Best of the Week
Most Popular
1. US Housing Market Real Estate Crash The Next Shoe To Drop – Part II - Chris_Vermeulen
2.The Coronavirus Greatest Economic Depression in History? - Nadeem_Walayat
3.US Real Estate Housing Market Crash Is The Next Shoe To Drop - Chris_Vermeulen
4.Coronavirus Stock Market Trend Implications and AI Mega-trend Stocks Buying Levels - Nadeem_Walayat
5. Are Coronavirus Death Statistics Exaggerated? Worse than Seasonal Flu or Not?- Nadeem_Walayat
6.Coronavirus Stock Market Trend Implications, Global Recession and AI Stocks Buying Levels - Nadeem_Walayat
7.US Fourth Turning Accelerating Towards Debt Climax - James_Quinn
8.Dow Stock Market Trend Analysis and Forecast - Nadeem_Walayat
9.Britain's FAKE Coronavirus Death Statistics Exposed - Nadeem_Walayat
10.Commodity Markets Crash Catastrophe Charts - Rambus_Chartology
Last 7 days
Stock Market Dow 30k before End of 2020? - 13th Jul 20
Credit Market Investments Turned Into End-User Risk Again - 13th Jul 20
Investors Are Going All-In on This Coronavirus Proof Industry - 13th Jul 20
5 Vital Insights That You Can Gain From Instagram Trackers - 13th Jul 20
Stop Believing The 'Economy' Is The Same As The Stock Market - 12th Jul 20
Spotify Recealed as The “Next Netflix” - 12th Jul 20
Getting Ahead of the Game: What Determines the Prices of Oil? - 12th Jul 20
The Big Short 2020 – World Pushes Credit/Investments Into Risk Again - 11th Jul 20
The Bearish Combination of Soaring Silver and Lagging GDX Miners - 11th Jul 20
Stock Market: "Relevant Waves Vs. Irrelevant News" - 10th Jul 20
Prepare for the global impact of US COVID-19 resurgence - 10th Jul 20
Golds quick price move increases the odds of a correction - 10th Jul 20
Declaring Your Independence from Currency Debasement - 10th Jul 20
Tech Stocks Trending Towards the Quantum AI EXPLOSION! - 9th Jul 20
Gold and Silver Seasonal Trend Analysis - 9th Jul 20
Facebook and IBM Tech Stocks for Machine Learning Mega-Trend Investing 2020 - 9th Jul 20
LandRover Discovery Sport Service Blues, How Long Before Oil Change is Actually Due? - 9th Jul 20
Following the Gold Stock Leaders as the Fed Prints - 9th Jul 20
Gold RESET Breakout on 10 Reasons - 9th Jul 20
Fintech facilitating huge growth in online gambling - 9th Jul 20
Online Creative Software Development Service Conceptual Approach - 9th Jul 20
Coronavirus Pandemic UK and US Second Waves, and the Influenza Doomsday Scenario - 8th Jul 20
States “On the Cusp of Losing Control” and the Impact on the Economy - 8th Jul 20
Gold During Covid-19 Pandemic and Beyond - 8th Jul 20
UK Holidays 2020 - Driving on Cornwall's Narrow Roads to Bude Caravan Holiday Resort - 8th Jul 20
Five Reasons Covid Will Change SEO - 8th Jul 20
What Makes Internet Packages Different? - 8th Jul 20
Saudi Arabia Eyes Total Dominance In Oil And Gas Markets - 7th Jul 20
These Are the Times That Call for Gold - 7th Jul 20
A Reason to be "Extra-Attentive" to Stock Market Sentiment Measures - 7th Jul 20
The Beatings Will Continue Until the Economy Improves - 6th Jul 20
The Corona Economic Depression Is Here - 6th Jul 20
Stock Market Short-term Peaking - 6th Jul 20
Gold’s Major Reversal to Create the “Handle” - 5th July 20
Gold Market Manipulation And The Federal Reserve - 5th July 20
Overclockers UK Custom Build PC Review - 1. Ordering / Stock Issues - 5th July 20
How to Bond With Your Budgie / Parakeet With Morning Song and Dance - 5th July 20
Silver Price Trend Forecast Summer 2020 - 3rd Jul 20
Silver Market Is at a Critical Juncture - 3rd Jul 20
Gold Stocks Breakout Not Confirmed Yet - 3rd Jul 20
Coronavirus Strikes Back. But Force Is Strong With Gold - 3rd Jul 20
Stock Market Russell 2000 Gaps Present Real Targets - 3rd Jul 20
Johnson & Johnson (JNJ) Big Pharma Stock for Machine Learning Life Extension Investing - 2nd Jul 20
All Eyes on Markets to Get a Refreshed Outlook - 2nd Jul 20
The Darkening Clouds on the Stock Market S&P 500 Horizon - 2nd Jul 20
US Fourth Turning Reaches Boiling Point as America Bends its Knee - 2nd Jul 20
After 2nd Quarter Economic Carnage, the Quest for Philippine Recovery - 2nd Jul 20
Gold Completes Another Washout Rotation – Here We Go - 2nd Jul 20
Roosevelt 2.0 and ‘here, hold my beer' - 2nd Jul 20
U.S. Dollar: When Almost Everyone Is Bearish... - 1st Jul 20
Politicians Prepare New Money Drops as US Dollar Weakens - 1st Jul 20
Gold Stocks Still Undervalued - 1st Jul 20
High Premiums in Physical Gold Market: Scam or Supply Crisis? - 1st Jul 20
US Stock Markets Enter Parabolic Price Move - 1st Jul 20
In The Year 2025 If Fiat Currency Can Survive - 30th Jun 20
Gold Likes the IMF Predicting a Deeper Recession - 30th Jun 20
Silver Is Still Cheap For Now - 30th Jun 20
More Stock Market Selling Ahead - 30th Jun 20
Trending Ecommerce Sites in 2020 - 30th Jun 20
Stock Market S&P 500 Approaching the Precipice - 29th Jun 20
APPLE Tech Stock for Investing to Profit from the Machine Learning Mega trend - 29th Jun 20
Student / Gamer Custom System Build June 2020 Proving Impossible - Overclockers UK - 29th Jun 20
US Dollar with Ney and Gann Angles - 29th Jun 20
Europe's Banking Sector: When (and Why) the Rout Really Began - 29th Jun 20
Will People Accept Rampant Inflation? Hell, No! - 29th Jun 20
Gold & Silver Begin The Move To New All-Time Highs - 29th Jun 20
US Stock Market Enters Parabolic Price Move – Be Prepared - 29th Jun 20
Meet BlackRock, the New Great Vampire Squid - 28th Jun 20
Stock Market S&P 500 Approaching a Defining Moment - 28th Jun 20

Market Oracle FREE Newsletter

Category: Gold and Silver Stocks 2020

The analysis published under this category are as follows.

Commodities

Thursday, July 09, 2020

Following the Gold Stock Leaders as the Fed Prints / Commodities / Gold and Silver Stocks 2020

By: Gary_Tanashian

Gold stocks have led the market for a year, and with economic deceleration and Fed policy response that leadership looks to continue [edit: today’s ‘in the bag’ bounce-back Jobs report does little to alter the economic deceleration theme]

We have been on a bullish gold mining view for over a year now. Over that time there have been three interruptions, the downward-biased consolidation from August to November 2019, the flash crash (and very constructive gap filling mission) in March and most recently the pullback that logically began in May as broad stock market relief started to fan out to more and more momentum chasers who’d finally gotten the hint that the Fed means to devalue the US currency (in competition to a degree with its global counterparts seeking to do the same), making cash a non-viable investment position (other than for risk management to the bullish asset market atmosphere).

Read full article... Read full article...

 


Commodities

Friday, July 03, 2020

Gold Stocks Breakout Not Confirmed Yet / Commodities / Gold and Silver Stocks 2020

By: Jordan_Roy_Byrne

Gold has broken out from a two-month-long consolidation (from $1680 to $1770), but the other precious metals markets have not confirmed Gold’s strength.

The gold stocks (GDX, GDXJ) remain below their May highs while Silver remains below significant, multi-year resistance around $18.75. Silver closed Monday at $18.06.

Furthermore, Gold, when priced against foreign currencies, has not broken out. This move has been driven mostly by dollar weakness.

Read full article... Read full article...

 


Commodities

Wednesday, July 01, 2020

Gold Stocks Still Undervalued / Commodities / Gold and Silver Stocks 2020

By: Zeal_LLC

Gold miners’ stocks rocketed out of mid-March’s stock panic, breaking out to major new bull-market highs in mid-May.  Such blisteringly-fast gains, and gold stocks’ upleg stalling out since, have left many traders nervous about this sector.  Calls for a serious selloff are mounting.  But arguing in favor for more near-term gains to come, gold stocks never grew overvalued in this post-panic upleg and are still undervalued today.

The recent gold-stock action is best understood through this sector’s most-popular benchmark, the GDX VanEck Vectors Gold Miners ETF.  Holding the world’s biggest and best gold miners, it dominates gold-stock-ETF capital flows.  GDX’s world-leading $15.1b in net assets this week are triple the size of its little-brother GDXJ mid-tier gold miners ETF!  No other gold-stock ETFs come remotely close to GDX’s scale.

And the major gold stocks of GDX have been on a wild ride in recent months.  As gold itself got sucked into mid-March’s stock panic, which was fueled by fears of the economic impact of COVID-19 lockdowns, the gold stocks plummeted.  GDX collapsed 38.8% in 0.6 months into mid-March.  And the final couple days of that were technically a full-on crash, a 20%+ cratering in 2 days.  GDX crashed 24.5% in that span!

Read full article... Read full article...

 


Commodities

Wednesday, June 17, 2020

Gold Stocks Investment Strong / Commodities / Gold and Silver Stocks 2020

By: Zeal_LLC

Gold investment demand remains strong, buoying the yellow metal and its miners’ stocks.  Investors have continued actively diversifying into gold despite soaring stock markets and weaker summer seasonals.  The Fed’s extreme money printing fueling these precarious stock-market heights is perilously inflationary, making upping gold portfolio allocations essential.  This ongoing capital shift is likely to keep pushing gold higher.

The dominant driver of gold’s major price trends is investment demand.  While it isn’t the largest demand category, it varies greatly depending on global-financial-market conditions.  The best global gold supply-and-demand data is only published quarterly by the venerable World Gold Council, in its must-read Gold Demand Trends reports.  They highlight the big volatility inherent in gold investment demand in recent years.

From 2015 to 2019, jewelry demand averaged 51.2% of overall gold demand.  But the biggest jewelry year out of the last 5 was only 1.2x the smallest one in tonnage-demand terms.  Investment demand only averaged 29.0% of overall gold demand in 2015 to 2019, yet the difference between the best and worst years in this span was 1.7x.  The WGC’s latest GDT on Q1’20 again proved how important investment is.

Read full article... Read full article...

 


Commodities

Tuesday, June 16, 2020

Gold Stocks Correction and Upcoming Opportunity / Commodities / Gold and Silver Stocks 2020

By: Gary_Tanashian

Before updating the status of the gold miner (HUI) correction, let’s take a quick review of the Macrocosm, because it’s always a good time to be clear on important macro considerations.

The graphic makes the following points that are the foundation of the NFTRH view on the right/wrong times to be fundamentally bullish on the gold stock sector. In order of priority, a bullish view needs:

Read full article... Read full article...

 


Commodities

Monday, June 08, 2020

Gold Stocks Healthy Upleg / Commodities / Gold and Silver Stocks 2020

By: Zeal_LLC

The gold miners’ stocks just rolled over into a correction, raising concerns about the staying power of their massive post-panic upleg.  These higher prevailing gold prices have driven very-strong fundamentals at the gold miners.  But they are entering the seasonally-weak summer doldrums.  And current sentiment and technicals play major roles in governing when uplegs remain healthy or ready to give up their ghosts.

The GDX VanEck Vectors Gold Miners ETF remains the leading and dominant benchmark for this small contrarian sector.  Its $14.3b in net assets this week were a colossal 33.2x bigger than those of its next-largest 1x-long major-gold-miners-ETF competitor!  GDX’s only real rival is its little-brother GDXJ mid-tier gold-miners ETF, which is only about one-third of GDX’s size.  The GDX gold stocks have sure had a wild ride.

Normally the major gold miners of GDX leverage material gold moves by 2x to 3x.  Gold stocks’ excess gains during gold uplegs are necessary to compensate traders for miners’ big additional risks on top of gold-price fluctuations.  These include operational risks at individual mines, geopolitical risks in countries hosting gold mines, financial risks from hedging and currency fluctuations, along with many other risks.

Read full article... Read full article...

 


Commodities

Friday, June 05, 2020

Tying Gold Miners and USD Signals for What Comes Next / Commodities / Gold and Silver Stocks 2020

By: P_Radomski_CFA

The precious metals sector was likely to decline, and it did exactly that. And based on what we just saw, it’s likely to decline even more.

Once again, the situation yesterday and so far today developed quite in tune with what we wrote yesterday, so today’s analysis will take form of a broad update. Let’s take a look at the GLD ETF. In yesterday’s and Monday’s analyses, we described it in the following way:

Read full article... Read full article...

 


Commodities

Tuesday, May 26, 2020

The Anatomy of a Gold Stock Bull Market / Commodities / Gold and Silver Stocks 2020

By: Rambus_Chartology

Before we look at tonights charts I would like to go over some challenges that we’ll face as the current impulse move in the PM complex continues to move higher. It’s not everyday that you will find yourself getting in close to the bottom of a multi month rally. One of the biggest problems I’ve witnessed over the years, especially with PM stock investors, is they grow complacent as the rally phase starts maturing. They believe they are invincible as their profits rise and everything is right with the world. That complacency usually means not getting out close to the end of the impulse move which is extremely hard to do even if you’re looking for a top. They will either sell in panic as the correction takes hold or hang on to their positions during the entire correction which is emotionally hard to do.

I know many here traded in the 2000 to 2011 bull market in the precious metals complex. During that great bull market how many actually made any serious money? By making serious money I mean actually taking it out of the market to payoff debt or take a major vacation or help someone in need or whatever to actually use it. What the markets give us during the impulse rally will usually take it back during the following consolidation phase as investors aren’t aware of what is taking place until it’s too late. It’s just the nature of trading the markets.

Read full article... Read full article...

 


Commodities

Tuesday, May 19, 2020

Gold Stocks Fundamental Indicators / Commodities / Gold and Silver Stocks 2020

By: Gary_Tanashian

So here we are, with the sector leading the recovery out of the March crash during still-deflationary times. Inflation? It is not yet anywhere to be found, and that probably has a lot of inflation-centric would-be gold boosters on the sidelines. Someday, when these ladies are in full cheer with inflation signals rising, it will be time for caution.

Meanwhile, for years we have stuck to the real fundamental backdrop that would produce a real bull market in the gold stock sector (ref. the 2001 and Q4 2008 time frames).

Our handy ‘Macrocosm’ generally shows the most important considerations as the larger planets and the least important as the smaller ones. As the gold stock bull market starts to gain attention beyond we gold lunatics and enters the mainstream, I thought I would update each component of the Macrocosm.

Read full article... Read full article...

 


Commodities

Tuesday, May 19, 2020

Gold Mining Stocks Flip from Losses to 5x Leveraged Gains! / Commodities / Gold and Silver Stocks 2020

By: Jason_Hamlin

The gold price made a new 2020 high today and looks poised to take out the nominal all-time high around $1,920 and then challenge $2,000 in the months ahead. Some are even estimating that gold could climb to $3,000 by year-end on account of the nearly $10 trillion in new money/debt/stimulus that is being created in the US alone to fight the pandemic.

This 2020 gold price target of $3,000 is a little too aggressive in my view, but I would not be surprised if gold reaches this level at some point over the next few years. Indeed, there seems to be no limit to the amount of new money the FED is willing to create and the government is willing to hand out in order to keep things afloat.

Read full article... Read full article...

 


Commodities

Friday, May 15, 2020

Will Stocks Lead the Way Lower for Gold Miners? / Commodities / Gold and Silver Stocks 2020

By: P_Radomski_CFA

The precious metals market did almost nothing yesterday, and consequently we have relatively little to comment on today. There are two subtly bearish signs that we would like to feature, nonetheless.

The first subtly bearish sign is the change in the way the USD Index “topped” this month. In early April, and then in late April, the USDX reversed close to the 101 level and then moved lower in a decisive way, until declining below 99. This time has already proved to be different.

Read full article... Read full article...

 


Commodities

Friday, May 15, 2020

Gold and Silver: As We Go from Deflation to Hyperinflation / Commodities / Gold and Silver Stocks 2020

By: The_Gold_Report

Technical expert Clive Maund explains why he believes gold and silver are powering up for a stratospheric advance.

The deflation and depression is right here, right now, and if you don't believe that, try asking some of the 30 million people who just lost their jobs in the U.S., or those who (used to) work in the catering and tourism industries.

The Federal Reserve is reacting to this situation by working to create hyperinflation, because it finds it preferable to a deflationary implosion. There are two reasons for this. One is that it enables the Fed to continue to fulfill its time-honored role, which is to transfer wealth from the rest of society to the 1%, and the other is it defers complete systemic collapse for a little longer.

The Fed has created a staggering amount of new money since this crisis started a few months ago to feed the debt monster. Its balance sheet has gone exponential and is expanding vertically, guaranteeing hyperinflation, which will begin the moment the velocity of money starts to pick up. Currently there is no velocity of money because the economy is dead, but if you print enough money to throw at it, as in countless trillions, you can get things moving again.

Read full article... Read full article...

 


Commodities

Friday, May 08, 2020

Junior Gold Miners Ready To Run / Commodities / Gold and Silver Stocks 2020

By: Chris_Vermeulen

Both Gold and Silver Futures have been struggling to rally above recent high levels since the start of the global stock market collapse related to the COVID-19 virus event.  Yet, the Junior Gold Miners appear to be telling us the Precious Metals market is boiling hot.

Gold, the bell-weather safe-haven asset, initially collapsed when the US stock market started the massive selloff in late February 2020, then recovered to higher price levels near $1785 recently.  Since reaching these levels, Gold has stalled into a sideways price flag near major resistance.

Silver, on the other hand, is trading near $15.60 and has yet to really recover to anywhere near the levels it had achieved in early January 2020 (near $18.60).

Read full article... Read full article...

 


Commodities

Sunday, May 03, 2020

Monster Gains in Mining Stocks Bode Well for Gold and Silver / Commodities / Gold and Silver Stocks 2020

By: MoneyMetals

April marks a second month of truly extraordinary developments in markets – from negatively priced crude oil futures to a record spike in unemployment claims to a lockdown-defying rally in stocks.

The financial media is touting the S&P 500’s surge of more than 13% in April – the biggest one-month gain for the index since 1974.

Read full article... Read full article...

 


Commodities

Wednesday, April 29, 2020

Gold Stocks Bull Breakout! / Commodities / Gold and Silver Stocks 2020

By: Zeal_LLC

The gold miners’ stocks surged to a major bull-market breakout this week!  Powering decisively above their years-old secular resistance is a hugely-important technical event.  It proves this gold-stock bull is alive and well, greatly improves sentiment, and puts this high-flying sector on countless more traders’ radars.  New bull highs fuel self-feeding bullish psychology, as speculators and investors love chasing winners.

The gold miners’ stocks are essentially leveraged plays on gold, since its price overwhelmingly drives their earnings and thus ultimately stock prices.  So gold-stock bulls and bears mirror and amplify gold’s own major market cycles.  Today’s secular gold bull began marching in mid-December 2015, birthed from choking despair.  Gold stocks’ parallel bull arose from the ashes about a month later in mid-January 2016.

The GDX VanEck Vectors Gold Miners ETF is this sector’s most-popular benchmark today.  It plunged to a fundamentally-absurd all-time-record low of $12.47 at that terrible nadir.  This major gold miners’ ETF had collapsed 81.3% during the previous 4.4 years in an exceedingly-brutal bear market!  Left for dead, virtually everyone hated this small contrarian sector.  But such shocking extremes forge new secular bulls.

Read full article... Read full article...

 


Commodities

Monday, April 27, 2020

How Will You Play the Precious Metals Stocks Bull Market ? / Commodities / Gold and Silver Stocks 2020

By: Rambus_Chartology

There are as many ways to play the PM sector as there are investors. Some will only buy the big cap PM stocks for safety. Others will only buy the mid cap producers. Some will only buy a mix of big caps and mid cap producers. And then there are the PM stock investors that will only play the juniors. Each has its own advantage depending on your risk tolerance. Some of you are wondering why is Rambus’s portfolio structured like it is with hardly any big caps?

After a great run during the tech bull market that ended in 2000 I was able to basically retire and build our dream home. After that bull market ended I was left looking for another area in which to invest. It wasn’t until early 2002 that I saw a chart for gold which was showing a very large base that caught my attention. Whenever I see a big base I have to study it more to see what is behind the price action. The more I looked, it became apparent to me, that a new bull market may be starting to form in the PM complex.

Read full article... Read full article...

 


Commodities

Monday, April 27, 2020

Gold Stock Cycles / Commodities / Gold and Silver Stocks 2020

By: readtheticker

Gold stocks are the crazy ride in the markets. The swing are so great it does not matter if you miss a bullish the break out as another deep pull back allows you to enter with ease.

The good news is the (!XAU) PHLX Gold/Silver Index (in the chart below) is very friendly to price cycles. These cycles can be used for timing markets, it also makes it clear if you fight the price cycle you may be in line for a heavy draw down.

At the moment XAU price is making new 52 week highs and the blue cycle line suggest a cycle top is due, therefore it may be wise to wait for price to peak and pullback before building positions. A tactical reason (Richard Ney logic) is the big boys have been accumulating in the friendly institutional stocks and this will attract profit taking [as they do not want to get too far ahead of the wider market] easily sending down the gold stock index and components of the XAU.

Read full article... Read full article...

 


Commodities

Saturday, April 25, 2020

Junior Gold Miners Dangerously Close to the Cliff / Commodities / Gold and Silver Stocks 2020

By: P_Radomski_CFA

There are times to keep being focused on higher timeframes, yet the finer ones do send valuable signals at times too. And today, every precious metals investor better pay attention to their message. Take a look at the below chart featuring the miners.

We will compare the junior miners to what GLD ETF and SPY did. The latter are ETFs representing gold and the S&P 500.

Read full article... Read full article...

 


Commodities

Saturday, April 11, 2020

A ‘Good’ Thursday as Gold Stocks Show the Way / Commodities / Gold and Silver Stocks 2020

By: Gary_Tanashian

[edit] It goes without saying that gold miners and the royalty companies that live off them will be shown to have been impaired like many other companies by the coming Q2 numbers due to shutdowns. An emailer questioned my view on this and it has been one of my personal caution points. Markets should be looking ahead, but during this euphoric sentiment release across broad markets maybe they’re overlooking some things. The other caution point is that a big bullish expression on the heels of the Fed announcement is also a setup for short-term disappointment. So with respect to the daily chart below, maybe Friday’s gap will fill after all. But as noted in the article below “the gold stocks lead and their fundamentals and value proposition will have improved by leaps and bounds as we exit the COVID-19 global lock down”.

It’s a good Friday because I get to start my weekend work earlier. Many people temporarily have no weekends because they are huddled at home as one day bleeds into the next amid the global pandemic. Monday is Thursday is Saturday. Good Friday is Halloween is Festivus.

But when times are normal I have no weekends, working 7 days and most intensely on the weekends (with more freedom than the average worker on weekdays). When times are abnormal like now, I work hard on weekends but the more intense days are during the week. As one subscriber put it:

Read full article... Read full article...

 


Commodities

Monday, April 06, 2020

Gold Stocks Crash, V-Bounce! / Commodities / Gold and Silver Stocks 2020

By: Zeal_LLC

Gold miners’ stocks have endured epic volatility in this past month, literally crashing before blasting back higher in a violent V-bounce.  That preceding wicked capitulation flush savagely forced the weak hands out, paving the way for gold stocks’ next major upleg.  The resulting fierce rebound signals it is already underway, with plenty of speculators and investors now chasing the huge gains this sector is famous for.

Perspective is essential and exceedingly-valuable for traders.  If you don’t know where we’ve been and how we got here, you can’t figure out where we’re likely going.  Context is necessary to frame this past month’s extraordinary gold-stock action, and to successfully game where this sector should be heading.  Extreme volatility creates extreme opportunities, neither of which come around very often.  Carpe diem!

The leading and most-popular gold-stock benchmark is the GDX VanEck Vectors Gold Miners ETF.  It was the first gold-stock ETF launched way back in May 2006, giving it a first-mover advantage that has grown into an insurmountable lead.  GDX’s $10.2b in net assets this week were running 34.4x larger than the next-biggest 1x-long major-gold-miners ETF!  GDX’s recent raging action reveals what just transpired.

Read full article... Read full article...

 


Page << | 1 | 2 | >>