Best of the Week
Most Popular
1. Stock Markets and the History Chart of the End of the World (With Presidential Cycles) - 28th Aug 20
2.Google, Apple, Amazon, Facebook... AI Tech Stocks Buying Levels and Valuations Q3 2020 - 31st Aug 20
3.The Inflation Mega-trend is Going Hyper! - 11th Sep 20
4.Is this the End of Capitalism? - 13th Sep 20
5.What's Driving Gold, Silver and What's Next? - 3rd Sep 20
6.QE4EVER! - 9th Sep 20
7.Gold Price Trend Forecast Analysis - Part1 - 7th Sep 20
8.The Fed May “Cause” The Next Stock Market Crash - 3rd Sep 20
9.Bitcoin Price Crash - You Will be Suprised What Happens Next - 7th Sep 20
10.NVIDIA Stock Price Soars on RTX 3000 Cornering the GPU Market for next 2 years! - 3rd Sep 20
Last 7 days
Coronavirus Pandemic Vaccines Indicator Current State - 3rd Mar 21
AI Tech Stocks Investing 2021 Buy Ratings, Levels and Valuations Explained - 3rd Mar 21
Stock Market Bull Trend in Jeopardy - 3rd Mar 21
New Global Reserve Currency? - 3rd Mar 21
Gold To Monetary Base Ratio Says No Hyperinflation - 3rd Mar 21
US Fed Grilled about Its Unsound Currency, Digital Currency Schemes - 3rd Mar 21
The Case Against Inflation - 3rd Mar 21
How to Start Crypto Mining Bitcoins, Ethereum with Your Desktop PC, Laptop with NiceHash - 3rd Mar 21
AI Tech Stocks Investing Portfolio Buying Levels and Valuations 2021 Explained - 2nd Mar 21
There’s A “Chip” Shortage: And TSMC Holds All The Cards - 2nd Mar 21
Why now might be a good time to buy gold and gold juniors - 2nd Mar 21
Silver Is Close To Something Big - 2nd Mar 21
Bitcoin: Let's Put 2 Heart-Pounding Price Drops into Perspective - 2nd Mar 21
Gold Stocks Spring Rally 2021 - 2nd Mar 21
US Housing Market Trend Forecast 2021 - 2nd Mar 21
Covid-19 Vaccinations US House Prices Trend Indicator 2021 - 2nd Mar 21
How blockchain technology will change the online casino - 2nd Mar 21
How Much PC RAM Memory is Good in 2021, 16gb, 32gb or 64gb? - 2nd Mar 21
US Housing Market House Prices Momentum Analysis - 26th Feb 21
FOMC Minutes Disappoint Gold Bulls - 26th Feb 21
Kiss of Life for Gold - 26th Feb 21
Congress May Increase The Moral Hazard Building In The Stock Market - 26th Feb 21
The “Oil Of The Future” Is Set To Soar In 2021 - 26th Feb 21
The Everything Stock Market Rally Continues - 25th Feb 21
Vaccine inequality: A new beginning or another missed opportunity? - 25th Feb 21
What's Next Move For Silver, Gold? Follow US Treasuries and Commodities To Find Out - 25th Feb 21
Warren Buffett Buys a Copper Stock! - 25th Feb 21
Work From Home Inflationary US House Prices BOOM! - 25th Feb 21
Man Takes First Steps Towards Colonising Mars - Nasa Perseverance Rover in Jezero Crater - 25th Feb 21
Musk, Bezos And Cook Are Rushing To Lock In New Lithium Supply - 25th Feb 21
US Debt and Yield Curve (Spread between 2 year and 10 year US bonds) - 24th Feb 21
Should You Buy a Landrover Discovery Sport in 2021? - 24th Feb 21
US Housing Market 2021 and the Inflation Mega-trend - QE4EVER! - 24th Feb 21
M&A Most Commonly Used Software - 24th Feb 21
Is More Stock Market Correction Needed? - 24th Feb 21
VUZE XR Camera 180 3D VR Example Footage Video Image quality - 24th Feb 21
How to Protect Your Positions From A Stock Market Sell-Off Using Options - 24th Feb 21
Why Isn’t Retail Demand for Silver Pushing Up Prices? - 24th Feb 21
2 Stocks That Could Win Big In The Trillion Dollar Battery War - 24th Feb 21
US Economic Trends - GDP, Inflation and Unemployment Impact on House Prices 2021 - 23rd Feb 21
Why the Sky Is Not Falling in Precious Metals - 23rd Feb 21
7 Things Every Businessman Should Know - 23rd Feb 21
For Stocks, has the “Rational Bubble” Popped? - 23rd Feb 21
Will Biden Overheat the Economy and Gold? - 23rd Feb 21
Precious Metals Under Seige? - 23rd Feb 21
US House Prices Trend Forecast Review - 23rd Feb 21
Lithium Prices Soar As Tesla, Apple And Google Fight For Supply - 23rd Feb 21
Stock Markets Discounting Post Covid Economic Boom - 22nd Feb 21
Economics Is Why Vaccination Is So Hard - 22nd Feb 21
Pivotal Session In Stocks Bull Bear Battle - 22nd Feb 21
Gold’s Downtrend: Is This Just the Beginning? - 22nd Feb 21
The Most Exciting Commodities Play Of 2021? - 22nd Feb 21
How to Test NEW and Used GPU, and Benchmark to Make sure it is Working Properly - 22nd Feb 21
US House Prices Vaccinations Indicator - 21st Feb 21
S&P 500 Correction – No Need to Hold Onto Your Hat - 21st Feb 21
Gold Setting Up Major Bottom So Could We See A Breakout Rally Begin Soon? - 21st Feb 21
Owning Real Assets Amid Surreal Financial Markets - 21st Feb 21
Great Investment Ideas For 2021 - 21st Feb 21

Market Oracle FREE Newsletter

FIRST ACCESS to Nadeem Walayat’s Analysis and Trend Forecasts

Silver and Gold Producers – a CALL TO ARMS!

Commodities / Gold and Silver Stocks 2014 Nov 12, 2014 - 06:43 PM GMT

By: Peter_Degraaf

Commodities

How much longer are you going to let Wall Street determine the price you are permitted to charge for your product?

How much longer will you stand by and watch as computer traders raise and mostly lower the price of your product, by selling contracts in the futures market for metal they do not own, and do not produce? 

(Bud Conrad at Caseyresearch.com has just written an excellent article, with a number of charts, on this subject titled:  “Paper Gold and its effect on the Gold Price.”) 


 Now is a TIME FOR ACTION on your part.  It’s time to take charge of your industry.

Here is a simple plan that will work wonders.

Sell your production into the market to keep your cash flow going.  Then, instead of putting the money in the bank, put it into a stock trading account at a reputable brokerage firm.  If you produce mostly gold, buy the Sprott Gold Trust, PHYS, or the Royal Canadian Mint Gold Trust, MNT.TO.  If you produce mostly silver, buy shares in the Sprott Silver Trust PSLV.  (Be sure and buy only shares in trusts, and avoid ‘paper money substitutes!’)

Your action will cause these trusts to go into the market and buy the metal that you have just produced, and keep it away from the futures market, thereby sharply reducing the available gold and silver that the boys from Wall Street play with.  The money invested in these trusts is better than money in the bank, for it is backed by gold and silver!  If you believe in your industry, you know this to be true.  When you need cash you simply sell a portion of the shares you own.  You’ll have the cash to work with, just three days from the day you make a sale.

If you are an explorer, and you have just completed a distribution, don’t put the money in the bank - buy gold and silver trusts, as detailed above.

If you are worried that prices could go still lower, here are some charts to show you that the precious metals are ready to turn back up, and that this is a perfect time for you to take charge.

(Charts courtesy Stockcharts.com unless indicated).

This chart courtesy Seasonalcharts.com shows November is historically a positive month for gold, especially if there was a dip during October.

This chart courtesy Federal Reserve Bank of St. Louis shows the M2 Money Supply continues to rise.  No ‘tapering’ here.  The FED is one of five major, along with dozens of minor central banks, involved in the destruction of currencies.  This steady destruction leads to a search by investors, who are eager to protect their net worth, to look for alternatives to currencies.  Gold and silver are perfect investment alternatives to cash, with 5000 years of history to prove their safety.

Featured is the daily bar chart for gold for Friday Nov 7th.  Price produced an ‘outside upside reversal’ on the highest volume in at least 12 months.  (This type of reversal is usually an indication that a major turn is taking place).  The supporting indicators are turning positive.  Confirmation of a major bottom will come with a breakout at the blue arrow.

Featured is the Index that compares mining stocks to gold bullion.  The Andrews Pitchfork suggests that the trend that has favored bullion over miners since August, is turning back in favor of mining stocks.   In a gold bull market, we expect mining stocks to take the lead over bullion.

This chart called ‘the puking camel’, courtesy Brian Kelly, Tradingview.com  shows that we have arrived at a very important turning point in the comparison between gold and the US dollar;  When enough gold bulls have reached the ‘puking point’, (including some well-known analysts), the sector is very likely ready to turn around.

IMPORTANT:  Please send this article to your favorite mining CEO.  It’s high time these people took action to protect and preserve their industry.

By Peter Degraaf

Peter Degraaf is an on-line stock trader with over 50 years of investing experience. He issues a weekend report on the markets for his many subscribers. For a sample issue send him an E-mail at itiswell@cogeco.net , or visit his website at www.pdegraaf.com where you will find many long-term charts, as well as an interesting collection of Worthwhile Quotes that make for fascinating reading.

© 2014 Copyright Peter Degraaf - All Rights Reserved

DISCLAIMER:Please do your own due diligence.  Investing involves taking risks.  I am not responsible for your investment decisions.

Peter Degraaf Archive

© 2005-2019 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.


Post Comment

Only logged in users are allowed to post comments. Register/ Log in

6 Critical Money Making Rules