Tag: dollar

Gold To Profit From The Coming Dollar Correction

| March 12, 2015 | Category: Money & Currency
Gold To Profit From The Coming Dollar Correction

The key take-away is that the dollar can certainly go higher from here, but the rally is close to cool down. Also, no matter how impressive the recent rally has been, its strength has been historic, so it should not be realistic to expect a similar strength going forward. These factors make us think that the pressure on commodities, including the precious metals complex, is about to fade.

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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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Silver Projection With Coming Dollar Correction

| March 11, 2015 | Category: Price
Silver Projection With Coming Dollar Correction

Unbacked paper currencies are being printed to excess and they will devalue in purchasing power. Silver and gold have been real money and valuable for thousands of years, in contrast to hundreds of paper currencies that have been inflated into nothingness. I don’t know what will happen to the S&P, but we can be relatively certain the prices for gold and silver will rally substantially as all paper currencies inevitably weaken.

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The US Dollar Is Topping. When?

The US Dollar Is Topping. When?

My take is that the dollar is at or close to a multi-year high and that the trip back down will be ugly. But most markets are managed and consequently what makes sense is often irrelevant when manipulated by High-Frequency-Trading and political agendas. It is far better to be an insider rather than an analyst peering through purposely distorted windows into the opaque world of international capital flows and currency manipulations.

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Currency Turmoil Make Gold And Silver Ownership a Necessity

Currency Turmoil Make Gold And Silver Ownership a Necessity

The first two months of 2015 have seen turmoil in the currency markets extend from Russia and Ukraine to the heart of Europe. “Central Banks Now Open 24/7 Fighting Currency Wars and Deflation,” blared a February 12th Bloomberg headline. Against this backdrop, precious metals have been on the rise in terms of all currencies except the Swiss franc and the U.S dollar.

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Gold Investors Weekly Review – February 6th

Gold Investors Weekly Review – February 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 $1,233.92 down $49.85 per ounce (-3.88%). Gold stocks, as measured by the NYSE Arca Gold Miners Index, rose 3.46%. The U.S. Trade-Weighted Dollar Index was 0.17% lower for the week.

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Gold Gets Safe Haven Bids But COMEX Has Stopping Power

| February 1, 2015 | Category: Investing
Gold Gets Safe Haven Bids But COMEX Has Stopping Power

An important driver of the recent gold rally has been the flight to safety, away from stocks, into “risk off” assets like the US Dollar, US Bonds and gold. Clearly, gold in non-US Dollars has a much more constructive outlook because of the monstrous US Dollar rally of late. In the short run, the gold chart setup suggests a pause. Longer term, towards the second half of this year, depending on how risk on / risk off will play out, gold could be in the position to break through its long term resistance. Even with all the conclusions confirming each other, there is one major divergence, and it deserves a yellow flag in our opinion: COMEX futures positions. It has the potential to cap the rally, and even reverse it, at least in the short run. Going forward, it is key to monitor how futures positions in the COMEX evolve as the price of gold changes. Also, the key trendlines, chart patterns, and technical indicators should be monitored as prices evolve.

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Euro Gold Keeps On Rising, Dollar Gold Rallying With U.S. Dollar

| January 22, 2015 | Category: Price
Euro Gold Keeps On Rising, Dollar Gold Rallying With U.S. Dollar

A truly interesting trend is visible on the following chart. With the Euro being hit hard today, the U.S. Dollar was on the rise, as indicated with the blue line on the chart below. As readers can see, in the last 4 weeks Dollar gold has been rising along with the U.S. Dollar. Historically, both assets have been negatively correlated. If gold can continue climbing higher during a Dollar bull market, it indicates great strength for the metal. In our opinion, it also confirms gold’s safe haven nature, something the market has denied consistently in the last 2.5 years.

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Did the Secretary of the U.S. Treasury Confirm that the Dollar Is Make-Believe Money?

Did the Secretary of the U.S. Treasury Confirm that the Dollar Is Make-Believe Money?

So here we have the Secretary of the Treasury declaring that the money henceforth issued was in fact “stage money” that looks like real money.” Stage money is the stuff actors pass around during a performance instead of real money. President Roosevelt soon got rid of Secretary Woodin, replacing him with Henry Morgenthau, Jr. who had the good sense never to suggest that our money had been transmogrified into “stage money,” a.k.a. makebelieve money.

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Very Strong Indirect Reasons To Buy Precious Metals

| January 10, 2015 | Category: Investing
Very Strong Indirect Reasons To Buy Precious Metals

When the fiat Federal Reserve “dollar” finally loses its status as the world’s reserve currency, gold and silver will have then begun to make an upward price adjustment or will begin to make the upward adjustment, and all who paid much higher prices for gold and silver will stop whining about price. In this article are a few examples of very strong, not so unrelated reasons for actively buying physical gold and silver.

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6 Great Investment Questions To Marc Faber

| December 22, 2014 | Category: Investing
6 Great Investment Questions To Marc Faber

In the latest episode of Ask the Expert, by Sprott Money, Dr. Marc Faber was the invitee. Below are the answers from Marc Faber on 6 excellent questions from Sprott Money readers.

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Dollar Reserve Currency Dying But Meantime No Respite For Precious Metals

Dollar Reserve Currency Dying But Meantime No Respite For Precious Metals

In a nutshell, if the elites have their way, and to date they remain unopposed, the fiat Federal Reserve Note, aka the debt “dollar,” will be replaced with some form of a new international currency, or perhaps Special Drawing Rights, an international basket of currencies. All money may exist as computer credits that can be readily tracked. If anyone dare oppose the bankers, poof, your credits just disappeared, and you have nothing. Bankers rely on debt largesse and fear.

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Remarkable Action on Dollar and Gold Charts

| December 19, 2014 | Category: Price
Remarkable Action on Dollar and Gold Charts

Sean Brodrick rightfully observes on his blog a remarkable action in both the US dollar chart (as tracked by the UUP fund) and the gold chart (as tracked by GLD). The chart below shows the dollar and right below both dollar and gold. In particular, the rising dollar comes with a stable gold price, which is not the most regular pattern. It is a positive for gold though.

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