Gold, Silver & Other Precious Metals 16 (Aug 17 - Apr 19)

Gold, Silver & Other Precious Metals 16 (Aug 17 - Apr 19)

Postby winston » Wed Aug 02, 2017 7:50 am

SILVER: Buy before this 50% discount disappears

by Justin Spittler

The gold-silver ratio is far too high.

The gold-silver ratio is at about 75 right now. That’s 50% higher than its average going back to 1950.



1. The silver market is in a deficit. Last year was the fourth straight year that demand outstripped supply.

2. Silver production is falling. Last year was the first time in more than a decade mine production fell. Neumeyer thinks silver mine production will fall again this year.

3. Industrial demand for silver is growing.


The solar industry would require 1.3 billion ounces of silver if just 20% of U.S. households put solar panels on their roofs.

That’s 30% more silver than the entire industry supplied last year.


Source: Casey Daily Digest

http://thecrux.com/buy-silver-before-th ... isappears/
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Re: Gold, Silver & Other Precious Metals 15 (Aug 16 - Dec 17

Postby winston » Thu Aug 03, 2017 8:56 pm

not vested

June 5, 2017

A deficit that cannot attract investors

According to the World Platinum Investment Council, platinum has entered its sixth year of a deficit where demand is higher than supplies in 2017.

However, the weak price action in the precious metal has deterred investors, traders, and speculators from participating in the platinum market which has contributed to the weak performance of the metal.

When it comes to all precious metals, it is investment demand or bar hoarding that determines the path of least resistance for prices each year.

Gold and silver have been beneficiaries of buoyant demand and palladium has been attracting lots of buying since the beginning of 2016. Meanwhile, the dog of the sector has been platinum which continues to trade in lethargic fashion.

Platinum is a rarer metal than gold as there is more than ten times the amount of the yellow produced on an annual basis each year.

Platinum has a higher production cost than gold as it occurs deeper in the crust of the earth and is more expensive to extract.

Platinum has a higher density than other precious metals and a higher melting point making it more useful when it comes to industrial applications.

On a per ounce produced basis, there are much more industrial applications for platinum than gold. However, the price continues to disappoint those who have bought platinum over recent years based on its many attributes.

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

Postby winston » Thu Aug 03, 2017 9:01 pm

July 24, 2017

Gold-Platinum Ratio: Is Platinum a Long-Term ‘Buy’?

By Meera Shawn

Platinum bottomed close to $800 during the 2008 crisis. It rose and almost doubled in price by 2010.


Source: Market Realist

http://marketrealist.com/2017/07/gold-p ... yptr=yahoo
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Re: Gold, Silver & Other Precious Metals 15 (Aug 16 - Dec 17

Postby winston » Thu Aug 03, 2017 9:10 pm

Top 3 Platinum ETFs for 2017

By Kevin Johnston

1. ETFS Physical Platinum Shares (PPLT)
2. ETRACS CMCI Long Platinum Total Return ETN (PTM)
3. iPath Bloomberg Platinum Subindex Total Return ETN (PGM)


Source: Investopedia

http://www.investopedia.com/etfs/top-platinum-etfs/
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Re: Gold, Silver & Other Precious Metals 15 (Aug 16 - Dec 17

Postby winston » Fri Aug 04, 2017 4:05 am

Will Gold and Gold Miners Break Out?

By Alan Farley

The gold miners fund has carved a better organized price pattern than the gold fund in recent months and is now testing an intermediate breakout level.

However, a failure by bulls to lift the instrument above $24 could backfire, opening the door to a triangle support test that yields a sizable breakdown into the year's end.


Source: Investopedia

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

Postby winston » Fri Aug 04, 2017 5:38 am

Global gold demand drops in first half as speculative Chinese investors stay away

In contrast, global demand for gold bars and coins, as well as for jewellery has improved in the first half of 2017

Global demand for gold dropped 14 per cent
to 2,003.8 tonnes in the first half of 2017, as Chinese gold-backed exchange traded fund (ETF) holdings shrank in the second quarter of the year, while Europe which dominated the ETF market, accounted for 76 per cent of inflows in the six months, according to the World Gold Council’s report on Thursday.

Source: SCMP

http://www.scmp.com/business/china-busi ... ve-chinese
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Re: Gold, Silver & Other Precious Metals 15 (Aug 16 - Dec 17

Postby winston » Fri Aug 04, 2017 8:24 am

Gold: Who Was Buying in 2Q?

ByRobert Guy

The World Gold Council's second quarter Global Demand Trends is out and shows ongoing interest from European and U.S. ETF investors, while Chinese fund investors' love affair with the precious metal appears to have dulled for the moment.

Source: Barron's Asia

http://www.barrons.com/articles/gold-wh ... 1501752901
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Re: Gold, Silver & Other Precious Metals 15 (Aug 16 - Dec 17

Postby winston » Fri Aug 04, 2017 8:54 am

vested PPLT (Sprott's Physical Platinum)

The ‘Rolls-Royce’ of precious metals is at its biggest discount ever…

by Dr. Steve Sjuggerud

Even though 28% of 2016 platinum production was used to make jewelry, platinum has real industrial uses. Platinum is much more affected by economic cycles than gold.

Car manufacturers used 42% of the platinum supply (specifically for catalytic converters). The remainder is used in other industrial applications.


Source: True Wealth

http://thecrux.com/the-rolls-royce-of-p ... ount-ever/
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Re: Gold, Silver & Other Precious Metals 15 (Aug 16 - Dec 17

Postby winston » Sat Aug 05, 2017 8:59 am

Could gold be entering a sustained rally, and how much should I own?

by Keith Fitz-Gerald

I think conditions are right for a sustained rally but not for reasons most analysts think.

Specifically, the weaker U.S. dollar most analysts cite as if it's groundbreaking news is a "gimme" lately and, sadly, won't amount to much. What you really want to watch is these four things as I outlined them to more than 600 attendees at the Sprott Natural Resources Symposium in beautiful Vancouver, BC last week:

1. Janet Yellen never met a printing press she didn't like so she's got no idea how real money works, let alone how markets will react when the Fed starts trying to unload the $4.5 trillion in junk it has on its balance sheets.

2. Asia thinks about gold differently than we do in the west which means that there's likely to be a lot of unrecognized demand in the years ahead, much of which will come from China and India where the middle class is still expected to grow by 100 million or more people within the next 2 years.

3. Bitcoin speculators realize that it's not what they thought and that brings much of the price movement that used to be associated with gold prices back. And;

4. Gold is now a collateralizable asset - meaning traders can post it in conjunction with other instruments like treasuries to back up the leverage they use daily. The net effect is more liquidity.

Interestingly, the move probably won't begin right away, which means you've still got ideal time to pick up gold, bullion, mint certificates - whatever you like - at lower prices.

Studies show that 2%-5% allocation is about right for most investors, so use that as a starting point when it comes to your own portfolio.

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

Postby winston » Mon Aug 07, 2017 8:22 am

Gold: 1264.60, -9.80.

Faded to the 10 day EMA in a 3 session pullback testing the 3 week run off the May low.

Source: Investment House
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