Tag: silver price

Amazing Chart: Silver To Start A Huge Rally?

| October 22, 2015 | Category: Price
Amazing Chart: Silver To Start A Huge Rally?

Note how silver started a huge rally, both in 2003 and 2008, when the gold to silver ratio reached the upper border of its long term range. Are we about to experience a similar rally now?

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Silver Prices Will Rise Considerably Between 2016 And 2020

| October 20, 2015 | Category: Price
Silver Prices Will Rise Considerably Between 2016 And 2020

In the next few weeks the banks may engineer another gold and silver smash, but silver prices will rise considerably in 2016 – 2020. The US and most global stock markets have entered a bear market. Some paper wealth will move from collapsing stock and bond markets into pure wealth – gold and silver, causing prices to rise.

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Why Obama Is Bullish for Gold And Silver

| October 17, 2015 | Category: Price
Why Obama Is Bullish for Gold And Silver

Ironically, we see Obama as a positive influence on gold and silver, for none of this will end well as the increasingly internationally shunned US tries to make the changes it wants to see, when such misdirected efforts backfire and only add fuel to the fire. Gold has had stronger rallies, such as starting from the end of June 2013, to keep a perspective on current market activity and not get overly swayed that a final bottom is in place. What bears closer scrutiny now will be the character of any reactions.

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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).

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Gold & Silver Prices At Critical Juncture

| October 12, 2015 | Category: Price
Gold & Silver Prices At Critical Juncture

Gold is showing some strength in recent weeks. Here we see that price has pushed above the upper median line of the bearish Andrews pitchfork.This is encouraging but price now has to deal with significant resistance in the $1160-1170 area.

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Green Light For Silver

| October 12, 2015 | Category: Price
Green Light For Silver

Silver looks like it has bottomed and will move substantially higher. This article discusses the short, mid and long term view, and justifies silver going (much) higher from here.

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Gold And Silver Are Trapped In A Low-End Trading Range

| October 10, 2015 | Category: Price
Gold And Silver Are Trapped In A Low-End Trading Range

The forces described in this article are the true ones influencing gold and silver, not record coin sales, not record purchases month in and month out for the past few years by China, India, and Russia. Waiting patiently on the sidelines are gold and silver, wanting to have their day, and that day will happen, just not knowing when. Again, while the current rally seems fairly decent on the daily, the more controlling larger weekly time frame is not that impressive. A weekly chart is a stronger guide than a daily. Even the smaller range of last week, relative to the week before, suggests sellers are keeping a check on this market, at least for now.

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Is Silver’s Break Out An Early Bullish Signal For Gold?

| October 8, 2015 | Category: Price
Is Silver’s Break Out An Early Bullish Signal For Gold?

The chart shows that silver has already broken out from a major 3-year declining trendline. Silver has a track record to lead the precious metals complex. Is silver’s early break signalling a trend change? Or is this simply another false breakout, as we have witnessed quite some over the last years? Given the above conditions, we believe there is a fair chance that this breakout is for real.

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Close To Technical Buy Signals In Gold And Silver

| October 6, 2015 | Category: Price
Close To Technical Buy Signals In Gold And Silver

For the first time since the precious metals topped in 2011, both the Silver and Gold charts are constructing possible bottom configurations. The monthly Gold chart displays the bear trend that began with the completion of a major descending triangle in April 2013. As shown on the weekly graph, the decline in Silver from the 2011 high has been one for the textbooks. The decline has complied with the principles of classical charting as well as any other market in recent years.

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Silver Prices Winding Up for Potential Breakout

| October 5, 2015 | Category: Price
Silver Prices Winding Up for Potential Breakout

The weekly silver chart now shows an interesting wedge pattern developing. Silver prices briefly touched the bottom of the wedge last week before closing near the top. A solid weekly close above $15.50 would represent a bullish upside breakout, while a decisive break below $14.50 would carry bearish near-term implications.

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Gold And Silver: A Reality Check

| October 3, 2015 | Category: Price
Gold And Silver: A Reality Check

As we look to the charts, they continue to support suppression prevailing over-supply and demand. The average person uses daily and intra day charts to assess what is going on. This is somewhat akin to “looking at the trees instead of the forest.” The larger time frames are the equivalent of the forest for they depict a truer picture, and smart money references them without regard to the lower time frames used by most everyone else.

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Gold And Silver About To Make A HUGE Breakout?

| September 30, 2015 | Category: Price
Gold And Silver About To Make A HUGE Breakout?

It seems that the precious metals complex is stabilizing. Given the growing disbelief in the interest rate hike, even precious metals bears are leaving the arena. Recent price action is becoming more and more constructive with Gold, Silver and Junior Gold Miners all pushing against their downtrend lines.

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Gold and Silver, Good and Bad Choices

| September 29, 2015 | Category: Investing
Gold and Silver, Good and Bad Choices

Buying gold in early January 1980 and for much of the next 19 years was probably a bad choice, so do your own research to make good choices. While trading paper currencies for gold is, in my opinion, currently a good exchange, it is not always a good choice.

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Ufa: Why It Matters To Precious Metals And The Dollar, But Does Not

| September 19, 2015 | Category: Investing
Ufa: Why It Matters To Precious Metals And The Dollar, But Does Not

The world is fast changing, and while Ufa is not a dominate feature on the world stage, it is an important one of so many, unnoticed by so many American, so unaware. Those unaware are unaware of being unaware. So true.

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