Category: Gold and Silver 2018
The analysis published under this category are as follows.Wednesday, April 25, 2018
Gold Price Focusing on May Cycle Bottom / Commodities / Gold and Silver 2018
Through my cycle work in the market, there is a current focus on the month of May to end up as our next decent swing low for the Gold market, with several mid-term cycles pinpointing this timeframe for a potential market bottom.
One of the more widely-followed cycles in the Gold market is the 20-week (approximately 100 trading days) cycle, which last bottomed back on December 12, 2017, doing so at the 1249.30 figure (continuous contract numbers). In using our cycle detrend, we can isolate this particular wave, which is shown on the chart below:
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Wednesday, April 25, 2018
Silver Gives Us Another Chance to Accumulate and Buy / Commodities / Gold and Silver 2018
Our recent silver analysis could not have been more accurate. Please take a minute to read it before you continue reading the rest of this post if you have not already done so. The Silver price breakout, to near $17.20, last week was incredible. It established a new Fibonacci price trend, established a downward channel price breakout, coincided with a Pennant/Flag price formation breakout and the wave count of this Pennant Flag breakout was perfect.
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Wednesday, April 25, 2018
The Gold Manipulators Are Being Manipulated / 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 (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, and I still think we can see it in occur in 2018. This week, I will provide an update to GLD. While I have gone on record as to why I do not think GLD is a wise long-term investment hold, I will still use it to track the market movements.
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Wednesday, April 25, 2018
China Takes the Long View on Gold-Silver... and So Should You / Commodities / Gold and Silver 2018
A cursory look at Chinese history can convince you that China should not be underestimated when it sets its sights on a particular goal.
Even before Mao Zedong took over the reins in 1949, and the first Five Year Plan began in 1953, centuries of history demonstrated that long-term planning, while not always meeting expectations, is a core behavioral trait of the Chinese psyche.
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Tuesday, April 24, 2018
Will Kim’s Denuclearization Dethronize Gold? / Commodities / Gold and Silver 2018
Breaking News! North Korea has agreed to denuclearization. Great! But what does it mean for the gold market? And… why is this not true?
Gold Starts Week Badly
The yellow metal struggled on Monday. Its price declined from $1,335 to $1,320, or more than 1.1. percent, as one can see in the chart below.
Tuesday, April 24, 2018
Russia Buys 300,000 Ounces Of Gold In March – Nears 2,000 Tons In Gold Reserves / Commodities / Gold and Silver 2018
– Russia buys 300,000 ounces of gold in March and nears 2,000t in gold reserves
– Russia now holds just over 1,861 tonnes, more than officially reported by China at 1,842t
– Both Russia and China have the power to destabilise US dollar by dumping dollar-denominated assets
– Turkey has removed all gold held in the U.S. opting for Bank of England and BIS
– Turkey follows trend set by both Germany, Netherlands and others to remove gold reserves stored in the United States
– Central bank decisions regarding gold reserves are examples of countries becoming nervous about the outlook for the dollar under the Trump administration
Tuesday, April 24, 2018
Frustrated by the Dormant Silver Price? Don’t Be, Says History, the Upsurge Is Coming / Commodities / Gold and Silver 2018
Jeff Clark: Frustrated by the comatose silver price? Tired of it going nowhere and being held down?
Well, history has a message for you: This trading behavior is normal. Furthermore, similar scenarios from the past say the next price explosion is on the way.
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Monday, April 23, 2018
Silver Squeeze, Gold Fails & GDX Breadth / Commodities / Gold and Silver 2018
It was an interesting week in the precious metals complex. There appeared to be the start of a short squeeze in Silver (hedge funds were heavily short) but it ceased at important resistance. Meanwhile, Gold closed the week on a weak note, losing $1340-$1350. The gold stocks, like Silver closed the week below technical resistance. The price action in the complex continues to suggest that a breakout in Gold is the key to unleashing strong outperformance from Silver and the gold stocks.
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Friday, April 20, 2018
Gold, Silver and Jet Surf Boards - Audio Analysis / Commodities / Gold and Silver 2018
Here is an interview talking about silver, silver stocks, and some new electric jet flying surfboard.
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Friday, April 20, 2018
The Incredible Silver Trade – What You Need to Know / Commodities / Gold and Silver 2018
Everyone is talking about the incredible price move in silver on April 18, 2018. For years we have been talking about the setup in the metals markets and alerting our members to opportunities as they arise. Recently, we alerted our members to an incredible opportunity in Silver and we caught this move before it skyrocketed higher. Now, everyone wants to know what’s next. Here is our take on the Silver trade and what you need to know.
All the technical and price valuation indicators regarding the relationship of Gold to Silver have been set for many months telling traders that Silver is the clear leader in any price advance in metals.
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Thursday, April 19, 2018
Gold – A Unique Repeat of the 2007 and How to Profit / Commodities / Gold and Silver 2018
Since Spring is in the air here are some colorful charts and show you where we feel the price of gold and stocks are within the current market cycles.
Below are monthly charts of the SP500 index and the price of gold. The first chart shows a pattern that gold formed just before stocks hit all-time new highs and the bear market started.
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Wednesday, April 18, 2018
Gold and Silver Buy Signals / Commodities / Gold and Silver 2018
Technical analyst Jack Chan updates the gold and silver charts and finds buy signals for both gold and silver.
Our proprietary cycle indicator is up.
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Tuesday, April 17, 2018
Gold Resists Strikes / Commodities / Gold and Silver 2018
Boom! The U.S. and its allies struck Syria in response to a suspected deadly chemical attack several days ago. Gold should be the safe haven in such situations, right? But the price of gold was practically unchanged on Monday. What happened?
U.S. Strikes Syria. Gold Yawns
A lot has happened in recent days. Luckily, we have kept an eye on the most important developments for you, so let’s analyze their potential impact for the gold market. First of all, Syria is again on the investors’ radar. Or actually on the military’s radar – on Friday, the U.S. lead allies – France and the UK – and launched a missile attack on Syria for an alleged chemical weapon attack on a town near Damascus on April 7. It was probably the most significant attack against President Bashar al-Assad’s government by Western powers in seven years of Syria’s civil war, so investors worried about the repercussions.
Monday, April 16, 2018
Global Debt Bubble Hits New All Time High – One Quadrillion Reasons To Buy Gold / Commodities / Gold and Silver 2018
– Global debt bubble hits new all time high – over $237 trillion
– Global debt increased 10% or $21 tn in 2017 to nearly a quarter quadrillion USD
– Increase in debt equivalent to United States’ ballooning national debt
– Global debt up $50 trillion in decade & over 327% of global GDP
– $750 trillion of bank derivatives means global debt over $1 quadrillion
– Gold will be ‘store of value’ in coming economic contraction
– Global debt is the mother of all bubbles
Sunday, April 15, 2018
Time for the Gold Bulls to Show their Mettle / Commodities / Gold and Silver 2018
For the last three months gold had been chopping out a rectangle trading range which has completed four reversal points so far. Wednesday of this week it looked like gold may breakout above the top rail but the bears stopped the advance just when it looked like the bulls were finally going to win.
Many times before a rectangle is finished building out there can be one last move back down to the center of the rectangle where support is found. If the bulls are truly in charge they could take this oppurtunity to rally gold up and through the top rail to complete the rectangle as a halfway pattern. If the bulls can muster up enough energy to take out the top rail the rectangle would have a price objective up to the 1445 area as shown by the blue arrows. At this point there is no way to know if we’ll see another reversal all the way back down to the bottom of the rectangle which would complete the 5th reversal point. It’s still a consolidation pattern at this time.
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Friday, April 13, 2018
Will Debt Leverage Leverage Gold? / Commodities / Gold and Silver 2018
Attention, please! The leverage in the stock market has been recently rising. As one can see in the chart below, the stock market margin debt surged more than $113 billion in 2017, one of the largest annual surges. Moreover, it was the ninth annual increase in a row.
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Friday, April 13, 2018
Coup d'État That May Shake the Gold World / Commodities / Gold and Silver 2018
Everyone focuses now on the chemical attack in Syria. Meanwhile, the most important turnover in the world remains mostly unnoticed. But we’re on guard. Let’s read our analysis of the key revolution of 2018 and find out the implications for the gold market.
Hawks Take Over the Fed
Are we going to write about Syria? North Korea? China? No. You already know everything you should about these geopolitical threats. The media bomb you with news about bombings, trade wars, nuclear trials, etc. But the key upheaval is taking place in silence, in the cool marble rooms of the Federal Reserve Banks. ‘The Hawkish Revolution’ – this is how the future historians will call it.
Friday, April 13, 2018
How I Own My Gold / Commodities / Gold and Silver 2018
Those who own gold often argue how to best own it. I encourage anyone holding gold to assess the pros and cons of different choices of gold ownership to make an educated rather than emotional decision. Let me explain.
I commissioned the above cartoon back in 2011 in response to an assertion by CNBC’s Steve Liesman no one would accept a gold coin in a grocery store. My take was that, hell, if I offered a gold coin, I’m pretty sure I would find a taker if I wanted to exchange it for some groceries.
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Thursday, April 12, 2018
Gold Hedging From Hedge Funds & Traders Continues to Surge / Commodities / Gold and Silver 2018
It’s a relatively quiet trend, but the most active of investors—hedge funds and traders—are aggressively putting gold hedges in place.
It shouldn’t really be a surprise, given the recent spike in volatility in the stock market. It hasn’t been reported much in the mainstream, but an increasing number of people who make their living from investing are betting on gold.
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Tuesday, April 10, 2018
Gold Cycle is Up / Commodities / Gold and Silver 2018
Technical analyst Jack Chan updates the gold and silver charts and finds buy signals for both gold and silver.
Our proprietary cycle indicator is up.
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