Category: Gold and Silver 2016
The analysis published under this category are as follows.Wednesday, July 20, 2016
Gold Daily Cycle Low Still Several Days Away / Commodities / Gold and Silver 2016
Some analysts were expecting gold to form an early Daily Cycle Low. I’ve been warning that gold needs to break the cycle trend line before the DCL can bottom and to beware of a fake out. It turns out I was correct to be patient. I doubt gold will form the DCL until right before, or on the FOMC statement next week. More patience.
Read full article... Read full article...
Tuesday, July 19, 2016
Climbing Gold and Silver’s Wall of Worry / Commodities / Gold and Silver 2016
Confidence is slippery, even when you are a metals investor sitting atop the best performing assets of 2016. It doesn’t help when 4 years of a miserable bear market remains fresh in our memories. Any weakness in prices and it can feel like markets are getting ready to plunge right back to $13 silver and $1,000 gold.
That feeling is called the “Wall of Worry”, and bulls are going to have to climb it by staying in the market even if their emotions are telling them to bail. Let’s review the last 6 weeks because they are quite instructional.
Read full article... Read full article...
Tuesday, July 19, 2016
Ups and Downs in Gold and Crude Oil Price / Commodities / Gold and Silver 2016
Technical analyst Jack Chan charts a major buy signal in oil and a possible correction in gold.
Read full article... Read full article...
Monday, July 18, 2016
From Gold Chains for Men to Gold Reserves: Who has All of the Gold? / Commodities / Gold and Silver 2016
Karus Chains writes: At Karus Chains we love to write about anything associated with gold chains for men and what could be more central to gold chains than gold itself.
So we asked the question- who owns most of the gold? Of course an open question like this will only throw up more questions.
Should we look at the countries that mine the most gold, or the countries that buy the most gold?
Read full article... Read full article...
Saturday, July 16, 2016
Gold And Silver – NWO-Created Tragedies Will Never End, Seek Truth / Commodities / Gold and Silver 2016
Nice, France weighs heavily and brings home the point, tomorrow is promised to no one.
The tragic mass-killing of Bastille Day celebrants in Nice, France may not have been a planned terrorist attack, but its consequences are no less extremely sad and equally infuriating. We heard about comments made from neighbors of the truck driver that he was not that religious, was undergoing a divorce and was not handling it very well and apparently snapped.
It matters not if that explanation makes sense in the wake of a senseless act of running over a hundred or so people, killing around 84, including children. The man was shot dead by police, so little else will ever be directly known from the Tunisian known mostly for petty criminal acts but no known terrorist affiliations.
Read full article... Read full article...
Friday, July 15, 2016
Gold’s Record Selling Overhang / Commodities / Gold and Silver 2016
Gold’s mighty new bull market this year has been amazing, the result of heavy buying by investors and speculators alike. But these latter traders have pumped so much capital into gold futures that this metal now faces a record selling overhang. Since the hyper-leveraged nature of futures trading demands an ultra-short-term focus, speculators’ excessive bullish bets on gold pose major near-term downside risks.
Gold’s price trends are overwhelmingly dominated by global investment demand. Even though it has only accounted for about 1/5th of total demand in recent years, investment is wildly variable. With the rest of gold demand relatively stable, it is fluctuating investment demand that ultimately sets gold prices at the margin. Gold’s young bull in 2016 is largely the result of an influx of massive investment buying.
Read full article... Read full article...
Friday, July 15, 2016
Gold Price Could Hit $5,000 or Even $10,000 in a Few Years / Commodities / Gold and Silver 2016
BY JARED DILLIAN : You have to be careful writing about gold.
You come out in favor of gold and you get maligned as some kind of doomsday-prepping, knuckle-dragging wingnut. Then you never get to go on TV. They don’t invite the crazy gold guys on TV.
I’ve been long gold since 2005. Rode it all the way down from 2011 to 2016. If you ride something down 45%, you are a moron. I’ll own it. I am a moron. I actually had a pretty good idea that there would be a correction in 2011, but I vastly underestimated how severe it would be.
Read full article... Read full article...
Friday, July 15, 2016
The Curious Case of Vanishing Lady Liberty; Only Gold and Silver Remember Her / Commodities / Gold and Silver 2016
The very first word anyone ever saw on a circulating United States coin was the word “LIBERTY.”
From half-cents to silver dollars, each featured the likeness of an unnamed woman. The images varied, thanks to different engravers, but together they became recognized as Lady Liberty.
Read full article... Read full article...
Thursday, July 14, 2016
Silver Bear Market Looks to Be Over…or Not? / Commodities / Gold and Silver 2016
Since the Brexit vote, we have seen some interesting price action unfold with various assets. With global/Euroland uncertainty, investors have been flocking to what they feel are the safe havens until things get sorted out overseas.
Typically, precious metals and the Dollar Index move in opposite directions. This means that if the dollar rises, metals fall in value. But since the Brexit vote, investors are piling their money into what they feel is the safe place for them to store capital. These are: US Dollars, Silver, Gold, Mining Stocks, Bonds and even US equities.
Read full article... Read full article...
Thursday, July 14, 2016
This Confirms The Continuation Of Silver’s Rally / Commodities / Gold and Silver 2016
On the silver chart, is a classical major reversal pattern referred to as a Head and Shoulders Bottom. Major reversal patterns form after a downtrend, and its formation normally confirms a change in trend. Below, is a silver chart (all charts from tradingview.com), with the pattern highlighted:
Read full article... Read full article...
Wednesday, July 13, 2016
Silver Appears Overbought, But Long-Term Outlook Good / Commodities / Gold and Silver 2016
The long-term outlook for silver is very positive indeed, but over the short to medium term it looks set to react, says technical analyst Clive Maund.
Read full article... Read full article...
Tuesday, July 12, 2016
Gold Bull Confirmed: What's Next? / Commodities / Gold and Silver 2016
Technical analyst Jack Chan confirms a bull market for gold and lays out his investment strategy.
Read full article... Read full article...
Monday, July 11, 2016
Gold - Wonderland / Commodities / Gold and Silver 2016
“If I had a world of my own, everything would be nonsense. Nothing would be what it is, because everything would be what it isn’t. And contrary wise, what is, it wouldn’t be. And what it wouldn’t be, it would. You see?” –Alice in Wonderland
Silver out performs gold as both rise with Treasury bonds, which are in turn rising with stocks, as Junk bonds hit new recovery highs while USD remains firm as inflation expectations are out of the picture. This is highly atypical, maybe even unprecedented.
Read full article... Read full article...
Monday, July 11, 2016
Gold And Silver – Be Afraid, At The Very Least Be Wary / Commodities / Gold and Silver 2016
BREXIT opened a Pandora's Box for the EU. Will the globalists shut it closed and then reseal it for generations to come? Something may be rotten in the state of Denmark, but the stench emitting from Brussels has been overpowering Europe. People in the Western world are being manipulated each and every day by the elite's mainstream press with everything that can be construed as potentially negative that stems from BREXIT as a scapegoat.
The world is drowning in debt created by the central bankers and force-fed to states like a goose being fattened for foie gras. Always, always follow the money. Almost everything wrong in the world today can be traced to debt, debt that has been foisted upon states and people by bankers for the sole purpose of enriching only the shadow globalists. At the end of the day, the tab gets passed onto everyone else to pay. That is the sole purpose of the bail-outs and bail-ins. Nothing else, not even you, matters to the elites.
Read full article... Read full article...
Monday, July 11, 2016
Repeat Of 70s Pattern Shows That Silver $675 Price Is Realistic / Commodities / Gold and Silver 2016
In my previous silver article, I highlighted a very bullish pattern/fractal on the 100-year silver chart. It was a very big picture view of silver, which is really difficult to perceive within our current reality. However, at some point in time, it will catch up with our current reality. This will likely happen when the monetary system collapses.
Silver, even more than gold, is the opposite of what is considered a monetary asset (debt, like a federal reserve note), today. This is mainly because silver has been completely demonetized, whereas gold is still a part of the current system (think central banks gold reserves). When the illusion of money (value) is exposed for what it is (worthless paper or digits), then people will demand real money (value) like silver and gold.
Read full article... Read full article...
Monday, July 11, 2016
Silver COT update / Commodities / Gold and Silver 2016
This one will be brief…
Let’s stat with the overall NET POSITIONS chart:
Read full article... Read full article...
Sunday, July 10, 2016
Gold and US Dollar Trend Forecasts / Commodities / Gold and Silver 2016
While I’m expecting some kind of pullback at the $1390-$1400 level, I don’t think gold’s intermediate cycle will top until at least retracing the 50% Fibonacci level and probably back to $1550 by September. This will almost certainly be driven by an aggressive moved down in the US Dollar as it really starts to accelerate into the next 3 year cycle low due sometime net summer or fall.
Read full article... Read full article...
Sunday, July 10, 2016
The Big Silver Long - What Gives? / Commodities / Gold and Silver 2016
As Chris Powell of GATA made famous: "Price action makes market commentary".
Control the price of anything and you get control of the story. The U.S. Commodities Future Exchange (COMEX), a subsidiary of the Chicago Mercantile Exchange (CME), is central to price discovery – and nothing else can compete.
Price action on the big silver ETF, SLV does not (yet!) factor into a price that begins and ends with a trading structure that is rigged to the tune of a few traders who dominate one side of the trade.
Read full article... Read full article...
Sunday, July 10, 2016
Silver Prices - The Rise and Fall of the Specs With No Clothes / Commodities / Gold and Silver 2016
The mainstream financial media, as well as some retail investors, have awakened to the surge in the price of silver, relative to just about everything else in 2016.
And while this rally feels different, are we there yet? Or are we close to the point where COMEX doesn't matter as far as price discovery is concerned?
I realize the question always comes down to if not now, then when? But “how?” is a close second.
Read full article... Read full article...
Saturday, July 09, 2016
Jason Zweig: Still Wrong on Gold / Commodities / Gold and Silver 2016
Jason Zweig, who a year ago called Gold a “pet rock” is doubling down. He reiterates his belief, albeit a misguided one that Gold is a pet rock and justifies it with the usual anti gold bug propaganda. Unfortunately, Zweig along with many gold-bashers and ironically some gold bugs continue to either neglect Gold’s major fundamental driver or have no clue about it.
Read full article... Read full article...