Category: Gold and Silver 2014
The analysis published under this category are as follows.Friday, November 21, 2014
Gold's Volatility and Other Things to Watch / Commodities / Gold and Silver 2014
Gold's reversal from $1130 to $1200 combined with sharp rebounds in the gold miners has given precious metals bulls some hope that the bottom may be in. A few weeks ago we noted that the sector was extremely oversold and a snapback rally could begin. Gold has been the tell for the bear market and a real bull market throughout the precious metals complex may not begin until Gold's bear has ended. In this editorial we dig deeper into some things to watch as they pertain to Gold.
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Friday, November 21, 2014
Gold Price Now What? / Commodities / Gold and Silver 2014
Gold has been volatile in recent weeks. It broke down, then it bounced back up. So where does it currently stand?
Gold's timing will help us in identifying the lows and the steps upward towards a new bull market.
Chart 1 shows our favorite gold timing tool. As our older readers know, gold has had recurring cycles going back for years.
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Thursday, November 20, 2014
The Secret Advantage Gold/Silver Owners Have Over Everyone / Commodities / Gold and Silver 2014
Guy Christopher writes: A lot of folks took advantage of recently falling gold and silver prices to beef up their precious metals holdings.
Those adding to their portfolios understood the old adage of buying low and selling high. Unfortunately, others wait until dollar values of gold and silver have zoomed before deciding to convert their paper money.
Wednesday, November 19, 2014
Gold Manipulation - Efficient Markets Driven By Symmetrically Available Information - Algorithic! / Commodities / Gold and Silver 2014
"What a piece of work is a man, how noble in reason, how
infinite in faculties, in form and moving how express and
admirable, in action how like an angel, in apprehension how like
a god! the beauty of the world, the paragon of animals." - William Shakespeare, Hamlet
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Wednesday, November 19, 2014
Gold Rises After Unusual Russian Central Bank Gold Buying Announcement / Commodities / Gold and Silver 2014
Russia’s central bank bought about 150 metric tons of the metal this year, announced Governor Elvira Nabiullina yesterday. The pronouncement immediately created buying in the market, prompting gold to rise to a two week high at $1,200 an ounce.
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Wednesday, November 19, 2014
Why Gold and U.S. Dollar Do Not Always Move Inversely? / Commodities / Gold and Silver 2014
Arkadiusz Sieron writes: The strength (or weakness) in the U.S. dollar is one of the most important drivers of price of gold. However, this is not always true and there are times when they rise or fall simultaneously. The positive correlation between U.S. dollar and gold occurred, for instance, from May through December 1993, from May until November 2005, and at the turn of the 2008 and 2009.
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Wednesday, November 19, 2014
Gold & Silver Timing and Flexibility is the Key to a Successful Trade / Commodities / Gold and Silver 2014
Background
Gold has not glistened since the summer of 2011 when a substantial rally took it to an all-time record price of $1900/oz.
Since then however it has been a one way trek south punctuated by an occasional weak rally or head fake. Gold’s inability to sustain a meaningful move to higher ground has been damaging to any portfolio that has acquired gold, silver or the associated mining stocks over the last 3 years or so. Gold’s bull market lasted for 10 years from 2001 to 2011 before its rally came to an end. One can be forgiven for expecting such a rally to continue indefinitely as the same data which supported the precious metals surge were more or less still in place. Gold’s fall from grace can be attributed to many reasons including the attraction of a roaring stock market, resurgence of the US dollar, cost of storage, poor sentiment, etc. Depending on the time that one entered this market determines ones current p/l position. Those who purchased gold, silver and the producers in the early years of this bull market will be sitting on handsome profits, assuming they had a buy and hold strategy. For those who are relatively new to this sector of the market it has been a roller coaster of a ride with values being in a progressive state of deterioration.
Tuesday, November 18, 2014
ECB Buy Gold Bullion? Japan's Monetary Policy Dubbed "Ponzi Scheme" / Commodities / Gold and Silver 2014
Concerns about deflation, recession and a return to the Eurozone debt crisis, may see the ECB follow Japan and print money to buy assets including shares, exchange traded funds and physical gold.
Counter intuitively, gold prices fell on the quite bullish news. In marked contrast to the sharp falls gold saw on the mere rumour of small Cyprus selling their miniscule gold reserves. Such odd trading leads to continuing concerns that the precious metals markets are still being manipulated.
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Tuesday, November 18, 2014
Gold, Silver, Crude and S&P Ending Wedge Patterns / Commodities / Gold and Silver 2014
Gold and silver prices have been trading in declining wedge patterns since 2011. Crude has traded in a flat to down wedge pattern for five years, and the S&P has been moving inexorably higher since early 2009 in a contracting wedge.
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Tuesday, November 18, 2014
GOLDZILLA / Commodities / Gold and Silver 2014
“History shows again and again how nature points out the folly of man” –Blue Oyster Cult, Godzilla
I would have written off the gold sector long ago in its ongoing bear market had I thought for one moment that gold’s utility as insurance against the acts of monetary madmen/women in high places had been compromised in any way. On the contrary, the monetary metal is simply having its price marked down in a bear market while its value, especially given its current price and all that has gone on in the financial system over the last 3 years remains just fine.
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Tuesday, November 18, 2014
Has the Gold Bear Trap Been Set / Commodities / Gold and Silver 2014
We finally have some movement within the gold complex, and for a welcomed change, it’s to the upside. It has been dicey lately, as the back and forth daily swings have been unnerving. It’s not common within bear markets to see an asset form a Cycle Low and then just take off to the upside. This is why anyone trading the precious metals sector needs to understand that the Long traders carry with them a lot of anxiety. Past experiences have them guarded, which is why we see these frequent quick intra-day reversals…they’re spooked far too easily.
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Monday, November 17, 2014
Gold Price and Miners Soar on Huge Volume / Commodities / Gold and Silver 2014
Briefly: In our opinion no speculative positions are currently justified from the risk/reward perspective.
Gold moved substantially higher on Friday and the volume was huge. The session was both significant and bullish, but the question remains if such show of strength can be a start of the next big move. As we promised in Friday's second alert, we analyzed the situation thoroughly over the weekend and are reporting to you today.
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Monday, November 17, 2014
Gold Standard - We Are Never Going Back / Commodities / Gold and Silver 2014
It has always fascinated me to hear the mainstream's interpretation of the gold standard. The great majority - including many who are part and parcel to the financial elite - elicit a knee-jerk response to its mere utterance.
Many see the return to the most recent Bretton-Woods-based "imposed standard", not one based on market value. Furthermore, the knee-jerk is detached from the main reasons why they "should" oppose.
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Monday, November 17, 2014
Gold Price Golden Bottom? / Commodities / Gold and Silver 2014
Today I’m going to follow up on my last article “Are commodities at a major turning point”.
If commodities and gold are ready to reverse then the first thing that has to happen is the dollar needs to form a top. I think that may have occurred on November 7th when the last employment report was released. Notice how the dollar formed a key reversal on that day, that was retested Friday and failed, forming a bearish engulfing candlestick.
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Sunday, November 16, 2014
Gold Dragons Grand Strategy / Commodities / Gold and Silver 2014
Zheng Bijian, a leading Chinese intellectual and reformer said: "The most important strategic choice the Chinese made was to embrace globalization."
China has made a new most important strategic choice - Asian Regionalization.
Read full article... Read full article..."In the past few years, both Chinese and foreign analysts began to reach the conclusion that China has developed a fairly consistent and coherent grand strategy... Because economic development is taken as the only way for tackling all the pressing challenges that China is facing and will face, China's grand strategy must serve the central purpose of development. Therefore, the central objective of China's Grand Strategy in the past two decades (which may well last to 2050) can be captured in just one sentence: to secure and shape a conducive environment (security, economic, and political) so that China can concentrate on its development (economic, social, and political)." ~ Tang Shiping and Zhang Yunling, China's Regional Strategy
Saturday, November 15, 2014
Gold And Silver – A Change In Suppressed Down Trend? / Commodities / Gold and Silver 2014
Until there is a clear break of elite’s central banking dominance over the gold and silver markets, there will be no dramatic recovery reflective of where the true price for both metals should be. Whether it is $5,000 or $10,000 for gold or $100 or $200 for silver [the ounce], the current distorted pricing, as dictated by the paper derivative market and not actual physical metal, will prevail demonstrating the power the elites exert at will.
The probability of the elites being “all in” has not even reached the stretching point, yet, although it may be getting there. All that remains, really, is to wait and let events take the unnatural course they have been on for several decades. The undoing of too many decades of gold/silver manipulation/suppression will not be accomplished in a single year, as it has not been over the past few years, and there is no way of knowing the time factor for change in the year[s] ahead.
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Saturday, November 15, 2014
Gold Market Capitulation? Not Likely / Commodities / Gold and Silver 2014
If you’re waiting for capitulation in the gold market, don’t hold your breath – An argument for why the bottom in gold will come with a whimper, not a bang and why the mainstream media might be looking for capitulation in the wrong place.
Read full article... Read full article...ca·pit·u·la·tion noun \kə-ˌpi-chə-ˈlā-shən\
When investors give up any previous gains in stock price by selling equities in an effort to get out of the market and into less risky investments. True capitulation involves extremely high volume and sharp declines. It usually is indicated by panic selling.
Friday, November 14, 2014
My Secret Gold Strike Investing Strategy / Commodities / Gold and Silver 2014
Keith Fitz-Gerald writes: Gold has taken a tremendous beating in recent weeks and is now tumbling along at four-year lows of $1,160/ounce.
Things are so bad that you can actually buy the Central Fund of Canada Ltd. (NYSEMKT:CEF) – a popular gold and silver bullion investment vehicle – at a 10%-11% discount to the price of gold, because traders think the price of gold will drop even lower.
Frankly, I think that’s fantastic news.
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Friday, November 14, 2014
Gold Price Support at $1000/oz / Commodities / Gold and Silver 2014
Gold and gold miners have rebounded but remain in a technically weak position. Both markets have failed to move beyond the highs made last Friday. The same happened to the gold stocks in early October. They exploded higher one day but failed to muster anything after that. At that time Gold continued its rally for a few weeks. This time Gold has struggled to sustain Friday’s gains. While we are coming to the end of the bear market and one should not be too bearish, the downside target of $1000/oz Gold remains well in play.
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Thursday, November 13, 2014
Gold Sector Review - Inflation, Fundamentals, Psychology/Sentiment and Technicals / Commodities / Gold and Silver 2014
Below is a summary of some of the aspects we follow in NFTRH to gauge a future investment stance on the gold sector. It is much more complex than simply hearing dogma that seems to make sense and then holding on for dear life…
Inflation
The hype is dying. 10 years of inflation hysterics have gone down the drain even as global policy makers pull out inflationary bazookas and use them at the slightest hint of economic trouble. The BoJ’s recent action was just the latest and most striking in its timing. Global markets were bouncing within correction mode and the Yen had just pinged a key resistance level. The BoJ then blew the Yen up with policy designed to at once reward risk takers and asset holders and mercilessly punish the Japanese people, renowned for the ethic of saving.
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