Category: Gold and Silver 2016
The analysis published under this category are as follows.Tuesday, August 30, 2016
Stagflation to Force People into Gold / Commodities / Gold and Silver 2016
Mike Gleason: It is my privilege now to be joined by Michael Pento, president and founder of Pento Portfolio Strategies and author of the book The Coming Bond Market Collapse: How to Survive the Demise of the US Debt Market. Michael is a money manager who ascribes to the Austrian school of economics and has been a regular guest on CNBC, Bloomberg, and Fox Business News, among others.
Michael, it's good to talk to you again. Thanks very much for joining us today and welcome back.
Michael Pento: Thanks for having me back on.
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Tuesday, August 30, 2016
Late-August Calm a Breeding Ground for Gold Bullion Bank Shenanigans / Commodities / Gold and Silver 2016
Precious metals specialist discusses the recent correction in the gold market and the moves by bullion banks behind them.
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Tuesday, August 30, 2016
Correction in Gold and Silver Price Underway / Commodities / Gold and Silver 2016
Technical analyst Jack Chan charts a correction in the gold and silver markets and plots his investment strategy.
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Saturday, August 27, 2016
Ignore Yellen and Buy the Dip in Precious Metals / Commodities / Gold and Silver 2016
Investors worldwide have been on pins and needles in eager anticipation of a speech from our economic overlords. Friday morning FED chair Yellen finally opened her mouth and said a whole lot of nothing.
Markets didn’t know exactly how to react to her nothingness. Stocks were up and then down. Gold was down and then up. The USD index plunged and then rallied nearly 1%. Will the FED raise rates in 2016 or not? The drama continues as Yellen of Oz pulls the levers behind the curtain.
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Saturday, August 27, 2016
The Precious Metals Sector and the Fed. . . / Commodities / Gold and Silver 2016
Technical analyst Clive Maund reflects on how Federal Reserve statements may affect markets, and explains why he thinks the precious metals markets are due for a correction.
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Friday, August 26, 2016
Buy Gold’s August Dip? Gold’s Monthly Sweet Spot In September / Commodities / Gold and Silver 2016
Gold bullion has had its biggest gains in September over the past 20 years. Seasonally gold is entering the sweet spot with the Autumn being gold’s best season and with September being gold’s best month in the last 20 years.
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Friday, August 26, 2016
The Impact of Brexit on the U.S. Economy and Gold Market / Commodities / Gold and Silver 2016
In the previous edition of the Market Overview, we analyzed briefly the consequences of Brexit vote. We stated that “the most important economic effect of the Brexit vote is so far a significant rise in uncertainty”. It applies particularly to the political future of Great Britain (Will the UK disintegrate? Will the UK really exit from the EU? When and how will it happen?) and the European Union (Will the EU break apart?). However, Brexit could also hurt the U.S. economy. This is why we would like to focus on the impact of Brexit on the U.S. economy and the gold market.
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Friday, August 26, 2016
The GLD vs GOLD / Commodities / Gold and Silver 2016
The case for owning precious metals has already been made. We live in a world of unprecedented and ever expanding debt, devaluing fiat currencies and negative interest rates. Even Wall Street’s heralded “Bond King”, Bill Gross, now admits the world will continue to have difficulty paying its debts without further price inflations.
Investors wisely seeking exposure to precious metals must deliberate between the convenience of buying shares of an electronically traded fund (ETF) and the ultimate security of owning physical gold and silver bullion. We tasked ourselves to take a closer look at each to understand their important distinctions.
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Friday, August 26, 2016
Gold Futures See Massive $1.5 Billion “Non Profit” Liquidation In “One Minute” / Commodities / Gold and Silver 2016
Gold futures saw a massive $1.5 billion liquidation in one minute yesterday which had all the hallmarks of a “non profit” liquidation – a large seller trying to manipulate gold futures lower rather than maximise profits.
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Thursday, August 25, 2016
Need-to-Know Tips for Safeguarding Your Precious Metals / Commodities / Gold and Silver 2016
Gold and silver investors have strong opinions about third-party storage of metals. Privacy, the lack of counterparty risk, and precious metals’ role as “crisis money” are among the most attractive features of physical bullion. So it is no surprise that many investors are totally committed to storing metals at home or someplace else that is both private and accessible 24/7.
We wholeheartedly agree with that sentiment and always recommend personal possession when it comes to at least some of your metals. However, there are a number of circumstances where third-party storage makes a heck of a lot of sense. Let’s take a look at the most common…
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Wednesday, August 24, 2016
Precious Metals and Financial Blasphemy, Part 2 / Commodities / Gold and Silver 2016
Fiat money does not have any intrinsic value. What value it has depends on public confidence in the currency's issuer. Legal tender is any currency declared legal by a government. Many governments issue a fiat currency and then make it legal tender by setting it as the standard for repaying debt. – “Investopedia”
Hedging against a currency collapse is one of the primary reasons to hold precious metals is physical form.
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Tuesday, August 23, 2016
Suspicious Reversal in Gold Price / Commodities / Gold and Silver 2016
Gold moved lower early during yesterday's session, but came back up later on and finally gold ended the session only less than $3 lower. Can we view such a reversal as a bullish sign? Not necessarily – a reversal should be confirmed by high volume and yesterday's session wasn't. Consequently, one needs to look at other parts of the precious metals sector for confirmations.
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Tuesday, August 23, 2016
Germans Warned To ‘Stockpile’ Food, Water and Cash In Case Of ‘War’ / Commodities / Gold and Silver 2016
The German government is warning its people to ‘stockpile’ food, water and cash in case of ‘war’.
For the first time since the end of the Cold War, the German government is set to tell citizens to stockpile food, water, medicine, fuel and cash in case of war, an attack, catastrophe or “national emergency”, the Frankfurter Allgemeine Sonntagszeitung newspaper reported on Sunday.
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Tuesday, August 23, 2016
Gerald Celente Sees Worst Market Crash, New Military Conflict, Gold Spike to $2,000/oz / Commodities / Gold and Silver 2016
Welcome to this week’s Market Wrap Podcast, I’m Mike Gleason.
Coming up we’ll hear from Gerald Celente of the Trends Journal. Gerald has some extremely interesting comments on the upcoming presidential election, the bizarre disconnect between some dismal economic reports and the roaring stock market, and the key level he’s looking for for gold to break through on its way to new all-time highs. Don’t miss our interview with the outspoken Gerald Celente coming up after this week’s market update.
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Tuesday, August 23, 2016
China Announces New Loan In International Reserve Asset…Which May Affect Gold Price / Commodities / Gold and Silver 2016
The People’s Bank of China (PBOC) has received approval from the World Bank allowing its’ issuance of bonds which are denominated in Special Drawing Rights (SDRs). The World Bank is the first entity to approve of it and consequently marks the launch of the SDR bond market of the worlds’ second-largest economy.
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Tuesday, August 23, 2016
Gold, Silver, Miners: One More Rally Left? / Commodities / Gold and Silver 2016
The charts below of GLD and GDX show remarkable differences, at the same time there are similarities. GDX is coming into the 22 TD low due August 24 and we have Mercury Stationary/Retrograde due August 30. In the past, Mercury Stationary/Retrograde has marked an important top within a 2 trading day range of the actual date. In May of this year, it topped right on the exact date, May 2nd.
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Tuesday, August 23, 2016
“A Date Which Will Live in Infamy:” President Nixon’s Decision to Abandon the Gold Standard / Commodities / Gold and Silver 2016
Franklin Delano Roosevelt called the Japanese “surprise” attack on the U.S. occupied territory of Hawaii and its naval base Pearl Harbor, “A Date Which Will Live in Infamy.” Similar words should be used for President Nixon’s draconian decision 45 years ago this month that removed America from the last vestiges of the gold standard.
On August 15, 1971 in a televised address to the nation outlining a new economic policy entitled, “The Challenge of Peace,” Nixon instructed the Treasury Department “to take the action necessary to defend the dollar against the speculators.”*
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Monday, August 22, 2016
Precious Metals and Financial Blasphemy, Part 1 / Commodities / Gold and Silver 2016
“...legitimate powers of government reach actions only, & not opinions, I contemplate with sovereign reverence that act of the whole American people which declared that their legislature should 'make no law respecting an establishment of religion, or prohibiting the free exercise thereof,' thus building a wall of separation between Church & State. Adhering to this expression of the supreme will of the nation in behalf of the rights of conscience, I shall see with sincere satisfaction the progress of those sentiments which tend to restore to man all his natural rights, convinced he has no natural right in opposition to his social duties.” ― Thomas Jefferson, Letters of Thomas Jefferson
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Sunday, August 21, 2016
Another Billionaire Goes All In On The “Barbarous Relic” Gold While Mainstream Media Remains Silent / Commodities / Gold and Silver 2016
Billionaire Crispin Odey recently released a management letter to his hedge fund clients praising gold and explaining gold products constituted the next, great investment wave.
He is yet another in a wave of billionaires who have all, suddenly, been moving massive portions of their portfolio into gold… with one of the latest being George Soros, who moved a significant amount of his portfolio into gold just a few months ago.
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Sunday, August 21, 2016
Precious Metals Markets : Zoom Out / Commodities / Gold and Silver 2016
When looking at the short term minute charts things look very volatile in the precious metals complex but the further you look back in time the less volatile the price action becomes. If one is a day trader then the minute charts are the ones to focus in on but if you’re an intermediate term trader perspective is everything.
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