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.

rss feed

Author's Website

Gold And Silver: Current Price Is The Story

| September 20, 2014 | Category: Price
Gold And Silver: Current Price Is The Story

Forget all the news, all the fundamentals, all the [mostly errant] price projections. There is a reason why a picture is worth more than 1,000 words, and this is one of those times where it is best to focus on pictures of the market, over various time frames, to get a better handle on what to expect moving forward. Put to rest every so-called PMs pundit or blogger that has persistently been calling for higher prices or saying the low is in. We keep saying that the best and most reliable indicators come from the market. Time to stop listening about what others have been saying about the market and pay closer attention to what the market is saying about others.

Continue Reading

NWO Equals Deceit, Debt, & War. Precious Metals A Casualty.

NWO Equals Deceit, Debt, & War. Precious Metals A Casualty.

If you want to know why your holdings of physical gold and silver have remained under suppression, it is because both are anathema to paper fiat currencies, and the ones who are in control, the moneychangers, will not tolerate competition against their fiat Ponzi monopoly scheme. Not until the elite bankers lose control of the fiat US “dollar” can you expect to see dramatic price increases for gold and silver, irrespective of any and all fundamentals and more widely recognized efforts of manipulation.

Continue Reading

Elite’s NWO Losing Traction, Expect War, Precious Metals Still In Trading Range

| August 30, 2014 | Category: Investing
Elite’s NWO Losing Traction, Expect War, Precious Metals Still In Trading Range

Why to expect [more] war? That is all the Rothschild banking establishment knows, and truth be known, it has been extraordinarily effective. Will it be a conventional war? No one knows, but that seems less likely in this day and age. Regardless of what one thinks about the news or the underlying bullish fundamentals for both gold and silver, if all one did is look at what the charts are saying about those who are buying and selling precious metals, one would have the best and most accurate read for what is going on in real-time.

Continue Reading

Low Gold And Silver Prices Are Not The Reason To Own Precious Metals

| August 23, 2014 | Category: Price
Low Gold And Silver Prices Are Not The Reason To Own Precious Metals

The end is nearer and nearer, just not in sight, but for those who can exercise even a minimal amount of foresight, taking self-direction has never been more important. The charts give no indication of panic by those in control of the PM market through the use of derivatives. The fact that China is endeavoring to become the next gold trade center, in control of a legitimate pricing mechanism has done nothing to alter the chart read. Gold has almost disappeared from the headlines this past week, and the fact that it cannot make a move out of its protracted trading ranges explains why. There is nothing apparent over which one can be enthused for the prospects of higher prices, but one must always be prepared for events when they do happen.

Continue Reading

Precious Metals Will Rise With Dollar Demise, Just Not Soon

Precious Metals Will Rise With Dollar Demise, Just Not Soon

Once the grip of the fiat “dollar” gives way, and it is slowly losing ground, then the price for gold and silver will find their more natural value. Not until. When might that happen? It could be weeks, it could be months, maybe even another year or two, but whenever it happens, it is more likely to be an overnight “adjustment,” with little or no gradual rise, as many may expect. The price could be $1,300 or $1,800 one day, and the next day it could be $4,500 or $7,500 the ounce. No one knows for certain, but at least you know some of the options. Plan accordingly.

Continue Reading

New World (Dis)Order Continues To Slip But Dictate Precious Metals Prices

| August 2, 2014 | Category: Price
New World (Dis)Order Continues To Slip But Dictate Precious Metals Prices

Earlier in the year, we stated 2014 could be like 2013, price-wise, and that appears to be playing out. However, as the idiom goes: appearances can be deceiving, and it is certainly true of the chart prices for gold and silver. The natural forces of supply and demand would have PM prices much higher, if for no other reason than an inflation adjustment. It is the ongoing exertion of unnatural forces that have been dictating prices for so long.

Continue Reading

Use The Magic Of Gold/Silver Ratio To Greatly Increase Your Physical Holdings

Use The Magic Of Gold/Silver Ratio To Greatly Increase Your Physical Holdings

The magic of compound interest is well known. What is lesser known is the magic of the gold/silver ratio, not as a measure as it is mostly viewed, but as an application for increasing one’s holdings substantially, over time. What is so great here is that no magic is involved, rather simply utilizing the market to more than double your holdings.

Continue Reading

BRICS And Germany Will Pave The Way For Precious Metals

| July 19, 2014 | Category: Price
BRICS And Germany Will Pave The Way For Precious Metals

The seemingly never-ending mosaic of events have yet to coalesce into one that has a more definitive direction that will ultimately drive gold and silver higher. We are now in the second half of 2014, and our conjecture that 2014 may be a repeat of 2013 is still in play. In weekly gold, the lower of two protracted trading ranges, persists with no clear sign of a breakout. This week, we show the extent of price rally and time, viewing each swing up and down.

Continue Reading

Trend Change Developing In Gold And Silver Prices, Just Not Confirmed

| July 12, 2014 | Category: Price
Trend Change Developing In Gold And Silver Prices, Just Not Confirmed

Charts contain the resulting input from all the decision-makers, from the most informed to the least informed, and the aggregate information that can be gleaned from news, regardless of source, found in the charts. There has been a smart rally over the past two months, but far from the strongest and the most dollar gain. It is still occurring within the confines of a protracted trading range. The June and December 2013 respective rallies gained much more, and the current rally may as well, but we can always only deal with what is known and not what may or may not come to pass.

Continue Reading

For Now, Gold And Silver Charts Proving More Reliable Than Fundamentals

| July 5, 2014 | Category: Price
For Now, Gold And Silver Charts Proving More Reliable Than Fundamentals

Pick your poison for knowing what news is impacting gold and silver these days. Both have been in year-long TRs, [Trading Range], within a broader down trend context. That may be in the process of changing, but change takes time. From our limited point of view, the list of events that are impacting the suppression of gold and silver all revolve around the NWO destruction of the petrodollar, that fiat Federal Reserve Note, commonly called the “dollar,” and soon to lose its status as the world’s reserve currency.

Continue Reading

Gold And Silver Prices Don’t Show A Defined Bottom

| June 28, 2014 | Category: Price
Gold And Silver Prices Don’t Show A Defined Bottom

The month of June ended well, [Monday’s activity not yet occurred], but there is no defined indication of ongoing strength. The close did not close above April’s small range high. One would not think it a big deal, but that small range was a failure of the buyers to maintain a rally, and an inability to rise above that mark, given a second opportunity, is not the best showing for buyer’s ability to prove their worth.

Continue Reading

Gold And Silver – Western World Is Upside Down

| June 21, 2014 | Category: Economy
Gold And Silver – Western World Is Upside Down

In a break from a thematic undertone to link to gold and silver, here are some ramblings that are more underpinnings to the core problems that have left people unfocused and dealing with symptoms, no matter how they may seemingly appear to be core issues.

Continue Reading

Dollar Collapse Or War? Elites Will Opt For War And What It Means For Gold

Dollar Collapse Or War? Elites Will Opt For War And What It Means For Gold

The world has never been in a position like this before, where all global currencies are fiat and dependent upon central banker power. The push for a New World Order is inexorable, and make no mistake, the monied elites are fully in control, or almost so. We maintain this is why so many in the Precious Metals community have miscalculated the timing for when gold and silver would take off to the upside, collapsing the Fed’s fiat “dollar,” or as a result thereof.

Continue Reading

Debt Is Trouncing Precious Metals, For Now

| May 31, 2014 | Category: Price
Debt Is Trouncing Precious Metals, For Now

Gold and silver are the exact opposite of debt. When you own gold and silver, you own it outright. You know by the unrelenting manipulation of the price for both by the central bankers how desperate they are to keep it from challenging their grand fiat scheme. We are adherents of letting the market interaction of price and volume, as found in the charts, speak loudest and silence a great many “opinions” offered from a variety of sources.

Continue Reading