Category: Gold and Silver 2013
The analysis published under this category are as follows.Friday, February 14, 2014
Gold and Silver Price Control Limbo / Commodities / Gold and Silver 2013
Nothing matters to anybody until it matters to everybody — and by then it's too late. This could easily be said for the gold and silver price manipulation.The question is whether the end comes before or after a concurrent monetary collapse, currency crisis, or hyperinflation.
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Saturday, December 28, 2013
The Mechanics of Gold and Silver Price Manipulation / Commodities / Gold and Silver 2013
Much confusion persists regarding the method, or mechanics, of how the big banks are able to push the price of precious metals around at will for so long.
GATA and Ted Butler have long established and outlined the reasons why this occurs (legally). They have also established the foundation that forms the basis of how the manipulation unfolds. Despite very clear and concise commentary, the message sometimes becomes diluted in its distribution. This situation makes for easy picking from the hard-core opposition who mainly reside, ironically, as part of the professional mining and trading community.
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Friday, December 27, 2013
Gold Opening / Commodities / Gold and Silver 2013
Thomas Clayton writes: Above red EMA9
Minimal Red Volume Bars
MACD lines crossed positive, Histogram Bars are above Zero,
Stoch RSI Positive Up
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Friday, December 27, 2013
Gold and Silver Tottering Into the End of the Year / Commodities / Gold and Silver 2013
"Oh what a tangled web we weave,
When first we practise to deceive!" - Sir Walter Scott, Marmion
“The arrogance and brutality of empire are not repealed when they temporarily get deployed in a just cause.” - Michael Kazin
When governments intervene in markets, other than occasionally and transparently in currency and interest rate markets in pursuit of clear policy, I do not see how they can expect investors to maintain the confidence in their policies and actions.
Tuesday, December 24, 2013
Silver Bells Ringing Price Bottom? / Commodities / Gold and Silver 2013
I would like to wish each of our readers, subscribers, partners, and supporters a delightfully enlightened and prosperous holiday season. Although no one literally rings any bells at market tops or bottoms, let me just state that there is strong technical evidence for a multi-generational bottom in silver occurring some time in 2014, and leave it at that. Click here for the entertaining prophecy and here for some final downside targets before this mother of all bull markets ignites. Below are the unfolding charts.
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Monday, December 23, 2013
Gold and Silver Parabolas and Ratios Story / Commodities / Gold and Silver 2013
Below is a combo chart that I’ve shown you several times that has the INDU:GOLD ratio on top and gold on the bottom. So far the parabolic move in the ratio and gold is still playing out. As you can see on the gold chart below gold touched the parabolic arc this week with the ratio chart on top doing the same. This was an important week for this ratio and gold to keep the parabolic moves going in each direction.
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Sunday, December 22, 2013
Supressed Gold Market Remains Suppressed, But For How Long? / Commodities / Gold and Silver 2013
Part of the reasoning for the price of gold to attain levels that are multiples of the current price, sometime into the future, [too late for those who have been calling for much higher gold prices in 2013], is the Federal Reserve central bank creating trillions and trillions of digital currency to support every underwater bank in existence. None of the newly created imaginary computer entries, aka currency, has made it into the hands of the business community, nor into the hands of the people, aka financial serfs, as far as bankers are concerned.
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Saturday, December 21, 2013
JP Morgan Takes On More Gold, Sutck 61,790 Ounces Out of Mocatta / Commodities / Gold and Silver 2013
The big stopper JPM added about two tonnes of gold, and 61,790 ounces of bullion came out of the Scotia Mocatta registered inventory.
This brings the total deliverable (registered) ounces of gold down to 432,612 which is a number that we have not seen in this inventory category since the early 1990's, well before the gold bull market.
Saturday, December 21, 2013
Silver Charts Offer Most Reliable Information / Commodities / Gold and Silver 2013
The most reliable information is still found in the charts.
Last week, we said to look at Bitcoin as an example of what to expect for silver, in terms of a market moving higher with impunity in a very short period of time, See Market Coming To An End, 18th paragraph. Ironically, reference to Bitcoin for its unfettered rise from just a few dollars to over $1,200, then just a few days later, the U S Treasury's Financial Crimes Enforcement Network decided to send notice to businesses that transact in Bitcoin that such activity may be considered in the arena of money laundering and that businesses "may have to comply with federal law and regulation as money transmitters, a Treasury spokesman said," and Bitcoin fell hard.
Friday, December 20, 2013
Will Gold and Silver Prices Drop Any Further? / Commodities / Gold and Silver 2013
Many times in our previous essays we have written that if you want to be an effective and profitable investor, you should look at the situation from different perspectives and make sure that the actions that you are about to take are really justified. Therefore, at the beginning of the month we examined gold and silver mining stocks to find out what kind of impact they could have on precious metals’ future moves. Back then, we concluded that the medium-term outlook for gold was bearish and mining stocks seemed to be leading gold lower. To make sure that our assumptions were correct, we decided to check the chart featuring gold’s price from the non-USD perspective and also from the European perspective. You could read the conclusions in our essay from Dec. 6, 2013.
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Friday, December 20, 2013
Silver Price Launchpad / Commodities / Gold and Silver 2013
Silver has cratered in 2013, spawning a sentiment wasteland of extreme bearishness. Yet peak despair is the very best time to buy low. Silver prices have converged on multiple major secular support zones, an exceedingly bullish technical launchpad. The white metal is also very cheap relative to gold, which is its primary driver. All this is setting up silver and the stocks of its miners for a fantastic new upleg in 2014.
I know that is hard to believe this week, with the Fed’s surprise QE3 tapering hammering the precious metals. Literally all year long, the tapering hysteria has sparked numerous selloffs in gold and silver. And this week the actual taper is pounding silver down to retest its deep late-June low. Schizophrenic futures traders believe not only are QE3’s inflationary debt monetizations bearish for silver, but so is the end of them!
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Friday, December 20, 2013
Gold Price Breaking Below $1200, Silver $19 / Commodities / Gold and Silver 2013
This was the week the Federal Open Market Committee decided to start tapering. The result was gold traded below $1200 yesterday for the first time in nearly six months, and silver pulled back to $19.10.
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Friday, December 20, 2013
Spinning Straw into Silver and Gold / Commodities / Gold and Silver 2013
World financial markets are poised for a major phase transition. We are witnessing a bubble trifecta where a bubble in bonds, equities, and housing are beginning inflate beyond sustainability, which poses a very real threat to what is left of the real economy. Add to this that the underlying unit of measure is a currency backed by debt and politics.
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Friday, December 20, 2013
Gold and Silver Bear Market is in its Final Throes / Commodities / Gold and Silver 2013
The Fed decision was the catalyst for the final breakdown in precious metals. On Thursday Gold closed at a new low, below $1200 and the gold shares also closed at a new low. Last week we wrote: “The bulk of the evidence leads me to believe that we probably have not seen the bottom though we are very close…..Bottoms can happen in an instant or develop through a basing process. Huge immediate rebounds originate from extreme oversold conditions. We don’t have that at the moment.”
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Thursday, December 19, 2013
Silver Bells May Soon Be Ringing for Investors / Commodities / Gold and Silver 2013
Sean Brodrick writes: They say that a bell never rings at the top and the bottom of the market. But there’s some real jingling going on in silver right now. And it may just be the start of something big. Could you profit from it? Yes!
There’s no denying that silver took a beating in 2013. Recently it was down 33.6% for the year, even worse than gold’s abysmal 25% loss. Clearly, investors hate silver.
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Thursday, December 19, 2013
What Does Tapering Mean for Gold and Silver? / Commodities / Gold and Silver 2013
Now we know: The Fed is going to purchase $75bn of assets, a reduction of $10bn a month. The two other bits of information that came from the FOMC meeting were that purchases of US Treasuries and mortgage bonds are to be cut by $5bn each, and interest rates will be held at zero for even longer. And to justify zero interest rates, the unemployment target is being shifted from 7% to 6.5%.
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Thursday, December 19, 2013
Fed Tapering Whacks Gold and Spooks China / Commodities / Gold and Silver 2013
WHOLESALE London gold sank against all currencies Thursday morning, falling 1.9% vs. the Dollar to hit 6-month lows after initially trading flat overnight despite the US Fed finally reducing its $85 billion per month in asset purchases.
Cutting next month's quantitative easing of US mortgage and longer-term government bond rates to $75bn, the Fed pointed to "growing underlying strength in the broader economy."
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Thursday, December 19, 2013
Gold, Silver and HUI Stocks Diamond Patterns / Commodities / Gold and Silver 2013
Lets get right to the charts tonight as everything seems to be going according to plan so far. Today’s move in gold seemed volatile but when you look at the daily chart, the price action fit right into another little Diamond consolidation pattern, that has formed just below the bigger blue Diamond consolidation pattern. When you look at the very last bar on the chart below you can see the high today came right up to the top rail on the right side of the Diamond and then fell away. Then just towards the end of the day it broke through the bottom rail. So it looks like our small consolidation phase maybe coming to an end. If we get a backtest tomorrow, to the bottom red rail, it would be a good low risk entry point to add another small bite to your existing position.
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Wednesday, December 18, 2013
Fed Policy Change That Will Increase the Gold Price / Commodities / Gold and Silver 2013
For investors having a rooting interest in the price of gold, the catalyst for a recovery may be in sight. "Buy gold if you believe in math," Brent Johnson, CEO of Santiago Capital, recently told CNBC viewers.
Johnson says central banks are printing money faster than gold is being pulled from the ground, so the gold price must go up. Johnson is on the right track, but central banks have partners in the money creation business—commercial banks. And while the FFed has been huffing and puffing and blowing up its balance sheet, banks have been licking their wounds and laying low. Money has been cheap on Wall Street the last five years, but hard to find on Main Street.
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Wednesday, December 18, 2013
Why 2014 to be Better for Silver Price - Video / Commodities / Gold and Silver 2013
Precious metals expert David Morgan says, “I think 2014 is going to be better for both the metals.” Morgan is not “exceedingly bullish” on gold and silver, but he says, “If a black swan were to take place, all bets are off. This is where you could get limit-up days in gold and silver and never look back.”
On the stock market, Morgan warns, “The insiders are already out . . . They’ve left the patsies holding the bag, which is the general public for the most part.” Morgan goes on to say, “As the general market goes down, you are going to see gold go up.”
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