Category: Gold and Silver 2017
The analysis published under this category are as follows.
Saturday, December 09, 2017
Is Gold Really Strong? / Commodities / Gold and Silver 2017
By: P_Radomski_CFA
Silver and mining stocks declined for yet another day, but this time gold ended the session with a (slight, but still) gain. How can we interpret the latter? Is it a sign of strength?
In short, not at all. In yesterday’s, alert we emphasized that gold’s breakdown was one of the key developments that one should consider while analyzing the precious metals market. The tiny upswing that we saw in gold yesterday was a classic example of a post-breakout pause. Let’s take a closer look (charts courtesy of http://stockcharts.com).
Read full article... Read full article...
Friday, December 08, 2017
Merry Christmas to You - Gold Bullion Premiums at Multi-Year Lows / Commodities / Gold and Silver 2017
By: GoldSilver
There’s nothing like a bargain during the holidays. And here’s an unexpected one even I was surprised to see…
It’s not easy to dig up industry-wide data on coin and bar premiums. To do it manually is incredibly time-consuming and then would be out of date as soon as you published it, since premiums always fluctuate.
Read full article... Read full article...
Friday, December 08, 2017
Gold Stocks Break, Gold to Follow / Commodities / Gold and Silver 2017
By: Jordan_Roy_Byrne
We’ve been persistently bearish on precious metals since September and that has annoyed our readers. The weak price action, negative divergences and bearish fundamentals are too much to currently overcome for the time being. The gold stocks finally cracked this week and have lost another 7%-8% in only the past seven trading sessions. Silver and Gold denominated in foreign currencies have joined the breakdown. Gold meanwhile has not broken down yet but all indications are that it will soon.
Friday, December 08, 2017
Will Technology Spur Gold Demand? / Commodities / Gold and Silver 2017
By: Arkadiusz_Sieron
This week, the WGC released a market update entitled “Technology – a brighter outlook?”. What are the main conclusions of the report?
On Tuesday, the World Gold Council published its latest report about the technology sector’s demand for the yellow metal. The main point is that we see a rebound in gold’s use in electronics. As it is commonly known, gold’s physical properties (such as high electrical conductivity) make it an excellent metal for wide use in electronics. But due to high prices and the advancing substitution in the electronics sector, the volume of gold used in technology has decreased in recent years.
Read full article... Read full article...
Thursday, December 07, 2017
Precious Metals Breaking Down! 3 Amigos to Abort? 4 Horsemen to Ride? / Commodities / Gold and Silver 2017
By: Gary_Tanashian
I am not trying to be a wise guy with the first half of the title (it’s a goof on alarmist media), but if you were not bear biased or outright bearish on the gold sector’s daily and weekly technicals, and its macro and sector fundamentals by now all you have left are the alarmist headlines now telling us about H&S breakdowns, HUI/Gold ratio bearishness and whatever else is going on out there in media large and small to scare the lowly gold bug.
Wednesday, December 06, 2017
Gold and Bond Yields / Commodities / Gold and Silver 2017
By: Donald_W_Dony
As the U.S. economy continues to expand, the response by the FOMC is to slowly raise interest rates in attempt to extend the business cycle as long as possible.
This action of ratcheting-up short-term rates is positive for bond yields.
After steadily declining since 2008, the U.S. 10-year Treasury Bond yields have found a floor in 2012 and 2016 at 1.50 percent.
Read full article... Read full article...
Wednesday, December 06, 2017
More Strange And Disturbing Action In The Paper Gold Market / Commodities / Gold and Silver 2017
By: John_Rubino
For at least the past decade the behavior of the people who trade gold futures contracts – and thereby determine the metal’s price – has been generally predictable: The “commercials” – big banks and companies that buy gold to do things with it – have suckered the speculators – mostly hedge funds who chase trends – into going very long and very short at exactly the wrong time.
Which means the price action in gold six or so months in the future was broadly predictable. When the speculators were way long, it was going down and vice versa.
Read full article... Read full article...
Wednesday, December 06, 2017
When Will Quiet Precious Metals Markets Get the Catalyst They Need / Commodities / Gold and Silver 2017
By: MoneyMetals
Fear and greed drive the precious metals markets, but there hasn’t been much of either pushing gold and silver prices lately. Investors have grown tired of worrying about geopolitical events, ever increasing federal debt ceilings and ever inflating equity bubbles.
Meanwhile, greedy trend traders continue piling in to hot markets.
With the exception of palladium, metals prices have been stagnant for most of the year. For the time being, gold and silver are looking pretty boring relative to the hefty gains in stock prices and the explosive rise in Bitcoin.
Tuesday, December 05, 2017
Are We Ready For A Gold And Silver Rally? / Commodities / Gold and Silver 2017
By: Avi_Gilburt
Many of you who follow my analysis have learned quite well how I look at the market. And, those of you who have read me in the past know that I do not view fundamentals as being relevant to determining when we can see a major turn in the metals market.
In fact, in 2011, the fundamentals for the metals market were exceptionally strong, with most everyone believing in the certainty of gold exceeding the $2,000 mark, just before we began a multi-year pullback.
Read full article... Read full article...
Tuesday, December 05, 2017
How High Will Gold Go? / Commodities / Gold and Silver 2017
By: Harry_Dent
No. I’m not flip-flopping!As I told subscribers to our Boom & Bust monthly newsletter in November, I stand by my forecast that gold must still lose about 65% of its current value before we hit the bottom of this latest commodity cycle, around 2020 or 2023. And when the markets unravel, as they must, gold will tumble, just like it did in 2008. It’s NOT a safe haven in a deflationary environment, like it is in an inflationary one!
Read full article... Read full article...
Tuesday, December 05, 2017
Gold and Silver Price Bottom Soon / Commodities / Gold and Silver 2017
By: The_Gold_Report
Gold and silver are on track to hit a yearly low this December, as they have for the past five years, says Bob Moriarty of 321 Gold, who explains his reasoning and why he welcomes these moves.
Silver and gold have hit a new a low for the year during December in each of the last five years. They are on track for repeating their journey this year if we are to believe sentiment matters. And I do.
Read full article... Read full article...
Tuesday, December 05, 2017
Gerald Celente: Middle East Wild Cards Could Bring Down Markets, Drive Up Gold / Commodities / Gold and Silver 2017
By: MoneyMetals
Mike Gleason: It is my privilege now to welcome Gerald Celente, publisher of the renowned Trends Journal. Mr. Celente is perhaps the most well-known trends forecaster in the world and it's always great to have him on with us.
Gerald, thanks for taking the time and welcome back.
Gerald Celente: Thanks for having me on.
Mike Gleason: Well, Gerald, to start off here, we still have the equities markets ripping and roaring and there is seemingly no news that can derail the train. So, as we head into the end of the year, what does your forecast show for the crowd on Wall Street? Is the party going to end anytime soon?
Read full article... Read full article...
Monday, December 04, 2017
Silver’s Positive Fundamentals Due To Strong Demand In Key Growth Industries / Commodities / Gold and Silver 2017
By: GoldCore
– Increased efforts in green energy and advanced technology set to boosts silver’s demand
– Four-year supply deficit set to increase due to fewer mine openings and discoveries
– Bank manipulation may be why silver under performing
– TD Securities and the Bank of Montreal expect silver to be best performing precious metal in 2018
– Growing industrial demand combined with monetary safe haven makes silver an excellent diversifier
Monday, December 04, 2017
Bitcoin Achieved What The Gold Market Never Could & Never Will? / Commodities / Gold and Silver 2017
By: Sol_Palha
There is no absurdity so palpable but that it may be firmly planted in the human head if you only begin to inculcate it before the age of five, by constantly repeating it with an air of great solemnity. Arthur Schopenhauer
Gold bottomed in 2002, and it took nine years for its trade to a high of roughly $1900 (September 2011). Contrast that to Bitcoin, in less than 1/3rd of the amount of time it is showing gains of more than 11,000%. It took nine years for Gold to show gains of roughly 700% and Gold has given up a substantial portion of those gains.
Read full article... Read full article...
Monday, December 04, 2017
Gold Intermediate Cycle Update / Commodities / Gold and Silver 2017
By: SurfCity
Please also see my weekend post on the USD. I will be adding a few more updates over the next few hours.
This weekend, I would like to step back and take a longer term perspective on where Gold is likely headed in 2018. My first chart is a 20+ year weekly showing that Gold is at a major inflection point in my long term uptrend channel. It shows a massive 20+ year Bull Flag that is either going to continue its breakout above the 2011 down trend or this will be a false breakout and my uptrend channel will fail.
Read full article... Read full article...
Sunday, December 03, 2017
War on Gold Intensifies: It Betrays the Elitists’ Panic and Augurs Their Coming Defeat Part2 / Commodities / Gold and Silver 2017
By: Stewart_Dougherty
Dictatorship (noun): Definition #3: absolute power or authority (Websters);
Def. #2: absolute, imperious or overbearing power or control (Random House);
Def. #3: Absolute or despotic control or power (American Heritage);
Def. #3: Absolute or supreme power or authority (Collins English Dictionary);
Def. #1: A type of government where absolute sovereignty is allotted
to an individual or small clique (Wikipedia).
“If you know the enemy and know yourself, you need not fear the result of a hundred battles. If you know yourself but not the enemy, for every victory gained, you will also suffer a defeat. If you know neither the enemy nor yourself, you will succumb in every battle.” Sun Tzu, The Art of War
Read full article... Read full article...
Saturday, December 02, 2017
How Will Gold End 2017? / Commodities / Gold and Silver 2017
By: Arkadiusz_Sieron
The 2017 is almost gone. The last eleven months were not perhaps a spectacular time for gold, but it managed to rise more than 12 percent year-to-date, as one can see in the chart below.
Chart 1: Gold prices year-to-date (London P.M. Fix).
Read full article... Read full article...
Thursday, November 30, 2017
The War on Gold Intensifies: It Betrays the Elitists’ Panic and Augurs Their Coming Defeat / Commodities / Gold and Silver 2017
By: Stewart_Dougherty
Dictatorship (noun): Definition #3: absolute power or authority (Websters);
Def. #2: absolute, imperious or overbearing power or control (Random House);
Def. #3: Absolute or despotic control or power (American Heritage);
Def. #3: Absolute or supreme power or authority (Collins English Dictionary);
Def. #1: A type of government where absolute sovereignty is allotted
to an individual or small clique (Wikipedia).
Thursday, November 30, 2017
Low Cost Gold In The Age Of QE, AI, Trump and War / Commodities / Gold and Silver 2017
By: GoldCore
‘Fear and Loathing In the Age of QE … AI’ is a presentation given at Mining Investment London earlier this week.
Stephen Flood, CEO of GoldCore presentation (28 minutes) was well received at the conference which is a strategic mining and investment conference for leaders in the mining and investment sectors, bringing together attendees from 20 countries.
Read full article... Read full article...
Wednesday, November 29, 2017
Gold Being Odd and USD Being Tricky / Commodities / Gold and Silver 2017
By: P_Radomski_CFA
Every now and then we see some kind of anomaly on the precious metals market. Sometimes it’s particularly useful and sometimes it’s just something random. Yesterday was one of those days when something didn’t seem right. The USD Index rallied, silver declined, mining stocks declined and yet, gold closed the session higher. What can we infer from this uncommon event?