Tag: gold silver miners

Short Term Picture For Precious Metals Complex Is Mixed With Bullish Bias

Short Term Picture For Precious Metals Complex Is Mixed With Bullish Bias

Although gold and silver had one of their worst days of the year. Overall the technical damage is limited. However, the fact that silver and the miners declined much sharper than gold is not a good sign. The short term picture for the precious metals complex is mixed with a positive bias.

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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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Gold Stocks Starting To Outperform Gold

Gold Stocks Starting To Outperform Gold

Gold mining stocks are doing better than the commodity itself. Since the start of 2014, the GDX has gained 27% versus a 9% gain in bullion. The rising GDX/gold ratio has exceeded its spring high to reach the highest level in ten months. That tells us two things. First, that miners are a stronger bet than the commodity. Second, it’s a good sign for bullion itself. That’s because gold usually does better when miners are leading it higher.

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Precious Metals and Miners About To Start New Bull Market?

Precious Metals and Miners About To Start New Bull Market?

Metal and Miners are currently at a key juncture and are very close to print a point of recognition of a new bull market. Price action will be very important in the coming days to valid this new cyclical bull market. Our first leveraged positions on May 30 in Metal and Miners seem to be taken very close to the bottom and I think that it is not the time to sell these positions but on the contrary, to hang on during corrections in order to run all the bull market and to make nice profits. Keeping in mind the big picture to control our emotions is important at the beginning of each bull market.

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Bullish Metals Ratio Charts Indicating a New Healthy Bull Market

Bullish Metals Ratio Charts Indicating a New Healthy Bull Market

It has been several weeks that the price action has been showing us bullish patterns in Miners and Metals ratio charts. We therefore took long positions in Miners and Metals for the intermediate term trend as I think that it is important to respect what the market is telling us and to look for clues that reverse the trend. Charts are showing that the cyclical bear market has ended and the secular bull market primary trend has still a lot of upside potential.

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Gold Miners vs Gold Price Ratio Fires Big Buy Signal

Gold Miners vs Gold Price Ratio Fires Big Buy Signal

The bullish news of the day has to be the breakout in Gold Miner stocks this week. They have really surged. This breakout is a little early based on the January and July cycles over the last few years, but it clearly looks to be jumping here. The ratio of the Gold Miner ETF to the price of the gold tracking ETF (GLD) can be a big clue to the breakout. Today we can see the GLD breakout clearly and the signal given by the ratio, confirming the breakout.

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Silver Miners On Death Row

Silver Miners On Death Row

It is preposterous that gold and silver could be remonetized without the companies who produce these money metals achieving substantial prosperity.

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New Gold: A Safe Gold Play With Attractive Pipeline

New Gold: A Safe Gold Play With Attractive Pipeline

New Gold’s stock is one that’s long responded well to its underlying metal. And it’s even responded well amidst gold’s recent rough patch. It has of course fallen on balance along with the rest of the sector. But when gold has shown signs of life, NGD has consistently exhibited good positive leverage.

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Is The Gold And Silver Miners Bear Market About To End?

Is The Gold And Silver Miners Bear Market About To End?

The analysis of the past twenty years of the Miners Index is showing that an important bottom has been printed in December 2013. The Miners Index’s symmetrical sequence and also the relation between the Miners and the 78.6 Fibonacci Number (both in Price and Time) are validating this major low.

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Precious Metals Complex Flashing Buy Signal

Precious Metals Complex Flashing Buy Signal

The XAU, gold, and silver look like they have bottomed. Asian demand is strong, and we have been assured by central banks that they will devalue their currencies to create inflation. Gold, silver, and their stocks will benefit.

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Miners Index Charts Show Domed House and Three Peaks

Miners Index Charts Show Domed House and Three Peaks

Both the Domed House and the Three Peaks Patterns have violent up moves, followed by strong reversals. It is important to keep in mind that all markets return to the mean. The charts are suggesting that odds favor an upside move for the Miners and a correction for the SPX Index on the intermediate term trend.

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Gold Miners: Red Alert Or All Clear?

Gold Miners: Red Alert Or All Clear?

If I were a wagering man, I’d lay odds that, any correction in the PM Complex, under the weight of a correction, would END its Correction in this week. Given as a very general rule that corrections tend to extend their moves to half the TIME of the move they are correcting, another case can be made for it ending in this time frame. So being Skeptic in my approach to Technical Analysis, I will be keeping a weather eye on the XAU, GDX & HUI as they settle back into “Correction” Mode.

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International Gold Demand Historically High, Gold Miners About To Follow

| February 10, 2014 | Category: Investing
International Gold Demand Historically High, Gold Miners About To Follow

Very few of my friends and neighbors own any gold. Rarely am I asked about it anymore, even by those who know what I do for a living. Most of the mainstream media ignore gold, while many of the big banks loudly proclaim their latest short position as if they had some sort of divine insight. Most Americans are still oblivious to potential in gold this year, but foreigners are buying, and that’s setting the stage for spectacular gains—on the right stocks.

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Marc Faber: 5 Investment Insights Related To Gold, Stocks, Property

Marc Faber: 5 Investment Insights Related To Gold, Stocks, Property

I have no faith in paper money, period. Next, insider buying is also high in gold shares. Gold has massively underperformed relative to the S&P 500 and the Russell 2000. Maybe the price will go down some from here, but individual investors ought to own some gold. About 20% of my net worth is in gold. I don’t even value it in my portfolio. What goes down, I don’t value.

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