Author Archive: Gold Silver Worlds

These are the authors of te News Desk of GoldSilverWorlds.com. Based on several years of experience and research, the network behind GoldSilverWorlds.com created a trusted guide of verified Gold & Silver websites, online services and articles. Providing top quality and trusted sources is the primary objective; helping create awareness about Gold & Silver among people worldwide is the aimed result.

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We Are In A Transition To A Multi-polar Currency System

We Are In A Transition To A Multi-polar Currency System

We are currently in a transition period to a multi-polar currency system. The period of dollar dominance appears to be slowly but surely coming to an end. In the wake of Russia and China significantly strengthening their strategic alliance in recent months, it appears as though Western sanctions have heralded a new round in the struggle over the global monetary architecture.

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Is There Much Downside In Gold?

| November 3, 2015 | Category: Price
Is There Much Downside In Gold?

There is not much room left to the downside, given the structure of bear markets. When carefully observing the second chart above, one can clearly see that the absolute bottom is being set around the 2nd year, following a very sharp reversal of a top. That type of extreme reversal occurs once. Such a bear market behavior is visible in today’s bear market as well. It means that the drop of 2013 was the key event in this bear market, and prices can go somehow lower but not to a significant extent.

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COMEX Gold Again Capped A Rally. Gold’s 2 Downside Targets.

COMEX Gold Again Capped A Rally. Gold’s 2 Downside Targets.

Gold was looking good until last week Wednesday, October 28th. It must be a coincidence that the COMEX futures gold price always drops significantly on the day of an FOMC meeting / announcement. Right now, gold sits on its 50 day moving average (DMA). If support fails, our downside target becomes $1125 at the lower median line of the blue modified-Schiff fork. The lower median line of the red modified-Schiff fork is around $1050.

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COT Data For Gold At Topworthy Level

| October 31, 2015 | Category: Trading
COT Data For Gold At Topworthy Level

Last week we noted that the level of commercial net short positions was high enough to get ready for a trend change. That’s a cue to be extra attentive to indications of trend change. That trend change was brought about by the FOMC’s Oct. 28 announcement, which hinted at a probable rate hike in December 2015. How did the commercials know that was the way that the ball was going to bounce? They do seem to have that talent a lot of the time, which I suppose is how they got to be the big money.

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Silver’s Bearish Signal

| October 30, 2015 | Category: Price
Silver’s Bearish Signal

While the next Commitment of Traders positioning report will be released tomorrow, the current data we have available shows that hedge funds and other speculators are extremely optimistic on precious metals, and in particular Silver. We are at record high managed money net longs (hedge funds), which must be very surprising to gold bugs. The fact that the price has not made a higher high nor cleared the 200 day moving average – and yet every Tom, Dick and Henry piled into this trade – tells us there is still room further downside. Obviously we are wrong with a tight stop above the 200 day moving average, however looking at the dumb money positioning and various bloggers opinions, we believe there is a lot of potential disappointment coming.

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Claudio Grass: Why This Monetary System Will Collapse

Claudio Grass: Why This Monetary System Will Collapse

Moving into physical gold requires the correct mindset, and the appropriate big picture vision. Investors and individuals should hold physical metals in a safe haven place like Switzerland for the right reasons, not as a trade for instance. And the safe haven appeal of Switzerland is still very much intact. For instance, the U.S. government or IRA cannot approach Global Gold directly. Only in case of a serious case, they can submit the suspicious activity to the Swiss government system, which then will assess whether it is an issue according to Swiss law, and only then can question the gold sitting in a private vault.

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Silver Hedgers Hold Largest Short Positions Since 2010

| October 28, 2015 | Category: Trading
Silver Hedgers Hold Largest Short Positions Since 2010

The latest Commitments of Traders report showed an eagerness to sell the metals, in particular gold and silver. Both are at levels that coincided with peaks in the metals over the past three years. In silver, hedges now have their largest short position since 2010. As noted last week, this is a huge test for metals and silver in particular. If it can continue to rally in the face of heavy pressure from hedgers, it will be an excellent sign that the bear market is likely over.

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Technicals: Gold Working Its Way Higher

Technicals: Gold Working Its Way Higher

Gold is working its way higher with a nice pullback to what should be support along the median line of this modified-Schiff pitchfork. This chart is meant to emphasize the failed triple-bottom zone where, IMO, a significant amount of resistance can be expected. After a multi-year downtrend many people were expecting the $1180’ish level to be the bottom. When it failed in late-2014 sentiment became very dark which of course set the stage for a quick rally up to $1300. Breaking above this triple-bottom zone and establishing it as support again will be a major milestone.

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Weekly Gold Market Review For October 23d

Weekly Gold Market Review For October 23d

In his weekly market review, Frank Holmes of the USFunds.com summarizes this week’s strengths, weaknesses, opportunities and threats in the gold market for gold investors. Gold closed the week at $1,164.572 down $12.60 per ounce (-1.07%). Gold stocks, as measured by the NYSE Arca Gold Miners Index, gained 0.19%. The U.S. Trade-Weighted Dollar Index surged 2.71 percent for the week. Junior miners underperformed seniors for the week as the S&P/TSX Venture Index’s loss of 0.91 percent.

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How Much Paper Gold Is Being Traded Daily?

How Much Paper Gold Is Being Traded Daily?

The gold market is also dominated by derivatives, or, in our own words, ‘paper gold’. But what is the dollar value of the ‘paper gold’ market? Here is an estimate. Think about it: How is it possible that derivatives are able to set the price of a physical asset?

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Gold Miners Are Coming Alive

| October 23, 2015 | Category: Stocks
Gold Miners Are Coming Alive

Our most interesting observation of this week is that gold has traded flat for a couple of days but that gold and silver miners were rising significantly on those days. We know that miners have a track record of leading the metals both higher and lower. That being said, this week’s price action in the gold mining space could be of exceptional significance. The three key gold and silver mining indices are all flashing the same bullish signals. The chart below features several indicators which are mainly sending bullish signals.

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Amazing Chart: Silver To Start A Huge Rally?

| October 22, 2015 | Category: Price
Amazing Chart: Silver To Start A Huge Rally?

Note how silver started a huge rally, both in 2003 and 2008, when the gold to silver ratio reached the upper border of its long term range. Are we about to experience a similar rally now?

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Gold Is Exceptionally Cheap At The Moment

Gold Is Exceptionally Cheap At The Moment

According to Hathaway, gold is exceptionally cheap at the moment because the radical monetary policies practiced by the world’s leading central banks have led to an egregious mispricing of risk by investors at large. We believe that the Fed’s continuing (and increasingly glaring) inability to normalize interest rates validates our long standing thesis that monetary extremism cannot be unwound without triggering a slew of unacceptably painful consequences for the holders of risk assets and bonds.

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Costs For Banks To Hold Gold To Rise Up To 300 Pct

Costs For Banks To Hold Gold To Rise Up To 300 Pct

As noted by Reuters, new liquidity rules for banks in the EU could raise costs for trading gold by up to 300%. Consequently, banks will be forced out of the market, according to London Bullion Association (LBMA).

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