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GLD

SPDR Gold Trust

Gld

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Summary

The investment seeks to reflect the performance of the price of gold bullion, less the expenses of the Trust¿s operations. The Trust holds gold bars and from time to time, issues Baskets in exchange for deposits of gold and distributes gold in connection with redemptions of Baskets. The investment objective of the Trust is for the Shares to reflect the performance of the price of gold bullion, less the Trust¿s expenses. The Sponsor believes that, for many investors, the Shares represent a cost-effective investment in gold.

Market Cap: 36.8 Billion

Primary Exchange: NYSE Arca

Website: http://www.streettracksgoldshares.com

Shares Outstanding: 288 Million

Float: 288 Million

Dividend: 0.0 (0.0%)

Beta: 0.220593

Sector:

Industry:

Short Interest (Jan 15, 2013): 21.6 Million

Ethical Flags

Longest drawdown: 2354 trading days

From: 2013-01-22 To: 2019-09-13

Lowest Point:

The End Of The Current Business Cycle Is Near; Here's What To Expect In The Next Recession

via: SeekingAlpha at 2019-06-13 13:29:28:000

Editor's note: Seeking Alpha is proud to welcome Aruba Institute of Investment Expertise as a new contributor. It's easy to become a Seeking Alpha contributor and earn money for your best investment ideas. Active contributors also get free access to SA Essential. Click here to find out more &… read more...

GLD: 'Something's About To Happen'

via: SeekingAlpha at 2019-06-13 10:01:29:000

Screen capture via Bloomberg TV "Something's About To Happen" The SPDR Gold Trust ETF's ( GLD ) chart was analyzed by Fidelity technician John Gagliardi on Bloomberg TV's "What'd You Miss" program on Wednesday. You can see the full segment here , but below is the key part for GLD long… read more...

Sentiment Speaks: Strap Yourselves In - Gold May Take Off Like A Rocketship

via: SeekingAlpha at 2019-06-13 04:54:50:000

The last three years have been extremely difficult for metals enthusiasts. If you speak with them, you would assume that gold has been going down for the last three years. Well, at least that is the impression you would get based upon their sentiment. But, in fact, all gold h… read more...

Why Gold Might Be A Better Investment Than Bonds Or Stocks

via: SeekingAlpha at 2019-06-12 16:24:55:000

During the last few days, we saw an impressive bullish momentum for gold ( GLD ). The stock broke out of its corrective pattern it was stuck in since February 2019 and supported by the 200-day simple moving average; the precious metal increased more than 5% within just five days before it ente… read more...

Resource Sector Digest: Plenty To Like About Metalla, But It's Time To Take Profits

via: SeekingAlpha at 2019-06-12 12:19:02:000

( Source ) We revisit a small precious metals royalty company in this week's… Resource Sector Digest ( Vol. 135 - June 3, 2019 ) Brought to you by Itinerant and The Investment Doctor . In case you missed out on previous editions of this newsletter, simply click here , he... read more...

Gold Shines Eventually

via: SeekingAlpha at 2019-06-12 11:14:59:000

Introduction The recent rise in gold price for the past month is the result of the alignment of positive major factors, such as falling interest rates, stocks, and the US dollar. Flight to safety is becoming the new theme as global conflicts heat up. This article intends to discuss the o… read more...

Why The Market Can Repeat The 2019 Rally

via: SeekingAlpha at 2019-06-12 07:47:22:000

At the end of 2018, the market was in a downward trend caused by China-U.S. trade tensions, explicit global macro deterioration and excessive tightening of monetary policy by the Fed. This set the table for the S&P 500 Index to close in negative territory as investors sold their equity pos… read more...

The Italian Job - Precious Metals Supply And Demand

via: SeekingAlpha at 2019-06-12 02:51:11:000

Lira Comeback? The price of gold jumped 35 bucks last week, and that of silver 48 cents. The dollar is now down to 23 milligrams of gold. Keith is on the road this week, so we will just comment on one thing. If Italy is serious about moving back to the lira, that will make the euro less so… read more...

Global Economic And Political Concerns Rise

via: SeekingAlpha at 2019-06-12 02:15:00:000

Last Friday night, after the markets had closed, US President Trump told the world that Mexico had agreed to a deal that would avoid the spread of protectionist measures. The US leader had used tariffs, not to level the playing field on trade, but to achieve cooperation from the Mexican govern… read more...

This Is Why Gold Is Surging Higher

via: SeekingAlpha at 2019-06-11 17:22:59:000

It was just two weeks ago that the SPDR Gold Trust ETF ( GLD ) was close to breaking down and heading to lower lows for the year. But since late May, it has staged a significant rally (up each of the last 8 trading sessions) and suddenly GLD is sitting near highs from earlier in the year. (… read more...

Gold Enthusiasts Don't Like Hearing This

via: SeekingAlpha at 2019-06-11 11:20:21:000

All markets are driven by the emotion of fear - fear of losing and fear of missing out (greed) - and it is hard to think of a more emotional investment than gold. It has been the 'go-to' refuge from recessions and from inflation since the beginning of modern times. In this piece, we argue that… read more...

Put Your Trust In Gold

via: SeekingAlpha at 2019-06-11 09:22:17:000

Americans trust in institutions, from the federal government to banks to the news media, has been deteriorating for decades. Sixty years ago, three quarters of Americans expressed faith in the government to do the right thing most of the time or just about alw… read more...

What Gold, Treasuries And The Dollar Are Telling Us

via: SeekingAlpha at 2019-06-11 05:41:40:000

"I really think that people never go wrong by telling the truth." - Sydney Pollack The economy continued to flash warning signals this week. JPMorgans global composite PMI reading slipped into contraction territory falling to a 7-year low in the process. Oil ( USO ) continues its d… read more...

The 'True Fundamentals' Are Still In Gold's Favour

via: SeekingAlpha at 2019-06-11 05:08:16:000

Editor's note: Originally published at tsi-blog.com on June 10, 2019. After spending almost all of 2018 in bearish territory, gold's true fundamentals* (as indicated by my Gold True Fundamentals Model - GTFM) have spent all of this year to date in bullish territory. Refer to the following … read more...

A Fundamental Basis For A Gold Stock Turnaround

via: SeekingAlpha at 2019-06-11 04:47:35:000

One of the biggest obstacles facing gold in the last year was the weak outlook for many of the companies which produce gold. Revenue and earnings estimates for some of the top gold miners were subdued in 2018, and this kept the PHLX Gold/Silver Index ((XAU)) in a position of relative weaknes… read more...

Don't Hurry To Buy Gold

via: SeekingAlpha at 2019-06-11 02:08:15:000

Investment Thesis The analysis of the gold market's prospects amid the actual driver indicates the presence of strong support, but not the bull market, and, consequently, the SPDR Gold Trust ETF ( GLD ), which is tied to gold To begin with, what is not surprising. Gold is the commodity… read more...

Portfolio Composition: Short Commodity, Precious Metals; Long Rare Earths, Biotech

via: SeekingAlpha at 2019-06-10 23:35:41:000

According the CME FedWatch tool, Fed Funds futures markets are currently pricing in a 98.5% chance of the Federal Reserve lowering rates at least once this year. Breaking it down further, there is a 31.9% probability of 2 rate cuts and a 35.4% chance of three 25 basis point rate decreases, as … read more...

Gold, gold miners drop as investors return to risk-on mode

via: SeekingAlpha at 2019-06-10 07:40:54:000

Comex gold futures -1% to $1,332.50/oz., backing off last Friday's 14-month peak as the deal between the U.S. and Mexico to avert a tariff war sparks investor appetite for riskier assets. More news on: Sibanye Gold Limited, AngloGold Ashanti Limited, Wheaton Precious Metals Corp., Comm… read more...

Gold In Times Of Recession: Much Better Than Perceived

via: SeekingAlpha at 2019-06-10 06:26:40:000

The talk of recession is getting louder. In the space of just 6 months, consensus has gone from expecting two rate hikes in 2019 back in December, to now a 51% chance of a rate cut by July. Markets aren't expecting just a 25-basis point either. Fed funds futures are trading at a 32% chance… read more...

Gold's Multi-Decade Bull Market Has Steeper Climbs Ahead

via: SeekingAlpha at 2019-06-10 03:31:23:000

Gold vs. World Currencies In a previous article, I had written about golds cheap price in currencies around the world. That is not to say that gold has not done well recently in different world currencies, just that it has underperformed relative to the massive printing conducted… read more...

Gold Climbs To The Highest Level Since February

via: SeekingAlpha at 2019-06-10 02:00:00:000

On the final trading session of May, the COMEX gold futures market broke a bearish price pattern that had been in place since February 20. Over three months, the yellow metal did nothing but make lower higher and lower lows falling to $1273.20 on the active month August futures contract on May… read more...

Junior Gold Miners: Gold Price Rally Is Perfect Timing For Summer Drilling Season

via: SeekingAlpha at 2019-06-10 01:38:59:000

The current gold price rally ( GLD ) ( PHYS ) is coming at a perfect time for junior gold miner stocks ( GDXJ ) ( JNUG ) ( GDX ). The true junior gold miners are companies who own properties and projects that their geologists' research has indicated to have the potential to host significant … read more...

Yes, Gold Is Still A Flight To Quality

via: SeekingAlpha at 2019-06-09 21:43:13:000

By Scott Bauer At A Glance Recent equity volatility shows golds allure as a store of value remains strong Growing or declining economic growth in developed countries is still a strong signal for gold Gold can play an important role in anyones portfolio from the i… read more...

Price Increases In Gold Are A Warning Sign For The Broader Market

via: SeekingAlpha at 2019-06-09 16:50:42:000

Intro Since Trumps May 30 tweet about possibly imposing a 5% tariff on Mexico, the gold market, which I will be using the ticker ( GLD ) when referencing this commodity, has increased 3.44%. This is slightly higher than the 2.04% gain the S&P 500 ( SPY ) had in this same time p… read more...

The Big Three Risk Factors: The Fed, China, Corporate Debt

via: SeekingAlpha at 2019-06-09 14:30:06:000

The Evolving Role of the Federal Reserve The market is on a weird ride. Word play seems to be the market mover of choice recently, with several of the President's tweets about specific companies or tariffs moving the stock market . More recently, Federal Reserve Chairman Jerome Powell's ann… read more...

The Gold ETF Sets 2019 High As Commodities And The Dollar Slump

via: SeekingAlpha at 2019-06-09 10:34:58:000

Here are the daily charts for the gold, commodities and the dollar ETFs. The gold ETF tracks the spot price of gold and is said to be backed by gold bars in vaults in London. SPDR Gold Trust ETF (NYSEARCA: GLD ) Courtesy of Refinitiv XENITH The gold ETF ($126.59 on June 7) … read more...

It's Buy-The-Dips Time In Metals And Miners - David Brady (07/06/2019)

via: SeekingAlpha at 2019-06-09 06:07:06:000

By David Brady I am expecting gold to test the resistance zone between 1,370-80 next with a healthy pullback to follow. But I do not recommend anyone short gold in this market. As the Elliott Wave theorists put it, a Wave 3 (or C) is under way in gold and any pullbacks are to be bought und… read more...

Gold, Silver And The Mining Stocks Are Showing Signs Of Life

via: SeekingAlpha at 2019-06-09 05:28:31:000

"Shanghai Gold will change the current gold market with its 'consumed in the East but priced in the West' arrangement. When China has the right to speak in the international gold market, the true price of gold will be revealed." - Xu Luode, Chairman, Shanghai Gold Exchange, 15 May 2014 T… read more...

A Surprise Move In Gold

via: SeekingAlpha at 2019-06-09 03:03:59:000

By Pater Tenebrarum Traders and Analysts Caught Wrong-Footed Over the past week, gold and gold stocks have been on a tear. It is probably fair to say that most market participants were surprised by this development. Although sentiment on gold was not extremely bearish and several obs… read more...

Sorry Permabulls, It's Not Different This Time - Got Gold?

via: SeekingAlpha at 2019-06-09 01:46:22:000

An inverted yield curve has historically been the most accurate indicator of an impending or concurrent recession. The inversion during late 2006 and most of 2007 is a good example. Studies have shown that curve inversions precede a recession anywhere from 6 months to 2 years. I would argue th… read more...

Gold Surges Near Breakout

via: SeekingAlpha at 2019-06-08 10:34:03:000

Gold surged sharply over this past week or so, nearing a major bull market breakout! Nearly everyone was surprised by this violent awakening, which erupted suddenly as gold languished around year-to-date lows. If this dramatic rally has staying power, gold has good odds of achieving decisive n… read more...

Silver - A Bullish Week

via: SeekingAlpha at 2019-06-08 02:00:00:000

Just when it looked like silver was heading for a test of $14 per ounce and perhaps a test of the November 2018 low at $13.86, or even the December 2015 bottom at $13.635, the price turned around at the end of May and put in a bullish reversal on the weekly chart, by only two ticks. Silver fel… read more...

No Pause In Central Bank Gold-Buying

via: SeekingAlpha at 2019-06-07 07:07:32:000

By SchiffGold Central banks bought more gold in April, according to a report by the World Gold Council . This continues a gold-buying spree that stretches back to last year. Globally, central bank net purchases of the yellow metal totaled 43 tons. That is an 8% increase month-on-month. … read more...

Futures say rate cut coming in July; gold up, dollar down

via: SeekingAlpha at 2019-06-07 04:54:34:000

Following this morning's soft jobs print , traders in short-term interest rates have sharply upped bets on rate cuts - with a move by the Fed in July now seen as a near-certainty. More news on: iShares 1-3 Year Treasury Bond ETF, SPDR Bloomberg Barclays 1-3 Month T-Bill ETF, Vanguard Sh… read more...

Gold Is Outperforming The Wider Commodities Sector

via: SeekingAlpha at 2019-06-07 02:45:28:000

Original Post By Stuart Burns Some commentators were all over the gold price this week, with Kitco News writing gold "took off like a rocket this week. "The last three days in the metals have been strong, with both gold and silver exploding higher," the Kitco News report said. … read more...

Gold Stocks Benefiting From 'Fear Momentum'

via: SeekingAlpha at 2019-06-06 12:44:47:000

In the market, there are basically two types of momentum which most investors are cognizant of. The first is when asset prices are propelled higher on a sustained basis based on widespread bullish sentiment. The other is type is fundamental in nature, e.g. the momentum of earnings growth or of… read more...

Closer To A Significant Monetary Event - Updated

via: SeekingAlpha at 2019-06-06 08:59:49:000

Previously, I have shown how we could be close to a major financial/monetary crisis. The following chart that shows the ratio of gold to the monetary base was used: The chart shows the ratio of the gold price to the St. Louis Adjusted Monetary Base back to 1918. That is the gold price in US … read more...

Walking Away In May Worked - June Depends On Developments

via: SeekingAlpha at 2019-06-06 06:56:00:000

The old market adage, Sell in May and go away would have worked for you this year. The SPDR S&P 500 ( SPY ) declined by 6.3% through the month of May. So how does June shape up then? Whether the market recovers its losses or completely collapses will have a lot to do with t… read more...

Silver Weekly: Spec Positioning Reversal Under Way

via: SeekingAlpha at 2019-06-06 05:38:54:000

Introduction Welcome to Orchid's Silver weekly report, in which we wish to deliver my regular thoughts on the silver market through the iShares Silver Trust ( SLV ). We have become more constructive on SLV, both on an absolute and relative basis. The positive swing in macro forces for … read more...

GLD: Fundamental Tailwinds And Strong Timing

via: SeekingAlpha at 2019-06-06 03:08:54:000

In times of rising economic uncertainty on a global scale, SPDR Gold Trust ETF ( GLD ) is displaying an interesting behavior as a portfolio hedge. The gold-tracking ETF has established as solid support at $120 per share, and it made an impressive move above key resistance levels in recent days… read more...

Gold Vs. Silver - Precious Metals Supply And Demand

via: SeekingAlpha at 2019-06-06 02:34:09:000

Is Silver Still Useful As A Monetary Metal? The price of gold jumped a whole twenty bucks last week. We imagine that the marginal gold bug is relieved to be rid of his gold, in this opportunity afforded by the highest price since early April. OK, all kidding aside, the price of silver went u… read more...

Gold Will Save Us All

via: SeekingAlpha at 2019-06-05 07:35:56:000

In the absence of the gold standard, there is no way to protect savings from confiscation through inflation. There is no safe store of value. - Alan Greenspan Allow me to start off this article by making it very clear that I am by no means a Gold bug. Ever… read more...

Is The Yellow Metal 'Good As Gold' Again?

via: SeekingAlpha at 2019-06-05 06:46:29:000

Unfortunately, for the bulls, gold has been anything but good. The Midas Metal has spent the last 6 years putting traders and investors to sleep. It has oscillated between a high of $1,434 per ounce in 2013 and a low of $1,045 per ounce in late 2015. While there have been periods of excitement… read more...

Gold matches 2019 high after soft jobs numbers

via: SeekingAlpha at 2019-06-05 05:26:04:000

What now seems like a nearly certain prospect of a rate cut within the next three months has gold investors feeling it. The latest sign was this morning's ADP jobs numbers for May - up just 27K vs estimates for a 175K gain. It was also the weakest ADP print in nine years. More news on: S… read more...

3 More Years Of Expansion - Bad News For Gold

via: SeekingAlpha at 2019-06-05 04:44:10:000

We are just a few weeks from breaking the record. If the current US economic expansion lasts until July 2019, it will reach 121 months, becoming the longest ever. The extended duration of the prosperity begs the question of when the next downturn will occur. We invite you to read our today's a… read more...

Tariff Madness Ignites Gold

via: SeekingAlpha at 2019-06-04 21:53:21:000

To be able to make an educated guess on how long this Tariff debacle will last and what developments may unfold down the line, it is first imperative to understand the motives of the main characters in the story - and that is the problem the market is grappling with; what exactly is Trump af… read more...

Where Investors Sought Protection From Trump's Tariffs On Mexico

via: SeekingAlpha at 2019-06-04 21:26:14:000

Tariff Man strikes again. In a surprise tweet last Thursday, President Donald Trump announced that, beginning June 10, the U.S. would impose a 5 percent tariff on all goods coming into the U.S. from Mexico until such time as illegal migrants coming through Mexico, a… read more...

Gold Set On A Path To A New Bull Market?

via: SeekingAlpha at 2019-06-04 13:14:51:000

In case you missed it, gold ( GLD ) has finally managed to stage a decent rally. Through the turmoil and tumult of the trade war escalation, gold had been reluctant to move as US dollar strength kept a lid on things, but there's a few key moving parts that investors should be thinking about wh… read more...

It's Time To Buy Gold Miners: Top News For May 2019

via: SeekingAlpha at 2019-06-04 10:24:52:000

Gold Mining Bull: Top News for May 2019 I'm here to provide you with the top news in the gold mining sector for May of 2019, in what was yet another eventful month for gold and silver mining shares. Here's some commentary on current gold prices and where I think prices could be heading thi… read more...

Weekly Dashboard: Interest Rates Plunge

via: SeekingAlpha at 2019-06-04 06:01:08:000

This report is published to members of EPB Macro Research each Sunday. The month of May ended with what some are calling "panic buying" in US Treasuries as interest rates dropped as much as 20 basis points on some parts of the yield curve. After President Trump announced a new set … read more...

VNQ: Diversification, Fundamentals, And Timing

via: SeekingAlpha at 2019-06-03 16:06:54:000

When analyzing an investment idea, we can do it through different perspectives. The benefits of diversification, the fundamental picture for the asset, and the timing considerations based on momentum and relative strength. Vanguard Real Estate ETF ( VNQ ) currently looks quite solid from those… read more...

Leveraged ETF Decays - Update

via: SeekingAlpha at 2019-06-03 12:50:26:000

I measure once a month the decay of major leveraged ETFs. It may be useful for anyone using leveraged ETFs for investing, trading or hedging. Where does the decay come from? Most of the time, a leveraged ETF does worse than the underlying asset leveraged by the same factor. This relative… read more...

GDX: The Good, The Bad, And The Ugly

via: SeekingAlpha at 2019-06-03 11:18:11:000

Just over six months ago I wrote an article titled "GDX: The Good, The Bad, And The Ugly" , to discuss which miners ( GDX ) were worth holding, and which were worth avoiding. The top 3 names from within the GDX constituents I discussed were AngloGold Ashanti ( AU ), Barrick Gold ( GOLD ), and… read more...

Global tensions boost gold to nine-week highs; gold miners gain

via: SeekingAlpha at 2019-06-03 05:26:23:000

Gold prices power to nine-week highs in early morning trade, after last week's global stock market selloff and as U.S. stock futures point to a lower open; Comex gold +0.7% to $1,319.80/oz. More news on: DRDGOLD Limited, Hecla Mining Company, Yamana Gold Inc., Commodities news, Stocks on… read more...

Gold: Impact From U.S. And Chinese Policies

via: SeekingAlpha at 2019-06-03 03:46:06:000

By Erik Norland Gold prices have been on a wild ride. Between 2000 and 2011, they rose from $280 to around $1,900 per ounce before falling back to $1,050 in 2015. Currently, they are trading close to $1,300 an ounce. Gold has made similar-sized moves when priced in the Chinese renminbi ((C… read more...

Precious Metals Royalty And Streaming Companies: The May Report

via: SeekingAlpha at 2019-06-03 02:09:28:000

Precious metals royalty and streaming companies represent a very interesting sub-industry of the precious metals mining industry. They provide some leverage to the growing metals prices, similar to the typical mining companies, however, they are less risky in comparison to them. Their income… read more...

PHYS: Reduce Volatility And Add Some Safety To Your Portfolio With Gold

via: SeekingAlpha at 2019-06-02 11:51:29:000

Last night, the financial media was rocked by news that the Trump Administration is imposing tariffs on yet another major trading partner of the United States. This time, the tariffs are against Mexico and will be purportedly in place until Mexico resolves the illegal immigrant issue. Needless… read more...

The Gold ETF Is Rising While Commodities Slump And The Dollar Peaks

via: SeekingAlpha at 2019-06-02 11:51:03:000

Here are the daily charts for the gold, commodities and the dollar ETFs. The gold ETF tracks the spot price of gold and are said to be backed by gold bars in vaults in London. SPDR Gold Trust ETF (NYSEARCA: GLD ) Courtesy of Refinitiv XENITH The gold ETF ($123.33 on May 31)… read more...

Gold Is A Barometer Of Fear

via: SeekingAlpha at 2019-06-02 02:00:00:000

I was a precious metals trader from the early 1980s until 1997 for one of the world's leading bullion dealers with offices in New York, London, and Hong Kong. For most of that time, the price of the yellow metal traded at between $300 and $400 per ounce. Memories of the 1980 peak at $875 per o… read more...

Investing In The New Economy: Secular Economic Trends

via: SeekingAlpha at 2019-06-01 03:00:00:000

Note: This note was last updated and published to members of EPB Macro Research on February 18, 2019. In order to successfully invest in the future, it is critical to have a deep understanding of the secular trends that are driving the global economy and the domestic economy. Extrapo… read more...

Gold miners gain big as price breaks above $1,300

via: SeekingAlpha at 2019-05-31 10:44:20:000

Gold miners are outperforming other mining and metal names as Comex gold rallies +1.5% to settle at $1,311.10/oz., the highest finish for a most-active contract since April 10, after Pres. Trump threatened to impose tariffs on all Mexican goods imported into the U.S. More news on: SPDR… read more...

Gold Could Benefit From A Stock Market Bottom

via: SeekingAlpha at 2019-05-31 10:29:12:000

Golds inability to rally in May despite mounting fears over the global trade and economic outlook is well known. What merits discussion, however, is how well the gold price has held its own in the face of a strong dollar and a weak stock market. Today, well discuss the question… read more...

Gold gets safe-haven buying amid global stock selloff

via: SeekingAlpha at 2019-05-31 04:22:33:000

Gold catches a bid following Pres. Trump threat to levy tariffs on all imports from Mexico, exacerbating fears of a global economic slowdown. More news on: IAMGOLD Corporation, Gold Fields Limited, AngloGold Ashanti Limited, Commodities news, Stocks on the move, News on ETFs, Read m… read more...

Peter Schiff Takes On The Conventional Wisdom (Video)

via: SeekingAlpha at 2019-05-29 22:08:07:000

By SchiffGold During the 2019 Las Vegas MoneyShow, Peter Schiff participated in an investing panel with Alexis Christoforous, Keith Fitz Gerald, Mark Skousen. The four discussed "where to invest." When you boil it all down, it was Peter taking on the conventional wisdom. There were som… read more...

How Not To Launch A Gold Standard - Precious Metals Supply And Demand

via: SeekingAlpha at 2019-05-29 17:15:06:000

The Money of the Free Market, not of Governments Monday was Memorial Day holiday in America. Last week the price of gold rose 8 bucks, and silver 16 cents. With Keith traveling in Asia right now, this will be a brief report. But speaking of Asia, everyone seems to be talking about China's (a… read more...

Nothing To Commend Gold But Fear

via: SeekingAlpha at 2019-05-29 11:03:25:000

Gold investors are biting their nails right now over golds inability to rally in the face of widespread fears. Normally the yellow metal would be in full-blown bullish mode with as much uncertainty as there is now over U.S.-China trade and Brexit. Yet gold prices have been uncharacteri… read more...

SLV: Investors Should Pay Attention To The Dollar, Not Industrial Production Growth

via: SeekingAlpha at 2019-05-29 10:24:50:000

Investment thesis We believe that investors should pay more attention to the dollar than industrial production growth before asserting exposure to [[SLV]]. Our statistical study shows that SLV is much more driven by macro forces (proxied by the dollar) rather than industrial production growt… read more...

Gold Weekly: No Downside Tail Risks Priced In To GLDM Despite US-China Trade Tensions

via: SeekingAlpha at 2019-05-29 06:34:11:000

Introduction Welcome to Orchid's Gold Weekly report. We discuss gold prices through the lense of the World Gold Shares SPDR Gold Minishares Trust ETF ( GLDM ) because we think that is the best pure-play ETF to assert exposure to spot gold prices. We remain cautious toward GLDM at present… read more...

Double Whammy: Fed Policy And The U.S.-China Trade War

via: SeekingAlpha at 2019-05-28 21:32:26:000

Markets were decisively in risk-off mode last week. Following weak manufacturing news last Thursday, the yield on the 10-year Treasury sank to its lowest level since October 2017. The spread between the 10-year yield and the three-month yield, in fact, inverted once again, with… read more...

Gold no longer attractive in complacent market, says Wells Fargo analyst

via: SeekingAlpha at 2019-05-28 13:17:56:000

Gold prices no longer look attractive based on the way the metal has reacted to recent economic events, says Wells Fargo's John LaForge, noting that gold's complacent reaction to market volatility is uncharacteristic of a safe haven asset. More news on: SPDR Gold Trust ETF, iShares Silv… read more...

The Gold ETF Is A Buy As Commodities And Dollar ETFs Consolidate

via: SeekingAlpha at 2019-05-27 11:09:11:000

Here are the daily charts for the gold, commodities and the dollar ETFs. The gold ETF tracks the spot price of gold and is said to be backed by gold bars in vaults in London. SPDR Gold Trust ETF (NYSEARCA: GLD ) Courtesy of Refinitiv XENITH The gold ETF ($121.30 on May 24) … read more...

Sentiment Speaks: Gold Is In A Precarious Spot

via: SeekingAlpha at 2019-05-27 03:45:00:000

My mother told me that if I did not have anything nice to say, I should not say anything at all. Well, that is why you have not heard from me about [[GLD]] for quite some time. When I wrote about it last, many were certain it was going to break out again, but I suspected we would continue to c… read more...

Silver Speculators Say It's Time To Start Buying

via: SeekingAlpha at 2019-05-27 02:44:16:000

The gold futures market took a big step towards bullish - or at least neutral - in the past week. Speculators (usually wrong at big turning points) scaled back their long bets while commercials (usually right at turning points) reduced their net short positions. This is progress, but still… read more...

How Should Investors Position Themselves After A Potential 2yr/10yr Inversion?

via: SeekingAlpha at 2019-05-26 18:58:24:000

The S&P 500 has been plummeting this month, following a strong rally since the start of this year, while the safe-haven asset gold has been rising higher. Regardless of a dovish Fed, the Treasury market is still exhibiting worrisome economic signals, as the yield curve rema… read more...

Peter Schiff: The Russians Are Buying Gold To Prepare For The Impending Dollar Crisis

via: SeekingAlpha at 2019-05-24 06:57:27:000

By SchiffGold Russia once again added to its growing gold reserves in April, buying another 15.55 tons of the yellow metal. According to a press release from the Central Bank of Russia, it now holds 2,183.46 tons of gold. Russia has expanded its gold holdings by 71.53 tons through the fi… read more...

Peter Schiff: The Russians Are Buying Gold To Prepare For The Impending Dollar Crisis

via: SeekingAlpha at 2019-05-24 06:57:27:000

By SchiffGold Russia once again added to its growing gold reserves in April, buying another 15.55 tons of the yellow metal. According to a press release from the Central Bank of Russia, it now holds 2,183.46 tons of gold. Russia has expanded its gold holdings by 71.53 tons through the fi… read more...

Peter Schiff: The Russians Are Buying Gold To Prepare For The Impending Dollar Crisis

via: SeekingAlpha at 2019-05-24 06:57:27:000

By SchiffGold Russia once again added to its growing gold reserves in April, buying another 15.55 tons of the yellow metal. According to a press release from the Central Bank of Russia, it now holds 2,183.46 tons of gold. Russia has expanded its gold holdings by 71.53 tons through the fi… read more...

Data Shows Gold Is Undervalued In Many Currencies Since 2011

via: SeekingAlpha at 2019-05-23 21:49:05:000

Since the last recession in 2008-9, golds price has fallen 45% in US dollar terms, at the same time US M2 money supply has risen 70%. On its face, the relationship between the growth in aggregate money supply of dollars and the fall in corresponding dollar price of gold doesnt … read more...

Data Shows Gold Is Undervalued In Many Currencies Since 2011

via: SeekingAlpha at 2019-05-23 21:49:05:000

Since the last recession in 2008-9, golds price has fallen 45% in US dollar terms, at the same time US M2 money supply has risen 70%. On its face, the relationship between the growth in aggregate money supply of dollars and the fall in corresponding dollar price of gold doesnt … read more...

Data Shows Gold Is Undervalued In Many Currencies Since 2011

via: SeekingAlpha at 2019-05-23 21:49:05:000

Since the last recession in 2008-9, golds price has fallen 45% in US dollar terms, at the same time US M2 money supply has risen 70%. On its face, the relationship between the growth in aggregate money supply of dollars and the fall in corresponding dollar price of gold doesnt … read more...

The Trade War Will Backfire On The American Economy

via: SeekingAlpha at 2019-05-23 20:40:35:000

Trump (to China): Stop, or I'll impose import-taxes on my own people! Cleavon Little playing Sheriff Bart in the movie, "Blazing Saddles." Source: TV Tropes President Donald Trump seems to have put himself in a similar situation as Sheriff Bart in Mel Brooks' cult classic film, Blaz… read more...

The Trade War Will Backfire On The American Economy

via: SeekingAlpha at 2019-05-23 20:40:35:000

Trump (to China): Stop, or I'll impose import-taxes on my own people! Cleavon Little playing Sheriff Bart in the movie, "Blazing Saddles." Source: TV Tropes President Donald Trump seems to have put himself in a similar situation as Sheriff Bart in Mel Brooks' cult classic film, Blaz… read more...

The Trade War Will Backfire On The American Economy

via: SeekingAlpha at 2019-05-23 20:40:35:000

Trump (to China): Stop, or I'll impose import-taxes on my own people! Cleavon Little playing Sheriff Bart in the movie, "Blazing Saddles." Source: TV Tropes President Donald Trump seems to have put himself in a similar situation as Sheriff Bart in Mel Brooks' cult classic film, Blaz… read more...

Gold Is Increasingly Becoming More Portable Globally

via: SeekingAlpha at 2019-05-23 12:08:57:000

SBTV's latest guest is Kai C. Chng CEO of Digix Global , a company that is tokenizing real world physical assets like gold on the blockchain. KC shares how gold-backed DGX tokens are allow gold to be even more portable and usable for payments today. Discussed in this interview: 0… read more...

Tracking John Paulson's Paulson & Company Portfolio - Q1 2019 Update

via: SeekingAlpha at 2019-05-23 05:25:46:000

This article is part of a series that provides an ongoing analysis of the changes made to John Paulson's 13F stock portfolio on a quarterly basis. It is based on Paulson's regulatory 13F Form filed on 05/15/2019. Please visit our Tracking John Paulson's Pau13lson & Company Portfolio ser… read more...

Disappointment In The Gold Market

via: SeekingAlpha at 2019-05-23 02:12:00:000

Gold is a safe haven asset that market participants tend to flock to during periods of fear, uncertainty, and inflation. The yellow metal is both a commodity and a financial asset, making it unique. Along with its many industrial and ornamental uses, gold serves as an asset for countries aro… read more...

Why China Is The World's Largest Gold Consumer

via: SeekingAlpha at 2019-05-23 00:03:40:000

By Sachin Patel At a Glance China's appetite for gold continues as use in jewelry, electric cars and central bank reserves increase Retail investors in China purchased 10.7 million ounces of gold bars and coins in 2018 Gold has long enjoyed deep cultural significance in China, wh… read more...

Stubborn Fed Is Keeping A Lid On Gold

via: SeekingAlpha at 2019-05-22 10:07:49:000

There are many factors that can be blamed for slumping precious metals prices in recent months. Yet one of the biggest factors has been none other than the Federal Reserve. The steadfastness of the U.S. central bank in holding interest rates steady has kept the dollar strong, which in turn has… read more...

Central Bankers - Followers Not Leaders

via: SeekingAlpha at 2019-05-22 02:15:00:000

Central Bankers are an elite group of economists that manage monetary policies for nations around the world. In the US and Europe, the Federal Reserve and European Central Bank manage short-term interest rates, which is the primary monetary policy tool. Market forces establish the rates furthe… read more...

GLD: Why It's Going Higher

via: SeekingAlpha at 2019-05-21 08:28:49:000

Image Source GLD: Still Going Much Higher SPDR Gold Shares ( GLD ) is down by about 5.5% since the ETF's recent high in February. GLD trades parallel to gold, and as gold has fallen in recent months, so had GLD. However, the overall fundamental image surrounding GLD/gold appears extr… read more...

Gold Weekly: We Turn More Cautious

via: SeekingAlpha at 2019-05-21 07:34:30:000

Introduction Welcome to Orchid's Gold Weekly report. We discuss gold prices through the lenses of the World Gold Shares SPDR Gold Minishares Trust ETF ( GLDM ) because we think that is the best pure-play ETF to assert exposure to spot gold prices. GLDM is directly impacted by the moves i… read more...

PHYS: The Gold Standard To Protect Against The 'Bar ZJ6752' Fiasco

via: SeekingAlpha at 2019-05-21 07:03:47:000

As featured in my first article for Seeking Alpha on the topic of gold ETFs, investors seeking to provide a measure of protection for their portfolios often turn to gold. In that article, I offered a graphic that reveals that gold has provided such protection with approximately 83% certain… read more...

Brutal Gold Futures Action Explains Last Week's Big Price Decline

via: SeekingAlpha at 2019-05-20 22:10:44:000

Just when it looked like gold futures - which still, unfortunately, dictate the price of physical precious metals - were ready to turn bullish, last week's Commitments of Traders report ((COT)) revealed that commercial traders (usually right at big turns) had gone massively short, while specul… read more...

The Dirty Truth

via: SeekingAlpha at 2019-05-20 11:59:00:000

The truth is incontrovertible. Malice may attack it, ignorance may deride it, but in the end, there it is. - Winston Churchill If you dont have a portion of your portfolio that you absolutely hate, you arent diversified. Why? Because youll hate the p… read more...

Gold Stock Traders Know Something Gold Investors Don't

via: SeekingAlpha at 2019-05-20 04:20:32:000

Despite a recent attempt at bottoming, golds revival attempt has been hindered by a serious lack of confirmation from its peers. Specifically, golds sister metal silver has shown significant relative weakness while gold mining stocks have also failed to rally. A… read more...

GDX: Watch Out For The Summer Doldrums

via: SeekingAlpha at 2019-05-20 02:49:20:000

The spot price of gold got off to a great start this year and briefly clipped $1,350/oz back in February before failing (yet again) to break through heavy resistance that resides in that same region. Although for a brief period of time gold looked to be gaining strong momentum as there was cer… read more...

SILJ: Silver Looks Weak And Landmines Are Everywhere

via: SeekingAlpha at 2019-05-20 00:21:49:000

The new year got off to an impressive enough start for silver and in particular silver mining stocks, with many companies seeing their share prices climb steadily higher into the double-digit range during Q1 before starting to fizzle out at the start of Q2. Now, as we enter deeper into mid-M… read more...

Why Now Is The Time To Buy Gold

via: SeekingAlpha at 2019-05-19 19:40:01:000

John Maynard Keynes called it a barbarous relic. Warren Buffett said it has no utility. Its a curious yellow metal that miners dig out of the ground only to melt down and bury again in carefully guarded vaults. So why invest in gold? As Ray Dalio once said, If you dont … read more...

The Gold ETF Held Key Level, Commodities Near 'Golden Cross' As Dollar Peaks

via: SeekingAlpha at 2019-05-19 12:35:30:000

Here are the daily charts for the gold, commodities and the dollar ETFs. The gold ETF tracks the spot price of gold and is said to be backed by gold bars in vaults in London. SPDR Gold Trust ETF (NYSEARCA: GLD ) Courtesy of Refinitiv XENITH The gold ETF ($120.65 on May 17) … read more...

Trade Issues Are Only The Tip Of A Volatile Iceberg For Markets

via: SeekingAlpha at 2019-05-19 02:15:00:000

There is a Chinese curse which says, "May he live in interesting times." Given the current trade dispute between the United States and China, the commodities markets are under a spell because many of the raw materials are in the crosshairs of the wave of protectionism that escalated to a new l… read more...

Revisiting Gold's Trading Patterns

via: SeekingAlpha at 2019-05-17 23:09:44:000

The only constant in the market (any market) is emotion. Specifically, fear; fear of losing and fear of missing out (greed). Repetitive market patterns that are connected in some way to human emotions are the best chance we have of understanding the present and, perhaps, improving our predicti… read more...

Unearthing ESG In The Gold Industry

via: SeekingAlpha at 2019-05-17 15:31:04:000

Easing Global Risks Softened Safe-Haven Demand The gold price showed a small decline in April as global risks eased somewhat. First quarter gross domestic product ((GDP)) growth exceeded expectations in the U.S. and China. China also reported gains in retail sales and industrial production f… read more...

Trade Wars - Taking A Look At Optimal Hedges For Investor Portfolios

via: SeekingAlpha at 2019-05-17 11:22:35:000

In an article last year, we discussed possible portfolio strategies in order to navigate the potentially tempestuous waters of rising populism and related to that the evolving trade war between China and the U.S. Although earlier in the year it appeared that both sides were willing to compro… read more...

Sentiment May Be Bullish, But Weakening Fundamentals Mark The Turn

via: SeekingAlpha at 2019-05-17 05:04:41:000

The divergence between the stock market and the underlying economy has gotten ridiculous. While most of the productive economic indicators are falling, the stock market keeps rallying after each correction. The market does not pay attention to fundamentals anymore and is largely driven by po… read more...

Despite Steepening Yield Curve, Investors Embrace Bond Funds In April

via: SeekingAlpha at 2019-05-17 04:15:45:000

Photo Source: Andy Wong/Pool via REUTERS. Chinese Vice Premier Liu He, right, poses with U.S. Treasury Secretary Steven Mnuchin, center, and U.S. Trade Representative Robert Lighthizer, left, before they proceed to their meeting at the Diaoyutai State Guesthouse in Beijing, Wednesday, May 1, … read more...

Safe Havens Provide Shelter From The Volatile Storm

via: SeekingAlpha at 2019-05-17 02:00:00:000

Markets have entered a new dimension in May. After the volatile fourth quarter, the markets calmed, and stocks regained all of their losses over the first four months of 2019. The price of crude oil also made an impressive comeback. After a decline from $76.90 on the nearby NYMEX futures contr… read more...

Worry Indicators Are Rising

via: SeekingAlpha at 2019-05-16 10:28:36:000

Let's start with the good news: while many worry indicators are rising today, along with the decline in stocks, the US dollar is weaker. It will be hard to declare if a risk-off environment has fully gripped the markets without a meaningful surge in the safe-haven dollar (see figure 4), which … read more...

This Indicator Suggests It May Pay To Favor Gold Over Equities Going Forward

via: SeekingAlpha at 2019-05-16 00:18:15:000

This is based on an excerpt from a recent chart book featured on The Felder Report PRO. One chart I've been watching for the past few years is the ratio of Gold to the S&P 500. Over the last half-century, there have been good times to own gold and good times to own stocks and the two h… read more...

The Best Way To Gain Commodity Exposure In Your Portfolio

via: SeekingAlpha at 2019-05-15 11:03:35:000

Investment Thesis Commodities contribute diversification and can significantly increase a portfolio's return. However, the menu of commodity funds is colorful, the funds themselves can be vastly different from each other, and not all of them invest in the actual commodity itself. I tend to p… read more...

Gold Rally Strictly A Fear-Driven Affair

via: SeekingAlpha at 2019-05-15 09:03:49:000

Golds luster is gradually returning after months of underperforming equities and other risk assets. Yet despite the metals improved prospects in the immediate term, there are still several key factors which havent lined up in golds favor yet. These factors, whic… read more...

Gold And Silver May Be Setting Up For A Big Move

via: SeekingAlpha at 2019-05-15 05:18:43:000

The price of gold soared over $13 Monday as flight-to-safety money flowed into the precious metals sector while the stock market went into a downward spiral. I see Monday's market action as a preview of what's in store going forward as price discovery once again engulfs the stock market and ca… read more...

Platinum - Why I Favor PLTM Over PPLT

via: SeekingAlpha at 2019-05-15 02:00:00:000

One thing that almost four decades in the commodities markets taught me is that the most rewarding and profitable opportunities can also be highly frustrating. Value is in the eyes of the beholder. In the commodities market, the price relationship between one commodity and another or others th… read more...

Gold Weekly: Expect Further Strength Despite Fragile ETF Investor Sentiment

via: SeekingAlpha at 2019-05-14 11:52:09:000

Introduction Welcome to Orchid's Gold Weekly report. We discuss gold prices through the lenses of the World Gold Shares SPDR Gold Minishares Trust ETF ( GLDM ) because we think that is the best pure-play ETF to assert exposure to spot gold prices. GLDM is directly impacted by the moves i… read more...

Gold: Rallying On Elevated Volatility

via: SeekingAlpha at 2019-05-14 10:13:22:000

Yesterday's market action in US equity markets once more demonstrated why it is so important to have a diversified portfolio in order to realize above-average gains. The S&P 500 dropped by 70 handles to finish the trading day at $2,811. As a result, the CBOE Volatility Index (VIX) popped a… read more...

The S&P 500 Recovery Hits The Precious Metals Stocks

via: SeekingAlpha at 2019-05-14 08:51:01:000

Preamble In today's modern world of investment opportunities, there are a myriad of attractions for an investor's hard earned funds. There are pros and cons for each one of them and sooner or later they all have their day in the sun. Investments on offer include but are not limited to; cur… read more...

The Silver/Gold Ratio Is Approaching A Record Level

via: SeekingAlpha at 2019-05-14 08:04:57:000

Last Friday, on May 10, the trade dispute between the US and China escalated with sent a wave of uncertainty through markets across all asset classes. Source: Barchart The chart of the VIX volatility index shows that the metric that moves higher when stock prices move to the downside tr… read more...

Slumbering gold wakes up as markets sink

via: SeekingAlpha at 2019-05-13 11:10:14:000

The yellow metal has mostly been anchored amid the trade-related market shake-up of the past few days, but it's catching something resembling a bid today. More news on: SPDR Gold Trust ETF, iShares Gold Trust ETF, Sprott Physical Gold Trust, Commodities news, Stocks on the move, News on ET… read more...

Gold Gets Fear Boost, But Needs More Support

via: SeekingAlpha at 2019-05-13 07:22:52:000

The gold price has received a much-needed safety bid since last week, and this has sufficed to keep the metals price above its recent four-month low. But as well discuss in todays report, more is needed a lot more before a buy signal is confirmed. Spec… read more...

Sentiment: The Gold Market Isn't Worried About Anything

via: SeekingAlpha at 2019-05-13 00:23:45:000

(Source: Yahoo Finance ) The gold market, as measured by the SPDR Gold Trust ETF ( GLD ), has essentially gone nowhere over the past 5 years. As my followers are aware, I made a bullish call on gold when Trump was elected, as it was my view that massive deficits and global geopolitical un… read more...

The Gold ETF Is Rebounding As Commodities Slump And The Dollar Peaks

via: SeekingAlpha at 2019-05-12 11:56:35:000

Here are the daily charts for the gold, commodities and the dollar ETFs. The Gold Trust ETF tracks the spot price of gold and is said to be backed by gold bars in vaults in London. SPDR Gold Trust (NYSEARCA: GLD ) Courtesy of Refinitiv XENITH The Gold ETF ($121.43 on May 10… read more...

GLD: Key Players Are Guiding Markets

via: SeekingAlpha at 2019-05-12 10:25:25:000

In the second half of 2011, the SPDR Gold Trust ETF ( GLD ) rose to record highs of $185.85 on the back of deeply-rooted economic uncertainties and extreme volatility in global equities markets. Since that time, GLD has dropped by 34.71% while the S&P 500 has generated an amazing recovery … read more...

The Impact Of Failure: The Impact Of A Full-Fledged Trade War With China

via: SeekingAlpha at 2019-05-10 15:06:21:000

Presidents Trump and Xi Trying for a Trade Deal, 2018 Source INTRODUCTION Global markets have been rocked this week by the news that President Trump has threatened to raise the tariffs on $200 billion of Chinese imports from 10% to 25% on Friday, May 10 th ( Ana Swanson & Keit… read more...

The Impact Of Failure: The Impact Of A Full-Fledged Trade War With China

via: SeekingAlpha at 2019-05-10 15:06:21:000

Presidents Trump and Xi Trying for a Trade Deal, 2018 Source INTRODUCTION Global markets have been rocked this week by the news that President Trump has threatened to raise the tariffs on $200 billion of Chinese imports from 10% to 25% on Friday, May 10 th ( Ana Swanson & Keit… read more...

Gold - The Calm Before The Storm

via: SeekingAlpha at 2019-05-09 06:48:59:000

The Midas Touch Gold Model Update May 2019 The beginning of wisdom is the definition of terms. - Socrates Feelings are invulnerable to rational thought. - Stephen King While gold ( GLD ) has been showing some signs of life over the last few days, I… read more...

Gold - The Calm Before The Storm

via: SeekingAlpha at 2019-05-09 06:48:59:000

The Midas Touch Gold Model Update May 2019 The beginning of wisdom is the definition of terms. - Socrates Feelings are invulnerable to rational thought. - Stephen King While gold ( GLD ) has been showing some signs of life over the last few days, I… read more...

Gold - The Calm Before The Storm

via: SeekingAlpha at 2019-05-09 06:48:59:000

The Midas Touch Gold Model Update May 2019 The beginning of wisdom is the definition of terms. - Socrates Feelings are invulnerable to rational thought. - Stephen King While gold ( GLD ) has been showing some signs of life over the last few days, I… read more...

Global Precious MMI: Trading Places - Subindex Drops 1.1% As Metals Swap Trends

via: SeekingAlpha at 2019-05-09 02:05:12:000

Original Post By Taras Berezowsky No, we're not talking about Eddie Murphy and Dan Aykroyd (although we do love that classic film ). The Global Precious Monthly Metals Index ((MMI)) has just entered a two-month downtrend, with global trade uncertainties and other economic worries … read more...

Global Precious MMI: Trading Places - Subindex Drops 1.1% As Metals Swap Trends

via: SeekingAlpha at 2019-05-09 02:05:12:000

Original Post By Taras Berezowsky No, we're not talking about Eddie Murphy and Dan Aykroyd (although we do love that classic film ). The Global Precious Monthly Metals Index ((MMI)) has just entered a two-month downtrend, with global trade uncertainties and other economic worries … read more...

Global Precious MMI: Trading Places - Subindex Drops 1.1% As Metals Swap Trends

via: SeekingAlpha at 2019-05-09 02:05:12:000

Original Post By Taras Berezowsky No, we're not talking about Eddie Murphy and Dan Aykroyd (although we do love that classic film ). The Global Precious Monthly Metals Index ((MMI)) has just entered a two-month downtrend, with global trade uncertainties and other economic worries … read more...

Monetary And Fiscal Malpractice Create Upside For Gold

via: SeekingAlpha at 2019-05-08 12:40:46:000

Growing debt problems and perpetual monetary stimulus have created heavily distorted financial markets. Moving forward a loss of confidence in central bankers ability to foster growth could lead to a currency crisis. Gold ( GLD ) would stand to increase substantially in such an event a… read more...

Gold Gets A Lift But Faces Stiff Competition

via: SeekingAlpha at 2019-05-08 07:35:38:000

After weeks of not having a meaningful safety bid, gold is finally seeing a pickup in interest among safety-conscious investors. The latest pullback in global equities has certainly helped, and gold has been responsive to the revived fears of an all-out trade war with China. But as Ill… read more...

Copper Deficit Predictions Grow And Central Banks Keep Stocking Gold

via: SeekingAlpha at 2019-05-07 20:44:56:000

The world is on a path to vast shortages in copper, nickel, lithium and other important minerals that are necessary to build the batteries in electric vehicles. So says Teslas ([[TSLA]]) global supply manager, according to Reuters . The comment comes as the electric car maker broke … read more...

Barrick Gold Could Be Best Long-Term Bet For Next Decade

via: SeekingAlpha at 2019-05-07 12:22:43:000

I have to say, I am not very optimistic in regards to the global economic outlook for the next decade. We will most likely see the start of a prolonged recession early on, which will just drag on and on, with no new engines of growth available to pull us out. This will in turn lead to sovereig… read more...

What Is GLD's Gold Inventory Telling Us?

via: SeekingAlpha at 2019-05-06 23:51:57:000

Editor's note: Originally published at tsi-blog.com on May 6, 2019. An increase in the amount of gold bullion held by GLD (the SPDR Gold Shares) and other bullion ETFs does not cause the gold price to rise. The cause-effect works the other way around and in any case, the amount of gold t… read more...

'All Manipulations End.' Why The Future Looks Bright For Gold And Silver - Weekly Wrap-Up (May 03, 2019)

via: SeekingAlpha at 2019-05-06 23:38:11:000

By Craig Hemke As we roll into May, the new U.S. jobs report makes some stunning claims - but can you believe the numbers? In this edition of The Weekly Wrap-Up, Eric Sprott breaks down the latest gold and silver news, including: Why the economy isn't as strong as people suggest The … read more...

Massive Asset Bubbles And Cheap Gold And Silver

via: SeekingAlpha at 2019-05-06 22:51:37:000

Notwithstanding Friday's absurdly phony and propagandistic employment report, it's becoming more apparent by the week that the Fed and the U.S. government are once again preparing to print more money. I don't know when the Fed will revert to more QE, but I would argue that the intense effort b… read more...

Gold Sits And Waits For Direction

via: SeekingAlpha at 2019-05-06 13:43:45:000

The price of COMEX June gold futures closed 2018 at $1297.60 per ounce after trading to a low at $1189.30 in mid-August. After trading to a high at $1356 on February 20, the price of the yellow metal has been making lower highs and lower lows reaching its most recent bottom at $1267.30 on May … read more...

Gold getting no bid from rising geopolitical tensions

via: SeekingAlpha at 2019-05-06 03:40:25:000

Donald Trump's trade war tweets from Sunday have created a big risk-off move in markets, with Shanghai plunging 5.5% overnight and U.S. futures indicating about a 2% opening decline . More news on: SPDR Gold Trust ETF, iShares Gold Trust ETF, Sprott Physical Gold Trust, Commod… read more...

The Gold ETF Is Stabilizing As Commodities Slip With Oil And The Dollar Peaks

via: SeekingAlpha at 2019-05-06 00:31:37:000

Here are the daily charts for the gold, commodities and the dollar ETFs. The gold trust ETF tracks the spot price of gold and is said to be backed by gold bars in vaults in London. SPDR Gold Trust (NYSEARCA: GLD ) Courtesy of Refinitiv XENITH The Gold ETF ($120.65 on Ma… read more...

A 4-ETF Combination To Assuage Fears Over The 'Bar ZJ6752' Fiasco

via: SeekingAlpha at 2019-05-05 11:17:45:000

Assuage . Don't you just love that word? According to dictionary.com, the first meaning of the word is "to make milder or less severe; relieve; ease; mitigate." In this case, we are referring to fears over what I will call the "Bar ZJ6752" fiasco. What is that, you ask? I first learned of… read more...

Has The Fed Undermined Our Bullish GLDM Call?

via: SeekingAlpha at 2019-05-05 10:56:26:000

Introduction We have been for some time bullish on the precious metals complex, especially gold, reflecting our expectations for an increasingly friendly macro backdrop, namely a weaker dollar and lower US real rates, principally because the US business cycle is approaching its end (See: Go… read more...

Stuck In Neutral: SchiffGold Friday Gold Wrap 05.03.19

via: SeekingAlpha at 2019-05-05 02:12:55:000

By SchiffGold The Federal Reserve FOMC met this week. When it was all said and done, the Fed did nothing. We're stuck in neutral. As expected, there was no rate hike. Fed Chair Jerome Powell indicated that the central bank would likely maintain this neutral stance into the foreseeable fu… read more...

This Week In Money - May 4, 2019

via: SeekingAlpha at 2019-05-04 22:11:46:000

Ross Clark Stock markets, gold, silver, copper, crude oil Mike Swanson Junior gold miners, markets Tim Wood The bubble of everything Bob Hoye Stock markets the big picture Larry Reaugh - President & CEO of… read more...

Is The Dollar A Reliable Indicator For Gold In 2019?

via: SeekingAlpha at 2019-05-03 14:50:58:000

By Kathy Lien Being a gold bull right now isn't easy because there's a good chance that the $1,343 high set back in February was a top. It's around the same level that gold peaked in early 2018 and mid-2016. Gold had a strong run between October 2018 and February 2019 , but prices are 5 p… read more...

Is The Dollar A Reliable Indicator For Gold In 2019?

via: SeekingAlpha at 2019-05-03 14:50:58:000

By Kathy Lien Being a gold bull right now isn't easy because there's a good chance that the $1,343 high set back in February was a top. It's around the same level that gold peaked in early 2018 and mid-2016. Gold had a strong run between October 2018 and February 2019 , but prices are 5 p… read more...

The Divergent Paths Of Income And Wealth Inequality

via: SeekingAlpha at 2019-05-02 16:05:25:000

By now, everyone is well aware of economic inequality. What might be somewhat obscured is the difference between income inequality and wealth inequality. The two terms are often used interchangeably, but they are not the same. Income inequality measures the differences in annual inflows … read more...

The Divergent Paths Of Income And Wealth Inequality

via: SeekingAlpha at 2019-05-02 16:05:25:000

By now, everyone is well aware of economic inequality. What might be somewhat obscured is the difference between income inequality and wealth inequality. The two terms are often used interchangeably, but they are not the same. Income inequality measures the differences in annual inflows … read more...

Perth Mint Physical Gold ETF: Government-Backed And Redeemable For Physical Gold

via: SeekingAlpha at 2019-05-02 11:30:20:000

Gold is something that you can use to diversify your stocks/bonds portfolio and can work as a market or inflation hedge. The Perth Mint Physical Gold ETF ( AAAU ) allows you to buy gold like any other physical gold ETF (like GLD or IAU ), except it allows not only Authorized Participants bu… read more...

Gold Technicals Indicate The Next Leg Up Is Finally Here

via: SeekingAlpha at 2019-05-02 11:07:20:000

Gold is an interesting market. Just when you think the world has completely forgotten the history this precious metal has had in finance, the price does something to move it back into the mainstream conversation. We may be nearing a point in which gold takes center stage among investors once a… read more...

Are Investors Too Bullish On Gold?

via: SeekingAlpha at 2019-05-02 10:38:27:000

In most cases when an asset such as gold experiences a corrective decline over a period of several weeks, investor sentiment tends to become bleak as the decline nears its nadir. This is in keeping with the tendency for short interest to increase on the way down, which in turn serves as fuel f… read more...

Gold touches year's lowest levels following Fed comments

via: SeekingAlpha at 2019-05-02 07:26:55:000

Comex gold prices tumble to YTDlows , -1.1% to $1,269.50/oz., weighed by stability in the U.S. dollar and Treasury yields a day after Fed Chairman Powell cast doubt about the prospect for a near-term rate reduction. More news on: SPDR Gold Trust ETF, VanEck Vectors Gold Miners ETF… read more...

How Can We Thrive Against ZIRP And NIRP?

via: SeekingAlpha at 2019-05-02 00:54:44:000

On the radio show, David McAlvany , Chen Lin and Michael Oliver are this week's guests. Poor souls who become addicted to drugs or alcohol most often find the immediate pain of withdrawal far too great to discontinue their pathological behavior. To avoid pain, they continue behavior tha… read more...

Gold Weekly: Blame The Dollar

via: SeekingAlpha at 2019-05-01 16:16:06:000

Abstract Composition with Dollar Sign - Peter Vahlefeld (Saatchi Art) Introduction Welcome to Orchid's Gold Weekly report. Source: Trading View The rebound in World Gold Shares SPDR Gold Minishares Trust ETF (GLDM) in March has failed to prove sustainable GLDM reac… read more...

Leveraged ETF Decays - Update

via: SeekingAlpha at 2019-05-01 11:13:59:000

I measure once a month the decay of major leveraged ETFs. It may be useful for anyone using leveraged ETFs for investing, trading or hedging. Where does the decay come from? Most of the time a leveraged ETF does worse than the underlying asset leveraged by the same factor. This relative … read more...

Should Gold Investors Fear 'King Dollar'?

via: SeekingAlpha at 2019-05-01 06:21:22:000

A recent fear for equity investors is the recent strength of the U.S. dollar. Many participants believe that continued strength in the greenback will undermine corporate profits by making goods produced by large U.S. multinational companies more expensive overseas. Meanwhile, the negative impa… read more...

Stocks, Gold And The Economy - Precious Metals Supply And Demand

via: SeekingAlpha at 2019-05-01 03:47:59:000

The Seeds of the Next Bust Are Closer to Sprouting The price of gold was up this week, by $10 and that of silver by 6. Something is brewing in the fundamentals that we haven't seen since last year. We will show a picture of this, below. There are many problems with assuming… read more...

Gold, Commodities, And Bob Moriarty's New Book

via: SeekingAlpha at 2019-05-01 01:57:53:000

Editor's note: Originally published at tsi-blog.com on April 29, 2019. If you look hard enough you will always be able to find reasons that the gold price is about to rocket upward, because such reasons always exist regardless of whether gold's prospects are bullish or bearish. More gene… read more...

The Historical Stock Bubble And Undervalued Gold And Silver

via: SeekingAlpha at 2019-04-30 01:06:19:000

When the hedge fund algos inevitably turn the other way and unload stocks, a meaningful amount of the capital that leaves the stock market will likely rush into gold and silver. The record hedge fund net short position on the Comex will add fuel to the move in gold/silver. James Anderson o… read more...

Philosopher David Hume Vs. The National Debt

via: SeekingAlpha at 2019-04-29 20:43:08:000

Scottish Enlightenment-era philosopher David Hume penned a prescient and incisive essay about public debt in 1752, long before our current age of fiat currencies and staggering federal deficits. He would have been horrified at how public finance has evolved or devolved , from his p… read more...

Gold: Is The $1,300 Level Next?

via: SeekingAlpha at 2019-04-29 12:55:00:000

Looking Back We published a report on Seeking Alpha on April 22, 2019, called "Special Gold Alert: Is the $1,456 Handle Possible in 2019?" In that report, we looked at price relationships in gold in the structure of the supply and demand levels that is identified by the Variable Changi… read more...

Necessary Conditions For Gold's Next Buy Signal

via: SeekingAlpha at 2019-04-29 08:20:43:000

For the first time in weeks, gold investors have reason to smile after the metals latest rally attempt. The reversal process of golds 10-week decline, however, has only just begun and faces some hurdles before a renewed buy signal has been confirmed. In todays report, w… read more...

Goldilocks Gets A Check-Up: A Diagnosis, And Prognosis

via: SeekingAlpha at 2019-04-28 21:50:00:000

Background - just who is this Goldilocks, anyway? In a March 31 article, Trump's Right, The Fed Should Cut, But 'Goldilocks' Is Likely Anyway , I defined today's Goldilocks markets this way: … the Goldilocks scenario: interest rates behave well as the economy slows, but the economy w... read more...

Gold Held Its Value Level As Commodities Slip And The Dollar Hits A New High

via: SeekingAlpha at 2019-04-28 08:13:57:000

Here are the daily charts for the gold, commodities and the dollar ETFs. The gold trust ETF tracks the spot price of gold and is said to be backed by gold bars in vaults in London. SPDR Gold Trust ETF (NYSEARCA: GLD ) Courtesy of Refinitiv XENITH The gold ETF ($121.37 on Ap… read more...

This Week In Money - April 27, 2019

via: SeekingAlpha at 2019-04-27 21:24:02:000

Ross Clark Stock markets, gold, oil. Eric Hadik 40 year cycle, equities. Ted Dixon Stalled energy projects, tax reform. Larry Reaugh - President & CEO of American Manganese Inc. Craig Goodwin - President, Director and Foun… read more...

Near-Record Gold Shorting

via: SeekingAlpha at 2019-04-27 02:52:21:000

Gold has failed to gain traction over the past couple months, normally a seasonally strong time. That has really weighed on sentiment, leaving traders increasingly bearish. Gold investment demand has flagged dramatically with lofty stock markets spewing great euphoria. Thats given gold… read more...

A Renewed Safety Bid, But Still Not Enough

via: SeekingAlpha at 2019-04-26 09:27:14:000

After losing the support of safety-seeking investors since February, gold has seen a recent uptick of interest as global equity market volatility has increased. But while gold demand is rising as global economic fears have revived, it won't be enough to counteract the negative impact of a stro… read more...

Goldman's 10 commodity trade ideas for second half

via: SeekingAlpha at 2019-04-25 20:39:22:000

Goldman Sachs (NYSE: GS ) is closing its top 10 trade ideas from a few months ago based on misplaced macro risk, and has introduced 10 commodities trades for a second half that it thinks will be based on shorter-focus considerations. More news on: The Goldman Sachs Group, Inc., The United … read more...

Why Do Rich Capitalists Suggest Destruction Of Capitalism?

via: SeekingAlpha at 2019-04-25 03:19:11:000

Jeff Deist , Eric Coffin and Michael Oliver are returning guests on this week's radio program. Many billionaires - Ray Dalio, Warren Buffett, and Bill Gates among them - like to call for higher taxes on people such as themselves. But this raises a compelling question: would they have be… read more...

Signs Of Life In Platinum

via: SeekingAlpha at 2019-04-24 10:02:18:000

Anyone bullish on platinum since the price of the metal moved to a discount to gold in 2014 knows that it has been more than a frustrating experience. The metal that has the nickname "rich man's gold" has been anything but that for almost five years. In May 2014, platinum traded to a peak at j… read more...

Looking To Include Gold In Your Portfolio? Think GLD BARs

via: SeekingAlpha at 2019-04-24 09:55:23:000

This past February, based on a review of some investing wisdom from John C. Bogle and Peter L. Bernstein , I offered Seeking Alpha readers my take on the perfect portfolio for the next 10 years . In the article, I proposed the following "base" allocation for the next 10 years. 30% U.S…. read more...

Bankrupting Coffee Shops - Precious Metals Supply And Demand

via: SeekingAlpha at 2019-04-24 02:13:43:000

Coffee, Milk and Gold Last week was holiday-shorted due to Good Friday (it's not an official holiday in the US, but it is in the UK. And this week's report is a day late due to Easter Monday). The price of gold dropped $15, but the price of silver rose 4. Perhaps silver traders got wor… read more...

Expect A Gold Rebound Later This Spring

via: SeekingAlpha at 2019-04-23 10:48:41:000

A surge in the crude oil price in recent months is at odds with a strong U.S. dollar index and weakening gold price, making it difficult for investors to discern which way the economic winds are blowing. Conflicting signals in some key inflation barometers, including gold, have put many invest… read more...

Gold: Seasonality Bearish, Futures Turning Bullish

via: SeekingAlpha at 2019-04-23 01:10:56:000

Early 2019 looked like a great set-up for gold , but failed to live up to its billing. A nice December-through-March run took the price back to the $1,350 resistance that had repelled it four times in the past five years. And that was that. No penetration and fast spike into the $1,500s. Just… read more...

Winter Is Coming: The Case For A Low-Growth, Low-Rates Future

via: SeekingAlpha at 2019-04-23 00:17:49:000

HBO's epic fantasy TV series hit off its final season this past week, reminding viewers that through seven seasons of proclaiming that "Winter is Coming" despite no discernible signs of such change, winter has finally come. And with winter, which in the world of the story is a protracted sea… read more...

The Hunger For Muni Bonds Is Real

via: SeekingAlpha at 2019-04-22 20:26:23:000

Another Tax Day has come and gone. This was the first year that Americans paid taxes under President Donald Trumps tax cuts. And yet many filers -especially those living in high income tax states such as New York, California and New Jersey - saw their payments rise significantly due to… read more...

What Will Revive Gold's Fortunes?

via: SeekingAlpha at 2019-04-22 09:32:24:000

With gold coming under attack from the twin threats of a strengthening U.S. currency and dwindling safe-haven demand, investors are wondering what can revive interest in the metal. In todays report, Ill make the case that there are at least three economic threats which could ea… read more...

Special Gold Alert: Is The $1456 Handle Possible In 2019?

via: SeekingAlpha at 2019-04-22 07:57:25:000

On September 28, 2018, we published an article on Seeking Alpha that forecast the price of gold for the next twelve months. In it, we used the 360-day cycle of the supply and demand outlook for the price of gold for the period beginning September 28, 2018 through September 28, 2019. Gold was… read more...

Platinum, Coffee And Other Commodity Picks With Andrew Hecht (Podcast)

via: SeekingAlpha at 2019-04-22 03:30:00:000

Listen and subscribe to the Marketplace Roundtable on these podcast platforms: iTunes/Apple Podcasts Spotify Stitcher By Nathaniel E. Baker Today's Marketplace Roundtable podcast features Andrew Hecht , author of the weekly Hecht Commodity Report . Hecht'… read more...

Gold Is Testing A Key Level As Commodities Stall And The Dollar Hits A New High

via: SeekingAlpha at 2019-04-21 10:38:09:000

Here are the daily charts for the gold, commodities and the dollar ETFs. The gold trust ETF tracks the spot price of gold and is said to be backed by gold bars in vaults in London. SPDR Gold Trust (NYSEARCA: GLD ) Courtesy of Refinitiv XENITH The Gold ETF ($120.37 on April … read more...

Marc Faber: Currencies To Collapse Against Precious Metals

via: SeekingAlpha at 2019-04-21 02:45:48:000

Welcome to this week's Market Wrap Podcast, I'm Mike Gleason. Coming up the one and only Marc Faber joins me for a tremendous conversation on debt, the global economy and the future of the dollar. Marc tells us how much he believes the average investor should have in gold and silver rig… read more...

Gold Needs More Time Before It Breaks To The Upside

via: SeekingAlpha at 2019-04-21 02:00:00:000

Gold traded to a high at $1344 on the nearby COMEX futures contract in 2019 after hitting a high at $1365.40 in 2018. Last year's peak created a double top in the gold futures market as the price hit the exact high in January and April. In 2017, the highest price for gold was at $1358.50, and … read more...

Monetary Heroin: SchiffGold Friday Gold Wrap 04.19.19

via: SeekingAlpha at 2019-04-21 01:43:55:000

By SchiffGold Just a few weeks ago, the mainstream was worried about economic growth. Now, all of a sudden, the mainstream is bullish about economic growth. It seems like the high from the Fed's monetary heroin has fully taken hold. And it's not just in the US. In this episode of the Fri… read more...

This Week In Money - April 19, 2019

via: SeekingAlpha at 2019-04-21 00:45:37:000

Ross Clark - Stock markets, the USD, precious metals and gasoline. Marc Faber - Bonds, commodities, and banks. Chris Vermeulen - Crude oil, gold miners. Tim Wood - NASDAQs new high. Larry Reaugh - President & CEO of American Manganese Inc. … read more...

Stock Euphoria Stunts Gold

via: SeekingAlpha at 2019-04-19 19:55:31:000

The great euphoria emanating from these near-record-high stock markets is breathtaking. Traders are again convinced stocks do nothing but rally indefinitely. That everything-is-awesome mindset has stunted gold's latest upleg since there's no perceived need for prudently diversifying stock-heav… read more...

Interest Rate Inflection Point? Buy Bonds

via: SeekingAlpha at 2019-04-19 13:56:21:000

The April 10 FOMC minutes confirmed a rate hike pause and reiterated concerns about a slowdown in U.S. economic growth, a weaker global economy, and U.S.-Chinese trade tension. According to the minutes, A majority of participants expected that the evolution of the economic outlook a… read more...

Metals And Miners: Downside Expectations Before Heading Up

via: SeekingAlpha at 2019-04-19 07:40:28:000

For investors who have been following along with the enormous opportunity for upside in the precious metals mining sector, the adage that comes to mind is hurry up and wait. This sector is notorious for swift directional moves followed by long consolidations. From January thr… read more...

Intensifying Headwinds For Gold

via: SeekingAlpha at 2019-04-19 07:36:59:000

The last few weeks have been trying ones for gold bugs. Although the metal has held up better than expected against a surging U.S. dollar, gold has established a series of lower highs and lower lows since peaking in February. The question on the minds of gold investors now is when the next bot… read more...

Supply And Demand Outlook Favors Palladium Vs. Platinum

via: SeekingAlpha at 2019-04-18 05:35:40:000

The biggest source of demand for platinum ( PPLT ) and palladium ( PALL ) is the automotive industry where emission standards are becoming increasingly stringent. These standards are driving demand for platinum and palladium due to their ability to help reduce harmful emissions. The result has… read more...

Momentum Portfolio: New Picks For This Week

via: SeekingAlpha at 2019-04-17 12:26:11:000

Review of Some of the Last Two Weeks Trades In our latest Updates , we listed four possible picks for trades: First Solar ( FSLR ); two cannabis stocks, Hexo Corp ( OTC:HEXO ) and New Age Beverages Corporation ( NBEV ); and Uxin Inc ( UXIN ). FSLR FSLR was rated as … read more...

Gold's Relative Strength Conundrum

via: SeekingAlpha at 2019-04-17 09:45:55:000

Golds biggest test since its bull market began last October is now underway, with the yellow metal under serious pressure. Not only is an important longer-term trend line on the very edge of being decisively broken, but gold is also facing a critical test of its relative strength compa… read more...

Gold Prices Depend On What The Dollar Does Next

via: SeekingAlpha at 2019-04-17 06:10:51:000

Back in October, I wrote an article anticipating that gold prices would climb higher, specifically to a level of 1350. Lo and behold, price virtually hit that level on the dot earlier this year before reverting to 1276 at the time of writing: Source: investing.com The reasons I made th… read more...

Gold Breaks

via: SeekingAlpha at 2019-04-17 04:31:47:000

After a strong start to the year, gold has been having a tough time since mid-April, and after breaking support at around the $121 level today, the SPDR Gold Trust ETF (GLD) has done more than a roundtrip since the start of the year. With support at this year's lows now broken, the technical p… read more...

The Gold-Silver Ratio Continues To Rise - Precious Metals Supply And Demand

via: SeekingAlpha at 2019-04-17 01:49:40:000

Is Silver Hard of Hearing? The price of gold inched down, but the price of silver footed down (if we may be permitted a little humor that may not make sense to metric system people). For the gold-silver ratio to be this high, it means one of two things. It could be that speculators are avo… read more...

Pattern Replication In The Gold Market

via: SeekingAlpha at 2019-04-16 10:46:58:000

The only constant in the market (any market) is emotion. Specifically, fear; fear of losing and fear of missing out (greed). Repetitive market patterns that are connected in some way to human emotions are the best chance we have of understanding the present and, perhaps, improving our predicti… read more...

Gold hits 2019 lows as risk rally continues

via: SeekingAlpha at 2019-04-16 08:32:05:000

Gold futures slide 1% to $1,277/oz., hitting YTD lows , as rising confidence in the world economy pushes investors away from typical safe-haven assets. More news on: Barrick Gold Corporation, Agnico Eagle Mines Limited, Yamana Gold Inc., Commodities news, News on ETFs, Read more … read more...

Gold: We Remain Bullish Long Term

via: SeekingAlpha at 2019-04-16 06:24:24:000

Followers of our portfolio will know that we aim to keep the portfolio as diversified as possible by being invested in volatility plays, value plays, and swing plays. One swing play which we have been focusing on recently has been the precious metals sector. Why? Because gold, for example, is … read more...

Gold Has Been The Second Best Performing Asset Since 1999

via: SeekingAlpha at 2019-04-15 22:20:52:000

Last week, the world got its first look ever at a black hole, one of those cosmic bodies so supermassive and powerful that not even light can escape its pull. These things literally destroy all matter that comes within their reach, making them the trash compactors of the universe. Some of … read more...

Lacy Hunt Vs. Modern Monetary Theory

via: SeekingAlpha at 2019-04-15 11:56:05:000

We Americans pride ourselves on beating our own records. One of our most recent accomplishments occurred in February of this year when we posted the biggest fiscal deficit in our history as a nation of $234 billion . In one month! If we can sustain that level of spending for the year, we wi… read more...

Gold: Bulls Prepare For The Reversion Back Up To The Mean

via: SeekingAlpha at 2019-04-15 09:34:28:000

Gold Courtesy: TDAmeritrade The price of gold of the June contract closed at $1293.50 on Friday. We are getting some indication that the price as we come into next week is in an area of demand. The B1 level is $1293. The B2 level is $1290. The VC PMI artificial intelligence is recommending… read more...

Gold Faces Challenge As 'Risk On' Returns

via: SeekingAlpha at 2019-04-14 17:07:18:000

Gold is facing its toughest test since its recovery began last October. After having to fight the headwind created by a resurgent U.S. dollar in the last two months, golds safety factor is now being undermined as traders start to embrace risk once again. In todays report, howev… read more...

5 Reasons Why AAAU Should Be In Your Retirement Account

via: SeekingAlpha at 2019-04-14 12:34:59:000

The Perth Mint Physical Gold ETF ( AAAU ) is an ETF that holds gold bullion. Given my bullish take on precious metals at this stage of the economic cycle, I believe it is one of the best ways to invest right now, especially if held in a tax-sheltered account. Read on to learn the five reasons … read more...

Gold Consolidates As Commodities Rise And The Dollar Stalls

via: SeekingAlpha at 2019-04-14 09:32:19:000

Here are the daily charts for the gold, commodities and the dollar ETFs. The gold trust ETF tracks the spot price of gold and is said to be backed by gold bars in vaults in London. SPDR Gold Trust ETF (NYSEARCA: GLD ) Courtesy of Refinitiv XENITH The gold ETF ($121.83 on Ap… read more...

Gold Finds Synergies As Macro Views Diverge

via: SeekingAlpha at 2019-04-14 07:51:44:000

Originally published on April 5, 2019 Gold Market Sees Several Course Reversals in March After six months of gains in which the gold price rose by $175 per ounce to $1,345, March saw some profit-taking. Gold fell to its monthly low of $1,280 on March 7 amid near-term U.S. dollar strength… read more...

Gold And Silver May Be Setting Up For A Big Move

via: SeekingAlpha at 2019-04-13 03:02:41:000

Gold and silver are historically undervalued relative to the stock and bond markets. The junior mining stocks overall are at their most undervalued relative to the price of gold since 2001. Gold's relative performance during the quarter, when the stock market had its best quarterly performance… read more...

Precious Metals Risk The Return Of Complacency - David Brady (12/04/2019)

via: SeekingAlpha at 2019-04-13 02:35:38:000

By David Brady, CFA The title to last week's article began with "Gold stuck in limbo," and although not very sexy, it was spot on! We're still stuck in that limbo, and silver and the miners are trapped there too. But based on yesterday's price action, we may get resolution one way or the o… read more...

Gold-Bull Breakout Potential

via: SeekingAlpha at 2019-04-13 00:05:06:000

Gold has faded from interest in the past couple months, overshadowed by the monster stock-market rally. But gold has been consolidating high, quietly basing before its next challenge to major $1,350 bull-market resistance. A decisive breakout above will really catch investors' attention, great… read more...

Gold Stock Internal Weakness Still A Problem

via: SeekingAlpha at 2019-04-12 09:05:31:000

With the latest U.S. corporate earnings season about to begin, gold will have another opportunity to rally in the month of April. However, the metal must for now contend with a couple of immediate obstacles, including a strong dollar and weak demand for gold mining shares. Well discuss… read more...

Is Now A Good Time To Buy The Vanguard Real Estate ETF?

via: SeekingAlpha at 2019-04-12 06:35:18:000

In the context of generalized stock market weakness and growing concerns about the health of the real estate market, the Vanguard Real Estate ETF ( VNQ ) suffered serious losses in the fourth quarter of 2018. But the recovery has been equally impressive in the past several months, and the ET… read more...

U.S. Weekly FundFlows Insight Report: Long-Term Funds Take In A Net $10.1 Billion For The Week

via: SeekingAlpha at 2019-04-12 01:40:26:000

For the third consecutive week, investors were overall net purchasers of fund assets (including those of conventional funds and ETFs), injecting $1.4 billion for Lipper's fund-flows week ended April 10, 2019. Fund investors were net purchasers of taxable fixed income funds (+$4.8 billion), equ… read more...

Preparing For Gold As Currencies Crumble

via: SeekingAlpha at 2019-04-11 23:55:45:000

Alasdair Macleod and Michael Oliver return as guests this week on the radio program. The global economic outlook is deteriorating. Government borrowing in the deficit countries will therefore escalate. US Treasury TIC data confirms foreigners have already begun to liquidate dollar assets… read more...

Sprott Physical Silver Trust: The Best Silver Bullion Fund On The Market

via: SeekingAlpha at 2019-04-11 17:27:23:000

Over the past few weeks, I have discussed a number of things that could prove to be quite positive for gold ( GLD ) going forward. I have largely failed to relate any of those to silver ( SLV ), even though both precious metals are generally considered to be a store of wealth and have traditio… read more...

Role Reversal For Platinum

via: SeekingAlpha at 2019-04-11 02:30:00:000

Platinum has been a dog with fleas compared to the price action in gold, palladium, and even rhodium over recent weeks, months, and even years. Platinum is a rare precious metal and the lion's share of production each year comes from only two countries; South Africa and Russia. In South Africa… read more...

Signs Of Life In Gold

via: SeekingAlpha at 2019-04-11 02:00:00:000

In mid-February, the price of nearby COMEX gold futures moved to a high at $1344 per ounce, and they looked like it was only a matter of time before they would rise past the 2018 and 2016 highs. Gold always looks its best on the highs and worst on its lows. The shine on gold dulled in the week… read more...

Gold: Turning Bullish?

via: SeekingAlpha at 2019-04-10 11:14:37:000

I wanted to alert you to the forecast of our Variable Changing Price Momentum Indicator (VC PMI). The gold market has made a shift from bearish to bullish. April 1 Report As we look at the monthly gold report that we published in Seeking Alpha's Marketplace on April 1, 2019, we had the m… read more...

How Much Does Supply And Demand Influence Gold?

via: SeekingAlpha at 2019-04-10 02:13:46:000

By Scott Bauer At a Glance With more than 3,000 metric tons mined in 2018, gold prices are still moved by supply. How much depends on several other factors. Gold is an enigma. Certainly, gold has practical applications. It conducts electricity, does not tarnish, can be drawn into wir… read more...

China Demand Paves Way For Gold Breakout

via: SeekingAlpha at 2019-04-09 06:57:10:000

Increased gold demand from China is making an upside breakout in the gold price later this spring a very real possibility. Thats the conclusion from the revelation this week that Chinas central bank has added to its gold reserves. The news sent many short sellers of the metal s… read more...

Debt Growth And Capital Consumption - Precious Metals Supply And Demand

via: SeekingAlpha at 2019-04-09 03:06:40:000

A Worrisome Trend If you read gold analysis much, you will come across two ideas. One, inflation so-called (rising consumer prices) is not only running much higher than the official statistic, but is about to really start skyrocketing. Two, buy gold because gold will hedge it. That is, t… read more...

Gold Holdings In Gold-Backed ETFs Up In March

via: SeekingAlpha at 2019-04-08 23:25:07:000

By SchiffGold Total gold holdings in ETFs grew marginally in March, resuming an upward trend that started last fall. Total holdings of the yellow metal globally rose 3 tons, with increases seen in every region, according to the most recent data released by the World Gold Council . ETF… read more...

Trade The Ranges For The Gold, Commodities And Long-Dollar ETFs

via: SeekingAlpha at 2019-04-08 11:27:56:000

Here are the daily charts for the gold, commodities and the dollar ETFs. The Gold Trust ETF tracks the spot price of gold and is said to be backed by gold bars in vaults in London. SPDR Gold Trust (NYSEARCA: GLD ) Courtesy of Refinitiv XENITH The Gold ETF ($121.98 on April … read more...

Sprott Physical Gold Trust: The Best Gold Bullion Fund To Put Into Your Portfolio

via: SeekingAlpha at 2019-04-08 09:02:50:000

Gold is one of those investments that occasionally causes some controversy. For example, Warren Buffett has characterized it as a "barbarous relic," while others like Peter Schiff have recommended having 5-10% of your portfolio invested in the yellow metal. Personally, I do think that a good a… read more...

5 Factors Support Gold's Big-Picture Outlook

via: SeekingAlpha at 2019-04-07 21:22:52:000

How much longer will the price of gold remain stuck in a narrow trading band below its Feb. 20 high of $1,354? Thats the question that participants are increasingly asking as frustration mounts over the metals languid performance. While the jury is still out over the timing of … read more...

GSPros Broadcast - Eberhardt On Gold, Silver, And Illusions Of Wealth

via: SeekingAlpha at 2019-04-07 20:56:51:000

I met with Doug Eberhardt, owner of Illusions of Wealth and Buy Gold and Silver Safely, to discuss his thoughts on the following topics: Why the national debt math does not add up. Consumer spending trends (are they up or down, and what does that mean). How the recent Fed announcemen… read more...

This Week In Money - April 6, 2019

via: SeekingAlpha at 2019-04-06 22:03:43:000

Ross Clark - Stock markets, crude oil, palladium, bitcoin. Kevin Smith - Gold, silver, China, real estate, banks. Lobo Tiggre - Uranium, gold, junior miners. Larry Reaugh , - President & CEO of American Manganese Inc. Jim Pettit , - President & CEO… read more...

Dollar Rises On Strong U.S. Jobs Data

via: SeekingAlpha at 2019-04-06 03:28:42:000

The U.S. dollar is higher across the board against major pairs on Friday. The greenback got a boost from the March U.S. non-farm payrolls ((NFP)) report that showed the economy added 196,000 jobs and an upward revision to the February numbers. The wage component did not do as well with a lower… read more...

Semiconductor Stocks At New Highs: Can It Continue?

via: SeekingAlpha at 2019-04-05 12:04:40:000

Semiconductors stocks are on fire. The VanEck Vectors Semiconductor ETF ( SMH ) is up by almost 28% year to date and trading near historical highs as of the time of this writing. In this context, it makes sense for investors to wonder if it's still a good time to buy the semiconductor ETF or… read more...

Gold Volatility On The Rise

via: SeekingAlpha at 2019-04-05 05:54:02:000

While gold's intermediate-term (3-9 month) recovery is still intact, its near-term trend is coming under serious pressure. As we'll discuss in today's report, the latest spike in the volatility for gold-backed funds has resulted in a temporary exit signal for gold ETF traders. We'll discuss th… read more...

Looking For A 50-Basis-Point Rate Cut - Will It Happen?

via: SeekingAlpha at 2019-04-05 02:00:00:000

In December 2015, the US February reserve increased the short-term Fed Funds rate in what was liftoff from a zero percent interest rate environment. In the months leading up to the move, the Fed had tapered their program of quantitative easing which provided stimulus to the economy in the afte… read more...

With QT Ending, What Now For Gold?

via: SeekingAlpha at 2019-04-04 06:43:56:000

John Rubino and Michael Oliver return for this weeks episode of the radio program. Powell's pivot from QT gave Wall Street crybabies the candy they screamed for as equities peered over the abyss in late 2018 into the next stock market crash. China added massive stimulus as well. So… read more...

Is Gold A Ranging Buy At Under $1,300?

via: SeekingAlpha at 2019-04-04 02:00:00:000

Gold traded to a low at just over $1160 per ounce in mid-August when the dollar index rose to a new high and after the US Fed added another 25 basis point rate hike to its agenda for 2018. At the low, the yellow metal traded to its lowest price since early 2017. Gold made a significant botto… read more...

ICYMI - 3 Key Takeaways: Unmistakable Signs Of U.S. Slowdown

via: SeekingAlpha at 2019-04-03 20:29:13:000

Below are key takeaways transcribed from CEO Keith McCullough and Senior Macro analyst Darius Dales in-depth discussion during our 4-day Hedgeye Investing Summit . As you may already know, weve been warning about worrisome U.S. economic trends. These trends have important … read more...

Gold's Fight For Short-Term Survival

via: SeekingAlpha at 2019-04-03 16:07:19:000

After enjoying top status as the premier safe-haven asset of choice for much of the last six months, gold finds itself at an important juncture. While its intermediate-term (3-9 month) rising trend is still secure, its also fighting to stay above a price level that many analysts and in… read more...

Gold Down And The U.S. Dollar Up

via: SeekingAlpha at 2019-04-03 06:04:26:000

For many years, I've watched the metals and miners sector frustrate investors and analysts alike by offering signs of the elusive break to the upside only to repeatedly fail. Even recently, I received a flurry of emails from those suffering from the "fear of missing out" syndrome, which was lo… read more...

How Does Gold Really Work?

via: SeekingAlpha at 2019-04-03 00:59:35:000

Gold (GLD) is seen by the investment community or even by society's common sense as a great hedge for uncertain times. However, the reason why this happens is not entirely understood. People tend to see gold as a safe-haven, something that never loses its value. However, that has not been the… read more...

Silver For Pennies-On-The-Dollar

via: SeekingAlpha at 2019-04-02 22:42:32:000

Silver can be frustrating for holders of the physical metal. Stuck in a sideways pattern since 2014, silver has been oscillating between support at roughly $14.00 per ounce and resistance at $21.00 per ounce. This turns holding silver into dead money at best. Investors owning a substantial am… read more...

Precious Metals: Buying Opportunity Coming

via: SeekingAlpha at 2019-04-02 08:05:44:000

We went long a few value plays lately which we feel will pay handsome dividends over the long term. The great thing about value plays is that they can have a mind of their own in that they do not necessarily follow the stock market. Remember, the stock market is essentially a market of stocks;… read more...

Silver: What A Mess

via: SeekingAlpha at 2019-04-02 02:38:06:000

While gold has enjoyed a nice run since the fall of 2018, silver has struggled to make any headway. Normally, what's good for gold is good for silver, as these two precious metals typically rise and fall in tandem. Silver, though, is like gold on steroids. When a bull market in precious meta… read more...

3 Reasons To Buy SPDR S&P 500

via: SeekingAlpha at 2019-04-01 16:39:06:000

When making investment decisions, relying on cold, hard data and quantified statistics is a much sounder approach than buying and selling based on opinions and speculations about the future. The following paragraphs will be taking a look at the SPDR S&P 500 Trust ETF ( SPY ) through 3 di… read more...

Leveraged ETF Decays - Update

via: SeekingAlpha at 2019-04-01 14:22:13:000

I measure once a month the decay of major leveraged ETFs. It may be useful for anyone using leveraged ETFs for investing, trading, or hedging. Where does the decay come from? Most of the time, a leveraged ETF does worse than the underlying asset leveraged by the same factor. This relativ… read more...

How To Beat The Market In The Late Stages Of The Cycle

via: SeekingAlpha at 2019-04-01 08:14:35:000

Is it possible to achieve a 20%+ total annual return in the late stages of a market cycle? Yes, it is - with sector rotation. All it takes is gradually taking profits on the more cyclical names in one's portfolio when they're running hot and shifting into high quality defensive names when th… read more...

Precious Metals And Cryptocurrencies - Q1 2019 Review And The Outlook For Q2 2019

via: SeekingAlpha at 2019-04-01 05:01:39:000

The precious metals sector of the commodities market posted a gain in the first quarter of 2019 with three of the four traded metals moving to the upside. The composite of the four precious metals that trade on the COMEX and NYMEX divisions of the CME dropped by 8.10% in 2014. The sector fel… read more...

Quarter-End: Reasons To Own Gold Look Great - Weekly Wrap-Up (March 29, 2019)

via: SeekingAlpha at 2019-04-01 02:04:12:000

By Craig Hemke It's the end of the quarter for financial institutions today, but what effect will that have on precious metals? Eric Sprott breaks down all the week's gold and silver news in a wide-ranging discussion you won't want to miss. On this edition of the Wrap-Up, you'll hear: … read more...

Trump's Right, The Fed Should Cut, But 'Goldilocks' Is Likely Anyway

via: SeekingAlpha at 2019-03-31 18:14:43:000

Background The global economy has slowed, and with it so has the US economy. The New York Fed is estimating below-trend annualized growth for both Q1 and Q2, at an average of only 1.5% real GDP growth. Germany and Italy are close to recession. Canada's growth has been disappointing. The … read more...

3 Gold Mining Names To Make Your Portfolio Shine In A Recession

via: SeekingAlpha at 2019-03-31 11:05:23:000

Source: CNBC.com Inverted rates, a clear slowdown in corporate earnings, decade-low unemployment numbers, and numerous other signals are gradually starting to suggest that a recession is near. On the other hand, gold and gold miner prices have been relatively subdued in recent years, and h… read more...

Spending Us Into Oblivion Is A Bipartisan Sport: SchiffGold Friday Gold Wrap 03.29.19

via: SeekingAlpha at 2019-03-31 06:34:22:000

By SchiffGold The federal government set an all-time record budget deficit in February. And this is with a Republican in the White House. The GOP is supposed to be the fiscally responsible party. In this episode of the Friday Gold Wrap, host Mike Maharrey offers some interesting analysis t… read more...

This Week In Money - March 30, 2019

via: SeekingAlpha at 2019-03-31 05:06:42:000

Ross Clark Stocks and bonds. Gerald Celente Gold, silver, US and China, 5G, and EVs. Ed Steer Gold, silver, Gold Anti-Trust Action Committee. Larry Reaugh , President & CEO of American Manganese Inc. Produced by HoweStreet…. read more...

How To Be A Profitable Gold Bull Right Now

via: SeekingAlpha at 2019-03-29 20:58:36:000

In my last article on the metal, I explained that 50% of the movement in gold is explained by fluctuations in the dollar . It is no surprise to me that the down-gap in gold's chart coincided with an up-gap in the dollar's chart. Many are wondering whether this is a dip-buying opportunity. … read more...

Dollar Still Gold's Biggest Obstacle

via: SeekingAlpha at 2019-03-29 13:12:02:000

The pattern that has repeated without fail in the last two months is for golds rally attempts to be cut short by a surging U.S. dollar. This pattern is becoming consistent enough to frustrate the hopes of the gold bulls. However, as Ill argue in todays report, the gold … read more...

Gold: Fundamentally Overvalued

via: SeekingAlpha at 2019-03-29 08:53:47:000

Investment Thesis The analysis of the gold market prospects amid the actual driver indicates the risk of a correction in gold prices and, consequently, the SPDR Gold Trust ETF ( GLD ), which is tied to gold. I will begin my analysis with reviewing the degree of activity of the key gold… read more...

S&P Is Key To Coming Gold Rally - David Brady (28/03/2019)

via: SeekingAlpha at 2019-03-29 00:18:16:000

By David Brady, CFA Prior to the FOMC meeting last week, I forecast that the Fed would be dovish on both interest rates and the balance sheet reduction program, but this would mean that all of the dovish "speak" since their verbal 180 in January that contributed to the rally in stocks is n… read more...

Basel III And Gold: Rocket Fuel Added For Gold's Next Takeoff

via: SeekingAlpha at 2019-03-28 10:32:05:000

Andrew Maguire and Michael Oliver return as guests on this week's program. FOX Business, Bloomberg & CNBC haven't mentioned a huge change in the accounting of gold for banks by the end of this month but it's a very big deal! Gold will become a Tier 1 asset valued at 100% for banks. Tha… read more...

What Will Break Gold's Currency Deadlock?

via: SeekingAlpha at 2019-03-28 08:54:16:000

Gold is once again finding itself in a tug-of-war among safety-conscious investors who favor the strong U.S. currency over the yellow metal. While many investors are flocking to the perceived safety of the dollar, gold is still attracting a fair share of the safe-haven crowd. The question is w… read more...

Gold is setting up for a major rally years in the making, charts suggest

via: CNBC at 2019-03-28 06:53:21:000

No summary available. read more...

Gold Looks Set To Challenge Critical Technical Levels On The Upside - FNV Could Continue To Outperform On The Upside

via: SeekingAlpha at 2019-03-28 02:30:00:000

Gold has been shining in 2019, and there are signs that the precious metal will continue its lustrous price activity over the coming weeks and months. Both fundamental and technical factors are supportive of futures gains in the yellow metal which was trading at the $1316 per ounce level on th… read more...

A Golden Macro Opportunity

via: SeekingAlpha at 2019-03-27 23:53:39:000

Monday, I talked about the massive vol compression I'm seeing across a number of major macro instruments - most notably FX dollar pairs and gold - along with how these compression regimes set the stage for expansionary ones (i.e., Giant Macro Trends). Here's the chart of gold again which sho… read more...

Technology And Innovation In Gold Mining

via: SeekingAlpha at 2019-03-27 11:24:35:000

Technology and Innovation in Gold Mining IMARU CASANOVA: Technology innovation has become a lot more of a central topic, I feel, for the gold sector in recent times. I think gold mining companies, especially the large companies, have always been involved in technological innovation. B… read more...

Gold Mining Stocks Are Surging On Global Economic Fears

via: SeekingAlpha at 2019-03-27 01:24:49:000

Bond yields are crashing in major markets all around the world as fears of a global economic slowdown have prompted investors to seek shelter in low-risk government debt. Both Germany and Japans 10-year bond yields are back below zero, marking the first time weve seen German yi… read more...

Crash Protection For American Superconductor

via: SeekingAlpha at 2019-03-26 16:58:13:000

Windmills using American Superconductors' Windtec technology (photo via American Superconductor ). American Superconductor: Heading To $7? That was the conclusion Seeking Alpha contributor White Diamond Research came to in his recent article on American Superconductor ( AMSC ), after … read more...

The Bullish Message Of The Gold Stocks

via: SeekingAlpha at 2019-03-26 12:58:41:000

The strongest gold bull markets have historically been characterized by three major factors. The first is a weak dollar, which serves to strengthen gold's currency component. The second is safety-related demand born of widespread fears among investors. A third factor is perhaps less widely kno… read more...

Why Central Bank Gold Demand Is Reaching New Highs

via: SeekingAlpha at 2019-03-26 06:41:51:000

By Andrew Capon At A Glance A reticence to increase U.S. dollar exposure in 2018 resulted in highest central bank gold demand since the end of Bretton Woods. There was a point in the early-1990s when lunchtime London wine tipplers above a certain pay-grade would boast of being in the… read more...

The Market Has Peaked For Now; A Template For A Huge Crude Oil Price Recovery In 2020

via: SeekingAlpha at 2019-03-26 05:53:13:000

(Originally published on March 21, 2019 at the Predictive Analytic Models' Seeking Alpha portal). Its been two days since we saw the broad indices peaked on March 19, which was precisely the day for the top as suggested by the PAM's liquidity models, the major inflection point for falling… read more...

The Fundamental Backdrop Remains Slightly Bullish For Gold

via: SeekingAlpha at 2019-03-26 02:37:17:000

Editor's note: Originally published at tsi-blog.com on March 26, 2019. I haven't discussed gold's true fundamentals* at the TSI Blog since early December of last year, at which time I concluded : "All things considered, for the first time in many months the true fundamentals appear to b… read more...

One Day The Volcano Will Erupt - Precious Metals Supply And Demand

via: SeekingAlpha at 2019-03-26 02:35:07:000

Keynesian Rot The prices of the monetary metals rose $11 and 27 last week. The supply and demand fundamentals are the shortest section of this Report. The eruption of Mt. St. Helens in 1980 - prior to the cataclysmic event, numerous small earthquakes and steam venting from fissures w… read more...

National Financial Outlook Very Positive For Gold

via: SeekingAlpha at 2019-03-25 16:26:27:000

I have found myself thinking increasingly often about investing in gold ( GLD ) over the past week or two, which comes about largely in response to a few factors. The most significant of these revolves around the financial prospects for both the Federal and the various state and local governme… read more...

Fed Dovishness Drives Down Rates, Except The Most Important One

via: SeekingAlpha at 2019-03-25 10:06:15:000

It's either perfect timing or the irony of all ironies in the monetary world. The Federal Reserve was replete Tuesday, March 20th with dovish announcements on interest rates, but apparently, it wasn't nearly dovish enough. Despite a Fed reassurance that there would be no rate hikes this year, … read more...

Why A Strong Dollar Isn't Hurting Gold

via: SeekingAlpha at 2019-03-25 08:43:22:000

Just when it looks like gold is ready to break out to a new high, the U.S. dollar has roared back from the precipice. Indeed, the dollar's stubborn strength has been the main reason for gold's inability to further extend its gains since bottoming last summer. Yet there are some encouraging sig… read more...

The Dollar: Stuck In Neutral, Which Could Unglue Gold

via: SeekingAlpha at 2019-03-25 05:06:54:000

The US dollar has been remarkably stable since making a high at 97.705 on the dollar index in mid-February. Since the week of December 10, the dollar index traded in a range from 94.635 to 97.665 and was at 96.115 on March 22 on the now active month June futures contract. There are many reas… read more...

The Gold, Commodities And Long-Dollar ETFs Remain Range-Bound

via: SeekingAlpha at 2019-03-24 23:19:03:000

Here are the daily charts for the gold, commodities and the dollar ETFs. The gold trust ETF tracks the spot price of gold and are said to be backed by gold bars in vaults in London. SPDR Gold Trust (NYSEARCA: GLD ) Courtesy of Refinitiv XENITH The Gold ETF ($123.97 on Mar… read more...

GLD: In Case Gold Melts Down

via: SeekingAlpha at 2019-03-24 06:46:39:000

Molten gold being poured into bullion molds (Photo credited to Reuters/Osman Orsal via Business Insider ). Moore Good News For Gold Longs Gold bulls, including those long the yellow metal via the SPDR Gold Trust ETF ( GLD ), got a bit of good news last week, as President Trump announce… read more...

It's Official; U.S. Silver Production The Lowest In More Than 70 Years

via: SeekingAlpha at 2019-03-23 03:27:33:000

By Steve St. Angelo With the latest release by the USGS, silver production in the U.S. is now the lowest in more than 70 years. We have to go all the way back until the year after World War II ended to see U.S. silver production less than it was in 2018. While many reasons can be attribute… read more...

Federal Reserve Cries Uncle As Rates Fall, Commodities Strengthen

via: SeekingAlpha at 2019-03-23 01:41:10:000

David Smith: Risk/Reward in Silver Favors Buying Now, Not Waiting for Big Moves Welcome to this week's Market Wrap Podcast, I'm Mike Gleason. Coming up David Smith, Senior Analyst at The Morgan Report and MoneyMetals.com columnist joins me and reviews the key reasons why we ought … read more...

The Good, The Bad, And The Ugly Of Stock Buybacks

via: SeekingAlpha at 2019-03-22 12:52:42:000

What is the difference between a good corporate share buyback and a bad one? Is there such a thing as a good share buyback? From a finance perspective, yes, there is such a thing as a good share buyback as a tool in the financial management tool belt. The Good Consider the case of a pr… read more...

Yield Curve Scare Will Benefit Gold

via: SeekingAlpha at 2019-03-22 10:54:14:000

While the gold bulls are fighting off a spirited attempt by sellers at breaking the metals 6-month rising trend, the yellow metal is being supported by increasing economic fears. The latest such fear to show up in the news headlines involves the near-inversion of a widely watched U.S. … read more...

Why Gold Is Not Investing In Commodities (Aired On 3/17/19)

via: SeekingAlpha at 2019-03-22 07:05:43:000

In this episode (aired on 3/17/19), host Ron DeLegge talks with John Love, CEO at USCF Investments about how to incorporate commodities into your investment portfolio. Ron also explains how to avoid a fundamental mistake that many investors make when it comes to investing in gold. Also o… read more...

Gold: Don't Lose Sight Of The Big Picture

via: SeekingAlpha at 2019-03-22 07:00:38:000

While many are focused on the day-to-day fluctuations to prognosticate the twists and turns in the gold ( GLD ) price, I've always found it easiest to zoom out and look at the big picture. When gold is above its key weekly and monthly moving averages, the benefit of the doubt goes to the bulls… read more...

UUP: Markets Controlled By King Dollar?

via: SeekingAlpha at 2019-03-22 03:27:24:000

Since June 2014, the Invesco DB US Dollar Bullish ETF ( UUP ) has developed strong and sustained trends in the bullish direction. After rising to recent highs at 26.07, the ETF displayed gains of roughly 23.32% in just under five years. However, as the Federal Reserve continues to pull back f… read more...

Peter Schiff: The Fed Is Not Getting It Right; It's Proving How Much It Got Wrong

via: SeekingAlpha at 2019-03-22 03:10:40:000

By SchiffGold There's that word again - patient. Jerome Powell once again emphasized patience during the most recent FOMC meeting. The Federal Reserve left interest rates unchanged and took any hikes for 2019 off the table. It went a step further and projected just one rate hike in 2020…. read more...

Bear Market Rally Or Sustained Bull Market?

via: SeekingAlpha at 2019-03-22 03:00:00:000

Global stock markets delivered dreadful losses in the fourth quarter of 2018, with many of the most relevant market indexes falling by 20-30% in a short period of time. But things turned around abruptly in 2019, with stocks all over the world producing massive gains and recovering a considerab… read more...

Gold - Preparing For The Next Move

via: SeekingAlpha at 2019-03-22 01:44:22:000

Note: This article is not and must not be construed as investment advice. It is analysis based purely on economic theory and empirical evidence. The global economic outlook is deteriorating. Government borrowing in the deficit countries will therefore escalate. US Treasury TIC data confir… read more...

The Fed Is Still A Threat To The Markets

via: SeekingAlpha at 2019-03-21 07:39:06:000

Background Beginning last July, I began tilting a bit toward bonds over stocks, though I liked them both. On July 16 I wrote How Bonds May Be Setting Up Bullishly (Here Comes Goldilocks?) . I suggested that the aggressive Fed tightening could bring the 10-year Treasury bond down to 2.4% fro… read more...

Italy Could Spark The Next Global Debt Crisis

via: SeekingAlpha at 2019-03-21 06:30:48:000

SBTV speaks with Gregor Gregersen, Founder of Silver Bullion and The Safe House , about the economic future of Europe and the coming bail-ins for bank depositors in the next economic reset. Gregor also shares why silver is his asset of choice right now. Discussed in this interview: … read more...

Robert Moriarty Discusses Junior Gold Miners And Michael Oliver: Gold Bull Market May Soon Begin

via: SeekingAlpha at 2019-03-21 03:32:51:000

Michael Oliver and Bob Moriarty return . Bob Moriarty returns to discuss another one of his favorite gold mine exploration companies and to talk about his new book titled, "Basic Investing in Resource Stocks - the Idiot's Guide." Michael Oliver holds the hands of nervous Nellie gold bugs … read more...

3 Reasons To Buy Emerging Markets Stocks Now

via: SeekingAlpha at 2019-03-20 20:53:42:000

When making investment decisions, it makes sense to watch the big trends and try to bet when and where the probabilities are on your side. Flexible liquidity conditions, attractive valuations with improving economic growth, and vigorous price momentum are three strong tailwinds for emerging ma… read more...

Stocks bounce, yields dip after FOMC

via: SeekingAlpha at 2019-03-20 10:11:04:000

The FOMC surprised no one by holding policy steady. The economic projections were maybe a bit more dovish than expected, with the PhDs at the central bank now seeing only one more rate hike this cycle. More news on: SPDR S&P 500 Trust ETF, iShares 20+ Year Treasury Bond ETF, ProShare… read more...

U.S. Dollar To Rain On Gold's Parade

via: SeekingAlpha at 2019-03-20 08:42:57:000

Think Of Currencies As Commodities Assuming nothing else changes, increasing the supply of any commodity, in this case, the U.S. dollar should result in its price falling. In the domestic market, this should result in lower short-term interest rates while in the international market, its … read more...

Platinum - Will An ETF Product Make A Change?

via: SeekingAlpha at 2019-03-20 02:00:00:000

Platinum has turned in the weakest performance of all of the precious metals that trade on the NYMEX and COMEX divisions of the CME and even some that trade on only the physical markets like rhodium. Platinum has the highest resistance to heat which provides the metal with a myriad of indust… read more...

Beware Mean Reversion: The Market Is Poised To Fall

via: SeekingAlpha at 2019-03-19 14:13:33:000

Editor's note: Seeking Alpha is proud to welcome Ram Adapa as a new contributor. It's easy to become a Seeking Alpha contributor and earn money for your best investment ideas. Active contributors also get free access to the SA PRO archive. Click here to find out more I recommend a l… read more...

Week Ahead: Fed And Brexit Developments

via: SeekingAlpha at 2019-03-19 08:41:42:000

Market Forecast: This week could be positive for stocks if the Fed reduces its forecast for rate hikes and delivers on expectations. However, higher U.S. rates than elsewhere among major economies will draw capital from foreign markets and ultimately put upward pressure on the dollar. Delay … read more...

APs Embrace Equity ETFs In February, While Fund Investors Turn Risk-Averse

via: SeekingAlpha at 2019-03-19 06:17:24:000

Photo Source: REUTERS/Leah Millis. U.S. President Donald Trump looks towards North Korean leader Kim Jong Un during the one-on-one bilateral meeting at the second North Korea-U.S. summit in Hanoi, Vietnam February 28, 2019. For the second month in a row, investors were net purchasers of mu… read more...

Investors Hedge Gold Bets As Uncertainty Prevails

via: SeekingAlpha at 2019-03-18 15:04:53:000

As global economic fears continue to proliferate, gold is still benefiting from flight-to-safety inflows which have kept prices buoyant. Yet after the gold price peaked last month, its also clear that gold has lost some of its former momentum. This is the result of participants hedging… read more...

Everyone Owns The Same Stocks

via: SeekingAlpha at 2019-03-18 07:37:59:000

A 60:40 allocation to passive long-only equities and bonds has been a great proposition for the last 35 years We are profoundly worried that this could be a risky allocation over the next 10." - Sanford C. Bernstein & Company Analysts (January 2017) Bull markets are born … read more...

Should You Put Money To Work In The U.S. Market Right Now?

via: SeekingAlpha at 2019-03-18 06:56:38:000

It's Party Time! The party is running at full swing. YTD returns: Oil: United States Oil ( USO ) +26% Nasdaq 100: Invesco QQQ Trust ( QQQ ) +16% Small Caps: iShares Russell 2000 ETF ( IWM ) +16% MLPs: Alerian MLP ETF ( AMLP ) +16% REITs: Vanguard Real Estate ETF ( VNQ ) +15% … read more...

The Gold And Long-Dollar ETFs In Trading Ranges, While Commodities Poised To Pop

via: SeekingAlpha at 2019-03-18 02:25:38:000

Here are the daily charts for the gold, commodities and the dollar ETFs. The gold trust ETF tracks the spot price of gold and is said to be backed by gold bars in vaults in London. SPDR Gold Trust ETF (NYSEARCA: GLD ) Courtesy of MetaStock Xenith The gold ETF ($122.97 on Marc… read more...

Gold And Silver Are Feeling Frisky

via: SeekingAlpha at 2019-03-17 23:17:05:000

I sourced the chart below from a blog called The Macro Tourist . I added the title and the two yellow trend lines. The chart shows the daily price of gold since the inception of the bull market in 2000-2001. Last Friday (March 8th), gold popped $12 +/- (depending on the time from which you me… read more...

Dollar Falls As Soft Data And Trade Hope And Brexit Guide Markets

via: SeekingAlpha at 2019-03-17 06:18:37:000

The US dollar is lower against most major pairs on Friday. The greenback was higher on Thursday as investors sought refuge after the Brexit drama and the apparent delay in the US-China negotiation. President Trump later said that news is upcoming in the next 3-4 weeks, once again boosting opti… read more...

The Problems Are Right Here In The Good Ol' U.S. Of A.: SchiffGold Friday Gold Wrap 03.15.19

via: SeekingAlpha at 2019-03-17 04:27:11:000

By SchiffGold Federal Reserve Chairman Jerome Powell appeared on 60 Minutes last Sunday to reassure us that the US economy is great. There's nothing to worry about. So, why the sudden reversal in Fed monetary policy? According to Powell, the central bank is just worried about slowing glo… read more...

Bullion Banks Appear Ready To Slam Gold Imminently - David Brady (14/03/2019)

via: SeekingAlpha at 2019-03-15 14:58:10:000

By David Brady The big picture remains the same: When the Fed reverts to QE and the dollar tanks, gold and everything else will soar. I believe a return to QE is inevitable at this point. If the stock market dump in the 4th quarter has taught us anything, it is that the markets cannot su… read more...

Bullion Banks Appear Ready To Slam Gold Imminently - David Brady (14/03/2019)

via: SeekingAlpha at 2019-03-15 14:58:10:000

By David Brady The big picture remains the same: When the Fed reverts to QE and the dollar tanks, gold and everything else will soar. I believe a return to QE is inevitable at this point. If the stock market dump in the 4th quarter has taught us anything, it is that the markets cannot su… read more...

Gold Weekly: Sit Tight

via: SeekingAlpha at 2019-03-15 14:17:27:000

Sit tight , Cristian Marin (Saatchi Art) Introduction Welcome to my Gold Weekly. In this report, I wish to discuss mainly my views about the gold market through the World Gold Shares SPDR Gold Minishares Trust ETF ( GLDM ). GLDM is directly impacted by the vagaries of gold spot prices… read more...

Gold Weekly: Sit Tight

via: SeekingAlpha at 2019-03-15 14:17:27:000

Sit tight , Cristian Marin (Saatchi Art) Introduction Welcome to my Gold Weekly. In this report, I wish to discuss mainly my views about the gold market through the World Gold Shares SPDR Gold Minishares Trust ETF ( GLDM ). GLDM is directly impacted by the vagaries of gold spot prices… read more...

Gold Gets Boost From Euro Strength

via: SeekingAlpha at 2019-03-15 05:28:25:000

After yet another setback for Britains exit from the European Union, the euro currency has staged a rally in recent days. This has been extremely beneficial for the gold price, as well see here. In todays report, well discuss the positive aspects that a delayed … read more...

Gold Gets Boost From Euro Strength

via: SeekingAlpha at 2019-03-15 05:28:25:000

After yet another setback for Britains exit from the European Union, the euro currency has staged a rally in recent days. This has been extremely beneficial for the gold price, as well see here. In todays report, well discuss the positive aspects that a delayed … read more...

Think The Trade War Is Influencing Gold? Think Again

via: SeekingAlpha at 2019-03-15 04:57:54:000

By Scott Bauer At a Glance Four factors are moving the precious metal far more than China/U.S. tensions. After a rise of just about $100 since October, or almost 8 percent, the price of gold has flattened and weakened over the last few weeks. As trade talks between the U.S. and… read more...

Think The Trade War Is Influencing Gold? Think Again

via: SeekingAlpha at 2019-03-15 04:57:54:000

By Scott Bauer At a Glance Four factors are moving the precious metal far more than China/U.S. tensions. After a rise of just about $100 since October, or almost 8 percent, the price of gold has flattened and weakened over the last few weeks. As trade talks between the U.S. and… read more...

What The 1920s Tell Us About Unintended Consequences

via: SeekingAlpha at 2019-03-15 03:15:00:000

Everyone learns Newton's Third Law in high school physics: " For every action, there is an equal and opposite reaction ." It's an elegantly simple statute of the universe, and we see it play out in life all the time, whether we realize it or not. When it comes to fiscal and monetary policy, … read more...

What The 1920s Tell Us About Unintended Consequences

via: SeekingAlpha at 2019-03-15 03:15:00:000

Everyone learns Newton's Third Law in high school physics: " For every action, there is an equal and opposite reaction ." It's an elegantly simple statute of the universe, and we see it play out in life all the time, whether we realize it or not. When it comes to fiscal and monetary policy, … read more...

The Differences Between The 1920s And The 2010s

via: SeekingAlpha at 2019-03-14 14:31:03:000

As I observed in my previous article discussing seven ways in which our current decade resembles the 1920s, history may rhyme, but it does not repeat. For all the relevant similarities, there are also relevant differences - indeed, more differences than similarities. Perhaps the most obv… read more...

Brexit Drama Is Supporting Gold

via: SeekingAlpha at 2019-03-14 06:40:52:000

Gold is consolidating its gains from its November-February rally and remains in a well-defined holding pattern. Pundits remain divided as to whether this holding pattern represents a pause in an ongoing bull market or a topping process. As Ill argue in todays comments, however,… read more...

My Thoughts On The Cycle And Asset Allocation

via: SeekingAlpha at 2019-03-14 05:30:49:000

I always talk about or concern myself with what stocks will provide the best risk-adjusted returns over a 5-year or longer period, often seeking a double-digit annualized return. Nonetheless, asset allocation is equally important. Most investment advisers will tell you that 80/20 (equity and… read more...

Platinum - A Compelling Dog

via: SeekingAlpha at 2019-03-14 02:00:00:000

The prerequisite for a long position in the platinum market over recent weeks and months has been a thick skin, nerves of steel, and an understanding of the fundamentals of the rare precious metal. The vast majority of platinum output each year comes from only two countries in the world; South… read more...

Will America Face An Economic Recession In 2019?

via: SeekingAlpha at 2019-03-13 23:21:23:000

Danielle DiMartino Booth , Michael Oliver and Robert Moriarty return as guests this week on the radio program. Danielle who always provides insightful commentary regarding the Federal Reserve and its monetary policy, especially during times when the Fed decisions and announcements are m… read more...

The Bullish Cash For International Stocks

via: SeekingAlpha at 2019-03-13 11:48:12:000

Selecting the best stocks in a particular asset class is very important, no doubt about that. However, it's easy to miss the forest for the trees when making investment decisions, and selecting the right asset classes at the right time can be even more crucial. When a particular sector of th… read more...

Barrick And Newmont Reached An Interesting Deal

via: SeekingAlpha at 2019-03-13 02:10:34:000

In hindsight, it seems like Mark Bristow used the opening provided by the Newmont ([[NEM]])-Goldcorp ([[GG]]) merger to force a Barrick ([[GOLD]])-controlled joint venture. The last couple of months have been heated in the gold industry ([[GLD]]), with the Barrick-Rangold merger taking the spo… read more...

Gold Sits Near The Recent Low - Is Franco-Nevada A Buy At This Level?

via: SeekingAlpha at 2019-03-13 02:00:00:000

Gold has been facing lots of adversity lately. On Friday, March 1, the price of the yellow metal dropped like a stone and took out the $1300 per ounce level. Last week, gold moved lower reaching a low that was 70 below its previous bottom for 2019 as the price of April futures fell to $1280.80… read more...

The Magic Doesn't Always Work - Precious Metals Supply And Demand

via: SeekingAlpha at 2019-03-12 12:27:18:000

The Week Ends with a Surprise The weekly closing prices of the precious metals were up +$5 and +11. But this does not tell the full story of the trading action. Prices were dropping until Friday. More precisely, Friday 8 a.m. in New York or 1 p.m. in London. Gold and silver - back in… read more...

March Stock Market Update: Slowing Growth, Macro Overview

via: SeekingAlpha at 2019-03-12 04:10:34:000

This is an excerpt from my March newsletter issue from my website. Every 6 weeks I send out an update like this to give a high-level view of how I see things going on in various markets. Aggressive Vs. Defensive Positioning I like to do an update on recession indicators every few months … read more...

Coming Interest Rate Cuts Expected To Drive Precious Metals Higher

via: SeekingAlpha at 2019-03-12 00:24:51:000

Craig Hemke: Palladium Blowup Could Expose Scam of Gold & Silver Futures Welcome to this week's Market Wrap Podcast, I'm Mike Gleason. Coming up, we'll hear a tremendous interview with Craig Hemke of the TF Metals Report . Craig weighs in again and offers a concise and clear … read more...

Global Precious MMI: Palladium Prices Singlehandedly Heating Up A Frigid Winter

via: SeekingAlpha at 2019-03-11 21:47:00:000

Original Post By Taras Berezowsky If you're in the midwestern U.S., chances are your March has gotten off to a more-frigid-than-normal start. Not so for the Global Precious Monthly Metals Index (MMI) , which has gotten even hotter. The subindex tracking a basket of gold, silver,… read more...

Stock Market Correction Catalysts Are Lurking

via: SeekingAlpha at 2019-03-11 11:50:17:000

Stocks are likely to remain volatile over the course of the next week. A stock market correction, or a 10% downslide, is a plausible possibility as well through the next few months. Stocks have priced in positive outcomes around the first quarter economy and Brexit, but global economic data co… read more...

The U.S. Dollar Recovers To Spook Gold

via: SeekingAlpha at 2019-03-11 10:28:22:000

Preamble Since the last all-time high of $1,900/Oz made in 2011, Gold Bugs have taken it on the chin as gold fell from grace resulting in many investors leaving this space in search of greener pastures. In recent years, gold has levelled out and is indeed shaping up for a comeback as i… read more...

Reflation Or Supply And Speculation?

via: SeekingAlpha at 2019-03-11 06:58:43:000

Please Note: This analysis was prepared using end of day data from March 8th, 2019. All indicators and valuations reflect the same. Quick Take Despite the popular narrative that the recent rise in industrial commodity prices is due to a shift towards reflationary policy, I believe the pr… read more...

Gearing Up For A Defensive Strategy

via: SeekingAlpha at 2019-03-11 05:42:11:000

Editor's note: Seeking Alpha is proud to welcome Matt Christopher as a new contributor. It's easy to become a Seeking Alpha contributor and earn money for your best investment ideas. Active contributors also get free access to the SA PRO archive. Click here to find out more The U.S…. read more...

Enhancing Harry Browne's Permanent Portfolio

via: SeekingAlpha at 2019-03-11 04:00:04:000

What is the Permanent Portfolio by Harry Browne Harry Browne s intention was to find a solution for the money you need to take care of you for the rest of your life . He called it the Permanent Portfolio because he believed that once an investor sets it up, th… read more...

Gold Popped On Friday, Commodities Still Stalled, The Long-Dollar ETF Gained

via: SeekingAlpha at 2019-03-10 23:56:39:000

Here are the daily charts for the gold, commodities and the dollar ETFs. The gold trust ETF tracks the spot price of gold and are said to be backed by gold bars in vaults in London. SPDR Gold Trust (NYSEARCA: GLD ) Courtesy of Refinitiv XENITH The Gold ETF ($122.84 on March… read more...

Macro Moves In Metals, Bonds And Currencies

via: SeekingAlpha at 2019-03-10 22:49:13:000

This is a solo cast with me Chris D. As a quantitative systematic trader, I look at price action to come up with a repeatable approach to trading the global macro space. Generally speaking the markets dont line up all together in a way that is easy to identify, but this last w… read more...

'Money For Nothing' By The 'Dire Desperates' At The ECB

via: SeekingAlpha at 2019-03-10 11:44:09:000

Background Six months ago, 3.5-months before 2018 comes to an end, that we wrote about the European bluff , and asked: " How Long Can European Markets Survive Without The 'Big Brother' Help? ". To wit: the burning question now is not whether the ECB starts purchasing assets again rat… read more...

The Silent Boom

via: SeekingAlpha at 2019-03-10 07:22:13:000

The decade that was . Exactly ten years ago this week, I wrote an article on Seeking Alpha entitled A History Of Market Violence . This article published on March 5, 2009 effectively at the financial crisis bottom for the U.S. stock market considered the parallels that existed at the time be… read more...

This Week In Money - March 9, 2019

via: SeekingAlpha at 2019-03-09 20:46:09:000

Ross Clark - Stock markets, gold, oil, US dollar, Canadian dollar. Rick Rule - The current state of mining and where he's putting his money. John Kaiser - Junior miners, PDAC curse. Larry Reaugh - President & CEO of American Manganese Inc. Produced by… read more...

Dollar Surge Pushes Gold To The Sidelines

via: SeekingAlpha at 2019-03-09 09:53:14:000

A confluence of weak economic data from around the world has caused central banks to hold off on raising rates. Even more tellingly, some banks have announced stimulative monetary policies. The recent news has sent chills down investors spines and has resulted in a flight-to-safety m… read more...

The Similarities Between The 1920s And The 2010s

via: SeekingAlpha at 2019-03-09 00:19:20:000

History doesn't repeat, but it rhymes. This trusty aphorism, often attributed to Mark Twain, strikes just the right balance between perceptiveness and vagueness. Of course, history never repeats . That would be impossible. But rhyming words, though they sound similar, can connote far diff… read more...

Gold: Keep Holding Long Deltas

via: SeekingAlpha at 2019-03-08 06:42:57:000

We wrote about gold recently and stated that we believed the yellow metal had started its intermediate decline. We also have stated though that we believe it is very important for traders to keep some type of long delta position in this asset class at present. We remain long GLD, which is an u… read more...

Gold And Precious Metals - Another False Breakout?

via: SeekingAlpha at 2019-03-08 04:27:33:000

When the metals and miners complex start a sustaining move to the upside, it can be breathtaking. Those who follow the miners sector know this all too well, as its one of the most emotional sectors in the market. Do not fear though, the train has not left the station without you. In th… read more...

Is MUX Too Cheap?

via: SeekingAlpha at 2019-03-08 03:48:12:000

When it comes to investing or trading in the gold market, there are many choices. The most direct route is via the physical bars and coins offered by dealers around the world. Futures and futures options available on the COMEX division of the CME do an excellent job replicating the price actio… read more...

Big jobs miss sends stocks lower, bonds and gold higher

via: SeekingAlpha at 2019-03-08 03:47:08:000

February payrolls rose just 20K , way below estimates for 181K. Revisions to January and December were marginal. The unemployment rate, however, actually fell a tick to 3.8%. The labor force participation rate was steady at 63.2%. More news on: iShares 20+ Year Treasury Bond ETF, ProShar… read more...

Gold Holds Up Even As Equities Rip

via: SeekingAlpha at 2019-03-07 21:44:44:000

Russ explains the mystery of why gold is performing surprisingly well while stocks are rallying. In good times insurance is a liability; you don't expect to make money on an insurance policy unless something goes wrong. Which is why it's interesting that gold, a form of portfolio level ins… read more...

Silver Has Incredibly Better Fundamentals Than Gold

via: SeekingAlpha at 2019-03-07 06:24:31:000

SBTV welcomes Daniel Ameduri, Co-Founder of Future Money Trends and Crush The Street, back as we discussed future Fed rate hikes, the state of U.S. debt, outlook for gold and silver and mining stocks. Discussed in this interview: 00:45 Where Fed rate hikes are going in 2019? … read more...

Gold Weekly: Don't Fear The Recent Selloff

via: SeekingAlpha at 2019-03-06 10:09:53:000

Fears , Cameron Holmes (Saatchi Art) Introduction Welcome to my Gold Weekly. In this report, I wish to discuss mainly my views about the gold market through the World Gold Shares SPDR Gold Minishares Trust ETF ( GLDM ). GLDM is directly impacted by the vagaries of gold spot prices bec… read more...

Rise Of The Zombies - Precious Metals Supply And Demand

via: SeekingAlpha at 2019-03-06 04:18:54:000

Rise of the Zombies - Precious Metals Supply and Demand Last week, the prices of gold and silver fell $35 and 70, respectively. But what does that mean (other than woe unto anyone who owned silver futures with leverage)? The S&P 500 index and the euro was up a bit, though the yua… read more...

Dollar Countertrend Rally Weighs On Gold

via: SeekingAlpha at 2019-03-06 03:09:17:000

A counter-trend rally in the U.S. dollar index is providing a headwind for gold and will likely keep the metal range-bound below its recent high for a few weeks. In todays report well review the factors which are pushing the greenback higher while temporarily halting gold&#x201… read more...

Gold - Yikes!

via: SeekingAlpha at 2019-03-06 01:30:00:000

Gold provided market participants with a reminder that the yellow metal loves to crawl higher and tumble lower during price corrections. The yellow metal is a unique hybrid between a currency and a commodity which means it tends to display a far lower level of volatility than other metals and … read more...

How's Your Risk Exposure?

via: SeekingAlpha at 2019-03-05 21:57:56:000

A single diversifier may not be enough. A week ago, we reported a significant decline in the so-called fear index. The Cboe Volatility Index (VIX), a barometer of the anxiety built into the prices of S&P 500 Index options, has been slipping mightily since Christmas. Now, volatility i… read more...

Gold Continues The Pattern

via: SeekingAlpha at 2019-03-05 13:28:47:000

We present patterns in the price history of the gold market that seem to be replicating in real time. If these similar patterns continue to replicate, then gold will continue to fall, but is unlikely to fall below $1,225 before bouncing higher. Gold has a strong inverse-correlation with th… read more...

Gold: Warning Signs

via: SeekingAlpha at 2019-03-05 07:44:29:000

Last year, when the SPDR Gold Trust ( GLD ) was trading at $125, I published my bearish case for gold . The crux of my thesis was one of concave payoff: My analysis predicted a $130 bullish price target and a $109 bearish price target. In fact, both were nearly hit (both missed by $1), with a… read more...

Gold: Intermediate Decline Looks To Be Underway

via: SeekingAlpha at 2019-03-05 03:01:38:000

In the precious metal sector, we remain long the SPDR Gold Trust ETF ( GLD ) and hope to add to our metals exposure at the next intermediate cycle low. We discussed in a recent article why our exposure in equities vastly outweighs the small exposure we have in precious metals. With respect t… read more...

Gold Is Historically Cheap To The Stock Market

via: SeekingAlpha at 2019-03-04 23:07:18:000

The monetary authorities running the paper-money schemes of the present are anxious to forestall significant rises in the paper price of gold, because such rises would diminish confidence in the lasting value of the paper money in use today. - Hugo Salinas Price The p… read more...

Gold Correction - How Low Can The Yellow Metal Go?

via: SeekingAlpha at 2019-03-04 01:00:00:000

In mid-August 2018, a new high in the dollar index took the price of gold to its lowest price since early 2017 at $1161.40 per ounce. Gold did not stay at that level for long, and by the end of August, the price had recovered to over $1200. One of the most impressive signs for the gold marke… read more...

Gold: Is It Time To Panic?

via: SeekingAlpha at 2019-03-03 10:29:00:000

Just two weeks ago we had nearly every gold bug discussing how $1,500 - $1,600 by next year was a certainty, but its amazing what price can do for sentiment. Over the past ten days, trading sentiment had gone from a fear of missing out and a stampede into miners to disgust for being in… read more...

The Gold Debate - Where Do Things Stand In The Gold Market?

via: SeekingAlpha at 2019-03-03 00:50:41:000

By Pater Tenebrarum A Recurring Pattern When the gold price recently spiked up to approach the resistance area even Aunt Hilda, Freddy the town drunk, and his blind dog know about by now, a recurring pattern played out. The move toward resistance fanned excitement among gold bugs (wh… read more...

The Gold, Commodities And The Long-Dollar ETFs Stalled Last Week

via: SeekingAlpha at 2019-03-02 21:35:32:000

Here are the weekly charts for the gold, commodities and the dollar ETFs. The gold trust ETF tracks the spot price of gold and is said to be backed by gold bars in vaults in London. SPDR Gold Trust ETF (NYSEARCA: GLD ) Courtesy of MetaStock Xenith The gold ETF ($121.88 on Mar… read more...

Patience Grasshopper! SchiffGold Friday Gold Wrap 03.01.19

via: SeekingAlpha at 2019-03-02 01:18:23:000

By SchiffGold Jerome Powell went to Capitol Hill this week and continued to preach patience. In other words, the Powell Pause is still firmly in play. In fact, the Fed Chair confirmed that balance sheet reduction is a done deal. But why this sudden patience? In this episode of the Friday G… read more...

Silver Stalls And Falls To A New Low In 2019

via: SeekingAlpha at 2019-03-02 01:00:00:000

Silver is a precious metal that attracts lots of speculative activity. Rallies to the $50 per ounce level in 1980 and 2011 are always reminders that the silver market can double, triple, and halve in value over short periods offering market participants fantastic gains. While huge moves of the… read more...

Leveraged ETF Decays - Update

via: SeekingAlpha at 2019-03-02 00:30:20:000

I measure once a month the decay of major leveraged ETFs. It may be useful for anyone using leveraged ETFs for investing, trading or hedging. Where does the decay come from? Most of the time, a leveraged ETF does worse than the underlying asset leveraged by the same factor. This relative… read more...

Gold Is Good

via: SeekingAlpha at 2019-03-01 07:11:19:000

The Medium-Term Signal for Gold is Positive From a behavioural economics point of view, investing in gold now presents difficulties. Gold has had a good run-up, so the "easy money" has been made. Theories about price drivers abound, but accuracy is an issue. There is no doubt that the gold… read more...

Elliott Wave Analysis - Gold

via: SeekingAlpha at 2019-03-01 03:34:23:000

We have published two articles on gold on this website during the past half year. The first concluded on November 1st, 2018, that gold appears to be an attractive investment during the next few years. Subsequently, we argued that gold is likely to confirm a cyclical trend reversal and cont… read more...

Will An Economic Slowdown Be Good For Gold?

via: SeekingAlpha at 2019-02-28 21:40:41:000

By Jim Iuorio At a Glance The wait for gold volatility could be ending, thanks to a shift in attitude towards economic expansion. Gold has lacked volatility for a long time. Since the summer of 2013, gold has largely remained in a tight price channel between 1,100 and … read more...

Remember, The Fed Hasn't Actually Done Anything Yet

via: SeekingAlpha at 2019-02-28 21:16:31:000

When the financial markets got, um, choppy towards the end of 2018, the Fed caved almost instantly. But only rhetorically. Fed chair Powell promised to stop raising interest rates and shrinking the money supply, and the financial markets, trained to salivate at the sound of Fed happy talk, i… read more...

How Confident Are You In The Equity Recovery?

via: SeekingAlpha at 2019-02-28 18:52:24:000

Despite the V-shape in the equity market, retail investors have not returned to the US domestic equity market as Figure 1 (left frame) shows us, with the ETF registering its third significant monthly outflow (December: -$28.9 billion, January: -$19.2 billion, February -2.05 billion - IC… read more...

Gold Weekly: Demand Driven By Late U.S. Cycle Concerns

via: SeekingAlpha at 2019-02-28 14:21:49:000

Cycle 2 , Bac Cam (Saatchi Art) Introduction Welcome to my Gold Weekly. In this report, I wish to discuss mainly my views about the gold market through the World Gold Shares SPDR Gold Minishares Trust ETF ( GLDM ). GLDM is directly impacted by the vagaries of gold spot prices because … read more...

Sentiment Speaks: Sheer Ignorance About Gold

via: SeekingAlpha at 2019-02-28 08:00:00:000

So, as I am known to do, I will peruse various postings for something interesting and then write about it. And, while I cannot say what GATA writes is interesting, I can say it always provides fodder for presenting why so many do not understand the gold market. In its latest … read more...

Watch Out - Platinum Is Looking Sexy

via: SeekingAlpha at 2019-02-28 06:30:00:000

Platinum has been a dog for years. The rarest precious metal slipped to a discount under gold a half-decade ago, and it has not looked back. The metal that once went by the nickname as "rich man's gold" traded as low as $500 below the price of the yellow metal over recent weeks. American Exp… read more...

A New Bull Market In Gold?

via: SeekingAlpha at 2019-02-28 02:21:04:000

This week we look at an important chart on the gold price outlook as a number of key themes and indicators are starting to shift for gold, and commodities more broadly for that matter. The key chart comes from a report which weighs several key determinants of the gold price outlook as a ma… read more...

A Look At Gold's 5 Leading Factors

via: SeekingAlpha at 2019-02-27 12:38:44:000

Long-time readers of this report know that I rely on five principal factors to determine the strength of gold's 3-9 month trend. These factors are mainly related to gold's performance as an inflation-related asset. That is, when the outlook for commodities is strong and the dollar is weak, gol… read more...

Platinum Has Plenty Of Catching Up To Do

via: SeekingAlpha at 2019-02-27 11:21:04:000

Poor platinum. It is one of the rarest of metals, hidden deep within the earth, making it far harder to mine than gold or silver. Platinum also boasts superior industrial properties, such as very high resistance to heat and a remarkable ability to act as a catalyst for chemical reactions. On… read more...

IAU Has Advantages Over GLD

via: SeekingAlpha at 2019-02-27 06:00:00:000

Gold is a precious metal that wears many hats. Gold is a favorite when it comes to jewelry. Fabricated demand for gold is consistently one of the primary sources of demand each year. Gold's resistance to heat, density, and ability to conduct electricity create a myriad of industrial applicatio… read more...

Gold To Obliterate The $1350 Resistance Level

via: SeekingAlpha at 2019-02-26 13:00:28:000

Background It feels like a distant memory since gold traded at the heady heights of $1900/Oz, since then the bears have been in control and gold has been savaged along with the associated mining stocks. However, since 2016, gold has been making somewhat of a comeback and is now tradin… read more...

Sentiment Speaks: Be Careful - Something Is Wrong With The Gold Market

via: SeekingAlpha at 2019-02-26 08:00:00:000

I dont know folks. I do a lot of reading in the gold complex, and I am just sitting here scratching my head. Something just does not seem to be right. When the gold market began to rally back in the fall, it coincided with the stock market top we were calling for at the time, along w… read more...

A Case Of Happy Borrowing - Precious Metals Supply And Demand

via: SeekingAlpha at 2019-02-26 04:35:37:000

Feel Good Now, Pay Dearly Later The prices of the metals were up somewhat last week, gold +$7 and silver + 13. The price of the S&P 500 index was up, as was the price of oil and copper, and the price of the euro, pound, and yuan. And bitcoin. Even the Treasury bond posted slight … read more...

Now For The Intense Phase Of The Silver Bull Market

via: SeekingAlpha at 2019-02-26 04:14:41:000

Like all bull markets, the silver bull market has different phases, and these phases have different intensities of price growth. There are various indications/signs that silver is going into a phase of the bull market where prices will rise much faster than before. I have covered some of t… read more...

Long-Term Drifts Of Leveraged ETFs

via: SeekingAlpha at 2019-02-25 19:18:36:000

I publish once a month the drifts of major leveraged ETFs on a trailing month and year. After the last issue , a reader asked if I could write a post on long-term drifts. Here it is, with calculations on 3 and 7 years. Only the biotechnology ETFs have disappeared from my usual list in a 7-yea… read more...

China-U.S. Rivalry And Gold

via: SeekingAlpha at 2019-02-25 15:46:12:000

It's unimaginable what great progress China made in the last forty years. The rise of such economic power triggered many fears (or hopes) about the future international order. We invite you to read our today's article about the rivalry between China and the US and find whether the Red Dragon w… read more...

Dollar's Response To Trade News Is Good For Gold

via: SeekingAlpha at 2019-02-25 10:12:05:000

A commonly held belief among investors and analysts is that the gold price will suffer if the U.S.-China trade dispute is amicably resolved. This view is so widely circulated in commentaries on the gold price to the point where it has become almost conventional wisdom. However, last week&#x201… read more...

Skepticism Is Supporting The Market

via: SeekingAlpha at 2019-02-25 09:06:29:000

Instead of celebrating what has been a remarkable string of victories since December, all too many investors are convinced that the rallys days are numbered. What is more, too many investors seem to be more interested in markets other than equities. Whether you interpret this as apathy… read more...

The Fed And Trade Boost Stocks - Gold Stocks Doing Well Since Mid-September

via: SeekingAlpha at 2019-02-25 06:30:00:000

On Wednesday, February 20, the US Federal Reserve released the minutes of the most recent Federal Market Open Committee meeting. In their statement that followed the meeting and the minutes that followed, the central bank pledged to monitor the data with patience when it comes to further short… read more...

Robert Moriarty's New Book Will Save You A Lot Of Money

via: SeekingAlpha at 2019-02-25 05:35:18:000

If you're paying attention you're probably 1) watching gold rise along with global instability, and 2) wondering if it's finally time to load up on precious metals mining stocks. But of course you have no idea how to do this successfully, because hardly anyone does. Robert Moriarty - vet… read more...

Federal Reserve Blinks, Eyes Interest Rate Cuts; Dr. Engelhardt: Economy Beholden To Fed Interest Rate Policy

via: SeekingAlpha at 2019-02-25 05:19:25:000

Welcome to this week's Market Wrap Podcast, I'm Mike Gleason. Coming up we'll hear from Dr. Lucas Engelhardt, associate professor of economics at Kent State University and well-known Austrian economist and regular guest lecturer at the Mises Institute . Dr. Engelhardt enlightens us o… read more...

Goldmoney 2019 Outlook And Round-Table Discussion

via: SeekingAlpha at 2019-02-25 03:17:47:000

Goldmoney's leadership team - Roy Sebag, James Turk, Alasdair Macleod, John Butler and Stefan Wieler were joined by a special guest, Ned Naylor-Leyland of Merian Global Investors at the Royal Society in London on January 28, 2019, to film the annual Goldmoney Round table and Outlook video. … read more...

Tracking John Paulson's Paulson & Company Portfolio - Q4 2018 Update

via: SeekingAlpha at 2019-02-24 14:15:25:000

This article is part of a series that provides an ongoing analysis of the changes made to John Paulsons 13F stock portfolio on a quarterly basis. It is based on Paulsons regulatory 13F Form filed on 02/14/2019. Please visit our Tracking John Paulsons Paulson & Co… read more...

The Gold And Commodities ETFs Set 2019 Highs Last Week While The Dollar Stayed Range-Bound

via: SeekingAlpha at 2019-02-24 12:37:14:000

Here are the daily charts for the gold, commodities and the dollar ETFs. The gold trust ETF tracks the spot price of gold and is said to be backed by gold bars in vaults in London. SPDR Gold Trust ETF (NYSEARCA: GLD ) Courtesy of MetaStock Xenith The gold ETF ($125.50 on Feb…. read more...

Gold Looks Great

via: SeekingAlpha at 2019-02-24 06:00:00:000

Gold has been making higher lows and higher highs since mid-August when the price dropped to just over the $1160 per ounce level on the active month COMEX futures contract. During August, the price of gold fell on the back of a rally in the dollar and the prospects for an aggressive and hawkis… read more...

This Week In Money - February 23, 2019

via: SeekingAlpha at 2019-02-24 02:34:36:000

Bob Hoye Gold, stock markets, commodities, credit markets Martin Armstrong World economic outlook, gold, real estate. Eric Hadik Market cycles and human behavior. Larry Reaugh President & CEO of American Manganese Inc. Produc… read more...

Mixed Messages: SchiffGold Friday Gold Wrap 02.22.19

via: SeekingAlpha at 2019-02-23 01:35:38:000

By SchiffGold The SchiffGold Friday Gold Wrap podcast combines a succinct summary of the week's precious metals news coupled with thoughtful analysis. Gold pushed up against a significant resistance level this week and then sold off after the minutes from the Federal Reserve meeting… read more...

Gold Weekly: Bullish Case Intact

via: SeekingAlpha at 2019-02-22 13:48:18:000

Intact , Sarah Colby (Saatchi Art) Introduction Welcome to my Gold Weekly. In this report, I wish to discuss mainly my views about the gold market through the World Gold Shares SPDR Gold Minishares Trust ETF ( GLDM ). GLDM is directly impacted by the vagaries of gold spot prices becau… read more...

Gold's Rally Is More Than Just Safe-Haven Demand

via: SeekingAlpha at 2019-02-22 13:04:17:000

One of the biggest attractions for owning gold since last summer has been the widespread fear generated by the U.S.-China trade war. The ongoing trade tariff dispute, coupled with signs of a slowing global economy, have served to increase interest in owning the metal as a hedge against another… read more...

The Return To A Gold Exchange Standard

via: SeekingAlpha at 2019-02-22 02:45:43:000

This article makes the obvious point that a return to a gold standard is the only way nations can contain the interest cost of servicing debt, given the alternative is inflationist policies that can only lead to far higher interest rates and currency destruction. The topic is timely, given th… read more...

Gold: The Big Picture

via: SeekingAlpha at 2019-02-22 00:11:53:000

Source: DailyTimes.com Gold has performed remarkably well over the past 6 months. The outperformance began in the fall, right around the time equities topped out, and the odds of further Fed tightening began to disintegrate. In my gold article from last August, at the height of gold&… read more...

Volatility: Ignore The Noise And Remain Invested For The Long Term

via: SeekingAlpha at 2019-02-21 23:00:08:000

( Photo Source ) The ongoing stock market volatility has many investors concerned about the future. With so much uncertainty around trade with China, future Fed policy, concerns around global economic growth, Brexit, and ongoing investigations into the Trump administration, it seems like mar… read more...

It's Dumb To Have No Gold Amid All Of This

via: SeekingAlpha at 2019-02-21 21:59:49:000

The Green New Deal is silly and not worth our attention. It implies we can have anything we want if the Federal Reserve extends credit. Let me blow your hair back for a second. The two biggest US stock market rallies (in the 1920s and in 1990) occurred when the budget deficit was disappear… read more...

The Beaten Down Gold Sector Starts To Punch Back

via: SeekingAlpha at 2019-02-21 13:31:25:000

Preamble We have long held the opinion that the fortunes of the precious metals sector is largely dependent on the action or lack of it by the Central Bankers. Of note is the Federal Reserve who has now taken its foot off the accelerator regarding rate hikes in the US. We have stated that… read more...

Mutual Funds Attract Net New Money In January, While ETFs Suffer Net Redemptions

via: SeekingAlpha at 2019-02-21 08:55:00:000

Photo Source: REUTERS/Leah Millis. Federal Reserve Chairman Jerome Powell holds a press conference following a two day Federal Open Market Committee policy meeting in Washington, U.S., January 30, 2019. For the second month in three, investors were net purchasers of mutual fund assets, inj… read more...

Gold: Is It A Bull Trap?

via: SeekingAlpha at 2019-02-21 07:15:43:000

As we look at the Mean Reversion Trading report published in Seeking Alpha's Marketplace on February 15 regarding gold, it looks like gold, as of Tuesday the 19 th , 7:09 am, as I write this report, has completed the targets based on the Variable Changing Price Momentum Indicator (VC PMI). T… read more...

These 3 Quantitative Systems Are Bullish On Gold Right Now

via: SeekingAlpha at 2019-02-21 06:49:52:000

Many investors are too dogmatic when it comes to gold investing. Both the gold bulls and the bears many times take extreme positions with excessively long time horizons. The way I see it, gold can be either a good or bad investment depending on the particular market environment. In other wor… read more...

Watch Palladium Closely: Achilles' Heel Of The Paper Metals Markets (Video)

via: SeekingAlpha at 2019-02-20 12:46:49:000

"Watch Palladium closely!" warns SBTV's guest Craig Hemke, who is the publisher of the popular TF Metals Report . Craig sees risks in the palladium market that could unravel the paper metals market. We also discuss his outlook for gold and silver in 2019. Discussed in this interview: … read more...

Good News For GLD Longs

via: SeekingAlpha at 2019-02-20 11:25:53:000

Gold bullion. (Photo credit Reuters via the Financial Times ). Gold Hits A Ten-Month High On Central Bank Dovishness Gold hit a ten-month high on Tuesday, which the Financial Times, at the link in the image caption above, attributed to expectations of further dovishness by central ban… read more...

I'm Buying Gold And Silver, But Not For The Reason You Think

via: SeekingAlpha at 2019-02-20 09:04:19:000

Precious metals are a useful asset class within a diversified portfolio. Gold is a store of wealth that protects against currency weakness, while gold stocks are investments (albeit historically not well-managed as a group). Silver and platinum are hybrids in the sense that they have a lot o… read more...

Critical Support Points For Gold

via: SeekingAlpha at 2019-02-20 04:58:27:000

Produced by HoweStreet.com Editors Note: The summary bullets for this article were chosen by Seeking Alpha Read more … read more...

Russian Demand Is Helping Gold

via: SeekingAlpha at 2019-02-19 15:44:38:000

Despite the continued strength of the U.S. currency, and partly because of Russias increased appetite for the metal, golds bullish prospects in 2019 are as strong as theyve been in years. Thats because gold now enjoys a unique combination of positive growth fact… read more...

Gold hits 10-month high, palladium pops to new record

via: SeekingAlpha at 2019-02-19 12:22:42:000

Gold prices jump to their highest level in nearly 10 months , lifted by safe-haven buying as investors monitored continuing trade talks and political uncertainty in Europe. More news on: Barrick Gold Corporation, Newmont Mining Corporation (Holding Company), Goldcorp Inc., Commodities new… read more...

Sentiment Speaks: Why Is Central Bank Buying Of Gold So Important?

via: SeekingAlpha at 2019-02-19 08:00:00:000

Note: This was originally published on February 16th for subscribers to The Market Pinball Wizard: There is an old Yiddish expression called a bubbe meise (pronounced my-seh). I guess the closest English interpretation of this expression would be a grandmothers tale, or in the comm… read more...

Hello Old Friend... Gold Nears $1,350 Resistance That Has Repelled It 4 Times In 5 Years

via: SeekingAlpha at 2019-02-19 02:11:35:000

The past five years have been baffling for gold bugs. In an environment of massive central bank money creation, rising government deficits and a populist takeover of many countries' political systems - all of which should be great for safe haven assets - gold has spiked to around $1,350 four t… read more...

Blame The Fed For The Plight Of The Average American

via: SeekingAlpha at 2019-02-18 17:10:37:000

What is the most important price in the economy? In my estimation, it can only be the price of money itself . The price of borrowed money affects everyone in some way or another. At the current point in history, a handful of actors (the central banks) wield control over this price, either d… read more...

iShares Gold Trust: A Good Addition To A Diversified Portfolio

via: SeekingAlpha at 2019-02-18 16:15:25:000

I have a confession to make. Despite being an investor in gold (I estimate that about 8% of my total portfolio is exposed to this precious metal), I am not quite an expert in this alternative asset class. I don't even hold a strong opinion regarding its future performance. If the reader were… read more...

Weekly Fund Wrap: Late-Cycle With Middling Valuations

via: SeekingAlpha at 2019-02-18 13:22:22:000

Markets were buoyed this week from apparent easing of trade tensions as President Trump suggested there may be another extension to the talks if sufficient progress is being made. Treasury Secretary Steven Mnuchin tweeted that the meetings with the Chinese side were "productive". Another shot … read more...

'I See Trees Of Green': 10 Most Amazing Facts About The Current Market

via: SeekingAlpha at 2019-02-18 13:10:44:000

What a Wonderful World "I see trees of green, red roses too; I see them bloom for me and you; And I think to myself what a wonderful world" The past 50 days have been anything but shades of grey. Since Christmas, the market has been nothing but "trees of green" wherever you look. … read more...

The Gold ETF Remains Overbought, Commodities Hold Value Levels, The Dollar Is Below A Risky Level

via: SeekingAlpha at 2019-02-18 04:51:46:000

Here are the daily charts for the gold, commodities and the dollar ETFs. The gold trust ETF tracks the spot price of gold and is said to be backed by gold bars in vaults in London. SPDR Gold Trust ETF (NYSEARCA: GLD ) Courtesy of MetaStock Xenith The gold ETF ($124.80 on Feb…. read more...

Gold Generally Does What It Is Supposed To Do

via: SeekingAlpha at 2019-02-18 04:43:12:000

Editor's note: Originally published at tsi-blog.com on Feb. 18, 2019. Like every other financial market in world history, the gold market is manipulated. However, anyone who believes that manipulation of the gold market is an important influence on major gold-price trends does not un… read more...

GLD: A Gold Hedge Against A Coming Recession?

via: SeekingAlpha at 2019-02-17 20:04:57:000

After years of smooth sailing, volatility has returned to capital markets in force. In the past few months, the seemingly unstoppable bull market has lost some of its footing. The markets temper tantrum that followed the Federal Reserves decision to hike interest rates in Dec… read more...

This Week In Money - February 16, 2019

via: SeekingAlpha at 2019-02-17 01:36:27:000

Ross Clark Stocks, bonds, dollar and precious metals. Gerald Celente US economy, global slowdown, interest rates. Wolf Richter Subprime auto loans, electric vehicles, and New York. Larry Reaugh President & CEO of American Manganes… read more...

Gold Pulls Back, But Not All That Much

via: SeekingAlpha at 2019-02-16 06:00:00:000

Gold traded down to just above the $1160 level in mid-August when the dollar index hit a new high. Since then, the yellow metal has been making higher lows and higher highs despite volatility in markets that could have weighed on its price. During the fourth quarter of last year, a period of r… read more...

Would Gold Benefit From A U.S.-China Trade Deal?

via: SeekingAlpha at 2019-02-15 14:08:00:000

Gold continues to hang tough in the face of a strengthening U.S. currency as a plethora of negative news headlines support the metals fear factor. Well discuss some of these negative headlines in todays report as I argue that gold will continue to benefi… read more...

20 Years Of Eurozone And Gold

via: SeekingAlpha at 2019-02-15 10:39:51:000

The old continent is dying. The euro is on the brink of collapse. This is what you can often hear in the press. But is that really the case? We invite you to read our todays article about the development of the Eurozone in the last 20 years and find out what are the real prospects for … read more...

How To Beat The Market In The Long Run With Trend Following Strategies

via: SeekingAlpha at 2019-02-15 10:28:20:000

The SPDR S&P 500 ETF ( SPY ) - the ETF that tracks the widely popular S&P 500 index - closed above its 200-day moving average on Tuesday. This is a widely followed trend indicator, and for good reasons. The data shows that making investment decisions based on such trend indicator can… read more...

Gold Bugs Index HUI Stands To Gain As Bullion Prices Rally

via: SeekingAlpha at 2019-02-14 14:51:40:000

Preamble The precious metal market has experienced great difficulty for the last 6 years or so as gold and silver prices were beaten down. However, they are now moving higher largely due to a stock market that is in a corrective mode and a Federal Reserve that is in dovish mode. Invest… read more...

SLV: Sizing Up A Long Play

via: SeekingAlpha at 2019-02-14 13:21:22:000

Silver is trading at around $15.55 an ounce, which corresponds to a price in iShares Silver Trust ( SLV ) of around $14.64. We are long GLD at present and plan to maintain this long position through the pending intermediate cycle decline. Traders have asked why we would not contemplate selling… read more...

Here Comes Another Test For Gold

via: SeekingAlpha at 2019-02-14 13:05:27:000

In the last few reports, I've made the case that gold's dominant intermediate-term (3-9 month) recovery will likely continue despite a strengthening dollar. This belief is based on the observation that while gold's currency component is weakening, its fear component is strengthening as gold de… read more...

Blame (Or Thank) The Fed For Meteoric Wealth Inequality

via: SeekingAlpha at 2019-02-14 10:07:12:000

The Federal Reserve catches flak from individuals in the investment community with some frequency, and not without merit. It's a leitmotif that the reigning monetary policy regime along with trillions of dollars of Quantitative Easing have exacerbated income and wealth inequality. It's worth b… read more...

Pierre Lassonde's Views Of The Gold Mining Sector

via: SeekingAlpha at 2019-02-14 02:29:49:000

Legendary gold mine investor Pierre Lassonde appears for the first time on the radio program this week. Pierre is known for his leadership as an innovative mining executive and founder of the largest natural resources royal company, Franco-Nevada Corp. ([[FNV]]). In 1985, Franco-Nevada acqui… read more...

Alan Newman - 'Gold Is The Ultimate Insurance Policy'

via: SeekingAlpha at 2019-02-14 01:56:12:000

Read more … read more...

Gold Love Trade Could Set New Valentine's Spending Record

via: SeekingAlpha at 2019-02-13 23:27:35:000

This Valentines Day might best be remembered for two things in particular. One, for the first time in 153 years, candy lovers wont be able to pick up a box of Sweethearts, those classic heart-shaped candies bearing sweet nothings like BE MINE and CRAZY 4… read more...

U.S. Inflation Could Hit 0% By June, 1% By Year End - Avoid Gold

via: SeekingAlpha at 2019-02-13 23:10:21:000

I created this chart of my forecast for inflation for 2019 back in January. The red bars are my forecast numbers. Today, we got January's Consumer Price Data and they came in at 1.52% year over year. U.S. Bureau of Labor Statistics, Consumer Price Index for All Urban Consumers: Al… read more...

With 2019 Rate Hike Chances Near Zero, Commodities Are Even More Compelling

via: SeekingAlpha at 2019-02-13 08:24:38:000

All indications are that the next move the Federal Reserve makes will be a rate cut. As recently as the end of last year, the thought was totally anathema. There would be rate hikes in 2019, the general consensus was, and it was just a question of how many. But that narrative is quickly being … read more...

Can Gold Ignore A Rising Dollar For Long?

via: SeekingAlpha at 2019-02-12 21:15:36:000

Even as the dollar strengthens, gold has retained its buoyancy thanks to the high levels of fear and uncertainty surrounding the upcoming U.S.-China trade deadline. In todays report Ill ask the question, Can gold continue to ignore a rising dollar without any adverse co… read more...

ETF Ratios For Tactical Investing

via: SeekingAlpha at 2019-02-12 17:50:53:000

I recently received an email with a link to an article by Greg Morris in StockCharts website discussing an interesting idea about using ETF ratios in a strategy for market timing purposes (see reference at the end of the article.) This appears to be a lower risk strategy, but it has not outper… read more...

Central Bank Gold Demand Spikes To Highest Level In Nearly 50 Years

via: SeekingAlpha at 2019-02-12 10:52:12:000

There has been a fundamental shift in central banks' behavior with respect to gold over the past decade. The 2008 financial crisis led central banks to re-evaluate the relevance and importance of gold on their balance sheets. Check out the sudden change in sentiment that occurred in 2009, as c… read more...

Why I Am Holding Gold And Silver To Supplement My REIT Portfolio

via: SeekingAlpha at 2019-02-12 08:00:00:000

(This article was produced with Samuel Smith, co-author of High Yield Landlord ) There are many ways to build long-term wealth, the most popular being real estate, stocks, and bonds. However, with the current stock market nearing a record bullish run-up from its 2008-2009 lows, valuatio… read more...

The Euro Is A Fundamentally Weak Currency - Just Ask The Ghost Of Yogi

via: SeekingAlpha at 2019-02-12 06:00:00:000

The fortieth anniversary of the pan-European currency is only weeks away. On March 13, 1979, the European Monetary System ((EMS)) with its Exchange Rate Mechanism at the time, the ECU was born. After many rounds of tough negotiations and opposition from the United Kingdom, the Maastricht Treat… read more...

Indian Gold Prices Rise As Analysts Expect A Demand Bump In 2019

via: SeekingAlpha at 2019-02-12 00:59:01:000

Original Post By Sohrab Darabshaw Gold is back in the news in India, the second-largest consumer market in the world. Gold prices have been moving upward, buoyed by several conditions, since January. On Feb. 6, for example, retail gold prices touched approximately U.S. $461 (Rs 3… read more...

Gold Prices Taking A Breather Or Something Worse?

via: SeekingAlpha at 2019-02-11 14:24:38:000

Background I first traded gold back in 1980 and have been active in this sector of the market ever since then. However, as a Gold Bug at heart I am not a Perma-Bull and at different times I have been long or short in this space via the options market to generate profits. Being a Perma-Bull… read more...

Europe's Uncertainties Keep Gold's Safety Bid Alive

via: SeekingAlpha at 2019-02-11 11:32:44:000

In what some are calling a gloomy global outlook, gold continues to thrive as investors remain uncertain ahead of a looming trade deadline between the U.S. and China, an upcoming "Brexit" deadline, and evidence of a slowing eurozone economy. But it's not just the return of such… read more...

SPDR Gold Trust ETF: A Regime Change For Gold

via: SeekingAlpha at 2019-02-11 10:48:31:000

A Regime Change For Gold Over the past several weeks, there has been a regime change for the price of gold which is starting a bullish move for the precious metal and its popular ETF counterpart, the SPDR Gold Trust ETF ( GLD ). I wrote two research notes on GLD which you can find here a… read more...

A Precious Metals Update

via: SeekingAlpha at 2019-02-11 09:51:43:000

I reserve most of the work on precious metals for NFTRH weekly reports and in-week updates, because it is done on a consistent basis, with the work done previously key to the narrative, making sense in real time and going forward. In other words, in order to not be out there stabbing in the … read more...

One Day, Platinum Will Shock The Market

via: SeekingAlpha at 2019-02-11 06:00:00:000

We heard the word "patience" from the Fed last week when the U.S. central bank backtracked from their hawkish approach to monetary policy that dominated their decisions in 2018. Patience is "the capacity to accept or tolerate delay, trouble, or suffering without getting angry or upset." The sy… read more...

Constructing Global Portfolio From Screened ETFs

via: SeekingAlpha at 2019-02-11 00:40:51:000

While much of the investing community focuses on individual stocks, there is an abundance of academic research advocating the importance of strategic asset allocation when it comes to portfolio construction. In this article, I lay out an investing model that begins with a wide array of asset c… read more...

Peak Gold Is Here: No Major Gold Discoveries And Falling Exploration Dollars

via: SeekingAlpha at 2019-02-10 16:06:05:000

SBTV speaks with returning guest Frank Holmes , CEO and Chief Investment Officer of US Global Investors , about peak gold where gold production has plateaued and there are less capital invested in gold exploration. Discussed in this interview: 02:43 Disappointment in gold's pe… read more...

Gold Weekly: Investors In Need Of Protection

via: SeekingAlpha at 2019-02-10 14:39:28:000

Protection , Laura Molonaro (Saatchi Art) Introduction Welcome to my Gold Weekly. In this report, I wish to discuss mainly my views about the gold market through the World Gold Shares SPDR Gold Minishares Trust ETF ( GLDM ). GLDM is directly impacted by the vagaries of gold spot price… read more...

The Gold ETF Is Overbought While Commodities Stall And The Dollar Stabilizes

via: SeekingAlpha at 2019-02-10 12:22:42:000

Here are the daily charts for the gold, commodities and dollar ETFs. The Gold Trust ETF tracks the spot price of gold and is said to be backed by gold bars in vaults in London. SPDR Gold Trust (NYSEARCA: GLD ) Courtesy of MetaStock Xenith The Gold ETF ($124.21 on Feb. 8) trad… read more...

Gold Stocks Are Looking Better Than The Metal

via: SeekingAlpha at 2019-02-10 06:00:00:000

The gold market has been moving higher since reaching a low at $1161.70 in mid-August. The yellow metal moved above the $1300 per ounce level in early 2019, and after a brief correction that took the price of April futures to a low at $1281.50 on January 24, the price quickly turned higher and… read more...

The Green (And Red) New Deal: SchiffGold Friday Gold Wrap 02.08.19

via: SeekingAlpha at 2019-02-10 05:44:25:000

By SchiffGold The SchiffGold Friday Gold Wrap podcast combines a succinct summary of the week's precious metals news coupled with thoughtful analysis. Democrats led by Alexandria Ocasio-Cortez rolled out their "Green New Deal" this week. In this episode of the Friday Gold Wrap, host… read more...

This Week In Money - February 9, 2019

via: SeekingAlpha at 2019-02-10 01:52:44:000

Ross Clark - Oil, copper, markets. Marc Faber - China, US, trade, global economy. Ed Steer - Manipulation of gold and silver prices. Physical gold vs. paper gold. Larry Reaugh - President & CEO of American Manganese Inc. Produced by HoweStreet.com … read more...

COT Data Supports Further Downside Short-Term In Gold And Silver - David Brady (08/02/2019)

via: SeekingAlpha at 2019-02-09 01:59:38:000

By David Brady We just started getting COT data again, and although it is out of date by over a month, it does provide some interesting information. Starting with gold. The closing price on December 31 was $1,281, up over $80 in six weeks. Given the rally, it is no surprise that Money Ma… read more...

What The Latest Numbers Mean For Gold And Silver - Weekly Wrap-Up (Feb 8, 2019)

via: SeekingAlpha at 2019-02-09 00:30:04:000

By Craig Hemke As the lunar New Year celebration wraps up, it's been a mediocre week for precious metals. But when Chinese buyers re-enter the market, will gold and silver prices get a boost? In this edition of the Wrap-Up, Eric Sprott joins us once again to break down all the gold and s… read more...

The Charge Of The Light Brigade: Central Bankers Have Misunderstood Their Orders

via: SeekingAlpha at 2019-02-08 23:48:36:000

"Into the valley of Death rode the six hundredForward, the Light Brigade! Was there a man dismayed? Not though the soldier knew, someone had blunderedTheirs not to reason why, theirs but to do and die." - ( Alfred, Lord Tennyson, 1854 ) The Charge of the Light … read more...

Gold Stocks Gather Steam

via: SeekingAlpha at 2019-02-08 14:49:56:000

Gold stocks young upleg is gathering steam, marching steadily to higher lows and higher highs. These bullish technicals are gradually improving sentiment, fueling mounting interest in this contrarian sector. Thats helping the gold stocks regain lost ground relative to gold, the… read more...

Gold Still Has Relative Strength Advantage Over Stocks

via: SeekingAlpha at 2019-02-08 14:12:06:000

Golds currency component is being tested by the latest rally in the U.S. dollar index, yet its fear factor is still very much intact. That much was made clear by the events of Thursdays trading session as a revival of U.S.-China trade war worries kept gold&#x201… read more...

Global Gold Holdings In Gold-Backed ETFs Up For Fourth Straight Month

via: SeekingAlpha at 2019-02-08 02:34:31:000

By SchiffGold Total holdings of gold in gold-backed ETFs grew for the fourth straight month in January. Globally, ETFs added 72 tons of the yellow metal to their holdings last month, according to the latest data released by the World Gold Council. This brought the total amount of gol… read more...

Canary In A Gold Mine

via: SeekingAlpha at 2019-02-08 01:39:58:000

By Philip Lawlor, managing director, global markets research After the market rout in late 2018, our Market Maps report for January showed a strong rebound in a wide range of risk-on assets. The rise was almost a mirror image of December's falls: cyclical stocks outperformed defensive, US … read more...

Global Precious MMI: Platinum-Palladium Spread Is The Largest In MMI History

via: SeekingAlpha at 2019-02-08 01:09:45:000

Original post By Taras Berezowsky Last month, we wrote that winter was apparently "just heating up" for the Global Precious Monthly Metals Index ((MMI)). Turns out we were right. The subindex tracking a basket of gold, silver, platinum and palladium prices from four different g… read more...

A Short-Term Test Of Gold's Currency Component

via: SeekingAlpha at 2019-02-07 11:54:39:000

The last few months have been extremely rewarding for gold investors. The gold price gained 10% from its August 2018 lows and with hardly a pullback along the way. After this impressive performance, however, its only natural to expect gold to give back at least a small portion of its r… read more...

Seasonal Strength Pushing Gold Higher

via: SeekingAlpha at 2019-02-06 23:19:33:000

We have a seasonal trade coming in the April gold futures any day now. Our seasonal approach is a bit different than most in that we go beyond determining seasonal bias and create a thoroughly thought out trade, including a realistic risk to reward profile. Gold tends to exhibit a broad tren… read more...

Gold's Ducks Are Still In A Row

via: SeekingAlpha at 2019-02-06 14:12:53:000

Despite the gradual loss of safety-related demand, golds intermediate-term rising trend remains strong. In todays report well review the factors which continue to support a buoyant gold price even as investors collective worry level recedes. This includes a fav… read more...

Groundhog Day For Markets?

via: SeekingAlpha at 2019-02-06 09:55:53:000

If Punxsutawney Phil was a Macro Hedge Fund Manager, we believe he would be shorting risk-off and going long risk on - Groundhog day is almost here and the Shadow of December 2018 is not frightening this dice rolling rodent. The jobs market surged in December, wages are now improving at a he… read more...

Just Another 20-Year Bear Market For Gold?

via: SeekingAlpha at 2019-02-06 07:11:23:000

The 70s were an amazing time for gold and the mining stocks, as they went on a mega bull run and generated astronomical returns while the stock market floundered. However, by 1980, the price of gold peaked at over $800 per ounce and then entered a 20-year bear market. From 2001-2011, gold we… read more...

Gold And Gold ETFs Were Shining In January; What To Expect Next?

via: SeekingAlpha at 2019-02-06 04:02:40:000

Gold did very well in January. The price of the yellow precious metal grew by 3%, fueled by the global political uncertainty, U.S. government shutdown, and the expectations that the Fed will ease the tempo of interest rate hikes. Along with the gold price, share prices of ETFs holding physical… read more...

Why The Fed Easing Is Not Necessarily Bullish For Gold

via: SeekingAlpha at 2019-02-05 15:02:57:000

Gold (GLD)(IAU) has done well recently as the chart below indicates. In about four months, gold prices have increased by about 120 points from 1200 to 1320 after going nowhere for some time. For a while, it even seemed like gold would break down to new lows with the stock market setting new hi… read more...

A Temporary Loss Of Gold's Fear Factor

via: SeekingAlpha at 2019-02-05 13:15:31:000

Golds latest rally has suffered from a loss of upside momentum in recent days, due partly to positive U.S. economic data and a subsequent loss of the fear factor. With fear diminishing and the U.S. dollar trying to rally, today well discuss the possibility that … read more...

Sentiment Speaks: Metal Market Extremes Test Your Mettle

via: SeekingAlpha at 2019-02-05 08:00:00:000

I am often asked by many to see the type of analysis I provide to our members of the Market Pinball Wizard. So, rather than write a separate public article on metals this week, I am going to re-publish my analysis posted to my members over the past weekend. However, I am leaving the charts out… read more...

Gold

via: SeekingAlpha at 2019-02-05 04:49:16:000

What do 72 countries - including developed nations such as Canada, Australia, Japan, and Sweden; emerging giants such as Argentina, Brazil, Mexico, Nigeria, India, Iran, and Russia; and small countries such as Burundi, Haiti, Myanmar, Syria, and Tonga - all have in common? Not much, you migh… read more...

Will The Year Of The Pig Be Big For Gold? - Weekly Wrap-Up (Feb 1, 2019)

via: SeekingAlpha at 2019-02-05 02:19:34:000

By Craig Hemke As the Chinese Year of the Pig kicks off next week, Eric Sprott breaks down the latest gold and silver news and tells us: Will 2019 bring home the bacon for gold investors? In this edition of the Wrap-Up, you'll hear: What the Fed "cave-in" means for precious metals … read more...

Central Banks Haven't Bought This Much Gold Since Nixon Closed The Gold Window

via: SeekingAlpha at 2019-02-05 01:50:31:000

Something big is happening in the gold market right now, and nowhere is that more apparent than in central banks of emerging economies. Last year was a watershed in the size of official gold purchases, as banks added an incredible 651.5 tonnes (worth some $27.7 billion) to their holdings, acco… read more...

Weekly Fund Wrap: The End Is Nigh

via: SeekingAlpha at 2019-02-04 16:48:16:000

Over the past few years, the Fed has used two main levers in its management of monetary policy: short-term interest rate hikes and balance sheet management. The latter policy was viewed by the Fed as largely a technical adjustment of a previous policy (QE) that was no longer required now that … read more...

SPY: It's A Bull Trap, Sell The Rally

via: SeekingAlpha at 2019-02-04 15:47:33:000

I continue to believe that the recent rally in the major U.S. indices is simply an oversold bounce and the December 2018 lows will be retested. I also believe a position in gold as well as select gold mining stocks will outperform general equities over the years to come. Below I discuss my… read more...

IAU: The Fed Just Provided Confirmation For Gold Bulls

via: SeekingAlpha at 2019-02-04 13:30:00:000

Following mostly sideways performance for about a month, the shares Gold Trust ( IAU ) ETF is up 11.09% since Dec. 24, 2018. The performance of gold is strongly inversely correlated to movements in the US dollar, because the metal is a dollar-denominated commodity. The stronger the USD becomes… read more...

Gold Rally Is Not Over Yet

via: SeekingAlpha at 2019-02-04 12:18:12:000

It's been two months of intense stress for the financial markets. We assisted at one of the worst December performance in recent history, driven by uncertainty around China and USA trade deals, and some question marks on the Brexit deal. During the same timeframe, Gold spiked from $1200/Oz lev… read more...

What Could Possibly Derail The Gold Rally?

via: SeekingAlpha at 2019-02-04 09:56:05:000

In the last few months Ive used this report to make the bullish intermediate-term (3-9 month) case for gold. That outlook appears to still be sound based on the weight of technical and fundamental evidence. But sometimes its important to consider all that could go wrong to upse… read more...

The Set-Up For Gold Looks Attractive In 2019

via: SeekingAlpha at 2019-02-04 06:39:29:000

Overview I have written several articles on the economy and the Fed recently, but I wanted to specifically focus on gold in this article. Precious metals have broken through important technical levels but look a bit overbought in the short term. Regardless, the recent weak economic data and … read more...

Alex Merk: Higher Rates And Market Risks

via: SeekingAlpha at 2019-02-04 04:25:53:000

Welcome to this week's Market Wrap Podcast, I'm Mike Gleason. Coming up Axel Merk of Merk Investments joins me for a terrific conversation about gold, the Fed, stocks and the dollar. And find out why he believes investors will soon realize that it DOES matter again about where you put y… read more...

Goldman Sachs Is Probably Understating The Bullish Outlook For Gold Prices

via: SeekingAlpha at 2019-02-04 03:53:08:000

Goldman Sachs has already revised its predictions for the gold price for 2019. The Wall Street titan now predicts a good but not great year for the yellow metal, with its price rising a credible 12 percent to $1,450. Actually, in the present troubled financial markets, it is rather strange t… read more...

Gold Puts Up Another Bullish Signal

via: SeekingAlpha at 2019-02-03 06:00:00:000

Gold is a unique asset. As a metal that comes from the crust of the earth, gold has properties that make it a required ingredient in a variety of industrial products. The precious metal is one of the densest metals of all, and it is an excellent conductor of both heat and electricity. Gold is … read more...

Gold Above A 'Golden Cross'; Commodities Rebound Continues As The Dollar Is Vulnerable

via: SeekingAlpha at 2019-02-03 04:01:57:000

Here are the daily charts for the gold, commodities and the dollar ETFs. The Gold Trust ETF tracks the spot price of gold and is said to be backed by gold bars in vaults in London. SPDR Gold Trust (NYSEARCA: GLD ) Courtesy of MetaStock Xenith The Gold ETF ($124.50 on Feb. 1) … read more...

This Week In Money - February 2 , 2019

via: SeekingAlpha at 2019-02-03 02:20:01:000

Ross Clark Precious metals, US dollar, Canadian dollar Anthony Scaramucci Markets, uptick rule, international trade. Victor Adair Global economy, crude oil . Larry Reaugh President & CEO of American Manganese Inc. Simon Dya… read more...

Gold Is Making A Comeback

via: SeekingAlpha at 2019-02-02 05:51:21:000

Original post By Stuart Burns Gold has been the metal to hold these last few months. While the base metals index has been at best trading sideways - and in many instances, gradually weakening - gold has been making a comeback. Even before the Fed's announcements in January 2019, go… read more...

The Powell Put Is On! SchiffGold Friday Gold Wrap 02.01.19

via: SeekingAlpha at 2019-02-02 01:27:20:000

By SchiffGold The SchiffGold Friday Gold Wrap podcast combines a succinct summary of the week's precious metals news coupled with thoughtful analysis. The Federal Reserve held its Open Market Committee Meeting this week, and it looks like the Powell Put is on in full-force. In this … read more...

Leveraged ETF Decays - Update

via: SeekingAlpha at 2019-02-01 11:58:35:000

I measure once a month the decay of major leveraged ETFs. It may be useful for anyone using leveraged ETFs for investing, trading, or hedging. Where does the decay come from? Most of the time, a leveraged ETF does worse than the underlying asset leveraged by the same factor. This relativ… read more...

Crash Protection For AngloGold Ashanti

via: SeekingAlpha at 2019-02-01 11:35:11:000

Molten gold being poured into bar molds (photo via CNBC ). Bloomberg's Reasons To Be Bullish On Gold In the tweet below posted early on Friday, Bloomberg Markets offered a few reasons for continued bullishness on gold. Among those reasons were the Fed's pause in raising rates; … read more...

Why The Fed Did Not Go 'Risk On' And What To Do Now

via: SeekingAlpha at 2019-02-01 10:56:13:000

What the Fed did and said Wednesday Facts first, interpretation second, trading and investing thoughts last. Here is the key part of what the Federal Open Market Committee's statement said Wednesday: …the Committee decided to maintain the target range for the federal funds rate at 2... read more...

Jobs: Headline beat, but some misses underneath

via: SeekingAlpha at 2019-02-01 08:47:23:000

Alongside January's 304K job gain , November's print was revised higher by 20K to 196K, but December's was trimmed by a whopping 90K to 222K. The last three months have now seen an average job gain of 241K. More news on: Invesco QQQ ETF, SPDR Gold Trust ETF, Invesco DB USD Bullish ETF, T… read more...

Silver Shortage To Send Price Soaring Above $20 In 2019

via: SeekingAlpha at 2019-02-01 04:48:06:000

Silver peaked just shy of $50 during April of 2011. The price has been correcting ever since, falling below $14 per ounce in 2016 and again late last year. But there is a silver lining to such a deep and protracted price correction. With silver prices under $20 per ounce for so long, a signi… read more...

Peak Gold And The Coming Supply Crunch

via: SeekingAlpha at 2019-02-01 04:31:02:000

During the lackluster and otherwise unremarkable trading of 2018, a hugely important development took place in the precious metals markets. Gold production, in the estimation of some top industry insiders, peaked. Peak gold represents the point at which the total number of ounces being pulle… read more...

Global Gold Demand Grew By 4% In 2018

via: SeekingAlpha at 2019-02-01 03:21:26:000

By SchiffGold Global gold demand grew by 4% in 2018, driven by a multi-decade high in central bank buying, according to the World Gold Council 's Gold Demand Trends 2018 Report. Gold demand came in at 4,345.1 tons in 2018. That was up from 4,159.9 tons the previous year. This was in lin… read more...

Dovish Fed Turbo Charges Precious Metals Stocks

via: SeekingAlpha at 2019-01-31 11:34:55:000

Preamble After six torrid years in the precious metals sector of the market gold and the associated mining stocks have given us a glimmer of hope. There are two main drivers behind this, the first is that the markets in general are retreating and investors are looking for alternative … read more...

Fed Sends Bullish Signal For Gold Investors

via: SeekingAlpha at 2019-01-31 10:50:25:000

The outlook for gold continues to brighten now that it no longer has to compete with higher interest rates. In todays report, well discuss the Federal Reserves latest interest rate statement and its impact on the bullion price. Well also examine golds … read more...

Schiff, Holmes, Hug And Sebag On The Ultimate Gold Panel (Video)

via: SeekingAlpha at 2019-01-31 02:03:44:000

By SchiffGold Peter Schiff recently participated in the Ultimate Gold Panel at the Vancouver Resource Investment Conference. Hosted by Daniela Cambone of Kitco News, the panel delved into a deep discussion about the future of gold based on both historical analysis and current economic … read more...

Stocks add to gains after Fed retreat

via: SeekingAlpha at 2019-01-30 14:25:48:000

The FOMC held rates as expected, but also pulled any language about future rate increases, and also laid the groundwork for a halt this year in its balance sheet runoff. More news on: Invesco QQQ ETF, SPDR S&P 500 Trust ETF, SPDR Gold Trust ETF, Top stock market news, Stocks on the mov… read more...

Macro Ops Podcast: Macro Ops Monthly Intelligence Report, Dollar, Tesla And Birds With Alex Barrow

via: SeekingAlpha at 2019-01-30 05:23:09:000

Chris sits down and chats with Macro-Ops Co-Founder Alex Barrow. This one goes deep! If you are looking for an abridged version of the Monthly Intelligence Report, this isnt it. If you want to download Alexs views on the markets into your brain operating group, this is the ep… read more...

This Bull Market Is 'Snorting' Again - Going On 10 Years

via: SeekingAlpha at 2019-01-30 01:25:36:000

By Gary Alexander This bull market is intact. We never reached a 20% correction in the S&P 500 on a closing basis. Last Christmas Eve brought us down 19.8% from the September 20 peak, but that was the second time that this bull market retreated over 19% without touching 20%. (The other… read more...

The 'Paradox Of Inflation' For Stocks... And A Potentially Massive Opportunity

via: SeekingAlpha at 2019-01-29 23:48:32:000

Sussex, England "murmur murmur murmur Brexit mumble mumble mumble Brexit mutter mutter mutter Brexit" Repeat endlesslyad infinitum For as long as I can remember, there's been a source of background noise at my parents' house in England, which is where I'm … read more...

The Economics Of Immigration, Part II

via: SeekingAlpha at 2019-01-29 17:28:28:000

Source "The reality is that the United States cannot survive without waves of immigrants. It's never been able to grow without immigrants, and there's no reason to believe it can now.The US economy has always depended on a constant inflow of low-paid workers. What has been true si… read more...

Weekly Fund Wrap: Long Live Late Cycle

via: SeekingAlpha at 2019-01-29 14:22:40:000

The US government shutdown has ended as President Trump signed a reopening of government for an interim period. The CBO calculates the shutdown cost the economy $11bn, $8bn of which is expected to be recouped. A Chinese trade delegation arrived in Washington on Monday for an additional round… read more...

McCullough: Our Top 3 Longs Right Now

via: SeekingAlpha at 2019-01-29 13:05:19:000

Were bearish on the U.S. equity market as a whole here at Hedgeye. But that doesnt mean there arent some things we like on the long side. Several long ideas have been working well for our subscribers to kick off 2019. That includes REITs ( VNQ ). Hedgeye CEO Keith M… read more...

Gold Isn't Sweating The Interest Rate Outlook

via: SeekingAlpha at 2019-01-29 11:52:25:000

As Wall Street anxiously awaits the Federal Reserves interest rate policy decision on Wednesday, the gold market remains unconcerned. Instead, its confirming that the intermediate-term outlook for the yellow metal remains strong. As well review in todays report,… read more...

Gold Weekly: On The Rise

via: SeekingAlpha at 2019-01-29 11:34:26:000

ON THE RISE , Fran McNamara (Saatchi Art) Introduction Welcome to my Gold Weekly. In this report, I wish to discuss mainly my views about the gold market through the World Gold Shares SPDR Gold Minishares Trust ETF ( GLDM ). GLDM is directly impacted by the vagaries of gold spot price… read more...

This just in: Gold hits 7-month high

via: SeekingAlpha at 2019-01-29 09:40:28:000

Gold is up just modestly today, but at $1,308 per ounce, it's touched its highest level since mid-June. More news on: SPDR Gold Trust ETF, iShares Gold Trust ETF, Sprott Physical Gold Trust, Commodities news, Stocks on the move, Top stock market news, News on ETFs, Read more … read more...

The National Debt Math Doesn't Add Up

via: SeekingAlpha at 2019-01-29 09:33:02:000

When it comes to the national debt, it amazes me how the debt is such an important Presidential campaign issue to criticize the past President while running for office, but once the incumbent takes the reins, Congress and special interest groups take over and get to work spending every dime an… read more...

Sentiment Speaks: Where Can I Get A Good Pastrami Sandwich While I Wait For My Gold?

via: SeekingAlpha at 2019-01-29 08:00:00:000

There has been no trade more frustrating than the metals complex for the last several years. In fact, I cannot remember the last time I had to wait so long for a pullback to complete. So, while I have been waiting, I have been getting quite hungry. So, can anyone recommend a good place to get … read more...

10 Factors To Look For In Gold In 2019

via: SeekingAlpha at 2019-01-29 06:32:34:000

The following is a list of the ten most important factors likely to affect gold in 2019. I have grouped them under two broad headings, economic developments, and factors affecting gold itself. Possible economic developments to look for It's late in the credit cycle, and it appears the en… read more...

The Deflating Stock Bubble Will Fuel A Bull Move In Mining Stocks

via: SeekingAlpha at 2019-01-29 06:04:17:000

"The economic and financial condition of the U.S. and global economy is similar to that of 2008, although I think now it's a lot worse than it was back then… the 'gravity' of true fundamentals has finally gotten ahold of stocks..." Fundamentals ultimately drive value. In terms of the funda... read more...

Gold And Gold Miners: A Long-Term Perspective

via: SeekingAlpha at 2019-01-28 08:15:12:000

This post is divided into 2 parts: Part 1 - Gold The 2 charts below sum up my positive view on gold. The first is the long-term chart of US nominal GDP growth. US Nominal GDP As you can see, nominal US GDP has been slowly falling since its post world war peak in 1973. The second is rea… read more...

Greg Weldon Exclusive: Gold Is Rallying In All Other Fiat Currencies

via: SeekingAlpha at 2019-01-27 12:23:30:000

Welcome to this week's Market Wrap Podcast, I'm Mike Gleason. Coming up Greg Weldon of Weldon Financial joins us for a 2019 outlook. I'll ask him if he thinks the recent stock market rally has legs - and also for his forecast for gold this year. And Greg has some very interesting news r… read more...

Gold Forms A 'Golden Cross', Commodities Rebounding As The Dollar Fades

via: SeekingAlpha at 2019-01-27 10:53:46:000

Here are the daily charts for the gold, commodities and the dollar ETFs. The gold trust ETF tracks the spot price of gold and is said to be backed by gold bars in vaults in London. Last Thursday, we learned that China added gold to its foreign reserves while reducing holdings in U.S. t… read more...

Gold Pulls Back And Snaps Back - Levels To Watch

via: SeekingAlpha at 2019-01-27 06:30:00:000

The price of gold reached its all-time peak in 2011 at $1920.70 per ounce. A series of lower highs and lower lows led to a bottom in December 2015 at $1046.20 when the US Federal reserve shifted from a prolonged period of accommodation to tightening credit. The bounce from the low led to a r… read more...

The Government Is Closed! But Is It? SchiffGold Friday Gold Wrap 01.25.19

via: SeekingAlpha at 2019-01-27 05:24:28:000

By SchiffGold The SchiffGold Friday Gold Wrap podcast combines a succinct summary of the week's precious metals news coupled with thoughtful analysis. The US government is closed! Or so we're told. But is it - really? Mike Maharrey talks about the shutdown in this week's Friday Gold… read more...

This Week In Money - January 26, 2019

via: SeekingAlpha at 2019-01-27 04:22:59:000

Ross Clark Gold. Stock markets. Robert Campbel l US dollar, trade with China, credit. Allan Mark Angell Collapse of the luxury housing market. Larry Reaugh President & CEO of American Manganese Doug Mason CEO of Naturally Sp… read more...

Asset Class Performance YTD Through 1/25 (ETF Matrix)

via: SeekingAlpha at 2019-01-26 07:52:02:000

Below is a look at the recent performance (total returns) of various asset classes using our key ETF matrix. For the week, the S&P 500 (SPY) was down 26 basis points, but it's still up 6.35% YTD. Since the 9/20/18 peak for SPY, the ETF is now down 8.52%. While SPY is down 8.52% from its … read more...

Did The Fed Just Signal The Low In Gold And Silver? - David Brady (25/01/2019)

via: SeekingAlpha at 2019-01-26 06:52:08:000

By David Brady The big news today is the following headline from the Wall Street Journal: Fed Officials Weigh Earlier-Than-Expected End to Bond Portfolio Runoff The implication is that the Fed is considering ending the balance sheet reduction program much earlier than anticipated, a … read more...

Why Everyone's Talking About Gold And Silver

via: SeekingAlpha at 2019-01-26 06:02:09:000

If you have been following some of the research posts by some of the biggest names in the precious metals industry, you may understand "why" so many people are so excited about the opportunities in gold and silver recently. There are so many facets to the fundamental and emotional functions of… read more...

Gold Stocks' Upleg Pauses

via: SeekingAlpha at 2019-01-26 00:05:15:000

The gold miners' stocks have slumped in January, tilting sentiment back to bearish. This sector's strong December upward momentum was checked by gold's own upleg stalling out. Gold investment demand growth slowed on the blistering stock market rally. But uplegs always ebb and flow, and this yo… read more...

The Economics Of Immigration, Part I

via: SeekingAlpha at 2019-01-25 17:24:13:000

The Statue of Liberty in New York Source "The bosom of America is open to receive not only the Opulent and respected Stranger, but the oppressed and persecuted of all Nations and Religions; whom we shall welcome to a participation of all our rights and privileges" (Georg… read more...

Platinum - A Bearish Enigma

via: SeekingAlpha at 2019-01-25 06:30:00:000

The price action in the precious metals sector of the commodities market has been constructive since prices fell to lows in gold and palladium in mid-August and when silver experienced a false break to the downside in mid-November. Silver is trading above $15.30 per ounce, and at the beginning… read more...

Safe Haven Market For 2019?

via: SeekingAlpha at 2019-01-25 02:26:32:000

"Which Safe Haven Market Will Dominate in 2019?" In my January 2019 Metals Investor Forum Speech, I explain why I think money may flow into gold as well as U.S. Treasuries as U.S. equities enter a prolonged bear market in 2019. The topic assumes 2019 will be a rough year for equities an… read more...

Peter Schiff: A Lot More People Should Be Looking At Gold (Video)

via: SeekingAlpha at 2019-01-25 02:12:57:000

By SchiffGold Peter Schiff recently sat down with Daniela Cambone on Kitco News and talked about gold, the phony government shutdown, and his track record on economic forecasting. Daniela mentioned recent mainstream interested in gold, particularly the fact that we have billionaires buy… read more...

China Officially Adds To Gold Reserves As It Shifts Away From The U.S. Dollar

via: SeekingAlpha at 2019-01-25 02:02:02:000

By SchiffGold China officially added gold to its reserves last month for the first time in two years. Meanwhile, the Chinese have been shrinking their holdings of US Treasuries. According to the Nikkei Asian Review , the moves are intended to reduce dependence on the US dollar. Accordin… read more...

Should We Sell Stocks Because Of The Consumer Sentiment Slide?

via: SeekingAlpha at 2019-01-24 14:29:51:000

The University of Michigan Consumer Sentiment Index, published Friday January 18, 2019, marked serious slippage from its prior reporting at the end of December. As you might expect, a variety of issues were cited behind the decline in the consumer mood, with the government shutdown, U.S. trade… read more...

This Billionaire Just Bought Gold For The First Time In His Life

via: SeekingAlpha at 2019-01-24 12:02:12:000

Billionaire Sam Zell just announced that he bought gold for the very first time in his life because, as he puts it, it is a good hedge. In a recent Bloomberg interview, the Equity International founder and creator of the real estate investment trust (REIT) admitted to seeing an… read more...

Top Silver Stocks For 2019

via: SeekingAlpha at 2019-01-24 11:53:54:000

Top Silver Stocks for 2019 SIL data by YCharts Each year around December/January, I like to list my top overall silver stocks picks for the upcoming year. My goal is to outperform both the physical price of silver ( SLV ) as well as silver miners as a whole, using the Global X Silver… read more...

Copper Is Waiting For A Trade Deal - A Sign Of Life Last Week

via: SeekingAlpha at 2019-01-24 06:30:00:000

Copper is a bellwether commodity, and while many market participants never take a long or short position in the red metal, most watch the price of copper. Copper is a barometer for the economic wellbeing of the global economy. The base metal is also the leader of the nonferrous sector of the c… read more...

Shifting Reasons To Buy Gold - Precious Metals Supply And Demand

via: SeekingAlpha at 2019-01-24 03:56:52:000

Intermarket Correlation Dance Monday was Martin Luther King Day in the US. The price of gold dropped six bucks last week. The price of silver fell 26 cents, a greater percentage. The price of gold can sometimes correlate well with the price of stocks. For example, from April 2009-July 2011… read more...

Nikkei: China boosts gold for first time in two years

via: SeekingAlpha at 2019-01-24 01:07:24:000

China added gold to its foreign reserves last month for the first time in two years, Nikkei reports, amid continuing cutbacks in its holdings of U.S. Treasurys. More news on: SPDR Gold Trust ETF, iShares Gold Trust ETF, Sprott Physical Gold Trust, Global news and forex, Commodities news,… read more...

Global Growth Worries Boost Gold Demand

via: SeekingAlpha at 2019-01-23 15:54:12:000

Just when it looked like golds fear factor might be fading, worries over the strength of the global economy have come to the rescue. In todays report, well examine the developments which should help keep golds fear component strong and allow its … read more...

Prepare For A Deep Recession And Bear Market

via: SeekingAlpha at 2019-01-23 15:12:54:000

Well, I did warn you, indirectly at least. On November 2, 2017, I wrote an article titled " Beware 2-2.5%, Credit Ratings, And Debt ." I hinted that a stock market peak could happen when the Fed Funds rate was about 2.0-2.5%, thinking that could be when the 30-year treasury meets the Fed Funds… read more...

How The American Consumer Is Worse Off Today Than In Previous Decades

via: SeekingAlpha at 2019-01-23 15:01:28:000

You may not realize it, but you are the engine of global economic growth. You have been for quite some time. Every time you, along with hundreds of millions of other Americans, shop at grocery stores or Walmart or Amazon, you are increasing the prosperity of countless others. Think of the Ar… read more...

GLD Is Now Relevant Again

via: SeekingAlpha at 2019-01-23 09:04:18:000

Back in September 2018, in my article " Gold: Bearish Sentiment Yet Bullish Fundamentals ," I made the argument that, over the last 5+ years, anytime readings on the gold COT report reached this extreme, gold was much higher a few months later. The chart below shows how, at the time, large spe… read more...

Here's Why The Price Of Palladium Just Zoomed Past Gold

via: SeekingAlpha at 2019-01-23 05:31:37:000

Palladium might not fill headlines the way gold does, but its been on fire lately. Not only has the precious metal been the best performing commodity for two years straight, but its price also just shot past gold for the first time since 2001. For the first time ever, it broke throug… read more...

What's In Store For The Precious Metals Sector In 2019?

via: SeekingAlpha at 2019-01-23 03:24:14:000

The Newmont ([[NEM]])/Goldcorp ([[GG]]) merger is the second mega-deal in the industry after Barrick ([[GOLD]]) acquired RandGold in September. Without question, the two deals reflect the growing need for large gold and silver mining companies to replace reserves, which are being depleted at t… read more...

Is There A Gold/Bitcoin Correlation?

via: SeekingAlpha at 2019-01-23 02:26:08:000

By Jim Iuorio At a Glance Among the two major alternative currencies, gold has emerged on the upside, at least temporarily. On November 14, 2018, CME bitcoin futures broke through the important $6,000 support level and lost more than 40 percent of their value in the next 12 days…. read more...

All Time High Gold Volume - What It Means For Investors

via: SeekingAlpha at 2019-01-22 12:46:11:000

It is important for investors in physical gold to periodically follow what is happening in other segments of the precious metals industry. Today we will examine volume in the futures market. Futures contracts represents the ownership of gold at a future time. As designated by the contract ex… read more...

Can Gold Retain Its Safe-Haven Status?

via: SeekingAlpha at 2019-01-22 11:02:20:000

A question being asked by participants as global markets rebound is whether the gold price can maintain its upward trend? That gold benefited from the extreme financial market volatility late last year cant be denied. So with volatility on the wane, many wonder if golds number … read more...

Are We In The Shortest Recession Ever?

via: SeekingAlpha at 2019-01-22 10:23:17:000

I'm not afraid of storms, for I'm learning how to sail my ship. - Louisa May Alcott Were in a recession! Things are about to get ugly! Hold on! No seriously. Hold on. For all of the rhetoric around a recession that is either coming or already happening, it&#x2… read more...

Global Silver Production May Decline More Than Analysts' Forecasts

via: SeekingAlpha at 2019-01-22 01:21:35:000

The global mine supply from the top silver-producing countries may decline more than the industry forecasts. The leading consultancies reported that global silver production would increase moderately by 1-2% in 2018. However, the data from several countries and large mining companies suggest t… read more...

Mutual Fund Investors Duck For Cover, While APs Keep The Pedal To The Metal In December

via: SeekingAlpha at 2019-01-22 00:37:00:000

Photo Source: REUTERS/Jeenah Moon. A screen displays the Dow Jones Industrial Average after the close of trading on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., December 28, 2018. For the third month in four, investors were net sellers of mutual fund assets, with… read more...

Weekly Fund Wrap: Caution Ahead

via: SeekingAlpha at 2019-01-21 16:46:58:000

The political standoff in Washington appeared to grow as Nancy Pelosi suggested the President cancel the state of the union address while President Trump grounded a military flight for the Democratic Congressional delegation to Afghanistan. On Saturday the White House offered an apparent compr… read more...

China Rebound Will Lift Commodity Prices

via: SeekingAlpha at 2019-01-21 14:04:34:000

Could a revival of China's financial market and manufacturing sector prospects in 2019 stimulate higher prices for commodities? That's what many commodity traders are banking on, and there are reasons to support this optimistic outlook. In today's report, we'll examine the exciting development… read more...

Gold Holding Key Level, Commodities Are Positive And The Dollar Is Negative

via: SeekingAlpha at 2019-01-21 01:48:25:000

Here are the weekly charts for the gold, commodities and the dollar ETFs. The gold trust ETF tracks the spot price of gold and are said to be backed by gold bars in vaults in London. SPDR Gold Trust (NYSEARCA: GLD ) Courtesy of MetaStock Xenith The Gold ETF ($121.03 on Jan. 1… read more...

Gold And Silver Are Loving The Gov't Shutdown Conflict; David Morgan: Expect Stagflation And Silver Outperformance In 2019

via: SeekingAlpha at 2019-01-20 05:17:31:000

Welcome to this week's Market Wrap Podcast, I'm Mike Gleason. Coming up our good friend David Morgan of The Morgan Report joins me for a conversation on a range of topics, including his 2019 outlook for a number of different asset classes, most notably gold and silver. Don't miss a fa… read more...

To All You Scoffers: Friday Gold Wrap 01.18.19

via: SeekingAlpha at 2019-01-20 05:00:58:000

By SchiffGold The SchiffGold Friday Gold Wrap podcast combines a succinct summary of the week's precious metals news coupled with thoughtful analysis. Peter Schiff gets a lot of scoffers. "You've been saying the same thing for years and nothing has happened." It's easy to throw rock… read more...

This Week In Money - January 19, 2019

via: SeekingAlpha at 2019-01-20 02:59:29:000

Ross Clark Stock markets, gold, crude oil, Canadian dollar. Rick Rule Gold, silver, his biggest win. Wolf Richter - Automotive sector, global slowdown, US dollar. Larry Reaugh - President & CEO of American Manganese Inc. Jim Pettit … read more...

Market Volatility Bulletin: January Continues To Smile On Equities

via: SeekingAlpha at 2019-01-18 15:43:30:000

Market Intro CNBC: Friday 2:47 EST Spot VIX is holding its own while stocks ( SPY , DIA , QQQ , IWM ) continue their intrepid rally higher. Bloomberg According to Bloomberg, a major catalyst for today's positive movement in stocks may be on account of China extending an oliv… read more...

Market Volatility Bulletin: January Continues To Smile On Equities

via: SeekingAlpha at 2019-01-18 15:43:30:000

Market Intro CNBC: Friday 2:47 EST Spot VIX is holding its own while stocks ( SPY , DIA , QQQ , IWM ) continue their intrepid rally higher. Bloomberg According to Bloomberg, a major catalyst for today's positive movement in stocks may be on account of China extending an oliv… read more...

GLD: Daily Cycle Low Looks Imminent

via: SeekingAlpha at 2019-01-18 15:12:04:000

Yesterday, we exited some equity positions which were not working out and also some leveraged ETFs in the precious metals sector. The three specific ETFs which we sold were Direxion Daily Gold Miners Index Bull 3x Shares ( NUGT ), Direxion Daily Junior Gold Miners Index Bull 3x Shares ( JNUG )… read more...

GLD: Daily Cycle Low Looks Imminent

via: SeekingAlpha at 2019-01-18 15:12:04:000

Yesterday, we exited some equity positions which were not working out and also some leveraged ETFs in the precious metals sector. The three specific ETFs which we sold were Direxion Daily Gold Miners Index Bull 3x Shares ( NUGT ), Direxion Daily Junior Gold Miners Index Bull 3x Shares ( JNUG )… read more...

Gold Surges On Stock Selloff

via: SeekingAlpha at 2019-01-18 13:12:45:000

Gold investment demand reversed sharply higher in recent months, fueling a strong gold rally. The big stock-market selloff rekindled interest in prudently diversifying stock-heavy portfolios with counter-moving gold. These mounting investment-capital inflows into gold are likely to persist and… read more...

Gold Surges On Stock Selloff

via: SeekingAlpha at 2019-01-18 13:12:45:000

Gold investment demand reversed sharply higher in recent months, fueling a strong gold rally. The big stock-market selloff rekindled interest in prudently diversifying stock-heavy portfolios with counter-moving gold. These mounting investment-capital inflows into gold are likely to persist and… read more...

Gold Sits Just Under $1,300 - The Trend Is Your Friend

via: SeekingAlpha at 2019-01-18 06:00:00:000

The gold futures market has settled into a narrowing trading band that near the highest price for the yellow metal since June 2018. Gold put in a double top trading pattern on the weekly and monthly charts last year as the price rose to a high at $1365.40 which was $12.10 below the 2016 post… read more...

Gold Sits Just Under $1,300 - The Trend Is Your Friend

via: SeekingAlpha at 2019-01-18 06:00:00:000

The gold futures market has settled into a narrowing trading band that near the highest price for the yellow metal since June 2018. Gold put in a double top trading pattern on the weekly and monthly charts last year as the price rose to a high at $1365.40 which was $12.10 below the 2016 post… read more...

The Shadow Knows

via: SeekingAlpha at 2019-01-18 01:04:36:000

The Shadow: Orson Welles, 1938 ( Source ) Who knows what evil lurks in the hearts of men? The Shadow knows! (Actor Frank Readick, Jr., 1937 radio show The Shadow ) Introduction There has been a fair amount of debate about whether the Fed has raised… read more...

The Shadow Knows

via: SeekingAlpha at 2019-01-18 01:04:36:000

The Shadow: Orson Welles, 1938 ( Source ) Who knows what evil lurks in the hearts of men? The Shadow knows! (Actor Frank Readick, Jr., 1937 radio show The Shadow ) Introduction There has been a fair amount of debate about whether the Fed has raised… read more...

Why I'm Holding Cash And Gold: Worsening Bond/Debt Outlook

via: SeekingAlpha at 2019-01-17 20:33:51:000

I have a highly diversified portfolio of U.S. equities, international equities, REITs, bonds, and precious metals. For the equity portion of my portfolio, I'm overweight high-quality, low-debt North American dividend stocks and emerging markets ETFs. Recently, I shifted my bonds to being v… read more...

Why I'm Holding Cash And Gold: Worsening Bond/Debt Outlook

via: SeekingAlpha at 2019-01-17 20:33:51:000

I have a highly diversified portfolio of U.S. equities, international equities, REITs, bonds, and precious metals. For the equity portion of my portfolio, I'm overweight high-quality, low-debt North American dividend stocks and emerging markets ETFs. Recently, I shifted my bonds to being v… read more...

2018 In The Numbers And What It Means For 2019 - Part VI: Currencies

via: SeekingAlpha at 2019-01-17 11:00:08:000

There is no future without a past, because what is to be cannot be imagined except as a form of repetition. - Siri Hustvedt Background Normally, in a broadly-diversified portfolio, there's something that's working well, in any given year. The most intuitive example is the (histori… read more...

Dual Momentum January Update

via: SeekingAlpha at 2019-01-17 05:11:00:000

Scott's Investments provides a free "Dual ETF Momentum" spreadsheet which was originally created in February 2013. The strategy was inspired by a paper written by Gary Antonacci and available on Optimal Momentum. Antonacci's book , Dual Momentum Investing: An Innovative Strategy for Higher Re… read more...

Chen Lin And Michael Oliver On Top Picks For 2019, Updates On Gold And Other Markets Of Importance

via: SeekingAlpha at 2019-01-17 01:36:07:000

Chen Lin and Michael Oliver return as this weeks guests. Chen returned this week to provide commentary on some of his favorite stocks for 2019, and Michael provides his usual updates on gold and other markets of greatest importance. Chen Lin had been a doctoral cand… read more...

Gold Weekly: Macro Investors On The Defensive

via: SeekingAlpha at 2019-01-16 21:55:39:000

On the Defensive , Junsoo Kim (Saatchi Art) Introduction Welcome to my Gold Weekly. Let me start this introduction by expressing all my wishes to you and yours for 2019. My most important wish is health. In this report, I wish to discuss mainly my views about the gold market through… read more...

Government Shutdown: Melt-Up Or Sucker's Rally?

via: SeekingAlpha at 2019-01-16 13:18:04:000

Start every day off with a smile and get it over with. - W. C. Fields Its good to know markets can actually move in more than one direction, isnt it? Last year, for lack of a better way of saying it, simply sucked. The three major declines of February, Oct… read more...

Gold's Long-Term Relative Strength Advantage

via: SeekingAlpha at 2019-01-16 12:26:40:000

We often discuss the importance of short-term relative price strength when evaluating the gold price in this report. Whats not often looked at, though, is golds longer-term relative strength advantage over many leading asset categories including bonds, currencies, and other com… read more...

The Chairman's Curse - Precious Metals Supply And Demand

via: SeekingAlpha at 2019-01-16 04:54:05:000

Something Odd is Happening The price of gold went up two bucks, while that of silver fell ten pennies. Something is odd about how the metals have traded. Back when the market thought that the Fed was tightening, the prices of gold and silver were rising. Silver is now about a buck higher tha… read more...

Shark Attack?

via: SeekingAlpha at 2019-01-16 04:12:26:000

A worrying chart below… but first an update on my sojourn in Uruguay. Yesterday morning, a large group (pod?) of dolphins swam along in front of the beach. We reckoned there were at least a dozen, and perhaps as many as 20. That's to say, we think they were some kind of dolphins, but don't... read more...

First Eagle Global Value Team Annual Letter 2018

via: SeekingAlpha at 2019-01-16 02:40:00:000

Read more … read more...

Is Now The Right Time To Buy SPDR Gold Trust ETF?

via: SeekingAlpha at 2019-01-15 23:14:55:000

Gold is a very particular asset class. Most of the demand for gold as an investment is based on its reputation as a store of value and as a safe haven in times of economic uncertainty. Since global economic conditions and investor sentiment play a major role in determining the price of gold,… read more...

Rising Gold In Times Of Fear

via: SeekingAlpha at 2019-01-15 16:34:20:000

Hypothesis : The 7% compound increase in gold price for the past 50 years reflects the corresponding increase in money supply above GDP and devaluation of currencies. Introduction I have chronicled the last 3 articles about the US stock peaks and gold on September 15 , October 3 , and… read more...

2018 In The Numbers And What It Means For 2019 - Part V: Commodities

via: SeekingAlpha at 2019-01-15 13:24:00:000

(Hard to) Keep the Faith Normally, in a broadly-diversified portfolio, there's something that's working well, in any given year. The most intuitive example is the (historical) inverse correlation that exists between stocks ( SPY , DIA , QQQ , IWM , IVV , VTI , VOO , VEA , EFA , IE… read more...

2018 In The Numbers And What It Means For 2019 - Part IV: Cash

via: SeekingAlpha at 2019-01-15 12:51:00:000

And the Winner is… Cash! Normally, in a broadly diversified portfolio, there's something that's working well, in any given year. The most intuitive example is the (historical) inverse correlation that exists between stocks ( SPY , QQQ , DIA , IWM , IWN , IWO ) and bonds. When stocks a... read more...

Here's Proof That Fear Is Still A Factor

via: SeekingAlpha at 2019-01-15 11:22:19:000

One of the things which gold investors are concerned about right now is the level of fear in the market. This is an important consideration given that golds fear factor is a major reason for owning gold. Fear has also arguably been the dominant driver behind gold&#x2019… read more...

Gold barely budges so far in worst start to year since 2013

via: SeekingAlpha at 2019-01-15 10:53:17:000

Gold is off to a relatively sluggish start to the new year, recording its worst early January performance in six years despite political and economic uncertainty that tends to boost safe-haven demand. More news on: SPDR Gold Trust ETF, iShares Gold Trust ETF, Sprott Physical Gold Trust,… read more...

Financial Shocks As Recession Triggers

via: SeekingAlpha at 2019-01-15 09:03:41:000

Source INTRODUCTION Economist J. Bradford DeLong has recently pointed out that three of the last four US recessions were triggered by shocks to the financial system ( J. Bradford DeLong, 2019 ). DeLong attributes the onset of recession in his three cases as follows: 1) in 1991 the rece… read more...

Gold Gets The Green Light From The Fed

via: SeekingAlpha at 2019-01-15 06:46:35:000

Source: Imgflip.com Gold Gets Green Light From The Fed Gold/SPDR Gold Trust ETF ( GLD ) is up by roughly 11% since hitting a bottom last August. Incidentally, the bottom in gold came around the same time the Fed was at its most hawkish and markets firmly believed there would be 3 or 4 … read more...

Peter Schiff: Gold Is Going To Shine In 2019 (Video)

via: SeekingAlpha at 2019-01-15 01:30:04:000

By SchiffGold Peter Schiff has said it's not that we have a "volatile" economy right now. We have a bubble economy , and we are at the beginning of a much bigger crisis than we went through in 2008. Peter continued with this theme on a recent appearance on Kitco News with Daniela Cambone,… read more...

Markets Heading Lower On Contracting Global Liquidity

via: SeekingAlpha at 2019-01-14 14:13:12:000

Markets have recently rebounded from the fourth quarter carnage on a combination of optimistic trade headlines and Fed Chair Powells dovish reversal on potential interest rate hikes. But heres the problem the trade war and U.S. interest rates are a distraction. To g… read more...

A Hedge For Chaos: Invest In Gold

via: SeekingAlpha at 2019-01-14 12:40:27:000

Editor's note: Seeking Alpha is proud to welcome Zach Ott as a new contributor. It's easy to become a Seeking Alpha contributor and earn money for your best investment ideas. Active contributors also get free access to the SA PRO archive. Click here to find out more Investing in gol… read more...

Adding A Gold Bullion IRA To Your Investment Strategy

via: SeekingAlpha at 2019-01-14 12:01:45:000

As we near retirement, as I am, it makes sense to batten down the hatches on our investments and to 1) protect our capital, and 2) generate income . Maybe ten years prior to retirement, numbers 1&2 above may well be reversed as we are willing to take on more risk to build our nest egg… read more...

Weekly Fund Wrap: Just A Little Patience

via: SeekingAlpha at 2019-01-14 11:17:58:000

The US government shutdown has become the longest on history as a funding gap remains between Congress and President Trump. Attempts to close the gap by proposing alternative policies such as protecting young undocumented immigrants from deportation was rejected by the White House. The only ap… read more...

Gold: Time To Be Bullish And Extremely Cautious

via: SeekingAlpha at 2019-01-14 09:20:07:000

In my last article on 9 th December, I was extremely bullish on gold ( GDX , ASA ) as I expected it to have a rise up till the 127.2% Fibonacci resistance level at $1,282. This came true as the commodity rose till the $1,290 mark. However, I now believe the rise has come to a temporary end… read more...

Gold At A Pivotal Juncture

via: SeekingAlpha at 2019-01-14 08:13:34:000

Over the last several months, the SPDR Gold Trust ETF ( GLD ) has been far outperforming general equities. Not only has gold acted as a safe haven during the rout that has taken place in the stock market, but the precious metal was also becoming a value play given how oversold it was in the fa… read more...

No Confirmation Of A Gold Bull Market Yet

via: SeekingAlpha at 2019-01-14 06:28:03:000

Editor's note: Originally published at tsi-blog.com on January 14, 2019 The "true fundamentals" began shifting in gold's favour in October of last year, and by early December, the fundamental backdrop was gold-bullish for the first time in almost a year. However, there is yet no confir… read more...

A Look At Gold's China Connection

via: SeekingAlpha at 2019-01-13 19:14:58:000

In recent reports, weve looked at two of golds most important drivers, namely the fear factor and the currency component. With both factors in golds favor in recent weeks, the near-term outlook for gold has been positive for a while now. But theres another facto… read more...

Gold Holds Key Level, Commodities And Oil Remain Oversold As The Dollar Peaks

via: SeekingAlpha at 2019-01-13 09:56:18:000

Here are the weekly charts for the gold, commodities and the dollar ETFs. The gold trust ETF tracks the spot price of gold and is said to be backed by gold bars in vaults in London. SPDR Gold Trust (NYSEARCA: GLD ) Courtesy of MetaStock Xenith The Gold ETF ($121.80 on Jan. 11… read more...

Big Silver Move Foreshadowed As Industrial Panic Looms

via: SeekingAlpha at 2019-01-13 05:25:16:000

Welcome to this week's Market Wrap Podcast , I'm Mike Gleason. Coming up we'll hear one of the more important interviews we've ever done on the broken nature of the precious metals' futures exchanges, and what might be the driving force that ultimately destroys the confidence in these marke… read more...

This Week In Money - January 12, 2019

via: SeekingAlpha at 2019-01-13 02:03:36:000

Ross Clark Gold. Marijuana. Gerald Celente Trends in 2019. Civil unrest. Ed Steer Gold and silver. J.P. Morgan caught manipulating gold prices. Larry Reaugh President & CEO of American Manganese Inc. Craig Goodwin Presiden… read more...

Will Gold Rebound In 2019?

via: SeekingAlpha at 2019-01-12 14:03:57:000

By Andrew Capon Frankincense and myrrh may no longer be traditional Christmas gifts, but the appeal of gold endures. For investors, however, the yellow metal lost a little of its luster in 2018. In late December, the gold price was down 4.5 percent ($1,255 per ounce). It had also suffere… read more...

What's Up With Fed Chair Jerome Powell? Friday Gold Wrap 1.11.19

via: SeekingAlpha at 2019-01-12 03:28:01:000

By SchiffGold The SchiffGold Friday Gold Wrap podcast combines a succinct summary of the week's precious metals news coupled with thoughtful analysis. Attention focused back on the Federal Reserve this week with the release of the minutes from December's FOMC meeting and a couple of… read more...

What's Next For The Dollar, Gold, Stocks And Bonds?

via: SeekingAlpha at 2019-01-11 04:56:46:000

The quip, " if you aren't confused, you aren't paying attention " needs to be replaced: " with the Fed confused, you better pay attention ." You may want to buckle up. Let me explain. It all starts with the Fed… In assessing our crystal ball for 2019, the starting point is the Federal Re... read more...

Non-Farm Payroll Beat Sparks Market, What's Next?

via: SeekingAlpha at 2019-01-11 02:52:00:000

What a ride the beginning of the year has been so far! As we warned in our year-end and 2019 outlook, the equity markets were most likely set up for some bottom-pickers to step in and show their support out of the gates. Show up they certainly did - after an initial two-day drubbing, the DJIA … read more...

Things Just Got Even Better For Gold

via: SeekingAlpha at 2019-01-10 15:35:27:000

With a plethora of positive factors behind it, gold has out-shined most assets in recent weeks. But just when it looked like perhaps gold had reached the limits of its upside potential, a new development has further extended it. The U.S. dollar continues to significantly weaken, which in turn … read more...

Goldman raises 12-month gold price forecast to highest since 2013

via: SeekingAlpha at 2019-01-10 15:23:45:000

Gold will climb to $1,425/oz. over the next 12 months, a level not seen in more than five years , the Goldman Sachs analyst team predicts in joining an increasing number of bullish takes on the yellow metal. More news on: SPDR Gold Trust ETF, iShares Gold Trust ETF, Sprott Physical Gold T… read more...

The Precious Metals Sector To Shine As The Fed Blinks

via: SeekingAlpha at 2019-01-10 12:44:29:000

Preamble The Federal Reserve stuck to its guns last year and implemented rate hikes as planned. For the year ahead, they plan to hike rates two more times which would be supportive of the US Dollar, if this was a certainty. However, as always, there is some doubt that they will do this, and… read more...

Coming Dollar Strength Will Wreck The Global Monetary System

via: SeekingAlpha at 2019-01-10 07:29:32:000

We are delighted to have Brent Johnson, CEO of Santiago Capital, on SBTV . Although he is a proponent of gold, Brent's Dollar Milkshake Theory sees him playing devil's advocate to assess how the dollar and gold will move in the coming years. Discussed in this interview: 05:38 Diff… read more...

The 'Everything Bubble' Is Starting To Implode

via: SeekingAlpha at 2019-01-10 04:11:28:000

Alasdair Macleod , Chen Lin and Michael Oliver visit during this first episode of 2019. As the late 2018 stock market decline morphs into a far more serious event than the 2008 financial crisis, you will hear mainstream financial anchors declaring that no one saw this decline coming. Th… read more...

Diego Parrilla On The Perpetual Search For Extreme Optionality

via: SeekingAlpha at 2019-01-10 03:46:56:000

Diego Parrilla has been eerily prescient in calling major turning points in a variety of markets over the past several years. Back in 2014, he published The Energy World Is Flat , in which he detailed the coming crash in the price of crude oil and the various dynamics that would ensure such a… read more...

Gold's Safety Factor Put To The Test

via: SeekingAlpha at 2019-01-09 16:46:37:000

With the broad equity market showing its first signs of strength in months, gold's important safety factor will soon be put to the test. But while the next few days could witness a pullback in the gold price as stock prices rally, gold's intermediate-term recovery should remain intact based on… read more...

The Boy Scouts, Captain Kirk And Gold?

via: SeekingAlpha at 2019-01-09 11:08:13:000

The Boy Scout moto is Be Prepared, which means you are always in a state of readiness in mind and body to do your duty. If you think about it, thats also the motto of great leaders, even Captain Kirk of the Starship Enterprise on Star Trek . As you watch an episode p… read more...

Can The Gold To Silver Ratio Break Lower In 2019?

via: SeekingAlpha at 2019-01-09 10:52:08:000

Gold and silver have both been strong recently - can the gold to silver ratio break lower? For the week ended Friday, January 4, gold finished higher by $4 or 0.3% to close at $1,285 as of the final trade on the New York COMEX futures exchange. Meanwhile, silver finished higher by $0.35 cents … read more...

Wallstreet: 'Be The Dip... I Mean Buy The Dip'

via: SeekingAlpha at 2019-01-09 09:37:26:000

Read more … read more...

The Gospel Of Elliott Wave With Avi Gilburt (Podcast)

via: SeekingAlpha at 2019-01-09 07:00:00:000

A lawyer and accountant by training, long-time Seeking Alpha contributor Avi Gilburt had a long and successful career working on mergers & acquisitions for a nationally recognized law firm before life circumstances forced him to drop everything. Avi's foray into full-time investin… read more...

How Did My Asset Allocation Perform In 2018?

via: SeekingAlpha at 2019-01-09 04:28:58:000

Last year was a difficult one for investors. Every major asset class lost money, meaning there were few places to hide. This is relatively unusual. Glancing down the list of regional and country stock indices provided by MSCI, its clear that stocks got hammered in 2018. Below is a su… read more...

Gold Will Soon Be Joined By Other Commodities

via: SeekingAlpha at 2019-01-08 15:03:59:000

Gold has been a standout performer among the major commodities in recent weeks as fear has driven investors away from the more speculative assets and into safe havens. While the yellow metal has benefited from this development, an even more encouraging sign is the gradual improvement now under… read more...

Gold-backed ETF holdings jumped 3% in December

via: SeekingAlpha at 2019-01-08 12:21:13:000

Holdings in gold-backed ETFs worldwide jumped by 2.4M oz. worth $3.1B in December for a third straight month of net inflows, the World Gold Council says in a new report, as investors looked for safe havens from volatile equity markets. More news on: SPDR Gold Trust ETF, iShares Gold Trus… read more...

Gold Weekly: My Expectations For 2019

via: SeekingAlpha at 2019-01-08 12:14:13:000

Expect, Maryna Suprun (Saatchi Art) Introduction Welcome to my Gold Weekly. Let me start this introduction by expressing all my wishes to you and yours for 2019. My most important wish is health . In this report, I wish to discuss mainly my views about the gold market through the … read more...

The Japanese Government Is Still Pegging The Gold Price

via: SeekingAlpha at 2019-01-08 05:50:18:000

Editor's note: Originally published at tsi-blog.com on January 8, 2019 About five months ago I posted an article in response to stories that the Chinese government had pegged either the SDR-denominated gold price or the yuan-denominated gold price. These stories were based on g… read more...

Welcome To 2019: Declining Stocks, A Falling Dollar And Rising Gold / Silver Prices

via: SeekingAlpha at 2019-01-08 05:10:30:000

The stock market has become the United States sacred cow. For some reason, stock prices have become synonymous with economic growth and prosperity. In truth, the stock market is nothing more than a reflection of the inflation/currency devaluation caused by the Fed&#x201… read more...

The Real Or Imagined Third Fed Mandate - Precious Metals Supply And Demand

via: SeekingAlpha at 2019-01-08 04:52:04:000

Fundamental Developments - Silver Looking Frisky The price of gold went up four bucks, and the price of silver rose 32 cents. Silver has been going up in gold terms since the middle of last week when the gold-silver ratio peaked at just under 87. It closed this week at just under 82 (a lower… read more...

Is The Fed Done Hiking Rates? Watch The Price Of Gold

via: SeekingAlpha at 2019-01-08 01:22:54:000

King dollar was on top in 2018, one of the few major assets to close the year in the black on steady interest rate hikes and robust economic growth in the U.S. But greenback strength is a double-edged sword, as you know. Although good for U.S. consumers, it can hamper exporters, commodities, o… read more...

Precious Metals MMI: Norilsk, JPMorgan Chase Bullish On Hybrid Car Demand's Role In Palladium Prices

via: SeekingAlpha at 2019-01-08 01:00:11:000

Original Post By Taras Berezowsky It looks as though the winter is just heating up for the Global Precious Monthly Metals Index ((MMI)). The sub-index tracking a basket of gold, silver, platinum and palladium prices from four different geographies rose three points to hit 90 for … read more...

A Temporary Pullback For Gold

via: SeekingAlpha at 2019-01-07 12:54:48:000

After a non-stop push higher in the last four weeks, gold has become temporarily over-extended and therefore, vulnerable to a pullback. Signs that a corrective pause in the upward trend has begun were visible late last week and may well continue into the week ahead. As we'll discuss in the lat… read more...

Weekly Fund Wrap: Tactics Over Strategy

via: SeekingAlpha at 2019-01-07 12:37:01:000

The US government remains in an ongoing shutdown as President Trump said he may declare a national emergency to achieve his goal of building a wall on the southern border and suggested the government could be shut down for several months or longer. Fed Chairman Powell said he would be patien… read more...

Profit Target Hit On XAU. What Now For Gold?

via: SeekingAlpha at 2019-01-07 12:13:08:000

I opined in my previous article " Gold Awakens From Slumber " written in October that XAU/USD ( GLD ) was poised to make an assault on the 1,300 level. Then, I advised investors to buy XAU/USD at spot (1,217 at that time), with a take profit target at 1,300 and a stop loss at 1,165. Chart: X… read more...

Outlook 2019: Precious Metals Stocks And Emerging Market Bonds To Outperform

via: SeekingAlpha at 2019-01-07 11:12:41:000

2018 has been a difficult year for investors, as increases in interest rates and quantitative tightening policies of the Federal Reserve have created headwinds for asset prices around the world. I've navigated this investment environment by focusing on the most oversold and cheap assets I can … read more...

Why Gold Will Shine In 2019

via: SeekingAlpha at 2019-01-07 08:09:16:000

Article Overview Before talking about my bullish view on gold for 2019, I must humbly admit that I was wrong on a potential rally for the precious metal in 2018. Gold was sideways to lower for most part of 2018 and the precious metal started trending higher only towards the last quarter of… read more...

Leveraged ETF Decays - Update

via: SeekingAlpha at 2019-01-07 04:08:31:000

I measure once a month the decay of major leveraged ETFs. It may be useful for anyone using leveraged ETFs for investing, trading, or hedging. Where does the decay come from? Most of the time, a leveraged ETF does worse than the underlying asset leveraged by the same factor. This relativ… read more...

Gold Remains Overbought, Commodities Including Oil Remain Oversold As The Dollar Slumps

via: SeekingAlpha at 2019-01-07 02:38:13:000

Here are the daily charts for the gold, commodities and dollar exchange-traded funds. The gold trust ETF tracks the spot price of gold and are said to be backed by gold bars in vaults in London. SPDR Gold Trust (NYSEARCA: GLD ) Courtesy of MetaStock Xenith The Gold ETF ($121…. read more...

Gold: The Bulls Must Prove Themselves

via: SeekingAlpha at 2019-01-06 17:43:35:000

While equity markets continue to struggle finding a bid, gold ( GLD ) has quietly made up significant ground in December as it finally exited its intermediate downtrend. The metal managed to reclaim its 20-month moving average and its 200-day moving average, and is now sitting just shy of a pi… read more...

Fund Year-End Review And What To Expect In 2019

via: SeekingAlpha at 2019-01-06 17:39:01:000

It has been a year to forget for fund investors as a vicious December ensured that few assets managed to outperform cash. In retrospect, the deck was stacked against the market with the auto-pilot monetary policy and balance-sheet runoff, expiring fiscal stimulus, political uncertainty, weaken… read more...

Gold Wins 2018 And Fatal Conceit: Friday Gold Wrap 1.4.19

via: SeekingAlpha at 2019-01-05 05:39:23:000

By SchiffGold The SchiffGold Friday Gold Wrap podcast combines a succinct summary of the week's precious metals news coupled with thoughtful analysis. For most of last year, we heard everybody from Donald Trump to the talking heads on CNBC gushing about the booming stock market. Tha… read more...

Silver And Gold: Take Profits On Longs And Wait For Mean Reversion

via: SeekingAlpha at 2019-01-05 04:29:05:000

The Variable Changing Price Momentum Indicator is recommending taking profits in the gold and silver markets on any long positions. This is the Variable Changing Price Momentum Indicator (VC PMI) Weekly Update for January 3, 2019, with a focus on the silver and gold markets. The VC PMI uses … read more...

Record Days In Fixed Income. What's The Biggest Risk For 2019?

via: SeekingAlpha at 2019-01-04 20:51:51:000

2018 was very much the year of cash ( BIL ) ( SHV ) ( SHY ). Short-term US debt ETFs were the biggest draws of new money this year, with two BlackRock short-term Treasury ETFs roughly doubling their assets. Out of 15 major asset classes ranging from stocks ( SPY , DIA , QQQ , IWM ) to b… read more...

Gold's Safety Factor Kicks Into High Gear

via: SeekingAlpha at 2019-01-04 14:50:19:000

For the first time in nearly a year, gold has a number of important supports in its favor which should propel its price higher in the months ahead. Signs of continued deterioration in the global economy, along with a a distressing drop in U.S. Treasury bond yields, are among the major factors … read more...

Currency Market Outlook: Dump The Dollar

via: SeekingAlpha at 2019-01-04 14:36:22:000

We are presenting our 2019 Market Outlook in four parts: I. 2018 Market Review and Economic Outlook II. Bond & Yield Outlook III. Currency and Commodity Forecasts (below) IV. Equity Market Strategy for 2019 (forthcoming) Currency Market Outlook This section of our 2019 … read more...

Stocks Are Still Expensive And Momentum Is Negative: Be Careful Out There

via: SeekingAlpha at 2019-01-04 14:13:57:000

Successful investing does not need to be too complex or sophisticated. At the end of the day, it all comes down to relying on time-proven return drivers to make investment decisions based on solid statistical evidence as opposed to emotions and speculation. We can basically analyze the marke… read more...

2018 Review And Outlook 2019

via: SeekingAlpha at 2019-01-04 09:20:28:000

Originally posted on December 31, 2018 Before we get into a review of the important facets of 2018, let's take a look at last year's year-end letter and take note of what we foretold. Here is what we wrote as to what we thought was in store for 2018 in terms of the equity markets, "Will th… read more...

Fed boxed in after super-strong employment numbers?

via: SeekingAlpha at 2019-01-04 08:43:16:000

Alongside the unexpected 312K jobs added in December, November's originally-reported 155K job gain was revised up to 176K, and October's originally-reported 237K gain was revised up to 274K. More news on: SPDR S&P 500 Trust ETF, iShares 20+ Year Treasury Bond ETF, SPDR Gold Trust ETF… read more...

Markets Are All About Flows

via: SeekingAlpha at 2019-01-04 07:13:31:000

At this time of year, the thoughtful soul considers prospects for markets. Pundits are laying out their forecasts, and they fall into two broad camps. There are brokers and fund managers who talk of value. Their income and assets under management depend on continually inflating prices. Then th… read more...

What To Expect From Gold In 2019?

via: SeekingAlpha at 2019-01-04 01:27:30:000

Going into 2019, let's have a look at the status of the precious metals market. I believe that the gold price is mainly influenced by the policies of the Federal Reserve and there are several points I'd like to discuss here. First of all, the U.S. fiscal situation is headed off a cliff in … read more...

How To Tell Signals From Noise At Economic Turning Points

via: SeekingAlpha at 2019-01-04 01:06:21:000

Painted Hills, Oregon: A Milankovitch Sequence Source INTRODUCTION Separating signals from noise is a problem in many fields of endeavor. For example, geologists have long been fascinated by the cyclical nature of some sedimentary sequences, like the one pictured above. The cycle… read more...

Expectations For Gold And Silver In 2019 - Craig Hemke (02/01/2019)

via: SeekingAlpha at 2019-01-03 23:22:36:000

By Craig Hemke As 2018 drew to a close, the prices of Comex gold and silver began to move higher. This was just as expected and we wrote about these pending year-end rallies on several occasions. Before going further, perhaps you should take time to review these links: This from ea… read more...

A Macro Update And My Stock Shopping List For 2019

via: SeekingAlpha at 2019-01-03 19:23:27:000

Today's Note and Stock Shopping List Hope everyone is recovering well from their New Year's celebrations and ready to dive back into markets for the year. Just wanted to share with you some quick thoughts on the market, the dollar, and gold. And then at the end, I've got our Stock Shopp… read more...

Have We Already Experienced The 'Big One' Of Our Lifetimes?

via: SeekingAlpha at 2019-01-03 16:26:41:000

Editor's note: Seeking Alpha is proud to welcome Cashflow Capitalist as a new contributor. It's easy to become a Seeking Alpha contributor and earn money for your best investment ideas. Active contributors also get free access to the SA PRO archive. Click here to find out more Ray D… read more...

2018 - A Year Of Volatility For Precious Metals

via: SeekingAlpha at 2019-01-03 15:22:25:000

2018 is within a few hours of the record books as this article is being written, so let us take the opportunity to review the year in the global markets, and to see how precious metals fared in the mix. Below we show a wide comparison of 48 asset classes which comprise the majority of market… read more...

Fear Is Still Gold's Dominant Driver

via: SeekingAlpha at 2019-01-03 14:20:00:000

The intermediate-term revival of the gold price remains solidly intact as we enter the New Year. As well discuss here, its most important supporting factors are confirming the bull market for gold and should help propel golds price higher in the weeks ahead. However, gold remai… read more...

PAM's 2019 Outlook For The Dollar, Bond Yields, And Precious Metals

via: SeekingAlpha at 2019-01-03 13:03:31:000

This article was originally published December 31, 2018. As we go into the final trading day of 2018, the themes that we have been tracking day to day looks likely to continue over and through New Year's day. At this juncture, all the signaling information is coming mostly from the behavio… read more...

2019: How And When The Global Debt Crisis Begins

via: SeekingAlpha at 2019-01-03 11:26:03:000

2019 is going to be a wild year. I believe it will be the year that a recession that will ultimately be worse than 2008 begins to take hold, interest rates on the long end of the yield curve move above 4%, and the dollar index ( UUP ) begins to fall like it's 1985 all over again. By the end of… read more...

Gold gains in safe-haven bid to highest level since June

via: SeekingAlpha at 2019-01-03 10:49:56:000

Gold prices rise to their highest level since mid-June , +0.6% to $1,291.40/oz., as Apple's bearish revenue outlook exacerbates concerns about a slowing economy and sparks demand for safe-haven bullion. More news on: Barrick Gold Corporation, AngloGold Ashanti Limited, Newmont Mining Co… read more...

2019 Will Be An Echo Of 2016 Due To Central Bank Policy

via: SeekingAlpha at 2019-01-03 03:23:41:000

This report will show how markets are developing the same characteristics as they developed in the 2015-2016 period when the big five global central banks last tried to tighten monetary policy. It will compare and contrast the behavior of each major asset class to the same time in 2015-2016 wh… read more...

Mining Stock Daily's 2019 Outlook For Precious Metals

via: SeekingAlpha at 2019-01-03 01:20:31:000

A quiet bull market in mining stocks is underway. The [[GDX]] ETF closed trading on New Year's Eve up 2.37%. Through Monday, GDX has risen 20% since hitting a 52-week low close of $17.57 on September 11, 2018. In popular parlance, GDX is now in a "bull market." We expect that a significant b… read more...

Our Best Charts And Calls Of 2018

via: SeekingAlpha at 2019-01-03 00:12:02:000

Last week, we published the 2018 End of Year Special Edition of the Weekly Macro Themes report - a summary of some of the best, worst, and most notable charts of 2018 (and the ones to watch in 2019). This article brings you a look at what I think is one of the most important sections of the … read more...

Expect Good Things For Gold In Early 2019

via: SeekingAlpha at 2019-01-02 15:05:42:000

After experiencing some serious turbulence in 2018, gold has since bottomed and launched a meaningful turnaround in the final months of the year. In todays report well look at reasons investors should expect a continued revival of the metals fortunes in the first few mo… read more...

Precious Metals And Cryptocurrencies - Q4 2018 Review And The Outlook For Q1 2019

via: SeekingAlpha at 2019-01-02 12:27:10:000

The precious metals sector of the commodities market posted an overall gain in the fourth quarter of 2018 thanks to increases in the prices of palladium and gold. The composite of the four precious metals that trade on the COMEX and NYMEX divisions of the CME dropped by 8.10% in 2014. The se… read more...

Bitcoin Vs. Real Estate: Who Will Win In 2019?

via: SeekingAlpha at 2019-01-02 08:32:36:000

This research report was jointly produced with Samuel Smith , co-author of High Yield Landlord. 2017 was the year of bitcoin ( BTC-USD ): the price surged from below $1,000 to a high of nearly $20,000. Meanwhile, 2018 has seen the price crater to ~$3,700 as of this writing. Given this… read more...

2018 Asset Class Total Return Performance - Bespoke's ETF Matrix

via: SeekingAlpha at 2019-01-01 02:11:55:000

Below is a final look at 2018 total returns across asset classes using our ETF matrix. For each ETF, we show its December, Q4, and full year 2018 total return. The S&P 500 (SPY) finished 2018 down 4.56% on a total return basis after falling 13.52% in Q4 and 8.79% in December. The tech-he… read more...

Best Asset Classes Of 2018: Gold And Residential Real Estate

via: SeekingAlpha at 2019-01-01 00:57:35:000

If you had made bets on which of the major asset classes would outperform in 2018, which would you have chosen? Stocks? Bonds? Real Estate? Commodities? Precious Metals? I would wager that sentiment would have placed stocks in first place, real estate second, commodities third, bon… read more...

Tracking How Far They Fell: 2018's Rotational Winners

via: SeekingAlpha at 2018-12-31 00:31:22:000

Source: Pixabay Introduction Slightly less than a year ago, in January of 2018, on the heels of a massive tax reform bill being signed into law, the stock market bolted to new all-time highs. Yet, almost everywhere I looked in the market, particularly among more cyclical stocks, I saw da… read more...

Should You Choose GLD Or SLV?

via: SeekingAlpha at 2018-12-31 00:28:22:000

At the beginning of 2018, stocks were on fire and many financial analysts had counted out the precious metals investors. But the cyclical nature of the markets has really made itself felt in the final parts of 2018, and it would seem that those same precious metals investors are now having the… read more...

Gold Mining Stocks Are Going Up Faster Than Gold

via: SeekingAlpha at 2018-12-30 19:01:46:000

The past couple of years have been brutal for precious metals mining stocks. Gold and silver went down a little, while the miners went down a lot - four times as much, to be exact. That's painful but not surprising. The miners, being in effect options on the underlying metals, tend to be a lot… read more...

Gold Is Now Overbought As Commodities Including Oil Become Oversold And The Dollar Tops Out

via: SeekingAlpha at 2018-12-30 09:19:07:000

Here are the daily charts for the gold, commodities and dollar exchange-traded funds. The Gold Trust ETF tracks the spot price of gold and is said to be backed by gold bars in vaults in London. SPDR Gold Trust (NYSEARCA: GLD ) Courtesy of MetaStock Xenith The Gold ETF ($121.0… read more...

Silver And Gold Finish 2018 Strong Amid Stock Market Carnage

via: SeekingAlpha at 2018-12-30 05:18:20:000

Greg Weldon Makes Best Call of 2018, Michael Pento Makes 2019 Predictions Welcome to this week's Market Wrap Podcast, I'm Mike Gleason. Coming up Michael Pento of Pento Portfolio Strategies joins me for an encore interview. Michael weighs in on how he sees Fed policy decisions playi… read more...

This Week In Money - December 29, 2018

via: SeekingAlpha at 2018-12-30 01:53:17:000

Ross Clark Stock markets, precious metals. Dan Harris Doing business with China. Trade wars. Real estate. Wolf Richter Interest rates. Trucking sector. Larry Reaugh President & CEO of American Manganese Inc. Produced by Re… read more...

Gold: Not Quite Time

via: SeekingAlpha at 2018-12-29 06:30:00:000

2018 seems to be ending on the wrong note in the markets. December is setting the wrong kind of records, and Q4 has been a bumpy one in general. This is what happens in the stock market sometimes, but it's been easy to forget over the decade-long bull market. We're using the end of the year … read more...

Looking Back; Moving Ahead: Friday Gold Wrap 12.28.18

via: SeekingAlpha at 2018-12-29 03:03:19:000

By SchiffGold The SchiffGold Friday Gold Wrap podcast combines a succinct summary of the week's precious metals news coupled with thoughtful analysis. It's the last Friday Gold Wrap of 2018. In the spirit of the season, Mike Maharrey looks back over the last year and speculates a li… read more...

How To Hedge In Times Of Market Troubles

via: SeekingAlpha at 2018-12-28 17:29:14:000

In this article I would like to explain how to create a hedge strategy for an equity position, so that draw-downs, like the current one (December 2018), are minimized. During this 10-year bull market, many investors have forgotten that investing only in equities can be quite risky. It has be… read more...

2019 Outlook: It's Alright, Ma (I'm Only Investing)

via: SeekingAlpha at 2018-12-28 11:07:22:000

Darkness at the break of noon Shadows even the silver spoon The handmade blade, the child's balloon Eclipses both the sun and moon To understand you know too soon There is no sense in trying --Its Alright, Ma (Im Only Bleeding), Bob Dyla… read more...

By The Pricking Of My Thumbs... - Precious Metals Supply And Demand

via: SeekingAlpha at 2018-12-28 07:39:03:000

Something Wicked this Way Comes Last week, the price of gold went up $18 and that of silver 6 cents. Looking at the ongoing stock market drop, someone asked us if this is "it". So far in Q4, the stock market (S&P 500) has now lost more points than in any quarter during the Great… read more...

Gold Is Getting Some Extra Support

via: SeekingAlpha at 2018-12-28 06:51:57:000

After weeks of walking virtually alone on its rising path, gold is finally getting some support from some of closest allies. The silver price has begun to confirm golds rally, which is always a welcome sign from a bulls perspective. Gold and silver mining stocks are also showin… read more...

GLD: Did Santa Come Early This Year?

via: SeekingAlpha at 2018-12-26 09:40:04:000

As the massive sell-off in stocks continues, investors are seeking the protection of the markets classic safe haven assets. On a year-to-date basis, the S&P 500 is trading lower by -12.06% and the Dow Jones Industrial Average has lost -11.84%. Equities have officially fallen into … read more...

GLD: Did Santa Come Early This Year?

via: SeekingAlpha at 2018-12-26 09:40:04:000

As the massive sell-off in stocks continues, investors are seeking the protection of the markets classic safe haven assets. On a year-to-date basis, the S&P 500 is trading lower by -12.06% and the Dow Jones Industrial Average has lost -11.84%. Equities have officially fallen into … read more...

Bear fears propel gold to six-month peak

via: SeekingAlpha at 2018-12-26 05:04:44:000

Gold climbed to a six-month high of 1,277 per ounce overnight as bear fears prompted investors to seek refuge in the metal. More news on: SPDR Gold Trust ETF, iShares Gold Trust ETF, Sprott Physical Gold Trust, Commodities news, Top stock market news, News on ETFs, Read more … read more...

Bear fears propel gold to six-month peak

via: SeekingAlpha at 2018-12-26 05:04:44:000

Gold climbed to a six-month high of 1,277 per ounce overnight as bear fears prompted investors to seek refuge in the metal. More news on: SPDR Gold Trust ETF, iShares Gold Trust ETF, Sprott Physical Gold Trust, Commodities news, Top stock market news, News on ETFs, Read more … read more...

The Rest Of The Story

via: SeekingAlpha at 2018-12-25 21:37:00:000

Radio Broadcaster Paul Harvey Source One of famous radio broadcaster Paul Harveys favorite tag lines was, Now you know the rest of the story. He said this at the end of daily short segments that provided relatively unknown facts about events and people, with a… read more...

The Rest Of The Story

via: SeekingAlpha at 2018-12-25 21:37:00:000

Radio Broadcaster Paul Harvey Source One of famous radio broadcaster Paul Harveys favorite tag lines was, Now you know the rest of the story. He said this at the end of daily short segments that provided relatively unknown facts about events and people, with a… read more...

Vladimir Zernov Positions For 2019: General Market, Drillers, And Gold

via: SeekingAlpha at 2018-12-25 10:00:00:000

What do you expect to be the key driver of stock market performance in 2019? If you focus on a specific asset class, please address that. I expect that earnings will be the ultimate driver for the overall stock market ( SPY ) performance in 2019. There is always a lot of noise around the s… read more...

Gold: All Systems A 'Go' For 2019!

via: SeekingAlpha at 2018-12-25 02:28:33:000

My last couple of Seeking Alpha articles on gold (see here and here ) were focused on the bullish catalysts that global warming and yawning US Federal deficit spending would be for the price of gold moving forward. Not surprisingly, we've continued to see more natural disasters (and off-b… read more...

Gold Miners Are Crushing The Market In The Face Of Higher Rates

via: SeekingAlpha at 2018-12-24 23:53:52:000

Disregarding strong opposition from the likes of DoubleLine Capital founder Jeffrey Gundlach, legendary hedge fund manager Stanley Druckenmiller, Mad Money host Jim Cramer, President Donald Trump and others, Federal Reserve Chairman Jerome Powell hiked rates on last Wednesday… read more...

Weak Ahead: Fed Comments And Government Shut-Down Are Starring

via: SeekingAlpha at 2018-12-24 10:17:13:000

Global equities sold-off last week amid weak result, economic data, Fed and the U.S. government shut-down - volatility soared. Economic and earnings announcements last week showed that the global economy is showing signs of weakness with global trade and consumer confidence appearing to be fra… read more...

Weekly Fund Wrap: When Doves Cry

via: SeekingAlpha at 2018-12-24 09:47:48:000

The US Federal government has shut down, marking the third shutdown this year. The impasse has to do with a $5bn funding provision for a border wall which does not have the necessary 60 votes in the Senate. President Trump views this as a keystone of his campaign and has refused to agree a bud… read more...

Are Equities Pointing To Global Recession?

via: SeekingAlpha at 2018-12-23 21:46:02:000

Equity Market Overview The S&P 500 index touched 2018 highs of 2,944 on September 21, 2018. Subsequently, the index is down by 16.1% to current levels of 2,470. The sharp decline in equity markets in the United States has been associated with fundamental factors, and this article will … read more...

Grinch Stealing Christmas Cheer On Wall Street; Frank Holmes Predicts Gold Explosion To The Upside In 'Blink Of An Eye'

via: SeekingAlpha at 2018-12-23 07:19:47:000

Welcome to this week's Market Wrap Podcast, I'm Mike Gleason. Coming up Frank Holmes of U.S. Global Investors joins me and shares why he believes this past quarter has been a very constructive and encouraging one for gold - and he also gives us his outlook for the equity and metals mark… read more...

Gold Is On The Rise As Commodities Led By Oil Slump And The Dollar Becomes Overbought

via: SeekingAlpha at 2018-12-23 04:17:58:000

Here are the weekly charts for the gold, commodities and dollar exchange-traded funds. The Gold Trust ETF tracks the spot price of gold and are said to be backed by gold bars in vaults in London. SPDR Gold Trust (NYSEARCA: GLD ) Courtesy of MetaStock Xenith The Gold ETF ($118… read more...

This Week In Money - December 22, 2018

via: SeekingAlpha at 2018-12-23 01:36:39:000

Ross Clark - Santa Claus rally, Fed rate hike. Eric Hadik - Gold, oil, US dollar, and interest rates. Danielle Park - Importance of diversification. Larry Reaugh President & CEO of American Manganese Inc. on Company Showcase Produced by Read more … read more...

Gold Reacts To The Fed

via: SeekingAlpha at 2018-12-22 07:30:00:000

The markets were optimistic going into the final Fed meeting of the year on Wednesday, December 19. Volatility in the stock market, an ongoing trade dispute with China, sluggish economic growth in Europe, and the recent inversion of the yield curve caused many market participants to hope that … read more...

Fed Gooses Gold, Miners

via: SeekingAlpha at 2018-12-22 03:37:07:000

The dovish Federal Reserve lit a fire under gold and its miners stocks this week. As universally expected the FOMC hiked rates for the 9th time in this cycle. But it also lowered its 2019 rate-hike outlook bowing to the stock-market selloff. Traders dumped gold initially thinking that … read more...

Daddy Is Still Taking The Punch Bowl Away: Friday Gold Wrap 12.21.18

via: SeekingAlpha at 2018-12-22 03:28:36:000

By SchiffGold The SchiffGold Friday Gold Wrap podcast combines a succinct summary of the week's precious metals news coupled with thoughtful analysis. The Federal Reserve dominated the business news cycle this week. Investors thought maybe Daddy Powell would let the party keep going… read more...

Commodities Recap For The Week Of December 21, 2018

via: SeekingAlpha at 2018-12-21 18:13:40:000

The story of this week: Risk Off- Lots of things to think about over the holidays It was not the week markets had hoped for with the Christmas holiday next Tuesday. On Wednesday, we heard from the U.S. central bank as they increased the Fed Funds rate by 25-basis points to 2.25-2.50%. … read more...

Does The Fed Want You To Buy GLD?

via: SeekingAlpha at 2018-12-21 13:53:05:000

Precious metals investors are having a strong finish to 2018 with one of the best quarterly performances for the space since March 2017. The SPDR Gold Trust ETF ( GLD ) has been a primary beneficiary of these trend changes. Safe-haven positioning in the market has helped the fund has rally 7.3… read more...

The Dog That Didn't Bark: Bonds Have Failed To Sell Off

via: SeekingAlpha at 2018-12-21 12:26:21:000

Basenji (or African Hunting Dog) Source In the famous Sherlock Holmes mystery called The Adventure of Silver Blaze, the vital clue regarding a stolen racing horse was a dog that didnt bark when intruders stole the horse. This seems to me to be a good metaphor fo… read more...

Is Gold An Inflation Hedge Or Calamity Insurance? A Treatise To Please No One

via: SeekingAlpha at 2018-12-21 12:15:38:000

Welcome back, dear readers. As you know, being an equal opportunity iconoclast is lonely work, but someone has to do it. So today your humble author will address the subject of gold. Few topics illicit such emotional responses as this one. The extremes of opinion are wide and irreconcilable. G… read more...

Third Stage Gold

via: SeekingAlpha at 2018-12-21 09:40:57:000

Rather than sticking gold in with my last one on collateral , I felt it deserved its own focus. Its duality often puts it on the side of deflation with collateral shortage as the main mechanism. Given that, it wouldn't have been surprising if gold was collapsing now as it had been during the … read more...

Gold Is Back In Play

via: SeekingAlpha at 2018-12-21 08:29:47:000

Got room for it in your portfolio? You may have noticed a certain wobbliness in the markets recently. If you haven't, you're probably not even reading this; you're likely on holiday somewhere without a Wi-Fi connection. Lucky you! The rest of us, however, are now transfixed by significant … read more...

Trump-Defying Fed Enters Danger Zone For Economy And Markets

via: SeekingAlpha at 2018-12-21 08:27:05:000

The Fed blinked - but didn't flinch away from another rate hike. On Wednesday, Federal Open Market Committee (FOMC) policymakers rejected President Donald Trump's call for a pause. They raised their benchmark rate by a quarter point to a range up to 2.5%. The only concession Fed chairman Jer… read more...

Will 2019 Be Platinum's Year?

via: SeekingAlpha at 2018-12-21 06:45:00:000

The global financial crisis of 2008 sent the prices of markets across all asset classes reeling on the downside, and the precious metals that trade on the COMEX and NYMEX divisions of the CME were no exception. The price of gold fell to a low at $681 per ounce in October 2008. Today the yellow… read more...

The Once And Future Unit Of Finance - Precious Metals Supply And Demand

via: SeekingAlpha at 2018-12-21 03:56:27:000

Sally Forth and Speculate on my Behalf! Last week, the price of gold was down ten bucks and silver four cents. Someone on Twitter demanded if we didn't find it odd that the biggest sovereign debt bubble has managed to inflate a bubble in virtually every asset price except for gold. Snapsho… read more...

The Fed's Rate Hike Weakens Gold And Boosts The Dollar

via: SeekingAlpha at 2018-12-20 15:19:11:000

Preamble At the FOMC meeting today, the Federal Reserve raised rates more or less as expected. The result was a boost for the US dollar and a fall in precious metals prices. Once again, we have a clear demonstration that the inverse relationship between the US dollar and gold is alive an… read more...

Gold catches modest bid as panic sets in for stocks

via: SeekingAlpha at 2018-12-20 14:10:19:000

Stocks continue to reel from the Fed's surprising hawkishness yesterday, with today's renewed threat of a government shutdown adding to the excuses to sell. More news on: SPDR Gold Trust ETF, iShares Gold Trust ETF, Sprott Physical Gold Trust, Commodities news, Stocks on the move, Top stoc… read more...

Gold Traders Do An About Face

via: SeekingAlpha at 2018-12-20 12:48:14:000

After seeing several weeks of sustained flight-to-safety inflows, the gold price reversed sharply on Wednesday after the Federal Reserve announced its latest interest rate decision. While the decision to raise rates wasn't unexpected, the Fed's failure to embrace a dovish policy stance unnerve… read more...

Precious Metals: Miners Leading The Way

via: SeekingAlpha at 2018-12-20 12:35:13:000

Well, the Fed did not blink at the FOMC meeting as it went ahead with its expected interest rate increase. Equity markets in the US across the board fell on the news. Gold, silver and the mining stocks also fell, although crude oil held up well on the announcement. Considering how late the S… read more...

Technical Thursday: Diving Into GLD

via: SeekingAlpha at 2018-12-20 08:00:00:000

( Pic Sourced Here ) Well, it's official, stocks haven't just entered a correction, they'd done it at such a breakneck speed that their performance this month is truly, epically, almost Oakland Raiders bad with the Dow and S&P 500 down more this December, more than at almost any ot… read more...

GLD - A Long Way From Neutral

via: SeekingAlpha at 2018-12-20 07:45:47:000

I wrote an article in 2016 about gold warning readers about potential downside risk in the gold price, and that gold might trade below $1,000 as a hawkish Federal Reserve continued to hike rates. Fortunately for me, my call on the rate hike was spot on. The Fed did hike rates several times t… read more...

Recession Ahead?

via: SeekingAlpha at 2018-12-20 02:33:58:000

Introduction - did the Fed get it wrong? I believe that it is no coincidence that the Fed's tightening - reversal of QE and many rate hikes - is coinciding with deflationary action in several asset classes. Yet Chair Powell said last month that reverse QE was going very well. Not long … read more...

No Place To Hide

via: SeekingAlpha at 2018-12-20 01:59:21:000

In a broadly diversified portfolio, there's usually something working in any given year. When stocks are down, bonds are typically up. When bonds are down, stocks are typically up. When stocks and bonds go down together, something else is often up (TIPS, commodities, REITs or gold). Well, no… read more...

Can Gold Shares Rebound In 2019?

via: SeekingAlpha at 2018-12-20 01:51:22:000

Dan Oliver and Michael Oliver return to the radio program this week. 2018 was a miserable year for gold shares. Silver shares fared even worse. From his structure and momentum perspective Michaels work suggests a shift downward for stocks and bonds and a dramatic rise for precious me… read more...

All About The Fed And The Discussions Go On

via: SeekingAlpha at 2018-12-20 00:39:50:000

By Stephen Innes Markets The S&P 500 tumbled as the Fed goes whistling past the grave triggering a swath of asset rotation out of equity markets and into US bonds. At the time of writing the S&P 500 fell -1.5 % while US bond yields fell to critical support level 2.75%. But inde… read more...

Luckenbach, Texas, We Have A Problem

via: SeekingAlpha at 2018-12-19 11:47:29:000

Aint nobody feelin no pain -Luckenbach, Texas, Waylon Jennings, 1977 Waylon and Willie and the boys, where are you all now? For the first time since the calming of the financial crisis nearly a decade ago, the large cap U.S. stock market as measured … read more...

Helicopter Money Is Inevitable (Kirk Spano)

via: SeekingAlpha at 2018-12-19 10:05:07:000

The story behind the interview: Deflation is the real enemy to fear. Thanks to an aging demographic and soaring debt, it is almost inevitable. In addition, stocks and real estate are greatly overvalued. What's the answer? Kirk and Brian discuss all the above and more. For those who prefer … read more...

Stocks Crash, Gold And Bitcoin Surge Higher

via: SeekingAlpha at 2018-12-19 06:31:15:000

This won't be the last time that you read this headline. The stock market is crashing again to start the last trading week before Christmas. The Dow and S&P 500 both declined by 2.1% today, while the NASDAQ is down 2.3%. The major drivers of this market decline are slowing growth project… read more...

The Gold Bulls Just Regained The Upper Hand

via: SeekingAlpha at 2018-12-19 06:06:53:000

Commodity traders appear excited about gold again as stocks are on pace for their worst year since 2008, and their worst December since 1931. Bullish bets on the yellow metal outnumbered bearish ones for the week ended December 11, resulting in the first instance of net positive contracts si… read more...

Analyzing Key Market Risks For 2019 With A 40-Year Market Veteran

via: SeekingAlpha at 2018-12-19 03:11:27:000

One of the most important factors an investor should consider is risk. Risk comes in two primary flavors that we will discuss in this article: risk of the market, and risk of the investment vehicle itself. To explore both of these risks in the current economy, I flew out to Phoenix to interv… read more...

The GLD ETF Will Move Higher Going Forward

via: SeekingAlpha at 2018-12-18 15:57:46:000

The SPDR Gold Shares ( GLD ) ETF is up almost 3% since Nov. 28, when Fed chairman Powell offered dovish guidance for monetary policy going forward and sent the US Dollar sliding. The performance of gold is strongly inversely correlated to movements in the US Dollar, because the metal is a doll… read more...

Palladium Is The New Gold

via: SeekingAlpha at 2018-12-18 15:53:52:000

Original Post By Stuart Burns After surging more than 50% in the last four months, palladium - that previously little-discussed Platinum Group Metal (PGM) - reached $1,255.12/ounce, surpassing gold for the first time in 16 years last week, according to The New York Times . Driven … read more...

Gold Price Is Stupidly Low Relative To Monetary Inflation

via: SeekingAlpha at 2018-12-18 14:14:09:000

Rick Rule, President & CEO of Sprott USA Holdings , shares with us on SBTV his valuable observations of investing the contrarian way and investor psychology needed to survive a bear market. We find out how Rick views physical gold and other resources that are on his radar at this moment… read more...

Momentum Modeling: Recommendations Today Vs. December Of 2007

via: SeekingAlpha at 2018-12-18 02:11:52:000

Is the volatile stock market of the last few weeks sufficient to justify the fear expressed in newspaper headlines? For example, in the left-hand column of The New York Times (12/16/2018), this headline appeared. "The Best Place To Put Money? Your Mattress." To check on this warning I examin… read more...

Gold gains as stocks slide; many precious metals miners post strong gains

via: SeekingAlpha at 2018-12-17 14:55:40:000

Gold futures settle at their highest level in more than a week , helped by weakness in the dollar and losses in the stock market; Comex February gold settles +0.8% at $1,251.80/oz. More news on: Coeur Mining, Inc., Eldorado Gold Corporation, Pretium Resources Inc, Commodities news, Stoc… read more...

Weekly Fund Wrap: Coal For Christmas

via: SeekingAlpha at 2018-12-17 09:39:57:000

The arrest of the Huawei CFO and daughter of the company's founder, Meng Wanzhou, during the G20 summit has injected uncertainty into the US-China tariff negotiations with President Trump appearing to use the event as a bargaining chip. The actions of the US government revolve around statement… read more...

Gold Weekly: Monetary Demand Picks Up Ahead Of Troubled Waters In 2019

via: SeekingAlpha at 2018-12-17 09:16:25:000

Troubled Water, Claude Morin (Saatchi Art) Introduction Welcome to my Gold Weekly. In this report, I wish to discuss mainly my views about the gold market through the World Gold Shares SPDR Gold Minishares Trust ETF (GLDM). GLDM is directly impacted by the vagaries of gold spot… read more...

Commodities Could Be The Play Of The Decade

via: SeekingAlpha at 2018-12-17 08:56:06:000

The S&P Commodity Index to S&P 500 Ratio has reached an all-time low, indicating that now may be the perfect time to buy commodities. As the chart below indicates, the last time commodities were this cheap in relation to equities occurred in 1999. From the 1999 lows to 2008 highs, th… read more...

Kevin Wilson Positions For 2019: Global Recession Expected

via: SeekingAlpha at 2018-12-17 08:00:00:000

What do you expect to be the key driver of stock market performance in 2019? China's declining economy and plunging markets will continue to surprise the US market, sustaining the current sell-off. I suggested last year that this was likely to happen ( Kevin Wilson, 2017 ). This will mainl… read more...

Is GLD The Best Safe Haven For Market Chaos?

via: SeekingAlpha at 2018-12-17 07:55:04:000

With the financial markets experiencing another round of turmoil, it is critical for investors to identify their preferred safe-haven instruments for portfolio protection. Historically, these types of market environments have punished those holding risky stock assets while favoring investors h… read more...

Gold Is Range Bound As Commodities Struggle And The Dollar Hits New 2018 High

via: SeekingAlpha at 2018-12-16 08:31:25:000

Here are the daily charts for the gold, commodities and dollar exchange-traded funds. The Gold Trust ETF tracks the spot price of gold and is said to be backed by gold bars in vaults in London. SPDR Gold Trust (NYSEARCA: GLD ) Courtesy of MetaStock Xenith The Gold ETF ($117.0… read more...

Fed Up! Friday Gold Wrap 12.14.18

via: SeekingAlpha at 2018-12-16 05:39:39:000

The SchiffGold Friday Gold Wrap podcast combines a succinct summary of the week's precious metals news coupled with thoughtful analysis. Friday Gold Wrap host Mike Maharrey is fed up this week. He's fed up with flip-flopping central bankers, big-spending politicians and destructive mone… read more...

Dual Momentum December Update

via: SeekingAlpha at 2018-12-16 05:22:57:000

Scott's Investments provides a free "Dual ETF Momentum" spreadsheet which was originally created in February 2013. The strategy was inspired by a paper written by Gary Antonacci and available on Optimal Momentum. Antonacci's book, Dual Momentum Investing: An Innovative Strategy for Higher R… read more...

This Week In Money - December 15, 2018

via: SeekingAlpha at 2018-12-16 02:52:17:000

Ross Clark S&P death cross, Santa Claus rally, and gold. Gerald Celente A Look into 2019. James Corbett Huawei, Canada, US/China trade war. Larry Reaugh - President & CEO of American Manganese Inc. Produced by … read more...

Gold: Setting Up For A Substantial Move Higher In 2019

via: SeekingAlpha at 2018-12-15 04:38:11:000

Source: FinancialTimes.com Gold/SPDR Gold Shares ( GLD ) is at a crucial juncture with the yellow metal trading around its key $1,250 level. It's been a roller-coaster ride for gold over the past year with prices going higher, then lower, and now essentially sitting flat for the past ye… read more...

Capital Protection Should Be Your First Priority Right Now

via: SeekingAlpha at 2018-12-15 01:31:39:000

The economic expansion in the U.S. is getting quite extended, and the US economy is facing heavy headwinds due to slowdowns in China and Europe. Both revenue growth and profit margins for U.S. stocks look vulnerable to the downside. Besides, global stock markets are already trending down, and … read more...

Not Enough Lifeboats: Markets Far More Dangerous Than Generally Believed

via: SeekingAlpha at 2018-12-15 00:29:42:000

RMS Titanic Had Only 16 Lifeboats (Eight Per Side), Leaving Hundreds With No Means of Escape Source Famous market observer Art Cashin mentioned a metaphor in October 2017 that resonated with me. He said (words to the effect that) at that moment, market players had only the protection… read more...

Gold-Stock Triple Breakout

via: SeekingAlpha at 2018-12-15 00:14:37:000

The beleaguered gold stocks are recovering from their late-summer capitulation, enjoying a solid young upleg as investors gradually return. Their buying has pushed the leading gold-stock ETF near a major triple breakout technically. That event should really boost capital inflows into this sect… read more...

The Intelligent Investor's Guide To Gold, Central Bank Manipulation & The 'Future Of Money'

via: SeekingAlpha at 2018-12-14 18:50:08:000

In this new edition of Real Conversations , Goldmoney Founder and CEO Roy Sebag sits down with Hedgeye CEO Keith McCullough for a deep-dive discussion on currencies, gold, the global economy and markets in a world warped by central bank manipulation. Keith and Roy dissect the current … read more...

Commodities Recap For The Week Of December 14, 2018

via: SeekingAlpha at 2018-12-14 18:34:12:000

The story of this week: The Fed is up next The last big event of 2018 that is on the schedule is next weeks final gathering of the FOMC. At their June meeting, then Fed advised markets that they added another 25 basis point rate hike to their agenda of 2018 bringing the numb… read more...

The Fed's Decision May Yield A Surprise

via: SeekingAlpha at 2018-12-14 06:15:00:000

The year is now coming to an end, and the final scheduled significant event is the December 18-19 meeting of the Federal Reserve's FOMC where the members of the committee will decide if the Fed Funds rate will rise for the fourth time this year. In 2015, the Fed hiked rates once and followed… read more...

Gold - A Perfect Storm For 2019

via: SeekingAlpha at 2018-12-14 06:12:27:000

2018 reprise For gold bulls, 2018 was disappointing. From 11 December 2017, when gold made a significant bottom against the dollar at $1243, it has ended virtually unchanged today, after being 4.2% up. Gold had to struggle against a rising dollar, whose trade-weighted index rose a net 3.7% o… read more...

Gold Price Analysis: Closer To A Significant Monetary Event

via: SeekingAlpha at 2018-12-14 06:03:23:000

Previously, I have shown how we could be close to a major financial crisis with the monetary system at the center. The following chart that shows the ratio of gold to the monetary base was used: The chart shows the ratio of the gold price to the St. Louis Adjusted Monetary Base back to 1918…. read more...

GLD ETF Can Continue Rallying Higher

via: SeekingAlpha at 2018-12-13 07:50:13:000

The SPDR Gold Shares ( GLD ) ETF is down around 8.66% from its 52-week high in January 2018. The most prominent driver of the gold price has been the hawkish approach to monetary policy by the US Federal Reserve for most of this year. The performance of gold is strongly inversely correlated to… read more...

Physical Gold Vs. Paper Gold, What Should You Buy?

via: SeekingAlpha at 2018-12-13 04:50:11:000

This is the third of a series of articles about my vision of the gold sector, if you want to read the previous ones: It's The Perfect Moment To Have Gold As A Hedge For Your Portfolio Strategies To Benefit From The Upcoming Gold Bull Market In this article, I will focus on: … read more...

Where Are Markets Heading In 2019?

via: SeekingAlpha at 2018-12-13 00:54:33:000

Michael Oliver provides his usual prescient insights into the precious metals, currency, equity and debt markets. Michael Oliver entered the financial services industry in 1975 on the Futures side, joining E.F. Huttons International Commodity Division, NYC. He studied unde… read more...

The Two Sides Of A Fear-Driven Gold Market

via: SeekingAlpha at 2018-12-12 17:56:11:000

As I've emphasized in this report recently, fear has become gold's biggest ally in December. Gold's fear component is a powerful factor and is second in importance to its currency component as a directional driver. There is, however, a downside to a strictly fear-driven market environment. We'… read more...

What Portfolio Theory Says About Investing In Gold

via: SeekingAlpha at 2018-12-12 09:30:15:000

Gold ( GLD ) is by far the most controversial asset class. The yellow metal has always attracted more than its fair share of colorful personalities. Gold is historically the world's best store of liquid wealth and a defense against potential devaluation of fiat currencies. But is gold still a … read more...

A New Wrinkle In The U.S.-China Trade Dispute

via: SeekingAlpha at 2018-12-12 08:47:13:000

Last week I had the opportunity to attend the Young Presidents Organization (YPO) parliamentary intelligence forum in Washington, D.C. More than 200 members of parliaments from as many as 60 European countries joined us to hear from such dignitaries as Congressmen Robert Pittenger (R-NC) and… read more...

Gold Makes Strides On The Upside

via: SeekingAlpha at 2018-12-12 06:48:00:000

The gold market faded into the background over the past months as the price of the yellow metal broke down over the summer months and declined to its lowest level since early 2017. The strong dollar weighed on the price of gold in mid-August. As the dollar index rose to a new high, the preciou… read more...

Platinum Loves To Fail

via: SeekingAlpha at 2018-12-12 06:00:00:000

Platinum is a rare metal with incredible properties. Of the four precious metals that trade on the COMEX and NYMEX divisions of the Chicago Mercantile Exchange, platinum has the highest density, melting and boiling point. Platinum has a myriad of industrial applications in automobile catalytic… read more...

Where Is The PPT? Precious Metals Supply And Demand

via: SeekingAlpha at 2018-12-12 05:25:57:000

A Rocky Road The price of gold rose $26, and the price of silver rose $0.44. And bitcoin fell $560. Somebody should look into if the Fed and the Plunge Protection Team and the Bitcoin Banks are in cahoots to sell bitcoin naked-short No PPT for Bitcoin - after breaking a long-standi… read more...

The Fundamental Backdrop Turns Bullish For Gold... Almost

via: SeekingAlpha at 2018-12-10 11:05:45:000

Editor's note: Originally published at tsi-blog.com on December 10, 2018 Apart from a 2-week period around the middle of the year, my Gold True Fundamentals Model (GTFM) has been bearish since mid-January 2018. There have been fluctuations along the way, but at no time since mid-January … read more...

Wrong Week To Buy The Dip As New Information Surfaces

via: SeekingAlpha at 2018-12-10 07:13:39:000

Introduction: a rapid backtrack! Last weekend, I began a series of articles based on the premise that certain stocks had been hurt too much during and in the aftermath of the second 10% correction of 2018. In a top-down analysis in Part 1 , I pointed to positive seasonality in December an… read more...

Gold, Silver And The Markets: What's Next For 2019

via: SeekingAlpha at 2018-12-10 04:52:13:000

The big question on the minds of most investors is what will happen to the markets and precious metals in 2019. Well, the answer depends mainly on two factors, the oil price and overall weakness in the economy. If the oil price continues to decline, it will indicate a deflationary outcome for … read more...

I Would Not Wait For A Correction To Get Into Gold

via: SeekingAlpha at 2018-12-10 01:44:01:000

Investment Thesis Gold ( GLD ) is one of the few assets that have been trading higher recently and we have seen the Fed making comments which are at least interpreted as less hawkish. The setup for gold looks very promising as gold could be trading higher on both the safety trade and rate … read more...

Why You Should Be Bullish On Gold

via: SeekingAlpha at 2018-12-09 23:01:22:000

In my last article on October 26 th , I was bullish on gold ( GDX , ASA ) as I expected it to have a rise in its value. This came true as the yellow metal rose till the key resistance level at $1,238.33. Thus, in this article I shall look at the probability of gold having a further rise aga… read more...

A Step-By-Step Gold Turnaround

via: SeekingAlpha at 2018-12-09 22:28:58:000

It has been a long time in coming, but things are finally looking up for gold. After a drawn-out bottoming process over the last four months, the gold price is climbing out the basement in stair-step fashion. Today well review the key signs which confirm golds intermediate-term… read more...

Weekly Fund Wrap: Now You See It, Now You Don't

via: SeekingAlpha at 2018-12-09 17:21:38:000

Last week's optimism on the bilateral US-China trade deal coming out of the G20 gave way to reality. A number of claims about key components of the deal made by the US side remain to be confirmed by China, leading to doubt and weakness in the markets as initial optimism and risk appetite was l… read more...

Gold Is Glittering As Commodities Stabilize And The Dollar Stalls

via: SeekingAlpha at 2018-12-09 13:15:57:000

Here are the daily charts for the gold, commodities and dollar exchange-traded funds. The Gold Trust ETF tracks the spot price of gold and is said to be backed by gold bars in vaults in London. SPDR Gold Trust (NYSEARCA: GLD ) Courtesy of MetaStock Xenith The Gold ETF ($118.0… read more...

What To Sell Short On The Next Rally

via: SeekingAlpha at 2018-12-09 10:41:44:000

As much as you may think I have just gone MAD , I believe it is time to start dipping your toe in on the short side in the stock market on the next major rally. I want to elaborate on the finer points of the rationale for doing this trade. The last gasps of the tailwind provided by last… read more...

This Week In Money - December 8, 2018

via: SeekingAlpha at 2018-12-09 05:25:47:000

Ross Clark Stock markets, oil, gold. Marc Faber China, real estate, gold, Dow. Ed Steer Silver and gold. Larry Reaugh President & CEO of American Manganese Inc. Greg Johnston President & CEO of Carl Data Solutons … read more...

Palladium Shortages Expose Broken Futures Markets; Craig Hemke Warns Of Fraud...

via: SeekingAlpha at 2018-12-08 08:19:55:000

Welcome to this week's Market Wrap Podcast, I'm Mike Gleason. Coming up Craig Hemke of the TF Metals Report joins me for a fascinating conversation you will not want to miss. Craig tells me why we all need to pay attention to the white-hot palladium market right now and discusses the … read more...

Gold Flows Into ETFs For Second Straight Month; Global Holdings Up On The Year

via: SeekingAlpha at 2018-12-08 03:33:47:000

By SchiffGold Gold holdings in gold-backed ETFs rose for the second straight month and turned positive for the year in November. According to a report by the World Gold Council , 21.2 tons of gold, valued at about $804 million, flowed into ETFs last month. Total global holding rose to 2… read more...

Trade War Tomfoolery: SchiffGold Friday Gold Wrap 12.07.18

via: SeekingAlpha at 2018-12-08 03:27:00:000

By SchiffGold The SchiffGold Friday Gold Wrap podcast combines a succinct summary of the week's precious metals news coupled with thoughtful analysis. The stock market rallied earlier this month on good news in the trade war. Then the stock market tanked on bad news in the trade war… read more...

Stock Selloff Boosting Gold

via: SeekingAlpha at 2018-12-08 01:56:40:000

The recent stock-market selloff is persisting, fueling mounting worries among investors. The intensifying volatility and lack of a quick rebound higher is strangling euphoric sentiment, spawning self-reinforcing selling pressure. Scoffed at a few months ago, the notions that a young bear marke… read more...

Time To Load Up The Truck With Gold, Silver, And E-Mini S&P 500 For Christmas Rally

via: SeekingAlpha at 2018-12-07 12:00:26:000

This is the VC PMI Early Bird Daily Special Update for December 6, 2018. E-Mini S&P As I write this, the E-mini S&P is trading last at 2,653.50 down 48.25. The average price for today is 2,729, and the market has come down into the area of our proprietary artificial intelligence al… read more...

Gold edges higher to five-month peak after U.S. jobs data

via: SeekingAlpha at 2018-12-07 11:20:49:000

Gold prices hit a five-month peak as weaker than expected U.S. jobs data raises the possibility that the Federal Reserve might go slow on interest rate hikes next year: Comex futures +0.6% at $1,251.30/oz. More news on: SPDR Gold Trust ETF, VanEck Vectors Gold Miners ETF, Direxion Dai… read more...

Gold, Silver And The Markets: What's Next For 2019 - Steve St. Angelo (06/12/2018)

via: SeekingAlpha at 2018-12-07 04:03:21:000

By Steve St. Angelo for SRSRoccoReport The big question on the minds of most investors is what will happen to the markets and precious metals in 2019. Well, the answer depends mainly on two factors: oil price and overall weakness in the economy. If the oil price continues to decline, it wi… read more...

Trump's Trade War Dilemma And Gold

via: SeekingAlpha at 2018-12-07 03:37:56:000

If the "risk on/risk off" stock market meme was absurd, its derivative - the "trade war on/trade war off" meme - is idiotic. Over the last several weeks, the stock market has gyrated around media sound bytes, typically dropped by Trump, Larry Kudlow or China, which are suggestive of the degree… read more...

Is It Time To Be Bullish On Gold?

via: SeekingAlpha at 2018-12-06 23:36:26:000

The SPDR Gold Trust ETF ( GLD ) has declined by about 9.12% from its 52-week high in January 2018. The most prominent driver of the gold price has been the hawkish approach to monetary policy by the US Federal Reserve. The performance of gold is strongly inversely correlated to movements in th… read more...

Gold - Technical Analysis

via: SeekingAlpha at 2018-12-06 14:37:16:000

We concluded on November 1st, 2018 that gold appears to be an attractive investment during the next few years. That assessment remains by and large valid. The technical picture is close to confirming a short-term trend to the upside. Gold gained roughly 7% from its mid-August low. Price ac… read more...

Strategies To Benefit From The Upcoming Gold Bull Market

via: SeekingAlpha at 2018-12-06 13:15:10:000

This is the second of a series of articles about my vision of the gold sector. In the previous one, I've discussed why I believe that the gold is undervalued, why it can work well as a hedge for your portfolio and the main catalysts that could drive the gold price higher. You can check it out … read more...

Why Interest Rates Are Inevitably Heading Higher

via: SeekingAlpha at 2018-12-06 12:00:40:000

Alasdair Macleod and Michael Oliver return on this week's episode of the radio program. Since 1981, interest rates have been in a secular decline, falling from 20% to zero in U.S. dollars. They are now on the rise, but the general assumption is that the current low interest rate environment … read more...

Gold traders most bullish in years

via: SeekingAlpha at 2018-12-06 11:06:00:000

According to Bloomberg's weekly survey, gold traders and analysts are the most bullish since at least April 2015 (the start of the data series). More news on: SPDR Gold Trust ETF, iShares Gold Trust ETF, Sprott Physical Gold Trust, Commodities news, News on ETFs, Read more … read more...

A Post-Traumatic Stress Rally For Gold

via: SeekingAlpha at 2018-12-05 12:01:15:000

After being relegated to a narrow trading range for the last few months, gold now has its best chance in a while at decisively breaking out of this range. As Ive emphasized in recent reports, golds safety factor usually doesnt kick in until the psychological trauma indu… read more...

GLD: A Cheaper Way To Diversify A Portfolio

via: SeekingAlpha at 2018-12-05 11:57:06:000

We have consistently stated that as the market rallies higher, we will continually look for defensive-type stocks. Price is now almost 3 years from the December lows which means that the 4-year cycle low may come due next year. If our research is correct, we expect a failed yearly cycle prob… read more...

Are You Worried About The Stock Market? How To Protect Your Portfolio

via: SeekingAlpha at 2018-12-05 10:52:24:000

When making investment decisions, one of the most important things to consider is having a plan to protect your portfolio in a bear market. Nobody knows for certain what the market will do in the middle term, but a bear market is coming sooner or later, that's just the way financial markets … read more...

Palladium price hits record high, beating gold as most valuable precious metal

via: SeekingAlpha at 2018-12-05 10:10:35:000

Gold loses its luster as the most valuable precious metal to palladium, recently +1.7% at $1,256/oz. in surpassing the price of gold for the first time since 2002; gold futures recently traded at ~1,243/oz. More news on: SPDR Gold Trust ETF, iShares Gold Trust ETF, Sprott Physical Gol… read more...

Gold Reacts To The Fed

via: SeekingAlpha at 2018-12-05 06:15:00:000

Nearby February gold futures on the COMEX division of the CME settled at the $1227.80 per ounce level on Friday, November 30. On Tuesday, December 4, it traded to a high at $1247.50. The low for the year on the active month contract was at $1173.20 on August 16, but the continuous contract bot… read more...

2018 Commodity Performance

via: SeekingAlpha at 2018-12-05 02:26:59:000

Below is a look at the 2018 YTD performance of major commodities. As shown, natural gas is up 47.2%, which is by far the biggest gainer of the bunch. Wheat and orange juice are the only other two commodities in the green on the year with gains of 5%+. While corn and gold are down single-d… read more...

Gold Weekly: Ready To Take Off After Trade War Truce

via: SeekingAlpha at 2018-12-04 17:13:04:000

The Truce , Anatolii Varvarov (Saatchi Art) Introduction Welcome to my Gold Weekly. In this report, I wish to discuss mainly my views about the gold market through the World Gold Shares SPDR Gold Minishares Trust ETF ( GLDM ). GLDM is directly impacted by the vagaries of gold spot p… read more...

Gold quiet amid panicky selloff in stocks

via: SeekingAlpha at 2018-12-04 15:47:04:000

The yellow metal is up a scant 0.35% to $1,244 per ounce 15 minutes ahead of the close of the stock market. More news on: SPDR Gold Trust ETF, iShares Gold Trust ETF, Sprott Physical Gold and Silver Trust, Commodities news, Top stock market news, Stocks on the move, News on ETF… read more...

How To Mitigate Market Volatility Without Sacrificing Strong Returns

via: SeekingAlpha at 2018-12-04 13:13:33:000

I wrote about one method of adapting Ray Dalio's "All-Weather Portfolio" earlier this year in an attempt to maintain high levels of income and total returns, while simultaneously achieving significant diversification across asset classes that had low levels of correlation to each other. Howe… read more...

Weekly Fund Wrap: Goodbye To All That

via: SeekingAlpha at 2018-12-04 11:22:02:000

All eyes were on the G20 this past week and, particularly, for market participants on the bilateral Trump - Xi meeting at the end of the week. The two sides have reached an agreement to delay for 90 days the expected 25% increase in tariffs on most Chinese imports into the US to allow the two … read more...

Commodities Continue To Slump, Gold Remains Stable As The Dollar Sets A New High

via: SeekingAlpha at 2018-12-04 00:31:38:000

Here are the weekly charts for the gold, commodities and dollar exchange-traded funds. The gold trust ETF tracks the spot price of gold and are said to be backed by gold bars in vaults in London. SPDR Gold Trust (NYSEARCA: GLD ) Courtesy of MetaStock Xenith The Gold ETF ($115… read more...

E-Mini S&P 500 Making A Spike Top And In Gold And Silver A Spike Bottom?

via: SeekingAlpha at 2018-12-03 17:19:52:000

The VC PMI Automated Algorithm We use the proprietary Variable Changing Price Momentum Indicator (VC PMI) to analyze the markets. The primary driver of the VC PMI is the principle of reversion to the mean (" Mean Reversion Models of Financial Markets "; " The Power of Mean Reversion in Fac… read more...

Mean Reversion Trading Service Launched

via: SeekingAlpha at 2018-12-03 15:30:00:000

Today I am proud to launch my Seeking Alpha Marketplace service, Mean Reversion Trading . The Mean Reversion Trading Reports The reports based on the Variable Changing Price Momentum Indicator (VC PMI) provide day traders, swing traders and long-term traders with a structure of precis… read more...

Gold: Any Breakout Above The Current Resistance Level May Be A Classic Bull Trap

via: SeekingAlpha at 2018-12-03 13:12:13:000

Introduction Consolidation periods are a challenge to any analyst. The prices are volatile leaving investors undecided about the direction the market is heading for. What is more, the traditional technical analysis may be misleading during consolidations most oscillators are neutr… read more...

The Inverse Relationship Between Gold, The U.S. Dollar And Central Bankers

via: SeekingAlpha at 2018-12-03 11:14:50:000

Preamble There are a myriad of factors that need to be taken into consideration before one can determine the direction of a particular market sector and place trades accordingly. Fundamental analysis and technical analysis are two of the key methods employed in the directional determinati… read more...

Leveraged ETF Decays - Update

via: SeekingAlpha at 2018-12-03 11:09:36:000

I measure once a month the decay of major leveraged ETFs. It may be useful for anyone using leveraged ETFs for investing, trading or hedging. Where does the decay come from? Most of the time, a leveraged ETF does worse than the underlying asset leveraged by the same factor. This relative… read more...

Beyond The Stock Peaks

via: SeekingAlpha at 2018-12-03 09:05:41:000

Hypothesis : Combining some basic inputs, the new Anticipation Model indicator can be useful in tracking the macro conditions of the stock market. Introduction When I wrote the last two articles about the passing of the US stock peaks on September 15 and again on October 3 , the timi… read more...

Gold Mining Bull: Top News For November 2018

via: SeekingAlpha at 2018-12-03 07:51:39:000

Top Gold Mining News for November 2018 I am here to provide you with the top news in the gold mining sector for November 2018, as well as provide some analysis on gold prices and a few words of encouragement. I think we can all agree that November has been a month to forget for gold and go… read more...

Gold Finally Gets Some Institutional Support

via: SeekingAlpha at 2018-12-03 07:50:14:000

Although gold still faces strong short-term obstacles in the form of a strong dollar and a weak crude oil price, the prospects for an intermediate-term turnaround are still strong. Along with diminishing competition from rising Treasury yields, institutional and central bank interest in the me… read more...

The Gold Market Holds Its Breath For December

via: SeekingAlpha at 2018-12-03 06:00:00:000

Gold is in a holding pattern during the final days of November and has been trading in a range from $1216.80 to $1236.70 since November 16. The gold market has gone to sleep as the dangerous month of December approaches. Gold recovered from the mid-August low which is the bottom for 2018, so… read more...

This Week In Money - December 1, 2018

via: SeekingAlpha at 2018-12-02 02:56:01:000

Ross Clark Crude oils decline, interest rates, gold. Rick Ackerman China/US Trade, G20, interest rates and the car business. James Corbett Japan, China, steel quality. Larry Reaugh President & CEO of American Manganese Inc… read more...

The Powell Put: SchiffGold Friday Gold Wrap 11.30.18

via: SeekingAlpha at 2018-12-01 05:59:25:000

By SchiffGold The SchiffGold Friday Gold Wrap podcast combines a succinct summary of the week's precious metals news coupled with thoughtful analysis. The Powell Put is on! The Federal Reserve Chair shocked markets this week with comments indicating the central bank might be close t… read more...

It's The Perfect Moment To Have Gold As A Hedge For Your Portfolio

via: SeekingAlpha at 2018-11-30 13:18:44:000

This is the first of a series of articles, where I'll discuss my vision of the gold sector. In this article,I will focus on: Gold correlations : Analyzing the different factors that were historically linked to the gold prices. Capital cycle : Explaining why I think that the gol… read more...

Why You Should Wait To Buy Gold: The Opportunity Cost Of Holding The Metal Is Still Rising (For Now)

via: SeekingAlpha at 2018-11-29 10:47:31:000

Roughly seven months ago, in August of this year, I penned a note to subscribers of my premium Marketplace service titled, "If You Want To Buy Gold, Watch The Fed." In that note, I wrote that I was cutting my exposure to gold to the minimum allowable exposure for the model portfolio strat… read more...

Gold: History Is Repeating Itself - Time To Listen To The Buy Bell

via: SeekingAlpha at 2018-11-29 08:35:50:000

In this article Ill discuss a correlation in gold between the 1970s and today. Ill then take a look at the high confidence portion of the expected move up in both gold and HUI Goldbugs Index and the significant opportunity that is nigh upon us. In 1968 gold … read more...

Silver Continues To Hibernate

via: SeekingAlpha at 2018-11-29 06:00:00:000

The silver market has a long history as the most volatile precious metal. The periods of wide price variance attract trend-following traders and speculators who flock to the silver futures arena in the hope of hopping on board a move creates significant moves on a percentage basis. Buyers of s… read more...

Fundamental Concerns: 2007/2008 Vs. 2018

via: SeekingAlpha at 2018-11-28 18:51:24:000

Preparing For Another Crisis? As outlined in detail on Nov. 17 , when market participants see really unfavorable economic and market outcomes, they anticipate future Fed rate cuts and begin migrating to defensive long-term Treasury bonds. Since the S&P 500 hit the first 2018 peak … read more...

Commodities and currencies catch a bid on dovish Powell remarks

via: SeekingAlpha at 2018-11-28 12:23:45:000

Interest rates are "just below" neutral, says Fed Chair Jay Powell , a reversal in rhetoric from only weeks ago when he said the Fed Funds rate was a long way from neutral. More news on: The United States Oil ETF, LP, SPDR Gold Trust ETF, Invesco CurrencyShares Euro Trust ETF, Commodities… read more...

Gold Weekly: The Speculative Community Has Less Conviction, Not Me!

via: SeekingAlpha at 2018-11-28 10:58:06:000

Conviction , Stella Kisstiger (Saatchi Art) Introduction Welcome to my Gold Weekly. In this report, I wish to discuss mainly my views about the gold market through the GraniteShares Gold Trust ETF ( BAR ). BAR is directly impacted by the vagaries of gold spot prices because the fund… read more...

Top Gold Miners' Production Cost Still Provides Floor In The Market Price

via: SeekingAlpha at 2018-11-28 04:02:24:000

While the debate on the dynamics of the gold market continues, at least the top gold miners' production cost provides us with a floor price. Or rather, a basic minimum price level. I get a good laugh when I read analysts suggesting that the gold price will fall back to $450-700. For the gold p… read more...

Global Debt Increase 2018 Vs. Gold Investment: Must See Charts

via: SeekingAlpha at 2018-11-28 03:59:02:000

Global debt increased at the fastest rate at the beginning of 2018. In just one quarter, total global debt jumped by more than $8 trillion. That is quite surprising as total world debt rose by $22 trillion for the full year in 2017. Thus, the increase in global debt last year averaged $5.5 tri… read more...

The Emperor Knows He Has No Clothes

via: SeekingAlpha at 2018-11-27 14:35:57:000

Source Introduction Famous author and security analyst George Friedman has noted recently that China seems to be losing its war on financial risk, poverty, and pollution ( Geopolitical Futures blog, 2018 ). The focus has shifted instead to dealing with what China calls growing … read more...

Revisiting The Gold-Backed Yuan Fantasy

via: SeekingAlpha at 2018-11-27 11:15:50:000

Editor's note: Originally published at tsi-blog.com on November 27, 2018 [This is an excerpt from a commentary posted at TSI about three weeks ago] In an article titled " China's monetary policy must change " Alasdair Macleod discusses a path that China's government could take to mak… read more...

How To Use Data To Pick The Best ETFs For Your Portfolio: Part Two

via: SeekingAlpha at 2018-11-27 08:25:04:000

Bias reduces typical investor returns but creates an opportunity for you to exploit the bias of others. Note: This is part two of my series on how to use data to pick the best ETFs for your portfolio. You can read part one here . Most of you won't be surprised by this, but retail investo… read more...

Precious Metals: Critical Support Test Ahead

via: SeekingAlpha at 2018-11-26 20:00:19:000

The entire commodity sector is facing a critical support test over the next several weeks. We have made the case in past articles that commodities as a whole are bottoming, having hit 40+ year lows on both an absolute (US dollar terms) and relative (compared to stocks) basis during the first q… read more...

Gold: One More Dip After This Run-Up, Then It's GO-LD Time

via: SeekingAlpha at 2018-11-26 04:42:01:000

Many of you who have followed the gold trade know that it is a forgotten asset for the most part. As a gold dealer, it's not just me but my suppliers who are feeling like the Maytag Repairman waiting for the phone to ring. In January, I pointed out The Trump Effect On Gold , and how since h… read more...

Commodities Slump On Weak Oil, As Gold And The Dollar Remain Stable

via: SeekingAlpha at 2018-11-25 08:57:16:000

Here are the daily charts for the gold, commodities and dollar exchange-traded funds. The Gold Trust ETF tracks the spot price of gold and is said to be backed by gold bars in vaults in London. SPDR Gold Trust (NYSEARCA: GLD ) Courtesy of MetaStock Xenith The Gold ETF ($115.7… read more...

Metals Moving In Unison For A Massive Price Advance: Part II

via: SeekingAlpha at 2018-11-25 07:28:02:000

As we continue to explore our custom research into the metals markets and our presumption that the metals markets are poised for a massive price rally over the next few months/years, we pick up this second part of our multi-part article illustrating our research work and conclusions. If you mi… read more...

Gold Is Setting Up For A Nice First-Half Rally

via: SeekingAlpha at 2018-11-25 07:08:17:000

Precious metals investors don't have much to console them these days. Just about the only bright spot is the nice, though ephemeral, pop in the gold/silver price that seems to happen every January. Sometimes it persists for six or so months, sometimes it ends before the snows do. But either wa… read more...

Stock, Bond, And Real Estate Bubbles Are Popping - Got Gold?

via: SeekingAlpha at 2018-11-25 04:36:53:000

"I don't know how this whole thing is going unwind - I just think it's not going to be pleasant for any of us, even if you own gold and silver. I think owning gold and silver gives you a chance to survive financially and see what it's going to look like on the other side of what is coming&#x20… read more...

This Week In Money - November 24, 2018

via: SeekingAlpha at 2018-11-25 01:48:23:000

Ross Clark Oil, Gold, Stocks, and Junk Bonds Wolf Richter Stock Market, Real Estate and Interest Rates. Peter Ingram Tax Planning, Cross Border Tax. Larry Reaugh - President & CEO of American Manganese Inc. Jim Pettit - Pre… read more...

To Succeed In The Markets, You Must Become A 'Second Level Thinker'

via: SeekingAlpha at 2018-11-22 05:12:01:000

"To achieve superior investment results, you have to hold non-consensus views regarding value, and they have to be right. That's not easy The good news is that the prevalence of first level thinkers increases the returns available to second level thinkers. To consistently achieve supe… read more...

To Succeed In The Markets, You Must Become A 'Second Level Thinker'

via: SeekingAlpha at 2018-11-22 05:12:01:000

"To achieve superior investment results, you have to hold non-consensus views regarding value, and they have to be right. That's not easy The good news is that the prevalence of first level thinkers increases the returns available to second level thinkers. To consistently achieve supe… read more...

To Succeed In The Markets, You Must Become A 'Second Level Thinker'

via: SeekingAlpha at 2018-11-22 05:12:01:000

"To achieve superior investment results, you have to hold non-consensus views regarding value, and they have to be right. That's not easy The good news is that the prevalence of first level thinkers increases the returns available to second level thinkers. To consistently achieve supe… read more...

Metals Moving In Unison For A Massive Price Advance: Part I

via: SeekingAlpha at 2018-11-22 03:32:10:000

Are the metals markets ending a price correction in unison and preparing for a massive price advance? This is the question we asked our research team to investigate and their findings may help skilled traders identify great opportunities in the future. This multi-part research article will sha… read more...

Metals Moving In Unison For A Massive Price Advance: Part I

via: SeekingAlpha at 2018-11-22 03:32:10:000

Are the metals markets ending a price correction in unison and preparing for a massive price advance? This is the question we asked our research team to investigate and their findings may help skilled traders identify great opportunities in the future. This multi-part research article will sha… read more...

Metals Moving In Unison For A Massive Price Advance: Part I

via: SeekingAlpha at 2018-11-22 03:32:10:000

Are the metals markets ending a price correction in unison and preparing for a massive price advance? This is the question we asked our research team to investigate and their findings may help skilled traders identify great opportunities in the future. This multi-part research article will sha… read more...

The Global Debt Bubble Could Be About To Explode: Time To Protect Your Portfolio

via: SeekingAlpha at 2018-11-21 13:01:33:000

Interest rates in many big markets have been at zero or even below zero during the past decade. This has produced a massive increase in debt levels all over the world. The era of cheap money is gradually coming to an end, and this could have massive implications for your portfolio. Cheap Mon… read more...

Gold Weekly: Bearish Speculators Vs. Bullish Investors

via: SeekingAlpha at 2018-11-21 10:35:29:000

Verus , Oxue Moises Miranda Lopez (Saatchi Art) Introduction Welcome to my Gold Weekly. In this report, I wish to discuss mainly my views about the gold market through the GraniteShares Gold Trust ETF ( BAR ). BAR is directly impacted by the vagaries of gold s… read more...

The Non-Expiring Hedge - Precious Metals Supply And Demand

via: SeekingAlpha at 2018-11-21 10:13:01:000

The "Risk Asset" Dip Not Worth Buying Is On Its Way The prices of the metals rose, gold by +$11 and silver by +$0.25. The question on everyone's mind (including ours) is: what will cause a change in the gold price trend, or what will make gold go up in a large and durable way? And that leads… read more...

The Glistening Project: Why Some Investors Are Looking Again At Gold

via: SeekingAlpha at 2018-11-21 06:55:32:000

By Steve Land, Vice President, Research Analyst, Portfolio Manager, Franklin Gold and Precious Metals Fund, Franklin Equity Group For some investors, increasing exposure to gold has been a knee-jerk reaction to bouts of heightened financial market volatility. Franklin Equity Group's Steve … read more...

Gold Remains In Its Trading Range - A Move Could Be On The Horizon

via: SeekingAlpha at 2018-11-21 06:15:00:000

In mid-August, the price of gold fell to $1161.40 which was its lowest level of 2018. The yellow metal had not seen that level since the first week of January in 2017. Gold fell to its low as the dollar index rose to a new and higher high for 2018 at 96.865 in August. Gold is facing bullish … read more...

Platinum Wilts While Palladium Flourishes

via: SeekingAlpha at 2018-11-21 06:00:00:000

After trading at a discount to gold since 2014, the metal that was formerly "rich man's gold" slipped to a discount to the price of another platinum group metal in September 2017. Palladium remains in a bull market that began in early 2016 when the price found a bottom at $451.50 per ounce. … read more...

Buy Gold Stocks And ETFs While They're Still Cheap

via: SeekingAlpha at 2018-11-21 03:18:07:000

Editor's note: Seeking Alpha is proud to welcome Daniel Maday as a new contributor. It's easy to become a Seeking Alpha contributor and earn money for your best investment ideas. Active contributors also get free access to the SA PRO archive. Click here to find out more Investors sh… read more...

Market Volatility Bulletin: Stocks Have A Target On Their Back

via: SeekingAlpha at 2018-11-20 15:51:18:000

Market Intro CNBC: Tuesday 2:03PM EST Investors had a heaping helping of another large-magnitude down day in US (and global) stocks ( SPY , DIA , QQQ , IWM , ACWX ). On this occasion, a relatively small player - Target ( TGT ) - is "credited" with causing the bleed to continue. And… read more...

How To Invest In Gold? Physical, ETFs, Gold Miners And Gold Mining ETFs

via: SeekingAlpha at 2018-11-20 11:18:01:000

I have made a few videos on gold miners ( GDX ) as I was digging into the complete sector to find the best ways to expose myself to gold. You can find my latest views on Eldorado gold (EGO) here , or what to watch before investing in gold miners here . However, discussing individual gold min… read more...

Junior Gold Miners: A Canadian Stock Picker's Market

via: SeekingAlpha at 2018-11-20 07:53:34:000

In October I wrote an article about "Why Individual Junior Gold Miner Stocks Are Better Bets Than JNUG" . In this article I want to expand on that analysis, and go deeper into a significant trend that has emerged in the junior gold miners market in 2017 and 2018. For the past few years, a l… read more...

Tracking John Paulson's Paulson & Company Portfolio - Q3 2018 Update

via: SeekingAlpha at 2018-11-20 07:19:53:000

This article is part of a series that provides an ongoing analysis of the changes made to John Paulsons 13F stock portfolio on a quarterly basis. It is based on Paulsons regulatory 13F Form filed on 11/14/2018. Please visit our Tracking John Paulsons Paulson & Co… read more...

Peter Schiff: When Everything Blows, Gold Is Going Ballistic

via: SeekingAlpha at 2018-11-20 04:27:06:000

By SchiffGold Peter Schiff appeared on RT Boom Bust last week to talk about gold and silver. He said the time to buy is right now! Precious metals are going up in the long run and the long run may be here sooner than people think. Bart Chilton started the interview off asking Peter … read more...

Dual Momentum November Update

via: SeekingAlpha at 2018-11-20 03:47:29:000

Scott's Investments provides a free "Dual ETF Momentum" spreadsheet which was originally created in February 2013. The strategy was inspired by a paper written by Gary Antonacci and available on Optimal Momentum. Antonacci's book , Dual Momentum Investing: An Innovative Strategy for Higher R… read more...

A Potential Powder Keg For The Gold Price

via: SeekingAlpha at 2018-11-19 21:16:36:000

One of the biggest supports for gold in recent months is the tendency for bearish bets to pile up at the slightest sign of weakness in the metal. The pattern since August has been for short interest to significantly spike whenever the gold price drops, then diminish after gold rallies. This re… read more...

Looking Back At The Month Of October

via: SeekingAlpha at 2018-11-19 15:50:03:000

"A 60:40 allocation to passive long-only equities and bonds has been a great proposition for the last 35 years We are profoundly worried that this could be a risky allocation over the next 10." Sanford C. Bernstein & Company Analysts (January 2017) "Bull markets are born … read more...

Powell Drops Warning To Dollar Bulls

via: SeekingAlpha at 2018-11-19 11:22:07:000

I wrote in my previous article "C+ For Trump's Report Card, And Peak Dollar" that the Trump-reversal trade was on. Basically, by losing the majority in the House of Representatives in the recently concluded midterm elections, Trump and his Republican party would be unable to push through t… read more...

Gold: Improving Sentiment Likely To Drive Prices Higher

via: SeekingAlpha at 2018-11-19 08:38:26:000

Source: Kitco.com Gold: Improving Sentiment Likely To Drive Prices Higher Its been a difficult year for Gold/SPDR Gold Shares ( GLD ) . In fact, the yellow metal had been down by as much as 15% from its 52-week highs and, despite the slight rebound, remains lower by 10%. Sour… read more...

Silver Could Get Messy

via: SeekingAlpha at 2018-11-19 06:15:00:000

Silver has been a disappointment in the world of precious metals. While gold fell to a low in mid-August and recovered, silver waited until mid-September to hit a low. Gold has moved back to the midpoint of its trading range since the low at just over $1160 per ounce, but silver has moved to t… read more...

The Gold ETF Is Bottoming, Commodities At Annual Pivot, The Dollar Slips From High

via: SeekingAlpha at 2018-11-19 03:55:56:000

Here are the daily charts for the gold, commodities and dollar exchange-traded funds. The gold trust ETF tracks the spot price of gold and are said to be backed by gold bars in vaults in London. SPDR Gold Trust (NYSEARCA: GLD ) Courtesy of MetaStock Xenith The Gold ETF ($115…. read more...

Treasury Debt And Gold Will Soar As The Economy Tanks

via: SeekingAlpha at 2018-11-19 00:43:37:000

People have to remember, mining stocks are like tech stocks where everybody and their car or Uber driver piles into them when theyre moving higher. Its not a well-followed, well-understood sector which is what I like about it because it means theres plenty of opportun… read more...

Building Houses On Rotten Foundations: SchiffGold Friday Gold Wrap 11.16.18

via: SeekingAlpha at 2018-11-17 07:37:12:000

By SchiffGold The SchiffGold Friday Gold Wrap podcast combines a succinct summary of the week's precious metals news coupled with thoughtful analysis. You wouldn't want to build a house on a rotten foundation, would you? Well, as Friday Gold Wrap Host Mike Maharey explains, the US e… read more...

Building Houses On Rotten Foundations: SchiffGold Friday Gold Wrap 11.16.18

via: SeekingAlpha at 2018-11-17 07:37:12:000

By SchiffGold The SchiffGold Friday Gold Wrap podcast combines a succinct summary of the week's precious metals news coupled with thoughtful analysis. You wouldn't want to build a house on a rotten foundation, would you? Well, as Friday Gold Wrap Host Mike Maharey explains, the US e… read more...

Gold: Here Come The $100 Billion Monthly Deficits!

via: SeekingAlpha at 2018-11-16 19:04:52:000

Source: APMEX (red notes by the Author) The Treasury Department released the October 2018 Federal Deficit numbers last week and they were awful (unless you own gold). The monthly deficit for October was $100.5 billion. Thats up 58% from the $63 billion deficit recorded in Octob… read more...

Gold: Here Come The $100 Billion Monthly Deficits!

via: SeekingAlpha at 2018-11-16 19:04:52:000

Source: APMEX (red notes by the Author) The Treasury Department released the October 2018 Federal Deficit numbers last week and they were awful (unless you own gold). The monthly deficit for October was $100.5 billion. Thats up 58% from the $63 billion deficit recorded in Octob… read more...

Will Global Growth Worries Boost Gold Demand?

via: SeekingAlpha at 2018-11-16 08:41:31:000

In recent reports, we've discussed the lack of safe-haven demand for gold. Indeed, this has been a serious concern for its short-term outlook since gold typically needs a certain amount of fear in order to rally. In today's report, I'll continue my argument that we'll likely witness a return o… read more...

Broken Arrow: What The Fed Will Soon Face

via: SeekingAlpha at 2018-11-16 08:32:41:000

Landing Zone X-Ray, Battle of Ia Drang, Vietnam (November, 1965) Source INTRODUCTION Some 53 years ago this week (in mid-November of 1965), the first major battle between the US Army and the North Vietnamese Army (NVA) was fought at two landing zones near Ia Drang, … read more...

Signs Of Life In Platinum

via: SeekingAlpha at 2018-11-16 06:15:00:000

Platinum is a precious metal with properties that make it a useful industrial metal. Platinum's resistance to heat and density helps to clean toxins from the air in catalytic converters, process crude oil into products in refineries, and manufacture fiberglass that runs through catalysts. Addi… read more...

All Is A Moot Point Next To Brexit Headline Watch

via: SeekingAlpha at 2018-11-16 01:07:46:000

By Stephen Innes Brexit Brexit Brexit The fate of Brexit and the UK leadership continued hanging in the lurch Thursday, which predictably dominated the market attention triggering a wretched day for the pound which cratered some 300 pips to a low print around 1.273 and "the street" wil… read more...

GDX: The Good, The Bad, And The Ugly

via: SeekingAlpha at 2018-11-15 09:53:24:000

Despite the bell being rung well over 100 times now that the bottom is in on the miners ( GDX ), a sea of red still exists among the sector. We had 11 new 52-week lows on Monday, a few miners continue to make new lows despite already being down 80% from their 2016 highs, and many investors con… read more...

Why Warren Buffett Would Be Buying Precious Metals Again Today (If He Could)

via: SeekingAlpha at 2018-11-15 09:14:16:000

Warren Buffett is famous for many things one of which is his general dislike for precious metals as an investment. But maybe you're old enough to remember when, just over 20 years ago, he backed up the truck and bought a ton of silver - over 3,000 tons, to be more precise. From the 1997 Berks… read more...

Problems For Gold

via: SeekingAlpha at 2018-11-15 06:15:00:000

Gold was trading around its $1200 per ounce pivot point on the active month December futures contract on COMEX on Wednesday, November 13. Gold hit a low at $1161.40 in mid-August and recovered to a high at $1239.30 during the final month of October. The middle of the trading range for the yell… read more...

It's Not That Day Just Yet - Precious Metals Supply And Demand

via: SeekingAlpha at 2018-11-14 02:17:51:000

Degrees of Urgency Monday was Veterans Day, a bank holiday in the US. The prices of gold and silver dropped $23 and $0.61 respectively. "But isn't gold supposed to go up when…?" Warren Buffett and Aragorn discuss what to do with the gold. Aragorn wants it, because he knows that even if ... read more...

Peter Schiff: Gold Is A Mispriced Asset And It's Time To Buy (Video)

via: SeekingAlpha at 2018-11-14 00:45:13:000

By SchiffGold Despite all of the warning signs, the mainstream is still convinced the "economic boom" will continue and the Fed will keep pushing interest rates up. As a result, the price of gold has stayed relatively low. But as Peter pointed out in his most recent Gold Videocast, their c… read more...

A Bear On Crude Asks: Is A Crash Just Getting Going?

via: SeekingAlpha at 2018-11-13 18:19:21:000

Background On April 24, I wrote The Strengthening Case To Sell The Oils . At the time, a major SPDRs ETF on the oils ( XLE ) had rebounded to $73.75. XLE is around $65.50 as I write this on Tuesday afternoon. The price of crude, which has been dropping for over two weeks, has plunged anot… read more...

Gold's Technical Situation

via: SeekingAlpha at 2018-11-13 12:20:51:000

All markets, including the gold market, are complex and chaotic. Complex because of the innumerable non-linear variables involved. And chaotic because even if we knew how all these variables interacted with each other (which we do not), it's impossible to know the initial conditions of these… read more...

Gold Weekly: Expect A Rebound Into Year-End

via: SeekingAlpha at 2018-11-13 11:44:45:000

REBOUND , Chuck Hipsher (Saatchi Art) Introduction Welcome to my Gold Weekly. In this report, I wish to discuss mainly my views about the gold market through the GraniteShares Gold Trust ETF ( BAR ). BAR is directly impacted by the vagaries of gold spot prices because the fund physi… read more...

Market Volatility Bulletin: The Micro Went Macro

via: SeekingAlpha at 2018-11-13 07:52:48:000

Market Intro Investors lick their wounds on Veterans Day (thank you, Vets!), as US stocks ( SPY , DIA , QQQ , IWM ) lost meaningful ground in the wake of large sell-offs in high-flying names like AAPL , AMZN , GS , GE , and TSLA . SectorSPDR.com Tech ( XLK ) certainly bled th… read more...

Gold Inflation

via: SeekingAlpha at 2018-11-13 01:54:19:000

Editor's note: Originally published at tsi-blog.com on November 12, 2018 Here are two long-term charts illustrating the annual rate at which gold is extracted from the ground. The second of these charts shows why mine production can be ignored when trying to understand what happened to t… read more...

Bespoke's Asset Class Performance Matrix

via: SeekingAlpha at 2018-11-13 01:27:01:000

As we enter another trading week, below is a snapshot of our asset class performance matrix. For each ETF shown, we highlight its performance last week, since the 9/20 peak for the S&P 500, and year-to-date so far in 2018. The S&P 500 (SPY) ended up gaining 2.16% last week, while the… read more...

Sentiment Speaks: Investors And Analysts Know Nothing About Gold

via: SeekingAlpha at 2018-11-12 08:00:00:000

There were several developments in the gold market this past week. First, we heard of another trader who has pleaded guilty to manipulating the metals market. And, everyone is up in arms again about how gold was manipulated to drop from $1,921 to $1,040 during 2011-2015. And,… read more...

The Gold ETF Is Struggling, Commodities Slip On Oil, As The Dollar Stays Strong

via: SeekingAlpha at 2018-11-12 04:41:08:000

Here are the daily charts for the gold, commodities and dollar exchange-traded funds. The Gold Trust ETF tracks the spot price of gold and is said to be backed by gold bars in vaults in London. SPDR Gold Trust (NYSEARCA: GLD ) Courtesy of MetaStock Xenith The Gold ETF ($114.4… read more...

Goehring & Rozencwajg Natural Resource Market Commentary Q3 2018: Into The 'Red Zone' We Go

via: SeekingAlpha at 2018-11-12 03:30:00:000

Read more … read more...

The Oil Market's Far-Reaching Implications

via: SeekingAlpha at 2018-11-12 01:13:24:000

By Stephen Innes Oil Markets OPEC meeting in Abu Dhabi WTI futures are up over 1.2% and Brent + 1% this morning. Saudi Arabia has stepped in front of the oil market bears, proactively announcing they will reduce supply by .5 million barrels per day in December. Khalid al-Falih told… read more...

Global Economic Debt Bomb Ahead

via: SeekingAlpha at 2018-11-11 19:18:24:000

Veteran trends forecaster, Gerald Celente of Trends Research Institute , speaks with SBTV about how the gold price performed from the 80's to today - the peak in 1980, why the gold price was flat in the 90's and what fueled gold in the 2000s. Gerald also gave a price forecast based on the c… read more...

History: Year-End Gold Bottom And Rally Can Happen In November As Well As December

via: SeekingAlpha at 2018-11-11 15:54:48:000

With gold ( GLD ) ( PHYS ) and gold miners ( GDX ) ( GDXJ ) selling off Friday on fears of Fed rate hikes and year-end tax loss selling, many investors now fear that the decline will continue through December. I think the negativity and fear that has swept through the sector this week is exa… read more...

Sentiment Speaks: Should You Sell Your Gold To Buy Bitcoin?

via: SeekingAlpha at 2018-11-11 08:00:26:000

When gold topped in early 2018, and began a steady decline, we heard the usual manipulation theories as to why gold was dropping. As we all know, gold is only allowed to go in one direction when it is allowed to trade freely, and the mere fact it is going down means it is being… read more...

To Every (Market) There Is A Season

via: SeekingAlpha at 2018-11-10 04:15:32:000

" To everything there is a season, And a time to every purpose under heaven: A time to be born, a time to die; A time to plant, and a time to pluck up that which is planted " ( Ecclesiastes 3: King James Version of the Bible ) One does not have to be a Christian… read more...

The Blue Ripple: SchiffGold Friday Gold Wrap 11.09.18

via: SeekingAlpha at 2018-11-10 01:52:41:000

By SchiffGold The SchiffGold Friday Gold Wrap podcast combines a succinct summary of the week's precious metals news coupled with thoughtful analysis. We made it through the latest "most important election of our lifetime." So, what's next? In this week's Friday Gold Wrap podcast, h… read more...

Gold slumps to one-month low, but investors start buying gold ETFs

via: SeekingAlpha at 2018-11-09 18:43:04:000

Comex December gold fell 1.4% in today's trade to settle at $1,208.60/oz., ending down 2% for the week to its lowest finish since Oct. 10 . More news on: SPDR Gold Trust ETF, iShares Gold Trust ETF, Sprott Physical Gold Trust, Commodities news, News on ETFs, Read more … read more...

Gold's Safety Bid Hasn't Completely Disappeared

via: SeekingAlpha at 2018-11-09 14:10:43:000

Just when it looked like golds currency component was finally improving, the U.S. dollar reversed its recent weakness and pushed the gold price lower. Yet even without the immediate support from a weak U.S. currency, gold isnt without a key support. As well discuss in… read more...

Is The Fed Losing The Thread? What May Lie Ahead

via: SeekingAlpha at 2018-11-09 11:32:03:000

It's raining on one side of the street, but the Fed only sees the sunny side Stock markets reacted badly Thursday to the Federal Open Market Committee's statement , even though Zero Hedge a haven for short-sellers, gold bugs, and gloom-and-doom purveyors reported as follo… read more...

A Trick-Or-Treat Month For Gold In October

via: SeekingAlpha at 2018-11-09 08:50:11:000

Safe Haven Behavior On Display As Gold Consolidates Around $1,200 The gold price continued to consolidate around the $1,200 per ounce level in October. The chances of another down-leg like the one experienced in August when gold dropped to its 2018 low of $1,160.27 per ounce have apparently … read more...

Beating The Market With ETF Rotation Systems

via: SeekingAlpha at 2018-11-09 08:21:19:000

When stocks in a particular sector are booming, even a mediocre company in such sector can deliver generous gains. On the other hand, when global stock markets are collapsing, chances are that most individual stocks will also suffer heavy losses. Individual stock selection is important, but … read more...

If Gold And Stocks Go Lower, DUST Could Become Golden

via: SeekingAlpha at 2018-11-09 06:46:00:000

The path of least resistance of the price of gold is up in the air for the rest of 2018 with a rate hike coming and a history of price weakness at the end of the year. Gold hit a low at just over the $1160 per ounce level on the nearby COMEX futures contract in mid-August when the dollar index… read more...

Silver Is Stuck In Neutral

via: SeekingAlpha at 2018-11-09 06:15:00:000

The silver market is stuck in a rut. Even though gold broke above its short-term technical resistance, silver has not moved to a level that is outside of its trading range since trading down to the lowest level at $13.91 in mid-September. Silver is trading at a twenty-five year low against gol… read more...

Prices When Gold Is Money

via: SeekingAlpha at 2018-11-09 05:46:07:000

We are getting ahead of ourselves here. Gold does not circulate as money - yet. It might never do so. Perhaps the end of government currency, fiat money imposed on us by government laws, may never be replaced by what for millennia has been the people's money, gold. Do we even wish it? Given w… read more...

Peter Schiff: Divided Congress Will Produce Even Bigger Deficits

via: SeekingAlpha at 2018-11-09 05:24:25:000

By SchiffGold Well, the midterm elections are finally over. The Republicans managed to hold on to the U.S. Senate, but the Democrats took control of the House. The "Blue Wave" was more like a "Blue Ripple." To me, it smells a lot like gridlock, which is generally good news if you're a pers… read more...

How To Protect Your Portfolio From A Crash

via: SeekingAlpha at 2018-11-09 05:05:58:000

As more investors fret about the potential of a bear market in the not-too-distant future, interest in defensive strategies has been increasing. While there are many diversification strategies, and it does not require actual asset allocation (it can be okay to hold more cash in troubled ti… read more...

Global Allocation October 2018 Letter - Safe Havens During A Market Turmoil

via: SeekingAlpha at 2018-11-08 10:03:36:000

Original Post Global Allocation Fund commentary for the month ended October 31, 2018 discussing safe investments during a market turmoil. October has been a carnage specially for equity markets. The starting point has been an acceleration in the ongoing process of higher government b… read more...

Is Bitcoin A Better Hedge Against Market Corrections Than Gold?

via: SeekingAlpha at 2018-11-08 08:08:23:000

Overview The S&P 500 index entered correction territory last month as the index dropped more than 10% from its recent high of 2,940. While this is not an unknown phenomenon, investors are already considering alternative investment opportunities and the focus has shifted to hedging i… read more...

India's Booming Economy Expected To Firm Up Gold Demand

via: SeekingAlpha at 2018-11-07 22:38:15:000

The five-day festival known as Diwali literally, a row of lights is being observed by millions of Hindus, Sikhs and Jains worldwide. A celebration of good triumphing over evil, the festival typically coincides with the Hindu new year. Regular readers of Fran… read more...

Gold And The Return Of Uncertainty

via: SeekingAlpha at 2018-11-07 10:47:06:000

The return of a risk-on stance among equity investors and rising Treasury yields continue to weigh against gold in the immediate term. As well discuss in todays report, however, not all the news is bad for gold. The dollar index is teasing a reversal of its imm… read more...

Gold Is Hanging In There - An Impressive Performance In The Face Of Adversity

via: SeekingAlpha at 2018-11-07 06:00:00:000

The dollar index rose to a new high for 2018 on the final day of October when the December futures contract hit a peak at 96.980. The last time that the dollar traded at a higher level was during the week of June 26, 2017. The higher dollar tends to weigh on the price of commodities, and gol… read more...

Mike Maloney: 'One Hell Of A Crisis'

via: SeekingAlpha at 2018-11-07 03:38:01:000

Crashing stocks, bonds, real estate and currency all at once? Mike Maloney, monetary historian and founder of GoldSilver.com, has just released two new chapters of his excellent Hidden Secrets Of Money video series. In producing the series, Maloney has reviewed several thousand years o… read more...

The Worm Finally Turns

via: SeekingAlpha at 2018-11-06 14:18:56:000

The old saying about the worm finally turning is based on the notion that even the most timid wee beastie, such as a worm, will eventually reach its limit when under attack and turn on its tormentors. This idiom refers to the idea that in human affairs, a situation can suddenly change so that … read more...

Gold To Silver Ratio At Multi-Decade High

via: SeekingAlpha at 2018-11-06 13:41:40:000

The gold to silver ratio, or the number of ounces of silver required to purchase one ounce of gold, is within a window of approximately 6 to 9 months whereby it will either strongly confirm or strongly deny the arrival of a new bull market for both metals. One way or the other, this should be … read more...

Gold Still Has A Relative Strength Advantage

via: SeekingAlpha at 2018-11-06 13:33:06:000

The same problem which has plagued gold since April is still keeping a lid on its latest rally attempt, namely U.S. currency strength. Yet as well discuss in todays report, gold at least enjoys continued support from investor uncertainty over the volatile U.S. and global equi… read more...

Gold Weekly: Set To Become In Vogue

via: SeekingAlpha at 2018-11-06 11:31:54:000

Deliciously In Vogue , Brent Baker (Saatchi art) Introduction Welcome to my Gold Weekly. In this report, I wish to discuss mainly my views about the gold market through the GraniteShares Gold Trust ETF ( BAR ). BAR is directly impacted by the vagaries of gold spot prices because the f… read more...

Financial Risks Position Gold For Bullish Turn

via: SeekingAlpha at 2018-11-06 04:10:11:000

Video Transcript ROLAND MORRIS: Welcome. I'm Roland Morris, the Commodity Strategist for VanEck. I'm joined today by Joe Foster, the portfolio manager of our active gold miners' fund. We're going to discuss gold, and gold miners today. Joe, welcome and thank you for joining us. Gold… read more...

Gold Bulls' Best Bet For November

via: SeekingAlpha at 2018-11-05 14:33:30:000

Gold is caught between two forces which are relatively equally balanced. On the one side, acting as a counterweight to golds recent rally attempts, is the relentless strength of the U.S. dollar. This strength is undermining golds currency component and making it difficult for g… read more...

The Holy Grail That Predicts The Price Of Gold

via: SeekingAlpha at 2018-11-05 11:48:53:000

I created my Correlation Economics website back in 2011 to gather a huge database of economic indicators. This is what they call "data mining". By amassing large data sets, you can find patterns within the data and I believed that this would help me to predict the markets. I started to link di… read more...

Positive Implications For Gold Miners If Crude Oil Breaks Down

via: SeekingAlpha at 2018-11-05 09:51:52:000

Its an over-obsessed upon commodity, previously hyped for its (Hubberts) peak status by experts like T. Boone Pickens and a whole clown show of promoters amplified by the media at the time. Now WTI crude oil has reached a thick resistance z… read more...

Precious Metals Vs. Base Metals: The China Risk Factor

via: SeekingAlpha at 2018-11-05 09:08:54:000

Many of us are natural resources investors: we see extremely high value in commodities ( DBC ) ( GSG ) ( RJI ) ( USCI ), metals, and the companies who mine and produce them. And right now, we see their stock prices at extremely low bargain valuations, especially compared to the generally overv… read more...

Inflation Rising; Chris Martenson Warns: Markets Are Making Faulty Assumptions

via: SeekingAlpha at 2018-11-05 04:58:41:000

Chris Martenson Warns: Markets Are Making Faulty Assumptions about Growth & Resources Welcome to this week's Market Wrap Podcast, I'm Mike Gleason. Coming up Dr. Chris Martenson, of PeakProsperity.com and well-known author of the Crash Course and the book Prosper! joins me for … read more...

The Gold ETF Is Bottoming, Commodities Are Consolidating As The Dollar Remains Firm

via: SeekingAlpha at 2018-11-05 02:00:59:000

Here are the weekly charts for the gold, commodities and dollar exchange-traded funds. The gold trust ETF tracks the spot price of gold and is said to be backed by gold bars in vaults in London. SPDR Gold Trust (NYSEARCA: GLD ) Courtesy of MetaStock Xenith The Gold ETF ($11… read more...

Doom And Gloom During A Boom? SchiffGold Friday Gold Wrap 11.02.18

via: SeekingAlpha at 2018-11-03 05:31:32:000

By SchiffGold October was a brutal month for the stock market, but we've seen a bit of a rally the last few days. Most of the mainstream pundits seem to think this means the correction is over. After all, we're in the middle of an economic boom, right? But in this week's Friday Gold W… read more...

Doom And Gloom During A Boom? SchiffGold Friday Gold Wrap 11.02.18

via: SeekingAlpha at 2018-11-03 05:31:32:000

By SchiffGold October was a brutal month for the stock market, but we've seen a bit of a rally the last few days. Most of the mainstream pundits seem to think this means the correction is over. After all, we're in the middle of an economic boom, right? But in this week's Friday Gold W… read more...

Momentum Portfolio November Update

via: SeekingAlpha at 2018-11-02 10:33:23:000

In 2011, Scott's Investments began tracking a momentum portfolio which ranks a basket of ETFs based on price momentum and volatility. In 2014, I also introduced a pure momentum system, which ranked the same basket of ETFs based solely on price momentum. Both strategies have undergone minor r… read more...

Bonds give way after strong October jobs print

via: SeekingAlpha at 2018-11-02 08:44:12:000

October jobs gains of 250K blew through estimates for 192K. September's jobs gain was revised modestly lower, but August's modestly higher - we'll call it a wash. Average job gains over the last three months are now at 218K. The unemployment rate held steady at 3.7%. More news on: iShares … read more...

Like Bugs In A Jar

via: SeekingAlpha at 2018-11-02 06:16:18:000

Fireflies in a Jar Source If youve ever seen bugs in a jar, then you know what happens. They try to get out, and they keep trying until they die. If you feed them what they actually like, they can survive for a while. If you are semi-humane and have punched air holes in the l… read more...

Silver Needs To Make A Move - A Halloween Head Fake Inspired By The Dollar

via: SeekingAlpha at 2018-11-02 06:15:00:000

Silver is a precious metal that tends to move when no one expects a break to the upon or downside. Silver also can lag moves in markets that send signals that the price should respond or display head fake price action frustrating those with long or short positions. Gold moved to a low in mid-A… read more...

Peter Schiff: The Truth Is We Don't Have A Booming Economy; We Have A Bubble

via: SeekingAlpha at 2018-11-02 05:08:33:000

By SchiffGold A rally in the last two days of the month was the lone bright spot in an abysmal October. It was the worst month for global equities in more than six years. Globally, stock markets lost 7.5%, their worst month since May 2012. Even with the late rally, it was the biggest month… read more...

Consumer And Central Bank Buying Push Gold Demand Up In Q3

via: SeekingAlpha at 2018-11-02 04:13:09:000

By SchiffGold Increased gold buying by consumers and central banks pushed overall demand for the yellow metal up slightly in the third quarter, according to the World Gold Council's Gold Demand Trends 2018 Report . Overall, gold demand came in at 964.3 tons in Q3. That was 6.2 tons … read more...

Gold Demand Trends Q3 2018

via: SeekingAlpha at 2018-11-02 01:16:00:000

Q3 demand steady; up 6.2t y-o-y Gold demand was 964.3t in Q3, just 6.2t higher y-o-y. Robust central bank buying and a 13% rise in consumer demand offset large ETF outflows. Bar and coin demand jumped 28% to 298.1t as retail investors took advantage of the lower gold price and sought p… read more...

Leveraged ETF Decays - Update

via: SeekingAlpha at 2018-11-01 16:32:00:000

I measure once a month the decay of major leveraged ETFs. It may be useful for anyone using leveraged ETFs for investing, trading or hedging. Where does the decay come from? Most of the time, a leveraged ETF does worse than the underlying asset leveraged by the same factor. This relative… read more...

Elliott Wave Analysis - Gold

via: SeekingAlpha at 2018-11-01 14:59:09:000

Introduction Gold appears to be an attractive investment during the next few years. Technical analysis and sentiment indicators lead to this conclusion. However, the Elliott wave framework suggests that investors may have to be patient. Another dip below the August lows appears likely with… read more...

It's Time For President Trump To Do The Wise, Not Necessarily Right, Thing

via: SeekingAlpha at 2018-11-01 13:42:01:000

As it stands now, with only one session left, the S&P 500 Index ( SPY ) will be heading for its worst month since May 2010. In spite of a phenomenal earnings season (one of the best ever), the bearish tone remains intact and the " how close are we to a recession " guessing game conti… read more...

Central bank gold buying hits highest since 2015, World Gold Council says

via: SeekingAlpha at 2018-11-01 10:15:36:000

Central banks bought ~$5.8B worth of gold during Q3 in their biggest buying spree since 2015 , the World Gold Council reports. More news on: SPDR Gold Trust ETF, iShares Gold Trust ETF, Sprott Physical Gold Trust, Commodities news, Global news and forex, News on ETFs, Read more … read more...

Gold: After The 'Fear Trade'

via: SeekingAlpha at 2018-11-01 08:43:40:000

Gold is a reactive market, not a leading one. It reacts to, among other things, the sentiment generated by the much larger debt market, currency market, and this month the stock market. The spike higher that occurred on October 11/18, was a 'fear-trade' resulting from the weakness in equitie… read more...

Gold: Resistance Ahead... Bottom In 2019?

via: SeekingAlpha at 2018-11-01 07:56:32:000

Gold continued to build on last weeks gains, adding nearly $7 per troy ounce or 0.5% as of the close on Friday on the New York COMEX futures exchange. The final print for the week was $1,229. Given the surge seen over the past two weeks, it is time to place the price action into prop… read more...

4 Potential Reasons For The Gold Rally

via: SeekingAlpha at 2018-11-01 05:53:35:000

Russ discusses why gold, not a popular asset class until recently, has become so as a hedge. October was not kind to investors. Not only did stocks suffer their worst monthly drawdown in years, but traditional hedges, such as government bonds, did not rallied enough to offset the losses (s… read more...

Option Selling Opportunities So Good They're Scary

via: SeekingAlpha at 2018-11-01 04:12:05:000

Video Transcript October 2018 Podcast James Cordier and Michael Gross Michael: Hello and welcome to OptionSellers.com October Podcast. Happy Halloween to everyone. You'll notice we are back doing our podcast in video format this month. The title of this month's podcast is "Opt… read more...

Will LBMA Predictions Of $1532/Ounce Gold In 2019 Come True?

via: SeekingAlpha at 2018-11-01 03:46:27:000

In an annual LMBA meeting in Boston on Tuesday, delegates were polled on the future price of gold in October of 2019 and came away with a $1532 target. They also predicted higher prices for silver, platinum, and palladium as well. What would be the catalysts for such a bullish move in the … read more...

Tiny Hungary Becomes Huge Gold Bug, Possibly As Preemptive Measure In Face Of Global Turbulence

via: SeekingAlpha at 2018-10-31 11:07:47:000

The news that the Hungarian central bank increased its gold holdings tenfold recently may seem sensational. Source: Forbes The ten-fold aspect of it sure is impressive, as is the fact that it is the first such move made by any central bank in the EU in a very long time. The actual volume… read more...

GLD And GDX: Even Small Flows Can Move The Market

via: SeekingAlpha at 2018-10-31 08:30:00:000

Writing a piece on the investment merits of gold or the miners is a hard thing to do even in 2018 when a conversation about almost any topic is guaranteed to quickly descend into tribal warfare but the recent equity correction means investors should start taking this classic defensive play se… read more...

Fun And Profit - Precious Metals Supply And Demand

via: SeekingAlpha at 2018-10-31 06:38:22:000

While Not Saving The Planet, Let Us At Least Have A Good Time The price of gold went up seven bucks and that of silver rose eight pennies. For many people, the attraction to gold and silver began with a desire to protect themselves from the monetary trainwreck of 2008. That often grew into… read more...

Correlation Of The Strong Dollar With QE And Reverse QE

via: SeekingAlpha at 2018-10-30 17:53:58:000

Introduction - importance of watching the trade-weighted dollar The US dollar has been on a tear in a way that does not show by simply looking at the trading vehicle, the USDX. A much better real world measure of the USD's trend is how it compares with trading partners. The government tracks… read more...

Gold: Higher Prices Short Term Or Buy Pullbacks?

via: SeekingAlpha at 2018-10-30 17:15:31:000

In this special weekend report, I want to review the gold and silver markets. Lets see what the Variable Changing Price Momentum Indicator (VC PMI) is telling us for gold as we come into next week. Gold On October 2, we published on Seeking Alpha the Long-term Annual Supply and D… read more...

Market Volatility Bulletin: Can Stocks Reclaim Their Highs?

via: SeekingAlpha at 2018-10-30 14:23:00:000

Market Intro Asian Markets, Tuesday Close Asian markets ( EWJ , FXI , EWY ) did not follow the tone of the intraday drubbing that US stocks ( SPY , DIA , QQQ , IWM ) took in the tumultuous Monday session. European equities ( EWG , EWQ , VGK ) were down modestly, but also failed … read more...

Gold Weekly: Overlooked. Until When?

via: SeekingAlpha at 2018-10-30 11:27:14:000

Overlooked sculpture , Daniel Johanning (Saatchi art) Introduction Welcome to my Gold Weekly. In this report, I discuss mainly my views about the gold market through the GraniteShares Gold Trust ETF ( BAR ). BAR is directly impacted by the vagaries of gold spot prices because the fund… read more...

Treasury Shorts At All-Time Highs, Buy Gold

via: SeekingAlpha at 2018-10-30 09:29:37:000

I wrote in my article, " Gold Awakens From Slumber ", that there were early signs XAU/USD was stirring from the drowsy state it has been in since August. Written on October 15th, I advised going long gold ( GLD ) at 1,217, with a take profit target at 1,300, accompanied by a stop loss at 1,165… read more...

Peter Schiff: The Fed's Monetary Magic Won't Work This Time

via: SeekingAlpha at 2018-10-30 03:34:27:000

By SchiffGold The Dow Jones dropped another 296 points on Friday. The Nasdaq is on pace for the largest monthly decline since the 2008 financial crisis. The Russell 2000 has dropped over 12%. And yet, everybody still seems to think everything is fine. But as Peter Schiff said in his most… read more...

Where's The Capitulation In Precious Metals?

via: SeekingAlpha at 2018-10-30 03:14:00:000

Over the past 20+ years of research and trading in the markets, our team of traders and researchers know one thing is certain: when fear hits the global markets, precious metals react by rocketing higher. We've seen this happen over and over again - even when non-US geopolitical concerns spark… read more...

Gold Needs More Than Safety Support

via: SeekingAlpha at 2018-10-29 20:06:00:000

Without the intense fear generated by the global stock market rout, gold would surely be without any meaningful support. To that end, gold bulls can be thankful that golds safety bid has been revived and the metal now has a good chance of recovering some lost ground. In today… read more...

Fear Not The Recent Sell-Off

via: SeekingAlpha at 2018-10-29 11:23:29:000

There is a time to hold hard assets and there is a time to hold soft assets. Hard assets are investments with intrinsic value such as gold, silver, oil, and copper - in other words, as Dennis Gartman likes to say "things which if you dropped them on your foot, would hurt." Soft assets are th… read more...

Gold Stocks Will Benefit From Cyclical Change

via: SeekingAlpha at 2018-10-29 09:54:48:000

As we have noted over the many years of the gold sectors bear market, the gold miners will not rally for real until the real sector and macro fundamentals come into place. Those fundamentals do not include commonly promoted inflation, China/India love trades, a US d… read more...

Junior Gold Miners Vs. Small Cap Stocks: The Tide Has Turned

via: SeekingAlpha at 2018-10-28 15:27:56:000

Gary Tanashian , one of the best analysts of the gold market and the stock market, loves to show a graphic of the 9 planets (ok, 8 planets plus Pluto) to illustrate the relative importance of the fundamental factors for the gold market. I won't steal Gary's graphic for my own article, but you… read more...

The Gold And Long Dollar ETFs Gain Momentum As Commodities Stall

via: SeekingAlpha at 2018-10-28 06:43:27:000

Here are the daily charts for the gold, commodities and dollar exchange-traded funds. The Gold Trust ETF tracks the spot price of gold and is said to be backed by gold bars in vaults in London. SPDR Gold Trust (NYSEARCA: GLD ) Courtesy of MetaStock Xenith The Gold ETF ($116.7… read more...

This Week In Money - October 27, 2018

via: SeekingAlpha at 2018-10-28 01:48:30:000

Ross Clark Declining Stock Markets, Crude. Wolf Richter Stock Market, Interest Rates, Real Estate. Ed Steer Gold, Silver. Larry Reaugh President & CEO of American Manganese Inc. Ian Klassen President & CEO of Grande P… read more...

Stock Market Dive To End Fed Rate Hikes, Whack Dollar

via: SeekingAlpha at 2018-10-27 14:13:20:000

Welcome to this week's Market Wrap Podcast , I'm Mike Gleason. Coming up, Greg Weldon of Weldon Financial joins me and you won't want to miss our conversation. Greg breaks down the recent volatility in the equities markets, tells us why he thinks the Fed will soon be back-peddling on furthe… read more...

Gold Upleg Fuel Abounds

via: SeekingAlpha at 2018-10-27 08:36:02:000

Gold and its miners stocks have proven rare bastions of strength during recent weeks market carnage. They are powering considerably higher while nearly everything else burns. The markets major sentiment shift is accelerating a young gold upleg, which ought to grow much … read more...

I Smell Bears: SchiffGold Friday Gold Wrap 10.26.18

via: SeekingAlpha at 2018-10-27 03:13:18:000

By SchiffGold The SchiffGold Friday Gold Wrap podcast combines a succinct summary of the week's precious metals news coupled with thoughtful analysis. Stocks suffered another drubbing Wednesday. It was the largest daily decline on Wall Street since 2011. But the market bounced back … read more...

Should You Use Gold To Sparkle Your Portfolio?

via: SeekingAlpha at 2018-10-26 14:38:04:000

In my last article , I was bullish on Gold ( GDX , ASA ) as I expected it to have a sharp ascent. This came true as the yellow metal climbed to the projected range between $1,231.17 and $1,242.18. However, I now expect the commodity to trade sideways for a few days after which it shall have… read more...

The Bull Market Is Broken: Time To Protect Your Portfolio

via: SeekingAlpha at 2018-10-26 10:40:43:000

Market action has been quite volatile in recent weeks, and the SPDR S&P 500 ETF ( SPY ) is now trading below its 200-day moving average, which is generally considered a key indicator about the direction of the long-term trend in stock prices. SPY data by YCharts Small U.S. st… read more...

India's Gold Buying Season Not Looking As Shiny

via: SeekingAlpha at 2018-10-26 06:52:37:000

Original post By Sohrab Darabshaw Festival season in India normally means one thing: a rush to buy gold. Outside of China, India sees the most amount of gold buying when Indians are, well, happy or enjoying a moment - be it a party, a wedding, or a festival. But this festive seas… read more...

Gold In Demand, But Currency Headwinds Still Strong

via: SeekingAlpha at 2018-10-25 15:45:21:000

Gold got a much-needed boost to its safety appeal this week as U.S. equity prices experienced another major bout of selling pressure. As I argued in my previous commentary, this increase to golds safe-haven demand is absolutely essential in order to guarantee sufficient support for a… read more...

Gold Weekly: Spec Normalization Under Way

via: SeekingAlpha at 2018-10-25 08:49:41:000

Under way , Philip Bath Introduction Welcome to my Gold Weekly. In this report, I wish to discuss mainly my views about the gold market through the GraniteShares Gold Trust ETF ( BAR ). BAR is directly impacted by the vagaries of gold spot prices because the fund physically hold… read more...

Gold Wants To Move Higher, But 2015-17 Stands In Its Way; BAR: A Cheaper Gold ETF Product

via: SeekingAlpha at 2018-10-25 06:00:00:000

The gold market is now preparing to enter a time of the year where the price has made significant lows in 2015, 2016, and 2017. A seasonal pattern of lows during the final month of the year had corresponded to the actions of the U.S. Federal Reserve as they increased the short-term Fed Funds r… read more...

Central Banks And ETF Investors Start Buying Gold Aggressively

via: SeekingAlpha at 2018-10-25 04:56:17:000

The gold price has been rising over the past month, driven by investors seeking safe-haven assets as the stock market sells off sharply. On the technical chart, we can see a bottoming pattern followed by a price spike higher. I am now looking for gold to break above resistance at $1,240, which… read more...

The Credit Cycle Is On The Turn

via: SeekingAlpha at 2018-10-25 03:10:12:000

Alasdair Macleod and Michael Oliver return to the radio program this week. Alasdair says we are nearing the end of the current credit cycle that began after the 2008 credit collapse. Banks sell treasuries and make loans as interest rates and wages rise, leading to fears of inflation and … read more...

Gold And Silver Trends Meet Targets: Turn Bullish

via: SeekingAlpha at 2018-10-24 12:40:43:000

This is the Variable Changing Price Momentum Indicator (VC PMI) Mid-Week Special Report for the gold and silver supply and demand levels. Gold Courtesy: ema2tradelivesignals.com The gold market closed on Friday at $1229 and with the market closing above the 9-week moving average of $12… read more...

Is The Low In For Gold?

via: SeekingAlpha at 2018-10-24 04:53:13:000

Fed Outlook and Unstable Markets Create Potential Opportunities for Put Sellers Everybody loves gold. Up, down, stagnant, even if you don't like owning a ton of it, you still like it. And the talk of late has centered around the recent price of gold. Is it finally a buy? As option sellers, y… read more...

Q3 2018 Tactical ETF Portfolio Update

via: SeekingAlpha at 2018-10-24 03:14:36:000

Below is our third-quarter discussion of the major asset classes in our tactical ETF portfolio. Stocks rallied to new highs in the third quarter, taking the Buffett Yardstick to a new high as well. In other words, the value of the stock market relative to the size of the economy remains at… read more...

3 Stages Of Gold

via: SeekingAlpha at 2018-10-24 02:42:33:000

For days after China shocked the world in August 2015, devaluing its currency seemingly out of nowhere, there was only confusion as to what had just happened. Going by nothing more than the mainstream media and economic narrative fed to it by central bankers and Economists (red… read more...

Measures Of Value - Precious Metals Supply And Demand

via: SeekingAlpha at 2018-10-24 02:14:06:000

Aiming for Knowledge and Better Decision-Making The price of yellow metal went up nine bucks last week. And the price of silver three rose cents, which is back to where it was two weeks earlier. We need to rant, and promise to tie it back to the prices of the metals. We have written these pa… read more...

When The (Equity) Walls Come Tumbling Down

via: SeekingAlpha at 2018-10-24 01:01:51:000

By Stephen Innes What started as an innocent equities correction in Asia spilled over into the NY session as classic risk-off unfolded as US yields dipped with oil and gold prices rocketed higher. Risk sentiment is on the back foot this morning, with global equities and commodities weaker…. read more...

Gold Can't Afford To Lose Safety Bid

via: SeekingAlpha at 2018-10-23 18:51:51:000

After a stellar performance two weeks ago, the gold price has stalled out after hitting a widely-watched technical benchmark. The reasons for golds recent lack of forward movement can be traced to two main factors, which well discuss in todays report. Particular empha… read more...

Gold miners rise as gold price hits three-month high

via: SeekingAlpha at 2018-10-23 11:50:53:000

Gold miners rally as demand for safe-haven assets lift prices for the yellow metal to the highest in three months , +0.9% to $1,236/oz., trading above both its 50- and 100-day moving averages. More news on: Barrick Gold Corporation, Goldcorp Inc., Kinross Gold Corporation, Commodities n… read more...

Gold Looks Strong But Show Me The Buyers

via: SeekingAlpha at 2018-10-23 09:38:31:000

In my last article on the gold market, I made the following remark: a strong US dollar and weak treasury notes prices are a poisonous mixture for the precious metals market. And vice versa . Today, I think that the second alternative (vice versa&#… read more...

Gold and bonds catch bids as global stocks slide

via: SeekingAlpha at 2018-10-23 08:56:07:000

Shanghai, Tokyo, and Hong Kong all tumbled 2-3% overnight, and Europe is down more than 1% just past midday. In the U.S., S&P 500 futures are lower by 1.4% and Nasdaq 1.6% . More news on: SPDR Gold Trust ETF, iShares 20+ Year Treasury Bond ETF, ProShares… read more...

S&P 500 futures drop 1.5%

via: SeekingAlpha at 2018-10-23 05:32:48:000

S&P 500 futures drop to a new low of 2715, -1.5% . The October low of 2712.25 is coming into play. More news on: SPDR S&P 500 Trust ETF, SPDR Gold Trust ETF, The United States Oil ETF, LP, Top stock market news, Top Breaking stock news, News on ETFs, Read more … read more...

The Case For Range-Bound Gold

via: SeekingAlpha at 2018-10-22 18:05:25:000

If recent ETF flows are any indication, gold investors are feeling better about the metal's intermediate-term prospects. There has also been a palpable increase in optimism in the commentaries of many gold analysts lately. Yet, below the surface of gold's recent strength, there is still an und… read more...

GLDI: Bet On Gold And Earn An Income With This ETN

via: SeekingAlpha at 2018-10-22 14:02:36:000

A few days ago, I published an article to this site discussing reasons to play silver and even suggested that the Credit Suisse Silver Shares Covered Call ETN ( SLVO ) could be a way to play the metal and generate an income at the same time. There are plenty of arguments that could be made f… read more...

Sentiment Speaks: Sentiment Is The Most Important Factor Upon Which To Focus In The Gold Market

via: SeekingAlpha at 2018-10-22 08:00:00:000

I have now been a contributor at Seeking Alpha for seven years, during which time I have written for approximately six years, as I took a one-year hiatus. And, during that time, I have had the honor of penning almost 400 articles. During the six years I have been actively writing on Seeking … read more...

SPX/Gold, 30-Year Yields And Yield Curve - Amigos 1, 2 And 3 Updated

via: SeekingAlpha at 2018-10-22 06:37:24:000

We began the Amigos theme last year in order to be guided by the goofy riders during the ending stages of a cyclical, risk-on phase that was not going to end until the proper macro signals come about, no matter how many times the bears declared victory along the way. The fact that grown adul… read more...

Revisiting The Age-Old Relationship Between Interest Rates And Prices

via: SeekingAlpha at 2018-10-22 04:52:14:000

Editor's note: Originally published at tsi-blog.com on October 22, 2018. There is an age-old relationship between prices and interest rates that Keynesian economists have called a paradox ("Gibson's Paradox"). The relationship was clearer during the Gold Standard era, but as I explained … read more...

This Is What A Paper Gold Short Squeeze Looks Like

via: SeekingAlpha at 2018-10-22 02:32:00:000

Huge recent imbalances in the gold futures market led many to predict that speculators (usually wrong at big turning points) would be forced to close out their historically extreme short bets. Put another way, too many traders were using gold futures contracts to bet that precious metals will … read more...

Desperately Seeking Stability

via: SeekingAlpha at 2018-10-21 10:38:30:000

By Stephen Innes From sandstorms in Riyadh to headwinds in Rome, escalating risk has effectively capped the recent swell in US Treasury yields, while the combination of Federal Reserve policy tightening and increasing debt supply should keep the trapdoor from giving way. But nonetheless, m… read more...

Sentiment Speaks: Addressing Gold-Market Fallacies That Can Hamper Your Returns

via: SeekingAlpha at 2018-10-21 09:44:14:000

The general investment public usually applies the same principles when they chose how and when to invest their hard-earned money. (And we wonder why the general public always gets caught holding the bag at the highs and selling at the lows?) And, much of these principles are me… read more...

The Gold And Long Dollar ETFs Have Positive Charts As Commodities Slip On Oil

via: SeekingAlpha at 2018-10-21 08:25:32:000

Here are the daily charts for the gold, commodities and dollar exchange-traded funds. The Gold Trust ETF tracks the spot price of gold and is said to be backed by gold bars in vaults in London. SPDR Gold Trust (NYSEARCA: GLD ) Courtesy of MetaStock Xenith The Gold ETF ($116.0… read more...

This Week In Money - October 20, 2018

via: SeekingAlpha at 2018-10-21 01:59:24:000

Ross Clark Gold, Crude. Gerald Celente China, Gold, Oil, Global Economy. Eric Hadik Market Cycles. Larry Reaugh President & CEO of American Manganese Jim Pettit President & CEO of Aben Resources Produced by Read… read more...

Will Fed Rate Hikes Continue To Weigh Down Gold Prices?

via: SeekingAlpha at 2018-10-20 02:59:33:000

By Bruce Blythe At A Glance There's further upside in for Treasury yields and further downside for gold, some analysts say. The Federal Reserve's ongoing effort to prevent the U.S. economy from overheating threatens to squash any rally aspirations among gold bugs, at least for the ti… read more...

I Ain't Got A Crystal Ball: SchiffGold Friday Gold Wrap 10.19.18

via: SeekingAlpha at 2018-10-19 23:13:52:000

By SchiffGold The SchiffGold Friday Gold Wrap podcast combines a succinct summary of the week's precious metals news coupled with thoughtful analysis. It was another volatile week on Wall Street. Stocks rallied Tuesday and then plunged again on Thursday. Has the bubble popped? Are w… read more...

Gold Bulls: Don't Count On Yield Curve

via: SeekingAlpha at 2018-10-19 18:13:41:000

In the last edition of the Market Overview, we have discussed whether gold investors should worry about the yield curve . Or should they keep their fingers crossed for its inversion? We concluded that not necessarily, as its predictive power has weakened and it doesn't say anything about the … read more...

Gold-Stock Sentiment Shifting

via: SeekingAlpha at 2018-10-19 17:26:32:000

The gold miners' stocks have been largely ignored and neglected for years. Speculators and investors wanted little to do with them for various reasons. But that apathetic sentiment is finally starting to shift thanks to last week's stock-market plunge. Capital is starting to return to this bat… read more...

Gold Bulls Back To Square One

via: SeekingAlpha at 2018-10-19 14:11:20:000

The bulls have worked hard since August to establish an intermediate-term bottom for gold. While they have largely succeeded in doing so, there is a reason for their failure to take advantage of record short interest and launch gold to higher levels. That reason is the strong U.S. dollar, whic… read more...

Gold Asks: If Not Recession, Then What?

via: SeekingAlpha at 2018-10-18 20:34:26:000

We are on the verge of a recession. The Fed tightens and in the past it has never ended well. Yield curve is almost flat. When it inverses, it will be the end. All the bubbles will burst, pushing the global economy into another crisis. It will be more serious than all the previous cases, esp… read more...

Peter Schiff: We're About To See A Sequel To '08 And Like All Sequels It Will Be Bad (Video)

via: SeekingAlpha at 2018-10-18 06:59:39:000

By SchiffGold In the wake of the stock market plunge last week, Pre. Donald Trump said the market drop wasn't because of his trade war. Trump said, "That wasn't it. The problem I have is with the Fed. The Fed is going wild. They're raising interest rates and it's ridiculous." He also said … read more...

Silver Has Not Responded To Gold - Yet

via: SeekingAlpha at 2018-10-18 06:00:00:000

Gold and silver have long histories as a means of exchange or hard money. The precious metals have been around a lot longer than the fiat currencies we use each day to pay bills, purchase goods, and save for the future. The dollar, euro, yen, and all of the other currencies of the world have s… read more...

Dual Momentum October Update

via: SeekingAlpha at 2018-10-18 04:12:20:000

Scott's Investments provides a free "Dual ETF Momentum" spreadsheet which was originally created in February 2013. The strategy was inspired by a paper written by Gary Antonacci and available on Optimal Momentum. Antonacci's book , Dual Momentum Investing: An Innovative Strategy for Higher Re… read more...

Gold: Why Price Will Now Rally

via: SeekingAlpha at 2018-10-17 17:56:32:000

Gold now seems to have broken clear of the trading range it has been in since mid-august. We are getting some consolidation at present, but price is managing to remain above the $1,220 level. The $1,220 level was crucial in that we needed this price to be taken out for a weekly swing to form. … read more...

9 Years - Is That Enough?

via: SeekingAlpha at 2018-10-17 12:36:32:000

Nine years. Is it short or long? It depends on what we are talking about. In the geological time scale, it's a blink of an eye. But in the business cycle time scale, nine years is a really long time. The current economic expansion has recently turned 9 years old, as the Great Recession ended i… read more...

SLV: Here's Why Silver Is Likely Going Much Higher

via: SeekingAlpha at 2018-10-17 11:30:34:000

Source: SeekingAlpha.com Here's Why Silver Is Likely Going Much Higher In early September, I wrote an iShares Silver Trust ETF ( SLV ) article titled Silver: The Ultimate Bottom . Since then, SLV has appreciated by about 7%, and in conjunction with this move higher, several bullish de… read more...

Gold Breaks Higher On Fear

via: SeekingAlpha at 2018-10-17 07:25:00:000

The price of gold had been in a bear market since moving to a high at $1365.40 in late April of 2018. The peak price created a double-top formation in the futures market for the yellow metal as it reached a price that was equal to the January 2018 high. After rejecting an attempt to make a hig… read more...

Gold Going Higher - Mining Stocks Are Historically Cheap

via: SeekingAlpha at 2018-10-17 04:39:25:000

It's important to keep in mind that the mining stocks have been sold to levels well below their intrinsic value - in the case of larger-cap producing miners. Or their "optionality" value - in the case of junior mining companies with projects that have a good chance eventually of converting the… read more...

Is The Canary In The Gold Mine Coming To Life Again?

via: SeekingAlpha at 2018-10-17 03:28:39:000

By Pater Tenebrarum A Chirp from the Deep-Level Mines Back in late 2015 and early 2016, we wrote about a leading indicator for gold stocks, namely the sub-sector of marginal - and hence highly leveraged to the gold price - South African gold stocks. Our example du jour at the time was Ha… read more...

Stocks, Bonds, And The Dollar Are All About To Move Down Together

via: SeekingAlpha at 2018-10-16 21:10:39:000

Since July 2007, there have been 138 trading days out of 2,916 where the S&P 500 ( SPY ) fell more than 2% in one day, or 4.7% of all trading days. On 48 of those days, or 1.65% of trading days, the US Dollar ( UUP ) was down, too. On 18 of them, or 0.6% of the time, the 10Y Treasury yield… read more...

Fund Investors Sour On Equity Funds In September, But APs Remain Confident

via: SeekingAlpha at 2018-10-16 15:48:12:000

Photo Source: REUTERS/Brendan McDermid. Traders work on the floor of the New York Stock Exchange, September 21, 2018. For the first month in three investors were net redeemers of mutual fund assets, withdrawing $31.2 billion from the conventional funds business (excluding ETFs) for Septemb… read more...

McCullough: Time To Buy Gold?

via: SeekingAlpha at 2018-10-16 13:56:04:000

Its been a disastrous year to be long Gold ( GLD ). Gold prices are down around 12% since its January peak. However, some intriguing financial market changes may mean the bottom might soon be in, according to Hedgeye CEO Keith McCullough . Gold is starting to perk its … read more...

Gold Still Benefiting From Safety Factor

via: SeekingAlpha at 2018-10-16 13:18:02:000

After months of investors embracing risk and ignoring gold, the yellow metal has finally returned to the investing spotlight. Last weeks stock market panic sparked some much-needed safety-related interest in gold and boosted prices for the first time in weeks. In todays report … read more...

Market Tremors - Gold And Silver Shine

via: SeekingAlpha at 2018-10-16 13:00:28:000

By Christopher Arron The US and world markets were rattled last Thursday and Friday where all major indexes in the US had the biggest sell-off episode in the past 10 years. This calls for both gold and silver addressing serious opposition in the near future. The most important takeaway f… read more...

A Triptych For Stronger Gold Prices Is Under Way

via: SeekingAlpha at 2018-10-16 12:28:40:000

The Gentle Abstraction of Light (triptych), Christian Bahr Introduction Welcome to my Gold Weekly. In this report, I wish to discuss mainly my views about the gold market through the GraniteShares Gold Trust ETF ( BAR ). BAR is directly impacted by the vagaries of gold spot prices be… read more...

I Anticipate Higher Gold Prices

via: SeekingAlpha at 2018-10-16 11:08:48:000

Back in August , I made the assertion that gold prices could be set to bounce back after a period of prolonged weakness. My reasons for stating so were: 1) Trade sanctions increasing the attractiveness of gold as a reserve currency by key trading partners with the United States 2) Concern… read more...

You Can't Eat Gold - Precious Metals Supply And Demand

via: SeekingAlpha at 2018-10-16 10:56:51:000

You Actually Can Eat Gold, But Its Nutritional Value is Dubious "You can't eat gold." The enemies of gold often unleash this little zinger, as if it dismisses the idea of owning gold and indeed the whole gold standard. It is a fact, you cannot eat gold. However, it dismisses nothing. Over-… read more...

Tentative Signs Of Life In Gold - David Brady (12/10/2018)

via: SeekingAlpha at 2018-10-16 09:21:18:000

By David Brady Gold has finally caught a bid this week and is up to its highest level since July 31. The fact that the U.S. and China appear to have agreed on a meeting between Trump and Xi on trade issues at the next G20, coupled with the U.S. treasury's decision not to label China a curr… read more...

Sentiment Speaks: Global Warming (Assuming You Believe In It) Does Not Affect Gold

via: SeekingAlpha at 2018-10-16 08:00:00:000

When the market, represented by SPDR Gold Trust (GLD), broke down below 117.40, and then followed below the next support in the 114 region, we were hyper-focused on the 109 region. Thus far, that is where GLD has bottomed out (in overnight action). From there, we were expecting a rally, and … read more...

'All Other Assets Got Crushed.' - Eric Sprott On Gold's Great Week - Weekly Wrap-Up (October 12, 2018)

via: SeekingAlpha at 2018-10-16 07:49:11:000

By Craig Hemke Our intrepid world traveler returns this week - and just in time! Gold is up after its best day in nearly two and a half years, but is it time to celebrate yet? Don't miss this value-packed edition of the Wrap-Up, where you'll hear Eric's thoughts on: Gold's recent surge… read more...

Gold continues moving higher, marks best settlement since late July

via: SeekingAlpha at 2018-10-15 15:41:14:000

Comex gold futures rose modestly, closing +0.7% at $1,230.30/oz., but it was enough to send the yellow metal to its highest finish for a most-active contract since July 31 . More news on: Barrick Gold Corporation, Newmont Mining Corporation (Holding Company), Randgold Resources Limited,… read more...

The Past Week: Painful, But Nothing Anywhere Like The Same Week 10 Years Ago

via: SeekingAlpha at 2018-10-15 11:36:01:000

Background Over the past month, we already looked twice and compared the current markets to the ones we witnessed 10 years ago. First it was September 15th, 2018, marking the 10th anniversary of the Lehman bankruptcy . No doubt, a day to remember. Then, we looked back on 9/19/2018, a da… read more...

Gold Awakens From Slumber

via: SeekingAlpha at 2018-10-15 11:32:18:000

An interesting week for Gold ( GLD ), with the yellow metal finally stirring from its 2-month slumber. Looking at the macro picture going into year-end, it might just be Gold's time to shine. XAUUSD Daily Chart XAUUSD has been trading in a tight 1,170 to 1,220 range since August, but bro… read more...

Gold: Short- And Long-Term Perspectives

via: SeekingAlpha at 2018-10-15 10:44:19:000

I will begin my analysis with reviewing the degree of activity of the key gold market drivers. From the beginning of 2016 to the end of 2017, the gold price showed a strong inverse correlation with the US real interest rate . Then, since the beginning of 2018 this correlation has been extre… read more...

South African miners pop; Sibanye-Stillwater +7% premarket

via: SeekingAlpha at 2018-10-15 09:11:14:000

Sibanye-Stillwater (NYSE: SBGL ) +6.8% pre-market and surging as much as 20% on the Johannesburg Stock Exchange, a development the company says is reflective of its better outlook ." More news on: Sibanye-Stillwater, Harmony Gold Mining Company Limited, AngloGold Ashanti Li… read more...

Last Week Was Just A Taste Of The Coming Gold Short Squeeze

via: SeekingAlpha at 2018-10-15 06:44:54:000

The gold and silver futures markets got even more unbalanced last week, with speculators (who are usually wrong at the extremes) going as short as they've ever been and commercials going even more long. Here's the gold data in chart form: These are historically huge imbalances that - if th… read more...

Market And Political Turmoil; Stephen Leeb's Predictions On Gold And Silver

via: SeekingAlpha at 2018-10-15 06:24:48:000

Welcome to this week's Market Wrap Podcast, I'm Mike Gleason. Coming up we'll hear a wonderful interview with first time guest Dr. Stephen Leeb of Leeb Capital Management. Dr. Leeb weighs in on what he believes will be a major fly in the ointment for the U.S. when it comes to the trade war w… read more...

Peter Schiff Explains Why We Could See $5,000 Gold

via: SeekingAlpha at 2018-10-15 05:13:13:000

By SchiffGold Could we be heading toward $5,000 gold? Last week, there was a big sell-off in the bond market . Yields on the 10-year Treasury soared 11 basis points in one day. Global stock markets sold off the following morning, and US stock markets followed suit. This week, things rea… read more...

Sentiment Speaks: Consider This Your Final Warning About Gold, For Bulls And Bears Alike

via: SeekingAlpha at 2018-10-14 08:28:17:000

Sentiment is a funny bedfellow. When the metals market was at the lows back in August, everyone and their mother were again certain that we were going to break below $1,000 in gold. Yet, that exact sentiment is what kept us from doing so, no different than what we saw at the end of 2015. Cur… read more...

The Gold, Commodities And Long Dollar ETFs Have Positive Weekly Charts

via: SeekingAlpha at 2018-10-14 06:31:39:000

Here are the weekly charts for the gold, commodities and dollar exchange-traded funds. The Gold Trust ETF tracks the spot price of gold and is said to be backed by gold bars in vaults in London. SPDR Gold Trust (NYSEARCA: GLD ) Courtesy of MetaStock Xenith The Gold ETF ($115…. read more...

This Week In Money - October 13, 2018

via: SeekingAlpha at 2018-10-14 01:41:48:000

Ross Clark Stock Market Meltdown. Oil. Danielle Park World Debt, Stock Market Decline, Canadas & Australias Collapsing Real Estate Bubbles. Victor Adair Gold, Rising Interest Rates. Larry Reaugh President & CEO of Ame… read more...

Stocks' Last Cheap Sector

via: SeekingAlpha at 2018-10-13 11:00:40:000

The lofty stock markets suffered a sharp selloff this week that may prove a major inflection point. There was one lone sector that bucked the heavy selling to surge in the carnage, the gold miners stocks. They are the last cheap sector in these bubble-valued stock markets, long overloo… read more...

Investors Throw A Temper Tantrum: SchiffGold Friday Gold Wrap 10.12.18

via: SeekingAlpha at 2018-10-13 05:52:40:000

By SchiffGold The SchiffGold Friday Gold Wrap podcast combines a succinct summary of the week's precious metals news coupled with thoughtful analysis. It was an ugly week on Wall Street with the Dow shedding more than 1,300 points in two days. Rising interest rates sparked an invest… read more...

The S&P 500 Fall And Its Effect On The Precious Metals Sector

via: SeekingAlpha at 2018-10-12 15:58:09:000

Preamble Market sectors are interlinked and what boosts one particular sector can put downward pressure on other sectors. We have seen the recent action by the Fed in raising rates and the boosting effect that they have on the US dollar. A strengthening dollar has an inverse effect on gold… read more...

Global Warming Will Help Push U.S. Deficits (And Gold) Higher

via: SeekingAlpha at 2018-10-12 15:36:40:000

Judging by comments left to many of my articles, there are still a substantial number of Seeking Alpha users who are do not believe that man's activities are having a significant and negative impact on global warming. Of course I disagree. But one thing we can agree on: the costs related to th… read more...

Safe Haven Demand Finally Returns

via: SeekingAlpha at 2018-10-12 14:36:20:000

The bulls finally took control of golds immediate-term trend, pushing the metals price 2.50% higher on Thursday. The equity market sell-off in the last two days has put gold back into a strong technical position as safety-related demand has dramatically increased. In today&#x2… read more...

Massive Short Squeeze In Gold And Silver?

via: SeekingAlpha at 2018-10-12 11:26:41:000

This is the VC PMI Early Bird Metals Special Update for October 11, 2018. Gold The gold market is trading last at $1,211.50, up about 17.70/17.80. The average price is $1,194. The market trading at the high of today at $1,214 means that it basically broke out above the sell 1 (S1) level … read more...

The Credit Cycle Is On The Turn

via: SeekingAlpha at 2018-10-12 05:46:14:000

We are on the verge of moving into an era of high interest rates, so markets will behave differently from any time since the early 1980s. There are enough similarities with the post-Bretton Woods era of the 1970s to give us some guidance as to how markets are likely to evolve in the foreseeabl… read more...

Peter Schiff: The Recession Is Obviously Coming

via: SeekingAlpha at 2018-10-12 03:47:12:000

By SchiffGold The Dow Jones fell 831 points Wednesday, a decline of more than 3%. Meanwhile, the S&P 500 charted its biggest daily decline since February, and the Nasdaq Composite dropped 4.08 percent. This follows on the heels of a 200-point drop in the Dow last week after the 10-yea… read more...

CEF: Beneficial Gold And Silver Developments

via: SeekingAlpha at 2018-10-11 16:12:53:000

The past several months have certainly been unpleasant ones for precious metals investors as the price performance of both gold and silver have disappointed. This is at least partly due to the U.S. dollar, which has seen its value driven upward over the past year because of the Federal Reserve… read more...

Gold spikes to $1,218 as dollar strength slips

via: SeekingAlpha at 2018-10-11 10:54:04:000

Comex gold climbs more than 2% to $1,218/oz . for its third straight daily gain, the metals best run since late August, as the dollar slips amid the global slump in equity markets. More news on: Barrick Gold Corporation, Newmont Mining Corporation (Holding Company), Goldcorp Inc…. read more...

Taking A Look At Gold LEAPS

via: SeekingAlpha at 2018-10-11 10:10:13:000

As incredible as it may sound, Im starting to hear good things about gold. Thats amazing as the barbarous relic has been the red headed step child of the financial markets for the past six years. Not since the yellow metal peaked in 2011 have I heard the talk so bullish. Yo… read more...

Jim Deeds: 'Prepare For The Highly Leveraged Chain Reaction'

via: SeekingAlpha at 2018-10-11 06:38:05:000

Read more … read more...

Rising Interest Rates Are A Big Deal

via: SeekingAlpha at 2018-10-11 06:10:33:000

John Rubino and Michael Oliver return on the radio program. In 1970, a 1% increase in U.S. treasury interest rates increased the budget deficit by $3.7 billion. Now, with a $22 trillion budget deficit, a 1% rise in rates adds $220 billion annually to America's deficit. A 5% rise would in… read more...

Gold Has A Weight Around Its Neck, But The Price Refuses To Make A Lower Low

via: SeekingAlpha at 2018-10-11 06:00:00:000

Gold has had a problem in 2018. The yellow metal has run into an environment of a rising U.S. dollar and higher interest rates which amount to a bearish historical double-whammy. The rise in the U.S. dollar index from a low of 88.15 in February to its current level at over 95 on the December… read more...

Gold: Extreme Conditions Draw The Opposite Scenario

via: SeekingAlpha at 2018-10-11 05:03:05:000

In my opinion, a strong US dollar and weak treasury notes prices are a poisonous mixture for the precious metals market. And vice versa. In this article, I am trying to look at the relationship between the US dollar, US treasuries and the precious metals market. Although the recent pattern pri… read more...

What Are You Expecting From Gold In Your Portfolio Strategy?

via: SeekingAlpha at 2018-10-11 01:29:56:000

Gold is deemed an essential piece of the asset allocation pie in some corners. The reasons vary, depending on the investor, although it's not uncommon to hear rationales that sound more like religious sermons on the mystical properties of the yellow metal. From an econometric perspective, gold… read more...

Gold Weekly: Hold Your Breath!

via: SeekingAlpha at 2018-10-10 18:08:44:000

Hold My Breath, Claire Desjardins Introduction Welcome to my Gold Weekly. In this report, I wish to discuss mainly my views about the gold market through the GraniteShares Gold Trust ETF ( BAR ). BAR is directly impacted by the vagaries of gold spot prices because the fund physically… read more...

Nasdaq tumbles more than 2% in fast morning action

via: SeekingAlpha at 2018-10-10 11:48:03:000

With Q3 earnings season ready to gear up, equities continue to stumble in the face of the fast rise in interest rates. More news on: Invesco QQQ ETF, SPDR S&P 500 Trust ETF, SPDR Dow Jones Industrial Average ETF, Top stock market news, Stocks on the move, News on the U.S. economy, Comm… read more...

Sentiment Speaks: Gold Action Does Not Make Sense

via: SeekingAlpha at 2018-10-10 08:00:00:000

I have been hearing for years how gold is manipulated to go down, and is expected to rise when allowed to trade freely. So, according to these manipulation theorists, gold is really only supposed to move in one direction and would never see any corrections. Yes, I know that sounds ridiculous… read more...

Cautious Approach - Cramer's Mad Money (10/9/18)

via: SeekingAlpha at 2018-10-10 07:39:39:000

Stocks discussed on the in-depth session of Jim Cramer's Mad Money TV Program, Tuesday , October 9. Cramer said he has been a stock market bull for a long time, but there are moments where he gets cautious and re-evaluates his position. "The universe of potential winners does feel, a… read more...

Why Currency Moves Matter For Gold And Base Metals

via: SeekingAlpha at 2018-10-10 07:05:30:000

By Kathy Lien At A Glance The Chinese yuan, not the U.S. dollar, has had the strongest connection to gold over the past year. The correlation between the U.S. dollar and gold is well known. Gold is priced in dollars so when there's trouble in the world, investors will take their mone… read more...

Global Precious MMI: Precious Metals Index Rebounds On Back Of Palladium

via: SeekingAlpha at 2018-10-10 06:58:28:000

Original post By Taras Berezowsky MetalMiner's precious metals index, tracking a basket of platinum, palladium, gold and silver prices in several geographies across the globe, bounced back in October after several months of declines. The Global Precious Monthly Metals Index (… read more...

A Potholed Encumbered Landscape

via: SeekingAlpha at 2018-10-10 03:22:05:000

By Stephen Innes Market sentiment: risky business US politics is back in forefront Tuesday, adding more spice and another air of unpredictability to the mix as markets continued their tenuous voyage through a potholed encumbered landscape, dealing with the fragile US-China relations bo… read more...

5 Charts That Show Why Gold Belongs In Your Portfolio Now

via: SeekingAlpha at 2018-10-09 23:48:56:000

The annual In Gold We Trust report by Liechtenstein-based investment firm Incrementum is a must-read account of the gold market, and its just-released chartbook for the 2018 edition is no exception. The strengthening U.S. dollar has lately dented the price of gold, and risi… read more...

That Moment When You Realize Commodities And Emerging Markets Suddenly Diverge

via: SeekingAlpha at 2018-10-09 11:39:00:000

Different Asset-Classes Performance Over Time A quick look at the asset class ETF returns since 2008 (per above chart) reveals a few interesting points: 1. The asset classes with the most appearances on both highest and lowest returns (combined) are: Emerging Markets ( EEM ), with si… read more...

Sentiment Speaks: GDX Is Being Torn Apart

via: SeekingAlpha at 2018-10-09 08:00:00:000

Rising interest rates are good for metals. Rising interest rates are bad for metals. We have heard the arguments from both sides. In fact, I think it is no different when people claim inflation is good for gold relative to those who believe deflation is good for gold. Personally, I don&#x201… read more...

Miraculous Credit Spreads - Precious Metals Supply And Demand

via: SeekingAlpha at 2018-10-09 06:08:16:000

Running From "Risk-Free" to Not So Risk-Free Debt The price of gold blipped $13 last week, while the price of silver was unchanged. Speaking of interest rates and central planning by central banks, we note that in mid-2016, a correction (counter-trend move to the main trend) began in 10-year… read more...

When Will Gold Rebound?

via: SeekingAlpha at 2018-10-08 12:40:57:000

For many traders and investors, momentum is everything. After all, why tie up money in an asset that's not likely to produce a positive return and produce it pronto? Normally, investors consider an asset's price velocity as a measure of momentum. And they're right to do so, though that's not… read more...

Gold heads for worst one-day drop since August

via: SeekingAlpha at 2018-10-08 12:36:50:000

Gold is on track for its biggest one-day price decline since mid-August after the U.S. dollar rose to approach its highest level in nearly two months; Comex gold currently -1.3% to $1,189.70/oz., and silver -2.3% to $14.31/oz. More news on: Barrick Gold Corporation, Newmont Mining Co… read more...

What A Trade War With China Means For Gold

via: SeekingAlpha at 2018-10-08 12:09:17:000

By Scott Bauer A trade war has been the looming specter in the marketplace for months now. The United States has flirted with trade disputes with just about every one of our trade partners ; Mexico, Canada and even the European Union. But the major dispute that has everyone concerned is … read more...

The United States - The One And Only Master Of The (Investment) Universe Might Be Heading Towards A Pyrrhic Victory

via: SeekingAlpha at 2018-10-08 08:25:11:000

Background Everywhere you look (everywhere you look) There's a heart (there's a heart) A hand to hold on to Everywhere you look (everywhere you look) There's a face (There's a face) Of somebody who needs you Everywhere you look (everywhere you look) When you lost out there and you'r… read more...

The Battle Between Bearish Fundamentals And Bullish Sentiment Continues

via: SeekingAlpha at 2018-10-08 07:58:03:000

Editor's note: Originally published at tsi-blog.com on October 8, 2018. In a 13th August blog post , I noted that for the first time this year the sentiment backdrop had become decisively supportive of the gold price. I also noted that the fundamental backdrop remained unequivocally gol… read more...

Central Banks Are Piling Into Gold

via: SeekingAlpha at 2018-10-07 16:30:16:000

Investment Thesis The long-term yields in the U.S. seems to have broken important trend levels. However, gold ( GLD ) remains above $1,200/oz despite the higher real return on long-dated bonds and the extremely bearish sentiment in the paper gold market. Many countries have been buying gol… read more...

Frank Holmes: Gold Stocks, Gold, And Silver Are Great Buys Now

via: SeekingAlpha at 2018-10-07 13:23:00:000

Don't want to listen? Read the podcast below! Welcome to this week's Market Wrap Podcast, I'm Mike Gleason. Coming up we've got a wonderful interview with Frank Holmes, CEO of U.S. Global Investors. Frank talks about some key developments in the gold community and why he believes a … read more...

How To Protect Your Portfolio In A Bear Market

via: SeekingAlpha at 2018-10-07 08:38:00:000

Economic uncertainty in emerging markets and steeply rising interest rates in the U.S. created plenty of concerns among global investors in the past week. Nobody knows for certain how these factors will affect stock markets in the coming days, but the fact remains that the stock market is inhe… read more...

This Week In Money - October 6, 2018

via: SeekingAlpha at 2018-10-07 06:21:55:000

Ross Clark FAANGs, US 10 Year Treasuries, Marijuana Stocks. Rick Rule Gold, Silver. Geo-Political Risks for Developing New Mines. Harold Saunders Tips on How to Stay out of Debt and Solutions If You Are Buried In Debt. Larry Reaugh President… read more...

The Gold ETF Is Bottoming, The Commodities ETF Is Positive, The Dollar ETF Remains Stable

via: SeekingAlpha at 2018-10-07 05:25:45:000

Here are the daily charts for the gold, commodities and dollar exchange-traded funds. The Gold Trust ETF tracks the spot price of gold and is said to be backed by gold bars in vaults in London. SPDR Gold Trust (NYSEARCA: GLD ) Courtesy of MetaStock Xenith The Gold ETF ($113.0… read more...

Tripping Down The Primrose Path To Ruin: SchiffGold Friday Gold Wrap 10.05.18

via: SeekingAlpha at 2018-10-06 04:24:53:000

By SchiffGold The SchiffGold Friday Gold Wrap podcast combines a succinct summary of the week's precious metals news coupled with thoughtful analysis. The yield on the 10-year Treasury hit its highest level in seven years this week. In other words, interest rates are going up. This … read more...

Gold Stocks: Massive Upside As Sector At Or Near Major Low

via: SeekingAlpha at 2018-10-06 03:33:30:000

It's been almost two months since gold bottomed, yet the rebound so far has been uninspiring as the SPDR Gold Trust ETF ( GLD ) is still only a few percent away from breaking down again. After an almost 15% decline since April (which is a considerable drop for gold in such a short period of ti… read more...

The Risk Of A Recession Is Rising

via: SeekingAlpha at 2018-10-05 10:44:47:000

I havent been writing for Seeking Alpha lately, but when I find something in the market I cannot ignore, I feel obligated to present it. Recenty, Ive discovered something rather worrying about the general market. However, gold traders might be happy about this revelation. L… read more...

Guts of jobs report better than headline; yields shoot higher

via: SeekingAlpha at 2018-10-05 08:45:41:000

The headlines say big miss - with just 134K jobs added vs. 185K expected. Some economists, however, were predicting a messy/soft number thanks to the hurricane that hit the southeast. Also, there were revisions, with July's 147K gain revised higher by 18K jobs, and August's 201K gain revised… read more...

Fasten Your Seatbelts, It's A New Ball Game

via: SeekingAlpha at 2018-10-05 08:30:13:000

Background If you were thinking (hoping?) that in light of the rising yields, Fed Chair Jerome Powell would step in to calm things down, think again. Not only that he hasn't, but also he added fuel to the fire, saying that the Fed may eventually raise rates to levels where they begin to … read more...

Gold Awaits The Peak And Fall In USD/CNY - David Brady (04/10/2018)

via: SeekingAlpha at 2018-10-05 07:00:15:000

Gold remains mired in a range from 1167-1221 on the wide and 1184-1212 in a more recent narrower range. It has been stuck here since it bottomed at 1167 on Aug 16 th . This is despite an extremely bullish set-up from a technical (oversold) sentiment (overbearish), and positioning (record Spec … read more...

The Tragically Flawed Fed Policies And The Eventual Reset Of The Gold Price

via: SeekingAlpha at 2018-10-05 06:06:09:000

With gold showing good resiliency, as it has tested the $1200 level successfully after enduring aggressive paper gold attacks during Comex floor trading hours, its only a matter of time before it breaks out above $1220 and heads toward $1300. Gold has been under attack in the futures m… read more...

Bond Market Weakness May Benefit Gold

via: SeekingAlpha at 2018-10-04 14:04:25:000

Just when it looked as if gold had found its salvation in the form of Italy, safe-haven buying of the metal came to an abrupt halt on Wednesday. A renewed rally in the dollar on the back of strong U.S. economic news undermined investors interest in the metal, calling into question its … read more...

Cycles: Can Gold And Stocks Rally Together?

via: SeekingAlpha at 2018-10-04 13:53:37:000

It will be interesting to see whether the divergence between precious metals and equities continues for the rest of the year. As we can see from price action of both the S&P 500 plus gold, both asset classes have pretty much been trading in a diverging manner since April of this year. With… read more...

Sentiment Speaks: More Evidence Of Manipulation In The Gold Market

via: SeekingAlpha at 2018-10-04 08:00:00:000

This past week, we saw that the Bank of Nova Scotia was charged by the Commodity Futures Trading Commission with multiple acts of spoofing in gold and silver futures between June 2013 and June 2016. Traders placed orders to buy or sell precious metals futures contracts with the intent to cance… read more...

Gold Faces Rising Rates - NUGT And DUST Offer Turbocharged Trading Opportunities

via: SeekingAlpha at 2018-10-04 06:15:00:000

The summer of 2018 was a rough time for the gold market which put in its worst price performance since 2015. The price of the yellow metal had been making higher lows since December 2015 when the U.S. Federal Reserve began tightening credit after years of accommodation. Gold reached a high of … read more...

In Gold We Trust?

via: SeekingAlpha at 2018-10-04 04:43:02:000

Ronald-Peter Stferle visits for the first time while Michael Oliver returns as guest on the radio program. Few investment professionals know the details of the gold markets better than fund manager Ronald-Peter Stferle. Why has gold been in such a tepid market at a time when … read more...

Your Pension Fund Now Owns The 'Bad Debt' The Big Banks Used To Own

via: SeekingAlpha at 2018-10-04 04:25:22:000

Read more … read more...

No Stopping The U.S. Dollar Runaway Train At The Moment

via: SeekingAlpha at 2018-10-04 04:13:44:000

By Stephen Innes US Markets The US dollar is on a rampage as awe-inspiring beat on both the ADP and ISM services index combined with very supportive Fed speak sent the US dollar soaring. Just another risk on the day for US market's despite US bond yields surging. But look no further … read more...

VC PMI Early Bird Weekly Gold And Silver Supply And Demand Update

via: SeekingAlpha at 2018-10-03 15:31:27:000

The Variable Changing Price Momentum Indicator (VC PMI) Early Bird Weekly Update for October 2, 2018. Gold The gold market traded last at $1,210, up $18.60. The market has reverted back from the buy 1 (B1) levels below $1,200, has gone through the average price of $1,192 and met the extrem… read more...

Gold Weekly: A Happy Surprise For Q4 2018?

via: SeekingAlpha at 2018-10-03 09:22:43:000

Welcome to my Gold Weekly. In this report, I wish to discuss mainly my views about the gold market through the GraniteShares Gold Trust ETF (NYSEARCA: BAR ). BAR is directly impacted by the vagaries of gold spot prices because the Funds physically holds gold bars in a London vault and custo… read more...

Yield Curve Compression - Precious Metals Supply And Demand

via: SeekingAlpha at 2018-10-03 05:05:31:000

Hammering the Spread The price of gold fell nine bucks last week. However, the price of silver shot up 33 cents. Our central planners of credit (i.e., the Fed) raised short-term interest rates, and threatened to do it again in December. Meanwhile, the stock market continues to act as if inve… read more...

Momentum Portfolio October Update

via: SeekingAlpha at 2018-10-03 02:26:51:000

In 2011, Scott's Investments began tracking a momentum portfolio which ranks a basket of ETFs based on price momentum and volatility. In 2014, I also introduced a pure momentum system, which ranked the same basket of ETFs based solely on price momentum. Both strategies have undergone minor rev… read more...

U.S. Markets Rescue Global Risk Sentiment Yet Again

via: SeekingAlpha at 2018-10-03 00:46:06:000

By Stephen Innes US Markets It seems we can rely on the US markets to bail out souring global risk sentiment again and again. But the question should be, how long can we expect this to continue? Almost like clockwork, the Dow Jones Industrial Average hit a record high on Tuesday, feedi… read more...

Gold pushes near two-week high, miners sport strong gains

via: SeekingAlpha at 2018-10-02 15:18:29:000

Gold futures settled back above $1,200/oz. to reach their highest levels in nearly two weeks, boosted by jitters surrounding Italys financial picture, lifting prices for the precious metal to their highest closing level in nearly two weeks. More news on: Barrick Gold Corporation,… read more...

Market Volatility Bulletin: S&P Volatility Stays Tidy While Brother Russell Churns

via: SeekingAlpha at 2018-10-02 12:10:04:000

Market Intro CNBC: Tuesday 11:36 AM Unwilling to be their little brother's keeper, large cap US stocks ( SPY , DIA , QQQ ) are showing little concern for the travails of the small cap Russell 2k ( IWM ), which has fallen about 2% cumulatively since the Q4 inception. Spot VIX on the S… read more...

Rare rally for precious metals

via: SeekingAlpha at 2018-10-02 11:08:15:000

Gold today is ahead 1.4% to $1,209 per ounce, while silver is up 2.8% to $14.92. More news on: SPDR Gold Trust ETF, iShares Silver Trust ETF, iShares Gold Trust ETF, Commodities news, Stocks on the move, News on ETFs, Top stock market news, Read more … read more...

Leveraged ETF Decays - Update

via: SeekingAlpha at 2018-10-02 08:59:24:000

I measure once a month the decay of major leveraged ETFs. It may be useful for anyone using leveraged ETFs for investing, trading or hedging. Where does the decay come from? Most of the time, a leveraged ETF does worse than the underlying asset leveraged by the same factor. This relat… read more...

Gold's Bottom Could Be Investors' Lost Treasure

via: SeekingAlpha at 2018-10-02 05:03:59:000

Get ready, gold bulls: The precious metal could be close to finding a bottom. The price of gold fell back below $1,200 an ounce again last week as the U.S. dollar advanced following another federal funds rate hike. The precious metal logged its sixth straight month of declines, its longest… read more...

Oil's The Word

via: SeekingAlpha at 2018-10-02 04:14:22:000

By Stephen Innes Oil markets: Frenzied Action Oil has sprung another gusher overnight, and in roaring fashion clocked an eye-watering 3% surge. Brent has hit $85, while WTI has hit $75.40 - the highest levels in over four years. There haven't been any new significant near-term catalyst… read more...

So, You Were Early On Gold? Is It Time To Buy Yet?

via: SeekingAlpha at 2018-10-01 18:30:00:000

So, You Were Early On Gold? Is It Time To Buy Yet? At the end of August, a little over one month ago, I wrote an article on gold ( GLD ) titled, " If You Want To Buy Gold, Watch The Fed " in which I claimed that the Federal Reserve needs to stop raising rates before it is a good ti… read more...

Gold And Commodities Are Still Bottoming As The Dollar Stabilizes

via: SeekingAlpha at 2018-10-01 13:39:56:000

Here are the weekly charts for the gold, commodities and dollar exchange-traded funds. The Gold Trust ETF tracks the spot price of gold and is said to be backed by gold bars in vaults in London. SPDR Gold Trust (NYSEARCA: GLD ) Courtesy of MetaStock Xenith The Gold ETF ($112…. read more...

3 Stock Market Myths Every Investor Should Know

via: SeekingAlpha at 2018-10-01 09:36:32:000

The stock market is a complex system that tends to get oversimplified by investors and analysts alike. Some generalities get repeated ad nauseum, causing the average investor to accept them as fact. This article investigates three such generalities and shows why they do not stand the test of… read more...

This Week In Money - September 29, 2018

via: SeekingAlpha at 2018-10-01 08:04:53:000

Ross Clark - Precious Metals, Dow Hits Record High. Maxime Bernier - People's Party of Canada, Fiscal Responsibility, NAFTA. Hilliard MacBeth - Canadian Housing Bubble. Wolf Richter - US Trade, Interest Rate Hikes, Trump Bump. Larry Reaugh , President & CEO of … read more...

Is Gold About To Regain Its Glitter?

via: SeekingAlpha at 2018-10-01 06:44:43:000

By Erik Norland At a Glance A strong dollar and tighter U.S. monetary policy have been bearish for gold. The past seven years have been lackluster for gold. Expectations that the Federal Reserve's post-crisis quantitative easing ((QE)) programs would stoke inflation failed to mater… read more...

Trump Unhappy With Rate Hikes; Congress Approving Extraordinary New Deficit Spending

via: SeekingAlpha at 2018-09-29 07:58:30:000

Don't want to listen? Read the podcast below! Welcome to this week's Market Wrap Podcast, I'm Mike Gleason. Coming up, we'll hear a fascinating interview with Chris Powell of the Gold Anti-Trust Action Committee. Chris gives perhaps the most thorough explanation of why governments are… read more...

Trump Unhappy With Rate Hikes; Congress Approving Extraordinary New Deficit Spending

via: SeekingAlpha at 2018-09-29 07:58:30:000

Don't want to listen? Read the podcast below! Welcome to this week's Market Wrap Podcast, I'm Mike Gleason. Coming up, we'll hear a fascinating interview with Chris Powell of the Gold Anti-Trust Action Committee. Chris gives perhaps the most thorough explanation of why governments are… read more...

Gold Bulls And Fed Camels: SchiffGold Friday Gold Wrap 09.28.18

via: SeekingAlpha at 2018-09-29 07:30:03:000

By SchiffGold The SchiffGold Friday Gold Wrap podcast combines a succinct summary of the week's precious metals news coupled with thoughtful analysis. The Fed nudged up interest rates again this week and the price of gold dipped. The precious metals market hasn't offered a lot to ge… read more...

Gold Bulls And Fed Camels: SchiffGold Friday Gold Wrap 09.28.18

via: SeekingAlpha at 2018-09-29 07:30:03:000

By SchiffGold The SchiffGold Friday Gold Wrap podcast combines a succinct summary of the week's precious metals news coupled with thoughtful analysis. The Fed nudged up interest rates again this week and the price of gold dipped. The precious metals market hasn't offered a lot to ge… read more...

Gold Risks Lower Lows Next, But The Outlook Remains Bullish - David Brady (28/09/2018)

via: SeekingAlpha at 2018-09-29 05:02:22:000

By David Brady, CFA We now have confirmation that the trade war between the U.S. and China is going to be a protracted one, given that neither side is willing to back down. China has declined any further talks because it refuses to negotiate under the threat of further tariffs, or as it pu… read more...

Gold Risks Lower Lows Next, But The Outlook Remains Bullish - David Brady (28/09/2018)

via: SeekingAlpha at 2018-09-29 05:02:22:000

By David Brady, CFA We now have confirmation that the trade war between the U.S. and China is going to be a protracted one, given that neither side is willing to back down. China has declined any further talks because it refuses to negotiate under the threat of further tariffs, or as it pu… read more...

The Dollar's Days As Reserve Currency May Be Numbered

via: SeekingAlpha at 2018-09-28 11:11:48:000

Over the past few years, I have published a few articles to this site detailing the very real threats to the U.S. dollar's position as the global reserve currency. The privileged position that the currency provides American companies and the American economy is often underestimated by investor… read more...

Gold Weekly: Still Waiting For The Great Wave

via: SeekingAlpha at 2018-09-28 09:05:46:000

Wave, Paul Klee (1938) Introduction Welcome to my Gold Weekly. In this report, I wish to discuss mainly my views about the gold market through the GraniteShares Gold Trust ETF ( BAR ). BAR is directly impacted by the vagaries of gold spot prices because the fund physically holds gold… read more...

UGLD And DGLD Offer Trading Opportunities In Gold

via: SeekingAlpha at 2018-09-28 06:00:00:000

The highly-leveraged and volatile world of futures and futures options trading requires traders and investors to maintain separate accounts with a different set of rules, regulations, and documentation. The proliferation of ETF ETN instruments that are unleveraged and leveraged have opened a n… read more...

Gold tumbles to near six-week low as dollar strengthens

via: SeekingAlpha at 2018-09-27 15:23:36:000

Gold slid to its lowest level in nearly six weeks , as December Comex gold settled -1% to $1,187.40/oz., while the dollar strengthened following the Fed's latest interest rate hike. More news on: SPDR Gold Trust ETF, VanEck Vectors Gold Miners ETF, Direxion Daily Gold Miners Index … read more...

Gold: What To Expect After The Fed's Meeting

via: SeekingAlpha at 2018-09-27 13:28:59:000

Camille Fine Source: Net Dania While gold spot prices have stabilized somewhat since the start of September and have rebounded by roughly 3% since their 2018 low of $1,160 per oz established in mid-August, they have underperformed their complex, especially platinum and palladium, … read more...

Central bank gold buying hits highest in six years, Macquarie says

via: SeekingAlpha at 2018-09-27 11:22:10:000

Central banks have emerged as some of the biggest buyers of gold this year , buying a total of 264 metric tons this year to reach the highest level in six years, according to analysts at Macquarie. More news on: SPDR Gold Trust ETF, iShares Gold Trust ETF, Sprott Physical Gold Trust, Comm… read more...

Gold & Inflation - A Long-Term Perspective

via: SeekingAlpha at 2018-09-27 10:59:28:000

Introduction The US inflation rate fluctuated throughout history. There have been all kind of inflation regimes. Periods of high, low, and negative inflation were recorded. The first chart gives a good overview of the historic inflation evolution in the US. It shows the frequent and sharp… read more...

PPLT And Platinum Futures Offer Incredible Value

via: SeekingAlpha at 2018-09-27 06:15:00:000

Since 2014, the price of platinum has trailed the other members of the precious metal sector. The last time that the commodity with the nickname "rich man's gold" traded at a higher price than the yellow metal was during that year. Over the past four years, the price of platinum has deteriorat… read more...

Gold volatile, but still lower post-rate hike

via: SeekingAlpha at 2018-09-26 15:22:36:000

The FOMC earlier as expected hiked the Fed Funds rate by 25 basis points. Also somewhat expected, the Committee removed "accommodative" from its policy statement and indicated a fourth 2018 rate hike is coming in December. More news on: SPDR Gold Trust ETF, iShares Gold Trust ETF, Sprott P… read more...

Central Bank Gold Purchases Now Control 10% Of The Total Market

via: SeekingAlpha at 2018-09-26 08:06:02:000

Central Banks have become big players in the gold market and now control 10% of the total market demand. Now, this wasn't always the case. Just ten years ago, the Central Banks were main suppliers via their policy of dumping gold into the market. However, the Central Bank strategy to sell gold… read more...

Sentiment Speaks: Gold Can Still See A Lower Low

via: SeekingAlpha at 2018-09-26 08:00:00:000

The Fed controls the gold market. The manipulators control the gold market. The swaps control the gold market. The hedge funds control the market. Yes, I have heard about how everyone is controlling the gold market. In fact, I even hear such ridiculous statements as, "The ban… read more...

Gold/Silver Ratio Back At Extremes

via: SeekingAlpha at 2018-09-26 07:48:24:000

The gold/silver ratio, calculated by simply dividing the gold price by the silver price, may be signaling the end of the bear market in metals is drawing near. That could be good news for gold investors and great news for those who hold silver. First, let's take a look at a long-term chart o… read more...

Theoretical Basis Of Fundamental Gold Price Calculation - Precious Metals Supply And Demand

via: SeekingAlpha at 2018-09-26 04:21:36:000

Speculators vs. Arbitrageurs The price of gold rose six bucks, and the price of silver rose 26 cents last week. Before we look at the graphs, we want to address a reader question. This week, someone asked about how we calculate the Monetary Metals fundamental gold price . The theoretic… read more...

Decision Day : The FOMC Looms

via: SeekingAlpha at 2018-09-26 03:22:14:000

By Stephen Innes US markets Major U.S. indexes closed mostly lower Tuesday ahead of the Federal Reserve Board's rate decision, as airlines, transportation and shipping companies are feeling the squeeze from higher oil prices. But higher energy prices are stoking the inflationary fires,… read more...

All Hail The Fourth Quarter, The Market's Best Quarter (By Far)

via: SeekingAlpha at 2018-09-25 05:47:32:000

By Gary Alexander As the third quarter is about to end in five days, I think we can all take a deep breath, let it out, and then realize that we have dodged the most dangerous quarter of the year - Quarter #3 - and we are about to enter the strongest quarter of the year. But first, let's r… read more...

Charts Of The Day: Perspectives

via: SeekingAlpha at 2018-09-24 09:50:25:000

The $1 Trillion Mark In 1982, the entire S&P 500 ( SPY ) was worth $1 trillion, which is the current market cap of Apple ( AAPL ), give or take $500 million… The New Deutsche Bank/Mark Meanwhile, in Germany ( EWG ), the possibility of merging the struggling Deutsche Bank ( DB ) and... read more...

U.S. And Global Stocks, Commodities, Precious Metals And The 'Anti-USD' Trade

via: SeekingAlpha at 2018-09-24 01:54:32:000

With the intensity of this weeks move Ive already taken a couple quick profits in items that could be considered part of the anti-USD trade. The most recent leg of the US stock market rally and the bounces in global equities, commodities and precious metals … read more...

Looking Closer At The Deficit And Growing Interest Expenses

via: SeekingAlpha at 2018-09-23 09:49:54:000

Overview In a recent article, The Fed Dilemma , I highlighted the overall market leverage and the sensitivity to increasing interest rates. In this article, I will take a closer look at interest rate expenses and the budget deficit. We have seen long-term rates go up recently, and there is … read more...

Gold And Commodities Are Still Bottoming As The Dollar Tops Out

via: SeekingAlpha at 2018-09-23 08:39:37:000

Here are the weekly charts for the gold, commodities and dollar exchange-traded funds. The gold trust ETF tracks the spot price of gold and is said to be backed by gold bars in vaults in London. SPDR Gold Trust (NYSEARCA: GLD ) Courtesy of MetaStock Xenith The Gold ETF ($113…. read more...

The Economy's Rotten Foundation: SchiffGold Friday Gold Wrap 09.21.18

via: SeekingAlpha at 2018-09-22 03:58:32:000

By SchiffGold The SchiffGold Friday Gold Wrap podcast combines a succinct summary of the week's precious metals news coupled with thoughtful analysis. Stock markets hit record highs this week. It's yet another sign that everything in the economy is great! But there's a rotting found… read more...

Gold Exodus To Reverse

via: SeekingAlpha at 2018-09-22 02:37:47:000

Investors have pulled much capital out of gold in recent months in a major mass exodus. Their sentiment waxed very bearish as gold was pounded lower by extreme record gold-futures short selling. The latest record stock-market highs also suppressed the perceived need for diversifying portfolios… read more...

Gold And Gold Stocks - Small Rays Of Light In The Vale Of Tears

via: SeekingAlpha at 2018-09-21 06:22:38:000

By Pater Tenebrarum A Rebound Gets Underway - Will It Have Legs? Ever since the gold indexes have broken below the shelf of support that has held them aloft since late 2016 (around 165-170 points in the HUI Index), the sector was not much to write home about, to put it mildly. Precious… read more...

Gold Awaits The Fed

via: SeekingAlpha at 2018-09-21 06:00:00:000

Gold had been in a bull market since falling to lows in December 2015 at $1046.20 per ounce on the nearby COMEX futures contract. The yellow metal made higher lows and higher highs until it reached $1377.50 in July 2016 in the aftermath of the Brexit referendum. While gold had not traded to a … read more...

Fund Investors And APs Embrace Fixed Income Funds And ETFs In August

via: SeekingAlpha at 2018-09-20 08:04:33:000

Photo Source: REUTERS/Chris Wattie. Flags fly above the Federal Reserve building in Washington, DC, U.S., August 22, 2018. For the second consecutive month investors were net purchasers of mutual fund assets, injecting $7.5 billion into the conventional funds business (excluding ETFs) for… read more...

Imminent Move Downward In Gold

via: SeekingAlpha at 2018-09-19 15:30:20:000

One of the best pieces of investing advice I've heard is from Soros and Druckenmiller after breaking the Bank of England on Black Wednesday. To paraphrase Druckenmiller, he explained successful investing is not about being right all the time. It's about having the experience and ability to kno… read more...

Which Precious Metals Are Likely To Be Better Investments During The Next Market Crash? - Steve St. Angelo (18/09/2018)

via: SeekingAlpha at 2018-09-19 10:35:18:000

By Steve St. Angelo The question on the minds of many investors is which of the precious metals will be better investments during the next market crash? I should know because I receive this question in my email box quite often. So, I decided to test the price action of several metals and h… read more...

Keep Your Eye On The Dollar This Week

via: SeekingAlpha at 2018-09-19 09:30:00:000

The biggest macro story of the year has undoubtedly been the US Dollar rally. Beginning in April of this year, this rally ended the global synchronized growth narrative, threw the precious metals market into a tailspin, and led to debt crises in Argentina and Turkey. After a sharp initial rall… read more...

Gold Stocks Cheaper Than 2015 Bottom

via: SeekingAlpha at 2018-09-19 08:20:11:000

This is one of the most unusual and interesting Gold ( GLD ) markets that I can remember in well over a decade for a number of reasons. In January, the Trump administration began imposing tariffs on various products and countries that intensified a trade war. On July 6 th when the U.S. im… read more...

Bitcoin: When Manias End

via: SeekingAlpha at 2018-09-19 05:39:15:000

As of this writing, there are 15 cryptocurrencies with market caps of over $1 billion. The largest, of course, is bitcoin, where the market cap is $112 billion. As a reference point, bitcoin had a market cap of over $300 billion at the start of the year. As I have mentioned previously in thi… read more...

I Told You Index Investors Were Smarter, 2008 Agrees

via: SeekingAlpha at 2018-09-18 20:00:40:000

We'll often hear comments such as Indexing is a good option for those that don't know what they're doing or don't want to put in the time to best manage their own portfolio. Ahhh, I just love comedy. This from those that typically underachieve those that 'don't know what they'… read more...

3 Reasons Inflation Is Set To Jump Much Higher By Q1 2019

via: SeekingAlpha at 2018-09-18 14:49:13:000

The monthly Consumer Price Index came out rather flat last week, up only 2.7% in August versus 2.9% in July. So is price inflation under control? Hardly. This looks to be the tail end of CPI price inflation below the 3% mark. Were likely going to break through 3% by Q1 2019. Remember… read more...

Gold At Critical Level, Is It A Break Or A Bounce?

via: SeekingAlpha at 2018-09-18 13:58:27:000

In my last article , I was bearish on Gold ( GDX , ASA ) as I expected it to have a sharp descent. This came true as the yellow metal last week fell till the $1,176 mark. After reaching this level, the bulls tried to recoup some of the losses made, which resulted in the commodity closi… read more...

Gold Weekly: Bulls Catch A Break

via: SeekingAlpha at 2018-09-18 12:56:10:000

Introduction Welcome to my Gold Weekly. In this report, I wish to discuss mainly my views about the gold market through the GraniteShares Gold Trust ETF (NYSEARCA: BAR ). To do so, I analyse the recent changes in speculative positions on the Comex (based on the CFTC ) and ETF holding… read more...

Dubious Prophecies And Perverse Incentives - Precious Metals Supply And Demand

via: SeekingAlpha at 2018-09-18 06:33:59:000

Suspect Predictions, Ill Wishes And Worthwhile Targets Of Scorn This price of gold fell three bucks, and the price of silver fell ten cents last week. Perhaps because of the ongoing $150 price drop so far since April, we saw some doozy email subjects and article headlines this week. Panic … read more...

Can Gold Regain Its Luster?

via: SeekingAlpha at 2018-09-18 05:07:22:000

The set-up to today's markets is well understood and has been widely documented. Emerging markets have grown increasingly vulnerable this year as USD financing has dried up, making it harder to roll over new debt and finance current account deficits. Meanwhile, U.S. markets have continued show… read more...

Vanguard revamp of global mining fund to trim exposure to ~25%

via: SeekingAlpha at 2018-09-17 12:58:57:000

Vanguard is set to complete the overhaul of its precious metals and mining fund this month, renaming the $2.3B, 34-year-old fund the Vanguard Global Capital Cycles Fund, following a 24% loss over the past year. More news on: SPDR Gold Trust ETF, VanEck Vectors Gold Miners ETF, Direxion D… read more...

Gold Goes Nowhere Fast

via: SeekingAlpha at 2018-09-17 06:30:00:000

Gold is a metal that is both a commodity and a financial asset. As a commodity, gold's properties make it an excellent conductor of electricity, and its other characteristics are suitable for a myriad of industrial applications. Gold's ornamental attraction results in lots of fabricated demand… read more...

This Week In Money - September 15, 2018

via: SeekingAlpha at 2018-09-17 04:33:24:000

Ross Clark - Transports are leading the Industrials, predicting future market action. Eric Hadik - Gold and gold stocks, oil, Dow. Robert Campbell - Real estate, debt, US dollar. Larry Reaugh President and CEO of American Manganese Inc. (AMYZF) on company showcase - CE… read more...

Reasons To Be Optimistic About The Precious Metals Sector

via: SeekingAlpha at 2018-09-17 03:43:10:000

The September 7th COT report is probably the most bullish I've seen since the beginning of my involvement in the precious metals sector in 2001. As most of you probably know by now, the "commercial" trader category is now net long both gold and silver for the first time going back to at least … read more...

Another $200 Billion In Tariffs Looks More Likely Than Not

via: SeekingAlpha at 2018-09-17 03:18:34:000

By Stephen Innes Happy to hear that markets in Hong Kong are expected to start trading on Monday after Mangkhut roared through the City. But more significantly friends and colleagues are all safe! Now for the nuts and bolts As many had suspected, despite Treasury Secretary Mnuchin'… read more...

U.S. Dollar Rally Weakens Gold Price Outlook

via: SeekingAlpha at 2018-09-16 11:10:39:000

Trading commodities can be very lucrative and very costly if you miss the timing. For most of 2018 I have watched people recommend gold as an investment. It sounds good, doesnt it? Gold is only supposed to appreciate over time, and if you just hang on long enough it will pay off. Gold … read more...

Gold And Commodities Show Potential Bottoms While The Dollar Tops Out

via: SeekingAlpha at 2018-09-16 10:00:00:000

Here are the daily charts and key levels for the gold, commodities and dollar exchange-traded funds. The gold trust ETF tracks the spot price of gold and is said to be backed by gold bars in vaults in London. SPDR Gold Trust (NYSEARCA: GLD ) Courtesy of MetaStock Xenith The Go… read more...

Silver's Relationship With Gold Reaching Historical Extremes

via: SeekingAlpha at 2018-09-15 11:52:33:000

Welcome to this week's Market Wrap Podcast , I'm Mike Gleason. Coming up we'll hear from Axel Merk of Merk Investments. Axel reveals the one big mistake many investors are making in not rebalancing their portfolios right now, and he explains why he still sees gold as an important asset to o… read more...

Examining Crowded Positioning In Precious Metals And Currencies

via: SeekingAlpha at 2018-09-15 06:54:01:000

Note: My approach for analyzing CoT data to reveal how different types of traders are positioned in the futures markets is outlined here . If you missed it, give the article a read to see the method behind my analysis. All data and images in this article come from my free website . Al… read more...

Federal Debt Spiral: SchiffGold Friday Gold Wrap 09.14.18

via: SeekingAlpha at 2018-09-15 02:25:57:000

By SchiffGold The SchiffGold Friday Gold Wrap podcast combines a succinct summary of the week's precious metals news coupled with thoughtful analysis. The swamp is more expensive than ever! The U.S. government set a monthly spending record in August. The Treasury also borrowed mor… read more...

Another Gold Inflection Point Is Here

via: SeekingAlpha at 2018-09-14 16:22:30:000

The wait for a meaningful rally in the gold price may soon be over. In this commentary well discuss the latest technical improvements in the precious metals arena, including the sudden liveliness displayed by the leading gold mining stocks. Ill argue that the fuse for a worthwh… read more...

Gold: Still Has It All To Do

via: SeekingAlpha at 2018-09-14 11:57:39:000

Finally, the miners ( GDX ) delivered a strong move to the upside on 12th and confirmed at least a daily swing low. The ETF bottomed at 17.42 on 12th in intra-day trading before finally ending the trading day at 18.11. The highs of the day (18.29) also broke through the index's 10-day moving a… read more...

Silver: The Ultimate Bottom

via: SeekingAlpha at 2018-09-14 01:15:54:000

Source: LiveTradingNews.com Silver: The Ultimate Bottom Silver/iShares Silver Trust ( SLV ) has been in freefall ever since prices broke down in mid-June. After the Feds decision to raise rates, and the subsequent failed breakout, prices collapsed by nearly 20% in under 3 months…. read more...

Video: Top 5 Charts Of The Week

via: SeekingAlpha at 2018-09-13 17:52:25:000

In this video we run through the free weekly email newsletter " The Top 5 Charts of the Week " and add a bit of extra comments and context. It's a useful tour across some of our latest work and thinking and just a great selection of global macro/market charts. This week: 1. Global equities… read more...

Silver: A Once-In-A-Lifetime Opportunity?

via: SeekingAlpha at 2018-09-13 08:04:09:000

Pinterest Silver ( SLV ) has sold off roughly 16% since the start of the year, making it the worst performer across the precious metals space. Source: Seeking Alpha After an encouraging performance in Q2 (-1.4% vs. gold -6%), silver has once again disappointed so far in Q3, down arou… read more...

Dual Momentum September Update

via: SeekingAlpha at 2018-09-13 06:54:52:000

Scott's Investments provides a free "Dual ETF Momentum" spreadsheet which was originally created in February 2013. The strategy was inspired by a paper written by Gary Antonacci and available on Optimal Momentum. Antonacci's book, Dual Momentum Investing: An Innovative Strategy for Higher Re… read more...

Setting Up For The Next Major Silver Bull Market

via: SeekingAlpha at 2018-09-13 06:38:36:000

While the precious metals are totally off the radar by the majority of investors, silver is setting up for one major bull market. Yes, it's hard to believe as the gold and silver prices have been trending lower while the broader markets grind up higher, but if we look at the fundamental and te… read more...

The Paper Gold Market Is Screaming 'Short Squeeze'

via: SeekingAlpha at 2018-09-13 06:15:49:000

Every once in a while, the trading action in a given market breaks through its historically normal boundaries and starts exploring new territory. This can mean one of two things: either something fundamental has changed, creating a "new normal" to which participants will have to adapt, or the … read more...

Gold Stocks Show Signs Of Life

via: SeekingAlpha at 2018-09-12 16:17:41:000

If there weren't enough hurdles in golds path, the latest rise in U.S. Treasury yields has created yet another obstacle. In todays report well examine the interest rate outlook as it pertains to golds immediate-term prospects. Ill also show that while bo… read more...

A Check-Up On Gold

via: SeekingAlpha at 2018-09-12 15:42:22:000

Gold has been under pressure since April of this year mainly as a consequence of the major currencies. Here, we check up on gold and assess its most likely path forward. Gold and silver have a strong positive correlation which rarely drops below 0.75. The last time it did this was in 2011-20… read more...

Market Volatility Bulletin: Did Global Central Bank Policy Augment Or Diminish The Widening Wealth Gap Over The Past Decade?

via: SeekingAlpha at 2018-09-12 13:19:44:000

Market Intro CNBC: 10:48 AM EST Expect the headlines to ramp up over the next couple months as a contentious midterm election period may be kicking into high gear. US equities ( SPY , DIA , QQQ , IWM ) are mostly taking things in stride; US equities are faring better than the maj… read more...

Gold Could Shine Once Liquidity Fades

via: SeekingAlpha at 2018-09-12 06:34:56:000

Strong U.S. Dollar Continues to Weigh on Gold, Emerging Markets Currencies The robust U.S. dollar has weighed on gold since May, and in August, the U.S. Dollar Index (DXY) 1 again reached new yearly highs. U.S. dollar strength was mainly due to emerging markets ((EM)) currencies that weaken… read more...

The Silver/Gold Ratio Says Lower Prices Are On The Horizon

via: SeekingAlpha at 2018-09-12 06:05:00:000

Gold and silver have a dual role in markets. Both precious metals have industrial applications because of their rare and unique physical characteristics. At the same time, they have been means of exchange or currency for thousands of years. Gold and silver predate the old testament of the Bibl… read more...

Global Precious MMI: Huge Platinum-Palladium Spread Drives Subindex's Drop

via: SeekingAlpha at 2018-09-12 05:59:11:000

Original Post By Taras Berezowsky MetalMiners Global Precious Monthly Metals Index ((MMI)) - tracking a basket of platinum, palladium, gold and silver prices in several geographies across the globe - continues its trek downward. The Global Precious MMI clocked a value of … read more...

Peter Schiff: The Latest Jobs Report Was Anything But Strong

via: SeekingAlpha at 2018-09-12 05:14:49:000

By SchiffGold The August jobs report came out last Friday. Mike Maharrey offered a little bit of analysis during the Friday Gold Wrap podcast , saying he was skeptical that the actual employment situation is as great as the mainstream seems to think. Peter Schiff offered a more in-depth b… read more...

Gold-Silver Ratio Hits 10-Year High - Precious Metals Supply And Demand

via: SeekingAlpha at 2018-09-12 05:01:30:000

Fundamental Developments The price of gold dropped five bucks, and that of silver 40 cents last week. But let's take a look at the supply and demand fundamentals of both metals. Also, we continue to follow the development in the gold-silver ratio. One can buy a lot of silver for one's gol… read more...

The Great Gold/Silver Divergence Continues

via: SeekingAlpha at 2018-09-12 04:20:33:000

The price of "poor man's gold," aka silver, traded at multi-year lows last week, dipping below $14/oz. marginally and barely closing above that key level at the end of the week. Do you know where the price of gold was the last time silver hovered around $14 in late 2015 and early 2016? Below $… read more...

Chart Of The Week: Gold Positioning - Back To Bearish

via: SeekingAlpha at 2018-09-11 11:00:40:000

Gold has taken a beating in the last couple of months, and predictably traders have jumped on the bandwagon - pushing net futures positioning to the shortest since the turn of the century. The chart of the week was one of the several charts/indicators we looked at in a report on the (beari… read more...

Gold Weekly: 'Don't Focus On Making Money, Focus On Protecting What You Have'

via: SeekingAlpha at 2018-09-11 10:38:00:000

Paul Tudor Jones, II Introduction Welcome to my Gold Weekly. In this report, I wish to discuss mainly my views about the gold market through the GraniteShares Gold Trust ETF (NYSEARCA: BAR ). To do so, I analyse the recent changes in speculative positions on the Comex (based on the… read more...

Focus On The Gold Mining Stocks

via: SeekingAlpha at 2018-09-11 09:55:02:000

The month of September has so far been a tough one for gold. The yellow metal just cant seem to catch a break as the latest headlines -- whether positive and negative -- have failed to stimulate gold demand. Golds safety component has been nullified since April as investors hav… read more...

The Case For A Benign US Dollar

via: SeekingAlpha at 2018-09-11 09:30:00:000

Introduction The trade weighted US Dollar Index (DXY) has made a remarkable advance since mid-April of about 7.4% through to peak as shown below : The DXY as the name suggests measures the value of the US Dollar relative to other currencies weighted by their importance in trade and adjuste… read more...

Platinum Fundamentals Improve, But The Price Is Not Following

via: SeekingAlpha at 2018-09-11 06:05:00:000

In the world of commodities, bull and bear markets can last a lot longer than supply and demand fundamentals dictate. Raw material prices tend to rise to levels where production increases because of the profit margin between output costs and market prices. At the same time, at higher prices de… read more...

Is Gold A Barbarous Relic?

via: SeekingAlpha at 2018-09-11 05:40:22:000

Is Gold A Barbarous Relic? Many claim that John Maynard Keynes said that gold is a barbarous relic. In reality, it was the gold standard he was referencing in his 1924 book on monetary reform. The way gold has been acting of late, many might consider it to be a barbarous relic. But let'… read more...

The Myth Of Gold-Stock Leverage

via: SeekingAlpha at 2018-09-11 01:44:16:000

Editor's note: Originally published at tsi-blog.com on September 10, 2018. A few years ago, I wrote a couple of pieces explaining why gold mining is a crappy business. The main reason is the malinvestment that periodically afflicts the industry due to the boom-bust cycle caused by mone… read more...

Gold Miners Keeping Gold Price Suppressed

via: SeekingAlpha at 2018-09-10 14:41:31:000

Gold's recent trading has been difficult for swing traders of late due to the lack of a clear trading direction from the yellow metal. We can see this in gold's recent daily cycle which has been not purposeful to sat the least. Remember gold was also in its timing band for an intermediate cycl… read more...

Inflation Has Arrived. Here's How To Profit

via: SeekingAlpha at 2018-09-10 10:32:22:000

Every inflation measurement available, whether the Atlanta Fed core sticky CPI, the Cleveland median CPI, the core CPI, the Dallas trimmed mean PCE, or the NY Fed underlying inflation gauge all show a sharp rise in inflation since late 2017. At 2.9%, and well above the Federal Reserves… read more...

The Bullish CoT Setups In Gold And Silver

via: SeekingAlpha at 2018-09-10 09:02:01:000

You may know me as the guy using weird planetary alignments while assigning proper fundamentals to the gold sector , and recently even doing the same with a somewhat subjective and philosophical view of gold as an important counterweight or insurance component to a sensible portfolio. Or yo… read more...

Is It 2008 2.0? SchiffGold Friday Gold Wrap 09.07.18

via: SeekingAlpha at 2018-09-10 04:21:01:000

By SchiffGold The SchiffGold Friday Gold Wrap podcast combines a succinct summary of the week's precious metals news coupled with thoughtful analysis. Is this 2008 2.0? Gold and silver are certainly acting a lot like they did that year. And there are some interesting parallels bet… read more...

Interesting Macro Factors That Could Fuel Long-Term Physical Gold Demand

via: SeekingAlpha at 2018-09-09 14:08:46:000

Investment Thesis We are seeing a lot of pushback from U.S. sanctions and tariffs, which fuels the search for alternatives to the U.S. Dollar dependence. There are no signs of the sanctions and tariffs to ease in the short term. We have also seen physical gold demand pick up by central ban… read more...

Gold Continues To Bottom, Commodities Stabilize As The Dollar Tops Out

via: SeekingAlpha at 2018-09-09 09:30:18:000

Here are the weekly charts and key levels for the gold, commodities and dollar exchange-traded funds. The gold trust ETF tracks the spot price of gold and is said to be backed by gold bars in vaults in London. SPDR Gold Trust (NYSEARCA: GLD ) Courtesy of MetaStock Xenith The G… read more...

Silver Commercial Traders Decide Now Is The Time To Massively Cut Short Positions

via: SeekingAlpha at 2018-09-08 15:51:36:000

The latest Commitments of Traders ((COT)) report showed a big decrease in the long position after three straight weeks of increases. Speculative shorts were not deterred as they added slightly to their own positions. The result was that the speculative net-short position regained all of its de… read more...

Record Gold/Silver Shorts

via: SeekingAlpha at 2018-09-08 02:02:02:000

Gold and silver were thrashed this past summer, relentlessly pounded to deep new lows. That has fueled extreme bearishness, with traders convinced the precious metals fundamentals are rotten. But epic all-time-record futures short selling by speculators was the real culprit. These unpr… read more...

Gold Mining Stocks Still In Weak Hands (Part 3)

via: SeekingAlpha at 2018-09-08 00:18:49:000

Preamble On days like this, I feel like a script writer for a soap opera: "Previously on Desperate Investors…", you get my drift as we recently wrote: This is a capitulation of sorts, but it may not be final at this point. The selling of this sector creates more selling ... read more...

Can China Reverse Gold's Bear Market?

via: SeekingAlpha at 2018-09-07 17:45:37:000

As emerging markets fell briefly into bear market territory on Thursday, gold investors feared that the yellow metal would sell off once again in response. The gold price held firm, however, while investors pondered the metals immediate future. In todays comments we… read more...

Worried About Downside Risk To Your Equity Portfolio? Consider A Hedge With Franco-Nevada Corp.

via: SeekingAlpha at 2018-09-07 10:21:54:000

Investing in gold remains one of the most contentious and polarizing discussions amongst investors. Not only is there much debate about what role - if any - gold should play in ones portfolio, there are also significant divergences of opinion about how to best gain exposure to it. It a… read more...

Gold Awaits The Decision On Tariffs And China's Response

via: SeekingAlpha at 2018-09-07 10:14:06:000

By David Brady, CFA Twenty-five percent tariffs on $200bln or 40% of China's exports to the U.S. are due to go into effect today or shortly thereafter. There seems little doubt that the U.S. will proceed with these tariffs: the U.S.'s trade deficit with China hit a new record high in July…. read more...

Strong wage gains in focus as bond yields rise post-jobs report

via: SeekingAlpha at 2018-09-07 08:42:28:000

August job gains of 201K topped expectations by 10K, but July's 157K was revised down to 147K, and June's was revised down by 40K to 208K. The unemployment rate held steady at 3.9% vs. expectations for a dip to 3.8%. We'll call the headline numbers a modest miss. More news on: iShare… read more...

Gold's Utility As A Portfolio Diversifier

via: SeekingAlpha at 2018-09-07 06:55:54:000

Jordan Roy-Byrne: Hello again, everyone. Welcome back to the Atlas Investor podcast with Tiho Brkan, thank you so much for tuning in today. We really appreciate it. Tiho, my friend, I want to ask how you're doing today and what will we be covering in this episode number 21? Tiho Brkan… read more...

Newmont Mining Could Be In The First Row Of A Rebound

via: SeekingAlpha at 2018-09-06 18:05:27:000

Many gold mining stocks remain under significant pressure, and I view this as a potential opportunity after the sell-off is done. Meanwhile, while the trend remains negative for the whole gold mining sector, investors have the time to look through the potential rebound candidates. I have alrea… read more...

Why Are The Banks Long Gold And Silver Futures?

via: SeekingAlpha at 2018-09-06 14:32:03:000

"The banks are very net long gold and silver futures. To the extent that banks can peer at what's going on behind the proverbial 'curtain,' they must see something that has inspired them to take long position in the precious metals." Gold is behaving the same way it was behaving in the mon… read more...

ETF Liquidations Still Weigh On Gold

via: SeekingAlpha at 2018-09-06 11:59:35:000

As the search for a bottom continues for gold, the majority of golds most salient technical factors still weigh against a price reversal in the immediate term. However, there is at least one widely watched, significant indicator which provides a hope for the gold bulls at some in the c… read more...

Sept. 4 Was Likely The Bottom For Silver, Or Close To It

via: SeekingAlpha at 2018-09-06 11:32:17:000

Long-time readers know that I am not a silver bug and I am not always bullish on silver ( SLV ) ( PSLV ). Due to silver's volatility, lack of price stability, industrial demand risk, extra supply as a by-product, and a negative long-term (150-year) price trend compared to gold - in general I u… read more...

Gold Looks Primed For A Rally - Time To Go Long SPDR Gold Trust

via: SeekingAlpha at 2018-09-06 11:19:54:000

Gold has been under tremendous selling pressure for the last four months or so. The dollar has been rallying and that has had an impact on gold. Increasing interest rates, trade tensions, emerging market fearsall of these things have contributed to stronger dollar. But the trade tensio… read more...

A Bearish Summer Ends In Gold - What Next?

via: SeekingAlpha at 2018-09-06 09:07:14:000

The summer of 2018 was a bearish period for the gold market, and it came out of the gate in September after the long holiday weekend with selling pushing the active month December futures contract on COMEX below the $1200 per ounce level once again. A stronger dollar and the prospects of two… read more...

If Printing Money Created Wealth, We'd All Quit Working

via: SeekingAlpha at 2018-09-06 08:16:41:000

Read more … read more...

3 Currencies To Watch In A Bear Market For Gold

via: SeekingAlpha at 2018-09-06 08:11:05:000

By Kathy Lien At a Glance Gold is down almost 9 percent in 2018, and these currencies are dropping with it. Traditionally, gold is supposed to perform well whenever political risks are high, trade tensions are escalated, or economic growth is threatened, but that has not been the cas… read more...

From The Amazon Bubble To The Gold Mining Bust

via: SeekingAlpha at 2018-09-06 07:59:00:000

The trillion-dollar "mostly empty box" Earlier in the week, Amazon.com, Inc. (NASDAQ:AMZN) grabbed headlines again. That's as it temporarily passed the magic market capitalisation figure of US$1 trillion - the second company to do so. It has since dropped back a little, to "just" US$979 … read more...

What Turkey Can Teach Us About Gold

via: SeekingAlpha at 2018-09-06 06:19:55:000

What Turkey Can Teach Us About Gold If you were contemplating an investment at the beginning of 2014, which of the two assets graphed below would you prefer to own? Data Courtesy: Bloomberg In the traditional and logical way of thinking about investing, the asset that appreciates mor… read more...

Market Volatility Bulletin: International Markets See Increased Volatility, But Do U.S. Equities Really Care?

via: SeekingAlpha at 2018-09-05 14:28:34:000

Market Intro CNBC: 1:45PM EST US stocks ( SPY , DIA , QQQ , IWM ) are on the back foot for a second day, arguably following international equities ( ACWX ) lower. Spot VIX hit a high of 14.3 before regrouping to a mid-thirteen level. In comparison to the majority of the calendar y… read more...

Are Gold Miners Prompting A Bear Market?

via: SeekingAlpha at 2018-09-05 13:51:56:000

The rally out of gold's intermediate low, which we assume was the 16th of August last, has been quite weak. Gold managed to surpass $1,220 an ounce on the 27th of August last, but has now come back down to the $1,190 level. Although the yellow metal is still well above its August lows, the min… read more...

From Pseudo-Barbell To Beating The 60/40: Asset Class Allocation

via: SeekingAlpha at 2018-09-05 10:16:47:000

Introduction As a scientist, I view money management and portfolio construction from the same perspective that many "quants" do in that it's all about the numbers. Take the 60% stocks/40% bonds example from 1975 to today: The data doesn't lie: growing $10,000 to nearly $600,000 (CAGR = 10… read more...

Is Rob McEwen Right About The Precious Metals Market?

via: SeekingAlpha at 2018-09-05 09:10:44:000

I was wrong. In my previous article about the precious metals market, I made the following conclusion: In my opinion, now gold and silver are sending very strong, medium and long-term BUY signals. Money managers trading gold/silver futures are very bearish about precious metals a… read more...

Gold-Silver Ratio Message - Precious Metals Supply And Demand

via: SeekingAlpha at 2018-09-05 08:28:08:000

Fundamental Developments Last week, the price of gold fell three bucks and that of silver fell a quarter of a buck. But let us take a look at the supply and demand fundamentals of both metals. Also, we have an interesting development in the gold-silver ratio, a topic we have not addressed in… read more...

My Theory About Gold And Silver For Long-Term Investors

via: SeekingAlpha at 2018-09-05 07:50:55:000

Why are these trends so long and so big - both, up and down? My early experience with silver gave rise to decades of observations that have formed my theory about the price cycles of gold and silver versus the US dollar. My first big loss - "big" only in percentage terms, since I was just st… read more...

Momentum Portfolio September Update

via: SeekingAlpha at 2018-09-05 06:51:18:000

In 2011, Scott's Investments began tracking a momentum portfolio which ranks a basket of ETFs based on price momentum and volatility. In 2014, I also introduced a pure momentum system, which ranked the same basket of ETFs based solely on price momentum. Both strategies have undergone minor rev… read more...

Gold Looking Like 'Dead Money,' Says Louise Yamada

via: SeekingAlpha at 2018-09-05 05:28:03:000

By FS Staff The following is a summary of our interview with Louise Yamada of LY Advisors, which can be listened to on our site here or on iTunes here . Global slowdown concerns are picking up, says Yamada, and the nearly four-decade downtrend in falling interest rates is at an en… read more...

Global Allocation Fund August 2018 Commentary - 'Value Funds' Are Collapsing As S&P FCF Hits 35X

via: SeekingAlpha at 2018-09-05 05:18:47:000

Original Post By Jacob Wolinsky Global Allocation Fund commentary for the month ended August 2018, discussing the markets reaching new maximums. We started the month of August a little nervous, led by emerging markets, firstly Turkey, which is facing some sanctions due to several d… read more...

Gold And Silver Are Acting Like It's 2008. They May Be Right

via: SeekingAlpha at 2018-09-05 05:18:39:000

2008 has special significance for gold bugs, both because of the money they lost in August of the year and the money they made in the half-decade that followed. Today's world is beginning to feel eerily similar. Let's start with a little background. The mid-2000s' economy boomed in part beca… read more...

The Next Economic Collapse Could Start In Fall 2018

via: SeekingAlpha at 2018-09-04 14:14:55:000

SBTV speaks with Michael Pento of Pento Portfolio Strategies about the possibility of an economic collapse happening as early as Fall 2018. In this interview, Michael shares the rationale for his forecast and why gold and silver are the assets to accumulate now. He sees Fed rate hikes comi… read more...

Gold Will Remain Under Pressure

via: SeekingAlpha at 2018-09-04 14:13:17:000

Only hours left before prices increase on our Marketplace service Away From the Herd . Past behavior is all we have when evaluating the most probable future of the gold market. In this piece, we look at the long-term technical picture and the driving forces that currencies exert on … read more...

Treasury yields gain as ISM surges to 14-year high

via: SeekingAlpha at 2018-09-04 10:14:28:000

The August ISM Manufacturing Index zoomed to 61.3 from 58.1 the previous month. Expectations were for a slight dip to 57.7. The gauge hasn't printed this high since May 2004. More news on: iShares 20+ Year Treasury Bond ETF, ProShares UltraShort 20+ Year Treasury ETF, Invesco DB USD Bull… read more...

Sentiment Speaks: Why Would You Even Think About Buying Gold?

via: SeekingAlpha at 2018-09-04 08:00:00:000

Gold is a relic of the past. There is no interest from the millennials for gold. The cryptocurrencies are taking demand away from gold. Central banks have been selling gold over the last few years. Interest rates do not support a rally in gold. Gold funds have been closing of late, which evide… read more...

Gold And Silver Are Set Up To Soar

via: SeekingAlpha at 2018-09-04 04:41:51:000

Per the latest COT report (note: this references the August 21 st COT Report), the hedge fund (Managed Money) net short position in Comex paper gold was 90,000 contracts - by far a record short position for the hedge fund trader category. Conversely, the bank net long position (Swap Dealers) … read more...

The Summer Of Discontent Comes To An End In Commodities

via: SeekingAlpha at 2018-09-03 06:45:00:000

The summer season of 2018 will come to an official end after the Labor Day holiday weekend next week. The summer is often a time of the year when markets quiet down and volatility contracts. However, the summer of 2018 has been a period of torture for anyone with a bullish outlook for commodit… read more...

U.S. Dollar: Big Test Ahead In September

via: SeekingAlpha at 2018-09-03 06:34:28:000

The precious metals complex last week was not able to add to the gains of the previous week. Silver especially is very close to its August lows, so traders should not be surprised if the white metal registers a lower low this week. Furthermore, the mining complex ( GDX ) has been in a steep do… read more...

Silver Needs A Boost Of Energy

via: SeekingAlpha at 2018-09-03 06:30:00:000

August has been a rough month for the precious metals sector of the commodities market. The two worst performers have been platinum, which dropped to a decade and a half low, and silver which declined to its lowest level since 2016. The combination of a rising dollar and the prospects for in… read more...

Tracking John Paulson's Paulson & Company Portfolio - Q2 2018 Update

via: SeekingAlpha at 2018-09-02 14:57:04:000

This article is part of a series that provides an ongoing analysis of the changes made to John Paulsons 13F stock portfolio on a quarterly basis. It is based on Paulsons regulatory 13F Form filed on 08/14/2018. Please visit our Tracking John Paulsons Paulson & Co… read more...

Leveraged ETF Decays - Update

via: SeekingAlpha at 2018-09-02 13:38:47:000

I measure once a month the decay of major leveraged ETFs. It may be useful for anyone using leveraged ETFs for investing, trading or hedging. Where does the decay come from? Most of the time, a leveraged ETF does worse than the underlying asset leveraged by the same factor. This relative… read more...

Gold Is The Sun And An Anchor

via: SeekingAlpha at 2018-09-02 11:16:49:000

The Gold as Inflation Hedge Canard On the one hand, you have the sons of Harvey & Erb, who called gold to $800 an ounce and caused a stir in the gold community. Per Campbell Harvey, in this video with Kitcos Daniela Cambone: Gold is just too volatile&#x2… read more...

Trump Hopes To Boost 401(K)s As Inflation Saps Away Savings

via: SeekingAlpha at 2018-09-02 08:57:19:000

Welcome to this week's Market Wrap Podcast , I'm Mike Gleason. Coming up David Morgan of The Morgan Report joins me to talk about what the coming months are likely to have in store for the metals and the markets, tells us how the smart money has already exited stocks and shares his secret… read more...

This Week In Money - September 1, 2018

via: SeekingAlpha at 2018-09-02 01:21:21:000

Ross Clark - Canadian Dollar, NAFTA, Oil. Wolf Richter - Automotive Sector, Subprime Loans, Real Estate. Ed Steer - Gold, Silver, Gold Anti-Trust Action Committee. Larry Reaugh - President & CEO of American Manganese Inc. Jim Pettit - President & CEO of Ab… read more...

'Don't Believe The Statistics' - Eric Sprott On The Metrics That Matter (Weekly Wrap-Up, Aug. 31, 2018)

via: SeekingAlpha at 2018-09-01 02:13:32:000

By Craig Hemke Labor Day is upon us, and the long U.S. holiday weekend marks the traditional end of summer. Before you start your celebrations, check in with the latest edition of the Weekly Wrap-Up, where you'll hear: What's driving the coming rally Eric's forecast for the U.S. doll… read more...

Trade Wars! SchiffGold Friday Gold Wrap 08.31.18

via: SeekingAlpha at 2018-09-01 01:54:24:000

By SchiffGold The SchiffGold Friday Gold Wrap podcast combines a succinct summary of the week's precious metals news coupled with thoughtful analysis. There's been some progress toward a new NAFTA deal, but the trade war with China rages on. Meanwhile, the EU called Trump's bluff on… read more...

U.S. Weekly FundFlows Insight Report: Fund Investors Go Risk On During The Week

via: SeekingAlpha at 2018-08-31 11:37:00:000

For the second week in three investors were net redeemers of fund assets (including those of conventional funds and ETFs), withdrawing $2.0 billion for Lipper's fund-flows week ended August 29, 2018. However, fund investors continued to pad the coffers of equity funds (+$2.0 billion), fixed in… read more...

Gold: Bearish Sentiment Yet Bullish Fundamentals

via: SeekingAlpha at 2018-08-31 08:34:56:000

The valuation of stocks, precious metals and other asset classes is based on two things: sentiment and fundamentals. Sentiment drives short-term price fluctuations, but fundamentals rule in the long-term and ultimately determine the fair value of an investment. Ignoring sentiment can result … read more...

The Dollar, Commodities And Inflation

via: SeekingAlpha at 2018-08-31 05:59:25:000

We appear to be at a turning point not only for the dollar, but for all commodity markets, including precious metals, as well. The dollar has yet to reflect properly the enormous monetary expansion of recent years, and commodities will be corralled into supplying China's Asian reformation. Ta… read more...

Gold's longest monthly losing streak since 2013

via: SeekingAlpha at 2018-08-31 05:41:52:000

Gold rose overnight as investors hedged against risks stemming from ongoing trade tensions, with $1,200 acting as a strong support, but the bullion was headed for its fifth straight monthly decline. That's the longest monthly losing streak since 2013. More news on: SPDR Gold Trust ETF, i… read more...

Peter Schiff: Traders Are Beginning To See The Writing On The Wall

via: SeekingAlpha at 2018-08-31 04:25:25:000

By SchiffGold The US stock markets had another big day Wednesday with a number of indexes, including the Nasdaq and the S&P 500, in record territory. So, what's with the recent move up in US stock markets? Donald Trump and a lot of Republicans have been taking credit for it, saying t… read more...

Gold Bulls Finally Have An Advantage

via: SeekingAlpha at 2018-08-30 14:44:45:000

As the gold price hit its highest level since Aug. 10 on Wednesday, investors are weighing the prospects for the metals first meaningful rally since January. As well discuss in todays comments, its still too early to assume with certitude a bullish resolution to… read more...

Emerging Markets: A Brief Safe Haven Revival

via: SeekingAlpha at 2018-08-30 13:04:17:000

Editor's note: Seeking Alpha is proud to welcome FX Guy as a new contributor. It's easy to become a Seeking Alpha contributor and earn money for your best investment ideas. Active contributors also get free access to the SA PRO archive. Click here to find out more At the beginning o… read more...

Gold's Fundamental Price In Big Move As Scarcity Increases - Precious Metals Supply And Demand

via: SeekingAlpha at 2018-08-30 06:35:47:000

Fundamental Developments While the price of gold was up $19 last week, the price of silver was unchanged. Of course, we are not going to bias our discussions of the fundamentals, based on bearish or bullish theory. This week it turned out that the lighthouse is actually more solid than … read more...

Long Term, Stocks And Gold Beat Stocks And Bonds

via: SeekingAlpha at 2018-08-30 05:19:06:000

Chen Lin and Michael Oliver return as guests on the radio program. Chen who has a legendary investing track record shares some of his latest biotech ideas and Michael provides his latest insights into gold and other key markets. Chen Lin , had been a doctoral candidate in ae… read more...

Why Everybody Should Own Physical Gold

via: SeekingAlpha at 2018-08-29 21:20:07:000

In the first few months of 2018 (especially in April), it seemed to be only a matter of days before gold (NYSEARCA: GLD ) would break out over its $1350 resistance level and quickly rise to higher levels. But the hope of the gold bulls was a little premature, and the precious metal has instea… read more...

Gold: So Close, Yet So Far

via: SeekingAlpha at 2018-08-29 13:19:06:000

The gold price made an all-too-familiar U-turn on Tuesday after an impressive rally the previous two days. Gold was unsettled by recent headline developments, causing the bulls to quickly lose heart as sellers forced the yellow metal below its pivotal breakout level from last week. In today&#x… read more...

Brien Lundin: Why The Gold Market Looks Poised For Reversal

via: SeekingAlpha at 2018-08-29 09:44:03:000

This week, we welcome back to the podcast Brien Lundin, publisher of Gold Newsletter and producer of the New Orleans Investment Conference (Nov. 1-4, 2018). FYI: both Chris and I will be speaking there again this year. Brien predicts that the brutal period for precious metals may soon be ove… read more...

Did Gold Find A Bottom?

via: SeekingAlpha at 2018-08-29 06:16:00:000

On April 11, the price of gold hit a high of $1365.40 per ounce for the second time in 2018. In late January, gold reached the same peak. The double top in the gold market turned out to be a bearish omen, and the price fell for fourteen out of the next nineteen weeks reaching a low of $1161.40… read more...

Silver Price Forecast 2019/2018: These Indicators Are Predicting New All-Time High Silver Prices

via: SeekingAlpha at 2018-08-29 04:40:13:000

The Dow/Gold ratio is a very reliable measure for where we are on the long-term economic timetable. It allows for an accurate reading of key economic conditions that are present at a particular period of time. With regard to silver, the period after a Dow/Gold peak is generally great conditi… read more...

Gold Miners: Strong Rally Due

via: SeekingAlpha at 2018-08-28 23:13:38:000

Yesterday, we penned a piece on Newmont Mining (NEM). It was suggested that if we felt bullish on the mining complex, we could have gone long the popular ETFs in this sector such as GDX or GDXJ . This is true in one sense, as ETFs are far more diversified and don't carry any company risk. S… read more...

Market Volatility Bulletin: Tons Of Roll Yield Makes Long-Vol A Play Of Conviction Here

via: SeekingAlpha at 2018-08-28 15:59:42:000

Market Intro CNBC: 2:58 EST With less than an hour left in Tuesday trade, US investors ( SPY , DIA , QQQ , IWM ) have failed to move the needle much for either the indexes or the underlying sectors. Real estate ( XLRE ) got a nice boost, but the sector makes up only a small portion … read more...

GLD: 'It's Not Whether You're Right Or Wrong That's Important'

via: SeekingAlpha at 2018-08-28 12:21:08:000

Source: Pinterest GLD sell-off driven by monster dollar rally The SPDR Gold Shares ( GLD ) tumbled to its lowest since January 2017 at $111.06 on August 15. Source: Seeking Alpha The sharp sell-off in GLD since April has been chiefly driven by a marked deterioration in the macro envi… read more...

WTF Just Happened? Gold And Silver Set Up To Soar

via: SeekingAlpha at 2018-08-27 08:52:54:000

According to the latest Commitments of Traders Report released Friday, which accounts for Comex trader positioning through Tuesday, August 21, the hedge fund net short position in Comex paper gold futures soared to an all-time high of 89,972 contracts. This represents nearly 9 million ounces o… read more...

Are Silver Shorts Feeling A Little Squeezed?

via: SeekingAlpha at 2018-08-27 08:50:56:000

The Variable Changing Price Momentum Indicator Early Bird Weekend Update for August 24, 2018 covers gold, silver, crude, soybeans, wheat, E-mini S&P and Bitcoin. Gold Gold last traded at $1,210.40. It just completed the sell 2 (S2) level of $1,209 overnight. The average price of $1,196… read more...

Friday's Upside Move In Gold Likely Unsustainable

via: SeekingAlpha at 2018-08-27 08:05:52:000

Gold's rally Friday was way overdone. Jerome Powell specifically said the current plan is to continue to raise rates over the next several quarters and near-term economic overheating is unlikely. Last week's move in gold will likely be corrected early next week. It looks unlikely the $200 bill… read more...

The Gold ETF Remains 'Too Cheap To Ignore,' Commodities Stabilize And The Dollar Slips

via: SeekingAlpha at 2018-08-27 07:23:41:000

Here are the daily charts and key levels for the gold, commodities and dollar exchange-traded funds. The Gold Trust ETF tracks the spot price of gold and is said to be backed by gold bars in vaults in London. SPDR Gold Trust (NYSEARCA: GLD ) Courtesy of MetaStock Xenith The Go… read more...

After A Tumultuous Week In Gold, Some Think The Worst Is Over

via: SeekingAlpha at 2018-08-27 06:59:51:000

The latest Commitment of Traders ((COT)) report showed a slowdown in the short assault on the gold and silver price, but despite that, it continued the record run of an increasing net speculative short position. For the second week in a row, speculative longs and shorts both increased their po… read more...

Gold At The Crossroads

via: SeekingAlpha at 2018-08-27 06:14:03:000

Editor's note: Originally published at tsi-blog.com on August 27, 2018. [This post is a modified excerpt from a TSI commentary published last month.] Although I'm not in total agreement with it, I can highly recommend Erik Norland's article titled " Gold: At the Crossroads of Fiscal … read more...

Extreme Sentiment On Both Gold And The U.S. Dollar, Is It Justified?

via: SeekingAlpha at 2018-08-26 13:44:17:000

Investment Thesis I have written about the sentiment in gold ( GLD ) ( IAU ) ( PHYS ) before; the sentiment continues to climb to new extremes. We are also seeing long speculative positioning in the U.S. Dollar. I would argue this is not supported by fundamentals, but the big question is whe… read more...

Gold Shorts Cover On Trade, EM Risk, And J-Hole Chatter

via: SeekingAlpha at 2018-08-26 13:31:21:000

Editor's note: Seeking Alpha is proud to welcome The Opportunistic Trader as a new contributor. It's easy to become a Seeking Alpha contributor and earn money for your best investment ideas. Active contributors also get free access to the SA PRO archive. Click here to find out more … read more...

Gold And Silver Attempt Rebound On Dollar Weakness

via: SeekingAlpha at 2018-08-26 10:44:21:000

Pento: Trade War to Continue, Global Debt Default & Higher Interest Rates Unavoidable Don't want to listen? Read the podcast below! Welcome to this week's Market Wrap Podcast, I'm Mike Gleason. Coming up we'll hear from Michael Pento of Pento Portfolio Strategies and author … read more...

Sentiment Speaks: Is The Low In For Gold Yet?

via: SeekingAlpha at 2018-08-26 08:01:00:000

For those that follow me regularly, you will know that I have been tracking a set-up for the SPDR Gold Trust ETF (NYSEARCA: GLD ), which I analyze as a proxy for the gold market. I also believe that gold can outperform the general equity market once we confirm a long-term break out has begun. … read more...

The $64,000 Question: SchiffGold Friday Gold Wrap 08.24.18

via: SeekingAlpha at 2018-08-26 05:12:43:000

By SchiffGold The SchiffGold Friday Gold Wrap podcast combines a succinct summary of the week's precious metals news coupled with thoughtful analysis. In this episode, host Mike Maharrey ponders the $64,000 question. How long with the Fed keep pushing up interest rates? He also talk… read more...

Gold Price Framework Vol. 2: The Energy Side Of The Equation - Part III

via: SeekingAlpha at 2018-08-25 04:21:58:000

In the third part of this report, we are putting our gold price framework to use. Having identified longer-dated energy prices and real-interest rate expectations as the main drivers for gold prices, we conclude that both drivers are near the bottom of their respective cycles, implying little … read more...

Market Volatility Bulletin: VVIX And VIX Fall In Concert, While U.S. Stocks Stretch Into New Territory

via: SeekingAlpha at 2018-08-25 02:07:16:000

Market Intro CNBC: Friday Close The S&P 500 ( SPY ) and NASDAQ 100 ( QQQ ) closed at new all-time highs in Friday's session, perhaps with encouragement from Fed Chair Powell announcing "future, gradual rate hikes". Spot VIX closed just a hair below 12. Sector SPDR: Five-day sect… read more...

Precious Metals - The War Goes On

via: SeekingAlpha at 2018-08-24 15:09:34:000

In the previous article of this series, we discussed how de-trending the long-term silver chart can help in identifying cycles as price gets separated from the underlying trend. Furthermore, we saw that many times cycles can bottom at different times to price which could mean we have already… read more...

Hold Your Breath, Gold Bulls

via: SeekingAlpha at 2018-08-24 13:12:18:000

The battle for control of golds immediate trend continues as currency traders and bullion investors alike focus on a key level in the U.S. dollar index. In todays comments well discuss the improving odds for a gold turnaround in the immediate-term in light of the latest… read more...

Money For Nothing: When Fiscal And Monetary Policy (Didn't) Fail Simultaneously (Part III)

via: SeekingAlpha at 2018-08-24 11:40:55:000

Apollo 13 Crew Returns Safely After Accident in Space (1970) ( Source ) In 1970, an accident on the Apollo 13 spacecraft left three astronauts (Jim Lovell, Jack Swigert, and Fred Haise) in an extremely dangerous situation. They had lost their fuel cells and oxygen supply on the command m… read more...

Gold: A Captive Of Currencies, And Rates

via: SeekingAlpha at 2018-08-24 09:04:40:000

Gold, normally has a strong negative correlation to the dollar and, lately, its downward trajectory can be linked to other currencies as well. Part of what moves currencies, is interest rates, so in this piece, we will compare gold's price action against several currencies and against inte… read more...

The Demise Of Physical Gold Ownership

via: SeekingAlpha at 2018-08-24 07:21:48:000

In this episode (aired on 8/12/18), host Ron DeLegge explains why physical gold ownership is in a secular decline and better methods for obtaining exposure to precious metals. Plus, Ron answers a listener question about technology ETFs and compares [[XLK]] vs. [[TECL]] to see which one is the … read more...

Has Gold Lost Its Safe-Haven Status?

via: SeekingAlpha at 2018-08-24 05:32:11:000

By Jim Iuorio At a Glance Historically, we have seen aggressive buying of four assets during moments of market panic: the U.S. dollar, U.S. treasuries, Japanese yen and gold. There are three primary factors that have resulted in gold's plunge Before we pull back the layers o… read more...

If You Want To Buy Gold, Watch The Fed

via: SeekingAlpha at 2018-08-23 16:12:24:000

If You Want To Buy Gold, Watch The Fed Almost four months ago, I penned a note to subscribers of EPB Macro Research that said I was cutting my exposure to gold to the minimum allowable exposure for the model portfolio strategy. The reason I reduced the position in gold was that… read more...

Sprott Gold Report: Summer Test - Trey Reik (22/08/2018)

via: SeekingAlpha at 2018-08-23 07:26:19:000

By Trey Reik Gold is never easy. So many factors influence the gold price, it is impossible to predict bullion's short-term reactions to individual economic or geopolitical developments. To us at Sprott, gold's portfolio utility is shaped by long-term fundamentals and epic structural imb… read more...

The Fundamental Case For Owning Gold Today

via: SeekingAlpha at 2018-08-23 04:22:35:000

Recently, my friend Ben Hunt pointed out that gold is really more a hedge against a central bank mistake than a hedge against geopolitical upheaval. I agree, but I believe gold is an effective hedge against a fiscal mistake as well. In other words, when the government gets very aggressive … read more...

Looking For The First Cockroach To Appear

via: SeekingAlpha at 2018-08-23 02:44:05:000

Dan Oliver and Michael Oliver return as guests on this week's radio show. Dan Oliver, who replaced Dr. Benjamin Wiker whose illness precluded him from joining the show, discusses the emergence of stresses and strains in Turkey and other emerging markets that suggests we're nearing the ne… read more...

Gold Weekly: How To Play The Market This Summer?

via: SeekingAlpha at 2018-08-22 09:29:30:000

In the Bahamas Introduction Welcome to my Gold Weekly. In this report, I wish to discuss mainly my views about the gold market through the GraniteShares Gold Trust ETF ( BAR ). To do so, I analyse the recent changes in speculative positions on the Comex (based on the CFTC ) … read more...

Gold: Waiting For A Reflexivity Trigger

via: SeekingAlpha at 2018-08-22 09:15:00:000

Gold ( GLD ) demand weakened in the first half of 2018 against a constant supply of the precious metal. Demand is back to 2010 levels, and its not clear when it will increase. Ive collected data from the World Gold Council to highlight how recent demand weakness has created a m… read more...

Newmont Mining: How To Buy Gold At A Deeper Discount

via: SeekingAlpha at 2018-08-22 09:08:00:000

Source By most accounts, the precious metals market has been a very difficult space to traverse in 2018. The SPDR Gold Trust ETF ( GLD ) is trading lower by 8.94% year-to-date, and the ETF is holding 13% below its 52-week high. Economic turmoil in Turkey does not seem to be helping much, a… read more...

Do Robot Traders Dream Of Fleeced Investor Sheep?

via: SeekingAlpha at 2018-08-22 05:28:03:000

Read more … read more...

Submerged Lighthouse Syndrome - Precious Metals Supply And Demand

via: SeekingAlpha at 2018-08-22 03:16:41:000

Fundamental Developments - The Gap Keeps Widening Last week, the lighthouse went down 24 meters (gold went down $24), or 50 inches (if you prefer, silver went down 50 cents). However, let's take a look at the only true picture of supply and demand. Are the fundamentals dropping with the ma… read more...

Platinum Group Metals Have A Mind Of Their Own

via: SeekingAlpha at 2018-08-21 15:27:25:000

The platinum group metals are a tale of three markets. Platinum, the rarest metal with the highest production cost where primary production comes almost entirely from South Africa is trading at its lowest price level in a decade. Palladium, which is a metal that is required by the automotive i… read more...

What's Gold Up To Next?

via: SeekingAlpha at 2018-08-21 09:02:14:000

The pain continued for precious metal investors this week. As tempting as it may be to hide our heads in sand, this won't be our best interests in the long run. Let us resist this urge and instead examine the facts as they appear in front of us. This examination will better prepare for the nex… read more...

Metals rally as Trump remarks weigh on dollar

via: SeekingAlpha at 2018-08-21 05:42:25:000

U.S. gold futures climbed above $1,200 an ounce overnight on the back of a weaker dollar, after President Trump said he was "not thrilled" with Fed Chair Jerome Powell for raising interest rates. More news on: SPDR Gold Trust ETF, iShares Gold Trust ETF, Invesco DB USD Bull ETF, News on … read more...

Rolling Puts In Precious Metals

via: SeekingAlpha at 2018-08-21 05:19:36:000

Video Transcript Good afternoon. This is James Cordier of OptionSellers.com with a market update for August 20th. Today, I thought what we would do is go over our positions in our investment accounts. Looking into the grain market, I think we're positioned extremely well right there. … read more...

What's Behind Gold's Dip To $1,160?

via: SeekingAlpha at 2018-08-21 05:14:29:000

Last Wednesday, gold hit $1160.06 per ounce on the heels of fresh 52-week high for the U.S. Dollar Index and a rout in emerging markets currencies, particularly the Turkish lira. I do not believe that the rout in emerging markets currencies is over, and I do not believe that the rally in the d… read more...

Bespoke Asset Class Performance Matrix

via: SeekingAlpha at 2018-08-21 04:48:39:000

Below is our total return ETF matrix highlighting the performance of various asset classes from the perspective of a US investor. With a solid end to the week on Friday, US equities finished the week with across-the-board gains, as all of the major averages, with the exception of the tech-he… read more...

CFTC Data Shows Gold Speculators Net Short For First Time Since 2001

via: SeekingAlpha at 2018-08-21 03:54:54:000

The gold price sank to a new 2018 low around $1,165 per ounce this past week. This is the lowest level since January of 2017 and there has been only one other dip in late 2015 that was lower. Other than these points, you have to go back to 2010 to find the gold price at such low levels. Part o… read more...

Metals Market Gets Smashed: Is The Bull Market Since 2015 Still Intact?

via: SeekingAlpha at 2018-08-21 02:45:53:000

Dr. Engelhardt: Economy Beholden to Fed Interest Rate Policy; Here's One Way Gold Could Reach $14,000+.. . Welcome to this week's Market Wrap Podcast, I'm Mike Gleason. Coming up we'll hear from Dr. Lucas Engelhardt, associate professor of economics at Kent State University and well-kno… read more...

Silver Continues To Melt

via: SeekingAlpha at 2018-08-20 15:44:13:000

Silver tends to be the most volatile precious metal because of its per ounce price and the speculative nature of the metal. The fact that silver typically moves the most on a percentage basis offers speculators opportunities. While silver tends to move with the price of gold, hordes of trend-f… read more...

Sprott: A Better Way To Play A Turnaround In The Precious Metals Market

via: SeekingAlpha at 2018-08-20 15:32:13:000

Investment Thesis All-time low sentiment in the precious metals market could be a great opportunity to position oneself for a turnaround. However, the sentiment also has the potential to continue to drive the precious metals market down in the short term. Sprott (SPOXF) is a great way to pla… read more...

With Silver At Lows, What Lies Next?

via: SeekingAlpha at 2018-08-20 15:17:04:000

Over the past five years, gold and silver have both been trending lower, with silver seeing a relatively larger drop: Source: investing.com The current sentiment on silver is quite bearish . Given the low prices of silver, this implies that mining for the metal is likely to be unprofita… read more...

The Golden Drift

via: SeekingAlpha at 2018-08-20 14:30:41:000

The price action in the gold market has been ugly. Gold reached a low of $1,046.20 on December 2015, and the yellow metal made a series of higher lows until July 2018. After reaching a high of $1,377.50 per ounce in July 2016 in the aftermath of Brexit, the yellow metal failed to move to a hig… read more...

Gold, Silver And SOYB: Significant Profit Potential!

via: SeekingAlpha at 2018-08-20 14:13:53:000

In an interview today with Equity Management Academy CEO, Patrick MontesDeOca, we talked about the accuracy of our 2017 yearly report we published on Seeking Alpha for gold, and the significant profit potential weve identified right now in the gold, silver and soybean markets. Oc… read more...

Sentiment Pitfalls, The Gold Edition

via: SeekingAlpha at 2018-08-20 13:55:55:000

Editor's note: Originally published at tsi-blog.com on August 20, 2018. In a couple of blog posts last year , I discussed the limitations of sentiment as a market timing tool. With the most reliable sentiment indicators now revealing extreme negativity towards gold, it's timely to revis… read more...

Speculative Position Adjustments Include The First Net Short Euro Position In Over A Year

via: SeekingAlpha at 2018-08-20 12:05:49:000

There were several adjustments in speculative positioning in the futures market that we want to bring to your attention. In the currency futures, speculators are now net short euros for the first time since May 2017. At a little less than 1.8k contracts, the net short position is not par… read more...

$700 Gold Is Possible

via: SeekingAlpha at 2018-08-20 11:39:57:000

I have been following and writing about gold ( GLD ) for many quarters here and there, and more or less my suspicions pertaining to its trajectory have been confirmed again and again. Before I get into the details, let's take a look at the latest gold report (dated August 2) from the WGC (Wo… read more...

Sentiment Speaks: Just Take The Metals Out Back And Shoot Them!

via: SeekingAlpha at 2018-08-20 08:01:00:000

For those that follow me regularly, you will know that I have been tracking a set-up for the SPDR Gold Trust ETF (NYSEARCA: GLD ), which I analyze as a proxy for the gold market. I also believe that gold can outperform the general equity market once we confirm a long-term break out has begun. … read more...

Here Is How To Play The Massive Speculative Gold Short Position

via: SeekingAlpha at 2018-08-20 04:45:20:000

The latest Commitments of Traders ((COT)) report is truly a record-breaking one, from both the length of the recent increase in net-short positions, the size of the net-short position, to the number of outstanding shorts. For a record-tying ninth straight week, shorts increased their positio… read more...

Gold's Initial Lackluster Response To Turkey Likely To Be A Red Herring

via: SeekingAlpha at 2018-08-19 07:00:53:000

By Nitesh Shah, Director of Research, WisdomTree Europe Turkey is going through an economic crisis - the lira has dropped to an all-time low, 34% over the week ending August 10. The euro also fell 2% over the week because some of the eurozone's largest banks are lenders to Turkey, as highl… read more...

Partying Like It's 2007: SchiffGold Friday Gold Wrap 08.17.18

via: SeekingAlpha at 2018-08-19 05:50:42:000

By SchiffGold The SchiffGold Friday Gold Wrap podcast combines a succinct summary of the week's precious metals news coupled with thoughtful analysis. The world is partying like it's 2007. The stock market keeps going up. There is economic optimism as far as the eye can see. It feel… read more...

'Everything I See In The Physical Markets Is Very Optimistic.' - Eric Sprott (Weekly Wrap- Up, Aug 17, 2018)

via: SeekingAlpha at 2018-08-19 01:18:27:000

By Craig Hemke The past 100 days have been rough for precious metals, and this past week was no different. But on this edition of the wrap-up, Eric Sprott finds the silver (and gold) lining in the clouds. This week, youll hear: Where to find positive signs in a turbulent mark… read more...

This Week In Money - August 18, 2018

via: SeekingAlpha at 2018-08-19 00:49:29:000

Ross Clark Gold, Silver, Canadian Dollar, Turkish Lira. John Rubino Currencies, Banks, Housing Bubble, Constriction of Credit. Eric Hadik Cycles, Gold, Interest Rates, Commodities, Crude. Larry Reaugh President & CEO of American M… read more...

Was January 2018 The Global Stock Market Top?

via: SeekingAlpha at 2018-08-18 21:48:07:000

I have been bullish on US and global stocks in 2017 and 2018, but right now is a critical moment that forces me to re-examine the long-term trends and fundamental direction of global markets in 2018. To summarize the performance of markets this year: US stocks are mostly up, the rest of the … read more...

Gold Miners Look Cheap If You Ignore History

via: SeekingAlpha at 2018-08-17 16:48:20:000

VanEck Vectors Gold Miners ETF ( GDX ) took a monstrous hit on August 15 falling by 6% to a new 52-week low. Since its inception, GDX has radically diverged from the Gold price itself. GDX data by YCharts Over even longer time frames, the HUI (Gold Stock Index) has actually underperforme… read more...

Gold Miners Look Cheap If You Ignore History

via: SeekingAlpha at 2018-08-17 16:48:20:000

VanEck Vectors Gold Miners ETF ( GDX ) took a monstrous hit on August 15 falling by 6% to a new 52-week low. Since its inception, GDX has radically diverged from the Gold price itself. GDX data by YCharts Over even longer time frames, the HUI (Gold Stock Index) has actually underperforme… read more...

Precious Metals Equities Are Potentially Capitulating

via: SeekingAlpha at 2018-08-17 10:18:09:000

Introduction For nearly twenty years, I have had my eyes attuned to precious metals and precious metals equities, noticing them first as a contrarian, value investor in the late 1990's, when they were extremely out-of-favor. In May of 2018, I authored a deeper look at the sector detai… read more...

Precious Metals Equities Are Potentially Capitulating

via: SeekingAlpha at 2018-08-17 10:18:09:000

Introduction For nearly twenty years, I have had my eyes attuned to precious metals and precious metals equities, noticing them first as a contrarian, value investor in the late 1990's, when they were extremely out-of-favor. In May of 2018, I authored a deeper look at the sector detai… read more...

Currency Woes

via: SeekingAlpha at 2018-08-17 10:01:42:000

This week's collapse of the Turkish lira has dominated the headlines, and it is widely reported that this and other emerging market currencies are in trouble because of the withdrawal of dollar liquidity. There are huge quantities of footloose dollars betting against these weak currencies, as… read more...

Currency Woes

via: SeekingAlpha at 2018-08-17 10:01:42:000

This week's collapse of the Turkish lira has dominated the headlines, and it is widely reported that this and other emerging market currencies are in trouble because of the withdrawal of dollar liquidity. There are huge quantities of footloose dollars betting against these weak currencies, as… read more...

Gold Melts Down As Dollar Takes Flight

via: SeekingAlpha at 2018-08-17 08:11:50:000

The gold price continues to be battered by the unrelenting strength in the U.S. dollar. Gold is in good company as other precious and industrial metals have gone into a tailspin in recent days, thanks to fresh worries over the state of the global economy and a runaway dollar rally. In today's … read more...

Gold Melts Down As Dollar Takes Flight

via: SeekingAlpha at 2018-08-17 08:11:50:000

The gold price continues to be battered by the unrelenting strength in the U.S. dollar. Gold is in good company as other precious and industrial metals have gone into a tailspin in recent days, thanks to fresh worries over the state of the global economy and a runaway dollar rally. In today's … read more...

Why Gold Should Be Accumulated At These Levels

via: SeekingAlpha at 2018-08-17 07:24:18:000

Here are a few reasons why gold should be accumulated at these levels: 1. Rising Interest Rates Although gold rose significantly from 2001 to 2011, it was not really the ideal conditions. There were many reasons for conditions not being ideal, such as: rising stock markets and major comm… read more...

Why Gold Should Be Accumulated At These Levels

via: SeekingAlpha at 2018-08-17 07:24:18:000

Here are a few reasons why gold should be accumulated at these levels: 1. Rising Interest Rates Although gold rose significantly from 2001 to 2011, it was not really the ideal conditions. There were many reasons for conditions not being ideal, such as: rising stock markets and major comm… read more...

Peter Schiff: Out Of The Frying Pan And Into The Fire

via: SeekingAlpha at 2018-08-17 06:58:00:000

By SchiffGold Turkey has been in the headlines over the last few weeks as a currency crisis has rocked that country. But as Peter Schiff pointed out in his most recent podcast, all of the things commentators are frying Turkey over are happening in the US as well. "All of the criticism… read more...

Peter Schiff: Out Of The Frying Pan And Into The Fire

via: SeekingAlpha at 2018-08-17 06:58:00:000

By SchiffGold Turkey has been in the headlines over the last few weeks as a currency crisis has rocked that country. But as Peter Schiff pointed out in his most recent podcast, all of the things commentators are frying Turkey over are happening in the US as well. "All of the criticism… read more...

How Gold And Silver Will Trade During The Next Market Crash

via: SeekingAlpha at 2018-08-17 06:12:54:000

By Steve St. Angelo While many investors believe the gold and silver price will crash during the next market meltdown, I see a much different outcome. Yes, it is true that the metals may sell off initially in the beginning, but I believe gold and silver will disconnect from the broader mar… read more...

How Gold And Silver Will Trade During The Next Market Crash

via: SeekingAlpha at 2018-08-17 06:12:54:000

By Steve St. Angelo While many investors believe the gold and silver price will crash during the next market meltdown, I see a much different outcome. Yes, it is true that the metals may sell off initially in the beginning, but I believe gold and silver will disconnect from the broader mar… read more...

Gold Is Melting: Why This Is No Time To Panic

via: SeekingAlpha at 2018-08-16 23:46:46:000

Source: MoneyControl.com Gold Is Melting: Why This Is No Time To Panic Gold/SPDR Gold Shares ( GLD ) is going thorough one of its most vicious selloffs in years. The yellow metal is essentially melting, down the last 9 out of 10 weeks, and from peak to trough has cratered from almost $1,… read more...

Gold Is Melting: Why This Is No Time To Panic

via: SeekingAlpha at 2018-08-16 23:46:46:000

Source: MoneyControl.com Gold Is Melting: Why This Is No Time To Panic Gold/SPDR Gold Shares ( GLD ) is going thorough one of its most vicious selloffs in years. The yellow metal is essentially melting, down the last 9 out of 10 weeks, and from peak to trough has cratered from almost $1,… read more...

Fund Investors And APs Shun World Equity Funds And ETFs In July

via: SeekingAlpha at 2018-08-16 14:00:21:000

Photo Source: REUTERS/Jason Lee. An investor looks at a board showing stock information at a brokerage office in Beijing, China July 6, 2018. For the second month in three investors were net purchasers of mutual fund assets, injecting $9.2 billion into the conventional funds business (exc… read more...

Gold Could Be Set To Bounce Back

via: SeekingAlpha at 2018-08-16 13:10:34:000

Over the past few months, we have seen contagion slowly creep back into the marketplace as a result of escalating trade tensions between the United States and other major trading nations. Most recently, the depreciation of the Turkish lira has in turn placed downward pressure on the euro due… read more...

Fundamental Price Of Gold Decouples Slightly - Precious Metals Supply And Demand

via: SeekingAlpha at 2018-08-16 10:17:17:000

The Fundamental Price has Deteriorated, but Let us look at the only true picture of supply and demand in the gold and silver markets, i.e., the basis. After peaking at the end of April, our model of the fundamental price of gold came down to the level it reached last November. $1,300… read more...

An Emerging Modern-Day Gold Standard? Andrew Maguire Explains

via: SeekingAlpha at 2018-08-16 07:24:01:000

Andrew Maguire and Michael Oliver are this week's radio program guests. Making unsecured loans into an increasingly vulnerable liability-based fiat banking system is unwise. Yet 99% of the population is unaware that is exactly what they are doing with their checking accounts. Liquidating… read more...

Gold And Silver: Similar To 2008

via: SeekingAlpha at 2018-08-16 07:18:15:000

In 2008, gold was taken from $1020 to $700 and silver was pounded from $21 to $7 during the period of time that Bear Stearns, Lehman and the U.S. financial system were collapsing. The precious metals were behaving inversely to what would have been expected as the global financial system melted… read more...

Talking Turkey: 'This Will Be The Single Largest Default In Financial History'

via: SeekingAlpha at 2018-08-16 06:55:51:000

Read more … read more...

Wall Street - Island Of The Blessed

via: SeekingAlpha at 2018-08-16 04:37:01:000

By Pater Tenebrarum Which Disturbance in the Farce can be Profitably Ignored Today? There has been some talk about submerging market turmoil recently, and the term " contagion " has seen an unexpected revival in popularity - on Friday that is, which is an eternity ago. As we have pointed… read more...

Technically Speaking For August 15

via: SeekingAlpha at 2018-08-15 17:57:55:000

Are we starting to see weakness in China as a result of trade sanctions? Prime Minister Xi is probably one of the most capable and ruthless politicians we've seen for some time. However, according to yesterday's New York Times , the trade issue is rattling the cages within the Chinese gover… read more...

Gold And Silver: Very, Very Bullish

via: SeekingAlpha at 2018-08-15 14:37:07:000

I recently had the opportunity to talk with Equity Management Academy founder and CEO Patrick MontesDeOca about the gold and silver markets. Both markets, he said, on the basis of the daily, weekly and monthly Variable Changing Price Momentum Indicator (VC PMI) analysis, are aligned harmon… read more...

Perth Mint launches first ETF with sovereign-backed gold

via: SeekingAlpha at 2018-08-15 09:33:51:000

Perth Mint Physical Gold ETF (NYSEARCA: AAAU ) is fully backed by physical gold, which is guaranteed by the government of Western Australia, with shares exchangeable for delivery of a range of gold products. More news on: Prth Mnt Physc Shs, The Bank of New York Mellon Corporation, SPDR… read more...

Gold extends slump to 18-month low amid dollar strentgh

via: SeekingAlpha at 2018-08-15 09:14:24:000

Gold slips further below 1,200/oz. , recently -0.6% at $1,194 after hitting an 18-month low $1,183.47, as the dollar climbs to its highest levels in more than a year. More news on: SPDR Gold Trust ETF, iShares Silver Trust ETF, VanEck Vectors Gold Miners ETF, Commodities news, News on … read more...

Bullish Data For COMEX Gold - Craig Hemke (13/08/2018)

via: SeekingAlpha at 2018-08-15 05:57:59:000

By Craig Hemke CFTC-generated data for COMEX gold has reached levels normally considered extreme and bullish… but nothing about precious metals trading in the summer of 2018 is "normal". Well, another week has passed and even more important milestones have been reached from a Commitmen... read more...

It's Time For Contrarians To Get Bullish On Gold

via: SeekingAlpha at 2018-08-15 04:22:07:000

Gold cant seem to catch a break. The yellow metal normally acts as a safe haven in times of political and economic strife, but in the face of Turkeys lira meltdown, investors have taken cover instead in the U.S. dollar. On Monday, the stronger greenback pushed gold to end below… read more...

Beware Of Physical Gold's Diminishing Value

via: SeekingAlpha at 2018-08-15 01:47:29:000

Gold has been dubbed by some as the "world's friend for 5,000 years." While that may be true to varying degrees, it doesn't necessarily mean gold or precious metals have been a friendly place to invest. A recent example of gold's unfriendly string is its 28-year period of long-suffering. After… read more...

Following Our 'Sell Gold' Call, Precious Metal To Remain Weak

via: SeekingAlpha at 2018-08-14 16:06:24:000

In our previous commentary on gold , we wrote that gold prices would keep falling for three reasons: (1) accelerating US inflation, (2) decelerating growth outside the United States and (3) an ongoing slowdown across emerging markets. Ultimately, all three factors were supportive for the US d… read more...

Trouble In Turkey Boosts Dollar

via: SeekingAlpha at 2018-08-14 15:17:19:000

By Christ opher Aaron Turkey is suddenly on the world's financial radar. Concerns over the state of the country's economy, including high debt, high inflation, and government intervention in the Turkish central bank's operations have resulted in a 45% drop in the value of the Turkish lira… read more...

Why Investors Should Stay Short Gold

via: SeekingAlpha at 2018-08-14 12:36:46:000

Its been a great year to be short gold and long the U.S. dollar, especially since Hedgeye first went bullish on the dollar in April. Since then: Gold is down -12% The U.S. dollar index is up +7% This inverse correlation is explicit. Now, with Gold underperfor… read more...

While The S&P 500 Is Close To An All-Time High, There Are So Many Assets At Record Lows

via: SeekingAlpha at 2018-08-14 08:02:24:000

Introduction The divergence we are witnessing across many markets and/or assets is nothing short of stunning. We already showed that it's all in the numbers , but now we wish to demonstrate that it's also in the right/wrong On one hand, we have the S&P 500 ( SPY ) near an all-time hig… read more...

Gold Sector - An Obscure Indicator Provides A Signal

via: SeekingAlpha at 2018-08-14 04:57:14:000

By Pater Tenebrarum The Goldminbi In recent weeks gold apparently decided it would be a good time to masquerade as an emerging market currency and it started mirroring the Chinese yuan of all things. Since the latter is non-convertible this almost feels like an insult of sorts. As an a… read more...

Gold And Stocks Poised For Big Moves

via: SeekingAlpha at 2018-08-14 03:26:26:000

Traders' return from summer holidays is a catalyst. It's looking like the post-Labor Day markets are going to be very interesting. Very interesting. Why? Because of two set-ups: one in the S&P 500, the other in gold. Let's look at the stock situation first. The blue-chip index is n… read more...

Gold: Bearish Fundamentals, Bullish Sentiment

via: SeekingAlpha at 2018-08-14 03:18:22:000

Editor's note: Originally published at tsi-blog.com on August 13, 2018. For the first time this year, about two weeks ago, the sentiment backdrop became decisively supportive of the gold price and remains so. At the same time, the fundamental backdrop is unequivocally bearish for gold. W… read more...

There Is Always A Bull Market Somewhere: Asset Class Rotation

via: SeekingAlpha at 2018-08-13 17:25:37:000

When stocks are booming, even a mediocre company can deliver generous gains. Similarly, when global stock markets are collapsing, chances are that most individual stocks will also suffer heavy losses. Individual stock selection is clearly important, but knowing when to buy or avoid stocks as a… read more...

July 2018 Market Perspectives Webinar - Replay And Slides

via: SeekingAlpha at 2018-08-13 17:13:31:000

Our July Market Perspectives Webinar included a discussion of the following research topics: How Overvalued Are US Equities? Moving Averages and Volatility The Folly of Forecasting Gold Bugs vs. Stock Market Bulls Records are Made to Be Broken Markets (Stocks, Bonds, Currencies, … read more...

Money For Nothing: When Fiscal And Monetary Policy Fail Simultaneously (Part II)

via: SeekingAlpha at 2018-08-13 16:04:11:000

Man-made Disaster at Deepwater Horizon Wellsite, 2010 Source One of the uses of history is to avoid preventable errors; but to do that, weve got to get the history right. Robert J. Samuelson, 2008 Hegel was right when he said that we learn from h… read more...

Halloween Could Come Early For Gold Investors

via: SeekingAlpha at 2018-08-13 13:30:27:000

Gold fell for the fifth straight week last week after a significant breakout in the greenback. As well discuss in todays comments, gold is entering a critical juncture which will determine the direction of its longer-term trend. Well also discuss the likelihood that gol… read more...

Gold continues to slide, hitting 17-month lows

via: SeekingAlpha at 2018-08-13 08:21:31:000

Gold prices tumble to their lowest since March 2017 amid the crashing Turkish lira, in the latest evidence that the yellow metal has lost its status as a traditional investment safe haven; gold -1% at $1,207.10/oz. after earlier slipping below $1,200, and silver -0.6% at $15.20/oz. … read more...

Turkey collapse doesn't stop plunge in gold

via: SeekingAlpha at 2018-08-13 08:03:37:000

Turkey's central bank has taken its first steps at intervening in the collapse of that country's currency, stocks, and bonds. The Borsa Istanbul 100 Index, however, is down another 5.8% today, and the lira continues to tumble. TUR -10% premarket More news on: iS… read more...

Dual Momentum August Update

via: SeekingAlpha at 2018-08-13 06:34:37:000

Scott's Investments provides a free "Dual ETF Momentum" spreadsheet which was originally created in February 2013. The strategy was inspired by a paper written by Gary Antonacci and available on Optimal Momentum. Antonacci's book, Dual Momentum Investing: An Innovative Strategy for Higher Ret… read more...

Housing Heads South - Precious Metals Getting Ready To Soar

via: SeekingAlpha at 2018-08-13 05:02:04:000

I joined Elijah Johnson and Eric Dubin on SD Bullions weekly Metals & Markets podcast to discuss the popping housing market bubble and to explain why the risk of missing a big move higher in the precious metals market is much greater than the risk of more downside from Read m… read more...

This Is Why It's Time To Buy The Gold Miners

via: SeekingAlpha at 2018-08-13 01:13:15:000

The latest Commitment of Traders ((COT)) report showed gold speculators decreased their long position, while increasing their short positions for an eighth consecutive week. As we said last week, this is the second-longest short-building streak in COT history and it is only behind the record-b… read more...

The Gold ETF Remains Oversold And The Dollar ETF Remains Overbought As Commodities Continue To Slip

via: SeekingAlpha at 2018-08-12 23:23:42:000

Here are the weekly charts and key levels for the gold, commodities and dollar exchange-traded funds as the Turkey turmoil continues. The gold trust ETF tracks the spot price of gold and is said to be backed by gold bars in vaults in London. SPDR Gold Trust (NYSEARCA: GLD ) Courte… read more...

Spectacular Gold COT Report: Prepare For A Huge 6 Months

via: SeekingAlpha at 2018-08-12 15:22:18:000

No need to mince words anymore. If the futures market still influences gold's price, then that price is going to spike. And silver is better than gold. Since January, gold futures speculators have been trending from extremely bullish to scared short. And in the week ending last Tuesday (th… read more...

Gold Price Forecast 2018/2019: The Various Prices Of Gold Pointing Higher

via: SeekingAlpha at 2018-08-12 15:12:01:000

Let's take a look at gold priced in oil (WTI Crude), the Dow and US dollars: Above is gold priced in oil from 1983 to now. Price has moved in a large channel before it broke out at the end of 2014. This is really significant given the importance of oil in the current monetary system (more of… read more...

WTF Just Happened: Gold Forms A Bottom And 420-Time For Elon Musk

via: SeekingAlpha at 2018-08-12 15:10:49:000

Perhaps the most baffling aspect of the Elon Musk "Funding Secured" tweet is the number of financial media outlets and so-called "analysts" that are taking it seriously. The idea is a complete joke. Any valuation in excess of potential asset value minus the debt and other liabilities (included… read more...

Market Volatility Bulletin: VIX Punches Higher While U.S. Stocks Hold Up Given The Circumstances

via: SeekingAlpha at 2018-08-12 06:28:04:000

Market Intro CNBC: Friday Close Large-cap US stocks ( SPY , DIA ) managed a partial recovery as Friday's trading day wore on after the economic upheaval associated with the crash in Turkey's lira; the currency dumped as much as 20% at one point. Spot VIX picked up considerably for the… read more...

Weight Of Debt Supports Wait On Gold

via: SeekingAlpha at 2018-08-10 07:23:10:000

Gold and Gold Stocks Decline in July on U.S. Dollar Strength, Disappointing Q2 Results of Majors Paradigm Capital reports that the number of Google searches to buy gold has dropped to the lowest since July 2007, just before the global financial crisis. Meanwhile, according to The Wall Str… read more...

Weight Of Debt Supports Wait On Gold

via: SeekingAlpha at 2018-08-10 07:23:10:000

Gold and Gold Stocks Decline in July on U.S. Dollar Strength, Disappointing Q2 Results of Majors Paradigm Capital reports that the number of Google searches to buy gold has dropped to the lowest since July 2007, just before the global financial crisis. Meanwhile, according to The Wall Str… read more...

4 Reasons Why Gold Has Found Or Is Close To A Bottom

via: SeekingAlpha at 2018-08-10 06:15:00:000

Things are looking pretty ugly in the gold market these days. Last week marked the fifth consecutive week of losses for the yellow metal. Gold fell to a new and lower low for 2018 at $1205.10 per ounce on Friday, August 3 on the nearby COMEX futures contract. The low was just $1.10 above the J… read more...

4 Reasons Why Gold Has Found Or Is Close To A Bottom

via: SeekingAlpha at 2018-08-10 06:15:00:000

Things are looking pretty ugly in the gold market these days. Last week marked the fifth consecutive week of losses for the yellow metal. Gold fell to a new and lower low for 2018 at $1205.10 per ounce on Friday, August 3 on the nearby COMEX futures contract. The low was just $1.10 above the J… read more...

What's Next For The U.S. Dollar? Major Impact On Gold, Silver And China In 2018

via: SeekingAlpha at 2018-08-10 06:12:58:000

The US dollar is in good shape lately. It has risen 7% since May and close to 2% in the month of August. The dollar is now at a crucial level, and what happens from here on may have serious impact on gold, silver, and China's stock market in 2018. Why do we care about the US dollar? We are… read more...

What's Next For The U.S. Dollar? Major Impact On Gold, Silver And China In 2018

via: SeekingAlpha at 2018-08-10 06:12:58:000

The US dollar is in good shape lately. It has risen 7% since May and close to 2% in the month of August. The dollar is now at a crucial level, and what happens from here on may have serious impact on gold, silver, and China's stock market in 2018. Why do we care about the US dollar? We are… read more...

Around The World - Equities, Bonds, Rates, Currencies, Cryptos  And Gold

via: SeekingAlpha at 2018-08-10 01:36:52:000

Equities Percentage Below All-Time High of Popular Country ETFs (from bottom to top) Nigeria ( NGE ): -66% Turkey ( TUR ): -61% Russia ( RSX ): -56% Brazil ( EWZ ): -50% Italy ( EWI ): -41% Indonesia ( EIDO ): -26% China ( FXI ): -23% Spain ( EWP ): -23% Sou… read more...

Around The World - Equities, Bonds, Rates, Currencies, Cryptos  And Gold

via: SeekingAlpha at 2018-08-10 01:36:52:000

Equities Percentage Below All-Time High of Popular Country ETFs (from bottom to top) Nigeria ( NGE ): -66% Turkey ( TUR ): -61% Russia ( RSX ): -56% Brazil ( EWZ ): -50% Italy ( EWI ): -41% Indonesia ( EIDO ): -26% China ( FXI ): -23% Spain ( EWP ): -23% Sou… read more...

Money For Nothing: When Fiscal And Monetary Policy Fail Simultaneously (Part I)

via: SeekingAlpha at 2018-08-09 14:32:24:000

Cruise Ship Costa Concordia After The Captain Veered Off Course In 2012 Source When Captain Francesco Schettino veered off his planned course along the Italian coast in 2012, supposedly to impress a female visitor, his cruise ship struck a rock and was sunk with the loss of 32 li… read more...

Valuing Gold In A World Awash With Dollars

via: SeekingAlpha at 2018-08-09 08:30:03:000

Alasdair Macleod and Michael Oliver are this week's guests. History tells us that an ounce of gold has retained 100% of its purchasing power since the Roman Republic. But what price of gold in US dollars should we expect when the Fed responds to the next financial crisis by creating expo… read more...

Peter Schiff On The Collective Delusion Among Investors Around The World

via: SeekingAlpha at 2018-08-09 07:31:23:000

By SchiffGold Peter Schiff appeared on RT America recently to talk gold . The host noted the decline in the price of the yellow metal over the last few months and asked Peter if he thought it was because of the Feds interest rate hikes. Peter said, No. He said he t… read more...

Rigged Markets Declared Permanent By All (But A Few)

via: SeekingAlpha at 2018-08-09 07:28:10:000

Read more … read more...

Big Gold - Deteriorating Fundamentals

via: SeekingAlpha at 2018-08-08 13:33:03:000

A few big gold mining companies have just published their 2Q 2018 reports so it is a good time to check how the sector is performing. And, in my opinion, the news is not good in 1H 2018 the sector delivered a number of negative surprises. Let me start my survey from the joint statemen… read more...

Who Needs Gold When Real Growth Is Picking Up?

via: SeekingAlpha at 2018-08-08 07:04:59:000

Chart #1 I've been posting updates of Chart #1 for at least the past 5 years. It never ceases to amaze me that the prices of two different assets should be so highly correlated. Of course, gold and TIPS do share a few things in common: both offer promises/guarantees of some sort. Gold prom… read more...

Climbing The Milligram Ladder - Precious Metals Supply And Demand

via: SeekingAlpha at 2018-08-08 04:40:19:000

FRN Muscle Flexing Shh, don't tell the dollar-paradigm folks that the dollar went up 0.2mg gold this week. Or if that hasn't blown your mind, the dollar went up 0.01 grams of silver. It's less uncomfortable to say that gold went down $10, and silver fell $0.08. It doesn't force anyone to… read more...

2018 Asset Class Performance; S&P 500 Total Return New Highs

via: SeekingAlpha at 2018-08-08 04:22:42:000

While the S&P 500 is set to open just a stone's throw away from its January 26 th all-time closing high this morning, it's worth pointing out that the S&P 500 Total Return index (which includes dividends) has already made a new all-time high. We expect that the regular S&P 500 pri… read more...

Gold Weekly: Bears, Stop Playing With Fire!

via: SeekingAlpha at 2018-08-07 12:20:38:000

Tamraght Oufella, Tamraght, Morocco Source: Pinterest Introduction Welcome to my Gold Weekly. In this report, I wish to discuss mainly my views about the gold market through the GraniteShares Gold Trust ETF (NYSEARCA: BAR ). To do so, I analyse the recent changes in speculative po… read more...

Gold: How Bad Can It Get?

via: SeekingAlpha at 2018-08-07 11:20:20:000

Despite sentiment hovering near the lowest levels in two years on gold ( GLD ), there's been little reprieve from the selling pressure. The metal has been walked down in a steady trend since cracking psychological support at $1,300/oz, and confirmation of this downdraft came on a move below th… read more...

Gold, Punk Rock, And DIY Metal Investing With Quoth The Raven (Podcast)

via: SeekingAlpha at 2018-08-07 10:00:00:000

For me, gold is tough to get into. When I examine it, the price action looks just like noise. It's not clear to me that allocating to gold is an actual investment strategy so much as an expression of an attitude about the world. We don't trust institutions, we need to touch and hold our inves… read more...

Wait Until You See The Price Of Gold In Venezuela Right Now

via: SeekingAlpha at 2018-08-07 06:01:35:000

Last month in Venezuelas capital city of Caracas, a cup of coffee would have set you back 2 million bolivars. Thats up from only 2,300 bolivars 12 months ago, meaning the price of a cup of joe has jumped nearly 87,000 percent, according to Bloombergs Caf Con Leche… read more...

Platinum Vs. Rhodium

via: SeekingAlpha at 2018-08-07 06:00:00:000

Platinum group metals (PGMs) are rarer than gold. The group consists of two subgroups: palladium group-platinum group elements (PPGEs) and iridium group-platinum group elements. The first group consists of platinum, palladium, and rhodium. The second group consists of iridium, osmium, and ruth… read more...

What Should Investors Do? Buy Gold And Silver Assets

via: SeekingAlpha at 2018-08-06 15:14:23:000

The Daily VC PMI Early Bird Update The Daily VC PMI Early Bird Update for August 3, 2018 offered a look at seven markets based on the AI of the Automated Variable Changing Price Momentum Indicator (VC PMI). For gold and silver, the VC PMI recommends buying on corrections. Crude is in a neu… read more...

China's Yuan Policy Could Prove Pivotal For Gold

via: SeekingAlpha at 2018-08-06 14:04:11:000

A late-week show of strength wasnt enough for gold to reverse its immediate downward trend. And despite a pullback in the U.S. dollar, there are still more near-term negative than positive factors for gold. In todays comments well look at current landscape for the metal… read more...

Gold: 3 Hurdles Toward The Next Bull Market

via: SeekingAlpha at 2018-08-06 10:05:25:000

Colleagues who share my interest in long-term trends have recently asked: Why so quiet on gold? The answer is simple. Gold entered a bear market in 2011, and has not yet established a major bull market. So what would constitute a major bull market? There are three hurdles by my reckoning. … read more...

Are Hedge Funds Setup For A Short Squeeze?

via: SeekingAlpha at 2018-08-06 09:15:25:000

In an interview today, I spoke with Equity Management Academy CEO Patrick MontesDeOca about a special weekend report for the Variable Changing Price Momentum Indicator (VC PMI) Early Bird Weekly Update he was issuing. Looking at the July 26 commitment of traders report, it appears t… read more...

Leveraged ETF Decays - Update

via: SeekingAlpha at 2018-08-06 06:39:42:000

I measure once a month the decay of major leveraged ETFs. It may be useful for anyone using leveraged ETFs for investing, trading or hedging. Where does the decay come from? Most of the time, a leveraged ETF does worse than the underlying asset leveraged by the same factor. This relative… read more...

Silver - Is Anyone There, Does Anyone Care?

via: SeekingAlpha at 2018-08-06 06:00:00:000

Silver has a long history as one of the most speculative and volatile metals. In 1980, the price rose to over $50 per ounce, and in 2011 it reached a high of $49.82. However, the precious metal that tends to tarnish can sit for extended periods in a tight range and watching the daily action is… read more...

Speculative Gold Shorts Have Done Something We Have Never Seen

via: SeekingAlpha at 2018-08-06 04:04:06:000

The latest Commitment of Traders ((COT)) report, showed gold speculators decrease their long position, while increasing their short positions for a SEVENTH consecutive week. This is the second longest short-building streak in COT history and its only behind the record-breaking nine-week streak… read more...

The Gold ETF Is Oversold; The Dollar Is Overbought As Commodities Slip Down Its 200-Week Moving Average

via: SeekingAlpha at 2018-08-06 02:37:40:000

Here are the daily charts and the key levels for the gold, commodities and dollar exchange-traded funds. The gold trust ETF tracks the spot price of gold and are said to be backed by gold bars in vaults in London. SPDR Gold Trust (NYSEARCA: GLD ) The Gold ETF ($114.92 on Aug. 3) … read more...

Another Week, Another Improvement In Gold's Prospects

via: SeekingAlpha at 2018-08-06 01:18:16:000

The past few months have added some cred to the sell in May and go away rule of thumb for precious metals, as golds price action has been both boring and depressing. Its now close to its 12-month low, while a lot of miners are providing material for the old jok… read more...

The Pension Crisis Could Be Good For Gold

via: SeekingAlpha at 2018-08-05 21:42:03:000

Many investors, particularly those that read the alternative financial media, are likely aware of the pension crisis facing many American states and municipalities. With that said though, I have seen surprisingly little coverage of it here at Seeking Alpha, except for a handful of articles dis… read more...

Shunned By The Market, Gold Struggles To Catch A Breather

via: SeekingAlpha at 2018-08-05 19:34:59:000

Gold's ( GLD ) price performance has been peculiar of late. Amidst a backdrop of a stronger USD, yes perhaps that has placed some downward pressure on the precious metal, but it appears the market has been utterly shunning the precious metal, even when other macro forces appear to be supportiv… read more...

Trump's Fed Feud; Pelaez: Time To Position For A Decade-Long Bull Market In Natural Resources

via: SeekingAlpha at 2018-08-05 11:58:17:000

Don't want to listen? Read the podcast below! Welcome to this week's Market Wrap Podcast, I'm Mike Gleason. Coming up, we'll hear a wonderfully fascinating interview with first time guest Samuel Pelaez of Galileo Global Equity Advisors. Sam highlights what he views as a tremendous i… read more...

Why Aren't You Buying Gold? SchiffGold Friday Gold Wrap 08.03.18

via: SeekingAlpha at 2018-08-05 09:18:34:000

By SchiffGold The SchiffGold Friday Gold Wrap podcast combines a succinct summary of the week's precious metals news coupled with thoughtful analysis. You've probably seen the headlines - gold demand is way down. So, why aren't you buying gold ? Perhaps you're caught up in the main… read more...

This Week In Money - August 4, 2018

via: SeekingAlpha at 2018-08-05 01:58:40:000

Ross Clark Stock Market Action. Chinas Reserve Ratio. Wolf Richter Real Estate Bubbles, Autos, and Robot Trucks. Ed Steer Gold and Silver. Larry Reaugh President & CEO of American Manganese Inc. Produced by Read m… read more...

Gold Stocks' Autumn Rally 3

via: SeekingAlpha at 2018-08-04 03:09:29:000

The gold miners stocks have suffered a psychologically-grating year so far. Theyve remained trapped in their vexing low-consolidation trading range, disheartening and driving away the great majority of traders. But that should soon change as this deeply-out-of-favor sector ente… read more...

CoT Update On Precious Metals, VIX, And Crowded USD Shorts

via: SeekingAlpha at 2018-08-04 02:22:28:000

Note: My approach for analyzing CoT data to reveal how different types of traders are positioned in the futures markets is outlined here . If you missed it, give the article a read to see the method behind my analysis. All data and images in this article come from my free website . Al… read more...

How Low Is Too Low For Gold?

via: SeekingAlpha at 2018-08-03 18:59:48:000

Golds woes continue with the metals price continually hitting new lows for the year on almost a daily basis. Meanwhile, investors continue to pull money out of gold-backed ETFs at a record pace. The question well address in todays commentary is, At what … read more...

GLD Hits Lows: Are You Surprised?

via: SeekingAlpha at 2018-08-03 17:58:49:000

And… here we go again. The SPDR Gold Trust ETF ( GLD ) is trading at new lows for the year, and there appears to be no end in sight. Weakness has been brought on by broad strength in the U.S. dollar, the prospect of rising interest rates at the Federal Reserve, and diminishing global demand ... read more...

Commodities Recap For The Week Of Aug. 3, 2018

via: SeekingAlpha at 2018-08-03 16:50:21:000

The Story of This week: Focus On the Not-So-Precious Metals Gold has been under pressure since mid-April when the price of the yellow metal traded to a high of $1365.40 for the second time in 2018 putting in a double-top trading pattern on the weekly and monthly charts. The now active mon… read more...

U.S. Dollar To Continue Appreciating Through Year-End

via: SeekingAlpha at 2018-08-03 15:43:03:000

Trump can try to talk down the U.S. dollar all he wants. The fact is the USD is appreciating based not only on factors largely outside of the U.S. president's control, but also because of the president's actual policies, not tweets. As Reuters reports "actions speak louder than words" and th… read more...

Gold Weekly: Stand Ready To Embrace The Forthcoming Bullish Wave

via: SeekingAlpha at 2018-08-03 10:12:11:000

Source: Pinterest Introduction Welcome to my Gold Weekly. In this report, I wish to discuss mainly my views about the gold market through the GraniteShares Gold Trust ETF (NYSEARCA: BAR ). To do so, I analyze the recent changes in speculative positions on the Comex (based on the CF… read more...

Will Forgotten Silver Ever Shine Again? The Answer In A Few Charts

via: SeekingAlpha at 2018-08-03 10:06:54:000

Editor's note: Seeking Alpha is proud to welcome Millenia Asesora de Inversin as a new contributor. It's easy to become a Seeking Alpha contributor and earn money for your best investment ideas. Active contributors also get free access to the SA PRO archive. Click here to find out more … read more...

Market Volatility Bulletin: Vol Tumbles As Markets Ignore Trade Woes

via: SeekingAlpha at 2018-08-03 09:27:41:000

Market Intro CNBC: Thursday Close Apple ( AAPL ) led US equities ( SPY , DIA , QQQ , IWM ) in Thursday's trading session as investors celebrated the milestone of the first US company to reach a $1T market capitalization. Congratulations, Apple! S&P vol took a beating as trade co… read more...

GLD Options Are Looking Quite Attractive

via: SeekingAlpha at 2018-08-03 09:20:46:000

Editor's note: Seeking Alpha is proud to welcome Lyster Analytics as a new contributor. It's easy to become a Seeking Alpha contributor and earn money for your best investment ideas. Active contributors also get free access to the SA PRO archive. Click here to find out more Investm… read more...

The Trading Action In Gold

via: SeekingAlpha at 2018-08-03 08:48:41:000

There's no question in my mind that the intervention in the gold market is similar to the intervention that occurred in 2008 ahead of the financial crisis. However, I believe that, because of the massive physical off-take in the eastern hemisphere, the western Central Banks and bullion banks w… read more...

Sprott Gold Report: Tariff Tension - Trey Reik (02/08/2018)

via: SeekingAlpha at 2018-08-03 08:08:00:000

By Trey Reik All of a sudden, the leading question with respect to precious metals has become, "Why isn't gold doing better?" After trading in a bullish consolidation pattern for the past 18 months, gold appears to have lost its mojo and is flirting with technical breakdown. Given daily Tr… read more...

Cross-Asset Volatility Indicates Danger To Come

via: SeekingAlpha at 2018-08-02 18:59:20:000

When many investors consider volatility, they look primarily at the VIX index which tracks the implied volatility of the S&P 500. As many know, volatility reached extremely low levels last year not only for equities, but also for bonds, currencies, and commodities. We want to give an updat… read more...

Gold hits one-year low; report says bullion market off to worst start since 2009

via: SeekingAlpha at 2018-08-02 14:59:10:000

Gold slides to its lowest price in a year following a report that showed the bullion market suffered its weakest start in nearly a decade and as the U.S. dollar rose. More news on: SPDR Gold Trust ETF, VanEck Vectors Gold Miners ETF, Direxion Daily Gold Miners Index Bull 3x Shares ETF, … read more...

Bitcoin Versus Gold Revisited

via: SeekingAlpha at 2018-08-02 08:56:31:000

Back in late 2016, I wrote a piece for Seeking Alpha entitled, Bitcoin Might Be A Better Investment Than Gold . At the time, the price of gold was trading at $1172.80 per ounce, and Bitcoin was at $741.25. In that piece I wrote, "I continue to believe that gold will struggle and Bitcoin will … read more...

Cordier To TD Ameritrade: Gold And Silver 'Quite Close' To A Low

via: SeekingAlpha at 2018-08-02 07:03:44:000

Ben: Welcome back to Futures with Ben Lichtenstein. After the breach of the 1,300 level in gold we've seen nothing but weakness. While gold has slowed the decline and appears to be consolidating and forming a bit of a balance around that 1,228 area many are keeping a close eye on it, … read more...

Is There A Method Behind The Madness Of Trump's Trade Policy?

via: SeekingAlpha at 2018-08-02 03:03:27:000

John Rubino and Michael Oliver return for the July 31 st episode of the radio show. Since Nixon removed gold from the global monetary system in 1971, the U.S. has suffered chronic trade deficits that led to a loss of higher-paid manufacturing jobs in exchange for low-paying service jobs… read more...

Gold: Record Level Of Short Interest And Potential Triggers

via: SeekingAlpha at 2018-08-01 21:35:37:000

Investment Thesis Gold ( GLD ) has been declining over the last four months from $1,350/oz to $1,220/oz and the sentiment is far from positive. There are however a number of potential triggers that can reverse the slide. The record level short interest in gold has the potential for a shor… read more...

Own Apple, Don't Trade It - Cramer's Mad Money (7/31/18)

via: SeekingAlpha at 2018-08-01 07:35:45:000

Stocks discussed on the in-depth session of Jim Cramer's Mad Money TV Program, Tuesday , July 31. Every sell off has to come to an end and Tuesday was just the day Cramer felt where the selloff has ended at least for the time being. There were two main reasons for the weakness - Face… read more...

What Have You Done For Me Lately? Precious Metals Supply And Demand

via: SeekingAlpha at 2018-08-01 04:56:23:000

Aragorn's Law Or The Mysterious Absence Of The Mad Rush Last week the price of gold dropped $8, and that of silver 4 cents. There is an interesting feature of our very marvel of a modern monetary system. We have written about this before. It sets up a conflict, between the perverse incentive… read more...

Have The Chinese Pegged The Gold Price?

via: SeekingAlpha at 2018-07-31 03:04:19:000

Editor's note: Originally published at tsi-blog.com on July 30, 2018. Governments and central banks lost interest in the gold price decades ago, but stories about how governments are supposedly controlling the gold price never lose their appeal. One of the latest stories is that since th… read more...

Are Crises In Argentina And Turkey Harbinger Of The Global Crash?

via: SeekingAlpha at 2018-07-30 15:50:49:000

Some emerging markets, Argentina and Turkey, in particular, deal with the economic crises, while their currencies are continuing their collapse. The Fed Chair, Jerome Powell, has recently said that "the role of U.S. monetary policy is often exaggerated". On the other hand, many analysts believ… read more...

Junior Gold Explorers Index Near Its 2016 Low

via: SeekingAlpha at 2018-07-30 12:24:11:000

Last month I introduced an index made of junior gold explorers . A lot has happened since in the gold sector, and I thought an update of the index may be instructive for those like me who are investing in this high-risk/high-reward sector. Since early June, gold has lost $75 from $1,298 to … read more...

Ready For The 'Up' Cycle. - Eric Sprott On Precious Metals Markets - (Weekly Wrap-Up, July 27,2018)

via: SeekingAlpha at 2018-07-30 03:08:54:000

As we head into the August doldrums, we put another volatile week behind us. And Eric Sprott is back again to help us make sense of it all. In this edition of the wrap-up, you'll hear: What the current price levels mean for you Why you should be watching the Chinese yuan … read more...

The Q2 GDP Farce, The Big Short 2.0 And Gold

via: SeekingAlpha at 2018-07-30 02:59:05:000

The Bureau of Economic Analysis ((BEA)) released its "advance" estimate of Q2 GDP on Friday. The Government would have us believe that the U.S. economic growth accelerated to a 4.1 annualized growth rate in Q2. Other than the fact that a one-time jump in soybean exports ahead of the trade war … read more...

Sentiment Speaks: Bullish Sentiment Is In The Toilet For Gold

via: SeekingAlpha at 2018-07-29 08:01:00:000

For those that follow me regularly, you will know that I have been tracking a set-up for the SPDR Gold Trust ETF (NYSEARCA: GLD ), which I analyze as a proxy for the gold market. I also believe that gold can outperform the general equity market once we confirm a long-term break out has begun. … read more...

Gold On Sale: SchiffGold Friday Gold Wrap 07.27.18

via: SeekingAlpha at 2018-07-29 07:43:36:000

By SchiffGold The SchiffGold Friday Gold Wrap podcast combines a succinct summary of the week's precious metals news coupled with thoughtful analysis. It seems like we've been playing a broken record over the last few weeks. The dollar is up; gold is down. But can dollar strength pe… read more...

Facebook Crashes Amid Shadow Banning And Censorship Controversy

via: SeekingAlpha at 2018-07-28 14:00:29:000

Welcome to this week's Market Wrap Podcast , I'm Mike Gleason. Coming up we'll hear from Ed Steer of Ed Steer's Gold & Silver Digest and the Gold Anti-Trust Action Committee. Ed talks about the manipulation in the gold and silver markets, who's likely behind it, and the explosive moves … read more...

Gold Shorts Near Record!

via: SeekingAlpha at 2018-07-28 06:29:09:000

Gold continues to drift near summer-doldrums lows, feeding and intensifying bearish sentiment. But an exceedingly-bullish event just happened which will ignite a major new upleg. Speculators gold-futures short positions have soared near all-time record highs! That means the recent heav… read more...

2 Lead Weights Hang On Gold's Neck

via: SeekingAlpha at 2018-07-27 18:21:04:000

After recently teasing another bottom, gold continues to be heavily weighed down by, as it were, two lead weights: the U.S. dollar and the Treasury bond yield. In todays commentary, well examine these prominent obstacles standing in the path of a gold relief rally. Notwithstand… read more...

5 Reasons To Avoid Silver (Playing Devil's Advocate)

via: SeekingAlpha at 2018-07-27 15:22:24:000

By Ivan Y. I am long iShares Silver ( SLV ), and have been since SLV began trading in 2006. So why am I writing a bearish article on it? The reason is because it's important for an investor to occasionally play devil's advocate and understand the arguments that go against his/her investmen… read more...

Silver: The Best (And Only) Opportunity Today

via: SeekingAlpha at 2018-07-27 11:04:39:000

Since spiking in the first half of 2016, silver and silver miners have had little love. Since then the ETFMG Prime Junior Silver Miners ETF ( SILJ ) has fallen roughly 50% in value from $20 all the way to $10. We believe both SILJ and silver (SLV) are currently one of the best short and long-t… read more...

Valuing Gold In A World Awash With Dollars

via: SeekingAlpha at 2018-07-27 06:31:48:000

Summary In this article I point to the pressures on the Fed to moderate monetary policy, but that will only affect the timing of the next cyclical credit crisis. That is going to happen anyway, triggered by the Fed or even a foreign central bank. In the very short term, a tendency to moderat… read more...

Gold And Silver Now And Forecast Target Price Adjustments For End 2018

via: SeekingAlpha at 2018-07-26 15:54:24:000

After a promising start to the year, precious metals have been having something of a torrid time, mostly courtesy of what appears to be a much stronger U.S. dollar. Metals prices are mostly quoted in U.S. dollar terms and virtually all have seen dips in that currency over the half year. Mining… read more...

Gold And Oil Markets: Summer Cash Cows For Option Sellers

via: SeekingAlpha at 2018-07-26 11:01:12:000

Read more … read more...

Have We Bottomed In Gold, Silver And Bitcoin?

via: SeekingAlpha at 2018-07-26 09:30:33:000

In his Early Bird Update this morning, Equity Management Academy founder and CEO, Patrick MontesDeOca, covered the latest on gold, silver, crude oil, soybeans, wheat, the E-mini S&P, and Bitcoin. He advised going long the metals on pullbacks to the buy 1 (B1) and buy 2 (B2) levels. In crud… read more...

Platinum - Is It Time To Back Up The Truck?

via: SeekingAlpha at 2018-07-26 06:15:00:000

To say the price action in platinum has been weak would be an understatement. The precious metal that the market often calls "rich man's gold" has been anything but since 2014 when it moved to a discount to the yellow metal and never looked back. Platinum is a rare precious metal, more than … read more...

Gold Sits Near Its Low In 2018

via: SeekingAlpha at 2018-07-26 06:00:00:000

The gold bull that had been in place since the December 2015 low at $1046.20 per ounce has stalled. Gold moved to lows in anticipation of the Federal Reserve's first interest rate hike in nine years and liftoff from zero on the Fed Funds rate. In 2016, the lows for the yellow metal occurred … read more...

Base Andf Precious Metals: Did They Win Investor Hearts After First Half 2018?

via: SeekingAlpha at 2018-07-25 09:50:37:000

Image credit: Pixabay . Investment Thesis Majority of the Federal Open Market Committee ((FOMC)) members agree on further policy rate increases beyond the neutral point in years 2018 and 2019. Hence, analysts would expect the possibility of market pricing to align closer with US Fed p… read more...

Gold Weekly: Feels Like The Endless Summer?

via: SeekingAlpha at 2018-07-25 09:23:42:000

Source: Pinterest Introduction Welcome to my Gold Weekly. In this report, I wish to discuss mainly my views about the gold market through the GraniteShares Gold Trust ETF (NYSEARCA: BAR ). To do so, I analyse the recent changes in speculative positions on the Comex (based on the … read more...

Disregard The Noise: Here's Why Gold And Silver Prices Are Going Much Higher

via: SeekingAlpha at 2018-07-25 04:29:59:000

Source: Mining.com Why Gold And Silver Prices Are Going Much Higher The precious metals selloff is very likely coming to an end, nevertheless, Gold/SPDR Gold Shares ( GLD ) and Silver/iShares Silver Trust ( SLV ) have gotten slammed quite hard over the past five weeks. Prices have plunge… read more...

Macro Asset Review, Sentiment Analysis And Sector Map

via: SeekingAlpha at 2018-07-24 08:41:41:000

Stock Market Review Three times in four months SPY failed to penetrate the 280-resistance level, and now we are here again for the fourth time, making the 280-resistance level (also the Fibonacci resistance) the key milestone for the bull market to watch. While the market is respecting t… read more...

Can Gold Trade Above $2,000 An Ounce By June 2019?

via: SeekingAlpha at 2018-07-24 07:20:50:000

Admittedly, the idea of gold ever going up again, much less quickly, seems a little crazy today. However, when you look at the ultra-low valuations of gold today versus stock market prices, long-term paper money creation, and honest U.S. inflation rates, you start to see the potential for a bi… read more...

Why Gold May Be Looking Cheap

via: SeekingAlpha at 2018-07-24 05:05:34:000

Russ describes the signs that gold, notoriously difficult to assess, is starting to look cheap. Of all the asset classes, commodities, particularly gold, are arguably the most difficult to assess. They are generally the most volatile. Moreover, the lack of cash flow makes them difficult to… read more...

Commodities Weekly: Copper Hovers Near One-Year Low On Global Growth Uncertainty

via: SeekingAlpha at 2018-07-24 02:45:02:000

By Andrew Robinson The risk that the ongoing trade wars could escalate to such an extent that all $500 billion worth of Chinese exports to the US could be subject to some form of tariff is causing some concern among investors. At the recent G-20 summit in Buenos Aires, the consensus was th… read more...

Overbought Or Oversold? Let These Mathematical Signals Be Your Guide

via: SeekingAlpha at 2018-07-23 23:27:53:000

Anticipate before you participate in the market. This is a classic piece of advice I like to give investors and have written about extensively in my CEO blog, Frank Talk. Financial markets are influenced by relatively predictable cycles and trading patterns, and by better understanding these… read more...

Riot Blockchain: Why I'm Bullish On Bitcoin And Getting Involved.

via: SeekingAlpha at 2018-07-23 14:22:26:000

Bitcoin may have reached an important bottom and has the potential for another big rally Bitcoin ( BTC-USD ) has rallied strongly on the week to buck the year-long downtrend and the negative sentiment which has seen critics doubt its survival, giving a boost to the price of Riot Blockchai… read more...

Bullish On Oil? Inventories Back To Rising While Gold Hedge Funds Remain Optimistic

via: SeekingAlpha at 2018-07-23 11:47:23:000

Image credit: Pixabay Investment Thesis The global supply-demand balance for oil market is expected to witness further declines in inventories and higher prices in the second half of 2018. These changes will lessen the risks of a stock-out of the oil market in 2018. Given this market… read more...

The Death Of Gold: Revisited

via: SeekingAlpha at 2018-07-23 11:17:08:000

Back in October 2011 I wrote my first bearish article on gold: Gold on the Verge of a Major Collapse when it was trading at $1,643 - today it's trading at $1,231, down 25.1% from the day I penned the article. And my bearish stance on gold has not changed - below I set forth my argument as to… read more...

Could Silver Gain 15% By September 2018?

via: SeekingAlpha at 2018-07-23 10:34:12:000

Go Long Silver And Gold This is a special edition of the Variable Changing Price Momentum Indicator (VC PMI) Weekly Report for the gold and silver markets. In an interview (7.21.18) with Equity Management Academy founder and CEO Patrick MontesDeOca, he said, "I strongly recommend that yo… read more...

Trump's Fed Comments Send Gold Soaring

via: SeekingAlpha at 2018-07-23 05:48:38:000

Last week Donald Trump broke the theoretical "Chinese Wall" that is supposed to exist between the Government and the Fed when he offered a stunning rebuke of the Fed's current policy to continue raising interest rates. Though, it's really more like "nudging" rates up at a snail's pace. Gold … read more...

Italian Crisis And Gold

via: SeekingAlpha at 2018-07-22 13:44:14:000

Italy is one of the biggest economies in the world, with many of the worlds leading companies headquartered there (think about all these luxury cars!). Well, it should not be surprising, as Italy is a country with long capitalist traditions it was there that the first European… read more...

Gold And Silver Futures Action Turning Positive

via: SeekingAlpha at 2018-07-22 09:48:00:000

After a brutal few weeks in precious metals, you'd expect trend-following speculators to be heading for the exits. And the most recent gold and silver futures action - aka the commitment of traders ((COT)) report - shows exactly that. Which is good news. In gold, speculators - who tend to be… read more...

Gold And Silver Need THIS To Unfold Before They Rally Sharply Higher...

via: SeekingAlpha at 2018-07-22 07:55:21:000

Welcome to this week's Market Wrap Podcast , I'm Mike Gleason. Coming up we'll hear a tremendous interview with Greg Weldon of Weldon Financial. Greg shares his insights about the U.S. dollar, the major correction in commodities, and what this all means for the global economy and ultimately… read more...

Are Gold Bugs (And Dollar Bears) Living In The Twilight Zone?

via: SeekingAlpha at 2018-07-21 16:40:38:000

We all believe different things. Some of what you believe might be considered fake news by others. You might even believe what others would call a conspiracy theory (gasp!). With the sell-off in the gold market still looking for a firm bottom, maybe it is time… read more...

Never Before Seen Charts: Gold Mining Industry's Costs Are Higher Than Market Realizes

via: SeekingAlpha at 2018-07-21 12:55:35:000

New information suggests that the cost to produce gold is much higher than what the market realizes. As the cost to produce gold has skyrocketed over the past two decades, the mining industry has hidden certain costs by placing them in their capital expenditures. This has lowered their "Cost o… read more...

Gold Investment Wanes

via: SeekingAlpha at 2018-07-21 05:28:41:000

Gold's summer doldrums are dragging on this year, with this asset slumping longer and lower than usual. Several converging factors are responsible. The stronger dollar has convinced gold-futures speculators to sell aggressively, and gold's downside momentum has fed on itself. Investment demand… read more...

The Downside Case For Gold - David Brady, CFA (19/07/2018)

via: SeekingAlpha at 2018-07-20 07:30:50:000

By David Brady, CFA Many traders have been complaining recently about the relentless fall in Gold - and rightfully so - seeing it lower every time they open their screens in the morning. Despite having already fallen ~$158 from its peak at 1369 in April, I am, as usual, seeing an increasin… read more...

Getting Their Pound Of Flesh - Precious Metals Supply And Demand

via: SeekingAlpha at 2018-07-20 04:33:11:000

Regulated to Death The price of gold fell $13, and that of silver $0.23. Perspective: if you're waiting for the right moment to buy, the market now offers you a better deal than it did last week. If you wanted to sell, this wasn't a good week to wait. Which is your intention, and why? We … read more...

Gold Price Seasonality: What May Happen In July 2018?

via: SeekingAlpha at 2018-07-20 02:17:09:000

The gold price continues to take a hit as the summer doldrums effect kicks in. The summer is typically the low of the years for precious metals, at least that's what seasonality shows. Will this year be any different? Is gold setting up for a major buy opportunity? Let's revise the gold price… read more...

Something Really Weird Is Happening In Gold Mining Stocks

via: SeekingAlpha at 2018-07-19 10:32:04:000

Well this is something new! From market open on July 17 th at 9:30am until 40 minutes later at 10:10am, over 76 million shares of the triple leveraged gold miners bull fund ( NUGT ) changed hands. Overall, 82,352,896 shares were traded, most of it within those 40 minutes. At an average price … read more...

S&P 500 And Gold: Breaking The Big Picture Into Smaller Frames Is A Must And A FAANG Too

via: SeekingAlpha at 2018-07-19 08:58:06:000

Background In our recent " Never Say Never Again " article we presented some of the most amazing divergences of the past two decades. One of the divergences we touched upon was the S&P 500 ( SPY ) versus Gold ( GLD ). To wit: About seven years ago the SPDR Gold Trust ETF was t… read more...

Gold Bugs Vs. Stock Market Bulls

via: SeekingAlpha at 2018-07-19 04:01:28:000

Which is the better investment: Gold or Stocks? It's a battle as old as markets. Gold Bugs and Stock Market Bulls are equally fervent about their investment of choice, often with complete disdain for the other side. The story (since the gold standard was completely abandoned in 1971) goe… read more...

GLD Bulls: Is The U.S. Dollar Your Enemy Or Your Frenemy?

via: SeekingAlpha at 2018-07-18 22:12:27:000

Source With the rising popularity of the internet as a form of daily communication, we have seen a growing number of trendy vocabulary items exacerbate the social trend. One term the kids seem to be enjoying these days deals with the concept of the frenemy, which Merriam… read more...

Gold-Backed Bonds - An Idea Whose Time Has Come

via: SeekingAlpha at 2018-07-18 06:23:32:000

Keith Weiner and Michael Oliver return as guests on this week's radio program. Keith provides serious thoughts about an inevitable monetary reset triggered by Keynesian economics that has not only destroyed capital but also forbidden currency price discovery and explains why he expects a… read more...

Gold, Dollar And Repo: Who Cares About Taper Or QE?

via: SeekingAlpha at 2018-07-18 06:15:20:000

It's funny how these things work. He didn't actually say the word "taper," at least not when the frenzy first started. The very idea of the "taper tantrum" was the media's work - the easy slogan that could be used as shorthand for the conventional explanation. The economy was improving, everyo… read more...

Gold Is Teetering On The Brink - Big Move Could Be On The Horizon

via: SeekingAlpha at 2018-07-18 06:00:00:000

I began my trading career as a commodities options trader in the precious metals department at what was one of the world's leading bullion dealers in the 1980s. After graduating college in 1981, I worked at Philipp Brothers, a merchant in the world of raw materials. In 1981, at the start of … read more...

Gold slumps to lowest in a year after upbeat Powell testimony

via: SeekingAlpha at 2018-07-17 14:22:14:000

Gold futures fall to another one-year low as the U.S. dollar rose following testimony from Fed Chairman Powell that supported continued gradual increases in interest rates. More news on: SPDR Gold Trust ETF, VanEck Vectors Gold Miners ETF, Direxion Daily Gold Miners Index Bull 3x Shares… read more...

Why Gold Prices Could Rebound

via: SeekingAlpha at 2018-07-17 11:21:17:000

Back in May , I argued that gold prices would be heading downwards in the months ahead. At the time, gold was trading at a level of $1,324. Since then, we have seen the metal descend to a price of $1240: Source: investing.com The reason for the drop has not been surprising, owing to… read more...

Bitcoin - $16,000 To $28,000 By Year-End

via: SeekingAlpha at 2018-07-17 09:47:28:000

Breakout! Or is it? Bitcoin ( BTC-USD ) ( COIN ) ( GBTC ) seems to have finally hit bottom and broken out from its six month downtrend. I have written four bitcoin articles with the first, third, and fourth including many experimental pricing models. Bitcoin: Tales From The Crypt And Futu… read more...

Stay Away From Natural Gas Stocks - Cramer's Lightning Round (7/16/18)

via: SeekingAlpha at 2018-07-17 06:41:10:000

Stocks discussed on the Lightning Round segment of Jim Cramer's Mad Money Program, Monday, July 16. Bullish Calls Children's Place (PLCE): Don't judge based on one bad quarter. CEO Jane Elfers is doing a great job. It's too low and is worth buying. Dynavax Technologies (DVAX): The stoc… read more...

Keeping Your DUST From Going Bust

via: SeekingAlpha at 2018-07-17 05:57:26:000

DUST bets against gold miners (Photo credit: James Hodgins ) I Would Still Avoid Dust Here Back in March, I suggested avoiding the The Direxion Daily Gold Miners Index Bear 3x Shares ETF ( DUST ) even though it passed Portfolio Armor's two screens to avoid bad investments, because its… read more...

Metals Investors: Buy GDX, Not GLD

via: SeekingAlpha at 2018-07-17 04:01:44:000

Source As the summer progresses, many investors with exposure in precious metals have found themselves in a quandary. Most of the traditionally bullish drivers that should be creating rallies in the SPDR Gold Trust ETF (NYSEARCA: GLD ) have not had the desired impact - and the effec… read more...

Why Precious Metals Won't Catch A Break

via: SeekingAlpha at 2018-07-16 18:40:32:000

Before we begin we must admit we are long-term bulls on Gold ( GLD ) and Silver ( SLV ). We hold long positions of both in our portfolio and have been baffled by recent dismal returns. One of the most popular bullish arguments for gold is rising inflation. Indeed, inflation is at six-year high… read more...

Putting Gold's Decline Into Perspective

via: SeekingAlpha at 2018-07-16 14:51:27:000

The gold price continues to face stiff headwinds from a strong dollar and the liquidation of all assets perceived as risky by emerging market investors. Right now gold is included in that list despite its perception by many as a safe haven. In todays report we… read more...

Never Say Never Again: Some Of The Most Amazing Divergences Over The Past 25 Years

via: SeekingAlpha at 2018-07-16 07:15:35:000

In my last FAANG -related article 's thread there was a discussion regarding the longevity and sustainability of certain leading companies from very different sectors - Facebook ( FB ) versus Wal-Mart ( WMT ). If I'm to sum up the discussion it evolves about three main questions: Withi… read more...

How Bonds May Be Setting Up Bullishly (Here Comes Goldilocks?)

via: SeekingAlpha at 2018-07-16 05:37:33:000

Introduction - why this matters From the perspective of a US-based investor, this might be the beginning of yet another - and completely unexpected - 'Goldilocks' move in the markets. We had one such move in 1995, again in 1997-8, again in 2004-5, and more than once after the Great Recessi… read more...

Dual Momentum July Update

via: SeekingAlpha at 2018-07-16 05:36:35:000

Scott's Investments provides a free "Dual ETF Momentum" spreadsheet which was originally created in February 2013. The strategy was inspired by a paper written by Gary Antonacci and available on Optimal Momentum. Antonacci's book, Dual Momentum Investing: An Innovative Strategy for Higher Ret… read more...

Using The Variance Risk Premium To Predict Futures Markets

via: SeekingAlpha at 2018-07-16 03:27:26:000

A new study of volatility in commodity prices indicates that both the total and the decomposed variance risk premiums of at least certain commodities markets contain information with predictive power. The variance risk premium is the payoff of the synthetic variance swap contract. Specifical… read more...

WTF Just Happened? Stock Market Ignores Escalating Trade War And Spent U.S. Consumer

via: SeekingAlpha at 2018-07-16 03:18:37:000

Every month Government, corporate and household debt hits a new all-time high. The entire financial system is heading down an unsustainable path of debt issuance. The delinquency rate for auto and credit card debt is already at levels last seen in late 2008. The only reason the banks are not o… read more...

Trade War Delirium: We're All Afflicted

via: SeekingAlpha at 2018-07-15 22:50:55:000

I talk to a lot of financial journalists and as regular readers know, I also talk to a lot of traders and analysts at the banks. While I'm sure the higher-ups at the major media outlets are enjoying the trade war circus to the extent it gives them fodder for stories, and while increased vola… read more...

Our Speculative Position Review On Gold, Silver, Platinum, And Palladium

via: SeekingAlpha at 2018-07-15 08:34:38:000

The latest Commitment of Traders ((COT)) report, showed gold speculators increased both their long and short positions by minimal amounts for the week. In contrast, Commercial gold entities cut both their long and short positions on the week. This suggests that currently the gold trade is bein… read more...

Sentiment Speaks: Gold Bears Are Roaring Louder

via: SeekingAlpha at 2018-07-15 08:01:00:000

For those that follow me regularly, you will know that I have been tracking a set-up for the SPDR Gold Trust ETF (NYSEARCA:GLD), which I analyze as a proxy for the gold market. I also believe that gold can outperform the general equity market once we confirm a long-term break out has begun. … read more...

The Last Chance Saloon For Gold

via: SeekingAlpha at 2018-07-13 13:52:33:000

The window opportunity for a relief rally in the gold market we've talked about lately is diminishing but hasn't closed yet. As I'll argue here, gold needs to rally now in order to encourage the bulls or else risk suffering the same fate as the Japanese yen did this week. Meanwhile the technic… read more...

The Last Chance Saloon For Gold

via: SeekingAlpha at 2018-07-13 13:52:33:000

The window opportunity for a relief rally in the gold market we've talked about lately is diminishing but hasn't closed yet. As I'll argue here, gold needs to rally now in order to encourage the bulls or else risk suffering the same fate as the Japanese yen did this week. Meanwhile the technic… read more...

Now Is Not The Time To Buy GLD

via: SeekingAlpha at 2018-07-13 10:52:36:000

Source Over the last five years, long positions in the SPDR Gold Shares Trust (GLD) have left much to be desired. The dominant precious metals ETF has posted losses of nearly 5% during this period and shown clear inferiority when compared to similar instruments tied to the value of the NAS… read more...

Now Is Not The Time To Buy GLD

via: SeekingAlpha at 2018-07-13 10:52:36:000

Source Over the last five years, long positions in the SPDR Gold Shares Trust (GLD) have left much to be desired. The dominant precious metals ETF has posted losses of nearly 5% during this period and shown clear inferiority when compared to similar instruments tied to the value of the NAS… read more...

On Pensions, Inflation, And Your Portfolio

via: SeekingAlpha at 2018-07-13 08:45:00:000

Over the past five years, the commodity market has garnered little positive attention relative to stocks and bonds. Quantitative easing failed to spur large inflation as many analysts predicted, and that "easy money" only increased financial asset inflation. We believe the reason was simple,… read more...

On Pensions, Inflation, And Your Portfolio

via: SeekingAlpha at 2018-07-13 08:45:00:000

Over the past five years, the commodity market has garnered little positive attention relative to stocks and bonds. Quantitative easing failed to spur large inflation as many analysts predicted, and that "easy money" only increased financial asset inflation. We believe the reason was simple,… read more...

Did Gold Find A Very Significant Bottom?

via: SeekingAlpha at 2018-07-13 06:30:00:000

Gold had been making higher lows since December 2015 when the price fell to the lowest level since February 2010 at $1046.20 per ounce. The low during the final month of 2015 was only $1 above the 2010 bottom when the yellow metal was on its way to its all-time nominal peak at $1920.70 per oun… read more...

Did Gold Find A Very Significant Bottom?

via: SeekingAlpha at 2018-07-13 06:30:00:000

Gold had been making higher lows since December 2015 when the price fell to the lowest level since February 2010 at $1046.20 per ounce. The low during the final month of 2015 was only $1 above the 2010 bottom when the yellow metal was on its way to its all-time nominal peak at $1920.70 per oun… read more...

Gold Price Framework Vol. 2: The Energy Side Of The Equation - Part II

via: SeekingAlpha at 2018-07-12 07:45:34:000

In this second part of our updated gold price framework we take a deep dive into the true energy exposure of gold mining companies. We find that gold miners are not just exposed to significant direct energy costs such as fuels and power; their indirect energy exposure is even larger. Our botto… read more...

Gold, Silver, And So Much More

via: SeekingAlpha at 2018-07-11 14:14:33:000

Although I usually write about the precious metals markets, we regularly apply the Equity Management Academy's ( EMA ) proprietary Variable Changing Price Momentum Indicator (VC PMI) to dozens of financial and commodity markets. The artificial intelligence algorithm was developed by Patrick Mo… read more...

Time To Short Gold Again?

via: SeekingAlpha at 2018-07-11 12:38:06:000

We've been short gold (GLD) since April and have since added to the position, which has so far worked out well for us. The precious metal is now at a major inflection point. It recently broke below its 5-year inverted H&S pattern (chart below is a monthly). If it doesn't reverse … read more...

Capitulation And Currency Pain - Precious Metals Supply And Demand

via: SeekingAlpha at 2018-07-11 06:49:54:000

Waving the White Flag The price of gold rose two bucks last week, though the price of silver fell 10 cents. We have seen several analyses recently predicting big price drops, in one case by at least $500 in gold by the end of the year. Is this what capitulation looks like? It's said they… read more...

Will Gold Hold?

via: SeekingAlpha at 2018-07-11 03:39:13:000

Gold (NYSEARCA: GLD ) bulls have had a rough go of it for a few years now. I've shared my skepticism on this market in a variety of articles here at Seeking Alpha since early 2017. Over a year later, I continue to stress the concept of deciphering where we are the overall cycle. Although thi… read more...

Gold - Macroeconomic Fundamentals Improve

via: SeekingAlpha at 2018-07-10 21:37:35:000

By Pater Tenebrarum The eternal popularity contest… The list of gold fundamentals that have improved is short, but at least there is now such a list: Credit spreads: European high yield spreads have broken out to the upside. In the US, high yield spreads are better behave... read more...

The Current Message From The Most Useful Sentiment Indicator

via: SeekingAlpha at 2018-07-10 20:45:27:000

Editor's note: Originally published at tsi-blog.com on July 10, 2018. As I've noted in the past, the Commitments of Traders ((COT)) information is nothing other than a sentiment indicator. Moreover, for some markets, including gold, silver, copper, the major currencies and Treasury b… read more...

Is Gold Forming A Bottom Or Consolidating For Another Low?

via: SeekingAlpha at 2018-07-10 16:05:02:000

It has been a difficult three months for gold bulls. After peaking once again near $1,370 per ounce, gold has experienced a steady decline over the past by as much as $130 per ounce (nearly 10%). Over the past week, gold has been forming what might in hindsight look like a bottom, but it will … read more...

Gold Returns To Its "Fairly-Odd Behavior"

via: SeekingAlpha at 2018-07-10 09:32:04:000

Gold normally correlates negatively to the dollar, the USD/JPY FOREX ratio, and interest rates, while correlating positively to inflation expectations (as measured by TIP). Earlier this year (see here ), the correlations of gold with interest rates and inflation reversed, while the correlat… read more...

Gold - A Market In Motion

via: SeekingAlpha at 2018-07-10 08:02:18:000

By Christ opher Aaron It is our hope that you will understand the scope and place of these articles in your own investment decisions. There are dozens if not hundreds of sources that you may choose to turn to each week to read theories on why gold prices may rise , why stock markets … read more...

Platinum Quietly Moved To The Lowest Price In A Decade

via: SeekingAlpha at 2018-07-10 08:00:00:000

In March 2008, platinum reached its all-time high on the NYMEX futures market when the price of the precious metal hit $2308.80 per ounce. The steep ascent of the rare metal that is more than ten times rarer than gold when it comes to annual production began in October 2006 at $1059.60. In a l… read more...

The Gold Sector Remains At An Interesting Juncture

via: SeekingAlpha at 2018-07-10 07:23:08:000

By Pater Tenebrarum Technical Divergence Successfully Maintained In an update on gold and gold stocks in mid-June, we pointed out that a number of interesting divergences had emerged which traditionally represent a heads-up indicating a trend change is close (see the article " Gold Diver… read more...

Fed Minutes Indicate That 2 Rate Hikes Are Not A Certainty

via: SeekingAlpha at 2018-07-10 07:00:00:000

Last week, amid all the hoopla of trade issues and the July fourth holiday in the U.S. the Federal Reserve Open Market Committee, released the minutes of their June meeting where they hiked the Fed Funds rate by twenty-five basis points. The June meeting struck a particularly hawkish chord wit… read more...

Markets And Tariff Wars

via: SeekingAlpha at 2018-07-10 02:08:19:000

Produced by Read more … read more...

Leveraged ETF Decays - Update

via: SeekingAlpha at 2018-07-09 13:07:29:000

I measure once a month the decay of major leveraged ETFs. It may be useful for anyone using leveraged ETFs for investing, trading, or hedging. Where does the decay come from? Most of the time, a leveraged ETF does worse than the underlying asset leveraged by the same factor. This relativ… read more...

Gold: Still No Demand, And The Very Long-Term Trend Is Poised For Multi-Year Lows

via: SeekingAlpha at 2018-07-09 10:34:05:000

Longtime readers know I have been bearish on gold ( GLD ) for many years now. Initially, because I wrote off the argument of inflation, and that the Fed would dilute the dollar (and all associated conspiracy theories). However, as the years progressed, my bearish stance had more to do with… read more...

Why Has Gold Not Lived Up To Its Status As A Safe Haven?

via: SeekingAlpha at 2018-07-09 05:46:05:000

Original Post By Stuart Burns Stock markets in New York, London and Shanghai have been sliding for a month now since President Donald Trump unleashed a trade war on the U.S.'s trading partners in an effort to reset terms seen as unfair by Washington. Normally, as stock markets… read more...

WTF Just Happened? Gold: Buy While There's Blood In The Street

via: SeekingAlpha at 2018-07-09 05:30:30:000

Perhaps the best contrarian indicator for the directional movement of gold and silver is Dennis "Wrong Way" Gartman, who recently announced that he was dumping all of his gold "positions" (Note: Gartman's "positions" are theoretical paper portfolio trades): As for gold, we have clearly held… read more...

This Week In Money - July 7, 2018

via: SeekingAlpha at 2018-07-08 02:09:25:000

Rick Rule Gold, Silver, USD, Uraniuim, Oil and NAFTA. Wolf Richter Automotive Sector, Tariffs, Interest Rates, Real Estate. Larry Reaugh - President & CEO of American Manganese Inc. Produced by Read more … read more...

Gold And Silver Go High Tech: SchiffGold Friday Gold Wrap 07.06.18

via: SeekingAlpha at 2018-07-08 02:05:39:000

By SchiffGold The SchiffGold Friday Gold Wrap podcast combines a succinct summary of the weeks precious metals news coupled with thoughtful analysis. In this episode of the SchiffGold Friday Gold Wrap, host Mike Maharrey focuses on some demand fundamentals as he discus… read more...

Gold Selling Exhausting

via: SeekingAlpha at 2018-07-07 05:06:40:000

Gold has been afflicted by relentless selling over the past few weeks or so, forcing it to major lows. While summer-doldrums weakness is typical, golds recent drop is on the large side even for this time of the year. It was fueled by truly extreme short selling by gold-futures speculat… read more...

U.S. Fund-Flows Weekly Report: Funds Suffer Net Outflows For The Fourth Straight Week

via: SeekingAlpha at 2018-07-07 03:10:42:000

By Patrick Keon Thomson Reuters Lipper's fund asset groups (including both mutual funds and ETFs) had net-negative flows of approximately $10.5 billion for the fund-flows week ended Tuesday, July 3. All the asset groups saw net money leave their coffers, with equity funds taking the bigges… read more...

The End Of Quantitative Easing And Gold

via: SeekingAlpha at 2018-07-06 20:26:46:000

June was hot for the central banks. The Federal Reserve lifted the federal funds rate for the second time this year, while the European Central Bank announced that it would end its bond purchase program by the end of 2018. It would mean another step towards normalization of the crisis-era mone… read more...

Gold - This Is The Bottom, Buy Into The Sector Now

via: SeekingAlpha at 2018-07-06 15:24:31:000

From the last important high at $1,365 on April 11th, gold prices moved into a nearly three-month downtrend. Especially since June 14th, gold prices were sliding down 13 trading days in a row without any significant countermovement. But due to this strong sell-off in June, gold found a bottom … read more...

Remain Bullish On Gold Even As Interest Rates Trend Higher

via: SeekingAlpha at 2018-07-06 13:14:40:000

Introduction To Bullish Thesis On Gold As an asset class, gold has been an underperformer over the last few years. Returns from the precious metal have been 8.1% in three years, and it has given negative returns of 2.4% in YTD '18. One perspective can be that gold is in a phase of prolon… read more...

Labor force participation leads to big jump in unemployment rate

via: SeekingAlpha at 2018-07-06 08:44:45:000

First taking a look at the establishment data , 213K jobs were added in June vs. expectations for 200K. Revisions added a total of 37K jobs to the April and May reports. We'll call things on this front a modest beat. More news on: iShares 20+ Year Treasury Bond ETF, ProShares UltraShort 2… read more...

Top 10 Countries With Largest Gold Reserves

via: SeekingAlpha at 2018-07-06 08:42:18:000

Beginning in 2010, central banks around the world turned from being net sellers of gold to net buyers of gold. Last year official sector activity rose 36 percent to 366 tonnes a substantial increase from 2016. The top 10 central banks with the largest gold reserves have remained mos… read more...

Black Holes For Capital - Precious Metals Supply And Demand

via: SeekingAlpha at 2018-07-06 05:38:45:000

Race to the Bottom Last week the price of gold fell $17, and that of silver $0.30. Why? We can tell you about the fundamentals. We can show charts of the basis. But we can't get into the heads of the sellers. Other people's fiat: in the global race to the bottom, it was recently the turn o… read more...

The Debt Threat And Gold

via: SeekingAlpha at 2018-07-05 14:30:47:000

In the latest edition of the Market Overview, we have analyzed the risk related to the rising U.S. public debt and private leverage . This month, we will adopt a more global perspective. Until recently, thanks to the synchronized worldwide growth, it was easy to lose sight of the elephant in … read more...

The Gold ETF Holds 'Reversion To The Mean', Commodities Poised To Pop, Dollar Now Overbought

via: SeekingAlpha at 2018-07-05 11:45:34:000

Here are the weekly charts and the key levels for the remainder of 2018 for commodities and dollar exchange-traded funds. The gold trust ETF tracks the spot price of gold and are said to be backed by gold bars in vaults in London. SPDR Gold Trust (GLD) The Gold ETF ($118.65 on Ju… read more...

Gold: 6 Reasons A Bottom Could Be Near And Why Prices May Go Substantially Higher

via: SeekingAlpha at 2018-07-05 09:35:06:000

Source: MoneyControl.com A Bottom is Near and Prices Likely to Start Going Higher Gold/SPDR Gold Shares ( GLD ) has been under significant pressure in recent weeks and months. In fact, gold has dropped by about 10% since hitting an extended top around the $1,360-1,370 level. Moreover, go… read more...

Gold's True Fundamentals Turn Bullish

via: SeekingAlpha at 2018-07-05 07:25:17:000

Editor's note: Originally published at tsi-blog.com on July 5, 2018. I update gold's true fundamentals* every week in commentaries and charts at the TSI web site, but my most recent blog post on the topic was on 30th April. At that time the fundamental backdrop was gold-bearish, bu… read more...

Silver - The One Year Anniversary Of A Flash Crash

via: SeekingAlpha at 2018-07-05 06:45:00:000

The silver market has been relatively calm in 2018. The rallies have taken the stairs to the upside, and even the most recent elevator ride lower on June 15 did not create too much havoc. The move that took September COMEX silver futures to a high of $17.43 per ounce on June 14 fell short of… read more...

Goldshares Dawning X-Large Jump

via: SeekingAlpha at 2018-07-05 05:49:34:000

Source Gold Mining and Silver Mining Shares Have Become Abandoned Assets Just like Facebook or Twitter buddies who exist in theory but never respond to your comments, the shares of precious metals producers have become almost completely forgotten by the investment community. Most inves… read more...

Too Early To Write Obituary For Gold

via: SeekingAlpha at 2018-07-05 04:03:26:000

Gold recently formed a bearish technical signal called a "death cross pattern," leaving some investors fearful that the price has nowhere to go but down. Bart Melek, Global Head of Commodity Strategy, TD Securities , explains how central bank signals, trade discussions and currency moves… read more...

Your Summer ETF Reading List

via: SeekingAlpha at 2018-07-04 07:57:08:000

Buy one, sell two and you're done! We've reached the mid-year point, a time typically for reflection. Lots of columns have already been written on investments' first semester results, so I won't add to them. I'd rather focus on prospects for the rest of the year. And I'll keep it short. I … read more...

Things Are Lining Up Nicely For Gold And Silver

via: SeekingAlpha at 2018-07-04 07:55:09:000

Beginning in early Spring, gold and silver faced two serious headwinds: Seasonality - that is, the annual decline in bullion demand from China and India once wedding season ends - and the internal structure of the futures markets, where the big players in gold had lined up in ways that histori… read more...

Why You Shouldn't Give Up On Gold: SchiffGold Friday Gold Wrap 06.29.18

via: SeekingAlpha at 2018-07-04 06:16:17:000

Originally published on June 29, 2018 By SchiffGold The SchiffGold Friday Gold Wrap podcast combines a succinct summary of the week's precious metals news coupled with thoughtful analysis. The price of gold dropped to six-month lows this week. A lot of people are pretty bearish … read more...

The Problem For Gold In The Trade War

via: SeekingAlpha at 2018-07-04 03:55:00:000

By Blu Putnam Gold prices are continuing to move lower. The yellow metal is often used for portfolio diversification or as a hedge against global political and economic tensions. This time around, though, gold just has not been a useful hedge for the trade war, with the declaration of ta… read more...

A Summer Of Discontent For Precious Metals?

via: SeekingAlpha at 2018-07-03 06:30:00:000

The first two lines of William Shakespeares Richard III are: Now is the winter of our discontent Made glorious summer by this sun of York If Shakespeare was writing about the precious metals market at the start of July the lines might have gone something like this: … read more...

Gold: Numbers To Watch On The Upside

via: SeekingAlpha at 2018-07-03 02:02:46:000

Are there numbers not far above that suggest an upturn? Yes. This decline has aged six months since its peak monthly momentum readings in January. (Monthly momentum appears ahead.) That alone is a factor to note, as it's rare for a monthly oscillator to acquire seven months of upside or … read more...

First Half 2018 Asset Class Performance Matrix

via: SeekingAlpha at 2018-07-03 00:41:51:000

Below is our total return matrix highlighting the performance of various asset classes during the first half of 2018 from the perspective of a US investor focused on ETFs. At the halfway point of 2018, small-caps have trumped large-caps, while growth has crushed value. Looking at sectors, Co… read more...

Momentum Portfolio July Update

via: SeekingAlpha at 2018-07-03 00:37:18:000

In 2011, Scott's Investments began tracking a momentum portfolio which ranks a basket of ETFs based on price momentum and volatility. In 2014, I also introduced a pure momentum system, which ranked the same basket of ETFs based solely on price momentum. Both strategies have undergone minor rev… read more...

Metals maintain their slump; copper hits lowest in nearly a year

via: SeekingAlpha at 2018-07-02 18:41:59:000

Copper continues its recent slide, with Comex copper for September delivery settling -0.7% at $2.944/lb. to its lowest level since July 2017 , as manufacturing activity in both China and the eurozone appears to have slowed in June, raising concerns over the effect of the intensifying trad… read more...

Assessing The Impact Of Safe-Haven Treasury Flows

via: SeekingAlpha at 2018-07-02 09:11:42:000

Risk-on versus risk-off has been a factor in the treasuries market recently - the question is how important is it to treasury prices? I will breakdown nominal ten-year yields into two components to find out. Bond prices have short-term rallied (10Y yields fell from 3.11% down to 2.86%) on glob… read more...

Massive Growth In Speculative Gold Position - Is It Time To Buy Gold?

via: SeekingAlpha at 2018-06-30 13:29:54:000

The latest Commitment of Traders ((COT)) report showed gold speculators increased their short position for a second straight week by a massive 20,000 contracts while longs increased their own positions by a slight 1,200 contracts. Unlike in our article a few weeks ago where we mentioned the m… read more...

Massive Growth In Speculative Gold Position - Is It Time To Buy Gold?

via: SeekingAlpha at 2018-06-30 13:29:54:000

The latest Commitment of Traders ((COT)) report showed gold speculators increased their short position for a second straight week by a massive 20,000 contracts while longs increased their own positions by a slight 1,200 contracts. Unlike in our article a few weeks ago where we mentioned the m… read more...

How Long Can This Last?

via: SeekingAlpha at 2018-06-29 19:47:58:000

Yields are rising. The global economy has adapted so far without any major problems. So far. But how long can this last? And what does it ultimately mean for the gold market? Lets look at the chart below. As one can see, the U.S. long-term interest rates have been rising since Septem… read more...

Discussion On Gold - From Price To Portfolio Exposure

via: SeekingAlpha at 2018-06-29 15:04:08:000

Investing in gold ( GDL ) is dangerous. It is easy to get carried away by the many bull theses and become a gold bug. I am not saying it is not possible for gold to get to $5,000 or even $10,000. I am just saying that the investing theory might be right, but the timing might be wrong. Ther… read more...

The One Thing That Will Stop Gold's Bleeding

via: SeekingAlpha at 2018-06-29 12:47:39:000

For the last four sessions, the price of gold has fallen and closed at new lows for the year. Weve talked all week about how gold cant seem to get a foothold despite having several prospective hooks for attracting safe haven demand among investors. In today&#x20… read more...

Trade War - 4 Strategies To Protect Your Portfolio

via: SeekingAlpha at 2018-06-29 08:30:00:000

Photo Source Trade tensions seem to escalate with each White House statement or tweet from the President. It seems there are new threats every day, from the tit-for-tat between the U.S. and China that could lead to tariffs on hundreds of billions of dollars' worth of goods , to targetin… read more...

Irrational Beliefs Are Ruling Markets

via: SeekingAlpha at 2018-06-29 07:17:06:000

To understand the consequences of the credit cycle, we must dismiss pure opinion, and examine the evidence rationally. This article assesses the fate of the dollar on the next credit crisis, a subject of increasing topicality. It concludes that the late stage of the credit cycle has important… read more...

Gold Continues To Melt

via: SeekingAlpha at 2018-06-28 17:27:32:000

Gold has a long history as an asset that thrives during periods of fear and uncertainty in markets. The yellow metal is a barometer for inflationary pressures, but it is also the longest-standing currency or means of exchange in the world. Since the first human laid eyes on the shiny metal a… read more...

Gold: The Chinese Connection - David Brady (27/06/2018)

via: SeekingAlpha at 2018-06-28 11:16:16:000

By David Brady Unless you have been under a rock for the past few months, you know there is an escalating trade war going on between the U.S. and China. The U.S. is imposing tariffs on Chinese products, and China is responding in kind. But the Chinese have more retaliatory options availabl… read more...

Future Supply For Gold And Silver Is Horrendous

via: SeekingAlpha at 2018-06-28 08:23:40:000

SBTV spoke with Daniel Ameduri of Future Money Trends to discuss gold, silver, mining stocks and the future for cryptocurrencies. Daniel also shares about how silver demand from electric vehicle applications and renewable energy will rise. Discussed in this interview: 02:05 Gold p… read more...

As The Yield Curve Flattens - Craig Hemke (27/06/2018)

via: SeekingAlpha at 2018-06-28 08:00:14:000

By Craig Hemke For the reasons we've discussed over the past several years, the U.S. yield curve continues to flatten, with Wednesday seeing new 11-year low spreads. As you know by now, this has significant long-term implications. Let's start with the latest update. Below are snapshots o… read more...

Looking For An Investment Bargain

via: SeekingAlpha at 2018-06-28 05:55:55:000

By Jerry Wagner Everyone wants a lower price. For years, American capitalism has relentlessly driven prices lower on just about everything. First there was Kmart, then Walmart (WMT), and now Amazon (AMZN). Each new giant retailer has based their growth on offering lower prices. Have yo… read more...

Gold ETF Slips Further, Commodities On The Rise Again As Dollar Strength Continues

via: SeekingAlpha at 2018-06-28 02:30:44:000

Here are the weekly charts and key levels for commodities and dollar exchange-traded funds. The gold shares ETF tracks the spot price of gold and is said to be backed by gold bars in vaults in London. SPDR Gold Trust ETF (GLD) GLD ($119.26 on June 26) is down 3.6% year to date and is… read more...

Social Mood Points To Topping Market

via: SeekingAlpha at 2018-06-27 09:27:19:000

Most investors think news drives stock prices. If a company announces good news, the stock should rise. Bad news should make it fall. When the market behaves opposite to expectations, investors are confused, some going so far as to claim manipulation. Even genuine surprises that aren't affecte… read more...

$50,000 Gold? Has Doug Lost His Mind? (Doug Eberhardt)

via: SeekingAlpha at 2018-06-27 08:27:54:000

The story behind the interview: Doug Eberhardt recently wrote an article referencing a prediction that gold ( GLD ) would reach $50,000. I highly respect Doug's views on gold and was eager to follow-up on his article. He was kind enough to join me for further discussion. For those who … read more...

Emerging Markets And Bitcoin To Benefit Gold

via: SeekingAlpha at 2018-06-27 06:58:31:000

The past two months have not been good for gold ( GLD ) investors as prices have shown nothing but steady declines over the period (with one brief upswing) and now rest at below $1260/oz. There are also signs that prices of the yellow metal could decline even further. Still though, there are r… read more...

Bill King Part 2: 'The Everything Bubble Will Pop'

via: SeekingAlpha at 2018-06-27 06:03:35:000

Despite the quiet price on gold, there are current serious gold buyers bidding this market. Wall Street is now automated - fewer humans & more robots. Russia didn't need to hack Hillary - they had her password! We discuss new stewardship of monetary policy as well as the impact of automati… read more...

Crescat Capital End Of June 2018 Update

via: SeekingAlpha at 2018-06-27 05:48:52:000

Read more … read more...

Lift-Off Postponement - Precious Metals Supply And Demand

via: SeekingAlpha at 2018-06-27 05:26:53:000

No Schedule for the Dollar's Demise A few weeks ago, we said: "This is not an environment for a Lift-Off Event" Illustration of different types of lift-off events one may encounter. [PT] Sure enough, last week the price of gold was down $9 and that of silver down 11 cents. And now … read more...

The Money Of Metals; Or, Inferring Collateral Beyond Repo

via: SeekingAlpha at 2018-06-27 05:17:39:000

It has been a wild month for copper. June began normal enough for the metal, with the front month futures price (HG1) still ~$3.05 where it had traded since early March. Then, out of nowhere, the price surged. Starting June 4, in a matter of days HG1 was just less than $3.30. It was the highes… read more...

The Money Of Metals; More Gold Beyond Repo

via: SeekingAlpha at 2018-06-27 05:07:17:000

In all honesty, I do mean to beat this one particular dead horse. In fact, I intend to pulverize it until there is nothing left but the smallest particulate matter. This is everything that is wrong with how things are right now. Either they are willing to put out what could only be legitimat… read more...

No Rest For The Weary As Gold Continues Slide

via: SeekingAlpha at 2018-06-26 12:54:59:000

Sometimes you just cant catch a break when you need one the most. Thats the feeling one gets when evaluating golds recent price performance. Despite a major case of the jitters on the part of global investors, gold isnt receiving the benefit of increasing fear. … read more...

Gold Approaches Critical Support

via: SeekingAlpha at 2018-06-26 10:28:25:000

By Christ opher Aaron For the week in sum (6/18/2018 - 6/22/2018), gold finished lower by 0.6% or $8 to close at $1,271 as of the final trade on the New York COMEX futures market on Friday afternoon. Failed Support Turns to Resistance The power of the principle: failed suppor… read more...

Will Italy Sink The EU And Boost Gold?

via: SeekingAlpha at 2018-06-26 09:06:26:000

The recent growth acceleration in the EU could distract attention from problems of the common bloc. Fortunately, you can always count on Italy. Whenever you start thinking that only a bright future is ahead of the union, the descendants of the proud Romans remind about themselves. Indeed, It… read more...

Gold To Tumble Further

via: SeekingAlpha at 2018-06-26 08:46:53:000

In my last article , I was bearish on gold as I expected it to tumble to the $1,263 mark. This happened as the commodity last week plunged to the $1,260 level. After reaching this level, the bulls have made a trifling attempt to recoup their losses that has resulted in the commodity prese… read more...

Gold: Grace Under Pressure In A Slew Of Fed Rate Hikes

via: SeekingAlpha at 2018-06-26 08:30:27:000

Image source: Getty Images Investment Thesis The U.S. Federal Reserve showed optimism on the impact of the fiscal policy on the ability of the U.S. economy to withstand shocks. Historically, U.S. Fed economists have warned that the outlook was uncertain. However, the U.S. Fed has alr… read more...

Short Gold Thesis Playing Out

via: SeekingAlpha at 2018-06-26 05:44:47:000

Gold Price in US Dollars data by YCharts Gold and metals are trending downward recently, while trade tensions are dominating the headlines. Trump and the team of U.S. trade advisors seem to believe it is best to potentially suffer short-term economic pain in order to fight back on longe… read more...

If Bitcoin's Rise Was Bad For Gold, Will Its Fall Be Good?

via: SeekingAlpha at 2018-06-26 03:21:43:000

After an artificial pause in 2017, US government debt has resumed its inexorable climb… ... the dollar has fallen by around 5%... ... and inflation - even the massaged-beyond-recognition Consumer Price Index ((CPI)) - has shifted to a higher gear, driven by rising oil . All of which... read more...

Not Out Of The Weeds Yet

via: SeekingAlpha at 2018-06-26 01:57:06:000

By Stephen Innes After yet another Monday morning equity meltdown in Asia and an equally poor showing across global equity markets, President Trump's lieutenants Mnuchin and Navarro issued an unequivocal denial the US is considering investment restriction on China. US equity markets have s… read more...

Gold Weekly: Ready For Takeoff

via: SeekingAlpha at 2018-06-25 18:44:48:000

Source: Pinterest. Introduction Welcome to my Gold Weekly. In this report, I wish to discuss mainly my views about the gold market through the GraniteShares Gold Trust ETF ( BAR ). To do so, I analyse the recent changes in speculative positions on the Comex (based on the CFTC ) and … read more...

Baltic Dry Index Shows Healthy, Growing Global Economy: Buy Copper Miners

via: SeekingAlpha at 2018-06-25 14:26:39:000

To say there's a lot of uncertainty about the health and direction of the global economy today would be an understatement. Actually, what we see is a wild contrast between those who believe the global economy is healthy, growing, and doing very well, vs. those who believe we are teetering … read more...

A July Turnaround For Gold?

via: SeekingAlpha at 2018-06-25 14:17:25:000

As gold attempts to catch its breath following a whirlwind week of selling pressure, the question on many investors minds is whether there is anything on the immediate horizon which could serve as a turnaround catalyst for the metal. While the immediate-term trend remains firmly agains… read more...

Market Volatility Bulletin: VIX Hits 16 While 10-Day Realized Volatility Prints Below 5

via: SeekingAlpha at 2018-06-25 11:45:44:000

Market Intro CNBC 10:35 AM EST US stocks ( SPY , DIA , QQQ , IWM ) feel the sting of global investors' collective disapproval of trade policies (at least, if you believe the headlines, which in this particular case I do). Spot VIX sees new life breathed into it. For perspective, the… read more...

Gold Standard Ventures Adds Value While Gold Falters

via: SeekingAlpha at 2018-06-25 02:25:14:000

Ive been following the development of Gold Standard Ventures ( GSV ) for years. In 2014 I took a tour of their property on the Carlin Trend in Nevada to get a sense of the potential value for investors. Gold Standard Ventures is an exploration-stage resource company with a massive di… read more...

Striking Options: 6/22 Trade Tariffs, Gold, And Equities

via: SeekingAlpha at 2018-06-25 00:00:49:000

Read more … read more...

3 Amigos (SPX/Gold, Long-Term Yields & Yield Curve) Updated

via: SeekingAlpha at 2018-06-24 12:15:48:000

It has been a while since weve had a 3 Amigos update because a) Italy and global tariffs noise aside, nothing much has changed with the macro and b) I felt my image-based metaphorical content to straight content ratio was getting a little excessive. So I gave it a r… read more...

With Sentiment In The Gutter, Will Gold Stage A Rally?

via: SeekingAlpha at 2018-06-24 09:42:22:000

A week ago Friday, the metals got clocked hard. It was a drive-by "paper gold" shooting on the Comex which took place after most of the rest of the world had gone home for the weekend. On Monday, the Hulbert Gold Stock Newsletter Index fell to zero. On Tuesday, it dropped to negative 2.7. The … read more...

Sentiment Speaks: This Is It For Gold

via: SeekingAlpha at 2018-06-24 08:01:00:000

For those that follow me regularly, you will know that I have been tracking a set-up for the SPDR Gold Trust ETF (NYSEARCA: GLD ), which I analyze as a proxy for the gold market. I also believe that gold can outperform the general equity market once we confirm a long-term break out has begun, … read more...

Greenbacks And Gold: SchiffGold Friday Gold Wrap 06.22.18

via: SeekingAlpha at 2018-06-24 07:39:54:000

By SchiffGold The SchiffGold Friday Gold Wrap podcast combines a succinct summary of the week's precious metals news coupled with thoughtful analysis. Gold hit 2018 lows this week as the dollar surged. There is a lot of dollar bullishness in the market right now. But is this faith i… read more...

This Week In Money - June 23, 2018

via: SeekingAlpha at 2018-06-24 02:28:19:000

Ross Clark - TSX All Time High. Mary Anne Aden & Pamela Aden - Gold, Silver, Oil, Dow, US Dollar, Tariffs. Advice on Retirement. Eric Hadik - Cycles, Interest Rates, Currencies, Crude and Lumber. James Corbett - China, Tariffs, Trade War Larry Reaugh Preside… read more...

Finally, A Bottom In Gold?

via: SeekingAlpha at 2018-06-24 00:27:43:000

Gold Time Cycles In at least two recent articles, we published a chart showing gold price in time cycles and/or Fed rate hike events. We considered these time cycles to be relevant in attempting to predict the next cycle low in gold, and we have been preparing for this cycle low to occur in … read more...

What's Inside The Invesco DB Commodity Index Tracking Fund?

via: SeekingAlpha at 2018-06-23 16:46:27:000

The Invesco DB Commodity Index Tracking Fund ( DBC ) (formerly known as the PowerShares DB Commodity Index Tracking Fund before Invesco decided to unify its brand ) is an ETF that is commonly used as a benchmark for commodities. Given that we use DBC in our Chemist's Global Rotation Strat… read more...

Sharp Dollar Appreciation And Gold

via: SeekingAlpha at 2018-06-22 15:57:43:000

On the macroeconomic front, the rapid strengthening of the U.S. dollar has been the most important development since the latest edition of the Market Overview. Let's mull over the reasons behind it and its potential effects on the gold market. As one can see in the chart below, the U.S. doll… read more...

Your first trade for Friday, June 22

via: CNBC at 2018-06-22 09:16:00:000

No summary available. read more...

AISC For Gold Miners In 2018: Trend Reversal

via: SeekingAlpha at 2018-06-21 08:43:50:000

The first quarter results of the gold mining sector have been pouring in and it's time to chart the AISC numbers once again to see if there are any new trends emerging. In my previous article I pointed out that the gold mining sector showed profitability in 2017 as costs went down. The gol… read more...

Platinum Price $100 Below Palladium Price Makes No Market Sense

via: SeekingAlpha at 2018-06-21 03:56:53:000

In late September 2017, the platinum price ( PPLT ) fell below the palladium price ( PALL ) ( SPPP ) for the first time since 2001: [Source: cnbc.com, September 28, 2017] The palladium price continued to rise above platinum for the rest of 2017, it came back to about equal with platinum fr… read more...

Doug Noland's Unfolding Instability Thesis

via: SeekingAlpha at 2018-06-21 02:40:19:000

On the radio program this week, John Rubino substitutes for host Jay Taylor who is vacationing. John will interview first time guest Doug Noland and frequent guest Michael Oliver . Doug Noland believes the monetary experiment of recent decades, and most notably zero-interest rates follo… read more...

Onwards And Upwards

via: SeekingAlpha at 2018-06-21 02:15:58:000

By Stephen Innes Midday update Dollar watch is on Subtle USD appreciation setting in again with USDJPY +110.60 and EURUSD to 1.1560 has triggered a move lower in gold, which is now testing $1265 handle. The next tipping point is $1261 while topside resistance remains the previous… read more...

Gold slides to fresh 2018 low amid dollar strength

via: SeekingAlpha at 2018-06-20 14:36:02:000

Gold futures settle at a six-month low amid a strengthening U.S. dollar, offsetting demand for gold bullion amid escalating trade tensions between China and the U.S. that normally should attract safe-haven investors. More news on: SPDR Gold Trust ETF, VanEck Vectors Gold Miners ETF, Dire… read more...

The Reason Why Investors Are Shunning Gold

via: SeekingAlpha at 2018-06-20 13:36:31:000

Many participants are baffled as to why gold hasnt attracted any discernible safe-haven demand lately. There has certainly been no shortage of headline fears to spark a gold rally, yet so far gold hasnt responded to these fears at all. As Ill argue in todays com… read more...

Gold Looks Bearish: Is That A Reason To Buy?

via: SeekingAlpha at 2018-06-20 07:20:00:000

Just like in 2016 and 2017, gold came out of the gate at the start of 2018 and moved to the upside. However, in 2016 and 2017, gold never looked back and the lows of the year occurred during the first trading sessions of the year. 2018 has been a different story for the yellow metal. Gold re… read more...

U.S.-China Trade Wars Hit Precious Metals

via: SeekingAlpha at 2018-06-19 12:40:48:000

By Christ opher Aaron The harsh selling in gold but especially silver on Friday - down 2.3% and 4.5%, respectively - was largely the result of widespread liquidation across the entire commodity spectrum during the early morning hours. The selloff followed an announcement by President Trum… read more...

Once Again, Gold Is Not Commodity

via: SeekingAlpha at 2018-06-19 09:13:56:000

We know this we really know it. This is awkward. Gold is a metal. This is why it used to be money for thousands of years: it was rare, tangible and its supply couldn't be increased at will. An ideal store of value. So why are we saying that gold is not commodity? We mean here not t… read more...

The Commodity Supercycle Never Ended, It Just Paused - And Now It's Back

via: SeekingAlpha at 2018-06-19 03:44:01:000

There is a popular narrative in the markets about the history of the commodity markets ( DBC ) ( GSG ) ( RJI ) ( USCI ) in recent decades, that goes something like this: Commodity markets boomed as prices soared in the inflation of the 1970s. Then they crashed in the early 1980s, and commod… read more...

Lift-Off Not (Yet) - Precious Metals Supply And Demand

via: SeekingAlpha at 2018-06-19 03:26:06:000

Wrong-Way Event Last week we said something that turned out to be prescient: This is not an environment for a Lift Off Event. An unfortunate technical mishap interrupted the latest moon-flight of the gold rocket. Fear not true believers, a few positive tracks were left behind… read more...

WTF Just Happened: Gold And Silver Drive-By Shooting Friday

via: SeekingAlpha at 2018-06-19 03:20:22:000

After moving significantly higher on Wednesday and Thursday following the dovish monetary policy issued by both the Federal Reserve and the ECB, the precious metals were ambushed Friday morning by the Comex bank cartel. Right before the Comex gold pit opened on Friday, thousands of gold and si… read more...

Investors Continue To Be Net Purchasers Of Bond Funds And ETFs In May

via: SeekingAlpha at 2018-06-18 14:41:36:000

For the first month in three money market funds witnessed net inflows, taking in $59.3 billion for May (their largest monthly net inflows since November 2017). For the third month running the fixed income funds macro-group witnessed net inflows, taking in $6.0 billion. However, for the first m… read more...

Dollar Headwind Too Strong For Gold

via: SeekingAlpha at 2018-06-18 13:08:45:000

For the last few weeks it has been my refrain that a strong dollar is the number one obstacle for the gold price being unable to make headway. Evidently the term strong dollar rankles many investors who for some reason view the recent strength of the U.S. currency with suspicio… read more...

Dual Momentum June Update

via: SeekingAlpha at 2018-06-18 04:36:49:000

My Dual ETF Momentum spreadsheet is available below and the objective is to track four pairs of ETFs and provide an Invested signal for the ETF in each pair with the highest relative momentum. Invested signals also require positive absolute momentum, hence the term Dual… read more...

Was Gold Actually 'Dumped' Friday?

via: SeekingAlpha at 2018-06-18 03:16:12:000

Sifting through Twitter, I came across a curious assertion posited as a reply to a post on "unemployment" on Steph Pomboy's Twitter feed (@spomboy). The tweeter asked, "have you noticed that gold is being dumped?" But was gold "dumped?" Perhaps the tweeter should have qualified the question wi… read more...

Silver: Wait For A Swing Low

via: SeekingAlpha at 2018-06-18 02:49:52:000

Many investors thought the bottom was in for silver ( SLV ) but the sizable drop last Friday (June 15) has put everything back in context. Silver (being a leveraged play on gold ( GLD )) is attracting investors in the precious metals space. Why? Well, it is one of the commodities that got abso… read more...

Mario Draghi, The Master Of The Dark Art Of Central Bank Communiqué

via: SeekingAlpha at 2018-06-18 02:38:08:000

By Stephen Innes After last week's dramatic price action dubbed "the biggest week of the year" we have another potpourri of events to side-track from the World Cup games this week. There's more than enough risk events to keep things exciting with a plethora of central bank decisions and sp… read more...

Commodities Including Gold And Crude Oil Slip As The Dollar Remains Firm

via: SeekingAlpha at 2018-06-17 14:00:00:000

Here are the daily charts and key levels for commodities and dollar exchange-traded funds. The gold trust ETF tracks the spot price of gold and is said to be backed by gold bars in vaults in London. SPDR Gold Trust (NYSEARCA:GLD) The Gold ETF ($121.34 on June 15) is down 1.9% yea… read more...

Should Gold Bulls Panic After Friday's Gold Drop?

via: SeekingAlpha at 2018-06-17 12:59:00:000

The latest Commitment of Traders ((COT)) report showed gold speculators increased their long positions for the week by 4,000 contracts, while shorts cut back on their positions for a second straight week. All of this was just in time for Friday's big gold price decline, which was not reflected… read more...

Gold Divergences Emerge

via: SeekingAlpha at 2018-06-17 07:39:45:000

By Pater Tenebrarum Bad Hair Day Produces Positive Divergences On Friday, the ongoing trade dispute between the US and China was apparently escalated by a notch to the next level, at least verbally. The Trump administration announced a list of tariffs that are supposed to come into for… read more...

A Boogeyman Lurking In The Shadows Of The Economy: SchiffGold Friday Gold Wrap 06.15.18

via: SeekingAlpha at 2018-06-17 05:58:56:000

The SchiffGold Friday Gold Wrap podcast combines a succinct summary of the week's precious metals news coupled with thoughtful analysis. There is a boogeyman lurking in the shadows of the economy - inflation. In this episode of the SchiffGold Friday Gold Wrap, host Mike Maharrey talks a… read more...

This Week In Money - June 16, 2018

via: SeekingAlpha at 2018-06-17 03:35:23:000

Ross Clark Gold and Silver. Russell 2000. Doug Casey Trump, Gold, Deep State, Electric Vehicles, and Stupid. Bob Hoye Gold, Bonds, Currencies, Trump and Doug Ford. Larry Reaugh President & CEO of American Manganese Inc. Greg … read more...

Gold Bullish On Fed Hike 3

via: SeekingAlpha at 2018-06-16 02:30:55:000

Gold weathered the Federal Reserves 7th rate hike of this cycle this week. Gold-futures speculators and to a lesser extent gold investors have long feared Fed rate hikes, selling ahead of them. Higher rates are viewed as the nemesis of zero-yielding gold. But contrary to this popular b… read more...

Gold futures tumble to 2018 low on trade worries, higher dollar

via: SeekingAlpha at 2018-06-15 17:58:07:000

Gold prices fell to their lowest level of the year and copper prices tumbled as investors reacted to tariffs between the U.S. China as well as a selloff in oil , as Comex gold for August delivery settled -2.3% to $1,278.50/oz. More news on: Barrick Gold Corporation, Newmont Mining Cor… read more...

Copper/Silver Ratio: Same Range For Thousands Of Years

via: SeekingAlpha at 2018-06-15 11:11:59:000

Here is a chart of the Copper/Silver ratio over the past three decades, from 1990 to the present: (This is the ratio of the standard copper price per pound ( JJC ) ( JJCB ) ( CPER ) ( CU ) to the standard silver price ( SLV ) ( PSLV ) ( SIL ) ( SILJ ) per troy ounce.) The chart shows a dis… read more...

Your first trade for Friday, June 15

via: CNBC at 2018-06-15 09:17:00:000

No summary available. read more...

Dr. Keith Barron: World Is Facing Peak Gold

via: SeekingAlpha at 2018-06-15 05:24:43:000

By FS Staff Listen to this podcast on our site by clicking here or subscribe on iTunes here . Though gold is up for the year, it still seems to be bumping up against resistance at the $1350-1380 level. This time on Financial Sense , we spoke with well-known mining geologist… read more...

June And July Commodity Seasonality Stats

via: SeekingAlpha at 2018-06-15 01:49:33:000

This is my weekly update that covers seasonal trends and the term structure of futures contracts. All of the below data and graphs come from my Commodity Seasonality website. The website is completely free, and I use Seeking Alpha as my sole outlet for weekly recap articles. I break down the u… read more...

Gold's Monetary Rehabilitation

via: SeekingAlpha at 2018-06-14 04:26:16:000

Alasdair Macleod returns as this week's guest on the radio program. A quiet revolution is taking place in a monetary vacuum developing on the back of the dollar's eroding hegemony. Maybe it's too early to call what's happening the demise of the dollar as the world's reserve currency, but t… read more...

Gold: Federal Budget Problems And Growing Dislike For The Dollar Should Be Bullish

via: SeekingAlpha at 2018-06-14 03:18:26:000

A day or two ago, I read an article explaining that the United States had a total budget deficit of $530 billion in just the first eight months of its fiscal year. In the addition, the past few weeks have seen further deterioration in Medicare and Social Security along with further informati… read more...

Top 10 Gold Producing Countries

via: SeekingAlpha at 2018-06-13 23:41:28:000

Gold is one of the rarest elements in the world, making up roughly 0.003 parts per million of the earths crust. But how much gold is the world digging up each year and what countries produce the most? In 2017, global gold mine production was a reported 3,247 tonnes. This figure is … read more...

The relationship between stocks and gold is doing something it hasn't done in 13 years

via: CNBC at 2018-06-13 16:05:00:000

No summary available. read more...

Dollar on the move after Fed signals two more hikes this year

via: SeekingAlpha at 2018-06-13 14:29:31:000

Nicely lower minutes ago, the dollar index ( UUP , UDN ) is in the green after the FOMC - as expected - jacked rates by 25 basis points for the 2nd time this year. More news on: Invesco DB USD Bull ETF, Invesco DB USD Bear ETF, SPDR Gold Trust ETF, Global news and forex, Stocks on the m… read more...

4 Factors That Could Lift The Price Of Gold

via: SeekingAlpha at 2018-06-13 06:00:00:000

So far, 2018 has been a year of consolidation in the gold market. After two consecutive years of higher lows that began with a bottom at $1046.20 per ounce in December 2015, the price action in gold has gone to sleep over recent weeks and is flatlining around the $1300 per ounce level. Sou… read more...

Ronald Stoeferle: Gold Is Dirt Cheap Right Now

via: SeekingAlpha at 2018-06-13 05:00:23:000

Fresh from releasing his exhaustive 230-page annual report titled In Gold We Trust , Ronald Stoerferle joins us to summarize his forecast for the yellow metal. Stoerferle, an author of several books on Austrian economics and head of strategy and portfolio management at Incrementum AG, concl… read more...

Why Harry Dent's $400 Forecast For Gold Is Wrong... Price Is Heading Up Much Higher

via: SeekingAlpha at 2018-06-13 03:35:41:000

Harry Dent has been making the rounds suggesting that for gold to get back to its pre-bubble price, it would need to fall to $400 or $450. If we were to believe Mr. Dent, then it would be bad news for gold investors. However, Harry Dent's gold price forecast is quite faulty because he fails to… read more...

Mid-Cap Gold Sector  - A Decent Proposal For Growth-Oriented Precious Metals Investors

via: SeekingAlpha at 2018-06-13 01:40:40:000

Most recently I have discussed the fundamentals of the silver and big gold sectors. Today I would like to look at the 1Q 2018 results reported by the mid-cap gold sector represented by the following ten companies: B2 Gold ( BTG ), Alamos ( AGI ), Coeur Mining ( CDE ), Hecla ( HL ), Detour … read more...

Gold: The Running Away Of The Bulls

via: SeekingAlpha at 2018-06-12 13:10:43:000

We've come a long way from the 2016 peak for metals and miners and sentiment is now heading towards despondent territory in the space. While gold ( GLD ) is only 7% below its 2016 peak, bullish sentiment is at the complete opposite end of the spectrum. This can likely be attributed to what has… read more...

U.S. Allowing China And Russia To Accumulate Gold On The Cheap

via: SeekingAlpha at 2018-06-12 12:45:53:000

The United States led effort to suppress the price of gold in order to preserve the premier status of the U.S. dollar is allowing China and Russia to capitalize by purchasing huge quantities of gold reserves at artificially low prices. In the first quarter of 2018, central bank net purchases… read more...

When Will Gold's 'Summer Doldrums' End? History Says Pretty Soon

via: SeekingAlpha at 2018-06-12 08:46:46:000

This has been a uniquely boring stretch for gold and silver, especially considering all the things going on in the world that ought to light a fire under precious metals. In just the past few weeks, the US started a global trade war, Italy elected a populist government , emerging markets des… read more...

Retail Capitulation - Precious Metals Supply And Demand

via: SeekingAlpha at 2018-06-12 06:24:17:000

Small Crowds, Shrinking Premiums The prices of gold and silver rose five bucks and 37 cents, respectively, last week. Is this the blast off to da moon for the silver rocket of halcyon days, in other words, 2010-2011? Various gold bars. Coin and bar premiums have been shrinking steadily … read more...

'Bring It On...' - Eric Sprott On The FOMC Rate Hike - (Weekly Wrap-Up, June 8, 2018)

via: SeekingAlpha at 2018-06-12 04:43:32:000

By Craig Hemke Another week behind us, and Eric Sprott returns from the field to help us interpret it. In this edition of the wrap-up, you'll hear: The macro fundamentals moving people towards gold. What you should pay attention to in the mining sector (hint: it's not the news releas… read more...

Peter Schiff Explains Why Sagging Productivity Is Bad News For Your Pocketbook

via: SeekingAlpha at 2018-06-12 02:39:31:000

By SchiffGold US productivity numbers for the first quarter of this year were disappointing, to say the least. Analysts expected Q1 productivity to rise by point 0.7%. Instead, it came in at nearly half that, rising by 0.4% . This was only a slight improvement over the 0.3% increase in th… read more...

Global Precious MMI: Flat For Third Straight Month - But Don't Take Your Eye Off Palladium

via: SeekingAlpha at 2018-06-12 01:08:35:000

Original Post By Taras Berezowsky MetalMiner's Global Precious Monthly Metals Index ((MMI)) , tracking a basket of precious metals from across the globe, held steady for the June reading and remained at an index value of 88 for an unprecedented third straight month. The dog days o… read more...

Texas Gold Investors Just Got Their Own Fort Knox

via: SeekingAlpha at 2018-06-11 23:42:22:000

If you live in Texas and have any extra gold bars, coins and/or jewelry lying around that need safekeeping, youre in luck. The Texas Bullion Depository, the first of its kind in the U.S., officially opened to the public in Austin last week, putting a cap on three years of planning … read more...

Market Volatility Bulletin: VIX Shows Little Regard For FOMC Meeting, NK Summit

via: SeekingAlpha at 2018-06-11 14:48:45:000

Market Intro CNBC: 11:04 AM EST Bloomberg Economic Calendar , Thursday truncated US stocks ( SPY , DIA , QQQ , IWM ) are flat to moderately higher in the Monday afternoon session. This week of course marks the FOMC meeting, where the chances for another quarter-point rate hik… read more...

iShares introduces gold strategy ETF

via: SeekingAlpha at 2018-06-11 11:12:18:000

iShares introduces the iShares Gold Strategy ETF (IAUF) which aims to provide exposure to the price performance of gold; it lists on the Cboe BZX exchange. More news on: SPDR Gold Trust ETF, iShares Gold Trust ETF, Sprott Physical Gold Trust, News on ETFs, Commodities news, Read… read more...

Gold Is The Monkey In The Middle

via: SeekingAlpha at 2018-06-11 06:15:00:000

Gold has gone to sleep since the middle of May. The yellow metal fell victim to the rise in the U.S. dollar and the prospects for rising interest rates. When I was a kid growing up in Brooklyn, New York, we played a game called the monkey in the middle. A group of children formed a circle, a… read more...

Unexpectedly Early Social Security Funding Problems Emerge

via: SeekingAlpha at 2018-06-11 03:18:44:000

Welcome to this week's Market Wrap Podcast, I'm Mike Gleason. Coming up, Michael Pento of Pento Portfolio Strategies joins me examine what's happening beneath the surface in the markets right now, and why we should all be very leery of putting too much stock into what we're hearing from the … read more...

Positioning Summary: Revealing The Truly Crowded Trades

via: SeekingAlpha at 2018-06-11 01:24:03:000

Note: My approach for analyzing CoT data to reveal how different types of traders are positioned in the futures markets is outlined here . If you missed it, give the article a read to see the method behind my analysis. All data and images in this article come from my free website … read more...

COT Report: What Do Commercial Gold Traders Know That We Don't?

via: SeekingAlpha at 2018-06-10 12:32:17:000

The latest Commitment of Traders ((COT)) report showed gold speculators continue their reduction in their long positions as they cut back again, making this the sixth week out of the last seven that speculative long positions have dropped. Speculative gold shorts also cut back their positions … read more...

The Federal Government's Fiscal Train Wreck: SchiffGold Friday Gold Wrap 06.08.18

via: SeekingAlpha at 2018-06-10 09:34:54:000

By SchiffGold The SchiffGold Friday Gold Wrap podcast combines a succinct summary of the week's precious metals news coupled with thoughtful analysis. The federal government is a fiscal trainwreck with trillions of dollars spiraling into a black hole. Meanwhile, millions of American… read more...

Gold's Old Ceiling Or A New Floor?

via: SeekingAlpha at 2018-06-10 07:39:47:000

Gold Declines as U.S. Dollar Strengthened in May Gold remained resilient in May, as the U.S. dollar strengthened considerably. The U.S. Dollar Index ((DXY)) 1 gained 2.4% and closed the month at its highs for the year, driven by new fears of an Italian debt default and EU breakup. Populist … read more...

Gold Summer Doldrums 2

via: SeekingAlpha at 2018-06-09 06:32:10:000

Early summer is the weakest time of the year seasonally for gold, silver, and their miners stocks. With traders attention diverted to vacations and summer fun, their precious metals interest and investment demand wane considerably. Thus, this entire sector, and often the market… read more...

Connecting The Dots - 6/7/18

via: SeekingAlpha at 2018-06-08 04:59:54:000

With the June Fed meeting on deck next week, the S&P 500 (SPX) is making another attempt at taking out the secondary highs from early March and recapturing some of the upside momentum lost this year. Although higher beta equity indexes like the Russell 2000 and Nasdaq Composite have alread… read more...

Let The Games Begin

via: SeekingAlpha at 2018-06-08 00:57:57:000

By Stephen Innes Maximus Pressure or Circus Maximus Both the S&P and Nasdaq fell overnight, snapping the 5-day winning streak as the tech sector sags. But entering the week's end, investors are taking another peek at the calendar and thinking that perhaps booking some profit is prude… read more...

Royal Gold: A Streamer Bucking The Trend

via: SeekingAlpha at 2018-06-07 17:53:16:000

While gold ( GLD ) has been sluggish thus far in Q2 and is one of the weaker performing commodities this quarter, a few leading miners continue to show signs of leadership. Despite the Gold Bugs Index (HUI) and the metal stuck beneath their 200-day moving averages, some names are within 10% of… read more...

A Ray Of Light For Gold

via: SeekingAlpha at 2018-06-07 17:43:28:000

After dropping to its lowest level of the year last month, gold has been relegated to the dustbin by most investors. In recent weeks, there has been a show of apathy and, in some cases, outright antipathy, toward the yellow metal after its underperformance in the face of a strong dollar and a … read more...

Gold: Prepare For A Significant Second Half Rally

via: SeekingAlpha at 2018-06-07 16:43:36:000

Source: MarketWatch.com Prepare For A Significant Second Half Rally In GLD/Gold Gold/SPDR Gold Trust ETF ( GLD ) has had a very subdued year so far. In fact, gold is essentially flat over the past 52-week period, as well as for the year thus far. Well, its a good thing all that i… read more...

Silver - Just A Few More Weeks Of Patience

via: SeekingAlpha at 2018-06-07 13:24:23:000

Silver - Fundamentals (Part 1) & Technical Analysis Still caught in a consolidation Looking back to my silver analysis from early March, silver indeed continued to move sideways for the last three months. The precious metal is still caught in a large consolidation. At least, silver was… read more...

The Short-Term Outlook For Gold Is Different Than Its Long-Term

via: SeekingAlpha at 2018-06-07 13:07:51:000

Gold normally has a strong correlation with four of the biggest markets: Treasury rates, the USD, the USD/JPY ratio, and inflation expectations ( TIP ). From December 2017 to mid-April 2018, the correlation was lost with rates and inflation expectations, but not with the USD, or the USD/JPY pa… read more...

Leveraged ETFs Decay Dashboard

via: SeekingAlpha at 2018-06-07 11:03:51:000

I measure once a month the decay of major leveraged ETFs. It may be useful for anyone using leveraged ETFs for investing, trading or hedging. Where does the decay come from? Most of the time, a leveraged ETF does worse than the underlying asset leveraged by the same factor. This rel… read more...

Sentiment Speaks: Why $10,000 Gold Will Not Be What You Think

via: SeekingAlpha at 2018-06-07 08:01:00:000

For almost 7 years now, I have been actively engaged in the online community relating to investing opportunities. In fact, my first public article about a specific asset was when I called for a top in gold back in the summer of 2011, when most were certain we were about to easily eclipse the $… read more...

Shining The Light On Krugman's False Narrative

via: SeekingAlpha at 2018-06-07 06:05:58:000

Keith Weiner and Michael Oliver return as guests on this week's episode of Turning Hard Times Into Good Times. One of Paul Krugman's market false statements is that infinite debt is okay if "we" owe it to ourselves. Keith explains why Krugman's logic on that issue is false and how endles… read more...

A Precious Metals Market Overview: It's Your Dime Interview With Matt Malleo

via: SeekingAlpha at 2018-06-07 05:50:59:000

By SchiffGold SchiffGolds Its Your Dime features straight talk interviews with movers and shakers in the world of precious metals, investing and economics. In this episode, host Mike Maharrey talks with SchiffGold managing director Matt Malleo. They disc… read more...

U.S. Equity Markets Defy Gravity

via: SeekingAlpha at 2018-06-07 01:27:42:000

By Stephen Innes Equity Markets US equity markets continue to defy gravity, extending the recent winning streak to four straight sessions. It was all about the financials as a series of coordinated hawkish comments came from ECB members that the end of QE will be top of the to-do list, w… read more...