Silver prices | Gold and <b>Silver Prices</b> in 2015 - Money Morning |
- Gold and <b>Silver Prices</b> in 2015 - Money Morning
- 2015 <b>Silver Price</b> Forecast - Money Morning
- <b>Silver Price</b> Gains as Gold Falls, Investor Sentiment "Not a Drag" But <b>...</b>
- Gold and <b>Silver Price</b> Will Return to Highs in 2015 - The Market Oracle
- Crude Oil Crash, <b>Silver Price</b>, and Exploding National Debt | Gold <b>...</b>
| Gold and <b>Silver Prices</b> in 2015 - Money Morning Posted: 29 Dec 2014 02:00 AM PST The Consumer Electronics Show Will Ignite These Three Profit PlaysWith 2 million square feet of exhibit space, 161,000 attendees and 20,000 product announcements, the Consumer Electronics Show (CES) is the one of the hottest trade shows on Earth. But the impact goes well beyond the numbers.  |
| 2015 <b>Silver Price</b> Forecast - Money Morning Posted: 30 Dec 2014 07:07 AM PST The Consumer Electronics Show Will Ignite These Three Profit PlaysWith 2 million square feet of exhibit space, 161,000 attendees and 20,000 product announcements, the Consumer Electronics Show (CES) is the one of the hottest trade shows on Earth. But the impact goes well beyond the numbers. |
| <b>Silver Price</b> Gains as Gold Falls, Investor Sentiment "Not a Drag" But <b>...</b> Posted: 29 Dec 2014 06:03 AM PST SILVER PRICES outperformed gold in quiet Asian and London trade Monday, rising from last week's finish despite continued outflows of metal from exchange traded ETF trust funds. Touching $16.26 per ounce, silver added 1.1% as gold slipped below $1195. Major Eurozone stock markets fell – and Athens lost 5.3% – after the Greek government called a snap election following the failure of MPs to appoint a new president. German, UK and US Treasury bond prices rose on what Bloomberg called a "safe haven bid", pushing yields lower. Latest data meantime showed the quantity of bullion held to back shares in the giant SPDR Gold Trust (NYSEArca:GLD) at 712 tonnes, the smallest holdings since 22 September 2008 – one week after the collapse of Lehman Brothers. "We would imagine that most investors who bought gold as a hedge against disaster during the global economic crisis, or on the basis of easy leverage, have [already] exited this trade," says a note on gold ETF holdings from Japanese trading house Mitsui. "It will be interesting to see how holdings change in 2015. We currently expect mild declines in metal holdings." Over in silver last week, bullion holdings for the iShares SLV trust fell to their lowest level since September, down to 10,216 tonnes – nearly 6% below start-October's 3.5-year high. Below $16 per ounce, says a technical analysis from London market makers and LBMA Silver Price participants Scotia Mocatta, "we see support at the 15.54 level – the 61.8% retracement of the December rally. "A break below this support level opens up the possibility of a move down to the December 1st low of $14.42" – silver's lowest price since August 2009. But looking ahead to 2015, "On balance we feel there is considerable more upside than downside potential," says a separate Scotia report on silver prices. "For 2015, we would look for silver to spend most of the time in the $16 to $22 range." "Seasonal factors could also be positive for silver in the next few months," adds Mitsui analyst David Jollie, noting that – since the start of 2000 – "silver has generally shown price strength in the first quarter of the year." However, even with silver prices repeating January and February's recent average gains of 5% and 6% respectively in 2016, "this would most likely leave the metal below $20 an ounce, suggesting that any expectations of price strength should be limited in scope." This month already the US Mint has reported selling a record full-year quantity of American Eagle silver coins, beating 2013's record 42.7 million ounces with over 44moz sold by 8th December. "Sentiment is not a drag on this metal," says Mitsui's Jollie, "but it is hard to see investor interest driving prices sharply higher in the absence of external stimuli." |
| Gold and <b>Silver Price</b> Will Return to Highs in 2015 - The Market Oracle Posted: 29 Dec 2014 06:23 AM PST
By: Money_Morning
But their story is no less exiting. And the metals remain a fundamentally critical part of the global economic and strategic landscape. Indeed, gold and silver took roller coaster-like rides throughout the year, both screeching towards their respective price lows before bouncing, albeit cautiously, ahead. With the benefit of hindsight and the value of foresight, it's time to look at how gold and silver acted in 2014, and what we can do to profit in 2015. Let's start with the yellow metal… Gold Will Bounce Back Quickly As you follow along with the graph, note that gold started out with a bang, bottoming around $1,195 December 19, 2013, then surging upward 12% to $1,390 by mid-March. It then headed back to the $1,300 level, and meandered sideways between $1,250 and $1,350 until mid-year.
The U.S. dollar began a strong climb from July onwards, likely in anticipation of the Fed ending its asset purchase program in October, as it ultimately did. By November the SPDR Gold Trust ETF (NYSE Arca: GLD), the largest gold ETF, saw its gold holdings at six-year lows. Gold had become almost universally hated, which may well have marked the bottom. And then it embarked on a new rise… One of the biggest positives is how gold held up over the recent months: as oil prices plunged 27% from early November into mid-December, gold climbed by 7%. Not even news of the defeat of the Swiss Gold referendum held it back. Then India, battling for top gold consumer spot with China, relaxed some of its import restrictions on gold, making it more attractive during the traditional wedding season, and helping to push its price higher. Chinese gold demand remains robust as well, and is expected to grow substantially again in 2015. Will 2014 eventually prove to define the bottom in gold? The odds of that are improving. Even if the U.S. dollar continues to show relative strength, I believe the fundamentals are in place for gold to reach back into the $1,400 to $1,500 range by this time next year. Silver Will Take Longer – but It Will Be Worth the Wait Silver's had it rougher than gold which, thanks to its nature, is to be expected. While gold is off about 1% so far this year, silver's given up about 12% – way more than it typically would. But not everyone is selling… Looking at iShares Silver Trust ETF (NYSE Arca: SLV), the largest U.S. silver ETF, it enjoyed a very stable level of outstanding shares, despite weakening silver prices. That means investors held on, despite falling unit prices. Last year the U.S. Mint set a new sales record for its American Eagle silver bullion coins, with sales of 42.68 million coins. By December 9, 2014, that level was bested with sales already reaching 43.05 million. And physical demand has been strong, with physical bar & coin consumption reaching a whopping 46% of industrial consumption levels, which by last year had undergone a five-fold increase in just 6 years. With a wide and growing array of uses, industrial consumption is set to grow in 2015. Meanwhile, production is likely to be somewhat limited. Silver's often a by-product of producing the two base metals, lead and zinc. With their prices relatively weak, that's likely to lead to somewhat softer supply levels. All things considered, I think we could see silver turn in a positive 2015, likely to regain $20 and trade in the $20 to $25 range by end 2015. Source : http://moneymorning.com/2014/12/29/gold-and-silver-prices-in-2015/ Money Morning/The Money Map Report ©2014 Monument Street Publishing. All Rights Reserved. Protected by copyright laws of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including on the world wide web), of content from this website, in whole or in part, is strictly prohibited without the express written permission of Monument Street Publishing. 105 West Monument Street, Baltimore MD 21201, Email: customerservice@moneymorning.com Disclaimer: Nothing published by Money Morning should be considered personalized investment advice. Although our employees may answer your general customer service questions, they are not licensed under securities laws to address your particular investment situation. No communication by our employees to you should be deemed as personalized investent advice. We expressly forbid our writers from having a financial interest in any security recommended to our readers. All of our employees and agents must wait 24 hours after on-line publication, or after the mailing of printed-only publication prior to following an initial recommendation. Any investments recommended by Money Morning should be made only after consulting with your investment advisor and only after reviewing the prospectus or financial statements of the company. © 2005-2014 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication. |
| Crude Oil Crash, <b>Silver Price</b>, and Exploding National Debt | Gold <b>...</b> Posted: 22 Dec 2014 02:21 PM PST Let's start right away with our conclusion. Crude oil and silver prices have crashed before, and they will again. But the one constant in our financial universe that seems inevitable, for the foreseeable future, is increasing debt. Longer term, crude oil and silver prices will follow increasing debt. ***** Examine the following chart of monthly crude oil prices. In the past 26 years crude oil prices have crashed 65%, 59%, 54%, and 76%. The current crash is about 51% so far.
Examine the following chart of monthly silver prices. You can see similar crashes of 64%, 46%, 51%, and 68% since 1986. Prices rallied after these crashes and went considerably higher. Sometimes it took years, but like the national debt, silver prices have substantially increased since 1913.
Examine the US national debt, which is currently over $18 Trillion = $18,000,000,000,000. Unfunded liabilities, which might be ten times larger, are not even considered in the following graphs. Adjust the national debt for population increases so we see only the per capita national debt. As expected, it is climbing exponentially higher, and accelerating since 9-11. Following the increase in national debt is an increase in the currency in circulation and the prices for most commodities and consumer goods. Examine the graphs for population adjusted national debt, crude oil, silver, and the S&P 500 Index, all of which show annual averages of weekly prices. Note that all prices have been indexed to 1971 = 1.0 for comparison purposes.
Note that the recent crash in crude oil prices is not yet reflected in the annual average of weekly prices.
Crude oil and silver prices have crashed before, and they will again. But the one constant in our financial universe that seems inevitable, for the foreseeable future, is increasing debt. Crude oil and silver prices will follow increasing debt. Expect the S&P to correct downwards (eventually), expect silver and crude to resume their upward trajectory (eventually, probably soon), and, like the inevitability of death and taxes, expect debt to inevitably accelerate higher. WHEN the corrections will occur seems more and more under the control of the High Frequency Traders, the politicians, and the banking cartel. Sadly our global economic problems, which have been exacerbated by the crude oil crash, will not cured with more debt, which seems to be the preferred "solution." Gold and silver are real money, and they are insurance against the craziness and volatility of debt based fiat currency that is increasingly vulnerable to currency crashes like we have seen in Argentina, Venezuela, Ukraine, Russia and elsewhere. A currency crash can also occur in Japan, Europe, and the United States. Those dollars, euros, and yen have counter-party risk while gold and silver do not. Read: Ron Paul: Janet Yellen's Christmas Gift to Wall Street Gary Christenson | The Deviant Investor | GEChristenson.com |
Peter Krauth writes: Precious metals haven't grabbed dramatic headlines like oil and gas have.
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