Tag: gold outlook

Gold Price In 2014 Consolidating Above Major Support Area

Gold Price In 2014 Consolidating Above Major Support Area

So far, the gold price in 2014 in the first six months has been trading in a tight range between $1190 and $1390. The yellow metal had one significant rally in February / March and one moderate rally starting in June. The price chart has a clear “line separator” in the $1270 – $1280 area which has served as major support throughout the first half of the year.

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Gold Is Entering Its Seasonally Strongest Period Of The Year

Gold Is Entering Its Seasonally Strongest Period Of The Year

So when the fundamentally-driven tailwinds of the strong autumn seasonals combine with heavy buying of the GLD gold ETF by American stock traders and gold futures by American futures speculators, we are likely looking at one exceptional autumn gold rally! It won’t be smooth, it won’t climb in a nice straight line, and there will be sharp setbacks. But on balance gold is perfectly poised for a major new upleg.

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Huge Upside Potential In Gold Miners

Huge Upside Potential In Gold Miners

Since September 2012, the S&P500 and the gold mining indexes decoupled from each other. Today, the disconnect between both is huge. From a technical perspective, it appears that the gold miners are testing a resistance line which goes back spring 2013. One should closely monitor the ongoing price action in the gold miners. If they would be able to break through the current price point (250 area), then the good days of gold and silver miners could be here. That would indicate underlying strength in the precious metals complex, and hence in the metals as well.

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Outlook for Gold, Stocks, Economy by Incrementum’s Advisory Board

Outlook for Gold, Stocks, Economy by Incrementum’s Advisory Board

The second Advisory Board meeting of Incrementum Liechtenstein has taken place, in which all relevant and important topics for gold investors have been discussed.The economic situation and China in particular, a monetary policy update, the geopolitical situation, a stock market review, and precious metals and miners market update.

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How Eastern Gold Demand Is Transforming The Gold Market

How Eastern Gold Demand Is Transforming The Gold Market

With his strategic position at the Perth Mint, Bron Suchecki has an excellent view on the gold market. The current situation, specifically at the Perth Mint, is characterized by no selling but also by a lack of new buying (at private investment level). Last year’s selling has been concentrated in the ETF’s and short term trading (on institutional level). Selling appears to be exhausting at this point, which is an important evolution. Increased Western gold demand in the future could lead to a squeeze because existing Eastern holders will be the suppliers, and they will only offer the metal at higher prices.

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Gold Prices Supported by Renewed Concerns about Global Financial Market

| July 15, 2014 | Category: Price
Gold Prices Supported by Renewed Concerns about Global Financial Market

I believe prices may correct before they move higher due to safe-haven buying as financial market concerns reemerge amid an escalation of geopolitical tensions.

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Peter Schiff: Gold’s Rise Confounds Wall Street Banks

Peter Schiff: Gold’s Rise Confounds Wall Street Banks

In the first edition of the new Gold Videocast, Peter delivers his verdict on the gold market for the first half of 2014, analyzes Janet Yellen’s performance so far as Fed Chair, and makes some contrarian forecasts for the rest of the year. One of the interesting points he makes, is that gold’s rise has confounded Wall Street banks that advised their clients to sell in expectation of a big correction.

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Structural Over-Indebtedness Argues For Further Upward Revaluation Of Gold

Structural Over-Indebtedness Argues For Further Upward Revaluation Of Gold

From the latest In Gold We Trust report: We expect that financial repression as well as wealth taxes in various facets will increasingly gain in importance in coming years. We believe this to be a disastrous strategy, as the redistribution will merely buy time, while the structural problems remain unsolved.

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GLD Showing First Bullish Signs In 2014

GLD Showing First Bullish Signs In 2014

The combination of an increase in gold holdings with an above average number of traded GLD shares, on rising gold prices, is a sign of strength, one we haven’t see for a long time in the gold market. Investors should not ignore this.

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QE: Quantitative Easing or Questionably Effective

QE: Quantitative Easing or Questionably Effective

The rally in the S&P, when priced in barrels of crude oil, does not look nearly as impressive. Remember – a small percentage of people benefit from higher stock prices, but everyone pays when oil prices rise. The price of gold has increased over the past 15 years, and will, thanks to the good folks who are bringing us more debt and QE, probably increase much more in the next few years.

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Gold Is The Only Asset Class That Has Held Its Value Over The Millennium

Gold Is The Only Asset Class That Has Held Its Value Over The Millennium

You see these strange massive selling sprees of gold in the cash market. That’s not the way an investor usually would sell. That’s a good way to lose money. Those sellings there clearly were intended by someone to drive the price of the precious metals lower, and you look at who has the biggest interest there and get a pretty good idea where the purchase’s coming from. You may have further of that but the long term trend here is to the upside. Gold is the only investment class, only asset class that has held its value, its purchasing power over the millennium.

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Geopolitical Tensions are Supporting Gold Prices in the Short and Long-Term

Geopolitical Tensions are Supporting Gold Prices in the Short and Long-Term

With slowing growth and rising inflation, I wonder what central bankers will do next. So far, all they have done is create an ocean of credit that is acting as a lifeline to bankrupt countries and financial institutions. And, if the central banks stop printing, these institutions will be in serious trouble. On the other hand, the inflationary effects of their monetary policy are starting to be felt all over the world. So if central banks keep printing, they will do even more damage to their currencies and anyone who uses them. I am very happy that I own physical gold and silver.

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Few Believe Gold Can Shine

| June 25, 2014 | Category: Technicals
Few Believe Gold Can Shine

From an Investor Cycle standpoint, we’ve yet to break the bear market trend-line. That’s OK, because Gold is the slowest in this sector to react and it’s only 14 days into what should be a 6 month Cycle. What a new Investor Cycle shows, however, is the potential ahead – a normal Investor Cycle can add up to 20% in gains before topping out.

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Gold Price Relative To Monetary Base At All-Time Low

Gold Price Relative To Monetary Base At All-Time Low

The newest edition of the annual In Gold We Trust report is out. This eight edition goes again to the heart of gold’s value and analyzes the yellow metal as a monetary asset rather than an industrial commodity. The In Gold We Trust 2014 report takes a sober look at the big picture in the monetary system and offers a holistic analysis of the gold sector.

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