Latest Gold & Silver Price News

Gold And Silver Jump On Bullish Price Action

Gold And Silver Jump On Bullish Price Action

What dominates the GLD chart is a bearish reverse flag formation. However, rather than executing with a breakdown below the flag, it broke out above the flag. When you see a bullish outcome to a bearish technical pattern it is a sign of positive momentum. This is confirmed by the Price Momentum Oscillator (PMO) which bottomed. A PMO bottom in oversold territory is generally a good set up.

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A Change Underway In The Suppressed Gold And Silver Down Trend?

| November 15, 2014 | Category: Price
A Change Underway In The Suppressed Gold And Silver Down Trend?

You can see how the general level of volume has picked up in the month of November. The fact that the volume increase is occurring at the lows, if they hold, usually indicates a change from weak hands into strong. Keep in mind, it takes time to turn around a trend, and the down trend can change into a sideways move before an up trend occurs, so patience has merit for not “jumping the gun,” which often means a false start. Gold has dropped 770 dollars from its highs. A rally of 55 dollars should not be viewed as game-changing.

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Ted Butler To Silver Miners: COMEX Is Responsible For Low Silver Prices

Ted Butler To Silver Miners: COMEX Is Responsible For Low Silver Prices

“The only thing a silver miner must be careful about in adopting an approach of openly petitioning the regulators to address the goings on in COMEX dealings is to stick to the facts and don’t say anything wrong. Unfortunately, there are an incredible amount of misstatements of fact regarding the COMEX’s role in setting silver prices that a miner repeating them will reduce any petition to a fool’s errand. I would assist any miner desiring to petition the regulators.”

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GLD and SLV Technical Picture for November 2014

GLD and SLV Technical Picture for November 2014

The GLD surged almost 3% on Friday, plunged over 2% on Monday and advanced 1.43% on Tuesday. There may be some support in the 110 area and the ETF is still quite oversold, but the bigger trend is down and this is the dominant force. I will leave first resistance in the 115 area

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How Is Paper Gold Trading Affecting The Gold Price

| November 13, 2014 | Category: Price
How Is Paper Gold Trading Affecting The Gold Price

My point is that this market is much too easily rigged , and that the warnings about manipulation are valid. At some point, too many customers will demand physical delivery and there will be a big crash. Long contracts will be liquidated with cash payouts because there won’t be enough gold to deliver. I saw a few squeezes in my 20 years trading futures, including gold. In my opinion, the futures market is not safe. The tougher question is: for how long will big banks’ dominance continue to pressure gold down?

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The Dow Jones To Gold Ratio: Will 2015 Be The Turning Point?

| November 11, 2014 | Category: Price
The Dow Jones To Gold Ratio: Will 2015 Be The Turning Point?

The Dow Jones to Gold ratio had moved to a low of 6:1 in 2011. Since then, the stock market has been going north relentlessly while gold started a downtrend which lasts 3 years meantime. The current Dow Jones to Gold ratio stands at 15:1, its highest level in since 2007. As the Dow is now at all time highs and gold looks to be looking for bottom, there is a real chance that the ratio is about to turn. If history is about to repeat, the Dow to Gold ratio should continue its downward trend to its lows similar to the 1:1 ratio as in 1980.

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Banks Continue Their Criminal Activities, Make Sure You Own Physical Metals

| November 11, 2014 | Category: Investing
Banks Continue Their Criminal Activities, Make Sure You Own Physical Metals

While it is impossible to function without a bank account, it is imperative for individuals to do whatever it takes to preserve their wealth. If there is a financial collapse coming, your bank and your government are not going to do a darn thing to save you. And, instead they will destroy your wealth and leave you destitute. This is why it is important to hold both physical gold and silver.

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Silver to S&P 500 Ratio Suggests A Silver Price Rebound

| November 10, 2014 | Category: Investing
Silver to S&P 500 Ratio Suggests A Silver Price Rebound

Based on Friday’s upticks, last week may have been the turning point for silver prices and the silver to S&P ratio. Or perhaps the S&P will continue reaching for the sky even though QE is supposedly diminishing, while silver prices drop further below the cost of production. Both seem unlikely but we shall see. What is clear is that silver and gold are currently selling at bargain prices and the S&P is selling at very high prices. If the silver market has finally found a bottom then silver is – right now – an excellent investment, financial insurance, and protection for your purchasing power and savings.

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Events Impacting The Gold And Silver Price In The Week Of November 10th

| November 10, 2014 | Category: Price
Events Impacting The Gold And Silver Price In The Week Of November 10th

For the week commencing November 10th, there are some key economic data coming both from the U.S. and European Union. There is only one formal Central Bank statement expected, i.e. one from Governor Mark Carney in the UK on Wednesday; he will talk about the quarterly inflation report. Mainly the data on Friday have the potential to cause some moves in the markets and metals.

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Gold Price Bounces. Is This A Trend Reversal?

| November 9, 2014 | Category: Price
Gold Price Bounces. Is This A Trend Reversal?

Friday’s bounce was also driven by profit-taking which is part of the reason why we don’t think the rally will be sustained. Even if it does push further higher, it would do really well reach, let alone break, the $1180 level. For as long as it remains below this broken support level, our technical outlook on gold will remain bearish. Meanwhile the 127.2% extension of a separate move, the short-lived rally from the 2013 low comes is at the psychological $1111.1 level. This is our extended bearish target.

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Gold Investors Weekly Review – November 7th

Gold Investors Weekly Review – November 7th

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 $1,177.98 up $4.50 per ounce (0.38%). Gold stocks, as measured by the NYSE Arca Gold Miners Index, rose 5.94%. The U.S. Trade-Weighted Dollar Index climbed 0.73% for the week.

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Charts Of Gold And Silver Reveal Power Of Elite’s Central Bankers

| November 8, 2014 | Category: Economy
Charts Of Gold And Silver Reveal Power Of Elite’s Central Bankers

If some of the strongest known fundamental demand for gold and silver has had no effect on price, the question has to be, why not? The simple and only answer is the elite’s protecting its Ponzi fiat scheme, for they can never allow gold and silver to be considered as an alternative to their fiat paper issue. All they can do is what they have been doing for over 100 years, manipulate gold and silver, crushing them as viable alternatives to the “dollar” [more accurately, Federal Reserve Note], and the Euro dollar.

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Ron Paul: Watch Out When People Start To Distrust Our Money

| November 6, 2014 | Category: Economy
Ron Paul: Watch Out When People Start To Distrust Our Money

Ron Paul says in an interview with Global Gold: If people don’t trust us or our money anymore, we will have to tighten our belts. Once the trust is lost, the more money you print, the less the trust is going to be. Right now, they have no other place to go. They could go and beg Europe to print Euros, but they trust the dollar more. As long as they keep doing that, these insane policies will continue. I think that governments need to fold, they need to be blamed for what they are doing. Central banks need to be able to defend hard asset money, gold and silver, because it works. And yet, right now, there’s just a few of us who believe that, but I think the day will come where people will realize the truth. We have been through similar situations before.

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Rick Rule: No Capitulation In Gold Stocks Yet, Only A Nasty Sell-off

| November 5, 2014 | Category: Stocks
Rick Rule: No Capitulation In Gold Stocks Yet, Only A Nasty Sell-off

In a complete capitulation, stocks melt down dramatically and some stocks just go ‘no bid.’ That hasn’t happened yet, which means that we may be witnessing a very nasty sell-off, but not complete capitulation.

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