Gold continues to consolidate above the October high, while silver’s bottoming breakout becomes more legitimate by the day. Why is the gold/silver ratio still moving in favor of gold?
Link to Mike Maloney’s analysis, as it is always beneficial to hear different perspectives:
Silver continues to hold a break above our bottoming wedge pattern… how low can it go without negating this breakout?
Gold has hit the lower range of our expected fall — what price do we want to see for gold prices to confirm a new uptrend?
Gold made a significant breakout this week. Can we confirm or deny this move based on gold priced in other currencies?
Also a look at one of the most famous attempts to suppress the price of gold, and how that ended for the Central Banks. Neither gold nor any market can be held back over the long run, and we are getting strong signals now that a new era of rising prices is commencing in front of our eyes.
Thank you for watching.
The precious metals are at critical junctures that will mark the final lows for the bear market since 2011. The surge in gold during the New Year has been impressive, with prices rising from $1,045 per ounce to hit $1,200 as this article goes to press, a gain of 15%. Has the final low been put into place?
Gold’s Key Resistance Level
We back our charts out to a 15-year timeframe to view the current action in proper context. Below we can see the rise in gold from 2001 through the peak in 2011, followed by the current bear market. Since early 2013, the downward moves have been defined primarily by a clear series of waves contained within a linear downtrend channel as shown in blue.
Continue reading the full article for free on our partner site Gold Eagle…
The levels that gold and silver need to break to confirm their long-term bottoms are very clearly defined on our medium-term charts, and today we look at those signals.
Also, the mining sector is showing a strong early warning indicator that a bottom is close at hand.
The iGold Power channel on YouTube will provide advanced education for those investors looking to achieve maximum profits during the upcoming revaluation higher in the precious metals.
Today we look at why one would want to consider diversifying some of one’s investment capital into the gold & silver mining sector. We look at historical examples during the last cycle higher.
Also a detailed update on the GDX fund, and what topics we intend to cover in this channel going forward.
This week the gold mining companies are showing an important break above a multi-year downtrend pattern — a very important signal for those looking to invest in the sector.
Meanwhile the Federal Reserve is caught between a rock and a hard place, and today we look at how the small 0.25% rate hike has affected banks such as Citibank.
Thank you for watching.
Our trade of the decade is to go long only the highest quality gold and silver mining companies, and to short the broad S&P 500 Index. By several important valuation metrics, these indices are at historic extremes. When focusing on recent patterns, we are seeing early warning indicators that the trends in the stock market and the gold sector are soon to change, if they have not done so already.
Continue reading the full article for free on our partner site Gold Eagle…
Link to research report: https://igoldadvisor.com/free-reports/
Today we examine a critical fundamental driver of the gold market: demand from India. How much of the world market belongs to this country and what do trends there tell us for the future?
Gold’s short-term uptrend is becoming more clearly defined, while silver has clear technical resistance.
Also, an update on a new YouTube channel and research that will be geared toward precious metals investors with a higher reward and risk tolerance. Thank you for tuning in and all your support.
The US Federal Reserve today announced no change in its interest rate policy, after the first rise in nearly a decade this last December. Let us compare different markets and their reactions to the announcement today.
Also, we look at silver’s line in the sand… even though there is still the possibility for more weakness, a significant breakout is not far away…
Gold is still holding its short-term uptrend from December, while Silver’s 3-month consolidation pattern continues. Which way will it break?
Recent strength in the US Dollar versus major world currencies prompts us to take a look again at new targets for the Dollar, and what impact this should have on precious metals this year.
The US stock market, having risen relentlessly since the crash of 2008, has for the first time in seven years closed on a weekly basis below its major rising trend channel. The significance of such a technical breakdown cannot be understated: broken multi-year trends signify exactly that — change in a market direction. In this case, the transition we are witnessing is from a bull market to a topping pattern. After a topping pattern, bear markets follow.
Continue reading the full article for free on our partner site Gold Eagle…
We are continuing to see gold outperforming all other commodities, as a new gold uptrend emerges. Silver is lagging gold at this point, a pattern which should be expected at certain times for silver investors.
Also, what is happening with our early warning indicator Silver Wheaton (SLW)?
Gold bounced where expected right below $1,075, while silver continues to grind above and below $14.
Meanwhile, the US stock market shows a critical break of its uptrend, the first such break in 7 years.
What are the ramifications of this trend change?
New patterns developing across the gold and silver complex. There has been continued outperformance by the precious metals against most other commodities. Zooming in on the bottoming formations in play.
Today we also look at the Australian Dollar (AUD) price for gold and silver. Gold has been extremely strong in this currency — can this give us clues for gold in US Dollars?
This week we look at Gold vs Oil — the two are closely related at certain times. What does the ratio tell us about the price of gold in the coming months?
How have gold and silver performed relative to oil over the last several years?
Including weekly updates on new trend patterns in gold.
Welcome everyone back from the holidays. Today we look at the latest in the pending gold/silver bottoms, the Euro price analysis for both metals, and an updated view on the mining complex.
Last week we looked at a methodology for identifying select equities that have the potential to rise thousands of percent after a market crash. The technical criteria involves finding a market sector that has undergone a severe Stage IV decline (stage analysis, see graph below) and then scanning for individual companies that are significantly outperforming during the final parts of the crash (relative strength). These are the companies showing signals similar to Amazon in 2008, which has risen 1,100% since the crash of that year.
We have evaluated hundreds of gold mining stocks, and bring to you here two of the strongest examples for consideration. These are the companies that are poised to provide tremendous gains once the price of gold and the HUI Index stabilize and begin uptrends.
Gold mining is a tough business. It has been said that more people became wealthy during the California Gold Rush of 1848-49 by setting up supply shops and hotels to serve prospectors than by actually mining for gold. Indeed in the modern era, there are over a thousand companies involved in the production and exploration of gold ore throughout the world — yet a significant percentage will wind up bankrupt, either unable to find sufficient gold in the first place or even more frustrating, unable to bring their known gold to the surface for a profit.
So why bother with the gold mining business at all? Because for those few who do succeed in this business, the gains can be phenomenal. Companies that find a significant deposit of gold and then successfully mine it can see gains in excess of 1,000% over the course of a few years.
Happy New Year!
Today we give our predictions for 2016, as well as analysis on the last week of trading in the gold and silver markets.
Each week we are also looking at the precious metals in different world currencies: today in the British Pound (GBP).
On Wednesday, the US Federal Reserve Board unanimously voted to raise interest rates for its overnight lending facility by 0.25%. This puts the target range set by the Central Bank to between 0.25 – 0.50%, with some leeway for rates to fluctuate within this zone.
The move was largely anticipated by the futures market, which began pricing in a near-certain interest rate hike in November. In theory, other world markets should not have reacted with much volatility following the decision, because the rate increase should have been priced in for related assets.
Yet interestingly, an analysis of major asset classes since the decision reveals some distinct price movements. While three days’ worth of trading certainly does not constitute a long-term trend, when viewed within the context of emerging patterns already present in major international markets, this type of analysis can provide valuable clues as to the developing shifts in underlying fundamentals.
Silver, seemingly forgotten after almost five years of declines, emerged as the leader after the rate decision, in major divergence with the rest of the commodity sector and even superior to the traditional safe-havens.
Silver showing outstanding leadership in the three days since the historic Federal Reserve rate hike. Let’s put this in perspective versus other world assets.
Also includes a quick review of the broad trends in play for anyone new to these videos. Welcome, I strive to provide the clearest analysis possible on the gold and silver markets.
A look at how various asset classes around the world finished today, after the historic Fed interest rate decision. How does this impact the lows forming in gold and silver?
The last presentation before the Fed meeting on Wednesday, the markets seem to be pausing to get a better idea of what the Central Bank has in store. So we take this opportunity to look at one of the biggest fundamental backdrops for the price of the precious metals, the Dow / Gold ratio. What is this telling us is to come for both gold and silver?
There is much discussion in the financial press regarding the upcoming Federal Reserve meeting on December 15-16 and the likelihood of an increase in the Federal Funds Rate, which has been held close to 0% by the Central Bank since the financial crisis of 2008. The futures market is currently pricing in a significant chance for a rate increase to between 0.25 – 0.50% at the upcoming meeting. This, in turn, has made precious metals investors increasingly nervous in recent weeks, as many have come to believe that rising interest rates mean gold and silver will fall, due to an expected move higher for the US Dollar after the rate hike.
It is time to dispel this myth once and for all. Indeed, in 70 years of publicly available data from the Federal Reserve Board itself, we can very clearly see that rising short-term interest rates correspond to rising precious metals prices. Both recent examples and historic trends will illustrate this point.