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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All Debts Will Eventually Be Extinguished

| December 15, 2014 | Category: Economy
All Debts Will Eventually Be Extinguished

Under today’s paper monetary system, debts and other financial obligations are never extinguished. They are merely passed from one person to another and eventually become an obligation of the government or its central bank. In the U.S. all debts become obligations of the U.S. government as federal reserve notes are by law obligations of the U.S. government. Since the Bank of England is a department of the British government, its bank notes are obligations of the British government. Nevertheless, these debts will eventually be extinguished.

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Gold Investors Weekly Review – December 12th

| December 13, 2014 | Category: Investing
Gold Investors Weekly Review – December 12th

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 $1,222.50 up $29.99 per ounce (+2.51%). Gold stocks, as measured by the NYSE Arca Gold Miners Index, fell 0.89%. The U.S. Trade-Weighted Dollar Index slipped 1.09% for the week.

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Gold Price Chart Shows Potential Of A Triple Bottom

| December 13, 2014 | Category: Price
Gold Price Chart Shows Potential Of A Triple Bottom

This is a short article with some observations on the daily and weekly gold charts. After dropping below important support, gold rallied back above it. Gold has also recently broken above a declining tops line. The weekly chart shows the bear trap and suggests the bullish dynamics of a triple bottom.

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Technical View On Gold’s Recent Breakout

Technical View On Gold’s Recent Breakout

It is unclear how long this rally in gold will last, but our indicators are confirming positive momentum. The Trend Model will not move from its intermediate- and long-term SELL signals until the 20-EMA has a positive crossover the 50-EMA. That would generate an intermediate-term Trend Model BUY signal. The long-term Trend Model will not change from a SELL signal until the 50-EMA crosses above the 200-EMA. That will require an extended gold rally in order to get those long-term EMAs to cross over.

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Silver Demand for Industrial Applications Forecasted at 680 Million Ounces in 2018

Silver Demand for Industrial Applications Forecasted at 680 Million Ounces in 2018

Total silver industrial demand is forecast to grow 27 percent, adding an additional 142 million ounces of silver demand through 2018 compared with 2013 levels, according to a new report issued today by the Silver Institute. Half of this growth will be accounted for by the electrical and electronics sector, but additional demand will be due to growth in other industrial applications, as highlighted in the report entitled, “Glistening Particles of Industrial Silver.”

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Wedge Breakout In Gold

Wedge Breakout In Gold

The long-term trend remains down for the Gold SPDR (GLD), but the ETF got a wedge breakout over the last two days and surged to the upper trend line of a rising channel. I would not call this resistance, but it does represent a sort of short-term overbought area. The wedge low marks key support at 114. The indicator window shows the Silver ETF (SLV) also getting a breakout with the surge above 16.

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Precious Metals Monthly Bank Participation Report: December 2014

Precious Metals Monthly Bank Participation Report: December 2014

Although JPMorgan, HSBC USA and Citigroup are the key U.S. bullion banks that are active in the COMEX futures market in the precious metals, it’s becoming more and more obvious that Scotiabank’s monster short positions in both gold and silver—but particularly silver—may put the bank in jeopardy at some point. That is, of course, unless they’ve got themselves covered in other markets like JPMorgan appears to have done in silver.

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Events Impacting Gold And Silver Prices In The Week Of December 8th

| December 8, 2014 | Category: Price
Events Impacting Gold And Silver Prices In The Week Of December 8th

For the week commencing December 8th, there are no economic releases that should cause significant volatility in the gold and silver price, nor are there key central bank announcements. Below is a more detailed calendar of economic data in key markets. This is the week where gold and silver could show their strength, or, inversely, become the victim of the tax loss selling in the U.S. and Canada. If the prices of the metals would hold up, it would be a very healthy sign; a replay of last year could be in the cards.

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Gold Investors Weekly Review – December 5th

Gold Investors Weekly Review – December 5th

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 $1,192.51 up $25.10 per ounce (+2.15%). Gold stocks, as measured by the NYSE Arca Gold Miners Index, rose 1.90%. The U.S. Trade-Weighted Dollar Index slipped 1.13% for the week.

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U.S. Jobs Report Hits Euro, Bonds And Gold

U.S. Jobs Report Hits Euro, Bonds And Gold

Non-farm payrolls for November surged to 321,000, which was the biggest monthly gain since January 2012. This positive news on the labor market weighed on the 20+ YR T-Bond ETF, the Euro ETF and the Gold SPDR. Bonds were down because this puts more pressure on the Fed to raise rates in the middle of 2015. The Euro was down because US economy is growing much faster than the European economy and demand for Dollars is outpacing demand for Euros. Gold was down because the Dollar was up and there is less demand for a safe haven.

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Spot The Bubble: Gold Price vs Citi Stock

Spot The Bubble: Gold Price vs Citi Stock

Citi analyst Buiter claims gold is a 6000-year-old bubble, perhaps Mr. Buiter has not seen this chart?

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Could Gold Surprise Us All?

| December 4, 2014 | Category: Price
Could Gold Surprise Us All?

Consider the fact that Gold has failed to break down below $1,200 properly on back of very negative news, where Swiss Referendum has voted no to Gold backing. Many great investors, such as Marc Faber, who taught me throughout my career that when an asset fails to break lower on very negative news, it is a sign that a major reversal in trend could be in the cards. Instead of the Gold falling to lower lows, price has recently shown that sellers have potentially exhausted themselves. Could we see a breakout, instead of a group-think breakdown, from the wedge seen in the chart?

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Metals Look Bullish As Evidenced By Gold to Silver Ratio

| December 3, 2014 | Category: Price
Metals Look Bullish As Evidenced By Gold to Silver Ratio

Adding evidence to the bullish case, is the magnitude of how oversold Silver became. On Monday Asian trading hours, Silver was being dumped so quickly that it reached 80 on the ratio between it and Gold in matter of hours. This level isn’t a magic by any means, but has usually been some kind of a historic floor and good buying spot. We have seen major bottoms at this ratio level in 1986, 2001, 2008 and maybe even currently (in early 1990s ratio widen even more).

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New Signs Gold and Silver Are Returning as Monetary Assets

New Signs Gold and Silver Are Returning as Monetary Assets

Granted, it seems unlikely that the U.S. or any major country will return their currency to a classical gold standard anytime soon. But signs abound that precious metals are re-entering the public consciousness – and will be playing a more prominent role in monetary systems as geopolitical tensions rise, debt levels become more unmanageable, and public confidence in political institutions wanes.

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