Category: Gold and Silver Stocks 2015
The analysis published under this category are as follows.Friday, February 06, 2015
Gold Stocks Volume Growing / Commodities / Gold and Silver Stocks 2015
There’s no doubt the gold-mining stocks remain deeply out of favor, collateral damage from the Fed’s gross financial-market distortions of recent years. But sentiment is shifting, with stock traders starting to regain interest in this left-for-dead sector. Gold-stock trading volume is really growing as capital returns. And since higher volume is an essential precursor to major new uplegs, its growth is a very bullish portent.
The leading gold-stock sector benchmark these days is Van Eck Global’s Gold Miners ETF, which is better known by its symbol GDX. Its excellent basket of the world’s elite gold and silver miners, which are effectively market-capitalization weighted within this ETF, deftly mirrors the stock-market fortunes of this entire industry. And they’ve certainly been ugly thanks to the Fed’s artificial stock-market levitation.
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Friday, February 06, 2015
Gold & Gold Stocks Consolidate at Resistance / Commodities / Gold and Silver Stocks 2015
Gold and gold mining shares rebounded strongly from the end of December through the first three weeks of January. Over the past several weeks the sector has digested those gains while holding above rising 50-day moving averages. The sector is nearing a bit of a decision point where either a breakout could occur or further corrective activity.
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Thursday, February 05, 2015
HUI Gold Stocks Chartology... Past Present and Future / Commodities / Gold and Silver Stocks 2015
Today I would like to look at the precious metals complex and see how things are moving along. Consolidating would be an understatement. The PM complex has been in a very large consolidation pattern going all the way back to the June 2012 low where the HUI, GLD and SLV all bottomed together. From that low all three have been chopping in a falling type pattern making lower lows and lower highs. The combo chart below shows the three distinct but slightly different 18 month consolidation patterns starting at the June of 2013 low. The top chart shows the HUI that has yet to put in a 6th reversal point in it's big consolidation pattern. It doesn't have to have a 6th reversal point as it already has enough but if it does the top rail would come in around the 240 area.
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Wednesday, February 04, 2015
Gold GDX ETF Technical Analysis / Commodities / Gold and Silver Stocks 2015
The Market Vectors Gold Miners ETF (GDX) is an equity index that provides exposure to small, medium and large sized companies that generate most of their revenues from gold and/or silver mining. It is listed on the American Stock Exchange (AMEX) with price last trading at $22.45.
Let's take a top down approach beginning with the monthly chart.
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Friday, January 30, 2015
Kaminak Yukon Gold / Commodities / Gold and Silver Stocks 2015
It was in 1896 when prospectors stumbled across large quantities of gold in one of the tributaries of the Yukon’s Klondike River. Word of this discovery spread like wildfire. And in no time at all prospectors from far and wide set course to get a piece of the action. The aptly named Klondike Gold Rush ended up being one of legend!
Provocatively this legend was not entirely one of smashing success and untold riches though. Yes, there were some who cashed in, but it was ultimately one of endless frustration and failure. Gold fever ended up blinding folks to the reality of the Yukon’s harsh climate and challenging geography. And most of those who journeyed there were ill-equipped to deal with it.
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Tuesday, January 27, 2015
Gold and Silver Stocks Investing Basics / Commodities / Gold and Silver Stocks 2015
Investing in mining equities can get rather complicated but Heiko Ihle, managing director at H.C. Wainwright & Co., says precious metals equity investors need to focus on just three criteria: jurisdiction, management and asset viability. In this interview with The Gold Report, he explains his rationale and discusses several of his preferred gold and silver names.
The Gold Report: Do you have a price forecast for gold and silver for 2015?
Heiko Ihle: Our long-term prices for gold and silver are $1,200/oz and $17.50/oz, respectively. We recently lowered those prices from $1,300/oz and $20/oz given current market prices.
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Sunday, January 25, 2015
Gold Price Maintains Strength while Large Miners Reach Resistance / Commodities / Gold and Silver Stocks 2015
In recent days and weeks we noted key levels for Gold at $1250 as well as $1270-$1280. Over the past two weeks Gold easily cleared $1250 and continued to $1300. Today it is trading around $1290 and will close above its 80-week moving average for the second consecutive week. That last happened in late 2012. Gold continues to show strength and far more bullish than bearish signs.
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Thursday, January 22, 2015
Will Gold Price Break Out Once Again? / Commodities / Gold and Silver Stocks 2015
Briefly: In our opinion no speculative positions are currently justified from the risk/reward perspective. Being on the long side of the precious metals market with half of the long-term investment capital seems justified from the risk/reward perspective.
Gold rallied once again yesterday and so did silver and mining stocks. The question is if the rally is about to pause or end, since mining stocks are not really outperforming gold and the USD Index has just confirmed the breakout above the 2005 high.
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Tuesday, January 20, 2015
Is Market Sentiment Shifting to Gold? / Commodities / Gold and Silver Stocks 2015
Equities past their peak? Bond market dead? So where do investors go looking for returns? Eric Coffin suggests gold, both bullion and stocks. In this interview with The Gold Report, the publisher of Hard Rock Analyst explains how changes in the currency and energy markets have reignited interest in the sector, and suggests five gold explorers, plus one each in copper and uranium, poised to profit from the new economic realities.
The Gold Report: Quite a few analysts believe 2015 will be a year of great economic volatility, as foreshadowed by what happened with oil in 2014. Do you agree?
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Wednesday, January 14, 2015
GDX vs. SPY; Different This Time / Commodities / Gold and Silver Stocks 2015
The title is not meant to declare that this time gold stocks are going to exercise the excellent risk vs. reward stance vs. the US stock market. But it is meant to declare that the stimulus for the recent out performance is much healthier than it was last summer, during the last bounce.
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Tuesday, January 13, 2015
Suddenly, Not A Bad Environment For Gold Mining Stocks / Commodities / Gold and Silver Stocks 2015
A few years ago (when the world was very different) veteran mining analyst Jay Taylor told me something that seemed counterintuitive: Deflation can actually be a good thing for the gold and silver mining business — if the prices of mining inputs like oil fall faster than the price of precious metals.
In other words, it’s not inflation or deflation per se that matter, but the distribution of price trends. “With quantitative easing,” said Taylor, “the liquidity being pumped into the system has caused energy and labor costs to rise, which has more than offset higher precious metals prices. Historically, the miners have actually done better in a deflationary environment in which gold and silver are seen as monetary metals and the cost of getting them out of the ground declines due to lower energy and labor.”
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Tuesday, January 13, 2015
HUI Closes Strong – Gold Price Clears First Resistance Hurdle / Commodities / Gold and Silver Stocks 2015
Two quick charts to note some developments in gold.
The first is of the metal itself.
A couple of things worth mentioning. First of all is the CLOSING push past the 100 day moving average. That will attract the technical or chart-based trading funds. If they are short, they will cover; if not long, some will come in on a signal like this.
Secondly – the price closed above the first level of chart resistance noted down near the $1225 level or so. That is the best CLOSING price in over one month.
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Saturday, January 10, 2015
Top 5 Gold Stocks - January 2015 / Commodities / Gold and Silver Stocks 2015
The precious metals market isn’t really all about metals. Well, it sort of is but it is not ONLY about metals. Mining stocks are a significant part of the market and one that is very much interesting for gold and silver investors. In this commentary, we try to give you an idea why but we don’t stop there. We also discuss the 5 top gold stocks for January 2015 and let you know what might make a solid mining stock investment, in our opinion.
Mining stocks is the general name for the stocks of companies extracting metals. The term is pretty self-explanatory, companies that qualify to this category mine metals, not only precious metals but also ores like copper. From the perspective of a precious metals investor, the most interesting mining stocks are those linked to gold, silver, platinum and, possibly to a lesser extent, palladium. In these considerations we’ll apply the term “mining stocks” in this restricted form, and only to senior mining stocks.
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Friday, January 09, 2015
Gold Stocks Turning Up / Commodities / Gold and Silver Stocks 2015
The gold miners have seen impressive investor interest in their beaten-down stocks in this young new year, with capital inflows fueling a sharp rally. And this buying is likely just beginning, as major market changes are afoot that should catapult gold much higher. With gold stocks trading at fundamentally-absurd price levels relative to prevailing gold prices, this sector’s upside potential is vast and unequalled.
But after the gold miners suffered a miserable couple of years, it sure takes a contrarian to understand that. The leading gold-stock investment vehicle and metric is Van Eck Global’s Gold Miners ETF, which trades under the symbol GDX. It is an excellent well-constructed gold-stock benchmark that matches the traditional HUI gold-stock index very well. So it naturally reflected the extreme carnage ravaging this sector.
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Wednesday, January 07, 2015
Will the January Effect Give Gold and Silver Miners a Bounce? / Commodities / Gold and Silver Stocks 2015
The January Effect, the surge that small-cap companies may experience at the beginning of the year, goes back some seven decades. What will 2015 bring? The Gold Report talked to some experts to find out what they are expecting in the early days of the new year and which companies might be in position to take advantage. Most experts were optimistic about a bump, but some had some very interesting ways to profit from it.
Louis James, senior editor of the International Speculator, Casey Investment Alert and Conversations with Casey: We certainly had plenty of tax-loss selling, and I think most investors who know resources see the sector as close to bottom, so, yes, I do expect healthy January buying. I'd differentiate that by commodity, however, as bad economic news could push oil and copper further down, while pushing gold and silver up, and the January effect won't be enough to offset another sharp decline in industrial commodities.
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Tuesday, January 06, 2015
January Barometer Forecasting Strong Year for Junior Gold Miners in 2015 / Commodities / Gold and Silver Stocks 2015
There is an old market saying, “As January Goes so too the Year”. Tensions between Russia and the West continue to push precious metals higher, while the equity markets such as the Dow and S&P500 are crashing. Gold climbed back above the critical $1200 mark. Once again the Greek debacle is coming back to haunt markets as investors fear another decline in the Euro. The Dow was down over 300 points yesterday as investors are beginning to brace for uncertainty from a declining oil price pushed down to punish Putin and his friends.Read full article... Read full article...
Tuesday, January 06, 2015
Investing During the Era of Peak Gold Discoveries / Commodities / Gold and Silver Stocks 2015
We've hit peak economic gold discoveries, but unlike the new fracking technologies that saved the oil industry, there's no fracking technology to coax mineral wealth from ever-deeper deposits. In the face of this shortage, expert geologist Brent Cook of Exploration Insights is scouting out companies that are cashed up and poised to deliver value when other miners may be left scraping the bottom of the barrel. In this interview with The Gold Report, find out what Cook expects for gold exploration in 2015, and why the next few years are going to be very interesting indeed for yellow metal miners.
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Monday, January 05, 2015
Gold and Mining Stocks Refuse to Decline Despite Soaring US Dollar / Stock-Markets / Gold and Silver Stocks 2015
Briefly: In our opinion no speculative short positions in gold, silver and mining stocks are currently justified from the risk/reward perspective.
The USD Index soared much higher on Friday, well above the previous high. With the USD Index being so high, it seems odd that gold managed to close higher and the same went for mining stocks, which even outperformed the yellow metal. Is the rally in gold around the corner?
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Sunday, January 04, 2015
PHLX Gold/Silver Index (XAU) and Rare Earths ETF (REMX) Analysis / Commodities / Gold and Silver Stocks 2015
PHLX Gold/Silver Index (XAU) and Rare Earths ETF (REMX) Analysis
XAU
The Philadelphia Gold and Silver Index (XAU) consists of sixteen precious metals mining companies that is traded on the oldest stock exchange in the United States – the Philadelphia Stock Exchange which was purchased by NASDAQ in 2008. Price last traded at $70.51.
Let’s take a top down approach to the analysis beginning with the yearly chart.
Friday, January 02, 2015
Gold Stocks GDXJ Potential Upside Target 2015 / Commodities / Gold and Silver Stocks 2015
As 2015 begins I’d like to briefly follow up on my most recent article in which I discussed the oversold condition in the miners. Breadth indicators as well as technical indicators (such as distance from the 200-day moving average) showed the miners reaching an extreme oversold condition in November and nearly again only a few weeks ago. Miners essentially were at their third most oversold point since 2001. The other two were during the 2008 financial crisis and during Gold’s spring collapse in 2013. The current oversold condition combined with the failure of most indices to make new lows in December could be the setup for a first quarter rebound.
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