Latest Gold & Silver Price News

When Will Precious Metals Rally? Not In 2015.

| March 14, 2015 | Category: Price
When Will Precious Metals Rally? Not In 2015.

A few charts on the Federal Reserve’s worthless fiat “dollar,” start our chart line up. We keep referencing the “dollar” as worthless because in truth and reality, it is. Any “value” ascribed to the “dollar” comes from everyone’s imagination. It is the ultimate Ponzi best described by “the emperor is wearing no clothes.” It reflects the largest propaganda scam by the elites to get people to accept worthless fiat paper as having “value,” while maintaining that gold and silver have none. Stackers know otherwise, the majority of others do not, judging by their actions.

Continue Reading

Long-Term Correlations Between The Dollar And Oil, Stocks, Bonds, Gold

| March 13, 2015 | Category: Price
Long-Term Correlations Between The Dollar And Oil, Stocks, Bonds, Gold

The correlations between Dollar-Oil and Dollar-Gold are much stronger, and negative. The 12-month Correlation Coefficients fluctuate above and below the zero line, but the 60-month moving average is mostly negative. Oil and the dollar were positively correlated from 2000 to 2004, but this did not last long as the negative correlation returned. The relationship between gold and the Dollar is by far the strongest, and a strong Dollar is clearly hurting gold.

Continue Reading

How Apple’s Gold Watch Will Keep the Bull Market Ticking

How Apple’s Gold Watch Will Keep the Bull Market Ticking

As an investor who is bullish on the precious metals, you want to see continued new uses being found for them. And that is exactly what is taking place in all four of today’s precious metals markets – gold, silver, platinum and palladium. Long before Apple made its gold watch announcement, precious metals were helping people “tell time.” They gave – and continue to give – those who possess them the ability of not only protecting their wealth, but often times their families’ lives during times of approaching financial storm and political strife. The clock is ticking.

Continue Reading

Gold To Profit From The Coming Dollar Correction

| March 12, 2015 | Category: Money & Currency
Gold To Profit From The Coming Dollar Correction

The key take-away is that the dollar can certainly go higher from here, but the rally is close to cool down. Also, no matter how impressive the recent rally has been, its strength has been historic, so it should not be realistic to expect a similar strength going forward. These factors make us think that the pressure on commodities, including the precious metals complex, is about to fade.

Continue Reading

Why Gold Will Shine In The Near Future

Why Gold Will Shine In The Near Future

Gold investors have been suffering in the last 3.5 years. The outlook for gold, however, is quite positive, according to John Hathaway. Driven by extremes in sentiment, the fact that the gold production will fall at current price levels, the advances in institutionalizing the Chinese gold market, the world monetary system, it seems that gold investors will be rewarded in the future. In a recent interview with The Gold Report, Tocqueville Asset Management fund managers Doug Groh and John Hathaway share their view on the gold market.

Continue Reading

Potential Breakdown In Gold And Silver Prices Towards Bear Market Lows

| March 11, 2015 | Category: Price
Potential Breakdown In Gold And Silver Prices Towards Bear Market Lows

Now, we are witnessing a potential breakdown in prices towards new 52 week lows and bear market lows, while majority of the hedge funds have still not been shaken out. In my humble opinion, a major bottom in Gold will still occur around $1,000 per ounce, as discussed many times. More importantly, until we see hedge funds (COT Managed Money) get towards net short positions in both Gold and Silver, we most likely won’t be near a meaningful bottom.

Continue Reading

Silver Projection With Coming Dollar Correction

| March 11, 2015 | Category: Price
Silver Projection With Coming Dollar Correction

Unbacked paper currencies are being printed to excess and they will devalue in purchasing power. Silver and gold have been real money and valuable for thousands of years, in contrast to hundreds of paper currencies that have been inflated into nothingness. I don’t know what will happen to the S&P, but we can be relatively certain the prices for gold and silver will rally substantially as all paper currencies inevitably weaken.

Continue Reading

Gold’s Downtrend Continues

Gold’s Downtrend Continues

GLD went to new lows again this week so the Raff channel can be extended. Nothing but a downtrend here. Broken support marks first resistance in the 114.5 – 115 area. Key resistance remains in the 117 area.

Continue Reading

The US Dollar Is Topping. When?

The US Dollar Is Topping. When?

My take is that the dollar is at or close to a multi-year high and that the trip back down will be ugly. But most markets are managed and consequently what makes sense is often irrelevant when manipulated by High-Frequency-Trading and political agendas. It is far better to be an insider rather than an analyst peering through purposely distorted windows into the opaque world of international capital flows and currency manipulations.

Continue Reading

Better Sit Down for This Junior Gold Miners Target

Better Sit Down for This Junior Gold Miners Target

For four months, GDXJ has been playing toe-sies with a 20.83 target that was put in play back in August. While there is always the possibility that this popular junior mining-stock vehicle is about to turn higher, the weight of the visual evidence suggests lower prices are more likely. If so, a 16.54 (!) target would be in play

Continue Reading

More And More Americans Look To Protect Their Wealth Offshore

More And More Americans Look To Protect Their Wealth Offshore

The primary reason to go offshore is SAFETY. The clients and families I work with, almost entirely, are focused on mitigating US-centric litigation risk and political risk. That is where jurisdictional diversification can make a huge difference.

Continue Reading

Silver and Gold: Shelter From the Storm

Silver and Gold:  Shelter From the Storm

Debt will increase substantially from here, until a massive reset occurs. Gold and silver, in spite of financial cartel resistance, will assert their real value and be priced much higher, depending on the quantity of debt created, loss of confidence in government and central bankers, and the amount of chaos that occurs during the coming storm. Exponentially increasing systems do not last forever. Gold and silver do.

Continue Reading

Gold Saying Lower Still

Gold Saying Lower Still

It’s not a happy sign that Friday’s selloff crushed several Hidden Pivot supports I’d noted, including a worst-case number at 1167.10. The overshoot was $4.20, sufficient to imply that any rally be regarded as a short-sale opportunity. As of around 4:25 a.m., the futures were butting up against the1173.10 correction target shown. It’s worth a three-tick stop-loss, but this vehicle would become a short-term buy on any pullback from above either of the two labeled ‘external’ peaks.

Continue Reading

Gold Tumbles On Rising Rates

Gold Tumbles On Rising Rates

Gold got hit hard Friday on two fronts. One was the sharp jump in U.S. interest rates. The other was the surge in the U.S. Dollar to the highest level in eleven years. The chart below shows the price of gold tumbling $29 (-2.4%) on Friday to the lowest level for the year. And it did so on rising volume.

Continue Reading