Category: Gold and Silver 2014
The analysis published under this category are as follows.
Tuesday, March 25, 2014
Gold and Silver Price Breakdown Confirmation / Commodities / Gold and Silver 2014
By: P_Radomski_CFA
Briefly: In our opinion short speculative positions in silver (half) and mining stocks (full) are justified from the risk/reward perspective.
Friday was generally a calm day in the precious metals market and for the currency indices. The initial moves higher (in the early part of the session) were mostly invalidated later on and overall not much changed at the first sight. On second look, the lack of rally confirmed the breakdown in mining stocks. Let's take a look (charts courtesy of http://stockcharts.com):
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Monday, March 24, 2014
The Run On U.S. Gold Continues.... / Commodities / Gold and Silver 2014
By: Steve_St_Angelo
So where is China getting all of its gold? One of the large sources turns out to be the United States. The U.S. experienced another record year of net gold exports in 2013. Not only were gold exports at record levels, imports into the U.S. fell nearly half compared to 2010.If we look at the chart below, U.S. gold exports in 2010 were 383 metric tons (mt), however by 2013, they increased 81% to 692 mt. In addition, U.S. gold imports fell 48% from 604 mt in 2010 to 313 mt in 2013.
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Monday, March 24, 2014
Gold Golden Double Cross and Gold Miner Breadth Oscillator / Commodities / Gold and Silver 2014
By: Submissions
Denaliguide Summit writes: GOLDENLY DOUBLE CROSSED & "ROYALLY SCREWED"?
Just like one of the hopeless heroines ("Reign", Episode 13) in a TV series I think we the PM Investing Public have been nakedly screwed in front of the entire world, looking on and snickering as we lie there supine and helpless as the KING OF FRAUDS, CRIMEX, IMO, has his way with us. The KING of FRAUDS has been painting a picture for everyone to see, whilst debauching every PM Investor with every price it paints.
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Monday, March 24, 2014
Profit from the End of the Secret Gold Price "Fix" / Commodities / Gold and Silver 2014
By: Money_Morning
Peter Krauth writes: For nearly 100 years the London gold price fix has been widely used as an industry benchmark.
Its goal was to determine a price for gold that bullion dealers, jewelers, miners, and central banks could use to value their metal.
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Monday, March 24, 2014
Gold Golden Cross Is Not Always a Positive Indicator / Commodities / Gold and Silver 2014
By: Bob_Kirtley
An exciting major event is about to occur in the precious metals arena this very week and you will no doubt see many references to it and that is formation of Golden Cross. Gold bugs including me will be looking for this event to become the ignition for gold to rally to much higher ground.
We will commence with a definition of a Golden Cross as defined by Stockcharts.com: A signal where the shorter moving average moves above the longer moving average. Usually, this term is associated with the 50-day moving average crossing above the 200-day moving average.
Monday, March 24, 2014
Inflection Points for Gold, Silver and the U.S. Dollar / Commodities / Gold and Silver 2014
By: Rambus_Chartology
As we all know last week was a tough week in the PM sector. The real question we have to ask is whether this was just a short term correction in the uptrend that started at the December low or is this the end of the three month rally? We’ll look at some charts to see if we can answer this question.
Lets start with the BPGDM chart that I showed you last week which was real close to giving a sell signal. We were just waiting for the 5 dma to cross below the 8 dma to confirm the sell signal. We got that last Friday so it’s officially on a sell signal now. The red circle shows the BPGDM is down to 36.67 with the 5 dma at 39.33 and the 8 dma now the highest at 40. This is the alignment we want to see for a sell signal.
Sunday, March 23, 2014
Gold Price is Likely to Keep Rallying / Commodities / Gold and Silver 2014
By: Investment_U
Steve McDonald writes: If you have followed me for any amount of time, you know I am all over anything that has to do with food: seed, fertilizers, chemicals, processors. You name it, I like it.
The newest name in this absolutely essential worldwide business is FMC Corp. (NYSE: FMC). They are about to split their company into two segments. The new company will be made up of their fast growing agricultural side. The remaining business will be the more cyclical lithium and soda ash operations.
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Saturday, March 22, 2014
Gold and Silver Hunger Games / Commodities / Gold and Silver 2014
By: Jesse
Last night Nick Laird showed me some excellent original data analysis from his site, Sharelynx.com, that demonstrates that a decline in the price of gold during an FOMC week is no sure thing, but more normally distributed. And we have to balance that against a different, and much less statistically robust graph, that was on ZH, and which I also presented here, that clearly showed declines in FOMC weeks, and no similar declines in off weeks, but for a much shorter period of time.
Saturday, March 22, 2014
Gold And Silver - For Strong Upside Movement Experts Continue To Be Wrong / Commodities / Gold and Silver 2014
By: Michael_Noonan
From our perspective, the charts reflect the reality of the unreal within the ruling Western elites that continue their financial stranglehold over every Western government, at a minimum, and through their central banks dictating how governments are to rule the governed, aka those enslaved into the system. [We will deal with how charts are the best read, later in the commentary.]
Actually, "the system" is an apt way of describing how the Rothschild formula has spread its dominating tentacles into every aspect of everyone's lives. Formula: Control all the money, control the government. Control the government, control the world. This diabolically simple plan has worked right from the outset. Rothschild was an incredibly astute businessman.
Saturday, March 22, 2014
Suing JPMorgan and the COMEX / Commodities / Gold and Silver 2014
By: GoldSilverWorlds
Ted Butler writes: I’ve had some recent conversations with attorneys who were considering class-action lawsuits regarding a gold price manipulation stemming from reports about the London Gold Fix. I told them that while there is no doubt that gold and, particularly, silver are manipulated in price, I didn’t see how the manipulation stemmed from the London Fix. I wished them well and hoped that they may prevail (the enemy of my enemy is my friend), because you never know – if the lawyers dig deep enough they might find the real source of the gold and silver manipulation, namely, the COMEX (owned by the CME Group) and JPMorgan.
So I thought it might be constructive to lay out what I thought a successful lawsuit might look like, although I’m speaking as a precious metals analyst and not as a lawyer. I’ll try to put the whole thing into proper perspective, including the premise and scope of the manipulation as well as the parties involved.
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Friday, March 21, 2014
Ukraine Crisis Implications For Gold / Commodities / Gold and Silver 2014
By: Alasdair_Macleod
There is a fascinating story from Robert Peston, the BBC's business editor about his interview with Hank Paulson, who was the US treasury secretary at the time of the Lehman crisis. Paulson said that he was told by the Chinese that they had a message from the Russians suggesting they club together to drive down the prices of Fannie and Freddie "to maximise the turmoil on Wall Street". The Chinese declined, but in doing so they made sure the Treasury was aware that China and Russia know that between them they have the power to break western capital markets.
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Friday, March 21, 2014
Gold and Silver Probability, Predictability, Price and Forecasting / Commodities / Gold and Silver 2014
By: Dr_Jeff_Lewis
Investors and observers watching the drama unfold in the Ukraine should not be surprised at the short price action of the precious metals, mainly gold and silver. Throughout the crisis (and as matter of record with practically every other crisis) the metals are driven down by a system that becomes more sophisticated each day.
The ramifications and consequences of events in the Ukraine and Crimea are dire and easy to imagine. These ramifications radiate and dovetail with the multitude of other potential and current hot spots in other energy strategic areas of the world.
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Thursday, March 20, 2014
Gold and Silver - Another Triumphant FOMC Day / Commodities / Gold and Silver 2014
By: PhilStockWorld
There was intraday commentary on the Fed Statement here, and some comments on the nature of the Fed's policy error in the US equity charts and review here.
There is an option expiration for stocks on Friday, and I suspect that call option owners of the mining companies and various related metals products got quite a ride today.
Wednesday, March 19, 2014
Gold and Silver Price Fall on Huge Volume / Commodities / Gold and Silver 2014
By: P_Radomski_CFA
Briefly: In our opinion short speculative positions (half) in silver and mining stocks are justified from the risk/reward perspective.
The precious metals sector declined yesterday, which was likely to happen regardless of many factors pointing to a different conclusion, or simply because the precious metals sector was overvalued. The question is if we (charts courtesy of http://stockcharts.com) think that lower precious metals values are likely:
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Tuesday, March 18, 2014
Interest Rates - Is Yellen Fishing for Gold? / Interest-Rates / Gold and Silver 2014
By: Axel_Merk
If interest rates are supposed to be on the rise, why has the price of gold gone up so much this year? Is it merely because it is bouncing back after a sharp decline in 2013? We have a closer look at the link between gold and interest rates to gauge how investors may want to approach the bait provided by the Fed.
Tuesday, March 18, 2014
Gold and the Brave New Deviant World / Commodities / Gold and Silver 2014
By: DeviantInvestor
Consider our economic world from two perspectives:
- The Deviant View - as represented by those who visit deviantinvestor.com, read alternate media, are skeptical of the "official" news, and who critically examine the financial world.
Monday, March 17, 2014
Can Gold and Interest Rates Move Higher at the Same Time? / Commodities / Gold and Silver 2014
By: Matt_Machaj
Can the gold price be fundamentally related to some other economic variables? Can we use those variables successfully in trying to predict the future price of gold? Is gold highly correlated with any of those variables?
Last year a very insightful and interesting working paper was published in the webpages of the National Bureau of Economic Research by Claude Erb and Campbell Harvey. The paper is mostly about gold being perceived as either a safe haven or an inflation hedge. After a while it sparked various discussions about gold not being what it is thought of. And rightly so. As we have already mentioned many times in the Market Overviews, gold is not historically an inflation hedge device which will protect you against possible inflation. Of course the special case for the gold price could be a hyperinflationary scenario.
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Monday, March 17, 2014
Gold Price Moves Into Important Fibonacci Zone / Commodities / Gold and Silver 2014
By: Gregor_Horvat
Gold is at the highs once again, testing 1380-1400 area where we see some important Fibonacci levels that could react as resistance in this week. An updated count now shows a five wave move in wave (c) of C that is in final stages after recent break out of a running triangle in subwave four.
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Monday, March 17, 2014
Three Breakouts in Gold and Silver Stocks / Commodities / Gold and Silver 2014
By: Rambus_Chartology
I’ve shown you several comparison charts with the HUI, GLD and SLV that shows they all tend to breakout at roughly the same time. One can sometimes be stronger than the others but they tend to breakout at the same time. This week was no exception. All three broke out of their consolidation patterns this week. Who would have thunk it.
Monday, March 17, 2014
Gold’s Protection Against Counterparty Risk Is Coming Alive / Commodities / Gold and Silver 2014
By: GoldSilverWorlds
History repeats itself. Although it does not repeat exactly in the same way, it rhymes. Consider this, exactly one year ago, on March 16th, Cyprus reached the newswires globally with the announcement of its bank bail-ins.
One year later, the geopolitical escalation between Ukraine and Russia is front stage. Just moments ago, the long awaited referendum in Crimea resulted in an overwhelming 95% of votes to join Russia, according to Reuters. The Western world, even before the closing of the referendum, has officially stated that it denies the results.
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