Category: Gold & Silver 2020
The analysis published under this category are as follows.
Monday, January 11, 2021
Precious Metals rally early in 2021 / Commodities / Gold & Silver 2020
By: Chris_Vermeulen
If you follow our research, you already know my research team and I have authored multiple articles related to how Metals and Miners are poised for a big rally in 2021 and beyond. But do you understand what this means for other market sectors and assets? Are you ready for one of the most dynamic investing environments we’ve seen since 1945 or earlier? Gold and Miners are showing very clear signs that the Depreciation cycle phase our researchers identified recently is strongly in place.
Precious Metals vs. Miners in a Depreciation Cycle Phase
Gold and Miners are showing very clear signs that the Depreciation cycle phase our researchers identified recently is strongly in place. Both Gold and the Mining sector have been rallying since early 2016. This rally initiated in the midst of an Appreciation cycle phase (between late 2010 and the end of 2019). The rotation between Appreciation and Depreciation cycle phases directly correlates with the underlying strength of the US Dollar, precious metals, and other market sector trends. At this point, the new Depreciation cycle phase means the global markets will transition away from Appreciation phase trends and into new defensive/sector rotation trends.
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Monday, January 04, 2021
A Year Like No Other for Precious Metals… and Everything Else / Commodities / Gold & Silver 2020
By: MoneyMetals
Well, it’s been a year like no other in so many ways. “Unprecedented” is an often-overused term. But there truly is no precedent for much of what transpired in public health, politics, the monetary system, the economy, and markets.
More than 300,000 Americans reportedly lost their lives while infected with COVID-19. Less widely publicized was a spike in deaths of despair due to lockdowns and related social ills that drove all too many into depression and drug addiction. Or the deaths that were caused, or will be caused, by Americans putting off or avoiding doctor’s visits.
America’s cities burned while the mainstream media egged on anti-police protests. In their aftermath, record surges in murders and other violent crimes followed across the country.
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Monday, January 04, 2021
An In- Depth Look At Gold Price Trend / Commodities / Gold & Silver 2020
By: Rambus_Chartology
Gold plays a duel role as a commodity and as a monetary metal which makes it important to keep a close eye on. During the early stages of a commodity bull market Gold will generally lead the whole complex higher. When the troops see the General leading they will feel more emboldened to have their turn at a bull market. We’ve seen this scenario playing out since the Spring of this year where most of the important commodities have bottomed out and are beginning their new respective bull markets. Gold actually bottomed in late December of 2015 while commodities continued in their bear markets into the Spring of 2020.
As a monetary metal some investors like to use Gold as a safe way to store wealth or as a hedge against inflation. Other investors like to have Gold in their portfolio in case the stock markets crash and the economy goes into a deep tailspin and never recovers again. One thing we do know is that Gold will always have a monetary value and not go to zero which is possible with an individual stock.
In this in-depth look at Gold we’ll look at it from the daily to quarterly charts, in bar and line charts and ratio combo charts which will paint the history for gold starting from the 1970’s to the present. When you finish reading this post you should have a strong understanding of where Gold has been and where it is likely to go based on the Chartology. There are no absolutes when it comes to the markets, but as we know history never repeats exactly the same but can rhyme to a certain degree.
Let’s start with a daily chart for Gold and then work our way out to the longer term charts and try to put all the pieces of the puzzle together to form a working scenario we can use to help guide us going forward. Without a game plan or working scenario one is left to the emotional destruction, from a psychological perspective, that ruins most investors that don’t have a true understanding of how markets work.
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Friday, January 01, 2021
Gold and Silver Supply/Demand Fundamentals for 2021 / Commodities / Gold & Silver 2020
By: MoneyMetals
The supply and demand fundamentals for precious metals markets got thrown into disarray this year, leading to heightened volatility – first on the downside, then on the upside.
Although gold and silver will finish 2020 below their highs for the year, gold is still headed for an annual return of close to 25%; silver around 45%.
Can hard assets investors look forward to further price appreciation in 2021?
Yes, but…there are some near-term risks to the favorable long-term supply/demand outlook.
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Thursday, December 31, 2020
Gold Price Seeks Direction as USDX Slips / Commodities / Gold & Silver 2020
By: P_Radomski_CFA
As of Wednesday (Dec. 30) morning, gold is range trading and remains more or less flat as it seeks momentum. As we wait for the precious metals to act on a catalyst, let’s also take a look at the Euro’s relation to the U.S. Dollar and how both impact gold.
Over the last 24 hours, the precious metals market did more or less nothing, despite the new daily decline in the USD Index. The latter is now testing its monthly and yearly lows, while the PMs are not. PMs – as a group – are not reacting to what should make them rally, and this is yet another bearish sign for the precious metals market.
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Tuesday, December 29, 2020
Buy Silver NOW! / Commodities / Gold & Silver 2020
By: The_Gold_Report
Peter Krauth provides the investment case for silver.
In many ways, most of us can't wait to put 2020 behind us and call it last year.
We've experienced a once-a-century global pandemic, infecting almost 80 million people. Lockdowns caused businesses to shutter and soaring unemployment, with massive economic consequences.
If you dig a little deeper, other costs include soaring debts and deficits worldwide. We're approaching an unfathomable $280 trillion in global debt. Governments and central banks have facilitated tens of trillions in stimulus spending this year alone, and it's far from over.
The U.S. is now passing its latest $900 billion stimulus bill, promising new stimulus checks, boosting unemployment, small business aid and funds for schools and universities.
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Monday, December 28, 2020
Gold, Silver, and SPY Trend Forecasts / Commodities / Gold & Silver 2020
By: Chris_Vermeulen
This second part of our special “What To Expect In 2021” article highlights our proprietary Adaptive Dynamic Learning (ADL) price modeling system and is specifically authored to help you understand where trends, price rotations, and risks may set up throughout 2021. In the first part of this article, we covered the ES, NQ, and INDU symbols – highlighting how each one of these US major indexes showed a moderately deep price correction would setup in Q2 or Q3 of 2021. The INDU showed the deepest correction event with a specific “ADL Price Anomaly” setup. This second part of the series will cover Gold, Silver, and the SPY.
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Saturday, December 26, 2020
Gold and Silver Precious Metals Yellow Flag / Commodities / Gold & Silver 2020
By: Rambus_Chartology
Most of the time during a bull market the short, intermediate and long term charts are pretty much in sync even during a consolidation phase. Consolidation patterns are needed to bring the overbought condition back to what is normal for a bull market. Consolidation patterns are notorious for wild swings both up and down to shakeout as many investors as possible before the next impulse move can begin again.
What you don’t want to see is a topping pattern such as a double top or H&S top as they are reversal patterns. It is normal to see SMALL double tops – bottoms or H&S reversal patterns at the reversal points in a big consolidation pattern, but you don’t want to see a big H&S top as a stand alone pattern especially after a strong impulse move.
Let’s start with the daily combo chart for the PM complex which shows the potential H&S bottom forming at the last reversal point in the August trading range. To be honest I don’t like today’s price action on this daily PM combo chart even though GLD, SLV, GDXJ, XGD.to and SIL are still holding support on the backtest to their necklines today. The other PM stock indexes have broken down below their respective necklines which is a warning sign the potential H&S bottoms may be failing. So far I view today’s price action as a yellow flag or warning sign to watch this area very closely.
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Saturday, December 26, 2020
Can Gold Price Shine Again With Dovish Powell? / Commodities / Gold & Silver 2020
By: Arkadiusz_Sieron
Fed Chair Jerome Powell sounded dovish during his press conference on December 16, where he gave a market update after the Fed’s monetary policy meeting. The Fed will remain accommodative for a long time, which should support gold prices.Last week was full of important events. First, both the Pfizer/BioNTech and Moderna vaccines received emergency-use authorization from the U.S. Food and Drug Administration . In consequence, the first COVID-19 vaccination in the United States has already taken place, which is great news for America, as it marks the beginning of the end of the pandemic.
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Tuesday, December 22, 2020
Silver Is Still Following Bitcoin Higher / Commodities / Gold & Silver 2020
By: Hubert_Moolman
Previously, I have shown how Bitcoin is leading silver higher, and vice versa. .
This makes perfect sense in these time, since it is all about the US dollar. Assets that offer a “safehaven” from US dollar meltdown will go higher in some sort of related pattern.
Here is an update on that analogue where Bitcoin is leading silver higher (you can find the analogue where silver is leading Bitcoin higher in the previous update):
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Tuesday, December 22, 2020
Alarming Developments in GLD ETF Reaffirms Need to Own PHYSICAL Gold / Commodities / Gold & Silver 2020
By: MoneyMetals
The world’s largest gold exchange traded fund (ETF) seems to be having a lot of trouble when it comes to accounting.
The SPDR Gold Trust (GLD) recently appointed its 6th chief financial officer since 2014. And the problem of finding and keeping executives who are willing to certify the Fund’s accounting does not appear to be the only reason for concern at GLD.
The timing of the most recent CFO departure is particularly troubling. Laura Melman left one day prior to the Fund’s financial year end.
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Saturday, December 19, 2020
Long Term Gold / US Dollar Cycles Show Big Trends For Metals / Commodities / Gold & Silver 2020
By: Chris_Vermeulen
In the first part of our US$ and Gold research, we highlighted the US Dollar vs. Gold trends and how we believe precious metals have recently bottomed while the US Dollar may be starting a broad decline. We are highlighting this because many of our friends and followers have asked us to put some research out related to the US Dollar decline. Back in November, we published an article that highlighted the Appreciation/Depreciation phases of the market. This past research article – How To Spot The End Of An Excess Phase – Part II – is an excellent review item for today’s Part II conclusion to our current article.
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Tuesday, December 15, 2020
Is the Vaccine a Game-Changer for Gold? / Commodities / Gold & Silver 2020
By: Arkadiusz_Sieron
The vaccines are coming – we’re saved! Although the arriving vaccines are great for humanity, they are bad for the price of gold.In November, Pfizer and BioNTech announced that their mRNA-based vaccine candidate, BNT162b2, had demonstrated evidence of an efficacy rate above 90% against COVID-19, in the first interim efficacy analysis. As Dr. Albert Bourla, Pfizer Chairman and CEO, said:
Today is a great day for science and humanity. The first set of results from our Phase 3 COVID-19 vaccine trial provides the initial evidence of our vaccine’s ability to prevent COVID-19.
Indeed, the announcement is great news! After all, the vaccine is the ultimate weapon against the virus. There’s no doubt that we will get the vaccine one day. Thank God for scientists – they are really clever people who work hard to develop a safe vaccine! Why can’t we have more of them instead of so many economists? As well, the pandemic triggered unprecedented global cooperation to develop a vaccine as quickly as possible. The funds are enormous, while the bureaucrats eventually decided to behave like decent human beings for once and eased their stance in order to speed up the whole process. Great!
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Tuesday, December 15, 2020
Beat the Coming ‘Taxflation’ Tsunami with Precious Metals / Commodities / Gold & Silver 2020
By: MoneyMetals
The final weeks of the tumultuous year that has been 2020 present opportunities for investors to get their financial houses in order ahead of the New Year.
Nobody knows what 2021 will bring. But new political risks are likely to emerge – including the threats of higher taxes and a more punitive IRS.
With control of the U.S. Senate still up for grabs pending runoff elections in Georgia next month, and the final outcome of the presidential race still in dispute, an environment of uncertainty will reign for the remainder of the year.
President Donald Trump continues to pursue a longshot campaign to rescind fraudulent election results in multiple states through the courts or state legislatures.
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Tuesday, December 15, 2020
How Will Gold Perform This Winter? / Commodities / Gold & Silver 2020
By: Arkadiusz_Sieron
Brace yourselves, winter is coming! It may be a harsh period for the United States, but much better for gold.Some of you may have seen snow this year already, but the astronomical winter is still ahead of us. Unfortunately, it could be a really dark winter. Instead of joyful snowball battles and making snowmen, we will have to contend with the coronavirus . The vaccines will definitely help (the first doses of Pfizer’s vaccine were administered this week), but their widespread distribution will begin only next year. So, we still have to deal with the pandemic taking its toll here and now – as the chart below shows, the number of daily COVID-19 cases is still above 200,000 in the U.S.
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Monday, December 14, 2020
Precious Metals: The Foundation of A Sound Financial Portfolio / Commodities / Gold & Silver 2020
By: Nick_Barisheff
Precious metals are the bedrock of the financial world. They have permanent value and are the oldest form of money in the world. If you don’t own physical gold and silver, your investment portfolio lacks a sound foundation. Precious metals are often sought after as a store of permanent value, and as a method of diversifying portfolios.
While cash, bonds, stocks and real estate offer investors financial diversification, precious metals underpin all other assets, particularly during times of economic turbulence and market turmoil.
Imagine an upside-down pyramid containing successive layers of asset classes.
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Monday, December 14, 2020
Big Down Day For Gold And Silver; More To Come? / Commodities / Gold & Silver 2020
By: Kelsey_Williams
After a recent spike to the upside over the past seven days, both gold and silver have turned negative again and could be headed back to their recent low points reached early in the day on Monday, November 30th.
The movement in both gold and silver is evident of a decided shift in trend direction to the downside. What happens after prices return to their recent lows could prove interesting; or downright discouraging if you are expecting a resumption of the trend to higher prices.
Silver at its recent reaction high point yesterday reached $24.80. At that point it was still down $5.00 per ounce from it August intraday high of $29.80. When silver touched $21.80 last week it represented a loss of more than twenty-five percent from its August peak.
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Sunday, December 13, 2020
Looking for Precious Metals Key Triggers / Commodities / Gold & Silver 2020
By: P_Radomski_CFA
The question on everyone’s mind is: when is it a good time to buy some gold or silver after they bottom? The answer to that question is simple: when key triggers are met. Count-trend rallies in gold or silver don’t mean that they have enough energy and momentum to keep climbing. Miners also don’t have enough strength to lead the way in a fresh climb upwards for the PMs, so everything we see now only speaks of corrective action.
Gold moved higher yesterday (Dec 8), while silver and mining stocks went in the opposite direction. It seems that the latter moved in tune with the trend, while the move in the former was rather accidental.
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Friday, December 11, 2020
Mission Accomplished: The Gold Bull Is Back / Commodities / Gold & Silver 2020
By: The_Gold_Report
Sector expert Michael Ballanger maintains the "golden bull is back," and in this missive he outlines the reasons why. As this is being penned, I am seated in my den just after 7 a.m. looking out into the pitch darkness of an early December morn and the only light is a reflection off the cool waters of the lovely swamp Lake Scugog emanating from the bustling metropolis known as Port Perry. I can hear the distant rumbling of cars and trucks all along the causeway on their way to destinations that have surely changed from what and where they were one year ago.
With warranted affection, it gives me great hope in watching my fellow small-town citizens carrying on with pre-Christmas traditions, decorating the eaves with festive lights and animated front-lawn symbols that go back centuries. The will to survive and spit in the eye of the current public health crisis (which is rapidly morphing into a civil obedience crisis) gives me time to reflect upon the events of the past year. In case you haven't noticed, in the blink of an eye, 2020 will soon be gone, and to this I say, "Good riddance!"
Furthering that sentiment, I normally take the first week of December to conduct a self-audit of the year in review, largely because by this time there is not a great deal one can do to enhance one's portfolio performance. You have either had a good year or you have had a bad year, and with markets winding down into mid-month, volumes and volatility are going to be significantly reduced and trading opportunities disappearing up the proverbial chimney.
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Friday, December 11, 2020
Silver is Back! / Commodities / Gold & Silver 2020
By: The_Gold_Report
Peter Krauth explains why he believes silver is heading into a massive bull market. It's getting harder with every passing day to find cheap assets.
Stocks, bonds, real estate, they're all pretty pricey. And yet, no one seems to care.
Instead, the masses, and asset managers, appear determined to keep pushing them higher.
In recent days, the S&P 500, the Dow 30 and the Nasdaq all set new records. And yet, it's not difficult to imagine that, at least over the next 6–12 months, these indices could easily all head higher.
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