Category: Gold and Silver 2017
The analysis published under this category are as follows.
Friday, May 19, 2017
Gold Update…Shaking The Tree / Commodities / Gold and Silver 2017
By: Rambus_Chartology
There is a pattern forming on gold which wasn’t there yesterday. With yesterday’s big move up and no follow through to the upside today there is a potential H&S top building out. Many times I will use a neckline symmetry line which is taken from the neckline and moved up to the top of the left shoulder to show the possible high for the right shoulder. There is another technique I use where I will use a horizontal line from the top of the left shoulder that can sometimes show the height for the right shoulder. Today’s high at 1265 matches the high for the left shoulder. I’ve been showing the possible neckline as a S&R line, but now after yesterday’s move it’s looking more like a possible neckline. The breakout will come into play around the 1220 area which will confirm the H&S top.
Friday, May 19, 2017
Gold and Silver Trading Alert: New Important Technical Development / Commodities / Gold and Silver 2017
By: P_Radomski_CFA
During yesterday’s session, the USD Index plunged once again and so did the general stock market, while gold rallied over $20 and we see a new major technical development that we’ve been expecting to see for some time now. What’s new and what changed?
Thursday, May 18, 2017
Silver: Train Leaving Station Soon! / Commodities / Gold and Silver 2017
By: Gary_Tanashian
Silver prices are rising along the bottom of a 20 year log scale trend channel (shown later). There are no guarantees in a manipulated paper market, such as COMEX silver, but it is possible that silver prices will collapse further, or more likely, move substantially higher, sooner rather than later.
Thursday, May 18, 2017
Gold Investment & The Tech Stocks Bubble / Commodities / Gold and Silver 2017
By: GoldCore
by Jan Skoyles, Editor Mark O’Byrne : Tech is the umbrella word for all things fashionable to invest in right now. Take the recent flotation of Snap Inc. (parent company of teen and narcissists’ favourite app SnapChat), everyone wanted in on the $20 billion flotation.
Snap is likely a sign of a tech bubble that will cost a lot of savers and investors huge amounts of money … again.
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Wednesday, May 17, 2017
Gold Prices Spike On Heavy Volume On Trump Risks / Commodities / Gold and Silver 2017
By: GoldCore
Gold prices rose for a fifth day to a two week high in early European trading on increasing U.S. political risk pertaining to the Trump Presidency and the increasing risk of impeachment and a U.S. political civil war.
Stocks and U.S. Treasury bond yields tumbled as investors moved cash into safe-haven gold amid a global market selloff.
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Wednesday, May 17, 2017
Gold $10,000 May Be Reasonable; Or Wishful Thinking; Or Meaningless / Commodities / Gold and Silver 2017
By: Kelsey_Williams
Is $10,000 gold reasonable?
Right now, from gold’s current price point of $1240.00 per ounce, we are speaking of an eight fold increase to get to that gloriously celebrated (at least by some) number. Even if the specific price target is more modest – say $7000.00 per ounce – it is still a huge jump from where we are today.
It is, however, a reasonable possibility. Between August 1976 and January 1980, gold rose from $100.00 per ounce to over $800.00 per ounce.
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Wednesday, May 17, 2017
Is It A Bull Market Or Bear Market In Precious Metals? / Commodities / Gold and Silver 2017
By: Avi_Gilburt
By Avi Gilburt : First published on Saturday May 13 for members of ElliottWaveTrader.net: Without fail, each and every time the metals have dropped since bottoming over a year ago, many panic and proclaim the bear market to have returned. Moreover, many have looked to the USD as their guide to what the metals will do, and are completely befuddled when the dollar trades in tandem with the metals, as we have seen for almost two months.
As for me, well, since I was taught at a young age not to “ASSUME,” I only listen to price and try to ignore emotion as much as humanly possible. For this reason, I rely on my analysis to make decisions, as relying upon emotion often puts you on the wrong side of the market at the exact worst time.
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Wednesday, May 17, 2017
A ‘Must-See’ Chart for Gold and Silver Aficionados / Commodities / Gold and Silver 2017
By: Peter_Degraaf
Every now and then a chart appears that provides us with a great opportunity.
The following chart fits that mold.
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Tuesday, May 16, 2017
How Silver Price Could Rally Significantly Over The Coming Months / Commodities / Gold and Silver 2017
By: Hubert_Moolman
The silver price and the US Dollar/South African Rand exchange rate (USD/ZAR) have a very interesting relationship that goes back a long way.
In the long run, the two move in opposite directions. When the USD/ZAR rate is moving up, the silver price is moving down, and vice versa. Furthermore, when the USD/ZAR rate is making a top, then a bottom in silver is normally very close (before or after the USD/ZAR peak).
Tuesday, May 16, 2017
... / Commodities / Gold and Silver 2017
By: Submissions
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Tuesday, May 16, 2017
Silver: Don't Miss the Opportunity of a Lifetime - AGAIN! / Commodities / Gold and Silver 2017
By: Submissions
Peter Ginelli writes: Silver is and has always been one of the most essential metals on the planet, and yet it has never received the respect it deserves as does gold.
If tomorrow morning we wake up and discover there is no gold on the planet, only three groups of people would miss it: banks which use it as partial reserve, private investors who use it as a hedge and the general consumers who buy it in the form of jewelry.
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Monday, May 15, 2017
Wealth Protection: Two Cautionary Tales from France and the American South / Commodities / Gold and Silver 2017
By: HAA
On May 7, Marine Le Pen's defeat in France's presidential election secured an integrated EU and had many investors breathing a sigh of relief.
Had the election gone her way, French workers could have seen the devaluation of their euro-denominated pensions if Le Pen had made good on plans to quit the currency in favor of returning to the franc.
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Monday, May 15, 2017
Gold and Sillver Markets - Silver Price Sharp Selloff / Commodities / Gold and Silver 2017
By: The_Gold_Report
Technical analyst Jack Chan charts the latest moves in the precious metal markets, noting the impacts of a sharp selloff in silver.
Friday, May 12, 2017
Gold Price in May 2017 / Commodities / Gold and Silver 2017
By: P_Radomski_CFA
The mining stocks moved higher yesterday and this move can be explained neither by a move higher in gold or silver, nor by a substantial rally in the main stock indices. Does the miners’ strength indicate a looming turnaround?
Quite likely yes, but the emphasis should be put on “looming” and on the fact that any turnaround here is not likely to be very significant. Let’s take a look at the charts for details (charts courtesy of http://stockcharts.com) and check the outlook for gold price in May.
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Friday, May 12, 2017
A Look at the Silver/Gold Ratio, Inflation/Deflation and the Yield Curve / Commodities / Gold and Silver 2017
By: Gary_Tanashian
An email from a reader (of the eLetter, I think) calling me out on trying to make too many correlations in a dysfunctional market (I think that was his bottom line point, and he’s got a good point) got me thinking about the Silver/Gold ratio and some pretty interesting post-2011 dysfunction (so it seems) in the markets.
Markets that made sense in certain ways prior to 2011 no longer make sense in the same ways. For instance, the S&P 500 used to be correlated to the Silver/Gold ratio, which itself was positively correlated to inflation and/or inflationary economic growth. Gold also liked for silver to be leading it, not the other way around.
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Friday, May 12, 2017
The Bearish Gold Bull / Commodities / Gold and Silver 2017
By: Jordan_Roy_Byrne
The Bearish Gold Bull was the title of my presentation last weekend at the Metals Investor Forum in Vancouver, British Columbia. While the title could be ascribed to me personally for my recent tendency towards conservative and cautious views, it more importantly describes the current dichotomy in the gold sector. The mining sector saw its fundamentals hit rock bottom in 2014-2015 and became “bombed out” at the end of 2015. However, while parts of the industry have performed well, as a whole it has been unable to push higher after a torrid recovery in early 2016. A big reason is the outlook for metals prices suggests lower prices before any large advance. Until metals prices are ready to rise, the miners may find themselves in a bearish bull.
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Friday, May 12, 2017
Gold is About to Shine Again! / Commodities / Gold and Silver 2017
By: Enda_Glynn
My Bias: short in wave 3 blue.
Wave Structure: downward impulse wave 1, 2 blue
Long term wave count: lower in wave 3 blue
Important risk events: EUR: G7 Meetings, German Prelim GDP q/q, USD: G7 Meetings, Prelim UoM Consumer Sentiment, CPI m/m, Retail Sales m/m.
Friday, May 12, 2017
The Blockchain: A Gold and Silver Launchpad? / Commodities / Gold and Silver 2017
By: MoneyMetals
A new day is dawning for precious metals. Gold and silver – the world's oldest money – are "connecting" with the newest money, digital cryptocurrencies. The final outcome of this nexus is unpredictable, but it is foolhardy to ignore what is taking place.
Central governments around the globe have waged, against their own citizens, a virtual "War on Cash." Efforts by Sweden to become "cash-free;" progressive "downsizing" of Eurozone currency units; a currency recall in India that affected 1.3 billion people; solemn talk about eliminating $100 and even $50 bills in the U.S. - all in the supposed fight against "drug dealing and tax evasion."
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Thursday, May 11, 2017
Could Breakthrough Cancer Treatments Raise Industrial Gold Demand? / Commodities / Gold and Silver 2017
By: HAA
Shannara Johnson : Precious metals aren’t just used as investments and for jewelry—some of them have a wide range of industrial applications as well.
Silver, for example, is used (and used up) in a multitude of products, from solar panels to glass coatings, LED chips, semiconductors, touch screens, water purification, and more.
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Thursday, May 11, 2017
Gold Exports From U.S. – Something Big Is Happening / Commodities / Gold and Silver 2017
By: GoldCore
by SRSRoccoReport.com : Most Americans didn’t realize it, but something BIG changed in the U.S. gold market in the beginning of 2017. While precious metals sentiment and buying in the U.S. has dropped off considerably in the first quarter of 2017, the East continues to acquire gold, HAND OVER FIST.