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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The Cyprus-ization Of Precious Metals

The Cyprus-ization Of Precious Metals

What is currently going on in gold and silver is nothing short of a concerted effort to crush PM advocates. It is a measure of how desperate the central banking cabal has become.

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Gold & Silver – Bullish Hopes In A Bear Market While Trend Wins

Gold & Silver – Bullish Hopes In A Bear Market While Trend Wins

The point is to keep a level head in what appears to be turmoil for the real turmoil is on the other side, the opposition to PMs as a known alternative to the issue of worthless fiat. We cannot say nothing has changed, for price just got lower, but the attempt to destroy whatever opposes fiat debt is obviously a high priority for central planners, and their message is very clear: they will stop at nothing to continue their fraud. Nothing.

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Gold & Silver Comex Prices May Be Manipulated But Still Accurate

Gold & Silver Comex Prices May Be Manipulated But Still Accurate

As to the futures, we have been guarded throughout, making some profitable trades and some unprofitable ones, but not with any degree of risk exposure because the trends have been down. Along with recommending to buy the physical, we have also been consistent in not recommending the buying of futures.

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Gold & Silver – The Stakes Just Got Higher

Gold & Silver – The Stakes Just Got Higher

What this tells you is that your money is no longer safe in any financial institution, in any country. The banking cartel smells new blood, easy prey: direct confiscation of deposits. What everyone now knows, or should, is that all money deposited into a bank becomes an unsecured loan. This is the earliest warning you will ever receive. You no longer control or own your money, once you deposit it into the hands of financial hyenas.

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Do Not Buy Gold & Silver At Your Own Peril

Do Not Buy Gold & Silver At Your Own Peril

This is no longer about which asset is performing better? This is all about which asset will preserve wealth the best. Gold has a 5,000 year history. Even the thieving central bankers are buying gold!

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Gold And Silver – Where Is The Rally? What Is Missing?

Gold And Silver – Where Is The Rally? What Is Missing?

So many headlines are saying “$5,000 Gold, or $10,000 Gold; Silver, The Investment of the Decade,” etc, etc, etc. Will that happen? A history of failed fiat currencies says yes. When will it happen? That is the question few articles address because they simply have no clue, beyond their sensationalized headlines.

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Gold & Silver – Increased Odds For A Rally, Clock Is Ticking

Gold & Silver – Increased Odds For A Rally, Clock Is Ticking

Based on the tape, [in chart form], precious metals appear postured for a rally. To what degree is unknown, but current developing market activity favors one. Silver continues to outperform gold. The monthly, weekly and daily price charts reveal very interesting and valuable information.

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Market Says Decline Not Over, Silver More Pivotal Than Gold

Market Says Decline Not Over, Silver More Pivotal Than Gold

Developing market activity is the best and most reliable source for market information. All you have to do is follow what the activity is saying, and you will have the clearest idea of where the market is headed. Near term, the market says the current decline is far from over. Our downside target of $1600 gold has been exceeded, while the $28 target for silver has not been met.

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Gold Silver Price Decline Not Over – Monitor Markets For Turnaround

Gold Silver Price Decline Not Over – Monitor Markets For Turnaround

We often make a distinction between buyers of physical precious metals, and buyers of futures, exhorting the former to buy with impunity, and some may see that as cavalier, given how the price for both gold and silver have been in recent decline. The larger picture for gold is as bullish as ever. We provide two strong facts to confirm why, on the monthly chart.

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Gold And Silver Are A Buy! $1600 and $28 Targets?

Gold And Silver Are A Buy! $1600 and $28 Targets?

If Venezuela were any guide, we would have to say buy gold and silver! Those Venezuelan citizens who held paper Bolivars took a 46% hit on their purchasing power. Those citizens there who held gold and silver saw an equivalent 46% jump in their holdings. If you think it cannot happen here, you are wrong. It already has. Included are the daily and weekly gold and silver charts with commentary.

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Will Gold & Silver Follow Copper’s Upside Breakout?

Will Gold & Silver Follow Copper’s Upside Breakout?

Copper may be outshining its other metal cousins as its price has an upside breakout. It remains potential until confirmed by the next successful retest. While there is no clear correlation between copper, relative to gold and silver, there is an occasional lag / lead aspect to them, and it may be that if this upside breakout holds, it can only help gold and silver.

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Gold And Silver – Pushing On A String Amidst A Shaky Environment

Gold And Silver – Pushing On A String Amidst A Shaky Environment

The January monthly charts are now complete. Not sure that anything new can be learned, but it is always worth looking, never presuming anything. Remember, the point of reading developing market activity is to make factual observations of the information that the market is generating. From a buy-the-physical perspective, it remains a no-brainer. Keep on buying, at any level, at any price.

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Gold And Silver Truth-Seeking: Fundamentals & Opinions Are Useless

Gold And Silver Truth-Seeking: Fundamentals & Opinions Are Useless

There is truth to the consideration that all fundamentals and opinions are useless in the markets, as they pertain to timing, and timing plays a huge role when investing. What fundamentals & opinions do is put one’s belief system into a context with regard to the market. If you know about the fundamentals, to whatever degree you believe, or if you have an opinion, the question then becomes, “What are you going to do about it?” It does not matter what others say about the market. What matters is what the market says about others. The market is, and always will be, the final arbiter of all “facts” and “opinions.”

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Gold, Silver And Money Near Crunch Time

Gold, Silver And Money Near Crunch Time

Money is the barometer of a society’s virtue. Money is so noble a medium that does not compete with guns and it does not make terms with brutality. It will not permit a country to survive as half-property, half-loot. Money is near crunch time. Looking at the charts, gold and silver are also nearing crunch time. The author remains very bullish on both gold and silver.

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