Category: Gold and Silver 2015
The analysis published under this category are as follows.Wednesday, March 18, 2015
Double Bottom in Gold Price / Commodities / Gold and Silver 2015
With the Fed looking like it is wimping out on raising rates in June 2015 and the dollar index crashing back below 100 it looks like gold has bottomed and formed a double bottom.
Jan Hatzius of Goldman Sachs now sees the first rate hike in September and last year GS was talking about a March or June hike. The strength we have seen in the dollar these last few months was based on expectations of rate hikes by the Fed so I think the FX/Gold market could get pretty wild as expectations of these rate hikes by the Fed dissipate.
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Wednesday, March 18, 2015
Gold, Debt, Deflation and the U.S. Dollar / Commodities / Gold and Silver 2015
The markets have been very volatile. This has led to many questions and the most frequently asked questions follow...
Q. We're hearing a lot about deflation, but how bad is it?
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Wednesday, March 18, 2015
Gold Price Forecast to Double to Over $2,400 Per Ounce / Commodities / Gold and Silver 2015
- Gold price set to soar to new records in ‘Asian century’
- Gold price to double by 2030: ANZ
- Gold to exceed $2,400 per ounce
- Gold demand in Asia set to double
- “Greater demand from investors and central banks will see gold prices rise materially over the long-term”
- “Most of the time you don’t want to pay for it. But if you need it, you’re glad you have it”
Tuesday, March 17, 2015
The New London Gold Fixing / Commodities / Gold and Silver 2015
The Heart of the Gold Price - The "Fix"
The London Gold Fixing, the twice daily gold pricing mechanism at which the bulk of physical gold transactions take place is changing dramatically. In the past five London Based gold bullion banks on a direct telephone link to their clients established a price at which these transactions took place. This was an efficient way to establish an accurate price for gold deals done outside of the contracts used to supply the bulk of gold deals.
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Monday, March 16, 2015
Ireland’s Minister of Finance Dumps Stocks to Buy Gold / Commodities / Gold and Silver 2015
- Ireland’s Minister of Finance shifted personal wealth out of stocks and into gold
- Minister invested in SPDR Gold Shares ETF, Portuguese government bonds and other ETFs
- Maintained holdings in bank and agricultural commodities ETFs
- Gold ETF not a safe haven asset – much unappreciated counterparty risk
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Monday, March 16, 2015
Gold Trading Week Ahead - 16 March 2015 / Commodities / Gold and Silver 2015
Late last week gold managed to stem the recent losses as the dollar rally paused. An 8 day run of consecutive losses on gold came to an end on Thursday, not before posting a new 4 month low.
Last week we saw solid buying from our clients at the low US$1,150’s/oz levels.
Sunday, March 15, 2015
Gold And Silver - When Will Precious Metals Rally? Not In 2015 / Commodities / Gold and Silver 2015
If one addresses what is going on between China and the IMF, while keeping an eye on the Federal Reserve's fiat debt instrument, incorrectly called the "dollar," then the likelihood of a significant rally in gold and silver may not develop this year. Those believing the fiat "dollar" is on its currency deathbed and about to implode to its true intrinsic worth, zero, are not paying enough attention to realize that the elite's are still in control while in the process of merely switching horses: to China from the US.
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Saturday, March 14, 2015
Gold Price Short-Term Respite but Danger Looming / Commodities / Gold and Silver 2015
The precious metals sector is oversold and due for a bounce. Miners and metals have endured severe declines in recent weeks and are likely to rebound from the 2014 lows. The miners are just starting to rebound and the metals should follow. However, until proven otherwise this appears to be an oversold bounce that could last only a few weeks. Potential danger lies ahead before a sustained turnaround.
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Saturday, March 14, 2015
Gold Price Slumps as US Dollar Soars, What's Next? / Commodities / Gold and Silver 2015
Within weeks of the start of 2015, the Gold price had soared to nudge above $1,300 prompting many gold bugs to start proclaiming that the long anticipated resumption of the gold bull market had begun after a 3.5 year bear market. However, the gold price raally proved short lived as the January peak of $1,308 was followed by a relentless grind lower to $1,150, that is even lower than where Gold began the year at $1,183.
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Friday, March 13, 2015
Gold and Currency War Chaos / Commodities / Gold and Silver 2015
This week has been all about currencies, with a weak euro grabbing the headlines. At one point yesterday morning, the euro was 3% down from last Friday's close, hitting a 12-year low against the US dollar. The yen was also weak, challenging its multi-year low point established last December. However, there are signs that gold and silver are being accumulated in the futures markets, and at GoldMoney we have seen a pick-up in demand for physical gold this week.
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Friday, March 13, 2015
How Apple’s Gold Watch Will Keep the Bull Market Ticking / Commodities / Gold and Silver 2015
An interesting message hit the news wires around the world in late February. Among many others, Mining.com announced breathlessly, “Apple buying a third of world’s gold to meet demand for iWatch.” The text continued with:
Read full article... Read full article...Technology giant Apple may soon buy up one third of the world’s gold in order to meet the demands of its highly anticipated Apple Watch, according to reports. Interest in the high-end model, featuring 18-karat gold casing, is picking up and the firm is already taking the necessary steps to have enough of them in stock.
Friday, March 13, 2015
Gold Price Up 2% In Sterling, 11% in Euro As Single Currency Plunges / Commodities / Gold and Silver 2015
- Gold has risen 11% versus the euro in 2015
- Builds on 12% gains against the euro in 2014
- Sentiment poor despite reasonable performance
- Gold performing well considering significant gains in stocks and dollar
- Dollar centric view misleading
- Currency wars intensifying
- Complacency and hubris rife
Friday, March 13, 2015
On the Silver Highway / Commodities / Gold and Silver 2015
I’ll fly a starship across the Universe divide
And when I reach the other side
I'll find a place to rest my spirit if I can
Perhaps I may become a highwayman again
Or I may simply be a single drop of rain
But I will remain
And I'll be back again, and again and again and again and again. - The Highwayman
Friday, March 13, 2015
Gold Price Bull Market 2015 Annihilated by Strong U.S. Dollar / Commodities / Gold and Silver 2015
Within weeks of the start of 2015, the Gold price had soared to nudge above $1,300 prompting many gold bugs to start proclaiming that the long anticipated resumption of the gold bull market had begun after what had seemed like an never ending 3.5 year bear market that had contained many false dawns which had greatly demoralised many gold bugs and even worse for precious metal stock investors.
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Friday, March 13, 2015
Gold Sucks! / Commodities / Gold and Silver 2015
Ben Kramer-Miller, a fundamental gold stock analyst who I keep an eye on, recently had an article at SeekingAlpha called Gold’s Bull Run Has Not Yet Begun. I remember taking note of the title when it came out, but as is usually the case I did not have the time, nor the inclination to read it. I like to keep my own thoughts square and balanced and don’t need other peoples’ thoughts on gold clouding my own.
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Thursday, March 12, 2015
Silver Price Projection, U.S. Dollar Correction / Commodities / Gold and Silver 2015
Take the S&P Index and multiply by the US dollar index. This removes most of the currency variation. Do the same with silver. The chart of silver times the dollar looks very much like silver priced in euros.
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Thursday, March 12, 2015
Why You Should Listen to This Man About Gold / Commodities / Gold and Silver 2015
Would you like your advice from someone who has been successful or from someone who’s failed? I’d prefer to hear from a winner.
Now that the gold market has been mauled by a bear, we can sort out the pretenders from the contenders in the mining industry. After all, there’s nothing like a major down cycle to reveal which companies are run by people who know how to prepare for bad weather.
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Thursday, March 12, 2015
Simple Test to Determine if Gold Price Is at a Bottom / Commodities / Gold and Silver 2015
Gold investors have been through a nuclear winter, but the future looks bright as mining companies bask in the glow of lower costs, better exchange rates and a flurry of mergers and acquisitions. In this interview with The Gold Report, Tocqueville Asset Management fund managers Doug Groh and John Hathaway share the names of mid-cap companies that could emerge successfully and one truly contrarian play that could be a tenbagger if their forecasts are correct.
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Thursday, March 12, 2015
Gold Gives Back 2015 Gains, Drops Towards 2014 Low – What is Next? / Commodities / Gold and Silver 2015
Gold has given back all of its 2015 gains and is falling towards the November 2014 low of $1,130 today. This is a level not previously seen since early 2010.
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Wednesday, March 11, 2015
Gold and Silver Price Decline Continues / Commodities / Gold and Silver 2015
Briefly: In our opinion speculative short positions (full) in gold, silver and mining stocks are justified from the risk/reward perspective. We are keeping the stop-loss levels at their current levels, which means that we are effectively keeping some gains locked in and at the same time we're allowing the profits to increase.
Gold moved a little higher yesterday only to disappoint in the following part of the session. Gold stocks plunged without looking back. The decline continues - will it end soon?
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