Tag: chart analysis

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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