Latest Gold & Silver Price News

Is Silver’s Break Out An Early Bullish Signal For Gold?

| October 8, 2015 | Category: Price
Is Silver’s Break Out An Early Bullish Signal For Gold?

The chart shows that silver has already broken out from a major 3-year declining trendline. Silver has a track record to lead the precious metals complex. Is silver’s early break signalling a trend change? Or is this simply another false breakout, as we have witnessed quite some over the last years? Given the above conditions, we believe there is a fair chance that this breakout is for real.

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Ground Zero in the War on Cash: Greece

Ground Zero in the War on Cash: Greece

Greece offers us an interesting example. It will allow us to observe the spread of the tentacles of Europe-style statism as well as the measures the population will undoubtedly take to resist it. Since the Greeks are unlikely to meekly submit to statist oppression, this promises to be quite exciting. Who knows, we may eventually even get the opportunity to see what happens if a total cash ban is introduced. Given that Greece is brimming with British gold sovereigns, we can already guess how such a decree would be undermined by enterprising Greeks.

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A Stealth Bull Market in Gold and Silver Is Underway

| October 7, 2015 | Category: Investing
A Stealth Bull Market in Gold and Silver Is Underway

What gold and silver investors want to know above all is when the bull market will resume. In a very real sense, it already has resumed. Futures market prices aside, evidence abounds that a raging bull market in physical precious metals is now underway.

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Two Charts That Gold Bulls Will Love

| October 6, 2015 | Category: Price
Two Charts That Gold Bulls Will Love

First, the U.S. dollar is taking quite some time consolidating. With a U.S. Fed kicking the can down the road when it comes to hiking interest rates, the market has clearly understood that the dollar cannot rally, at least not in the short to mid term. The strongly declining volume on the chart suggests interest in the dollar is waning. Second, gold is attempting to make a huge breakout, as evidenced on the following chart. The number of touchpoints on the resistance line is 5. The area between support and resistance line is minimal. If gold will succeed in breaking out, it will be THE long anticipated trend change.

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Close To Technical Buy Signals In Gold And Silver

| October 6, 2015 | Category: Price
Close To Technical Buy Signals In Gold And Silver

For the first time since the precious metals topped in 2011, both the Silver and Gold charts are constructing possible bottom configurations. The monthly Gold chart displays the bear trend that began with the completion of a major descending triangle in April 2013. As shown on the weekly graph, the decline in Silver from the 2011 high has been one for the textbooks. The decline has complied with the principles of classical charting as well as any other market in recent years.

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Why Gold Prices Will Rise

| October 6, 2015 | Category: Price
Why Gold Prices Will Rise

Gold prices will rise because of war, increasing debt to pay for those wars, and the inevitable destruction of purchasing power of fiat currencies. Because insolvent, hopelessly indebted countries owe far more than can ever be repaid in CURRENT dollars, euros, pounds and yen – and therefore central banks will “print” and devalue. Because, regardless of the story promoted by politicians and bankers, it is unlikely that interest rates can be maintained at multi-generational lows for several more decades. Because the inevitable derivative disaster will make the 2008 crisis look like a summer rain compared to the financial hurricane that approaches.

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Steen Jakobsen Increased Its Gold Investments To 20%

Steen Jakobsen Increased Its Gold Investments To 20%

Saxo Capital Markets main scenario for balance of 2015 and into 2016 is this: Fed will not hike in 2015. We’ll see a weaker USD. Gold (& silver) will be the best performing asset class into the end of Q1-2016. SCM sees gold in 1400/1450 by end of Q1-2016.

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Silver Prices Winding Up for Potential Breakout

| October 5, 2015 | Category: Price
Silver Prices Winding Up for Potential Breakout

The weekly silver chart now shows an interesting wedge pattern developing. Silver prices briefly touched the bottom of the wedge last week before closing near the top. A solid weekly close above $15.50 would represent a bullish upside breakout, while a decisive break below $14.50 would carry bearish near-term implications.

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Incredible Signs of a Bottom in Gold and Mining Sector

| October 4, 2015 | Category: Stocks
Incredible Signs of a Bottom in Gold and Mining Sector

It’s an easy gain for investors, but the sector has been left for dead and is hated, a classic sign of a major bottom. FutureMoneyTrends.com will soon be releasing some of the top junior mining companies to own right now. Looking at the actions of Ray Dalio, George Soros, Rick Rule, Eric Sprott, and other legendary investors. NOW is the time to enter the metals and mining shares.

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Weekly Gold Market Review For October 2nd

Weekly Gold Market Review For October 2nd

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 $1,138.82 down $7.58 per ounce (0.66%). Gold stocks, as measured by the NYSE Arca Gold Miners Index, gained 2.65%. The U.S. Trade-Weighted Dollar Index slipped 0.40 percent for the week. The senior miners got a reprieve with the late week surge in gold prices and outpaced the junior miners while the S&P/TSX Venture Index lost 2.94 percent.

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Gold And Silver: A Reality Check

| October 3, 2015 | Category: Price
Gold And Silver: A Reality Check

As we look to the charts, they continue to support suppression prevailing over-supply and demand. The average person uses daily and intra day charts to assess what is going on. This is somewhat akin to “looking at the trees instead of the forest.” The larger time frames are the equivalent of the forest for they depict a truer picture, and smart money references them without regard to the lower time frames used by most everyone else.

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Gold and Miners Jump as Dollar Dumps

| October 2, 2015 | Category: Price
Gold and Miners Jump as Dollar Dumps

Gold and gold miners benefit from falling bond yields today. Gold is a non-yielding asset. As a result, its appeal increases when bond yields fall. That’s especially true if the dollar is dropping as well (more on that shortly). Gold may also be benefiting from increased tensions in the Mideast. The daily bars on the first chart show the Gold SPDR (GLD) jumping the equivalent of $23 dollars today (+2.2%). Gold is recovering from a five-year low, and has a long way to go to reverse its major downtrend. The same is true of gold miners.

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Silver Shortage Intensifies As Premiums Reach Another Record High

Silver Shortage Intensifies As Premiums Reach Another Record High

Even mainstream media has noticed it: silver coins are going through a true squeeze, with demand up significantly and premiums reaching an all-time high. Reuters reported today that “the global silver-coin market is in the grips of an unprecedented supply squeeze, forcing some mints to ration sales and step up overtime while sending U.S. buyers racing abroad to fulfill a sudden surge in demand.”

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Global Players at the Financial Poker Table

Global Players at the Financial Poker Table

The Fed and Treasury can “print” trillions of currency units and commercial banks can borrow into existence trillions more, but ultimately gold and silver must be revalued much higher to compensate for the extraordinary printing and devaluation of fiat currencies.

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