"Hope and fear look different on a chart"Recently in these pages, we noted that bull markets in stocks tend to end with "a subtly slowing ascent" rather than with a final "spike" higher, as many investors believe. Historical examples were provided.It was also pointed out that, by contrast, commodities do tend to end major uptrends with a price spike.The Wall Street classic book, Elliott Wave Princ...Read More
Strengths? The best performing precious metal for the week was silver, up 3.24 percent and marking six weeks of consecutive gains. Silver was strong again this week as the metal neared $20 an ounce, a level last seen in September 2016. The metal is up 66 percent from its March lows due to stronger demand for use in solar. Silver is also riding the wave of higher gold prices. ?...Read More
https://silverseek.com/article/silver-bull-gateway-hand Read More
By Avi Gilburt, ElliottWaveTrader.netIt has been quite some time since I have published an article on gold. Unfortunately, we have become so busy at Elliottwavetrader that I simply have not had the time to publish many public articles.So, as we are approaching an inflection point, I thought it would be an appropriate time to publish a public article.Now, I have to be honest. I am quite disappoi...Read More
1. Gold looks superb, silver looks better, and the miners look best of all. 2. These are the main facts for investors to keep in mind at this point in "gold bull era" time.3. Please click here now. Double-click to enlarge this "breakout over $1800" gold chart.4. Next, please click here now. Double-click to enlarge yet another breakout chart (silver). S...Read More
Craig Hemke, TF MetalsIt may or may not happen at next week's FOMC, but that hardly matters. What's important is that a policy shift is coming and the impact upon the precious metals will be significant.Many times already in 2020, we've utilized this space to explain why negative real interest rates are the most extraordinarily important and fundamental rationale for owning physical gold and sil...Read More
Jul 24, 2020 It's been a historic week for gold and silver prices. Gold rallied close to nine-year highs, approaching its all-time high of $1,920 an ounce. Silver has also been firing an all cylinders, breaching $23 an ounce this week as it traded near six and a half year highs.Kitco's senior analyst Jim Wyckoff believes that gold's record high is now finally within reach and more gains are likely...Read More
"Hope and fear look different on a chart"Recently in these pages, we noted that bull markets in stocks tend to end with "a subtly slowing ascent" rather than with a final "spike" higher, as many investors believe. Historical examples were provided.It was also pointed out that, by contrast, commodities do tend to end major uptrends with a price spike.The Wall Street classic book, Elliott Wave Princ...Read More
"Hope and fear look different on a chart"Recently in these pages, we noted that bull markets in stocks tend to end with "a subtly slowing ascent" rather than with a final "spike" higher, as many investors believe. Historical examples were provided.It was also pointed out that, by contrast, commodities do tend to end major uptrends with a price spike.The Wall Street classic book, Elliott Wave Princ...Read More
"Hope and fear look different on a chart"Recently in these pages, we noted that bull markets in stocks tend to end with "a subtly slowing ascent" rather than with a final "spike" higher, as many investors believe. Historical examples were provided.It was also pointed out that, by contrast, commodities do tend to end major uptrends with a price spike.The Wall Street classic book, Elliott Wave Princ...Read More
"Hope and fear look different on a chart"Recently in these pages, we noted that bull markets in stocks tend to end with "a subtly slowing ascent" rather than with a final "spike" higher, as many investors believe. Historical examples were provided.It was also pointed out that, by contrast, commodities do tend to end major uptrends with a price spike.The Wall Street classic book, Elliott Wave Princ...Read More
Mark O'Byrne, GoldCoreDelighted to have been asked to speak on the Market Musings Podcast recently. Just click on the play button below to listen."Market Musings welcome the founder and research director Mark O'Byrne from GoldCore. When it come to gold and silver Mark is your man. He explains how gold has a tried and tested performance as a store of wealth over centuries, and why he thinks every...Read More
Ira EpsteinCentral Banks coming out this week and next week with policy meetings. The weekly gold chart makes another new high. Gold bias is up, trend is up, resistance remains the upper Bollinger band around $1831:Read More
Only covid vaccine hopes has resulted in global stock markets rising. Silver has to trade over $2020 today to rise quickly. Gold is rising from factors such as US imposing ban on certain Chinese companies due to its treatment of Muslim minorities and US presidential election drama. UK Pound should rise after Bank of England governor said that UK has recovered half of its output lost in March-Apr...Read More
(Corrects attribution in 13th paragraph) * Silver hits more than four-year peak* Palladium reaches highest in nearly three months * Global shares gain on EU recovery fund and vaccine hopesBy Eileen SorengJuly 21 (Reuters) - Gold rose more than 1% to a nine-yearhigh on Tuesday, propelled by a softer dollar and expectationsof more stimulus measures to resuscitate pandemic-hit economies,while silver...Read More
Jack ChanPosted Jul 20, 2020Gold sector as represented by $HUI is on a long-term BUY signal.Long-term signals can last for months and are more suitable for investors.Short-term is on BUY signal. Short-term signals can last for days and weeks and are more suitable for traders.COT data on gold is supportive for overall higher prices.Data is also supportive for overall higher silver prices.Our ratio...Read More
Bob Moriarty ArchivesJul 21, 2020I do hope my readers by now understand that we have entered the Greatest Depression. Infourteen weeks some 51.3 million Americans filed for unemployment.Many will not be returning to their original job as it no longer exists as airlines, major chains, restaurants and cruise ships entered bankruptcy. This is not the beginning of the end of the depression; indeed it...Read More
Stewart Thomsonemail: stewart@gracelandupdates.comemail: stewart@gracelandjuniors.comemail:admin@guswinger.comJuly 21, 2020 Gold looks superb, silver looks better, and the miners look best of all. These are the main facts for investors to keep in mind at this point in “gold bull era” time. Pleaseclick here now. Double-click to enlarge this “breakout over $1800”gold chart....Read More
David HaggithIt's time to show you're Fed up! Get mad as hell! Don't take this any more! Scorch the earth with your rage! Yell from the rooftops! Stick your head out the window and scream! Fight the economic injustice that serves the rich! Kick political asses, and kick them hard! Don't just whine, do something about it!Ten commandments to show you're Fed up!1) End manipulated markets by taking...Read More
Mark O'Byrne, GoldCoreDelighted to have been asked to speak on the Market Musings Podcast recently. Just click on the play button below to listen."Market Musings welcome the founder and research director Mark O'Byrne from GoldCore. When it come to gold and silver Mark is your man. He explains how gold has a tried and tested performance as a store of wealth over centuries, and why he thinks every...Read More