordan_Roy_Byrne
Ask some gold bugs why Gold has not broken out yet and you will probably get the usual answers. Some will say it’s due to manipulation or price suppression. Others will mention the current rally in the US Dollar (while neglecting that the previous decline in the greenback was unable to take Gold to a new high). Few would say the fundamentals are not in place. No one can know for certain but Gold’s fundamentals have not improved over the past year and are not where they need to be to support a breakout.
Tuesday, May 08, 2018
From Trumped Equities to Gold / Commodities / Gold and Silver 2018
By: Dan_Steinbock
Despite misguided economic policies and rising geopolitical tensions, the long market expansion has prevailed. But times may be changing. With the Trump fiscal policies and rearmament, America is taking more debt than in decades, even though its sovereign debt now exceeds $21.2 trillion, or 106 percent of the GDP. As fiscal stimulus kicks in (read: Trump’s tax cuts), the deficit will widen.
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Friday, May 04, 2018
Gold Hit by USDX Squeeze / Commodities / Gold and Silver 2018
By: Zeal_LLC
Gold was enjoying a solid spring rally until a couple weeks ago, nearing major upside breakouts. But its nice advance has crumbled since, really weighing on sentiment. Gold fell victim to a rare major short squeeze in US Dollar Index futures. The surging USDX motivated gold-futures speculators to flee rather aggressively. But this will likely prove a short-lived anomaly, after which gold’s assault on highs will recommence.
Gold’s seasonally-atypical weakness over the past couple weeks is very important for speculators and investors to understand. It had nothing at all to do with fundamentals, but was completely driven by the hyper-leveraged gold-futures traders. These guys have long been fixated on the US dollar’s fortunes, looking to its benchmark US Dollar Index for trading cues. That can slave gold’s price to the dollar at times.
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Friday, May 04, 2018
Macro Changes for Gold and Stocks / Commodities / Gold and Silver 2018
By: Gary_Tanashian
Since early 2016 we have been carrying forward a theme illustrating that until the macro trends in place since 2011 change, the situation would be as is, stocks trending up and the precious metals in consolidation/correction. The current trends were kicked off symbolically, and functionally to a degree, by the Fed’s concoction of Operation Twist, a plan with the expressed goal of manipulating the macro (or in the Fed’s word, “sanitizing” inflation signals). Until this year it has been the gift that keeps on giving to unquestioningly bullish stock market participants.
Thursday, May 03, 2018
A Long Term Gold Very Unpopular View / Commodities / Gold and Silver 2018
By: Rambus_Chartology
Since roughly the middle of January of this year we’ve seen some big changes in character taking place in many different areas of the markets. After nearly two years of low volatility, which is much easier to take, volatility has come back with a vengeance and doesn’t seem to be slowing down much. Its been most obvious in the stock markets, but now the US dollar’s volatility has spiked which may be suggesting something is in the wind. What that something is can be anyone’s guess, but something changed in mid January of this year.
Tonight I would like to show you some old long term charts I built out four years or so ago after the top in the PM complex was established. Some of the longer term subscribers will remember them as they had a long term bearish tone to them if they played out. It’s been a long time since I posted some of these charts because for the last several years nothing much has changed which maybe coming to an end.
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Thursday, May 03, 2018
The Case for Gold in the Era of Financial Virtual Reality / Commodities / Gold and Silver 2018
By: Michael_J_Kosares
On the holodeck the markets are telling us something but we know not what
"John Locke, the British philosopher whose ideas fuelled the American Revolution, had a theory of knowledge and perception, which I always found annoying. Asked if we have an idea of the substance behind our perceptions, he said we had 'no such clear idea at all, and therefore signify nothing by the word substance but only an uncertain supposition of we know not what'. The philosophical debate has moved on in the centuries since Locke wrote. But his idea captures well the uneasy state of the world's financial markets. They are driven in the short run by perceptions, not reality. If many have the wrong impression, markets will move on that. But in the long run, markets move on matters of substance. And at present the economic substance is a 'something we know not what.'" - John Authers, Financial Times
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Wednesday, May 02, 2018
Precious Metals Sector On a Long-term Buy Signal, Short term Mixed / Commodities / Gold and Silver 2018
By: The_Gold_Report
Technical analyst Jack Chan updates his gold and silver charts.
Our proprietary cycle indicator is up.
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Wednesday, May 02, 2018
The Coming Silver Supply Crunch Is Worse Than You Know / Commodities / Gold and Silver 2018
By: GoldSilver
Jeff Clark : For data wonks like me, the annual Yearbooks from various gold and silver consultancies make for fun reading. You can always find little gems about what’s going on in the markets, and sometimes you can spot changes in trends early on. Seeing a compelling chart, especially one that’s not been widely reported, is almost as exciting as seeing my wife in a short skirt on date night.
Well, I’ve got a series of charts for you that point to a silver trend that is so entrenched in its development, so inevitable in its outcome, so inescapable in its consequences that it comes as close as one can get to a guarantee. And once fully underway, it will have major implications for the silver price, along with the availability of investment metal.
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Tuesday, May 01, 2018
What Can Alchemists Say About Gold? / Commodities / Gold and Silver 2018
By: Arkadiusz_Sieron
Alchemists are precious metals experts, aren’t they? So let’s see what we can learn from the latest issue of the Alchemist, the LBMA’s quarterly journal.
Silver Linings
Silver has been always in gold’s shadow. Could the accelerated and synchronized global growth finally boost silver? In his article, Jonathan Butler offers two arguments in favor of higher silver prices. First, in a world of synchronized growth, silver should outperform gold, as it has a much larger industrial base. In particular, the solar sector and vehicle electrification are very promising areas for silver demand. Second, silver seems to be undervalued. Historically, one needs 58 ounces of silver to buy an ounce of gold, but now it would take around 80 ounces.
Tuesday, May 01, 2018
A Gold Sector Fundamental View / Commodities / Gold and Silver 2018
By: Gary_Tanashian
With gold testing its 200 day moving average this morning I thought I’d reproduce the first part of the precious metals segment from week’s Notes From the Rabbit Hole (NFTRH 497), including a daily chart of gold at the end showing the anticipated SMA 200 test.
[edit] Steve Saville updates gold’s ‘true fundamentals’ here. Notice at the end what is not considered fundamentally material.
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Monday, April 30, 2018
Silver Tiny Volume Signal, Big Price Implications / Commodities / Gold and Silver 2018
By: P_Radomski_CFA
The USD Index reversed in a quite clear way on Friday and gold rallied. It looked like a great bullish combination for the precious metals sector, but was it really one? Gold moved higher on volume that was lowest since the beginning of the year and this means that Friday’s rally shouldn’t be taken at its face value, but instead it should be closely inspected. Moreover, silver just did what was previously followed by big and volatile price moves in all recent cases. What can we really infer from it?
Monday, April 30, 2018
Silver Price Analysis / Commodities / Gold and Silver 2018
By: Austin_Galt
Latest Price – $16.47
Pattern – price looks to have been in a corrective pattern ever since the impulsive move up off the December 2015 low culminating in the July 2016 high. I expect this corrective phase is in its very final stages.
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Saturday, April 28, 2018
Marc Faber: Countries Unwise to Let Antagonistic U.S. Hold Their Gold / Commodities / Gold and Silver 2018
By: MoneyMetals
Mike Gleason: It is my privilege now to be joined by a man who needs little introduction, Marc Faber, editor of The Gloom, Boom and Doom Report. Dr. Faber has been a long-time guest on financial shows throughout the world, and is a well-known Austrian economist and investment advisor, and it's a tremendous honor to have him on with us today.
Dr. Faber, thanks so much for joining us again, and, how are you?
Marc Faber: Well, it's my pleasure to be on your show. Thank you.
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Friday, April 27, 2018
Gold: Pricing vs. Value and Fundamental Look on Technicals / Commodities / Gold and Silver 2018
By: Arkadiusz_Sieron
Gold behaves like a currency. This has extremely important consequence: gold cannot be valued like assets which generate cash flows or even as commodities whose value can be at least estimated looking at the balance of demand and supply. Does it mean that gold is a mere speculation play? No! You have to remember that gold belongs to the currencies. As they have no cash flows, they cannot be valued, but they can be priced against other currencies.
The same applies to gold. It has no “true” which value we can estimate and to which it should converge. On the contrary, the price is the only real number we have and can act on. We see lot analysts who try to estimate the value of gold based on some links – which are allegedly set in stone – between the price of gold and the money supply or the level of the federal debt. And they estimate the “fair” value of gold at either $500 or $20,000. It’s a pure nonsense.
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Thursday, April 26, 2018
Silver, silver, and silver! There’s More Than Silver, People! / Commodities / Gold and Silver 2018
By: P_Radomski_CFA
Silver, silver, and silver – that’s all there seems to matter to the more short-term oriented investors. But, there’s so much more that’s going on than just the rally in the white metal that just got invalidated! The dynamics in the precious metals market extend well beyond the above and the signal that’s coming from silver – as important as it is for the short run – is just one of many puzzles that create the entire precious metals picture. In today’s analysis, we’ll discuss the less popular, but still important factors that are worth considering whether one is investing in gold, silver or mining stocks, or just considering it.
This article is based on numerous questions that we received in the past several days from our subscribers. It’s quite likely that they represent the questions and doubts of many other gold and silver investors, so we thought that you’d appreciate getting to know replies and insights from those, who’ve been investigating this exciting and promising market for more than a decade. Let’s move right to them.
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Thursday, April 26, 2018
What Is Gold: Asset, Commodity, Currency or Collectible? / Commodities / Gold and Silver 2018
By: Arkadiusz_Sieron
What is Bitcoin? Is it just a payment system, money or investment asset? Nobody knows for sure – it generates enormous definition and classification problems. But it’s understandable, as Bitcoin in a new player in town. However, people also cannot agree on what gold really is. Let’s solve this problem once and for all. It will enable us later to adopt the right gold investing philosophy.