Tag: gold silver miners

Gold Miners Are Coming Alive

| October 23, 2015 | Category: Stocks
Gold Miners Are Coming Alive

Our most interesting observation of this week is that gold has traded flat for a couple of days but that gold and silver miners were rising significantly on those days. We know that miners have a track record of leading the metals both higher and lower. That being said, this week’s price action in the gold mining space could be of exceptional significance. The three key gold and silver mining indices are all flashing the same bullish signals. The chart below features several indicators which are mainly sending bullish signals.

Continue Reading

Precious Metals Complex Breaking Downtrend

| October 16, 2015 | Category: Price
Precious Metals Complex Breaking Downtrend

The precious metals sector has enjoyed decent gains over the last two weeks. The two charts below learn that three out of the four major assets within the Precious Metals sector have broken out from their downtrends (only GDX lags).

Continue Reading

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.

Continue Reading

High Confidence In Gold Stocks Even If Consolidation Will Continue

| September 15, 2015 | Category: Stocks
High Confidence In Gold Stocks Even If Consolidation Will Continue

We believe that the new commitment to cost transparency, greater financial discipline and shareholder value represent a crucial – if late in coming – insight into the sector’s managers. Whether this new focus turns out to be mere lip service or not will become evident in coming quarters. Since the sector’s massive write-downs and value adjustments were one-off events, they could result in greater upside leverage. We therefore believe that gold stocks continue to exhibit a strongly asymmetrical risk/reward profile at present.

Continue Reading

3 Gold and Silver Miners Worth Buying

| September 1, 2015 | Category: Stocks
3 Gold and Silver Miners Worth Buying

Whenever the mining shares enter another rally phase I expect silver miners to out-perform the gold miners. My portfolio is overweight the silver miners (AG, SLW, CDE, HL, PAAS, SSRI. MVG) but First Majestic (AG) is one of my favorites.

Continue Reading

How Low Can Gold & Silver Go? Have Miners Reversed?

How Low Can Gold & Silver Go? Have Miners Reversed?

Gold is moving lower and support along the bottom of the price channel is failing. In the daily chart price remains in its $1084-1100 price range but the big picture suggests that we will see lower prices. The entities pushing the paper price of Gold and Silver lower are going to continue pushing until they can’t make anymore headway with their strategy.

Continue Reading

More Downside Likely In Precious Metals. Unique Buying Opportunity To Follow.

| July 10, 2015 | Category: Price
More Downside Likely In Precious Metals. Unique Buying Opportunity To Follow.

We appear to be in the early stages of the final act in this precious metals bear market. Gold breaking below $1140-$1150/oz could put us in the middle stages. Our work shows that miners are not yet extremely oversold and have room to fall before reaching strong support. Gold breaking below $1150/oz and then $1100/oz would initiate further losses in the miners and bring them very close to that extreme oversold condition. It is the combination of an extreme oversold condition coupled with strong technical support that creates a very favorable buying opportunity.

Continue Reading

Bullish And Bearish Forces In The Gold Market

Bullish And Bearish Forces In The Gold Market

The price of gold has gone nowhere in the last two years and has created a 2-year basing pattern. That is constructive for gold prices as the stronger the base, the stronger the next trend. But a trendless market also indicates a battle between bullish and bearish forces.

Continue Reading

Gold Mining Index Shows Bullish Signs

Gold Mining Index Shows Bullish Signs

We looked at these charts just a few weeks ago. The charts still look pretty so I’m doing a quick update. Price continues to base above the 152 support level. MACD is rising steadily on a buy signal. The transition, of course, is from downtrend to uptrend after three+ years of steadily lower prices. The blue Andrews pitchfork is describing what could be a nascent uptrend in this sector.

Continue Reading

How To Recognize The Long-Awaited Breakout In Precious Metals

| April 21, 2015 | Category: Price
How To Recognize The Long-Awaited Breakout In Precious Metals

The chart provides some answers to that question. In particular, it shows the trendlines in a simple and clear manner, for gold, silver and miners. Based on those trendlines, it seems that none of these assets were able to break out so far. In case we would see a break through the trendlines, ideally in all of those assets together, then we can be quite confident that we finally have a trend change. The chart provides almost exact targets to watch for a structural breakout.

Continue Reading

Some Bullish Elements On The Gold Mining HUI Chart

Some Bullish Elements On The Gold Mining HUI Chart

The financial crisis in 2008 knocked the wind out of precious metals stocks and HUI returned to the 150 level once again. After testing this long-term support level, price zoomed higher, this time increasing 400% in less than three years. Today we find the HUI back at the 150 level after more than three years of painful declines. There are some really bullish aspects to this chart.

Continue Reading

The Case For Junior Precious Metals Miners

The Case For Junior Precious Metals Miners

Junior gold and silver miners spent more than the seniors on exploration during this timeframe ($14.6 billion compared to $12.5 billion), and their discoveries collectively had a much higher valuation ($12.1 billion compared to $7.9 billion). Accordingly, they were roughly 30% more effective than seniors at generating wealth for investors.

Continue Reading

Gold Price Reverses Near Key Rectracement Level

| April 15, 2015 | Category: Price
Gold Price Reverses Near Key Rectracement Level

The first chart shows Spot Gold getting a bounce off the 1140 level in mid March and hitting resistance in the 1220 area twice now. I think the long-term trend for gold is down because of the 52-week low in November. Even though the surge to 1300 looked impressive, gold gave it all back with a decline back to the November lows and the current bounce only managed to retrace 50% of the prior decline. At this point, the immediate trend is up, but this is a counter-trend move. A break below support in the 1180 area would signal a resumption of the bigger downtrend and project a move to new lows.

Continue Reading

Extremes In The Markets: Expect Consequences (Part II)

Extremes In The Markets: Expect Consequences (Part II)

Debts will increase until a “reset” occurs. Politicians will “extend and pretend” and make MANY promises. The S&P has enjoyed a large rally in the last 6 years. It will correct. Bonds are in a massive bubble, partially created by the low and negative interest rates forced upon the system by central banks. All bubbles eventually burst. Gold and silver and their stocks have been beaten down for four years. They will rally to new highs.

Continue Reading