Category: Gold and Silver 2017
The analysis published under this category are as follows.
Tuesday, March 07, 2017
Fake Gold Coins Warning - “Pure” Gold Coins that are Gold Plated, Collectibles and eBay / Commodities / Gold and Silver 2017
By: GoldCore
Gold Investing 101 – Beware eBay, Collectibles and “Pure” Gold Coins that are Gold Plated (Part I)
- Investors looking to gold again but gold buyers need to exert caution
- ‘Wolves of Wall Street’ ready to hungrily gobble up life savings of unsuspecting ‘widows and orphans’
- Like all markets are few bad apples in gold market
- Need to do due diligence on company buying from
- Avoid companies marketing gold plated coins as “pure gold” coins
- Collectible coins do not capture the value of gold and are not safe havens
- Not liquid and pricing similar to art market
- Own gold bullion coins as insurance, to reduce counter party risk and to preserve wealth
Tuesday, March 07, 2017
China’s Domestic Problems Are Good News for Gold Investors / Commodities / Gold and Silver 2017
By: John_Mauldin
In 1978, one year after taking control of impoverished China, Deng Xiaoping declared “to get rich is glorious.” Since Deng’s declaration, China’s per-capita GDP has grown by over 5,000%.
China is without question the biggest economic success story in recent history. However, rapid growth has come at a cost. China’s total debt/GDP ratio is now a staggering 277%—and the credit expansion is showing no sign of slowing. New bank loans in 2016 totaled $1.84 trillion—8% above the previous record.
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Monday, March 06, 2017
Why Gold Will Boom In 2017 / Commodities / Gold and Silver 2017
By: OilPrice_Com
As Trump sets out to ‘make America great again’, gold is back on everyone’s radar, gaining on widespread uncertainty and promises of high-level inflationary infrastructure spending. For our favorite precious metal, this is a euphoric time. Gold is great again, and all-American gold—even better.The world’s hottest mining belt right now is the U.S. state of Montana. With gold futures up 10 percent and spot prices up almost 7.5 percent in the first quarter, history is preparing to repeat itself with another gold rush.
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Friday, March 03, 2017
Silver On Sale – 4% Fall On Massive $2 Billion of Futures Selling / Commodities / Gold and Silver 2017
By: GoldCore
Silver fell a very sharp 85 cents from $18.40 per ounce to as low as $17.65 per ounce yesterday for a 4.25% price fall soon after the London bullion markets closed yesterday despite no market news or corresponding sharp moves in other markets.
Friday, March 03, 2017
Macroeconomic Outlook and Gold / Commodities / Gold and Silver 2017
By: Arkadiusz_Sieron
As everyone knows, the aftermath of the U.S. presidential election was a disastrous time for the yellow metal. However, gold rebounded at the beginning of 2017, gaining almost 6 percent in January and rising further in February, as one can see in the chart below.
Chart 1: The price of gold over the last year (London P.M. Fix).
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Thursday, March 02, 2017
The Myth of Gold Confiscation / Commodities / Gold and Silver 2017
By: Nick_Barisheff
If we experience a debt crisis, as many economists believe is inevitable, many people believe that their holdings of gold and silver bullion will be confiscated, just as in 1933. This article reviews the probability of confiscation and compares it to other more likely measures to generate government solvency.
An appropriate starting point when addressing concerns about gold confiscation is to define the word 'confiscation.' Merriam Webster says 'to seize or buy as if by authority' and 'to seize without compensation as forfeited to the public treasury.' Almost without exception, it is expropriation that is the actual risk, not confiscation. Confiscation, as in forfeiture, is usually the result of theft, treason, insurrection, war or genocide. Expropriation is defined as 'to take (property) of an individual in the exercise of state sovereignty' (Merriam Webster). The key difference between confiscation and expropriation is the appropriate compensation of the individual for the transfer of his or her property.
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Wednesday, March 01, 2017
Gold Pressured By Increasing Odds of March FED Rate Hike / Commodities / Gold and Silver 2017
By: Jason_Hamlin
The gold price has corrected by roughly $25 over the past few days. This pullback has been driven by increased odds of a Fed rate hike during March. Federal Reserve officials have been making hawkish comments lately, which has been supportive of the USD index and thus bearish for precious metals. After hitting a 2017 high of $1,265 on Monday, the gold price has since dropped back to $1240 today.
On Monday the odds of a March rate hike were around 40%, but they have since increased to around 70% to 80% today. New York Fed President William Dudley told CNNMoney on Tuesday that the case for raising interest rates is growing.
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Wednesday, March 01, 2017
Art Market Bubble Bursting – Gauguin Value Collapses 74% To $22 Million / Commodities / Gold and Silver 2017
By: GoldCore
– Art Market Bubble Bursting?
– Russian Billionaire Takes 74% Loss On “Investment”
– $85 Million Gauguin Bought By Dmitry Rybolovlev in 2008
– Christie’s auctioned the work at its evening sale in London
– Global art sales plummet, but China rises as ‘art superpower’
– China soon to dominates global art and gold market
– Art price volumes doubled since 2009
– As currencies debase super rich seek out stores of value
– Gold remains accessible store of value for all
– Stocks, bonds and many assets at record prices
– Gold half it’s real price in 1980
Wednesday, March 01, 2017
Gold – It’s Still All About The US Dollar / Commodities / Gold and Silver 2017
By: Kelsey_Williams
The US dollar is the world’s reserve currency. And that isn’t likely to change in any radical way, anytime soon. Unless there is some kind of calamitous implosion of the dollar. I am talking about outright rejection and repudiation. And that could happen. The problem is that there isn’t another currency that could likely take its place.
By the time that possibility becomes a reality, any possible candidates would likely be in worse shape. This includes the Euro and Chinese Yuan.
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Wednesday, March 01, 2017
NEW UNCOVERED INFORMATION: Why Central Banks Were Forced To Rig The Gold Market / Commodities / Gold and Silver 2017
By: Steve_St_Angelo
According to newly uncovered information in the gold market, it provides additional evidence of why the Fed, Central Banks and the IMF were forced to RIG the gold market. Actually, looking at this new information, I had no idea of the amount of Fed, Central Bank and IMF gold market intervention until I put all the pieces together.
Now, when I say “new information”, it pertains to new information and data that I dug up from older official documents. While most of the folks in the precious metals community realize that the Fed and Central Banks have sold gold into the market to depress the price, this new evidence puts the gold market it in an entirely DIFFERENT LIGHT.
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Monday, February 27, 2017
Will Gold Prices Finally Pull Back or Continue Marching Ahead? / Commodities / Gold and Silver 2017
By: MoneyMetals
Gold prices are up more than 11% since bottoming last December. Their gains last week took the gold market right up to its 50-week moving average. In 2015, attempted rallies reversed at the 50-week moving average. Could this level once again serve as a barrier to further price advances?
Either way, long-term gold bulls shouldn’t sweat this particular technical level. Major bull markets need to pull back and reconsolidate periodically.
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Saturday, February 25, 2017
POWERFUL GOLD & SILVER COILED SPRINGS: Important Charts You Have To See / Commodities / Gold and Silver 2017
By: Steve_St_Angelo
According to the fundamentals, gold and silver are severely compressed coiled springs looking for an opportunity to release their tremendous power. Yes, it is true, the precious metals still hold a great deal of power. Which is why their prices are constantly controlled by market intervention.
Of course, the market intervention of gold and silver didn’t start recently. Oh no, this has been going on for quite some time. Even though the Central Banks and Gadflies on the financial networks have been able to BAMBOOZLE the public into believing gold is a “Barbarous relic”, fundamentals and the laws of nature can’t be broken forever… as serious consequences normally follow.
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Saturday, February 25, 2017
Watch What Happens When Silver Price Hits $26... / Commodities / Gold and Silver 2017
By: MoneyMetals
Mike Gleason: It is my privilege now to welcome in our good friend David Morgan of The Morgan Report. David, thanks so much for joining us. It's great to have you on, as always. How are you doing so far here in 2017?
David Morgan: I'm doing pretty good, Mike. It's great to be on your show. Thank you very much.
Mike Gleason: Well, as we begin here, David, we're off to another solid start to the year in the precious metals markets. Things look quite similar today to where they did a year ago. We also saw some early momentum in 2016.
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Saturday, February 25, 2017
Gold Futures Buying Yet to Start / Commodities / Gold and Silver 2017
By: Zeal_LLC
Gold has powered higher in a strong new upleg since the Fed’s mid-December rate hike. But the core group of traders who usually fuel early-upleg gains has been missing in action in recent months. The gold-futures speculators have not done any meaningful buying since gold bottomed. This anomaly is a very-bullish omen for gold. Since these traders’ buying has yet to start, they need to do lots of catch-up buying.
Since the day after the Fed’s second rate hike in 10.5 years in mid-December, gold has surged 10.0% higher at best as of the middle of this week. Naturally these strong gains were really amplified by the gold miners’ stocks. The leading GDX VanEck Vectors Gold Miners ETF blasted 34.6% higher over that same short span, trouncing the broad-market S&P 500’s mere 1.4% gain! The gold sector is really shining.
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Friday, February 24, 2017
Gold, Second Fed Hike and Interest Rates / Commodities / Gold and Silver 2017
By: Arkadiusz_Sieron
The narration of reflation and ‘Great Fiscal Rotation' imply that the Fed will hike interest rates in a more aggressive way in a response to accelerated growth and higher inflation. We have already covered the Fed's likely policy in 2017 in the previous edition of the Market Overview, but let's discuss the impact of higher interest rates for the U.S. dollar and gold once again. It is widely believed that higher interest rates are bullish for greenback and bearish for the yellow metal. Is that really so? Some analysts do not agree with that opinion, pointing out that the U.S. dollar did not rally during Fed tightening cycles. Therefore, the hawkish Fed may be actually good for gold, they argue.
Friday, February 24, 2017
The Oscars – Worth Their Weight in Gold? / Commodities / Gold and Silver 2017
By: GoldCore
- 89th Oscars to air this weekend
- Oscars have been dipped in 24 karat gold since 1929
- If the Oscars were made of solid gold they would weigh 330 ounces
- 330 ounces of gold is worth $408,210 at today’s prices (nearly €400k & £330k)
- Only some $630 worth of gold in Oscar statue
- Oscars cannot be sold due to regulations
- Steven Spielberg keeps his gold Oscar with the Academy for ‘safe-keeping’
- Shows importance of owning gold in safest ways
- Price of gold has climbed from $20.67 since the first Oscars ceremony to over $1,237 today
Wednesday, February 22, 2017
The Best Reasons to Buy Gold in the Age of Trump / Commodities / Gold and Silver 2017
By: MoneyMetals
Notwithstanding the strong demand for gold and silver globally, buying activity in the U.S. retail market for physical bullion has fallen noticeably in the wake of Donald Trump’s election victory. And retail selling in the U.S. has increased. The bullion markets have entered a new phase.
The two terms of President Obama included the aftermath of the 2008 financial crisis, zero interest rate policy from the Federal Reserve, and multiple rounds of Quantitative Easing. Reasons to buy silver and gold were plentiful. Today, the reasons to diversify into gold and silver are as strong as ever, but they're perhaps less obvious to the average retail buyer in the U.S.
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Wednesday, February 22, 2017
Silver, The Return of Stagflation / Commodities / Gold and Silver 2017
By: DeviantInvestor
Steve St. Angelo wrote an insightful article relating the silver to gold ratio to the S&P 500 Index. I encourage you to read his articles and analysis.
My commentary on the silver to gold ratio:
The following graph shows the SI/GC ratio versus the S&P500 index beginning in August 1971 when President Nixon severed the final gold backing of the US dollar. Currency in circulation, debt, consumer cost of living, and most prices including gold, silver, crude oil, and the S&P rose in devalued dollar units.
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Wednesday, February 22, 2017
Gold: Short End US Rates Matter More Than Long End Real Yields / Commodities / Gold and Silver 2017
By: Bob_Kirtley
In the years following the GFC, short end yields in the US were contained for an extended period of time as the Fed committed to keeping rates on hold. Given the static nature of the short end, and the shift of monetary policy implications further out the curve through QE programs, long end US rates became the focus. When discussing the drivers of gold prices, long end US real rates (the yield on inflation protected bonds) was the critical factor. However over the past couple of years, the Fed has hiked rates twice, and we now have live meetings with an active short end. This has reduced the impact of long end real rates on gold, and instead shifted the focus to the short end. We now form our view on gold prices overwhelming based on short end rates, as opposed to long end yields. Our bearish view on gold prices is derived from a Fed hike in June.
Wednesday, February 22, 2017
2017 - A Sterling Year For Silver? / Commodities / Gold and Silver 2017
By: David_Morgan
I have spent most of my life watching, writing, speaking, trading, investing, and listening to almost any and everything to do with the silver market. Given this, there are several insights that you (the market) have provided me over and over again, at a level rising to conviction about many retail silver market participants.