Category: Gold and Silver Stocks 2017
The analysis published under this category are as follows.
Friday, December 29, 2017
Gold GDX ETF From One Inflection Point To Another / Commodities / Gold and Silver Stocks 2017
By: Avi_Gilburt
First published on Sunday Dec 24 for members of ElliottWaveTrader.net: Ever since we broke down below the upper support region back in early September, and invalidated an immediate break-out set up, we have been looking for the GDX to test the 21 region. It was a point of support which could complete the larger degree wave ii, and begin the long-awaited start to a major 3rd wave rally. And, if it broke, it opened the door to the 17-19 region for a larger degree wave ii bottom.
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Saturday, December 23, 2017
5 Charts That Show Historic Value in Gold Stocks / Commodities / Gold and Silver Stocks 2017
By: Jordan_Roy_Byrne
Back in early 2016 as precious metals rebounded, our work showed that gold stocks were arguably the cheapest they had ever been. They had the worst 5-year and 10-year rolling performance ever, they were trading at potentially 40-year lows on a price to cash flow basis, they were the cheapest ever relative to the stock market and Gold and most notably, the Barron’s Gold Mining Index was trading at the same level as 42 years ago! The gold stocks enjoyed a massive recovery in 2016 but it was short lived as the sector corrected and then consolidated (far from the highs) for over a year. Although we have a tendency to be too conservative at times, over a month ago we noted a historical pattern that bodes extremely well for gold stocks over the next few years. That outlook is reinforced by the continued historic value in the gold stocks as exhibited by the following charts.
Friday, November 17, 2017
Gold Mining Stocks Fundamentals Q3 2017 / Commodities / Gold and Silver Stocks 2017
By: Zeal_LLC
The gold miners’ stocks have spent months adrift, cast off in the long shadow of the Trumphoria stock-market rally. This vexing consolidation has left a wasteland of popular bearishness. But once a quarter earnings season arrives, bright fundamental sunlight dispelling the obscuring sentiment fogs. The major gold miners’ just-reported Q3’17 results prove this sector remains strong fundamentally, and super-undervalued.
Four times a year publicly-traded companies release treasure troves of valuable information in the form of quarterly reports. Companies trading in the States are required to file 10-Qs with the US Securities and Exchange Commission by 45 calendar days after quarter-ends. Canadian companies have similar requirements. In other countries with half-year reporting, many companies still partially report quarterly.
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Thursday, November 09, 2017
Negative Divergence in the Gold Stocks / Commodities / Gold and Silver Stocks 2017
By: Jordan_Roy_Byrne
After a severe selloff, precious metals have enjoyed a bit of a respite. Corrections are a function of time and/or price. The correction to the recent selloff has been more in time than than price. Metals and miners have stabilized over the past nine trading days but have not rebounded much in price terms. Gold has barely rallied $20/oz while GDX and GDXJ have rebounded less than 4% and 5% respectively. In addition to the weakness of this rally, the gold stocks are sporting a negative divergence and that does not bode well for an end of the year rally.
Friday, November 03, 2017
Gold Stocks Winter Rally / Commodities / Gold and Silver Stocks 2017
By: Zeal_LLC
The gold miners’ stocks have largely ground sideways this year, consolidating their massive 2016 gains. That lackluster trading action, along with vexing underperformance relative to gold, has left gold stocks deeply out of favor. But these uninspiring technicals and resulting bearish sentiment should soon shift. The gold stocks are just now entering their strongest seasonal rally of the year, the super-bullish winter rally.
Gold-stock performance is highly seasonal, which certainly sounds odd. The gold miners produce and sell their metal at relatively-constant rates year-round, so the temporal journey through calendar months should be irrelevant. Based on these miners’ revenues, there’s little reason investors should favor them more at certain times of the year than others. Yet history proves that’s exactly what happens in this sector.
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Sunday, October 22, 2017
Time for Caution in Gold Miners / Commodities / Gold and Silver Stocks 2017
By: Jordan_Roy_Byrne
Last week we noted the likely negative impact of a sustained rebound in the US Dollar on Gold. Recent weakness in precious metals has not been much of a surprise considering the sector’s relative weakness months ago amid a weak US Dollar. While the greenback has bottomed, it has yet to push above resistance at 94. Nevertheless, Gold and in particular the gold stocks are threatening more losses even before a push higher in the greenback. It is time to be defensive and cautious.
Sunday, September 10, 2017
Major Gold Mining Stocks Breakouts / Commodities / Gold and Silver Stocks 2017
By: Zeal_LLC
The gold stocks are off to the races again, with big gains mounting. They just staged major breakouts, shattering a vexing consolidation that had trapped them for an entire year. Such momentum early in gold’s strong season is a very-bullish portent. As higher prices improve both technicals and sentiment, buying begets more buying. With gold-stock prices still quite low in secular terms, their upside remains huge.
Gold stocks are a small contrarian sector without a wide following. So their latest surge has surprised many investors and speculators. But it shouldn’t have. In the markets knowledge is profits, so staying informed about gold stocks’ fundamentals, technicals, and sentiment is crucial. The traders who did their homework this summer and bought in low when few others were willing are now sitting on fat unrealized gains.
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Saturday, September 02, 2017
Silver Junior Mining Stocks 2017 Q2 Fundamentals / Commodities / Gold and Silver Stocks 2017
By: Zeal_LLC
The silver miners’ stocks have largely languished this year, grinding sideways near lows for months on end. This vexing consolidation has fueled near-universal bearishness, leaving silver stocks deeply out of favor. But once a quarter when earnings season arrives, hard fundamentals pierce the obscuring veil of popular sentiment. The silver miners’ recently-reported Q2’17 results reveal today’s silver prices remain profitable.
Four times a year publicly-traded companies release treasure troves of valuable information in the form of quarterly reports. These are generally due by 45 days after quarter-ends in the US and Canada. They offer true and clear snapshots of what’s really going on operationally, shattering the misconceptions bred by the ever-shifting winds of sentiment. There’s no silver-miner data that is more highly anticipated than quarterlies.
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Sunday, August 27, 2017
Gold Stocks Quietly Leading Gold Price / Commodities / Gold and Silver Stocks 2017
By: Jordan_Roy_Byrne
Welcome to the dog days of summer. The low volatility in precious metals continues. Janet Yellen or some other Fed heads said something Friday. Precious Metals sold off but quickly recovered. It appears that not much has transpired in recent weeks as precious metals have grinded higher, albeit slowly. However, while it may be a fledgling development, the miners appear to be leading Gold now.
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Saturday, August 26, 2017
Gold Junior Stocks Q2 2017 Fundamentals / Commodities / Gold and Silver Stocks 2017
By: Zeal_LLC
The junior gold miners’ stocks have spent months grinding sideways near lows, sapping confidence and breeding widespread bearishness. The entire precious-metals sector has been left for dead, eclipsed by the dazzling Trumphoria stock-market rally. But traders need to keep their eyes on the fundamental ball so herd sentiment doesn’t mislead them. The juniors recently reported Q2 earnings, and enjoyed strong results.
Four times a year publicly-traded companies release treasure troves of valuable information in the form of quarterly reports. Companies trading in the States are required to file 10-Qs with the US Securities and Exchange Commission by 45 calendar days after quarter-ends. Canadian companies have similar requirements. In other countries with half-year reporting, some companies still partially report quarterly.
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Monday, August 21, 2017
... / delete / Gold and Silver Stocks 2017
By: OilPrice_Com
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Sunday, August 20, 2017
Gold Mining Stocks 2017 Fundamentals / Commodities / Gold and Silver Stocks 2017
By: Zeal_LLC
The gold miners’ stocks have spent months adrift, cast off in the long shadow of the Trumphoria stock-market rally. This vexing consolidation has left a wasteland of popular bearishness. But once a quarter earnings season arrives, bright fundamental sunlight dispelling the obscuring sentiment fogs. The major gold miners’ just-reported Q2’17 results prove this sector remains strong fundamentally, and super-undervalued.
Four times a year publicly-traded companies release treasure troves of valuable information in the form of quarterly reports. Companies trading in the States are required to file 10-Qs with the US Securities and Exchange Commission by 45 calendar days after quarter-ends. Canadian companies have similar requirements. In other countries with half-year reporting, some companies still partially report quarterly.
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Saturday, August 12, 2017
Gold Stocks Coiled Spring / Commodities / Gold and Silver Stocks 2017
By: Zeal_LLC
The gold miners’ stocks have largely ground sideways this year, really lagging gold’s strong rally. That lack of upside has decimated sentiment, leaving a bearish wasteland bereft of hope. But this deeply-out-of-favor sector is actually a coiled spring, ready to surge dramatically as psychology shifts. Sentiment, technicals, and fundamentals all point to much-higher gold-stock prices even at today’s prevailing gold levels.
The main appeal of gold-mining stocks is their underlying profits’ leverage to gold. The gold stocks are much riskier than gold, due to many operational, geological, and geopolitical risks the metal itself doesn’t share. So investors and speculators alike must be compensated for these big added risks with superior returns to gold. That hasn’t happened so far in 2017, which is why gold stocks are so widely despised today.
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Saturday, August 05, 2017
Gold Stocks’ Autumn Rally / Commodities / Gold and Silver Stocks 2017
By: Zeal_LLC
The gold miners’ stocks have suffered a lackluster year so far, mostly lagging gold’s solid new upleg. But that vexing underperformance should soon give way to a big catch-up surge. The deeply-out-of-favor gold stocks are now entering their strong season, which starts right about now with a powerful autumn rally. That generates major gains on average in bull-market years, and this year’s upside potential is exceptional.
Seasonality is the tendency for prices to exhibit recurring patterns at certain times during the calendar year. While seasonality doesn’t drive price action, it quantifies annually-repeating behavior driven by sentiment, technicals, and fundamentals. We humans are creatures of habit and herd, which naturally colors our trading decisions. The calendar year’s passage affects the timing and intensity of buying and selling.
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Wednesday, July 26, 2017
Last Week’s Rally in Gold Stocks Erased / Commodities / Gold and Silver Stocks 2017
By: P_Radomski_CFA
Gold, silver and the USD Index didn’t do much in yesterday’s trading, but that was not the case with mining stocks. The divergence between gold stocks and gold was particularly visible and the implications are once again particularly important.
Let’s take a look at the charts, starting with the HUI Index(gold stock chart courtesy of http://stockcharts.com).
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Monday, July 24, 2017
5 Things I Look for in Exploration Companies / Commodities / Gold and Silver Stocks 2017
By: Jordan_Roy_Byrne
Three months ago (April) we covered the reasons we primarily invest in junior exploration companies. We promised to follow up with some criteria we follow in attempting to pick winners. Here are five things we look for when evaluating and selecting junior exploration companies.
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Friday, July 14, 2017
Picking Great Gold Stocks / Commodities / Gold and Silver Stocks 2017
By: Zeal_LLC
One of the primary keys to success in investment and speculation is picking the right stocks to trade. That’s no mean feat, as it takes great effort, expertise, and time to winnow the whole field down to the likely winners with the best fundamentals. Although deeply out of favor now in the summer doldrums, the small contrarian gold-stock sector has generated truly epic gains for investors and speculators over the years.
I’ve been in the financial-newsletter business for 17 years now, after founding my company Zeal LLC way back in early 2000. I needed to do extensive markets and individual-stocks research to support my own personal speculation and investment, so I figured why not share it so others can benefit as well. Since then I’ve researched and written 765 web essays, 204 monthly newsletters, and 748 weekly newsletters.
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Monday, July 10, 2017
Gold Stocks Summer Bottom / Commodities / Gold and Silver Stocks 2017
By: Zeal_LLC
The gold miners’ stocks have drifted lower over the past month, slumping back to major support. This weakness has naturally intensified the bearish psychology engulfing this small contrarian sector, traders want nothing to do with it. Yet summers typically see gold and its miners’ stocks meander sideways to lower. These summer doldrums spawn the best seasonal buying opportunities of the year in gold stocks.
Seasonality is the tendency for prices to exhibit recurring patterns at certain times during the calendar year. While seasonality doesn’t drive price action, it quantifies annually-repeating behavior driven by sentiment, technicals, and fundamentals. We humans are creatures of habit and herd, which naturally colors our trading decisions. The calendar year’s passage affects the timing and intensity of buying and selling.
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Friday, June 30, 2017
Has Gold Production Peaked? / Commodities / Gold and Silver Stocks 2017
By: Arkadiusz_Sieron
We often hear about ‘peak gold’, i.e. the maximum level of the global production of the yellow metal. According to some analysts, the gold supply already peaked in 2016 or it is likely to peak very soon, offering hope for gold bulls. We do not agree with them. The notion of gold peak is flawed and should not be a basis for investing in gold.
And here is why. It’s extremely difficult – or even impossible – to determine the peak in gold production, as the level of mining depends on many factors, including future discovery of new deposits and technological breakthroughs. Look at the chart below.
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Tuesday, June 20, 2017
GDXJ Gold Stocks Massacre: The Aftermath / Commodities / Gold and Silver Stocks 2017
By: The_Gold_Report
Veteran investor Bill Gross' investment strategy offers lessons to all investors, says Lior Gantz, editor of Wealth Research Group.
GDXJ Rebalance
PIMCO (Pacific Investment Management Company) is the largest American-based, private investment company focused on bonds.
As of its last filing, it had over $1.51 trillion in assets under management—that is significant, and the man who founded the company, Bill Gross, has a lot to do with it.
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