Category: Gold and Silver 2016
The analysis published under this category are as follows.
Friday, January 06, 2017
The Gold Market in 2016 / Commodities / Gold and Silver 2016
By: Arkadiusz_Sieron
How can we summarize the last year in the gold market? First of all, it was a mixed year for gold. The first half of 2016 was excellent for the yellow metal. Actually, the several-month long bull market in gold started in December 2015, when the shiny metal found a bottom at $1,049, after the FOMC historical meeting and the first interest rate hike for almost a decade. From then, the shiny metal made higher highs and higher lows, reaching a peak at $1,366 at the early July in the aftermath of the British referendum on the withdrawal from the EU. Gold was one of the best performing assets that time, and gained about 30 percent, as one can see in the chart below.
Tuesday, December 27, 2016
Gold Price Due for a Bounce, But Remains in Long-term Bearish Trend / Commodities / Gold and Silver 2016
By: Submissions
Bruce Powers writes: Spot gold (XAU/USD) remains in a long-term downtrend following a test of resistance at the long-term downtrend line over multiple weeks from July to September, and then again in November. A swing high of $1,375.15 was reached during that time, which was also a 2016 high and the highest price since March 2014.
Sunday, December 25, 2016
Gold As A Percentage Of Global Financial Assets / Commodities / Gold and Silver 2016
By: I_M_Vronsky
In 2014 Total Global Assets Topped $105 TRILLION (i.e more than $105,000,000,000,000)
An astronomical amount by any standards. Interestingly, only a small fraction of this monumental amount has been allocated to gold investments. Here below is the record of gold investments since 1980. To be sure a brief history of gold investment demand will indubitably put our analysis into sharp perspective.
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Saturday, December 24, 2016
US Dollar Euphoria and Gold / Commodities / Gold and Silver 2016
By: Zeal_LLC
The US dollar has rocketed higher since early November’s US presidential election, rivaling the massive gains seen in the stock markets. With the world’s reserve currency catapulted to extreme secular highs, dollar euphoria has naturally exploded. Traders are overwhelmingly betting the dollar’s strong upside will continue. But this greed-drenched currency looks very toppy and ready to fall, which is very bullish for gold.
Saturday, December 24, 2016
Deutsche Bank Settlement: Seasonal Intraday Charts Provide Evidence for Gold Market Manipulation / Commodities / Gold and Silver 2016
By: Dimitri_Speck
Answer UBS trader: "yeah, we smashed it good."
Deutsche Bank is a defendant in more than 7,000 lawsuits worldwide. In two of them it has recently agreed to settlements and is prepared to pay tens of millions of US dollars in restitution and fines. This includes the settling of lawsuits over gold and silver price manipulation. Associated court proceedings against other financial institutions are still underway.
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Wednesday, December 21, 2016
How to Get a Firm Handle on Gold's Ups and Downs / Commodities / Gold and Silver 2016
By: EWI
Watch the yellow metal's price pattern to anticipate key junctures
By Elliott Wave International
[Editor's Note: The text version of the story is below.]
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Monday, December 19, 2016
Federal Reserve and Stronger Real Rates Cause Breakdown in Gold / Commodities / Gold and Silver 2016
By: Jordan_Roy_Byrne
Gold and gold mining stocks were setting up for a rebound until the market suddenly priced in tighter policy from the Federal Reserve. Both nominal and real yields surged and that pushed an already oversold sector below key support. Gold lost support in the mid $1100s while gold stocks (GDX) lost a critical support level. While the sector is oversold and likely to rebound as 2017 begins, the primary trend remains lower.
Friday, December 16, 2016
Radical Gold Under Investment / Commodities / Gold and Silver 2016
By: Zeal_LLC
Gold was again blasted to new post-election lows this week, further trashing contrarian sentiment. The Fed proved more hawkish than expected in its rate-hike-trajectory forecast, unleashing heavy selling in gold futures. This catapulted gold bearishness back up to extremes not seen in a year. Investors are once again convinced gold is doomed, and thus radically underinvested. That’s actually super-bullish for gold.
It certainly wasn’t the Fed’s second rate hike in 10.5 years this week that hammered gold. Actually that was universally expected. Federal-funds-futures traders had assigned it an average 96% probability in the two weeks leading up to that rate hike. If the Fed had simply raised its federal-funds rate by 25 basis points to a 0.50%-to-0.75% range, gold-futures speculators would’ve likely yawned. They knew it was coming.
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Thursday, December 15, 2016
Fed Raised Rates 0.25% – Rising Interest Rates Positive For Gold / Commodities / Gold and Silver 2016
By: GoldCore
The Federal Reserve increased interest rates by 0.25% as expected yesterday leading to gold falling to lows last seen in February 2016 and the dollar rising to its highest level against the euro in 14 years.
Gold actually settled higher at $1,163.70 for the day yesterday. However gold futures slid to $1,156.70 an ounce in electronic trading on the rate decision at 1400 EST and soon gold was pushed down 1.3% to 10 month lows after the decision in less liquid after hour markets.
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Thursday, December 15, 2016
Gold and Silver Now What ? / Commodities / Gold and Silver 2016
By: Rambus_Chartology
I had a completely different post in mind for tonight, but the action in the PM complex has changed my mind. Since the US elections the PM complex has had a hard go of it trapping many bulls in their long positions. The magnitude of this decline especially in gold has been unrelenting in nature, which is how a bull trap is set. Just a short five weeks ago all looked good for this sector as it had one of the biggest rallies in history off the January low for the PM stocks. There wasn’t anything to suggest that five weeks ago the plunge was coming, but since then, there have been many clues that all was not right with the PM sector.
Wednesday, December 14, 2016
The Silver Tsunami / Commodities / Gold and Silver 2016
By: Dr_Jeff_Lewis
At this point in the cycle, the silver market should be relatively easy for the average person to enter. Prices are beginning to move back toward natural supply and demand equilibrium, as large disruptions are occurring between the positioning of dominant futures speculators that have kept futures prices entrapped for nearly 6 years.
Wednesday, December 14, 2016
Take Advantage of Gold, Silver, Platinum and Palladium Different Seasonal Trends / Commodities / Gold and Silver 2016
By: Dimitri_Speck
Prices in financial and commodity markets are exhibiting seasonal trends. This applies to the precious metals gold, silver, platinum and palladium as well.
The chart below depicts the seasonal trends of the gold price over a time period of 45 years.
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Wednesday, December 14, 2016
Shariah Gold Standard Is “Revolutionary” – Mark Mobius / Commodities / Gold and Silver 2016
By: GoldCore
One of the world’s leading investors, Mark Mobius told a gold conference in Dubai that the new ‘Shariah Gold Standard’ is both “innovative and revolutionary” and importantly will bring “transparency” to the physical gold market which suffers from a lack of trust.
Tuesday, December 13, 2016
Deutsche Bank Turns Over Proof of Metals Price Rigging / Commodities / Gold and Silver 2016
By: MoneyMetals
Some say there is honor among thieves. Perhaps, but apparently not among the banking class of criminals when they are under serious legal and regulatory pressure.
German behemoth Deutsche Bank agreed last spring to assist plaintiffs and regulators by ratting out their co-conspirator banks in a wide-ranging scheme to rig prices and cheat clients.
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Monday, December 12, 2016
Buying Gold Into A Fed Hike: As Dumb As It Sounds? / Commodities / Gold and Silver 2016
By: Bob_Kirtley
The Fed will hike rates this week. The US Dollar is strengthening. Fiscal policy is about to ignite economic growth. The ECB has reduced its rate of QE purchases. It doesn’t sound like now is the time to be buying gold, does it? And yet, the setup is remarkably similar to this time last year, before the yellow metal put in a near 30% rally. What matters most is not what will happen, but what will happen relative to expectations. It is fair to say that the market has some lofty expectations built in at present, which is why it could be a case of buying the rumour and selling the fact over coming months.
Monday, December 12, 2016
Gold and Gold Stocks Setup for Post-Fed Rally / Commodities / Gold and Silver 2016
By: Jordan_Roy_Byrne
Gold and gold mining stocks have been very oversold but have struggled to rally. The sector looked to be starting a rebound until Friday's decline which pushed Gold to a new low. However, positive divergences remain in place as gold stocks and Silver remain above their recent lows. While the Federal Reserve could say something hawkish next week, the setup continues to favor a rebound in the precious metals sector rather than an immediate decline to new lows.
Saturday, December 10, 2016
Gold Fools, US Dollar Bulls and The Long Term Outlook for Both Markets / Commodities / Gold and Silver 2016
By: Sol_Palha
Many experts penned numerous articles this year proclaiming that the Gold market was ready to take off and that 2016 would be the year that the Gold bull resumed its upward trend. They spoke of our high debt, a weak economy and listed a plethora of reasons as to why Gold was ready to soar. Needlessly to say, their fear mongering proved to be fruitless for instead of taking off, Gold nose dived. Early in the year we stated that we did not expect much from Gold this year; we wrote several articles but will highlight points from one of them as it adequately sums our overall theme for 2016.
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Saturday, December 10, 2016
Gold and Silver, Just the Facts Man / Commodities / Gold and Silver 2016
By: Rambus_Chartology
This first precious metals combo chart is one I try to show you at least twice a week so you can follow the price action as it’s unfolding in real time. Except for SLV the other indexes have now traded below their respective neckline for five weeks now. If you look at the sidebar you can see which sectors are doing the best and which ones are weakest. As you can see GLD has been by far the weakest of the four while SLV has been the strongest. To negate these H&S tops we would need to see the price action close back above the necklines. The necklines are your lines in the sand, above is bullish and below is negative.
Friday, December 09, 2016
Gold Futures Selling Exhausting / Commodities / Gold and Silver 2016
By: Zeal_LLC
Gold has suffered brutal, withering selling pressure in the month following the US presidential election. The stock markets’ surprise surge after Trump’s surprise win has led speculators and investors alike to rush for the gold exits. As usual the former group’s extreme selling came largely through gold futures. But this gold-futures dumping has been so severe that it is rapidly exhausting itself, a bullish omen for gold.
Friday, December 09, 2016
ECB ‘Bazooka’ Extended – Will Buy EUR 60 Billion Per Month Until At Least December 2017 / Commodities / Gold and Silver 2016
By: GoldCore
The ECB’s ‘Bazooka’ is back and ‘Super Mario’, the European Central Bank’s monetary magician did not disappoint QE addicted markets yesterday by extending ultra loose monetary policies and quantitative easing until at least December 2017.
The euro fell and gold rose 1.1% in euro terms from €1,090/oz to €1,102.85. Stocks globally moved higher, and European stocks look set for their best week since February, supported by the extended ECB currency printing and a calm, some would say complacent and irrationally exuberant, reaction to the Italian referendum.
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