Category: Gold and Silver Stocks 2016
The analysis published under this category are as follows.Saturday, February 06, 2016
Gold Stocks Something has Changed / Commodities / Gold and Silver Stocks 2016
In our missive last week we noted that:
Read full article... Read full article...While good things are happening under the surface for Gold, its lack of a strong rebound in recent months argues that such a rebound is in the future but not imminent. Gold's steady downtrend could resume in the next week or two.
Friday, February 05, 2016
Gold Stocks Sector: Rubber, Meet Road / Commodities / Gold and Silver Stocks 2016
You may have noticed that I have written relatively little publicly about the gold sector over the last few years (we have covered it consistently in NFTRH to keep subscribers aware of the bear’s status, and protected against it). Is that strange for a writer who was probably known first and foremost as a ‘gold guy’? Not at all! It’s just that it is not desirable to get bogged down obsessing on a sector in a bear market when there are other fish to fry on the global macro landscape. But the process of finding and confirming a bottom in the gold sector is now front and center as more of the fundamentals that actually matter come into place. To those fundamentals, we need to marry the technicals.
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Friday, February 05, 2016
Senior Gold Producer Goldcorp Takes Large Stake in Nevada's Gold Standard Ventures / Commodities / Gold and Silver Stocks 2016
When Gold Standard Ventures announced on February 1 that Goldcorp would be investing CA$16.1 million for 9.9% of the junior's shares, industry watchers took notice. In this analysis written exclusively for Streetwise Reports, Thibaut Lepouttre, editor of Caesars Report, speculates on why the major acted when and where it did, and what it might mean for the future.
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Thursday, February 04, 2016
Gold and Stock Markets Inflection Points Galore / Commodities / Gold and Silver Stocks 2016
There is alot of action going on this week in all the different areas of the markets. The PM complex has been rallying, the US dollar tanking today and the stock markets trying to make up their mind which way they want to go in the short term. I have a ton of work to do on the side bar where all the trades are listed so I'm going to show you what I would like to see happen in regards to the HUI, gold and silver.
If the PM complex is bottoming in here it has to show us its hand. There is no way around it. Usually when a bottom or top is formed the first move out of the reversal pattern, after a possible backtest, should be very strong or impulsive in nature. The bigger and stronger the move is the better. Below is a weekly chart for the HUI with few annotations on it so you can see the clean picture. Most of the time you will either see some type of H&S reversal pattern or double top or bottom reversal pattern.
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Thursday, February 04, 2016
HUI Now Confirming Gold Price Move Higher / Commodities / Gold and Silver Stocks 2016
The comatose mining stocks finally came to life today and showed signs of some determined buying, something that has been missing in the recent leg higher in the gold market.
From a technical analysis perspective, the fact that they were able not only to breach that stubborn band of resistance near 125 which has kept them in check, but also managed to soar through the mid-July 2015 low near 128 is very impressive.
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Thursday, February 04, 2016
A Giga Breakout In A Mid-Sized Gold Miner / Commodities / Gold and Silver Stocks 2016
Gold has broken through its important resistance point at $1,130 USD/oz. That is an important price point, as it coincides with gold’s 200 day moving average and the midpoint in the trend channel that started in July of 2013 (see first chart).
We have published our gold price chart several times, but it remains a spot-on chart. Below is the latest version. As clearly seen, major resistance kicks in around $1,210 USD/oz, which is 6.1% above today’s closing price. If gold manages to break through that level, we believe a major trend change would be underway.
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Friday, January 29, 2016
US Stock Market & the Gold Sector Analysis / Commodities / Gold and Silver Stocks 2016
To review our stance, which is years along now, the gold sector is not going anywhere until it becomes widely accepted that developed stock markets, including and especially those in the US, are in bear cycles. We have also drawn analogies to the Q4 2008 event that took place in what felt like a nanosecond compared to today’s long, drawn out process. For this reason, a better ‘comp’ has been the 1999 to 2001 time frame. That was a process as well.
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Saturday, January 23, 2016
Gold Will Go to $5,000 In Next Cycle... Best Time in History to Buy Gold Stocks / Commodities / Gold and Silver Stocks 2016
Ed Bugos is one of the most renowned gold mining analysts in the world, with billionaires often consulting with him on prospective mines.
He’s also one of the most reclusive. While he has been writing online since the early 2000s, he has never been recorded in an interview. Until now!
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Friday, January 22, 2016
Gold Stocks Absurd Price Levels / Commodities / Gold and Silver Stocks 2016
Gold stocks remain the pariah of the investment world. Despite gold’s strong early-year gains, the stocks of its miners have slumped to new secular lows. This whole forsaken sector continues to languish at fundamentally-absurd price levels, an extreme anomaly that is long overdue to start unwinding. The gold miners will be bid massively higher to reflect their impressive profitability even at today’s dismal gold prices.
Just this week, the flagship HUI gold-stock index plunged to a major new secular low. On Tuesday as gold merely slid 0.3%, the HUI plunged 5.6% to 100.7. This was an astounding new 13.5-year secular low, reeking of capitulation since gold’s price action certainly didn’t justify such a disastrous reaction in its miners’ stocks. That left already epically-bearish gold-stock sentiment even worse, which is hard to believe.
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Thursday, January 21, 2016
Gold Stock Set Up In 1 Chart Cartel~BusterĀ® !, For You / Commodities / Gold and Silver Stocks 2016
LAST time we got a very nice signal, say Nov 5-9th, we spent about 5 or 6 market sessions in limbo before the GDX (dashed gold line) price responded fully, although individual stocks responded, some faster (AEM), some slower (AUY).
Today provisional signal is not really any different. Each panel on this chart of my proprietary measure “CARTEL~BUSTER® !, contains its own Tripwire Zones, for buying and selling. Either or both works well. Thus the bottom panel is a bit faster for shorter trades.
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Thursday, January 21, 2016
US Dollar Drop Gold Price Rally / Commodities / Gold and Silver Stocks 2016
Once the dollar starts to drop into its intermediate cycle low in earnest gold should produce an intermediate degree rally
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Monday, January 18, 2016
Gold and Silver Mining Stocks Bottom ?..Do they Ring a Bell ? / Commodities / Gold and Silver Stocks 2016
Today I would like to take a look at the PM complex as there are some interesting charts building out. Please don’t confuse this report with what Sir Spock, Sir Norvast and others are doing at the Chartology Forum as they’re looking for undervalued PM stocks that will be ready to buy when the time is right. In some cases the time might be now as a few of the PM stocks are holding support. In the vast majority of the cases though, excluding some of the Australian and a few South African PM stocks, most are still under pressure. So for some folks who like to get in a little early and have the patience to wait for the bear market to exhaust itself, one can start picking up a few shares of their favorite PM stocks and see what happens. There won’t be a bell go off at the bottom I can assure you of that.
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Friday, January 15, 2016
Silver & Gold Stocks Dangerously Close to Breakdown / Commodities / Gold and Silver Stocks 2016
The fledgling rebound in the precious metals complex suddenly reversed course. Since the intraday peak last Thursday, gold stocks (GDX and GDXJ) declined about 13% while Gold lost $1100/oz and today (Thursday) $1080/oz. Silver, which did not mount much of a rebound to begin with remains mired below $13/oz. Gold is showing increasing relative strength (as we noted last week) and that is a good thing. However, the poor performance from Silver and sudden sharp reversal in the gold miners signals that the sector is on the cusp of making new lows.
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Tuesday, January 12, 2016
Stock Market Rally is Running Out of Time / Stock-Markets / Gold and Silver Stocks 2016
Odds are running high that the retracement rally may be over already. SPX appears to have completed a 23.6% retracement and may be ready to resume its decline. Note the reversal in the RSI at 50. This is another possible signal of a strong decline (Waves 3 or C).
Confirmation is not yet in. We must see the 2-hour chart show the SPX price level stay below 1927.65 and below the daily Cycle Bottom at 1926.30.
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Sunday, January 10, 2016
The Dot Plot, Treasuries and the Gold Stocks TSX.V / Commodities / Gold and Silver Stocks 2016
The Federal Reserve has finally raised their target for the Fed Funds rate. In a unanimous vote members decided to raise rates by 25 basis points to 0.25 - 0.50 per cent. It was the first hike since June 2006 when then Fed head Ben ‘helicopter’ Bernanke increased the benchmark rate from 5 to 5.25 percent.
How far and how fast will the Fed's rate-hike cycle go? Maybe Federal Reserve members themselves can tell us that…
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Thursday, January 07, 2016
Why are Gold Stocks Outperforming? / Commodities / Gold and Silver Stocks 2016
Even a cursory review of U.S. stock market indices over the past year shows sharp differences in the character of the first half of last year and the latter half. A clear discontinuity occurred in the path of that market. That a Part A and a Part B existed cannot be ignored. The fantasies and dreams of Part A were dashed in Part B. For whatever the reason, the character of markets changed.
Table that follows shows end of July 2015 values for a number of market indices and investments, the recent value for the same, and the percentage change for that period. One question comes to mind after reviewing this table. Why are the Gold stocks outperforming?
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