Category: Gold and Silver 2015
The analysis published under this category are as follows.Monday, October 19, 2015
LBMA Looks to Modernise Gold Trading / Commodities / Gold and Silver 2015
Change is brewing in London as the the LBMA – the association that oversees the world’s largest gold market – is looking at how best to modernise and improve over-the-counter gold trading.
As members of the world’s gold industry meet this week at the LBMA’s annual conference in Vienna, their proposals are being sought on how to bring the gold trading in London up to date.
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Monday, October 19, 2015
Gold New Bull Market a False Dawn? / Commodities / Gold and Silver 2015
Gold's cheerleaders are at it again, jumping up and down with excitement as they proclaim the birth of a new bullmarket, and herding their flocks into the sector, when they have barely recovered from the last fleecing.
There are 3 factors that we are going to look at which suggest that this latest rally is just another false dawn. One is the unbroken downtrends in gold and silver, the next is the unfavorable alignment of their moving averages, and finally their latest COTs, which call for caution - especially silver's which is downright bearish.
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Monday, October 19, 2015
Silver Bugs Premature Celebrations? / Commodities / Gold and Silver 2015
Silverbugs have been getting worked up this month about the possibility of a new bull market in their favorite white metal, due to its sharp rally in the early days of the month, but as we will see in this update, the long-term charts and latest COTs reveal that there is little real cause for celebration - on the contrary, we should beware of an imminent downturn in silver and more than that, position ourselves to capitalize on it.
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Sunday, October 18, 2015
Now is the Time to Short Gold and Silver / Commodities / Gold and Silver 2015
Tony Mermer writes: Gold's recent rally has convinced many investors and traders that the precious metals bear market is over. I disagree. Since I believe that the gold and silver bear markets are not over, the recent rally is merely a rally within this bear market. This rally is probably over, so here's why now is the time to short gold and silver.
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Saturday, October 17, 2015
Shanghai Gold Exchange Withdrawals Running at Record Pace / Commodities / Gold and Silver 2015
Withdrawals of gold from the Shanghai Exchange alone are at 1,958 tonnes for the year. The first chart below compares that pace to the prior years.
As I noted the other day, the mispricing of value and risk in the gold market, primarily driven by traders in London and New York, is calling a form of Gresham's Law into action.
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Saturday, October 17, 2015
Gold Price Retracement / Commodities / Gold and Silver 2015
At 12 weeks gold has probably produced it's first right translated intermediate cycle in almost 3 years. But after 2 big up weeks in a row and a test of the 50 WMA it would mot be unusual for gold to back off and regroup for a week or two before breaking through that resistance.
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Friday, October 16, 2015
Gold and Silver Price Test Initial Resistance / Commodities / Gold and Silver 2015
The precious metals sector, after failing to breakdown has enjoyed a strong rally in recent weeks. Gold, Silver and junior gold miners (GDXJ) have reached their 200-day moving averages with senior miners (GDX) close behind. While this is a positive development it does not yet signal that the sector is embarking on a new bull market trend. There are a few things to keep an eye on over the days and weeks to come that can help us determine if a new bull market is taking shape.
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Friday, October 16, 2015
Silver Price Green Light / Commodities / Gold and Silver 2015
Silver looks like it has bottomed and will move substantially higher. Why?
Long Term – 25+ years: Examine the silver to gold ratio since 1990. The ratio is currently low and appears to have bottomed. Silver bottoms when the ratio bottoms. Expect a multi-year rally.
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Friday, October 16, 2015
Gold's Inflection Point and Asset Allocation with Butler and O'Byrne / Commodities / Gold and Silver 2015
- Gold’s Outlook For Year End 2015 and In 2016
- Gold’s Performance in the Coming Years: 2016-2020
- Coming Global Currency Reset
- Asset Allocation – How Much Gold?
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Friday, October 16, 2015
Gold Holdings in GLD ETF Continue to Climb / Commodities / Gold and Silver 2015
A quick update on GLD for the readers and by request…
GLD reported another nice build in reported gold holdings today – about 5 tons. That comes on the heels of a nice increase the previous day of some 7+ tons.
Since October 1, gold holdings have climbed from 689.2 tons to 700 tons. While not a huge build, nonetheless, this is what one wants to see if the gold price is moving higher as it shows investment demand from Western-based investors.
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Thursday, October 15, 2015
Gold Surprise / Commodities / Gold and Silver 2015
The surprises are going to the upside for gold, and that is obviously a change in behavior. The miners are roaring higher and are outside of their Bollinger Bands for multiple days, a sure sign of strength. Up until very recently, the Investor Cycle had showed us relatively little to get excited about. But suddenly, eleven weeks into the Cycle and right where you would have expected it to turn lower, gold has found yet another gear.
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Thursday, October 15, 2015
Silver Prices and Technical Analysis / Commodities / Gold and Silver 2015
We started this series “shallow and wide” on the subject of what's really determining the silver price…
What are the factors, the most influential factors right now? Last week we covered high-frequency trading and algorithm trading in association with the future's market. This week we're going to kind of go on a second factor, which is silver prices and technical analysis.
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Thursday, October 15, 2015
Gold Price Flashes Buy Signal on Technical Breakout / Commodities / Gold and Silver 2015
Gold is rocketing higher during the first two weeks of October, up roughly $75 to $1,185 today. This is a gain of 6.7% in just two weeks as investors are increasingly betting that the gold price has bottomed.
The price advance is being driven partially by comments from Federal Reserve board members suggesting that a rate hike is not a sure thing in 2015, as most analysts had once expected. This news has helped to push the dollar lower and precious metals higher over the past few weeks.
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Wednesday, October 14, 2015
Gold Price Forecast to End 2016 at $1,400 an ounce / Commodities / Gold and Silver 2015
Gold prices are headed for a critical test according to The Week today. The Federal Reserve’s ‘wait and see’ stance suggests policymakers there are in no rush to increase rates this year. “Sentiment over interest rates has been controlling gold prices all year,” says The Week “as traders prepare for a rise that will lessen the attraction of non-yielding commodities and boost the dollar”.
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Wednesday, October 14, 2015
Gold Stocks – Why Now? / Commodities / Gold and Silver 2015
I have become more and more positive towards Gold STOCKS since the summer.
As my readers know, I went on a gold mining shopping spree on August 6th 2015, when I wrote:
As I wrote 3 days ago, Gold miners have been punished really hard. Maybe a bit too hard.
Therefore I went on a gold mining shopping spree today when the markets opened.
Wednesday, October 14, 2015
Gold Prices Will Rise Because … / Commodities / Gold and Silver 2015
A) War in Syria, Ukraine, Middle East, South China Sea and other places seems more likely each month. History shows that wars are inflationary, commodities increase in price, and governments finance wars with debt and fiat currency. We want higher gold prices and no war, but the “powers-that-be” will do what is necessary to increase their power and wealth, and if that requires war, then expect more war.
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Tuesday, October 13, 2015
Which Is The Better Investment - Gold Or The Dow? / Commodities / Gold and Silver 2015
As far as I'm concerned, the only way to answer the question of which is the better investment between gold and the Dow Jones Industrial Index is to analyse the chart of the Dow expressed in gold. So, let's do just that using the monthly and weekly charts of the Dow/Gold ratio.
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Tuesday, October 13, 2015
Gold Signals The End Of This Monetary Era / Commodities / Gold and Silver 2015
Gold remains our best means of economic measurement. It is not a perfect, but it is our best. Due to its monetary properties, gold can be used to measure wealth across generations.
Just like we have the sun and moon to discern the times and seasons, I believe, we have gold to discern changes in wealth. It is interesting that the sun is often compared to gold, and the moon to silver. Just like a day in the Middle Ages is comparable to a day in this century, an ounce of gold in the Middle Ages is comparable to one today.
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Tuesday, October 13, 2015
The Gold and Silver Bear Markets Are Not Over / Commodities / Gold and Silver 2015
Our gold and silver models state that the gold and silver bear markets are not over as of October 13, 2015. Here’s why.
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Tuesday, October 13, 2015
Marc Faber - Gold’s “Bigger Question” Is Where To Store It / Commodities / Gold and Silver 2015
Marc Faber has again encouraged individuals to own physical gold, be wary of possible government confiscation and said that the big question is where to store your gold.
Read full article... Read full article...“ … But I would say an individual should definitely own some physical gold…The bigger question is where should he store it?”