Author Archive: Gold Silver Worlds

These are the authors of te News Desk of GoldSilverWorlds.com. Based on several years of experience and research, the network behind GoldSilverWorlds.com created a trusted guide of verified Gold & Silver websites, online services and articles. Providing top quality and trusted sources is the primary objective; helping create awareness about Gold & Silver among people worldwide is the aimed result.

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You Cannot Eat Gold

You Cannot Eat Gold

The argument that one cannot eat, wear, or build with gold is often used as an attempt to show that gold has no value in-and-of itself. The anti-gold crowd often claims that if it were not for gold’s monetary use, which it has not had since 1971, at least not formally, gold would be useless with little or no value. What is left unmentioned is its growing use in a growing electronic device market. If gold has no value beyond its monetary use, why did it not become cheaper than gravel when its monetary use ended? This argument against gold is stupid and is intended to deceive.

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Gold Price Forecast: Is Gold Moving Towards $817.50?

| March 17, 2015 | Category: Price
Gold Price Forecast: Is Gold Moving Towards $817.50?

The key take-away for now is that traders and investors with a short to mid-term investment horizon should carefully watch the 1151.60 USD price level. It truly is a critical price level. In case gold would stay above 1151.60 on a monthly basis, gold can be traded from the long side. However, if there would be a break below 1151.60 on the monthly chart, then the short trade is the right one until target D is reached.

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Price Targets For Gold, Silver And Miners

Price Targets For Gold, Silver And Miners

Gold reached the target at $1150 and closed above that support level last Friday. Unfortunately, the weekly chart is still suggesting that price is heading lower. The three moving averages are in bearish alignment, MACD is in bear mode (both lines below zero), and the MACD histogram is declining below the zero line.

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Weekly Review For Gold Investors – March 13th

Weekly Review For Gold Investors – March 13th

In his weekly market review, Frank Holmes of the USFunds.com summarizes this week’s strengths, weaknesses, opportunities and threats in the gold market for gold investors. Gold closed the week at $1,158.55 down $8.64 per ounce (-0.74%). Gold stocks, as measured by the NYSE Arca Gold Miners Index, lost 3.42%. The U.S. Trade-Weighted Dollar Index was up 2.63% for the week.

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Long-Term Correlations Between The Dollar And Oil, Stocks, Bonds, Gold

| March 13, 2015 | Category: Price
Long-Term Correlations Between The Dollar And Oil, Stocks, Bonds, Gold

The correlations between Dollar-Oil and Dollar-Gold are much stronger, and negative. The 12-month Correlation Coefficients fluctuate above and below the zero line, but the 60-month moving average is mostly negative. Oil and the dollar were positively correlated from 2000 to 2004, but this did not last long as the negative correlation returned. The relationship between gold and the Dollar is by far the strongest, and a strong Dollar is clearly hurting gold.

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Why Gold Will Shine In The Near Future

Why Gold Will Shine In The Near Future

Gold investors have been suffering in the last 3.5 years. The outlook for gold, however, is quite positive, according to John Hathaway. Driven by extremes in sentiment, the fact that the gold production will fall at current price levels, the advances in institutionalizing the Chinese gold market, the world monetary system, it seems that gold investors will be rewarded in the future. In a recent interview with The Gold Report, Tocqueville Asset Management fund managers Doug Groh and John Hathaway share their view on the gold market.

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Potential Breakdown In Gold And Silver Prices Towards Bear Market Lows

| March 11, 2015 | Category: Price
Potential Breakdown In Gold And Silver Prices Towards Bear Market Lows

Now, we are witnessing a potential breakdown in prices towards new 52 week lows and bear market lows, while majority of the hedge funds have still not been shaken out. In my humble opinion, a major bottom in Gold will still occur around $1,000 per ounce, as discussed many times. More importantly, until we see hedge funds (COT Managed Money) get towards net short positions in both Gold and Silver, we most likely won’t be near a meaningful bottom.

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Gold’s Downtrend Continues

Gold’s Downtrend Continues

GLD went to new lows again this week so the Raff channel can be extended. Nothing but a downtrend here. Broken support marks first resistance in the 114.5 – 115 area. Key resistance remains in the 117 area.

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Better Sit Down for This Junior Gold Miners Target

Better Sit Down for This Junior Gold Miners Target

For four months, GDXJ has been playing toe-sies with a 20.83 target that was put in play back in August. While there is always the possibility that this popular junior mining-stock vehicle is about to turn higher, the weight of the visual evidence suggests lower prices are more likely. If so, a 16.54 (!) target would be in play

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More And More Americans Look To Protect Their Wealth Offshore

More And More Americans Look To Protect Their Wealth Offshore

The primary reason to go offshore is SAFETY. The clients and families I work with, almost entirely, are focused on mitigating US-centric litigation risk and political risk. That is where jurisdictional diversification can make a huge difference.

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Gold Saying Lower Still

Gold Saying Lower Still

It’s not a happy sign that Friday’s selloff crushed several Hidden Pivot supports I’d noted, including a worst-case number at 1167.10. The overshoot was $4.20, sufficient to imply that any rally be regarded as a short-sale opportunity. As of around 4:25 a.m., the futures were butting up against the1173.10 correction target shown. It’s worth a three-tick stop-loss, but this vehicle would become a short-term buy on any pullback from above either of the two labeled ‘external’ peaks.

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Gold Tumbles On Rising Rates

Gold Tumbles On Rising Rates

Gold got hit hard Friday on two fronts. One was the sharp jump in U.S. interest rates. The other was the surge in the U.S. Dollar to the highest level in eleven years. The chart below shows the price of gold tumbling $29 (-2.4%) on Friday to the lowest level for the year. And it did so on rising volume.

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Weekly Review For Gold Investors – March 6th

Weekly Review For Gold Investors – March 6th

In his weekly market review, Frank Holmes of the USFunds.com summarizes this week’s strengths, weaknesses, opportunities and threats in the gold market for gold investors. Gold closed the week at $1,165.66 down $47.56 per ounce (-3.92%). Gold stocks, as measured by the NYSE Arca Gold Miners Index, lost 11.57%. The U.S. Trade-Weighted Dollar Index was up 2.47% for the week.

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Silver Helps Speed Up Touchscreen Production

Silver Helps Speed Up Touchscreen Production

Touchscreens are easy to use but challenging to manufacture because their inner workings are more complex than many everyday users might imagine. When you poke at a touchscreen, a microscopic conductor track detects the touch and sends that signal to larger conductor tracks on the outside of the screen. These macroscopic tracks collect and aggregate that signal with those coming from other microscopic conductor tracks. Until now, it took several production stages to create these differentsized tracks. However, researchers have introduced a process to construct a basic building block of touchscreens in one step.

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