Category: Gold and Silver Stocks 2016
The analysis published under this category are as follows.
Tuesday, June 14, 2016
George Soros Making Big Bets on Gold / Commodities / Gold and Silver Stocks 2016
By: The_Gold_Report
George Soros has joined fellow billionaire investors Stan Druckenmiller and Ray Dalios on investing big in gold. Precious metals expert Michael Ballanger explains what is behind these moves.
Friday, June 10, 2016
Gold Stocks Retreat at Resistance / Commodities / Gold and Silver Stocks 2016
By: Jordan_Roy_Byrne
Over the past two weeks gold stocks have surged more than 20% as the awful jobs report forced the bears to capitulate. That strong of a move in a brief amount of time will naturally slow or correct. Furthermore, gold stocks touched resistance Friday morning which led to a bearish reversal. While the bullish trend remains intact, the odds favor lower prices in the days ahead.
Tuesday, June 07, 2016
Gold Stocks Be Prepared / Commodities / Gold and Silver Stocks 2016
By: Rambus_Chartology
There are two patterns I'm watching very closely in here on the HUI which will be a proxy for the rest of the PM stock indexes. This first chart is daily chart which shows the three small consolidation patterns that have formed since the January low. The top pattern basically completed its fourth reversal point today which is an expanding falling wedge. One of two things will most likely happen tomorrow. If this is the correct consolidation pattern then we will most likely see a breakout gap above the top rail which should lead to the next impulse move up. The second scenario would be to see the top rail hold resistance and a move down to the bottom rail of the expanding falling wedge where the 38% retrace would come into play around the 183 area. This pattern is complete except for the breakout.
Monday, June 06, 2016
First Majestic Silver Stock Soars / Commodities / Gold and Silver Stocks 2016
By: Zeal_LLC
First Majestic Silver has been one of the world’s best-performing stocks in 2016, nearly quintupling at best in recent months. This outstanding Canadian silver miner runs extensive operations in Mexico, and is one of this metal’s purest producers. Despite its blistering run this year, First Majestic remains incredibly well-positioned to greatly leverage silver’s mean reversion higher. Investors should take a look.
First Majestic Silver’s amazing fundamentals won me over as a fan years ago, and I definitely have a dog in this fight. As silver was grinding along near major secular lows late last year, we recommended a new long-term investment in First Majestic at $3.20 in our monthly newsletter. Then in mid-January as silver stocks languished, we added another new First Majestic trade at $2.51 in our weekly newsletter.
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Saturday, June 04, 2016
Are Junior Gold Stocks Following 2008-2009 Recovery? / Commodities / Gold and Silver Stocks 2016
By: Jordan_Roy_Byrne
Weeks ago precious metals began a correction amid overbought conditions (in the miners) and very bullish sentiment in the metals. The recent Fed minutes helped accelerate the weakness but it lost steam in recent days. A real stinker of a jobs report completely reversed the thought that the Fed would hike rates in the summer and it sent precious metals surging. As a result, the gold stocks and junior gold stocks especially could be back on the path to making new highs before autumn.
Thursday, June 02, 2016
Junior Precious Metals Miners: Go With Who You Know / Commodities / Gold and Silver Stocks 2016
By: John_Rubino
The first few months of this year gave a little taste of what’s to come for the junior precious metals miners, if this is indeed the start of a new gold/silver bull market. Some sample charts:
Friday, May 27, 2016
Gold Junior Stocks Q1 2016 Fundamentals / Commodities / Gold and Silver Stocks 2016
By: Zeal_LLC
The smaller gold-mining and exploration stocks have enjoyed an amazing year, soaring with gold’s new bull market. Many have more than doubled since mid-January, and some have more than tripled at best in that short span. Are such spectacular gains fundamentally-justified, or merely the result of ephemeral sentiment that could vanish anytime? The gold juniors’ recently-reported Q1’16 results offer great insights.
The junior gold miners and explorers play a critical role in the world gold market. They bear the major costs and risks associated with discovering and sometimes developing new economically-viable gold deposits. They painstakingly find the new gold reserves to offset the constant depletion of the world’s existing gold mines, acting as the headwaters feeding the global mined-gold-supply pipeline vital to this industry.
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Friday, May 27, 2016
$HUI (Gold Bugs Index) Rally / Commodities / Gold and Silver Stocks 2016
By: Gary_Savage
I said one doesn’t need to chase the rally during the second leg, any gains would not be sustainable and would be given back.
At the low yesterday miners had already given back 62% of the second leg gains, and we are not done with the Intermediate Cycle Low yet. The final Intermediate Cycle Low isn’t due until late June or early July. This is why it wasn’t critical to chase the second leg, one was going to get a second shot at it anyway.
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Friday, May 27, 2016
Gold Price Looking Vulnerable While Gold Stocks Correct / Commodities / Gold and Silver Stocks 2016
By: Jordan_Roy_Byrne
Last week we highlighted our gold stocks bull analog chart which showed the gold stocks correcting at least 20% at this point during both the 2008-2009 and 2000-2001 recoveries. We concluded that gold stocks were likely to continue to correct in the days and weeks ahead. While that has played out so far, we should also note that Gold is suddenly looking more vulnerable.
Friday, May 20, 2016
Silver Miners’ Q1’ 2016 Fundamentals / Commodities / Gold and Silver Stocks 2016
By: Zeal_LLC
The world’s elite silver miners just finished reporting their operating results from 2016’s first quarter, and they were impressive. This industry continued to drive its costs lower even as silver finally started mean reverting out of mid-December’s deep secular low. The silver miners are beautifully positioned to enjoy soaring operating profits as silver’s young new bull market continues gradually marching higher on balance.
Silver mining is a tough business geologically and economically. Primary silver deposits, those with enough silver to generate over half their revenues when mined, are quite rare. Most of the world’s silver ore formed alongside base metals or gold, and their value usually well outweighs silver’s. According to the just-released World Silver Survey 2016 by the venerable Silver Institute, silver largely remains a byproduct.
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Tuesday, May 17, 2016
Gold, Silver, Mining Shares: Big Drop Dead Ahead! / Commodities / Gold and Silver Stocks 2016
By: Brad_Gudgeon
Last time I wrote, I pointed to May 19th as being a likely, important bottom in the precious metals complex. It is May 16th in the evening as I write this. If I’m correct, the next three days should prove to be huge down, especially for the miners. Most analysts admit that we are overdue for a correction, but they have no idea how fast and furious it may turn out be.
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Saturday, May 14, 2016
Goldcorp Is Back and Spending: Could West Red Lake Gold Mines Be Next? / Commodities / Gold and Silver Stocks 2016
By: The_Gold_Report
Goldcorp is fresh off an announced transaction of $520M for Kaminak Gold, which is a big win for the industry. The company has been quietly putting dollars in juniors, like $16M in Gold Standard Ventures, and there could be more to come. In this article, Resource Maven Gwen Preston discusses possible target West Red Lake Gold Mines and how this company is shaping up to take advantage of the initial turnaround in the market.
Friday, May 13, 2016
Gold Miners’ Q1’16 Fundamentals / Commodities / Gold and Silver Stocks 2016
By: Zeal_LLC
The gold miners’ stocks have skyrocketed this year as investors started returning to this long-abandoned sector. Many have doubled since January, with plenty tripling or even quadrupling. Naturally such fast gains raise concerns about whether they are actually fundamentally justified or merely the product of fleeting sentiment that could reverse. Gold miners’ latest quarterly results offer great fundamental insights.
Companies trading on the US stock markets are required by the Securities and Exchange Commission to file quarterly earnings reports four times a year. For normal quarters that don’t end fiscal years, these 10-Q reports are due 45 calendar days after quarter-ends. They are a great boon to financial-market transparency and investors seeking to understand companies, yielding a treasure trove of information.
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Friday, May 13, 2016
Gold Stocks Correction or Final Push Higher? / Commodities / Gold and Silver Stocks 2016
By: Jordan_Roy_Byrne
Despite maintaining an overbought condition and despite the recent bearish posture of many sector pundits, the gold stocks have yet to correct more than 11%. Since the end of January the gold stocks have held above their 50-day moving averages, which is often support during a strong trend. If the gold stocks break their lows of the past two weeks then it should usher in a 20% correction and correct the current overbought condition. However, if gold stocks do not break initial support they could begin a melt-up that would lead to a more serious correction in the summer.
Friday, May 06, 2016
Gold Stocks Rise Too Far Too Fast? / Commodities / Gold and Silver Stocks 2016
By: Zeal_LLC
The gold-mining stocks have skyrocketed this year, radically outperforming every other sector. Smart contrarians who bought them low late last year and in January have seen their capital doubled, tripled, and even quadrupled! But such blistering gains raise the ominous specter of crippling overboughtness, conditions preceding major toppings. Have gold stocks come too far too fast to continue their epic run?
The magnitude of recent months’ gold-stock surge is simply stunning. Between mid-January and the end of April, this sector’s flagship HUI NYSE Arca Gold BUGS Index blasted 131.8% higher in merely 3.3 months! This was largely mirrored by the leading gold-stock ETF, the GDX VanEck Vectors Gold Miners ETF. GDX saw stupendous gains of 107.1% over this same span. Gold stocks have been on fire!
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Wednesday, May 04, 2016
Gold Stock Picks Up Over 400%, What's Next ? / Commodities / Gold and Silver Stocks 2016
By: The_Gold_Report
A battle royale is brewing between gold bulls and commercial traders who are short gold, says Brien Lundin, publisher of Gold Newsletter. That tug of war, which should play out in the coming weeks, could result in either a severe correction or a spectacular rise in the price of gold and silver. No matter which way it goes, in this interview with The Gold Report, Lundin recommends that investors continue to look at companies with world-class resources that are still being priced at a fraction of what their values should be. Lundin should know; some of his recommendations are up more than 400% from December and January.
Tuesday, May 03, 2016
Gold Stocks in the Danger Zone / Commodities / Gold and Silver Stocks 2016
By: Bob_Kirtley
The bears have been in charge for the last 4 years or so taking both gold and silver into the depths of despair. The associated mining companies also felt the cold with many having to postpone projects, slash dividends and implement a series of cost cutting measures.
As with most bear markets there were a number of rallies which turned out to be head fakes or bear traps as gold lost its momentum. We can all recall just how well 2015 started as gold bolted in January to higher ground bringing much joy to the perma gold bulls. Alas gold couldn’t maintain it strength and spent the remainder of the year drifting to its lowest level for some time. Fast forward to this year and we can see once again gold has started like an Olympic sprinter taking the price of gold to within touching distance of $1300.00/oz. Silver was a tad slow to start but has now joined the fun by breaching previous resistance levels and confirming golds strength.
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Tuesday, May 03, 2016
Have Gold Mining Shares Topped? / Commodities / Gold and Silver Stocks 2016
By: Brad_Gudgeon
Gold should drop about $150 from here into May 18th or about 12-13%. Gold mining shares should drop about 35-38% from here into May 18th. Mercury turned stationary/retrograde on April 28th suggesting a major top 2 trading days from that date. The Gann cycles suggest a likelihood of Monday, May 2nd being that top. The vertical white lines are TLC or trend line convergence lows which look for May 18th and May 20th as being important lows.
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Sunday, May 01, 2016
Gold Stocks XAU Reversion to the Mean / Commodities / Gold and Silver Stocks 2016
By: Gary_Savage
Regression to the mean. There is one universal law in this business and it never never gets broken. Price always regresses to the mean. This one is like death and taxes. It is never violated. And the further price stretches in one direction the harder it moves back once the trend comes to an end.
Friday, April 29, 2016
Gold Stocks: Extended but More Upside Potential / Commodities / Gold and Silver Stocks 2016
By: Jordan_Roy_Byrne
What a move in the gold stocks! The sector has refused to correct for more than a few days at a time. All weakness has been bought as a wall of worry has been built and the sector emerges from a historic low that could be on par with the 1942 low in the stock market. I thought the Federal Reserve statement or reaction to it (along with the market’s overbought condition) might cause the sector to correct this week. Instead, GDX and GDXJ powered higher and have gained roughly 13% for the week.