Tag: silver price

Silver Pretty, Silver Ugly

Silver Pretty, Silver Ugly

But the day will come when silver prices can be constrained no longer, or the silver shorts cannot deliver their promised silver, or a major bank will force the silver market far higher. When that day comes, the silver market, like the national debt, will exponentially increase again.

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Gold and Silver Price Increasingly Detached from Reality

| July 8, 2015 | Category: Price
Gold and Silver Price Increasingly Detached from Reality

Premiums on gold and silver coins in Greece have jumped significantly, as buyers and sellers struggle to find a more realistic equilibrium price. Investors should expect the same here in the U.S. if demand holds up while spot prices languish.

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Silver Price Down 4.5 Pct: Exhaustion Selling Or Capitulation Coming?

Silver Price Down 4.5 Pct: Exhaustion Selling Or Capitulation Coming?

The price of silver was down 4.5% today. The worrisome fact for silver bulls is the extremely high volume associated with the price decline. The chart below shows the nasty sell off and its volume in the blue rectangle. The key question is whether this is exhaustion selling, or the start of capitulation.

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Gold And Silver At Make Or Break Level

Gold And Silver At Make Or Break Level

We cannot remember having seen so many markets at critical points simultaneously. It is truly astonishing. Scary movie or turning points? Gold, the monetary commodity, has also arrived at a critical point. Although the triangle on its chart goes back to 2008, slightly less impressive than copper, it also tells us it is make or break time.

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Gold And Silver Price: Monthly And Quarterly Ending Analysis

| July 1, 2015 | Category: Price
Gold And Silver Price: Monthly And Quarterly Ending Analysis

Looking at the Qtr closing for 30 June, the range is small, directionless, and just think of the news events that have transpired each day, each week, each month, so much bad news, so much negativity, world stress, etc. If you knew nothing about the news and just looked at the small range, you would surmise that all must be tranquil in the world to have so little impact on price for the past 3 months. For now, buyers have not yet met the burden for a change in trend. At the same time, sellers are at risk of losing control to the buyers is the sellers cannot move price lower and keep it lower.

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Precious Metals 3 Choices: Sell, Hold, Hold and Add. A Trading Treatise.

Precious Metals 3 Choices: Sell, Hold, Hold and Add. A Trading Treatise.

What is the trend? Down. Who cares if it looks like a great buy opportunity? Who cares if it is oversold? It does not have to go higher from a certain level. Ask how many thought gold and silver could not go lower three years ago, two years ago, a year ago, a month ago? Anyone buying had the weight of market momentum going against them and the greater likelihood of taking a loss. Was it the market’s fault for those making a bad decision to buy in a down trend?

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Silver About To Turn More Volatile … To The Upside

| June 23, 2015 | Category: Price
Silver About To Turn More Volatile … To The Upside

Volatility in silver prices has been low. Periods of low volatility have always been followed by periods of high volatility. The most likely increase in silver volatility is a price spike much higher. There are many financial and political instabilities that could drive silver prices far higher. The next 6 – 9 months should be dangerous and volatile for most asset classes. Silver looks like a far better choice than bonds or equities at this time.

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Will Silver’s Quintuple Bottom Hold ?

Will Silver’s Quintuple Bottom Hold ?

Given the large open interest in COMEX silver, a “false breakout” would invalidate that view. The pivot price is $16.50. Any sustained move above or below that price will determine the next cycle. It is almost impossible to predict in which direction it will go. What we do know, however, is that it will be explosive.

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US Fed Will Create Volatility In Gold And Silver On Wednesday

US Fed Will Create Volatility In Gold And Silver On Wednesday

For the week commencing June 15th, there are several central bank announcements which will probably impact the gold and silver price significantly. On Wednesday, all eyes will be on the U.S. Fed interest rate decision, which will come with economic projections by the Fed and a speech by chairman Mrs. Yellen. It is almost certain that markets and metals will be moving, whatever the announcement and interest rate decision will be.

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What Charts Are Telling About The Gold And Silver Price Direction

| June 13, 2015 | Category: Price
What Charts Are Telling About The Gold And Silver Price Direction

We see the daily gold chart amplifying the odds for a rally next week. The first seven trading days in June had the highest volume, the greatest selling effort, all but one of the trading days were red. Typically, smart money [controlling interests], sells highs where you would expect to see selling volume greater. When volume is noticeably higher at a swing low, it would be smart money doing the buying and the public selling their longs at lower prices before they [may or may not] go lower.

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Gold And Silver Price: Too Many Are Still Getting It Wrong

| June 6, 2015 | Category: Price
Gold And Silver Price: Too Many Are Still Getting It Wrong

We [collectively], do not need to know if the swing bottom is in, or not. The market will give confirmation once a bottom is determined to be final. Buying after a bottom has been confirmed will mean buying at prices higher than the actual bottom, but one can be much more secure in positioning, once the trend has been confirmed as changed. Just ask all of the bottom pickers over the last 4 years how they have been faring in not waiting for that confirmation.

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Silver Lows and Bubble Bonds

Silver Lows and Bubble Bonds

T bonds and the S&P look dangerous, while silver has been crushed during the past four years. Which of those three asset classes is likely to perform better between now and Election Day 2016? Which of those assets has no counter-party risk? Two of those assets currently trade at or near all-time highs, while one is, relatively speaking, quite inexpensive! Invest accordingly.

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Metals Complex: Every Which Way but Up

Metals Complex: Every Which Way but Up

Gold is unresolved but weak. Silver looks neutral. Aluminum is poised to reverse the base. Copper is retreating from major resistance. Platinum poised to break down. Palladium is neutral.

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Gold And Silver Charts For June 2015

| June 1, 2015 | Category: Price
Gold And Silver Charts For June 2015

The pushing on a string theme is really prevalent throughout the gold/silver charts. There is nothing that indicates a shift from the down trend to one that can and will go higher. Almost everyone’s expectations are for gold and silver to move dramatically higher. The charts do not support that collective opinion, at least not at this time.

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