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Tag Archives: Metal

A Golden Opportunity in 2018 Awaits as Distrust in Our Fiat Based System Accelerates

  A Golden Opportunity in 2018 Awaits as Distrust in Our Fiat Based System Accelerates Written by Nathan McDonald, Sprott Money News       Americans prepare to sit down, feast and give thanks this weekend for what they have, who they have and the good blessing that they have enjoyed over the past year.     This comes amidst a time period when their email boxes are being flooded with Black Friday...

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Metals Massacre – Iron Ore Enters Bear Market, Copper Collapses To 1-Month Lows

The hype surrounding the credit-fueled resurgence in base metals in the first half of 2017 has crashed and burned on the altar of reality in China's slowdown with industrial metals from copper to iron ore and zinc all plunging in the last two weeks. Odd that we don't hear much from mainstream business media discussing the implications for a global coordinated economic growth narrative... Since the start of September, industrial metals have been hammered (as stocks soared)...  ...

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Precious Metals Flash-Crash After Silver Surged To 4-Month Highs, Gold Nears Election-Day Spike Highs

While stocks have been limping higher since around 2am ET (following headlines on an imminent ICBM launch) they remain lower from Friday's close: But precious metals the biggest gainers of post-North Korean "hydrogen bomb" testing safe haven flows. Silver broke above resistance at early June highs to test $18 and the highest levels since April 25th. But that was clearly not acceptable to someone: At 0451ET, someone decided it would be an opportune time to dump over a quarter...

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Gold- 6-year bear market ending here?

  Is a new bull market in metals about to “Get Started?” Lets look at one indicator that is attempting to send a bullish signal, for the first time in 6-years. Below looks at the Gold Futures/US Dollar ratio, since 1999 on a weekly basis-   CLICK ON CHART TO ENLARGE The Gold/King Dollar ratio broke above resistance in 2001 and a strong breakout took place. For a decade, Gold was much stronger than the US$ at (1). Gold, Silver and miners did very well in this time frame. Once the...

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Gold indicator, nears first buy signal in 6-years

  During the past 6 years, Gold bugs have seen opportunities come and go in a struggle to recoup the gold bull market magic of a decade ago. Many investors are aware of the US Dollar’s impact on the price of gold. In particular, it has been the US Dollar’s strength that has kept the yellow metal at bay for the past several years.  Could this be changing? The chart below displays the relationship between the US Dollar and Gold. When the dollar is weaker than...

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Silver, Platinum and Palladium as Safe Haven Investments

Silver, Platinum and Palladium as Safe Haven Investments   - Silver, platinum and palladium see increased role as investment vehicles- Increase in academic output on the white precious metals is in line with this- Silver and particularly gold are safe haven assets- Silver was a safe haven at times during which gold failed to be- Platinum and palladium less so but have diversification benefits- Silver manipulation is possible and indications of, if not legal proof- Benefits...

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Gold Bugs breakout, very bullish says Joe Friday

Since the first day after Christmas last year (12/27/16), the metals space has been a great place to be. Below looks at performance of several metals assets compared to the S&P 500 since this date. CLICK ON CHART TO ENLARGE Premium and Metals members went long this sector by purchasing GDXJ on 12/27/16, due to an upside breakout. Even though the S&P is getting a ton of press about doing well and near all-time highs, its performance since 12/27/16 (Up 3.8%),...

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Silver; Long-Term bottoming pattern in play?

Below looks at Silver Futures over the past decade. The Power of the Pattern in 2011, suggested that metals should be flat to down for years to come. (See 2011 Post Here) Since that posting, Gold and Silver have continued to create a series of lower highs over the past 6-years. Silver remains more than 50% lower than 2011 prices. Could this trend be attempting to change? Could a long-term reversal pattern be in play? Below looks at Silver Futures over the past decade. CLICK ON...

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Gold & Silver; Breakout here, bearish for them

Historically when Gold is stronger than Silver, Metals bulls have not made quality buy and hold gains. Historically when Silver is stronger than Gold, both have done pretty well from a buy and hold basis. Below looks at the Gold/Silver ratio since 2008, which reflects a very important price point could be at hand. As mentioned above, when the ratio was low and turned higher back in 2011, that is when Gold, Silver and mining stocks, started heading lower for the next 5-years. This...

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