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

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

Postby winston » Wed Aug 23, 2017 7:57 am

These six charts are signaling more upside in gold

by Richard Smith

Looking at a little longer–term picture for gold, we can see that if gold can push above $1,350 and even reach for $1,400, then there wouldn’t be much stopping it from testing the 2013 highs around $1,650.


All the signs are pointing to gold heading higher for at least another month.

The falling U.S. dollar and the political uncertainty that we’ve been experiencing should be wind in the sails of gold too.


Source: TradeStops

http://thecrux.com/gold-forecast-weve-b ... re-upside/
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Re: Gold, Silver & Other Precious Metals 15 (Aug 16 - Dec 17

Postby winston » Wed Aug 23, 2017 9:34 pm

Money Pours Into Gold as Tensions Rise: 4 Top Picks for the Rest of 2017

By Lee Jackson

Source: 247 Wall St

http://247wallst.com/commodities-metals ... Newsletter
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Re: Gold, Silver & Other Precious Metals 15 (Aug 16 - Dec 17

Postby winston » Fri Aug 25, 2017 10:45 am

Where is the Fort Knox gold?

by Jim Rickards

The Treasury officially values its gold at $42 an ounce.

But if you take the face value of the gold on the Fed balance sheet, divide it by $42 an ounce and then come up with a number of ounces and convert that into tons, it comes out to over 8,000 tons.

The Treasury needs at least 8,000 tons of gold to back up that paper certificate it handed the Fed back in the 1930s to satisfy the Fifth Amendment.

If you take the 8,000 tons on the Fed balance sheet in the form of this gold certificate, market to market at $1,300, that mounts to well over $300 billion.


A little more than half the gold is at Fort Knox, but the rest is stored at West Point on the Hudson River in New York.


Source: Rickards’ Gold Speculator

http://thecrux.com/rickards-the-truth-a ... knox-gold/
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Re: Gold, Silver & Other Precious Metals 15 (Aug 16 - Dec 17

Postby winston » Sat Aug 26, 2017 6:22 am

Gold Is Shaken by a Mysterious 2 Million-Ounce Trade

by Susanne Barton, Luzi-Ann Javier

In a span of one minute, 21,256 gold futures contracts, equal to more than 2 million ounces, traded just before Federal Reserve Chair Janet Yellen addressed a gathering of policy makers in Jackson Hole, Wyoming.


Source: Bloomberg

https://finance.yahoo.com/news/gold-sha ... 29367.html
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Re: Gold, Silver & Other Precious Metals 15 (Aug 16 - Dec 17

Postby behappyalways » Sun Aug 27, 2017 2:10 pm

Germany repatriates $31 billion in gold from Paris and New York
http://money.cnn.com/2017/08/23/investi ... index.html
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Re: Gold, Silver & Other Precious Metals 15 (Aug 16 - Dec 17

Postby winston » Thu Aug 31, 2017 5:26 am

Why I own gold but not gold stocks

by Dr. Steve Sjuggerud

Sometimes, even when gold goes up, speculative gold stocks don’t do what you expect them to do. Sometimes, gold stocks actually DON’T soar more than gold itself.


Source: True Wealth Systems

http://thecrux.com/why-i-own-gold-but-not-gold-stocks/
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Re: Gold, Silver & Other Precious Metals 15 (Aug 16 - Dec 17

Postby winston » Fri Sep 01, 2017 1:09 pm

CHART: The next big gold rally could be starting right now

by Justin Brill

This week, after months of fits and starts, gold finally broke above this critical $1,300 level…


Now that gold has broken out, though, you may want to increase your holdings a bit.

I’m not recommending anything crazy… If you were at 10% of your net worth before, a 12%-15% allocation may make sense.

Remember, as prices rise, the percentage will likely grow. And the metals and stocks will experience plenty of volatility along the way. You don’t want to hold so much that a big drop will keep you up at night…

What should you buy? If you don’t own any physical metals, start there. If you don’t own any gold and silver stocks, a diversified fund like GDX is a great place to start…

Whatever you do, make sure you have some exposure to precious metals. Gold just broke out of a 10-year-long wedge… And much more upside is likely. This time to buy is now.


Source: Stansberry Digest

http://thecrux.com/the-next-big-gold-ra ... right-now/
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Re: Gold, Silver & Other Precious Metals 15 (Aug 16 - Dec 17

Postby winston » Sat Sep 02, 2017 10:26 am

4 Reasons Why “Gold Has Entered A New Bull Market”

By GoldCore

1. Global interest rates need to stay negative
2. Broad equity valuations are extremely high and complacency stalks financial markets
3. The dollar might be entering a bear market
4. Chinese demand for gold has the potential to surge (indeed, investment demand in China for bar and coin already increased over 30% in the first quarter of 2017, according to the World Gold Council)


Source: TTR

http://www.thetradingreport.com/2017/09 ... ll-market/
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Re: Gold, Silver & Other Precious Metals 15 (Aug 16 - Dec 17

Postby winston » Mon Sep 04, 2017 10:08 am

Gold: 1330.40, +8.20.

Gold continues its climb following breaking out over the April and June twin peaks just over a week back.

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

Postby winston » Wed Sep 13, 2017 8:39 am

The last time this happened gold soared 500%

by Justin Brill

Source: Stansberry Digest

http://thecrux.com/sjuggerud-this-is-th ... t-in-gold/
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