Category: Gold and Silver 2016
The analysis published under this category are as follows.Wednesday, October 26, 2016
Silver Prices in an Exponential Financial System / Commodities / Gold and Silver 2016
Our financial systems create exponential increases in:
- Debt
- Prices for stocks
- Prices for commodities
- Currency in circulation
- Prices for gold and silver
Monday, October 24, 2016
This Past Week in Gold / Commodities / Gold and Silver 2016
Technical analyst Jack Chan charts recent movements in the gold and silver markets. With COT data showing signs of a bottom, Chan is waiting for price action to confirm.
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Monday, October 24, 2016
Can Gold Continue To Rise, Since The Usd Is Moving Higher Too? / Commodities / Gold and Silver 2016
That question and other ones similar to it keep coming up lately and understandably so. Gold usually drops when the USD rises, but lately we do see both rising at the same time. I called a low in Gold recently and have been trading in the Precious Metals sector, but some are having a hard time believing it when they see the USD rising too. Allow me to share my thoughts on this. The following 4 charts are from the weekend report, where I tried to help my readers see the answer that question.
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Saturday, October 22, 2016
Will a Rising US Dollar Crush Gold’s Fledgling Bull? / Commodities / Gold and Silver 2016
Gold and gold stocks have stabilized after forming a short-term low and even held up well while the US$ index pushed to an 8-month high. Conventional wisdom would tell us with the US$ index nearing a major breakout, Gold and gold stocks would be vulnerable to further losses. However, many astute analysts and traders believe that Gold and the US$ index can rise together and we note that the trend in the US$ index while important, is not the primary driver of Gold. Ultimately, as long as Gold’s fundamental driver, declining or negative real rates remain in place, then the fledgling bull market will remain on track.
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Saturday, October 22, 2016
GLD Bleeds Out; Weekly Gold Update / Commodities / Gold and Silver 2016
The one factor that gold bulls have had going in their favor during the recent selloff that occurred in gold and the gold mining shares in this month of October, has been the stellar performance of the reported holdings in the gigantic gold ETF, GLD. It has held rock steady in spite of the carnage witnessed, especially in the mining shares, even as the US Dollar has turned strongly bullish on the technical price charts. It has been a point of solace among the bulls to be able to see the resolve of some of their large sponsors holding firm in GLD.
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Friday, October 21, 2016
The Final Bottom in Gold - WHEN / Commodities / Gold and Silver 2016
The big decline in the precious metals appears to already be underway (even though we are in a short-term corrective upswing) and it seems that gold will move much lower in the coming months even though it’s likely to move higher in the coming days. The big decline remains to be the most important development for gold and silver investors. Why? Because this decline’s end is likely to present the ultimate buying opportunity for precious metals and for mining stocks.
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Friday, October 21, 2016
Gold Green Lights Upleg / Commodities / Gold and Silver 2016
Gold’s early-October plunge on futures speculators’ stop losses being run has naturally left this metal mired in battered technicals and bearish sentiment. But that sharp selloff has already accomplished its rebalancing mission. The excessive gold-futures trading positions that triggered that stop running have already reversed, and the investors fueling gold’s bull are starting to buy again. Gold is green lighting its next upleg.
Gold’s price action in recent years has been overwhelmingly dominated by just two groups of traders. Gold-futures speculators effectively control gold’s short-term behavior, as futures’ extreme inherent leverage gives their capital wildly-outsized influence. And investors, specifically American stock investors buying and selling shares in the flagship GLD SPDR Gold Shares gold ETF, have commanded gold’s longer-term moves.
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Friday, October 21, 2016
Demand for US Mints Silver Eagles has ‘Returned with a Vengeance’ / Commodities / Gold and Silver 2016
As gold and silver step back slightly to sit and wait for US economic data to be released later today we bring you news of the US Mint Silver Eagle demand that has ‘Returned with a Vengeance’ as reported by silverseek.com.
Last month it seemed some of the heat had come out of the US Mint Silver market when sales had failed to maintain the momentum seen in the first five months of the year when between 5.9m and 4 million coins had been sold each month.
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Friday, October 21, 2016
Quantitative Easing, Helicopter Money and Gold / Commodities / Gold and Silver 2016
To properly understand helicopter money and its potential effects for the gold market, it is necessary to analyze differences between it and quantitative easing. In some senses, both tools are similar as they support the government budget. Some analysts even call quantitative easing in ‘helicopter money in disguise’. However, there are a few important differences between these two monetary policies, as one can see in the table below.
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Friday, October 21, 2016
Preparing for Post-Election US Social Unrest / Commodities / Gold and Silver 2016
By Stefan Gleason : The 2016 election year is bringing out the worst among some elements of society. From vandalism to physical assaults to large scale race riots to terrorist bombings and mall stabbings, social disorder has become a more prominent feature of life in a polarized America.
It’s easy (and politically convenient) for the establishment media to blame Donald Trump for inflaming the political divide. In reality, Trump supporters have far more often been the victims rather than the instigators of political violence.
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Thursday, October 20, 2016
Gold Bull Market Still Intact, But... / Commodities / Gold and Silver 2016
The gold bull market is still very much intact. In fact, it appears that the all-time high could be taken out real soon.
However, on the chart there is an obstacle that the gold price has to overcome. Another failure at this obstacle, and we could have a bigger drop than the one of a few weeks ago.
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Wednesday, October 19, 2016
Gold doesn’t care who wins the US Election / Commodities / Gold and Silver 2016
Founder, USAGOLD and author of The ABCs of Gold Investing – How to Protect and Build Your Wealth with Gold
“Gold prices have enjoyed a hefty climb so far this year as the market continues to guess the pace and timing of the next U.S. interest-rate hike, but the battle for the U.S. presidency is set to take center stage as Election Day nears. And it doesn’t matter if Republican Party nominee Donald Trump or Democratic Party nominee Hillary Clinton moves on to be the next president of the United States—gold is likely to come out a winner, George Milling-Stanley, head of gold investment strategy at State Street Global Advisors.” –– Myra Saefong/MarketWatch/10-19-2016
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Wednesday, October 19, 2016
Attention Please: Phase Two of the Gold and Silver Train Now leaving the Station. All Aboard? / Commodities / Gold and Silver 2016
Phase One began in January 2016, and slowed down from July until early October. (Charts in this commentary are courtesy Stockcharts.com, unless indicated).
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Wednesday, October 19, 2016
GDX Gold Stocks Chart of the Day / Commodities / Gold and Silver 2016
GDX has now completed a weekly swing barring a complete reversal the rest of the week. This deep into an intermediate decline a swing stacks the odds heavily in favor of the correction being over. The metals should now rally for the next 3-4 months.
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Wednesday, October 19, 2016
How Will the Election Outcome Impact Precious Metals? / Commodities / Gold and Silver 2016
By Clint Siegner writes: Metals investors wonder what this presidential election will mean for gold and silver markets. Since Nixon closed the gold window in 1971 and the years of price inflation that followed, presidents have largely ignored gold, the Federal Reserve, and other issues related to sound money. Today, the devaluation of the Federal Reserve Note – the explosion of debt and the eternal deficits which enrich bankers and the political class at the expense of the rest of us – is getting harder to ignore.Read full article... Read full article...
Tuesday, October 18, 2016
Silver Price Discovery – It’s Still a Fixing / Commodities / Gold and Silver 2016
Absurdities continue in the world of derivative or electronic or paper silver. In what will someday be viewed as the monumental public relations miracle that it is, the silver fix has been transplanted into just another body riddled with cancer.
Below I’ve collected and commented on one of the most prevalent stories characterizing the announcement.
The essence of this is moderately transparent. The banks need to avoid more public relations disasters. They are certainly in for enough as it is.
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Tuesday, October 18, 2016
Silver, Debt, and Deficits – From an Election Year Perspective / Commodities / Gold and Silver 2016
It is an election year. We should anticipate 8 years of upcoming trauma, following nearly 8 years of “hope and change,” after 8 years of “no nation building,” after 8 years of “I did not have sexual relations with that woman.”
Examine the official US national debt in 8 fiscal year increments (10/1/84 – 9/30/92 etc.) using linear and log scales.
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Monday, October 17, 2016
This Past Week in Gold and Silver / Commodities / Gold and Silver 2016
Technical analyst Jack Chan charts the latest moves in gold and silver markets, noting COT data is showing signs of a bottom.
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Monday, October 17, 2016
December Might Be the Next Buying Opportunity in Gold / Commodities / Gold and Silver 2016
By Jake Weber, Garret/Galland Research
There’s no doubt gold has had a good run in 2016. Its recent selloff has caused it to give up most of its post-Brexit gain. Still, the yellow metal is up nearly 20% on the year. And a new buying opportunity may be on the horizon.
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Monday, October 17, 2016
Gold Prices Set For Further Losses Amid Rising Rate Hike Likelihood / Commodities / Gold and Silver 2016
After briefly crossing back below the critical $1250 per troy ounce level again on Friday, gold are once again poised to experience an extended period of losses on the back of rate hike speculation. Even though Wall Street was not pleased by the latest jobs figures reported earlier in the month, expectations are for inflation to continue trending higher, adding to the case for the Federal Reserve to raise rates in December. While there are still significant developments that could derail the possibility between now and November, namely another slowdown in US fundamentals, the external risk factors that emerged over the summer have since tapered. The US dollar continues to reflect this sentiment, increasing the probability of tighter monetary policy and improving opportunities in fixed income investments, reducing the value of holding gold as a hedge.
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