Category: Gold and Silver 2015
The analysis published under this category are as follows.Friday, June 12, 2015
Gold Price Seasonals Bottoming / Commodities / Gold and Silver 2015
Gold remains deeply out of favor, languishing near major lows. Traders are still convinced gold is going nowhere, and want nothing to do with it. But provocatively that’s par for the course in early June, when gold slumps to its most-important seasonal low. Gold’s seasonals are now bottoming, just ahead of the usual major surges in global gold demand coming in late summer and autumn. This is a fantastic time to buy.
Seasonality describes the strong repeating tendencies of some assets’ prices to behave in certain ways at certain times throughout the calendar year. It is driven by consistent changes in supply and demand that are tied to the seasons. Wheat is a great example, as its supply fluctuates considerably based on celestial mechanics. Harvest times naturally yield big new supplies, which tend to drive down prices.
Read full article... Read full article...
Thursday, June 11, 2015
Gold and Silver Sentiment Stinks... And That's a Good Sign / Commodities / Gold and Silver 2015
Markets typically bottom out when popular sentiment is negative. And a recent analysis by Bloomberg confirms that the public has all but given up on precious metals. Assets in exchange-traded products tied to metals prices fell to their lowest point since 2009.
While holders of coins and other physical bullion products tend to hang tight during adverse market conditions, holders of derivate instruments are more likely to move in and out of the market – usually at the wrong times.
Read full article... Read full article...
Thursday, June 11, 2015
Gold and Silver Capped - The Iron Heel / Commodities / Gold and Silver 2015
"We discover that the fortunes realized by our manufacturers are no longer solely the reward of sturdy industry and enlightened foresight, but that they result from the discriminating favor of the Government and are largely built upon undue exactions from the masses of our people.
The gulf between employers and the employed is constantly widening, and classes are rapidly forming, one comprising the very rich and powerful, while in another are found the toiling poor.
Read full article... Read full article...
Thursday, June 11, 2015
Indian Silver Demand Explodes / Commodities / Gold and Silver 2015
- India may absorb as much as one third of total global silver production this year
- Strong demand for silver steadily increasing year by year
- Indian citizens and solar industry take advantage of current low prices in silver
- U.S. silver imports still enormous despite ostensible decline in demand
Thursday, June 11, 2015
Banning Gold and Silver is So 20th Century / Commodities / Gold and Silver 2015
Banning gold and silver in the United States would be just about as effective for igniting demand as the hints of gun control that follow every tragic school shooting. They are primitive political responses with predictable outcomes equal and opposite to what was intended.
For gold and silver, the best ‘they’ can do now is pretend as though the price is not already under full control. Like whistling past the graveyard for the dollar. Gold left the western mainstream portfolio generations ago.
Read full article... Read full article...
Wednesday, June 10, 2015
Gold Bashers – Just For You! / Commodities / Gold and Silver 2015
There is no shortage of negative commentary on gold and silver. A quick google search will produce such headlines as:
“Gold is the Worst Investment in History”
“Gold – Bad Investment: 3 Reasons Why I Don’t Buy Bullion”
“Seven Reasons to Hate Gold as an Investment”
“Gold Was a Horrible Investment from 1500 to 1965”
“Gold Has Been a Bad Investment for Many Years”
Read full article... Read full article...
Wednesday, June 10, 2015
Americans “Looted” Nazi Gold – Reminder of Gold’s Role in Times of Crisis / Commodities / Gold and Silver 2015
- Documents uncovered in Washington show American’s seized Nazi gold in last days of war
- Himmler stashed emergency fund of gold and currencies in post office of small Eastern town to protect from bombing of Berlin
- Loot quickly shipped to Frankfurt where trail ends
- Story shows strategic importance of gold in times of crisis
Wednesday, June 10, 2015
Gold and Silver Trading Alert: Silver Price and Its Signals / Commodities / Gold and Silver 2015
Briefly: In our opinion, a speculative short position (full) in gold, silver and mining stocks is justified from the risk/reward point of view.
Silver caught the attention of many precious metals traders earlier this year when it outperformed gold in a quite sharp manner and broke above the declining long-term resistance line. Many investors and analysts were cheering and emphasizing silver breakout’s importance and silver’s leadership as something bullish for the precious metals market. We respectfully disagreed. It was the case years ago (!) that silver’s outperformance signaled higher prices for the entire precious metals sector, but it wasn’t the case in the recent history – in fact, exactly the opposite was the case. Several weeks ago we featured the following silver to gold ratio chart (charts courtesy by http://stockcharts.com):
Read full article... Read full article...
Tuesday, June 09, 2015
Silver Price Looks Set for Breakdown / Commodities / Gold and Silver 2015
A lot of folks are waxing lyrical about silver, about what a great oversold undervalued investment it is, that is Real Money and how it is leveraged to gold and thus even better etc etc. The only problems are that it happens to be stuck in the same grueling downtrend that has driven it lower and lower for 4 years, and the Commercials are heavily short. Given that the folks waxing lyrical are romantics, and that the Commercials are pragmatists who make money nearly all of the time, you ought to be able to figure from this which side of the equation you should be on. It is not that the romantics are necessarily wrong in their positive assertions regarding silver - their problem would appear to rest with the small matter of timing.
Read full article... Read full article...
Tuesday, June 09, 2015
Gold Price Breakdown Forecast Downtrend to $1000 / Commodities / Gold and Silver 2015
Although the longer-term bullish case for gold could scarcely be stronger, over the short to medium-term the picture continues weak, with it looking vulnerable to breaking down into another downleg to the $1000 area and perhaps lower. In the last update you may recall that there was some optimism expressed that it might perk up on the dollar topping out, but such has not proved to be the case - instead it has performed miserably and now looks set to drop more steeply to new lows.
Read full article... Read full article...
Tuesday, June 09, 2015
Gold - Surviving The Last Few Months Of The Bear Market / Commodities / Gold and Silver 2015
In my previous article yesterday I tried to stress the importance of getting to the sidelines before gold begins the final decline into its eight-year cycle low. Today I’m going to show you what I think is in store and why.
First off let me dispel any notion that this was a natural bear market in gold. On the contrary, this has been a manufactured bear market brought about by intense paper market manipulation by the bullion banks ever since Germany asked for their gold back. It’s been my theory for almost 2 years now that the bullion banks are trying to force the gold market as far down as possible in order to maximize the potential upside once the secular bull market resumes. It’s also been my feeling that the manipulation would continue until gold at least retraces back to the $1000-$1050 level, and we may, and probably will, get a panic overshoot for a few days below that level.
Read full article... Read full article...
Tuesday, June 09, 2015
Central Banks Predict Gold Market - But Not The Way You Think / Commodities / Gold and Silver 2015
By Bob Prechter, Elliott Wave International
Editor's note: This article was adapted from a new multimedia report, "The New Financial Theory that Could Make the Difference in Your Investing Success," from Elliott Wave International, the world's largest financial forecasting firm. Authored by Robert Prechter, the full report demonstrates the failures of the modern investing paradigm and suggests a radically new approach that makes the difference in your investing success. Click here to read and watch the full multimedia report -- it's free.
Read full article... Read full article...
Sunday, June 07, 2015
Gold Price Analysis Update / Commodities / Gold and Silver 2015
After Gold and Silver topped in 2011 many have been looking for a sustainable rally to trade, or exit long term positions. Yet the decline in the precious metals has been generally steady except for a few quick rallies here and there. We have also been looking for a Primary wave A low since last year as well. But each uptrend since then has been short lived or sold off substantially. Since the wave pattern on this four year decline has been quite complex we recently looked at Platinum to possibly get some clues about Gold.
Read full article... Read full article...
Sunday, June 07, 2015
Silver Longs Still Vulnerable / Commodities / Gold and Silver 2015
About a week ago, I wrote a short piece detailing the excessively lopsided long position in the silver market noting at that time, that anyone who has long needed to be paying very close attention to their positions. (see that article here: http://traderdan.com/?p=4972)
In going over this week's Commitments of Traders report, I see that some of that long position being held by the hedge funds has indeed been whittled down somewhat, but unless a lot more of them bailed out from Wednesday through Friday of this week, that position is still very large and still lopsided.
Read full article... Read full article...
Sunday, June 07, 2015
Gold and Silver Shaken, But Not Stirred - Credibility Trap / Commodities / Gold and Silver 2015
"This strange, weak obstinacy, this persistence in the wrong path of progress, grows weaker and worse, as do all such weak things. And by the time in which I write its moral attitude has taken on something of the sinister and even the horrible.
Our mistakes have become our secrets. Editors and journalists tear up with a guilty air all that reminds them of the party promises unfulfilled, or the party ideals reproaching them. It is true of our statesmen that socially in evidence they are intellectually in hiding. The society is heavy with unconfessed sins; its mind is sore and silent with painful subjects; it has a constipation of conscience.
Read full article... Read full article...
Sunday, June 07, 2015
Gold Surviving the Last Few Months of the Bear Market / Commodities / Gold and Silver 2015
As most of you probably know by now, it’s been my belief for about a year that gold’s bear market would not end until at least testing the previous C-wave top at $1050. Every D-wave correction in the secular bull has at least retraced to the previous C-wave top except one.
Read full article... Read full article...
Saturday, June 06, 2015
Gold And Silver - Too Many Are Still Getting It Wrong / Commodities / Gold and Silver 2015
Americans labor under the misguided belief that they have freedom, and by extension, freedom of choice. This simply is not true. Corporations are dictating more and more how Americans live, what to think, what to eat, and more. Google is a perfect example of what was once a superior search engine-turned-government-tool-for-propaganda. Searches have been sanitized to provide only that information the corporate federal government wants you to know, and no more.
It used to be the will of one in this country was protected against the majority. You can no longer find any references to this line of thinking when one Googles "rights for the will of one." There is no such reference but mostly talk about the importance of a majority rule in a democratic society to get people to believe is such a dysfunctional point of view. If you want to do any research on topics the government prefers you do not know, content results will be sanitized, and depending on how "anti-government" a search may be, many available responses can no longer be found but have been cleansed.
Read full article... Read full article...
Saturday, June 06, 2015
Gold and Silver Move Closer to Breakdown / Commodities / Gold and Silver 2015
Gold and Silver are going to close down for the third consecutive day and the third consecutive week. As we pen this on Friday, Gold bounced from $1162/oz and could close near $1170/oz while Silver traded below $16/oz and may close at $16/oz right on the dot. Both metals are now dangerously close to their final weekly supports and therefore one step closer to an important technical breakdown.
Read full article... Read full article...
Friday, June 05, 2015
Radical Gold GLD ETF Under Investment / Commodities / Gold and Silver 2015
Gold remains deeply out of favor thanks to global central banks’ extreme money printing. This fueled a global stock-market levitation that has temporarily short-circuited normal market cycles, leaving investors infatuated with stocks to the exclusion of prudent portfolio diversification. This has left them radically underinvested in gold, which sets the stage for massive mean-reversion buying when they inevitably return.
Portfolio diversification is an absolutely essential tool for investment risk management. This simple and powerful wisdom is ancient, as a three-millennia-old quote from the Israeli king Solomon reveals. He advised, “Invest in seven ventures, yes, in eight; you do not know what disaster may come upon the land.” Indeed history has proven countless times that putting all one’s eggs in one basket is foolish.
Read full article... Read full article...
Wednesday, June 03, 2015
Why Physical Precious Metals Are Safer than Mining Stocks / Commodities / Gold and Silver 2015
David Smith writes: When investors first become interested in the precious metals, they may be drawn to invest in mining stocks.
The allure of making several times your money on an exploration company that hits a big strike can be tempting. Yes, a gold-silver producer (or an exploration stock) can sport larger gains during a bull run than the price of the underlying metal itself. This is part of a trade-off, because mining operations face all sorts of unique risks.
Read full article... Read full article...