Category: Gold and Silver 2016
The analysis published under this category are as follows.
Friday, July 15, 2016
Gold’s Record Selling Overhang / Commodities / Gold and Silver 2016
By: Zeal_LLC
Gold’s mighty new bull market this year has been amazing, the result of heavy buying by investors and speculators alike. But these latter traders have pumped so much capital into gold futures that this metal now faces a record selling overhang. Since the hyper-leveraged nature of futures trading demands an ultra-short-term focus, speculators’ excessive bullish bets on gold pose major near-term downside risks.
Gold’s price trends are overwhelmingly dominated by global investment demand. Even though it has only accounted for about 1/5th of total demand in recent years, investment is wildly variable. With the rest of gold demand relatively stable, it is fluctuating investment demand that ultimately sets gold prices at the margin. Gold’s young bull in 2016 is largely the result of an influx of massive investment buying.
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Friday, July 15, 2016
Gold Price Could Hit $5,000 or Even $10,000 in a Few Years / Commodities / Gold and Silver 2016
By: John_Mauldin
BY JARED DILLIAN : You have to be careful writing about gold.
You come out in favor of gold and you get maligned as some kind of doomsday-prepping, knuckle-dragging wingnut. Then you never get to go on TV. They don’t invite the crazy gold guys on TV.
I’ve been long gold since 2005. Rode it all the way down from 2011 to 2016. If you ride something down 45%, you are a moron. I’ll own it. I am a moron. I actually had a pretty good idea that there would be a correction in 2011, but I vastly underestimated how severe it would be.
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Friday, July 15, 2016
The Curious Case of Vanishing Lady Liberty; Only Gold and Silver Remember Her / Commodities / Gold and Silver 2016
By: MoneyMetals
The very first word anyone ever saw on a circulating United States coin was the word “LIBERTY.”
From half-cents to silver dollars, each featured the likeness of an unnamed woman. The images varied, thanks to different engravers, but together they became recognized as Lady Liberty.
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Thursday, July 14, 2016
Silver Bear Market Looks to Be Over…or Not? / Commodities / Gold and Silver 2016
By: Chris_Vermeulen
Since the Brexit vote, we have seen some interesting price action unfold with various assets. With global/Euroland uncertainty, investors have been flocking to what they feel are the safe havens until things get sorted out overseas.
Typically, precious metals and the Dollar Index move in opposite directions. This means that if the dollar rises, metals fall in value. But since the Brexit vote, investors are piling their money into what they feel is the safe place for them to store capital. These are: US Dollars, Silver, Gold, Mining Stocks, Bonds and even US equities.
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Thursday, July 14, 2016
This Confirms The Continuation Of Silver’s Rally / Commodities / Gold and Silver 2016
By: Hubert_Moolman
On the silver chart, is a classical major reversal pattern referred to as a Head and Shoulders Bottom. Major reversal patterns form after a downtrend, and its formation normally confirms a change in trend. Below, is a silver chart (all charts from tradingview.com), with the pattern highlighted:
Wednesday, July 13, 2016
Silver Appears Overbought, But Long-Term Outlook Good / Commodities / Gold and Silver 2016
By: Clive_Maund
The long-term outlook for silver is very positive indeed, but over the short to medium term it looks set to react, says technical analyst Clive Maund.
Tuesday, July 12, 2016
Gold Bull Confirmed: What's Next? / Commodities / Gold and Silver 2016
By: The_Gold_Report
Technical analyst Jack Chan confirms a bull market for gold and lays out his investment strategy.
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Monday, July 11, 2016
Gold - Wonderland / Commodities / Gold and Silver 2016
By: Gary_Tanashian
“If I had a world of my own, everything would be nonsense. Nothing would be what it is, because everything would be what it isn’t. And contrary wise, what is, it wouldn’t be. And what it wouldn’t be, it would. You see?” –Alice in Wonderland
Silver out performs gold as both rise with Treasury bonds, which are in turn rising with stocks, as Junk bonds hit new recovery highs while USD remains firm as inflation expectations are out of the picture. This is highly atypical, maybe even unprecedented.
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Monday, July 11, 2016
Gold And Silver – Be Afraid, At The Very Least Be Wary / Commodities / Gold and Silver 2016
By: Michael_Noonan
BREXIT opened a Pandora's Box for the EU. Will the globalists shut it closed and then reseal it for generations to come? Something may be rotten in the state of Denmark, but the stench emitting from Brussels has been overpowering Europe. People in the Western world are being manipulated each and every day by the elite's mainstream press with everything that can be construed as potentially negative that stems from BREXIT as a scapegoat.
The world is drowning in debt created by the central bankers and force-fed to states like a goose being fattened for foie gras. Always, always follow the money. Almost everything wrong in the world today can be traced to debt, debt that has been foisted upon states and people by bankers for the sole purpose of enriching only the shadow globalists. At the end of the day, the tab gets passed onto everyone else to pay. That is the sole purpose of the bail-outs and bail-ins. Nothing else, not even you, matters to the elites.
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Monday, July 11, 2016
Repeat Of 70s Pattern Shows That Silver $675 Price Is Realistic / Commodities / Gold and Silver 2016
By: Hubert_Moolman
In my previous silver article, I highlighted a very bullish pattern/fractal on the 100-year silver chart. It was a very big picture view of silver, which is really difficult to perceive within our current reality. However, at some point in time, it will catch up with our current reality. This will likely happen when the monetary system collapses.
Silver, even more than gold, is the opposite of what is considered a monetary asset (debt, like a federal reserve note), today. This is mainly because silver has been completely demonetized, whereas gold is still a part of the current system (think central banks gold reserves). When the illusion of money (value) is exposed for what it is (worthless paper or digits), then people will demand real money (value) like silver and gold.
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Monday, July 11, 2016
Silver COT update / Commodities / Gold and Silver 2016
By: Dan_Norcini
This one will be brief…
Let’s stat with the overall NET POSITIONS chart:
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Sunday, July 10, 2016
Gold and US Dollar Trend Forecasts / Commodities / Gold and Silver 2016
By: Gary_Savage
While I’m expecting some kind of pullback at the $1390-$1400 level, I don’t think gold’s intermediate cycle will top until at least retracing the 50% Fibonacci level and probably back to $1550 by September. This will almost certainly be driven by an aggressive moved down in the US Dollar as it really starts to accelerate into the next 3 year cycle low due sometime net summer or fall.
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Sunday, July 10, 2016
The Big Silver Long - What Gives? / Commodities / Gold and Silver 2016
By: Dr_Jeff_Lewis
As Chris Powell of GATA made famous: "Price action makes market commentary".
Control the price of anything and you get control of the story. The U.S. Commodities Future Exchange (COMEX), a subsidiary of the Chicago Mercantile Exchange (CME), is central to price discovery – and nothing else can compete.
Price action on the big silver ETF, SLV does not (yet!) factor into a price that begins and ends with a trading structure that is rigged to the tune of a few traders who dominate one side of the trade.
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Sunday, July 10, 2016
Silver Prices - The Rise and Fall of the Specs With No Clothes / Commodities / Gold and Silver 2016
By: Dr_Jeff_Lewis
The mainstream financial media, as well as some retail investors, have awakened to the surge in the price of silver, relative to just about everything else in 2016.
And while this rally feels different, are we there yet? Or are we close to the point where COMEX doesn't matter as far as price discovery is concerned?
I realize the question always comes down to if not now, then when? But “how?” is a close second.
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Saturday, July 09, 2016
Jason Zweig: Still Wrong on Gold / Commodities / Gold and Silver 2016
By: Jordan_Roy_Byrne
Jason Zweig, who a year ago called Gold a “pet rock” is doubling down. He reiterates his belief, albeit a misguided one that Gold is a pet rock and justifies it with the usual anti gold bug propaganda. Unfortunately, Zweig along with many gold-bashers and ironically some gold bugs continue to either neglect Gold’s major fundamental driver or have no clue about it.
Saturday, July 09, 2016
Brexit Vote and Gold / Commodities / Gold and Silver 2016
By: Arkadiusz_Sieron
In a historic referendum, Britain voted to leave the European Union. We covered this topic in our Gold News Monitors a few times, however it is worth analyzing in more detail, as the Brexit vote entails important implications for the global economy and the gold market.
Initially, the Brexit vote led to short financial shock with a plunging pound and equities. However, the markets soon recovered, and the shock was not as bad as many had feared. Similarly, there was a knee-jerk reaction in gold, which boosted its price up to the $1,350 level immediately after the vote’s results were announced. As the chart below shows, the gold prices spiked in the U.S. dollar, in the Euro and, to a great extent, in the British pound.
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Thursday, July 07, 2016
Greenspan, Gold, and the Banality of Evil / Commodities / Gold and Silver 2016
By: MoneyMetals
Under certain circumstances, seemingly decent human beings are capable of horrific things.
So it is with Former Federal Reserve Chairman Alan Greenspan, who parlayed his sound money bona fides into the top post at America's private banking cartel and current issuer of our un-backed currency. In betrayal of his own stated free-market principles, Greenspan spent his tenure at the Fed pumping up financial markets with easy money and enabling runaway government spending commitments.
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Thursday, July 07, 2016
How High Is 'Sky-High' Silver Price? / Commodities / Gold and Silver 2016
By: MoneyMetals
Now that the precious metals' five-year cyclical bear market is acting like it's been replaced by a vibrant bull run in the opposite direction (up!), many analysts who chided the ongoing rise in the mining stocks and metals that started in December 2015 are begrudgingly changing their "outlook" so they don't get left behind.
Some veterans are holding to long-stated targets, while others are raising them as Mr. Market gives us new information.
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Thursday, July 07, 2016
Get Gold At $356 Per Oz By Buying Silver Today / Commodities / Gold and Silver 2016
By: Hubert_Moolman
Gold is currently trading at around $1 370 an ounce. I like gold, but for me that is too expensive, even although I think it will increase significantly over the next couple of years.
Why do I think it is too expensive? Because I think there is a way of getting it at the equivalent of $345 an ounce, by buying silver instead.
In January 1980, silver and gold reached all-time high prices (at that time) of $50 and $850 respectively. Therefore, the Gold/Silver ratio at that time was about 17 (850/50).
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Wednesday, July 06, 2016
Gold Heading Toward $1,400 As Bull Run Commences / Commodities / Gold and Silver 2016
By: The_Gold_Report
Gold's post-Brexit vote surge continues unabated, with Bloomberg reporting today that the price of the safe haven commodity has risen for six consecutive days.
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