Category: Gold and Silver 2017
The analysis published under this category are as follows.
Tuesday, February 21, 2017
Here’s Proof Rising Rates Are Good for Gold / Commodities / Gold and Silver 2017
By: John_Mauldin
John Grandits writes: When the Federal Reserve raised interest rates in December—and then laid out a plan to do so three more times in 2017—theory suggested gold should fall. As gold is a non-yielding asset, the cost of holding it increases as rates rise. However, theory doesn’t always convert into practice.
Since the Fed’s decision, gold is up 7.5%—and it’s no anomaly.
Read full article... Read full article...
Tuesday, February 21, 2017
Russia Gold Buying Is Back – Buys One Million Ounces In January / Commodities / Gold and Silver 2017
By: GoldCore
Russia gold buying returned in January with the Russian central bank buying a very large 1 million ounces or 37 metric tonnes of gold bullion.
The increase in the gold reserves came after Russia did not buy a single ounce in December – a move seen as potentially a signal or an olive branch to the U.S. and the incoming Trump administration.
Read full article... Read full article...
Tuesday, February 21, 2017
Gold and Silver Weekly Update / Commodities / Gold and Silver 2017
By: The_Gold_Report
Technical analyst Jack Chan charts the latest moves in the precious metals sector.
Tuesday, February 21, 2017
US Dollar and Gold Battle of the Cycles / Commodities / Gold and Silver 2017
By: SurfCity
Nothing has changed from my last post on this pair. I mentioned we should expect some backtesting and that is what I am seeing on the charts. This should be expected, IMO as both are at a key inflection point in their longer Intermediate Cycles and the battle is on.
https://surfcity.co/2017/02/15/usd-and-gold-update/
Read full article... Read full article...
Monday, February 20, 2017
The Eurozone isn't Working ... Warns Greenspan, Buy Gold / Commodities / Gold and Silver 2017
By: GoldCore
“The eurozone isn’t working …” warns Greenspan
“I view gold as the primary global currency” said Greenspan
“Significant increases in inflation will ultimately increase the price of gold”
“Investment in gold now is insurance…”
Read full article... Read full article...
Saturday, February 18, 2017
Gold’s Fundamentals Strengthen / Commodities / Gold and Silver 2017
By: Jordan_Roy_Byrne
The January headline consumer price index (CPI) came in at 2.5%, which is near a 5-year high. What happened to deflation? As a result, real interest rates declined deeper into negative territory or in the case of the 10-year yield, went from positive to negative. No this isn’t a commodity-driven story. The core CPI (ex food and energy) has been above 2% since the end of 2015 when commodities were in the dumps. Inflation is perking up and couple that with a Fed that pursues rate hikes at a glacial speed and that is very bullish for precious metals.
Saturday, February 18, 2017
China Disaster to Trigger Gold Run, Trump to Appoint 5 of 7 Fed Governors / Commodities / Gold and Silver 2017
By: MoneyMetals
Mike Gleason (Money Metals Exchange): It is my great privilege to be joined now by James Rickards. Mr. Rickards is editor of Strategic Intelligence, a monthly newsletter, and Director of the James Rickards Project, an inquiry into the complex dynamics of geopolitics and global capital. He's also the author of several bestselling books including The Death of Money, Currency Wars, The New Case for Gold, and now his latest book The Road To Ruin.
Jim is a portfolio manager, lawyer, and renowned economist having been interviewed by CNBC, the BBC, Bloomberg, Fox News, and CNN, just to name a few. Jim, we really appreciate your time and welcome back. It's great to have you on again.
Read full article... Read full article...
Friday, February 17, 2017
Gold, Silver, US Dollar Cycles / Commodities / Gold and Silver 2017
By: Chris_Vermeulen
Gold is setting up for a historic rally based on my analysis. Recent news provides further evidence that the Precious Metals and Currencies are in for a wild ride. Just this week, news that China’s reserves fell below $3 Trillion as well as the implications that the fall to near $2T in reserves could happen before the end of 2017. Additionally, we have recent news that the EU may be under further strain with regards to Greece, the IMF and debt. The accumulation of Precious Metals should be on everyone’s mind as well as the potential for a breakout rally.
Friday, February 17, 2017
Gold During Reflations / Commodities / Gold and Silver 2017
By: Arkadiusz_Sieron
Reflation is coming. We argue that the recent comeback of inflation is negative for the gold market. Why should that be so? Should not inflation support gold, which is considered the inflation hedge? It is true that gold may shine during inflationary times, but a lot depends on the broader macroeconomic picture. Gold entered a bull market in the 1970s, but the U.S. economy was in a stagflation then, i.e. the combination of high inflation and sluggish economic growth. And inflation was high and accelerating. Will this scenario replay now?
Friday, February 17, 2017
Inflation Spikes in 2017, Supporting Gold Prices Despite Increased Odds of March Rate Hike / Commodities / Gold and Silver 2017
By: Jason_Hamlin
Inflation is coming. In fact, inflation rose at the fastest pace in four years during January. Consumer prices surged 0.6% in January from December, double the consensus forecast of a 0.3% rise. This marks the sharpest monthly increase since February 2013, according to the Bureau of Labor Statistics.
Friday, February 17, 2017
Gold Trade Note Sighted / Commodities / Gold and Silver 2017
By: Jim_Willie_CB
The Gold Trade Note is gradually coming into view, its form within structured contracts is taking shape as components. the Petro-Dollar has almost completely vanished. The Petro-Yuan is essentially here in its infancy, in rudimentary form. the leap to the Gold Trade Note will be easy, once the pieces are aligned and in place. This new note for usage in secure trade settlement is in the inception process. It will be structured within existing trading vehicles and platforms. The Russians and Chinese appear to be forming the basis for the payment vehicle within the oil trade. Consider it as a formal reflection of the Iran-India gold for oil trade.
Friday, February 17, 2017
Gold Is Undervalued Say Leading Fund Managers / Commodities / Gold and Silver 2017
By: GoldCore
- Gold is undervalued according to a record number of fund managers
- Last time gold was considered undervalued, the price surged
- BAML surveyed 175 money managers with $543 billion in assets under management
- 34% of investors believe protectionism is the biggest threat to markets
- Gold viewed as the best protectionist investment by a third of investors
Thursday, February 16, 2017
Silver, Gold Stocks and Remembering the Genius of Hunter S. Thompson / Commodities / Gold and Silver 2017
By: The_Gold_Report
Precious metals expert Michael Ballanger ponders the timelessness of Hunter S. Thompson's "blistering attacks on the status quo" and their applicability to today's political landscape. He also reminds us of the "incredibly bullish" fundamentals for silver and lays out the evidence for why this precious metal is on its way to $25/ounce by mid-year.
Wednesday, February 15, 2017
Gold Intermediate Cycle Update / Commodities / Gold and Silver 2017
By: SurfCity
NOTHING is certain or guaranteed in Markets.... ever. Anyone who tells you otherwise is a charlatan.
That said, within Bressert's Cycle framework the norm is that a new Intermediate Cycle in any asset should test or breach the Intermediate Cycle downtrend before topping and those are my expectations based on my current analysis on both Gold and the USD.
Read full article... Read full article...
Wednesday, February 15, 2017
Gold Bull Market? Or was 2016 Just a Gold Bug Mirage? / Commodities / Gold and Silver 2017
By: Plunger
The consensus view in the precious metals sector is that we have embarked on the next great bull market in gold and silver. The story is gold and the entire mining sector bottomed in early 2016 and launched into its first leg up into early August. The sector then underwent a stiff correction from August to December, and has now finally found its legs and the upward advance has resumed. Money is now flowing into exploration and development plays reflecting the belief in this narrative.
I have an alternative interpretation of the markets action and I would like to share it with you. Intellectual integrity requires me to remain objective and skeptical of the market action since Jan 2016 due to various reasons we will discuss. As an investor I participated in last year’s colossal rally from start to finish, however I am NOT convinced the epic gold bear market which began in 2011 ended in early 2016.
Read full article... Read full article...
Tuesday, February 14, 2017
Europe Eyes Sweeping Cash Ban: Are Gold & Silver Next? / Commodities / Gold and Silver 2017
By: MoneyMetals
The global war on cash continues. The cabal of bankers seeking more transaction fees, busybody political leaders, and central bankers who want to experiment with negative interest rates recently threw India into turmoil by eliminating the two largest denomination bank notes.
Now they are preparing a similar assault on Europeans’ ability to transact privately and without giving bankers a cut. European Union officials just published a "Proposal for an EU Initiative on Restriction on Payments in Cash."
Read full article... Read full article...
Monday, February 13, 2017
Is the Gold Silver Ratio Predictive? / Commodities / Gold and Silver 2017
By: Bob_Loukas
Gold Silver Ratio
One aspect of the precious metals market today that I like is the Gold Silver Ratio. It appears to have topped, right along with the 2016 gold bottom, and for all gold bull followers out there this is certainly a welcomed development. Precious metals bear markets always hit silver hard, while bull markets always see Silver outperform gold. As a result, the Gold Silver Ratio rises during bear markets and then falls during bull markets.
Read full article... Read full article...
Sunday, February 12, 2017
Gold Bull Market Surprises / Commodities / Gold and Silver 2017
By: Gary_Savage
In a bull market surprises come to the upside and it’s never advisable to lose one’s core position. This rally isn’t going to top until sentiment gets excessively bullish. Right now sentiment is dead neutral and it will take 5-10 more weeks before sentiment reaches 75% or higher.
Read full article... Read full article...
Saturday, February 11, 2017
Uptrend in Silver (XAG/USD) Continues to Strengthen / Commodities / Gold and Silver 2017
By: MarketsToday
Spot silver (XAG/USD) closed strong last week (17.93), near the high of the week (18.00), as it continues to push up against the top trend line of a relatively well constructed ascending channel. It has been in a rising trend channel for the past seven weeks, ever since hitting a bottom at 15.64 in December. As of last week’s high, silver was up 15.1% off that December low.
Friday, February 10, 2017
Great Fiscal Rotation and Gold / Commodities / Gold and Silver 2017
By: Arkadiusz_Sieron
Reflation is a fact, at least for a while. And it is not limited to the U.S., as it is a truly global phenomenon – since 2016, the rebound in economic activity has been seen both in the advanced and emerging markets (this is partially due to the flattening in deep recessions in Russia and Brazil). The broad-based improvement is bad for the yellow metal, as it signals a more lasting revival. Additionally, although the recent rebound has mainly been triggered by the huge fiscal stimulus in China, the advanced economies have also improved significantly, in particular the U.S. It means negative news for gold, which is more sensitive to developments in America.