Category: Gold and Silver 2015
The analysis published under this category are as follows.Sunday, March 01, 2015
Gold Price Glimmer of Hope / Commodities / Gold and Silver 2015
As most of you who’ve followed me over the years already know, I’m not really expecting a final three year cycle low in the CRB until later in the year. However… there are a few signs popping up that could be indicating that 3 year cycle low is going to come earlier than expected. And by earlier I mean it may have already occurred.
First I want to talk a little bit about oil. I think everyone knows by now that the fundamentals for oil are completely broken, there is simply too much supply, and price will never be able to rise by any significant amount anytime in the near future. I’m starting to see outrageous predictions of $20 oil. However, that is exactly the kind of sentiment I would expect to see at a three year cycle low.
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Sunday, March 01, 2015
Gold CoT Improving, But ... / Commodities / Gold and Silver 2015
Gold's CoT data predictably improved again this week, but here I think some discussion is needed just in case it starts to get hyped too much.
Below is the CoT on an improving trend of Commercial short covering and large Speculator long reduction. Okay, that's good. But here is the part where the hype needs to be tuned out. The CoT tends to degrade (i.e. trend in a bearish direction during gold rallies) and improve (i.e. trend in a positive direction during gold corrections). The charts of CoT and gold below are set over the same 1 year time frames...
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Saturday, February 28, 2015
Gold And Silver Insanity Prevails; Precious Metals Without Direction / Commodities / Gold and Silver 2015
Insanity: Doing the same thing over and over and expecting a different result. – Albert Einstein.
From a perspective of logic, the world makes less and less sense as the elites relentlessly, and successfully pursue their one world government. There has been an increased awareness of the Rothschilds, elites, bankers, those who control all money, all Western governments, and we are not so sure about the rest of the world. Unfortunately, the greater awareness has done nothing to alter the inevitable course of dominance of the masses by the few. The New World Order [NWO] remains on schedule, based on results.
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Saturday, February 28, 2015
Are Gold Miners Leading Gold Price? / Commodities / Gold and Silver 2015
The miners will typically lead Gold at major turning points. We say typically because the trend in the relationship is hardly exact or precise. There can be times when the miners are simply showing their beta (not leading) and there can be times when the miners are leading but their leadership suddenly halts or reverses. The miners peaked five months before Gold and are now one month from the 4-year anniversary of their market. The time seems ripe for the miners to lead Gold into the next bull market.
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Friday, February 27, 2015
Gold and the Euro Tragedy, Iraq 3.0, Ukraine Conflict Three Ring Circus / Commodities / Gold and Silver 2015
A three ring circus is performing – to entertain and impoverish the western world.
Ring # 1: The Euro tragedy is “extending and pretending” into a Greek drama.
Ring # 2: Iraq 3.0 is in beta test mode based on weapons of mass propaganda.
Ring # 3: The conflict in Ukraine is performing flips followed by flops.
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Friday, February 27, 2015
Do You Have a Gold and Silver “Seatbelt”? / Commodities / Gold and Silver 2015
In just about every state, it’s the law that you must wear a seatbelt when driving down the road. Putting aside the question of whether the government should mandate this, most of us understand that the reasons for individually choosing to do so are valid.
It’s been a long time since I’ve been in an accident, but it’s a habit to buckle up every time I get into the car. I don’t look back at my most recent trip and think “Gee, so far nothing has happened. So why did I bother wearing my seatbelt for all those years?”
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Friday, February 27, 2015
Gold Bull Market Forecast - Money Will Rotate Into These Dead Investments / Commodities / Gold and Silver 2015
Seasoned investors understand that investments which are rocketing to new highs and all over the news will eventually fall out of favor and become a the poor performer, unwanted by market participants.
So it only makes sense that the underperforming investments will some day come back to life and provide opportunity once again. I covered this unique stage analysis in great detail in another report linked below.
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Thursday, February 26, 2015
Euro Issues Will Underpin Gold Prices / Commodities / Gold and Silver 2015
Harley Salt writes: The Greek Eurozone creditors that have been keeping Greece afloat since 2010 have extended the country’s bailout by four months however it is only the beginning from what we see as a number of key flash points facing the Eurozone which will in turn support the price of gold over the next 12 months.
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Wednesday, February 25, 2015
12 Reasons Why Barry Ritholtz and Many UK Experts Are Mistaken On Gold / Commodities / Gold and Silver 2015
Being involved in the fairly niche business of an international gold brokerage for nearly 12 years now, we find ourselves continuously engaged in conversation with people who demonstrate an incredible lack of understanding of the function of gold and the importance of gold as a DIVERSIFICATION and as a SAFE HAVEN asset.
This lack of understanding is not confined to the public but also prevalent with some financial experts. One example of this is one of the more vocal anti gold experts in recent months – leading Bloomberg columnist Barry Ritholtz.
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Wednesday, February 25, 2015
Gold and Debt: Astonishing Comparisons / Commodities / Gold and Silver 2015
Debt and budgets in the trillions of dollars and euros are difficult to comprehend. The US budget is nearly $4 Trillion per year while the US official national debt exceeds $18 Trillion. A single large bank may hold contracts for more than $50 Trillion in derivative contracts. Global debt is approximately $200 Trillion.
Let’s relate those numbers to gold prices, gold mined each year, and gold mined throughout history.
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Tuesday, February 24, 2015
Gold: The Good, Bad, and Truly Ugly / Commodities / Gold and Silver 2015
THE GOLD STANDARD: Although it may be unrealistically optimistic, I believe my paraphrase of a Churchill quote:
“Central Bankers will eventually do the right thing and return to a gold standard after they have exhausted all other alternatives.”
While central bankers are exhausting all other alternatives, I worry about the collateral damage to 90% of the population who are not first in line on the fiat money gravy train that benefits the financial and political elite.
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Tuesday, February 24, 2015
Eurozone Gold Holdings Increase to 10,792 Tonnes As “Reserve of Safety” Amidst Crisis / Commodities / Gold and Silver 2015
The Euro zone raised its gold holdings by 7.437 tonnes to 10,791.885 tonnes in January, International Monetary Fund data released overnight showed.
The rise in gold holdings was small in tonnage terms and in percentage terms – especially when viewed in the light of the recently launched ECB’s EUR 1 trillion QE monetary experiment.
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Tuesday, February 24, 2015
Is Gold Investing Risk Free? / Commodities / Gold and Silver 2015
I’ve long argued that there may not be any safe asset anymore and that investors may want to take a diversified approach to something as mundane as cash. But what about gold? When I mentioned in a recent interview that not even gold is ‘risk free,’ it raised some eyebrows in the gold community. Let me elaborate.
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Tuesday, February 24, 2015
The Bull Case For Gold Price 2015, and the Bear / Commodities / Gold and Silver 2015
There are many opposing views as to what will drive the price of gold this year and in which direction. We will discuss these views and the major factors that have contributed to their formation. Gold is a function of monetary policy just as currencies are, so we will cover on the actions and current stance of major central banks with a heavy focus on the Fed and the US economy. We currently hold the view that the Fed will hike this year and that this will drive gold to new lows before the end of 2015.
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Tuesday, February 24, 2015
Gold Price Just Needs More Time / Commodities / Gold and Silver 2015
The Gold market appears to be in reverse gear at present. It’s at fresh 6 week lows with a 2nd Daily Cycle that continues to wind lower, and is showing nothing that’s at all positive. Gold is trading very lethargically, and is uninteresting from most perspectives.
Assets move higher or lower in direct relation to the sentiment of traders and investors. And sentiment swings like a pendulum, from bullish to bearish and then back again. Sentiment is the primary driver of demand, with greater buyer engagement – both in numbers and enthusiasm – required to drive prices higher. Unfortunately for Gold bulls, it appears that the sentiment pendulum has already peaked, and is heading back toward bearish lows. We see this clearly in the COT reports, with traders continuing to shift from net Long to net Short positions. The report’s actual survey data confirms that sentiment for the current Investor Cycle has topped, and is now in decline.
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Monday, February 23, 2015
Gold Price Downtrend Looks Set to Continue / Commodities / Gold and Silver 2015
The reaction back by gold over the past month was preceded by an explosion in Commercial short and Large Spec long positions. On gold's 6-month chart we can see that this reaction has been quite deep, and that it has taken the price back down below the neckline of a potential Head-and-Shoulders bottom pattern, where it should have found support and turned up again. The fact that it didn't is a negative development, that opens up the risk of a retreat back to the vicinity of the lows, although as it is short-term oversold here and on a support level, it could bounce first, then head lower. Moving averages are in a potentially strongly bearish configuration on a medium-term basis, as the 50-day is rolling over beneath a still falling 200-day.
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Monday, February 23, 2015
Silver Price Depressing Downtrend Will Eventually End / Commodities / Gold and Silver 2015
Following the recent explosion in Commercial short and Large Spec long positions in silver, followed by a breakdown below the neckline of a potential Head-and-Shoulders bottom, the outlook for silver is bearish, with the metal stuck in a stubborn downtrend.
On its 6-month chart we can see how its advance early in the year hit a wall at its falling 200-day moving average, when Commercial short positions exploded, as we noted at the time on the site, and it has since reacted back, and with it failing to stabilize at the support at the neckline of the potential Head-and-Shoulders bottom, the medium-term outlook is bleak, which will not be changed by any bounces occasioned by the fact that it is now short-term oversold.
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Monday, February 23, 2015
Gold Weekly COTs and More / Commodities / Gold and Silver 2015
Fading Greece concerns were a tough headwind for the yellow metal this week and it certainly had a negative impact on the intermediate-term chart.
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Saturday, February 21, 2015
Gold And Silver – Banker’s Grip On Precious Metals Not Over! / Commodities / Gold and Silver 2015
To leave the EU or not to leave the EU, that is the question? Pick any hour, and you will have an answer that is good until the next hour passes. While there have been cheers and encouragement for what the newly elected Syriza party has been telling the EU, that no more debt enslavement will work for Greek citizens, it could very well turn out that Greece’s Prime Minister Alexis Tsipras and his Minister of Finance Yanis Varoufakis are waiting for the best deal for themselves before ensuring that Greek citizens remain so enslaved. It is extremely difficult to fight the elite’s system and win.
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Friday, February 20, 2015
Gold Bides Time – Massive Complacency Regarding Ukraine, Greece and Debt Crisis / Commodities / Gold and Silver 2015
* Greek Bank Runs Accelerate as Possible ‘Grexit’ Looms
* Fatigue with Greek Crisis Breeding Massive Complacency
* Government in Kiev Forced to Take Diplomatic Approach
* Ukraine a Significant Setback for NATO
* Regional War in Eastern Europe Averted for the Moment
* Middle East, Israel and Iran Timebomb Ticking
* India Demand To Rise To 35 – 40 Tonnes This Month
* Gold Oversold – Fundamental and Technical Position Good