Gold, Silver & Other Precious Metals 16 (Aug 17 - Dec 18)

Re: Gold, Silver & Other Precious Metals 15 (Aug 16 - Dec 17

Postby winston » Wed Sep 13, 2017 2:13 pm

3 Positive Long-Term Charts for Precious Metals

By Casey Murphy

Source: Investopedia

http://www.investopedia.com/news/3-posi ... yptr=yahoo
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Re: Gold, Silver & Other Precious Metals 15 (Aug 16 - Dec 17

Postby winston » Wed Sep 13, 2017 9:05 pm

If You’re Invested in Gold, Read This

by Marc Lichtenfeld

To be clear, gold belongs in your portfolio. Gold and gold mining stocks make for excellent trading vehicles.

But gold shouldn’t be your portfolio. If gold is the only thing you’re invested in, you’re not diversified. And worse, you’re missing out on income-producing stocks, bonds, real estate and other assets.


Source: Investment U

http://dailytradealert.com/2017/09/13/y ... gold-read/
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Re: Gold, Silver & Other Precious Metals 15 (Aug 16 - Dec 17

Postby winston » Thu Sep 14, 2017 9:33 pm

Palladium, Platinum ETFs May Continue to Shine

September 8, 2017

Traders have taken a shine to palladium and platinum, along with related ETFs, as rising industrial demand in a growing global economy help support prices.

Among the largest contributors of industrial demand, robust global auto sales fueled greater demand for the precious metals as part of catalytic converters to diminish harmful gas emissions.

About 40% and 75% of annual demand for platinum and palladium, respectively, apply to autocatalysts in combustion engines.

"Despite concerns for US, global auto sales remain robust led by higher emission standards in China," Maxwell Gold, Director of Investment Strategy at ETF Securities, said in a research note.
Some naysayers point to the growth of electric cars as a big risk to autocatalyst demand.

Gold, though, argued that slowing sales growth, infrastructure build out and battery shortfall risks in the electric car industry will drag on this segment and leave more room for autocatalyst demand.

Other critics also contend that the popularity of ride sharing platforms indicate a peak in auto demand, which may reflect the weak U.S. auto sales among the Millennial demographic favoring a sharing based economy.

This trend may actually spur higher total miles driven and reduce average vehicle lives. The shifting demand to higher total miles driven could potentially reshape the cyclical nature of the industry.

Gold projects a strong outlook for the platinum market, despite falling share for diesel vehicles in Europe.

"Platinum has many factors supporting a positive outlook including higher gold prices, stable South African Rand, rising global industrial production, and anticipated higher Chinese demand for diesel ahead of tougher emission standards," Gold said.

Palladium has also enjoyed a strong rebound this year, and investors have been a major factor to the trend.

"A key factor is the continued physical deficit driven by rising demand and weak mine supply," Gold said.

"Above ground supplies such as exchange-traded funds continue to be sourced to meet demand, with tightness in the palladium market sparking 3 month lease rates to surge over 20% in June.

Despite attractive fundamentals and performance, investors remain absent. If investors begin to move into the market, prices may move higher creating a new leg in the current rally."

Investors interested in gaining exposure to the two precious metals may look to physically backed commodity-related ETFs, like the ETFS Physical Platinum Shares (PPLT) and ETFS Physical Palladium Shares (PALL) .

Source: ETFtrends.com

https://finance.yahoo.com/news/palladiu ... ?.tsrc=rss
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Re: Gold, Silver & Other Precious Metals 15 (Aug 16 - Dec 17

Postby winston » Sun Sep 17, 2017 9:57 pm

Gold: 1325.20, -4.10.

Spent the week testing back to the 20 day EMA.

Strong rally, new high, and a normal test to near support.

Source: Investment House
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Re: Gold, Silver & Other Precious Metals 15 (Aug 16 - Dec 17

Postby winston » Tue Sep 19, 2017 3:49 pm

The golden solution to America’s debt crisis

by Jim Rickards

The first time was in 1933 when President Franklin Roosevelt ordered an increase in the gold price from $20.67 per ounce to $35.00 per ounce, nearly a 75% rise in the dollar price of gold.


The second time was in the 1970s when Nixon ended the conversion of dollars into gold by U.S. trading partners. Nixon did not want inflation, but he got it.

Gold went from $35 per ounce to $800 per ounce in less than nine years, a 2,200% increase. U.S. dollar inflation was over 50% from 1977-1981. The value of the dollar was cut in half in those five years.


Right now, the Fed’s gold certificate values gold at $42.22 an ounce. That’s not anywhere near the market price of gold, which is about $1,330 an ounce.

Now, the Treasury could issue the Fed a new gold certificate valuing the 8,000 tons of Treasury gold at $1,330 an ounce. They could take today’s market price of $1,330, subtract the official $42.22 price, and multiply the difference by 8,000 tons.

I’ve done the math, and that number comes fairly close to $400 billion.


There’s a lot of moving parts here, but they all point in one direction, which is higher inflation. It’s the only way to keep America from going broke. Unfortunately, it will also make your money worth less.


Source: Rickards’ Gold Speculator

http://thecrux.com/the-golden-solution- ... bt-crisis/
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Re: Gold, Silver & Other Precious Metals 15 (Aug 16 - Dec 17

Postby winston » Tue Sep 19, 2017 8:06 pm

The Gold Rally Coming to An End?

Gold is up and could end an almost two-week losing streak but pressure from a hawkish Federal Reserve meeting may end hopes of a rally.

by Paul Whitfield

Gold hit its highest mark in more than a year on Sept. 8, ending at $1357.74 an ounce as investors retreated from riskier assets amidst mounting tensions in the Korean peninsula, fears of a possible U.S. government shutdown and uncertainty about the impact on U.S. growth of hurricanes in Texas and Florida.


Goldman Sachs is tipping a year-end price of about $1,250 an ounce, almost 5% below its current level.


Source: The Street

https://www.thestreet.com/story/1431056 ... yptr=yahoo
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Re: Gold, Silver & Other Precious Metals 15 (Aug 16 - Dec 17

Postby winston » Wed Sep 20, 2017 12:26 pm

This chart is great news for gold…

by Dr. Steve Sjuggerud

His conclusion was that the dollar could decline for the next two years.

If that’s true, then gold could be starting a multiyear bull market.


Source: True Wealth Systems

http://thecrux.com/sjuggerud-why-the-fa ... his-asset/
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Re: Gold, Silver & Other Precious Metals 15 (Aug 16 - Dec 17

Postby winston » Thu Sep 21, 2017 6:50 am

Don't Be Fooled, Central Banks Are Buying Gold - Tocqueville's Hathaway

Gold Is A Currency, Even the Fed Thinks So says Tocqueville's Hathaway

by Daniela Cambone

'You see central banks accumulation, they bought more gold in the last couple of years than they bought U.S. treasuries so they think it's money,'


'They use it as a reserve because it is a reserve asset.'


Source: The Street

https://www.thestreet.com/video/1431245 ... yptr=yahoo
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Re: Gold, Silver & Other Precious Metals 15 (Aug 16 - Dec 17

Postby winston » Fri Sep 22, 2017 7:27 am

Seven reasons to sell gold now

By Jeff Reeves

After a decent run so far in 2017, it’s time for gold bugs to let it go

1. Charts look ugly
2. Low inflation
3. The prospect of further Fed tightening
4. Not-so-bullish price targets
5. Risk-on market environment
6. Risk-off geopolitical environment
7. The bitcoin effect


Source: Market Watch

http://www.marketwatch.com/story/seven- ... yptr=yahoo
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Re: Gold, Silver & Other Precious Metals 15 (Aug 16 - Dec 17

Postby winston » Mon Sep 25, 2017 8:35 am

Gold: 1297.50, +2.70.

Nasty drop Thursday post-FOMC and not much of a bounce at all Friday on the worries about the weekend and North Korean H-bombs.

Held the 50 day MA to end the week in the current 2 week pullback.

Source: Investment House
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