Author Archive: Michael Noonan

Michael Noonan, mn@edgetraderplus.com, is a Chicago-based trader with over 30 years in the business. His sole approach to analysis is derived from reading developing market pattern behavior, found in the form of Price, Volume, and Time, and it is generated from the best source possible, the market itself.

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Gold And Silver – Knowledge Is Not Of Value. Using It Is.

| July 13, 2013 | Category: Price
Gold And Silver – Knowledge Is Not Of Value. Using It Is.

Buy gold, buy silver, and hold it yourself. If you do not hold it, you do not own it. Period. If you hold gold and/or silver in paper form, that is what you own…paper. Everyone is free to choose.

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Silver – The Precious Metals Bellweather? Possibly!

| July 8, 2013 | Category: Price
Silver – The Precious Metals Bellweather? Possibly!

It appears that silver is at a potential bottoming area, and very close attention to how price develops from today forward may provide key information from which one can profit. To start, everything in a chart is potential until it is confirmed. The adjective bottoming, as in ongoing, is used because a bottom of any market is a process. It does not happen in just one day, and it can sometimes take several months to reverse a down trend. Always keep that in mind, and let the market prove itself to prevent needless risk exposure for those insisting to be first.

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Gold And Silver – It Is Silver Sending A Message.

| July 6, 2013 | Category: Price
Gold And Silver – It Is Silver Sending A Message.

When will this bear market in PMs turn around? When it does, and not a moment before. This is not some flip answer, it just happens to be the way all bear markets end: when they do. We have seen calls for a turnaround for several weeks now, none of which have been even close.

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Gold & Silver – Purely A Mental Game Right Now. Do Not Blink.

| June 29, 2013 | Category: Price
Gold & Silver – Purely A Mental Game Right Now. Do Not Blink.

The price of gold and silver are closer to a bottom than a top. The QE-Infinity is closer to a top and will collapse under its own “goldless” weight. The PM holders are on the correct side of history. Understand that it has been one of the bigger world scams played by the central bankers, the illuminati who believed themselves untouchable, beyond the scope of comprehension by the non-banking world.

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Hold Physical Gold And Silver – The End Is Near; Just Not In Sight

| June 22, 2013 | Category: Price
Hold Physical Gold And Silver – The End Is Near; Just Not In Sight

Civil war, [government induced], social upheaval, revolution. These are the more extreme forms of what can happen that will impact the [worthless] “value” of fiat. Whatever the reason[s], it does not matter. What does matter is that you have precious metals and that you continue to buy them because the end is near. What no one knows is when or how it all will end.

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Gold And Silver – Greater Certainty Is Found In Charts

| June 15, 2013 | Category: Price
Gold And Silver – Greater Certainty Is Found In Charts

We can assert the trend is down because of lower lows and lower highs. What can be seen, at this point, is a very small range, so far, following a small range in May that closed poorly. What we know for certain is that the downtrend has not yet changed, so lower prices can be expected. We may hold an opinion that gold will ultimately be considerably higher in value, but there is no confirmation that price has begun to rally.

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Gold & Silver – Reality Does Not Matter. Potemkin COMEX Does.

| June 8, 2013 | Category: Price
Gold & Silver – Reality Does Not Matter. Potemkin COMEX Does.

Even though the weekly gold price looks weak, one should not take anything for granted. The daily gold price chart is more interesting, and it may be the best barometer for what to expect, moving forward. You can see the difference in the price distance. Are we getting a market clue that sellers are running out of effort?

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Gold & Silver Price – Monthly, Weekly, Daily Closes. The Story.

| June 1, 2013 | Category: Price
Gold & Silver Price – Monthly, Weekly, Daily Closes. The Story.

We hold that the higher time frame charts are more controlling than lower time frames. The month of May had a smaller range on increased volume. What this says is that the buyers were meeting the effort of the sellers, preventing the range from extending lower. The close, about mid-range the month, confirms this observation. That would be the qualified good news.

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Gold And Silver – Markets Provide Us The Best Information

| May 25, 2013 | Category: Price
Gold And Silver – Markets Provide Us The Best Information

Even with the sharp decline from last month, and the overall decline since September of 2011, there is still bullish spacing. It occurs when the current swing low is above the last swing high, from 2008. It tells us that buyers have been willing to buy into the market without waiting to see how the last swing high will be tested, an overall bullish condition.

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Gold & Silver Price – The True Story Is All About Time. Be Prepared.

Gold & Silver Price – The True Story Is All About Time. Be Prepared.

If you choose to stay in the banking system, expect to take losses on anything held in a bank. Read that sentence as many times as it takes to have it sink in. What have the bankers been hell-bent on destroying and discrediting? Gold and silver.

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Gold & Silver – It Could Get Uglier And Take Longer

Gold & Silver – It Could Get Uglier And Take Longer

For all the short-comings of the paper prices reported by the COMEX and what resulting charts, are saying, they will be used until something better comes along. Regardless of what the charts show, one should continue to buy physical gold and silver, personally hold it, on a regular basis. Fiat currencies will continue to be debased by governments.

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Will The Price Of Gold & Silver Continue To Go Lower?

Will The Price Of Gold & Silver Continue To Go Lower?

Will the price of gold and silver continue to go lower. We think they will. Does that mean you should wait before buying more? That has now become a personal decision that needs to be viewed in the context of what has been expressed above, and there are so many other instances that can be cited.

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Gold & Silver – War Unofficially Declared on 12 April 2013

Gold & Silver – War Unofficially Declared on 12 April 2013

The gloves are off, and central bankers are on a full frontal assault against all [paper] holders of gold and silver. Ironically, that very overt assault is the biggest clue of how fearful those in power really are. Fear, a sign of weakness, and the New World Order does not want anyone snooping behind their curtain of Oz.

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To Central Bankers: You Are Golden Toast On A Silver Spoon

To Central Bankers: You Are Golden Toast On A Silver Spoon

Price is not the ultimate issue, at this stage. Owning and having possession of the physical is what matters. Silver may be at $23, and gold at $1,400, but try buying them at those prices! Get what you can, whatever the price.

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