Category: Gold and Silver 2018
The analysis published under this category are as follows.Friday, August 17, 2018
Is Now the Time to Buy Gold and Silver for a Short Term Bounce? / Commodities / Gold and Silver 2018
Gold and silver crashed yesterday, particularly silver.
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Friday, August 17, 2018
Why Gold Should Be Accumulated At These Levels / Commodities / Gold and Silver 2018
Here are a few reasons why gold should be accumulated at these levels:
1. Rising Interest Rates
Although gold rose significantly from 2001 to 2011, it was not really the ideal conditions. There were many reasons for conditions not being ideal, such as: rising stock markets and major commodities like oil (more markets rising means more competition for investment).
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Thursday, August 16, 2018
Dollargeddon - Gold Price to Soar Above $6,000 / Commodities / Gold and Silver 2018
In our regular gold trading alerts, we focus on the short- and medium-term outlook and we rarely discuss the very long-term issues or price targets. The reason is simple – the long-term issues and price targets don’t change often, so usually there’s little new to say about them. Consequently, it’s been a long time since we last discussed our view on gold’s explosive upside potential. In fact, it’s been so long that those who do not take the time to read our analyses thoroughly and those who have been reading them for only a short while may think that we are bearish on gold in the long run. Or that we’re perma-bears. Naturally, it’s nonsense and those who have been diligently following our articles know it. What we’re aiming for is to help investors position themselves to make the most of the upcoming rally in the precious metals market and one of the best ways to do it is to help people prepare for the final bottom in gold.
Of course, buying close to the bottom is pointless unless a big rally is going to follow. In today’s analysis we want to tell you how big this rally is likely to be. Well, you have already read it in the title of this article, but the key question is if the above is just a simple round number that we “wish” gold to reach, or if it is based on reasonable arguments. We don’t want you to take our word for it – we’ll show you how we arrived at $6,000 as the minimum target for gold.
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Thursday, August 16, 2018
Large Caps Underperformance vs. Small Caps is Bullish for Stocks / Commodities / Gold and Silver 2018
As you probably already know, large cap stocks (Dow Jones index) have underperformed small cap stocks (Russell 2000 index) in 2018.
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Wednesday, August 15, 2018
Jim Rogers on Gold, Silver, Bitcoin and Blockchain’s “Spectacular Future” / Commodities / Gold and Silver 2018
Jim Rogers, legendary investor and “Adventure Capitalist” speaks with Mark O’Byrne, GoldCore’s Director of Research, in the Goldnomics Podcast (Episode 7).
Are the actions of the US administration making China great again? What currency is going to challenge the US dollar as the global reserve? What can we do to protect ourselves against the next financial crash?
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Wednesday, August 15, 2018
A Depressed Economy And A Silver Boom / Commodities / Gold and Silver 2018
Let’s take a look at silver priced in oil (WTI Crude), the Dow and US dollars:
Above, is silver priced in oil from 1983 to now. Price has moved in a large channel before it broke out at the end of 2014. This is really significant given the length of time involved.
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Tuesday, August 14, 2018
Gold Price to Plunge Below $1000 - Key Factors for Gold & Silver Investors / Commodities / Gold and Silver 2018
Briefly: Gold is likely to plunge below $1,000 this year and we’ve been writing about it for months. This article provides a list of critical long-term factors that one should be aware of if they want to invest in or trade gold, silver, and/or mining stocks. We include links to our previous premium analyses and we just made these analyses available to everyone.
But first, a quick short-term update.
There were a few important technical details that took place on Friday that confirmed what we had written previously. The USD Index broke above the rising wedge pattern and the medium-term reverse head-and-shoulders pattern, while silver closed (the daily and weekly close) below its July 2017 lows.
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Friday, August 10, 2018
The Various Prices Of Gold Pointing Higher / Commodities / Gold and Silver 2018
Let’s take a look at gold priced in oil (WTI Crude), the Dow and US dollars:
Gold priced in oil from 1983 to now. Price has moved in a large channel before it broke out at the end of 2014. This is really significant given the importance of oil in the current monetary system (more of this another time).
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Thursday, August 09, 2018
Gold and Silver Kill Zone / Commodities / Gold and Silver 2018
There is nothing bullish happening on the gold and silver charts. Nothing bullish on the miner Index/ETF charts. Nothing bullish on the HUI/Gold ratio. In other words, when it comes to a segment as volatile and sentiment-dependent as the precious metals, we are in the kill zone.
That can be read a couple of different ways. First, the inflationist gold bugs are getting exterminated as the US dollar first rose and since has stubbornly refused to take a pullback.
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Thursday, August 09, 2018
Even More Cracks in the Gold Dam / Commodities / Gold and Silver 2018
We’re getting there. Inch by inch, we’re moving closer to the tipping point of the decline when the slow, regular, and somewhat boring move lower turns into a violent drop. Yesterday’s session was still in line with the less exciting manner of declining, but we saw another crack in the dam that’s still somewhat holding the prices at the current levels. It doesn’t seem that it’s going to last for long. Are you prepared?
Before moving to the details of yesterday’s session, we would like to stress that the key bearish factors that we outlined in our Monday’s analysis remain up-to-date, so if you haven’t had the chance to read it yet, we strongly encourage you to do so today. Gold is likely to drop far in the next 2.5 weeks.
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Tuesday, August 07, 2018
Technical Analyst Sees Silver as 'Oversold' / Commodities / Gold and Silver 2018
Technical analyst Clive Maund takes a look at the latest movements in the silver market.
The picture for silver looks dull and weak, and it has dropped back over the past month or two, like gold, in response to dollar strength. On its latest 14-month chart we can see how, after breaking support in the $16.15 area, it has dropped back to support close to the low of last July, where it is oversold. The intermediate trend must be classed as neutral/down as it is below bearishly aligned moving averages. Having said all that there is a fair chance of it turning higher soon, as in addition to being oversold and at support, its COTs now look bullish, as we can see on the latest COT chart stacked below the 14-month silver chart for direct comparison, with gold's COTs being more so, and with gold's seasonal factors now approaching their strongest for the year, silver may come along for the ride if gold now advances, which looks likely also because there is a good chance that the dollar will react back over the near-term, as we have observed in the parallel Gold Market update.
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Sunday, August 05, 2018
Gold & Silver Precious Metals Monthly Charts / Commodities / Gold and Silver 2018
With the end of July I thought it was important to take a look at the monthly charts which carry more significance than weekly and daily charts. Visible trends on the monthly charts obviously carry greater weight than those on the weekly and daily charts. Monthly charts can also simplify and clarify sector relationships. While the broader trend for precious metals is lower, there are some slight differences as evidenced by the monthly charts.
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Thursday, August 02, 2018
Gold And The USD/CNY (It’s Still About The U.S. Dollar) / Commodities / Gold and Silver 2018
My last article, Gold And The Elusive Chase For Profits/The Case For Gold Is Not About Price, generated the following comment:
“Gold is now pegged to CNY not USD.”…Anonymous
I responded as follows:
Thursday, August 02, 2018
Gold Current Extreme Bearish Sentiment is an Excellent long-term Buying Opportunity / Commodities / Gold and Silver 2018
Technical analyst Jack Chan charts the latest moves in the gold and silver markets.
Our proprietary cycle indicator is down.
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Thursday, August 02, 2018
Gold GLD Update… / Commodities / Gold and Silver 2018
Just a quick update on GLD which has broken down from a 2 1/2 year triangle consolidation pattern. If we get a backtest to the bottom rail around the 119 area I will take a position in DGLD which is a 3 X short gold etf.
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Wednesday, August 01, 2018
Bullish Sentiment Is In The Toilet For Gold / Commodities / Gold and Silver 2018
For those that follow me regularly, you will know that I have been tracking a set-up for the SPDR Gold Trust ETF (NYSEARCA:GLD), which I analyze as a proxy for the gold market. I also believe that gold can outperform the general equity market once we confirm a long-term break out has begun.
While I have gone on record as to why I do not think the GLD ETF is a wise long-term investment hold, I still use it to track the market movements. For those that have not seen my webinar about why I don’t think the GLD is a wise long-term investment, feel free to review this link for my webinar on the matter.
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Wednesday, August 01, 2018
When JP Morgan Decides to Stop Shorting Silver, Prices Will Shock You / Commodities / Gold and Silver 2018
Mike Gleason: It is my privilege now to welcome in Ed Steer of Ed Steer's Gold and Silver Digest. Ed has covered the precious metals markets for going on two decades now, having written for Casey Research prior to his latest project, and is also a director at GATA, the Gold Anti-Trust Action Committee, where he and his colleagues work to expose the manipulation in the gold and silver markets.
Ed, it's a pleasure to have you back on, and thanks for the time today.
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Sunday, July 29, 2018
The Road to War: Buying Fear - Gold / Commodities / Gold and Silver 2018
Gold has been dropping like a stone over the last several months, and getting no relief as the summer doldrums for precious metals meander along. Historically gold’s worst month is March, with January and September the next best months to look for a rally. September is when gold demand spikes in India due to the buying of jewelry for weddings to correspond with the Diwali festival in October-November. April to July is when gold usually drops below its average monthly return.
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Sunday, July 29, 2018
Gold Shorts Near Record! / Commodities / Gold and Silver 2018
Gold continues to drift near summer-doldrums lows, feeding and intensifying bearish sentiment. But an exceedingly-bullish event just happened which will ignite a major new upleg. Speculators’ gold-futures short positions have soared near all-time record highs! That means the recent heavy gold selling is exhausted, and massive proportional short-covering buying is imminent. That will catapult gold much higher.
Short-term gold price action is dominated by speculators’ gold-futures trading. This is counterintuitive as this group of traders and the capital they control are small compared to investors and their vast funds. But the futures guys still wield wildly-disproportional outsized influence over gold. It’s impossible to game short-term gold action if you’re not watching and analyzing speculators’ collective gold-futures trading activity.
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Friday, July 27, 2018
Silver Threads among the Gold: What the Tea Leaves Seem to Be Telling Us / Commodities / Gold and Silver 2018
The ongoing July silver (and gold) slam has a 2008 feel about it. Important data point elements are different, but there's an air of panic on the part of physical precious metals' owners.
"Major trend lines" being broken to the downside; physical metals' buying (in the U.S. off significantly so far on the year; (some) long-term silver holders giving up the ghost and selling their metal below spot.
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