Tag: silver chart

Silver Offers More Value Than Gold In This Market

Silver Offers More Value Than Gold In This Market

Pessimism towards the “poor man’s gold” has gone too far. In fact, I’m expecting silver to provide investors with a better return than gold bullion over the next 24 months. If gold bullion prices were to return to their high of $1,900 an ounce, the gain from today’s gold bullion prices would be 60%. If silver were to return to its high of $50.00 an ounce (achieved in 2011)—the gains from silver’s current trading level would be 194%.

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Insights From The 10 Year Gold, Silver And Dollar Chart

| September 25, 2014 | Category: Technicals
Insights From The 10 Year Gold, Silver And Dollar Chart

Buy fish line patterns, sell rhino horn patterns, and trust that politicians and bankers will continue to borrow and spend money that must be “printed” in ever-increasing quantities. Example: Official national debt increased by $1,013,588,000,000 in the one year from Sept. 23, 2013 to Sept. 22, 2014.
US Dollar: My expectation is that many more dollars must be created and consequently they will lose value against food, energy, and the commodities we need for daily living. Gold: My expectation is that gold can’t be printed into existence and that it will retain or increase its purchasing power over time. Silver: My expectation is that silver will become both more scarce and yet more essential to our economy, and that it will rally substantially from here.

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The Gold & Silver Price Dipped Today

The Gold & Silver Price Dipped Today

“The markets are now well and truly broken. Not because they don’t conform to my predictions, but because they are no longer sending useful price signals.” This quote comes from Chris Martenson his latest editorial. We believe it perfectly describes the gold and silver price action of the past days, and especially today (December 18th, 2012). The charts show both gold and silver took a dive today. They did not close the trading session on the lowest point of the day. What follows are some commentaries about the precious metals price action. It’s almost amusing how some commentators are attaching so much importance to headlines. Could a safe haven really […]

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$100 Silver! Yes, But When?

$100 Silver! Yes, But When?

There are many predictions for the price of silver. Some say it will crash to nearly $20, and others proclaim $100 by the end of 2012. The problem is that some predictions are only wishful thinking, others are obvious disinformation designed to scare investors away from silver, and many are not grounded in hard data and clear analysis. Other analysis is excellent, but both the process and analysis are difficult to understand. Is there an objective and rational method to project a future silver price that will make sense to most people? Yes, there is! I am not predicting a future price of silver or the date that silver will trade […]

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Corrections In Gold And Silver Could Provide Buying Opportunity Before Election

Corrections In Gold And Silver Could Provide Buying Opportunity Before Election

This article is written by our partner GoldStockTrades who offers a premium newsletter for more in-depth precious metals analysis and gold stock tips. We are experiencing a pullback in precious metals and mining stocks as investors react momentarily to a purported better than expected jobs report.  It is reported that the unemployment rate increased despite adding 171,000 new jobs. The numbers look abysmal.  However, the media reports that the economy is picking up and no more QE will be needed.  Hence, precious metals are hammered.  We have seen this before where investors are shaken out during corrections while the long term gold and silver players add more on pullbacks. Now […]

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Gold & Silver Price Today – 25 September 2012

Gold & Silver Price Today – 25 September 2012

Both the gold price and silver price are staying strong since the last spike on September 14th. In gold, we see a trading range between $1,750 and $1,790 over the past 7 days. It’s clear that 1,800 is a very strong resistance zone. We are probably experiencing a consolidation period in which the metal gather energy to break through 1,800. The important thing to watch is the gold price not breaking support levels, which are $1,750 and secondary support around $1,730 (as technical analyst and trader Dan Norcini points out). In silver we have a similar view. $35 has clearly strong resistance and the metal “needs some work” to break through […]

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Gold & Silver Price Today – September 17th 2012

Gold & Silver Price Today – September 17th 2012

It was rather a calm day today as far as the gold and silver prices are concerned. The metals need a short break here, after 4 consecutive weeks of strong gains. The impressive gains of the end of past week, after “QE to infinity” was announced, need to be digested. A month ago, on the 17th of August, the gold price in US dollars dipped below 1,600. The gold price today closed at 1,764.70 on average volume.  As Reuters reports today, the precious metals held more firm than the other commodities, which is a sign of strength and believe in the safe haven character of gold & silver. Silver had a similar price […]

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Silver Price Forecast: Is Silver Fast On Its Way To $50?

Silver Price Forecast: Is Silver Fast On Its Way To $50?

There is not just a similarity in how gold and silver trade at the same time period, but also how they trade at similar milestones, despite the fact that those milestones are sometimes reached at different times. This can cause silver or gold to be the leading indicator, depending on the particular milestone. The 1980 peak for both gold and silver is definitely an important milestone. For this 1980 milestone, gold is undoubtedly the leading indicator (since gold has already passed its 1980 high), so it could help us to project what silver might do around this milestone. Market conditions often cause silver to fall behind gold, for quite some […]

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Gold & Silver Prices Today On Fire

Gold & Silver Prices Today On Fire

What a day for gold and silver … September 13th 2012 could become a historic day for the precious metals. At the center of the stage today was the US Fed meeting and the announcement of their decisions by Mr Bernanke at 14h15 EST.  Here is what came out of it in a nuthsell: A new round of quantitative easing was decided, with a key objective to decrease the unemployment rate in the US.  Mr Bernanke said that “We’re looking for ongoing, sustained improvement in the labor market”. He calls the current unemployment rate of approximately 8% a “grave concern.” The monetary stimulus includes 40 billion US dollar per month […]

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