<b>Gold</b> Drives Silver <b>Price</b> - Expecting Incredibly Bullish 2014 :: The <b>...</b> |
- <b>Gold</b> Drives Silver <b>Price</b> - Expecting Incredibly Bullish 2014 :: The <b>...</b>
- <b>Gold</b> futures <b>chart</b> shows a spectacular take-off pointing to higher <b>...</b>
- The <b>Gold Price</b> Flew Up $11.70 to End the Week at $1251.70
- These 10 <b>Charts</b> Suggest the Outlook for <b>Gold</b> Is Good for 2014 and <b>...</b>
<b>Gold</b> Drives Silver <b>Price</b> - Expecting Incredibly Bullish 2014 :: The <b>...</b> Posted: 17 Jan 2014 11:30 AM PST Commodities / Gold and Silver 2014 Jan 17, 2014 - 06:30 PM GMT Investors' interest in silver is starting to rebound after last year's carnage. As capital prepares to return to this beaten-down asset, many investors are wondering how to game silver price action. Gold is the key. The white metal closely mirrors and amplifies the price action in the yellow one. Gold is not only silver's primary driver, but its overwhelmingly dominant one. Gold is critical for timing silver buying and selling. The more years you spend trading precious metals, the more self-evident this truth becomes. Gold drives silver, full stop. After my 14 years of closely watching gold and silver price action in real-time all day every day, I simply take this ironclad relationship for granted. I can scarcely even write about silver without mentioning it in passing. Gold drives silver is a core trading axiom much like buy low sell high. Silver looks extraordinarily bullish in 2014, from multiple perspectives discussed in my latest few essays. In each of them I peripherally mentioned gold drives silver, which is like saying the sky is blue. So I've been very surprised by feedback on this fact ranging from incredulity to hostility. Some don't believe it, others challenge me to prove it, and a few are angered by the affront silver is mostly dependent on gold. In defense of the latter, sometimes I mischievously provoke the hardcore silver zealots with flippant comments like calling silver "gold's little lapdog". They just love that! But the hard math of market history doesn't lie, gold drives silver to a massively dominant degree. Silver is effectively a leveraged play on gold, just like the gold stocks. This critical truth is supported by extensive historical underpinnings. The silver price is highly correlated with gold, which no one will dispute. These precious metals move in unison the vast majority of the time. While this is readily evident observationally to veteran investors, it is also absolutely provable statistically. Correlation coefficients are the constructs that mathematically quantify the relationships between two data series, such as the price of silver and the price of gold. Technically correlation coefficients are derived from dividing the covariance (how data changes together) of two variables by the product of their standard deviations. If that sentence didn't make your eyes glaze over, you're a better man than me. Thankfully this tedious underlying math is automated through modern computer spreadsheets. Microsoft Excel's CORREL function does all the heavy lifting. Statisticians label the resulting correlation coefficient as "R". But that's not quite enough for investors to risk capital on. Multiplying the correlation coefficient by itself yields a second construct called the coefficient of determination, or "R-squared". This reveals the actual percentage of any price's movement that is statistically explainable by a second price's action. I bastardize this label to "r-square" in my work. So if silver and gold have a 0.9 correlation coefficient, squaring that yields an r-square of 81%. 81% of the price action in one is directly explainable by the price action in the other. In this example, just 1/5th of either one's price action is independent of the other's. Over time achieving success in investing demands making high-probability bets, so if an r-square is high enough the residual is largely irrelevant. As statisticians love to point out, correlation does not imply causation. Silver and gold are indeed highly correlated, their price action deeply interrelated. So mathematically at least, the case for silver driving gold is equal to the one for gold driving silver. Maybe silver is actually the dominant metal, and gold simply follows it! But of course this makes little sense fundamentally or practically, gold dominates silver. The global gold market is orders of magnitude larger than silver's, gold trading dwarfs silver trading. All over the world, traders are quick to buy and sell gold based on stock-market performance, economic data, and central-bank actions. The tiny highly-speculative silver market just follows along for the ride. If you watch silver futures very closely in real-time, there is a seconds-to-minutes delay after gold moves. Silver is a speculators' playground dominated by greed and fear. Silver traders watch gold closely for their trading cues. They grow bullish and greedily buy silver when gold is strong, so silver follows and amplifies gold's upside. Then they wax bearish and rush to fearfully sell silver when gold is weak, so silver leverages gold's downside. The giant gold market drives the tiny silver one, not the other way around. Our charts this week offer the hard mathematical proofs of silver's near-total dependence on gold. They show silver prices superimposed over gold's during their last secular bulls and bear. Correlation r-squares derived from Excel's CORREL function over key spans for silver are shown in yellow. You can easily replicate these results with your own daily closing data if you feel the need to verify this truth. In recent weeks' essays on why silver is so incredibly bullish this year, I mentioned in passing that gold is responsible for over 92% of silver's price action in its entire secular bull. That was stealthily born over a dozen years ago in November 2001 when silver traded just above $4. That very bottoming month was when we first started recommending physical silver as an investment for our newsletter subscribers. If you take every daily silver and gold close since then, all 3059 trading days, and have Excel calculate the correlation coefficient between these two prices, it runs 0.9602. Multiplying that by itself yields an r-square of 92.2%. That is staggeringly high over such a long span of time. Around 12/13ths of all silver's price behavior on a closing interday basis over the past dozen years is a direct function of gold's own! Gold drives silver, it is the key to understanding where silver is going. Gold dominates sentiment among silver traders, so they almost always buy and sell in lockstep with gold. And if gold can mathematically explain 12/13ths of silver's price action, then everything else including silver's fundamentals effectively only accounts for 1/13th. In probability terms, that is negligible. Investors need to bet on the dominating odds. So if you are trying to buy silver low to later sell high, and your research on timing is so silver-centric it ignores gold, you are wasting your time. Don't get mad at me, that's the cold, hard truth of market history. I myself sometimes wish silver was less correlated with gold than it is, that silver futures traders weren't so darned preoccupied with gold futures. There are times when gold vexingly holds silver back, like 2013. I ran gold/silver correlations for other key periods too, such as silver's entire secular bull up to its dazzling April 2011 peak. That was the last time silver was growing popular, and boy was it fun. Silver's r-square with gold still ran a very high 86.8% over that span. You can further dissect silver's massive bull into a two major runs, from late 2005 to the late-2008 stock-panic low and from there to early 2011's heights. Silver's correlation r-square with gold ran 78.1% and 81.3% over those critical spans for silver investors. So at very worst, fully 4/5ths of silver's incredible bull-market surges that earned fortunes for us and our subscribers were statistically explainable by gold's own secular bull! Gold drives silver. That's why I've always devoted way more time to studying gold, it is the key to understanding silver and gaming its moves. Provocatively in last year's epic carnage, the worst year for both gold and silver in nearly a third of a century, this correlation really moderated. The gold/silver r-square between silver's bull-to-date peak in April 2011 and its brutal June 2013 low was just 44.5%. Silver was moving more independently relative to gold than usual. And that may be why the gold-drives-silver truth is somewhat controversial today. A couple factors explain this temporary reprieve in gold's crushing dominance over silver. Back in early 2011, silver had skyrocketed in a near-parabolic ascent threatening to become a mania. It was wildly overbought as I warned just before that topping, and needed to correct sharply to rebalance sentiment. And it did, with silver soon plummeting in one of its characteristic near-crashes. This wasn't gold's fault. Gold was not too overbought at that point, although it would later follow in the late summer of 2011. The extreme greed that drove silver's massive early-2011 gains had to be neutralized by the great sentiment pendulum swinging the opposite way to extreme fear. So silver corrected on its own accord, although the daily gold action still affected the pace of this enormous correction. And then 2013's anomaly arrived. Gold plummeted last year because the Fed-driven levitation in the general stock markets sucked capital and interest away from alternative investments. American stock investors dumped GLD gold-ETF shares so fast that the resulting flood of gold supply exceeded the rest of the world's gold demand growth. This crushed gold prices and silver was sucked into that brutal once-in-a-lifetime perfect storm of selling. But unlike GLD, the flagship SLV silver ETF did not suffer heavy differential selling last year. So silver was far more resilient than it had any right to be in such a horrendous year for gold. This SLV bullish divergence weakened gold's stranglehold on silver last year. But with silver's epic correction over, and GLD selling reversing as the greatly-overvalued stock markets top, the usual gold/silver relationship should resume. Some investors have been wondering if silver's super-high correlation with gold is something new in today's secular bull. Was silver's last secular bull also dominated by gold in the 1970s? Yes it was. This next chart applies the same correlation analysis back then. Though silver peaked at a then-astounding $48 in January 1980, I lopped off those fleeting highs to better show silver's action leading up to them. Between November 1971 and January 1980 when silver blasted parabolic in a full-blown popular mania, its correlation r-square with gold was 88.2%. Over 7/8ths of all silver's price action in that entire secular bull was directly explainable by gold's own! That was actually a little higher than the 86.8% seen in today's secular bull up to silver's April 2011 peak. Gold has always dominated silver, it's nothing new. This was also true during the post-parabola silver crash in 1980, when silver plummeted 77.5% in just 4 months! That made 2013's carnage look like playschool. Yet despite silver's parabola being far more extreme than gold's, the gold-price action still mathematically explained 89.5% of silver's. Gold drives silver. Silver traders watch gold for their trading cues, and then simply mirror whatever gold is doing. It is absolutely essential to understand that this link is emotional, not fundamental. It's greed and fear, not supply and demand, that has inexorably linked silver with gold's fate. Silver traders buy when gold is strong, and sell when gold is weak. Rational or not, since they have done this for so many decades and created such a stellar correlation this behavior is self-reinforcing. We have no choice but to ape it. Does gold's dominance over silver extend back before the 1970s? I don't know. My daily gold and silver price data only goes back to June 1969. I've searched occasionally over the years for an older daily dataset, but still haven't found one. If I had one, I'd certainly do the analysis. But I strongly suspect that data before August 1971 is irrelevant. That of course marks the most important gold event in US history. Prior to then, US dollars were fully convertible into gold. With the US government legally fixing the dollar gold price, we were on a gold standard. Whenever gold threatened to decouple from its set dollar price, big players could arbitrage any differences by trading dollars for gold or vice versa with the US Treasury. So gold volatility in dollar terms was vastly lower before 1971, nonexistent by today's standards. The century-long silver price charts I've occasionally seen show silver prices usually tracking gold pretty closely, with little volatility before Richard Nixon "temporarily" suspended the gold standard in August 1971. There is no comparability across that vast discontinuity, the gold-standard and post-gold-standard eras are day-and-night different. So I suspect pre-1971 silver-price action has zero lessons for today. But between silver's two mighty secular bulls of the 1970s and 2000s, there was a massive secular bear. To complete this gold/silver correlation analysis, I ran some numbers over that span too. Even then, silver remained highly correlated with gold during the great majority of that span. Silver's big moves still mirrored gold, as you can see visually in this chart. But there was a peculiar long uncorrelated span. Technically silver's secular bear ran for 13 years between January 1980 and March 1993, although after that silver essentially just ground sideways until November 2001. During that secular-bear-proper span, silver's correlation r-square with gold was 65.7%. Fully 2/3rds of all silver's secular-bear price action was directly explainable by gold's own. And during the worst of that bear, the correlation was even higher. The lion's share of silver's post-parabola losses happened by silver's May 1986 low. In that span silver's r-square with gold was 77.0%. Gold drove over 3/4ths of silver's price action! So even in secular bears, silver traders still key off gold for their buying and selling decisions. Gold drives silver, through bull and bear alike. You can't understand silver, nor hope to trade it successfully, unless you really study gold. After silver's absolute bear-market low in early 1993, this metal spent the next 9 years or so just grinding sideways near lows. Amazingly silver was almost totally uncorrelated with gold over this span, having an r-square with gold of just 2.5%! For a variety of reasons beyond the scope of this essay, silver was actually trading on its own psychology and fundamental merits then. But that episode was an anomaly. My gold-and-silver daily-closes dataset encompasses 44.7 years since 1969, a heck of a long time. And even including that 8.7-year uncorrelated span deep in a secular-bear wasteland, the overall correlation r-square of silver and gold was 85.1%! That is over 11,263 trading days. Across that enormous secular sea encompassing everything imaginable, nearly 6/7ths of silver's price action was driven by gold. So it seems prudent to continue to expect gold to dominate silver sentiment and therefore silver prices in the years to come. The historical market performance and data is crystal-clear, gold drives silver. Silver investors need to keep this in mind. Silver is a fascinating metal to study, with its own independent global supply-and-demand fundamentals. Yet technically it has always been slave to gold's fortunes. Silver is effectively a leveraged play on gold, the vast majority of its performance can be mathematically explained by gold's own. Thankfully gold is due for a massive mean-reversion rebound upleg in 2014 as the stock markets roll over and extreme GLD differential selling reverses. This coupled with silver's technical launchpad, record futures shorting, and SLV resilience positions silver for a huge upleg this year. The highest-potential way to ride silver's recovery is through silver stocks. These miners and explorers were beaten down to fundamentally-absurd levels in last year's carnage. The best of them are poised to skyrocket as silver recovers. We recently published a 27-page report profiling our dozen fundamental favorites, the fruits of hundreds of hours of expert world-class research. For just $95, you can learn about these elite silver stocks and seize the opportunity to buy low before they start flying with silver. We also publish acclaimed weekly and monthly subscription newsletters. They offer an increasingly-rare contrarian perspective cultivated from our decades of hard-won experience, knowledge, wisdom, and ongoing research. In them I explain what is going on in the markets, why, and how to trade them with specific stock trades. Subscribe today and start preparing for the massive changes 2014 brings! The bottom line is gold drives silver. For the entire four decades of the post-gold-standard era, the vast majority of silver's price action has been statistically explainable by gold's own. This happened in bull and bear markets alike. Silver has always been a highly-speculative market where greed and fear reign supreme, and these buying-and-selling emotions have always piggybacked off the fortunes of gold. Since gold is silver's overwhelmingly dominant driver, silver can only be successfully traded by studying gold. The time to buy silver is when gold is on the verge of a major upleg. That's when capital will start returning to silver and eventually drive outsized gains leveraging gold's. And since 2014 is due to be an awesome year for gold as it mean reverts higher, silver is destined to enjoy one heck of an upleg this year. Adam Hamilton, CPA So how can you profit from this information? We publish an acclaimed monthly newsletter, Zeal Intelligence , that details exactly what we are doing in terms of actual stock and options trading based on all the lessons we have learned in our market research. Please consider joining us each month for tactical trading details and more in our premium Zeal Intelligence service at … www.zealllc.com/subscribe.htm Questions for Adam? I would be more than happy to address them through my private consulting business. Please visit www.zealllc.com/adam.htm for more information. Thoughts, comments, or flames? Fire away at zelotes@zealllc.com . Due to my staggering and perpetually increasing e-mail load, I regret that I am not able to respond to comments personally. I will read all messages though and really appreciate your feedback! Copyright 2000 - 2014 Zeal Research ( www.ZealLLC.com ) © 2005-2013 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication. |
<b>Gold</b> futures <b>chart</b> shows a spectacular take-off pointing to higher <b>...</b> Posted: 17 Jan 2014 10:14 PM PST Posted on 18 January 2014 with no comments from readers Gold futures have shown a spectacular take-off, reported our friends at Agora Financial in their weekend missive. They have increased by over 35,000 contracts since the beginning of the month. GoldMoney's Alasdair Macleod noted: 'As a general rule of thumb an increase in open interest on a rising gold price is bullish, indicating the bulls are back in charge.' Gold kept its shine last week to close at $1,252, the fourth consecutive week of higher prices, while silver advanced to $20.30 an ounce. The bullish state of gold futures is shown in the following chart: Posted on 18 January 2014 Categories: Gold & Silver |
The <b>Gold Price</b> Flew Up $11.70 to End the Week at $1251.70 Posted: 17 Jan 2014 04:25 PM PST Gold Price Close Today : 1,251.70 Gold Price Close 10-Jan-14 : 1,246.70 Change : 5.00 or 0.4% Silver Price Close Today : 20.267 Gold Silver Ratio Today : 61.760 Silver Gold Ratio : 0.01619 Dow in Gold Dollars : $ 271.81 Dow in Gold Ounces : 13.149 Dow in Silver Ounces : 812.09 Dow Industrial : 16,458.56 S&P 500 : 1,838.69 US Dollar Index : 81.370 Platinum Price Close Today : 1,452.60 Palladium Price Close Today : 747.65 The GOLD PRICE flew up $11.70 to end at $1,251.70. Silver today mounted 24.2 cents to end at 2026.7 cents. Ahh, the positives! Gold's fourth weekly higher close. The gold price above the 50 DMA ($1,241.86). Gold at the neckline for what promises to be an upside down head and shoulders. Gold within shooting distance of the December $1,267.50 high. Gold, with a positive MACD in positive alignment, a positive RSI, positive full stochastics, and positive rate of change. All I could ask more is gold above $1,550 -- but wait. Be patient. Meanwhile the GOLD/SILVER RATIO, which falls during gold and silver rallies, has been inching downward since Mid December. Today it closed below its 50 DMA and right at the 20 and 200 DMAs, trying to fall out of bed. Wait, wait, wait! Did I neglect to mention that all three gold stock indices today burst their bonds and soared skyward? Yea, the HUI, GDX, and XAU in tandem. Now silver. the SILVER PRICE, up three of the last four weeks. On the weekly chart dancing with its downtrend line from 2011 [sic]. On the daily chart in an uptrend from the December low at 1872c. Next barrier is 2050 cents to break out of this congestion that has reigned below that number since mid-November. Then silver must o'erleap 2100c. Yet what progress already! It stands above its 20 and 50 DMAs (1985c and 2004dc). I don't want to bore y'all like some proud papa with pictures of a new baby, so I won't list all the positive indicators. There are lots of 'em. The silver and GOLD PRICE picture continues to improve steadily. And all this unashamed progress today came in the teeth of a boldly stronger dollar. I have been buying little by little since the lows, and will buy more when silver crosses 2100c and gold crosses $1,267.50. Only fly in this ointment is physical gold coin premiums, which are barely flabby. Not bad, just a mite soft. Silver premiums are holding up well. All this is the very best set-up we have seen in a year, but must be confirmed by higher prices and continued upward progress. Well, this IS interesting. This was a down week for the S&P500 but not for the Dow. It was the fourth UP week in a row for gold, and 3 out of 4 for silver. White metals rose this week, too, while the dollar finally made up its mind to climb. Stocks remain bewildered and squabbling with each other. All indices but the Dow fell today (the "Invisible Hand" of the NGM, painting the tape with the most widely followed index? Real or Memorex?). Dow inched up 41.55 (0.25%) to 16,458.56 but the S&P500 said "No" and stumbled 7.2 (0.4%) to 1,838.69. Maybe I'm prejudiced -- everybody is -- but this looks weak. Then add a falling Relative Strength Index and the MACD on a sell signal. Rate of change is below zero (negative) for both indices. All these witness that momentum -- the line of least resistance -- is down. Still, I will admit this remains somewhat equivocal. Stocks might jump Monday to new highs, nixing my interpretation. But both are poised to fall through their 20 DMAs, and with all those other negatives weighing them down, I expect Monday to be a rough day for stock bulls. I watch the Dow in Gold and Dow in Silver because sometimes turns in these precede outright turns in gold or silver, or coincide and confirm. Both these indicators promise gloom for stock investors. Dow in Gold has moved from the high side of its trading channel at 13.80 oz (G$285.27 gold dollars), below its 20 DMA, and to the low side of its trading channel. Today's 13.13 oz (G$271.42) close hangs close above the channel's bottom boundary and the 50 DMA at 12.99 oz (G$268.53). All indicators point toward the earth's magma core. Dow in Silver presents a like picture. Dropped today 0.86% to 810.37 oz, hanging barely above the 50 DMA at 804.97. The goofy, sorry US DOLLAR INDEX finally came out swinging today. It scampered up 36 basis points (0.44%) to end at 81.37, highest close since November. 200 DMA lieth near above at 81.58. When it punches through that, 'twill run for 83. The perky dollar hit the euro like a cat-o-nine-tails, flogging it out of the trading channel and down below its 50 DMA ($1.3613. Closed down 0.57% at $1.3540. First target is about $1.3341, the 200 DMA. Japanese yen kept its head timidly low today, rising 0.05% -- if that can be called a "rise" -- to 95.86 cents per 100 yen. It has been thoroughly rebuked and chastened for its audacious rise last week. Y'all enjoy your weekend! Argentum et aurum comparenda sunt -- -- Gold and silver must be bought. - Franklin Sanders, The Moneychanger © 2013, The Moneychanger. May not be republished in any form, including electronically, without our express permission. To avoid confusion, please remember that the comments above have a very short time horizon. Always invest with the primary trend. Gold's primary trend is up, targeting at least $3,130.00; silver's primary is up targeting 16:1 gold/silver ratio or $195.66; stocks' primary trend is down, targeting Dow under 2,900 and worth only one ounce of gold or 18 ounces of silver. or 18 ounces of silver. US $ and US$-denominated assets, primary trend down; real estate bubble has burst, primary trend down. WARNING AND DISCLAIMER. Be advised and warned: Do NOT use these commentaries to trade futures contracts. I don't intend them for that or write them with that short term trading outlook. I write them for long-term investors in physical metals. Take them as entertainment, but not as a timing service for futures. NOR do I recommend investing in gold or silver Exchange Trade Funds (ETFs). Those are NOT physical metal and I fear one day one or another may go up in smoke. Unless you can breathe smoke, stay away. Call me paranoid, but the surviving rabbit is wary of traps. NOR do I recommend trading futures options or other leveraged paper gold and silver products. These are not for the inexperienced. NOR do I recommend buying gold and silver on margin or with debt. What DO I recommend? Physical gold and silver coins and bars in your own hands. One final warning: NEVER insert a 747 Jumbo Jet up your nose. |
These 10 <b>Charts</b> Suggest the Outlook for <b>Gold</b> Is Good for 2014 and <b>...</b> Posted: 17 Jan 2014 02:58 PM PST While we may see some further weakness in the short term the 7 charts on gold and 1 each on silver, platinum and palladium below suggest that the outlook is good for 2014 and the coming years. So says Mark O'Byrne (goldcore.com) in edited excerpts from his original article* entitled 7 key gold charts: "Bull market ahead". [The following is presented by Lorimer Wilson, editor of www.FinancialArticleSummariesToday.com and www.munKNEE.com and may have been edited ([ ]), abridged (…) and/or reformatted (some sub-titles and bold/italics emphases) for the sake of clarity and brevity to ensure a fast and easy read. This paragraph must be included in any article re-posting to avoid copyright infringement.]O'Byrne goes on to say in further edited excerpts: Often "a picture paints a thousand words" and the 7 key gold charts [plus one each on silver, platinum and palladium] below should make gold bears nervous. The charts were compiled by Nick Laird of ShareLynx.com (Sharelynx.com is a great website for charts and well worth the subscription.) So without further ado, lets look at these important gold charts. Gold Chart 1 – The banks are long gold … Gold Chart 2 – Gold stocks are being withdrawn … Gold Chart 3 – Supplies are being held back … Gold Chart 4 – COT Data shows that banks and others are positioned perfectly for a bull run to start … Gold Chart 5 – Pivot point time – double bottom … Gold Chart 6 – Never been a better buy … Gold Chart 7 – Just bounced off one of it's most oversold phases … Silver Chart – Silver double bottom … Palladium Chart – Time to breakout … Platinum Chart – Time to get out of it's funk … Sentiment is as bad as we have seen it in the precious metals market. As the charts show, such sentiment, price action and oversold conditions tend to coincide with major lows in gold and silver prices and multi-month price gains. The Future For Gold Very poor sentiment towards gold and oversold conditions is reminiscent of the conditions seen in late 2008 and January 2009 [as seen in the chart below] when gold prices had fallen by more than 25% in 9 months. Subsequently, gold rose from a low on January 15, 2009 at $802.60/oz to a high less than 12 months later at $1,215/oz for a gain of over 50%. A similar move today would see gold above $1,800/oz by year end. We believe similar gains may be seen in the coming months and years. Investors should position themselves accordingly. [Editor's Note: The author's views and conclusions in the above article are unaltered and no personal comments have been included to maintain the integrity of the original post. Furthermore, the views, conclusions and any recommendations offered in this article are not to be construed as an endorsement of such by the editor.]* http://www.goldcore.com/goldcore_blog/Seven_Key_Gold_Charts_Bull_Market_Ahead (GoldCore Limited trading as GoldCore is registered in the Companies Registration Office under Company number 377252. Registered for VAT under number 6397252A. © 2014) Related Articles: (The articles posted on munKNEE.com deliberately present a diverse perspective on subjects discussed. Below are links, with introductory paragraphs, to a variety of related articles designed to help you become truly informed regarding both sides of the issues so that you can assess the merits of all points of view and come to your own conclusion.)1. Gold & Silver to Plunge – Again – Then Move Up Dramatically Later in 2014 Back in early May, 2013, I correctly forecast the lows in gold & silver which occurred 2 months later. Today, my new analyses of gold & silver indicates they both will show further weakness during the first quarter of 2014 before both jumping dramatically in price before the end of 2014. Below are the specific details of my forecasts (with charts) to help you reap substantial financial rewards should you wish to avail yourself of my insightful analyses. Read More » 2. Nick Barisheff: "Today's the 2nd-Greatest Opportunity to Buy Gold Since 2002!" Last year…saw gold's greatest decline in 32 years…but I'm still confident that gold's bullish fundamentals are still intact and that what I said in my recently published book, $10,000 Gold, still holds true. Here's why. Read More » 3. It's PARAMOUNT to OWN some PHYSICAL Gold & Silver – Here's WHY Stop lamenting the current price of gold and silver and questioning the validity of owning PMs because without gold and/or silver it will be almost impossible to survive what is to come. No one knows when, but when it does, and it is a historical certainty, are you really going to care what you paid for your gold and silver? Read More » 4. Noonan: "Gold" War Has Replaced Cold War in China/Russia vs. U.S. Struggle for Economic Dominance With the Western central bankers conducting a clearance sale, and depleting their physical holdings in the process, China and Russia are importing gold at cheaper and cheaper price levels. In the war for gold, the East and West are still winning, but for vastly different reasons. Let me explain. Read More » 5. Noonan: Charts Suggest Lower Lows for Gold & Silver to Come in 2014 Because the natural laws of supply and demand do not apply to gold and silver, the only way we can track the influence of endless paper supply on the market is through the most reliable source, the market itself, and the best way to track the market is through charts.Let's take a look at what they are conveying today. Read More » 6. Gold In 2014: Price Forecasts ($900 – $1,435) & Commentary Below are a series of forecasts and predictions of what 2014 could bring for the price of gold (as low as $900/ozt. & no higher than $1,435/ozt.) and the reasons why with interesting commentary by some individual investors and gold enthusiasts. Read More » 7. China Converting U.S. Dollar Debt Holdings Into Gold At Accelerating Rate China, Russia and other nations are exiting their dollar-denominated holdings in favor of gold. This action should put pressure on the dollar and U.S. treasuries, pushing not only central banks, but mainstream investors towards the safety of precious metals and other tangible assets that cannot be defaulted on. There will be a rush out of dollars and into assets with no counter-party risk, it is just a matter of how soon it happens. Read More » 8. "$10,000 Gold" Exclusive Excerpts from Nick Barisheff's New Book $10,000 Gold offers a candid insight into the current state of the economy, the underlying causes of gold's rising value and why the price of gold will continue climbing to $10,000/ounce and beyond in the years to come. The book contends that intelligent investors have no choice but to invest in this precious metal to stay safe no matter what lies ahead. Read More » 9. Just Gold & Silver: The Most Read Such Articles In 2013 munKNEE.com will receive well over 1,000,000 visitors again in 2013 and is now the "go-to" destination for diversified commentary and analyses on the current gold & silver doldrums and the future expectations for these precious metals. Below are introductions (with links) to the 13 most read such articles in 2013 in order of popularity. Interestingly, each of the 13 are as relevant today as the day they were posted so they are well worth taking the time to read. Read More » 10. The Pros & Cons of Buying Gold Bars vs. Ingots vs. Coins It is during difficult times [such as these when] quantitative easing and currency wars have highlighted the volatility and vulnerability of currencies…that the true, safe value of gold really stands out. It is now easier for you to convert your savings into gold than ever before and this article outlines the reason for buying physical gold and the advantages and disadvantages of buying gold bars, ingots and/or coins. Read on! Words: 853 Read More » 11. Gold To Begin a Parabolic Rise In 2014 – Here's Why We are now starting the hyperinflationary phase in the USA and many other countries – and this will all start in 2014. What will be the trigger? The answer is simple – the fall of the U.S. dollar. Read More » 12. 12 Reasons Why Gold Should Bounce Sharply Higher in 2014 Is it time to throw in the towel? Is the bull market in precious metals really over? I don't think so because my analyses suggest that nearly all of the fundamental factors that have been driving the gold price higher in the past decade have only strengthened in the past two years. Now that the correction has most likely run its course, I expect gold to rebound into the close of the year and bounce sharply higher in 2014. Here are the 12 reasons why. Read More » 13. Growth In National Debt Is 86% Correlated to the Price of Gold! Got Gold? The correlation between the gold price, silver price and the debt growth has been amazingly accurate since 2001. Government spends too much money to perform a few essential services and to buy votes, wars, and welfare, and thereby increases its debt almost every year, while gold and silver prices, on average, match the increases in accumulated national debt. Read More » 14. These Sites Are the BEST Places to Buy Gold & Silver Online – Here's Why Our review of the best places to buy gold online…[are] dependent on what your goal with the gold is — amassing physical bullion for financial security or to speculate on gold prices. Below are strategies and recommended dealers for each approach: Words: 532 Read More » 15. What's the Difference Between 1 Gold Karat, 1 Diamond Carat and 1 Troy Ounce? You have no doubt read countless articles on the price of gold costing "x dollars per ounce", own a gold ring or some other piece of gold jewellery and/or wear or have bought/plan to buy a diamond ring but do you really understand exactly what you are buying? What's the difference between 1 troy ounce of gold and 1 (regular) ounce? What's the difference between 18 and 10 karat gold? What's the difference between a .75 and a 1.0 carat diamond? Let me explain. Words: 1102 Read More » 16. How Will the Price of Gold Evolve Into 2014 and Beyond? A Perspective How will the price of gold develop into 2014 and in the following years? [Read on as] we try a look into the future. Words: 2600 Read More » 17. Should You Invest In Gold or Silver, Neither or Both? …It's not unreasonable that gold and silver (along with platinum) are often lumped together in the precious metal basket…but it's important to distinguish between silver and gold rather than assume that the two metals are interchangeable. Words: 385 Read More » 18. 6 Rules for Buying & Selling Gold & Silver the Right Way Here are 6 rules for buying and selling gold, silver and gold palladium the right way. [You'll] not only get the best-possible prices but also [know] how to feel good about the quality of your purchase! Read More » 19. Gold: Buy Now & You Buy Right! Here Are 4 Reasons Why Q: Is now the time to buy more gold or to finally get in the game? A: Yes. Make sure that you take advantage of today's price and "mine" your own gold. [Here are 4 reasons why that is the case.] Read More » 20. Physical Gold Cannot Possibly Lose Out Over Fiat & Digital Currencies – Here's Why Gold cannot possibly lose its central position as the pre-eminent money used by the world for thousands of years. The aggressive measures of the Anglo-American Axis with regard to gold are absurd and they will lead to total disaster both for the Axis, and for the world which has been forced to follow its lead for over forty years. Read More » 21. The Gold Story Is NOT Over. Far From It. Here's Why Is it time to admit defeat, sell our positions, slink into a cave, and lick our wounds? Absolutely not. The only thing that changed over the past 60 days was the price of gold, and perhaps the mainstream's perception of our industry. The realities of the fiscal and monetary state of the world, however, did not. Amid the ongoing rollercoaster ride of gold prices, clearheaded thinking reveals reasons to be optimistic. Read More » 22. 4 Specific Reasons Why Owning Gold Still Matters I'm not going to predict a speedy recovery for gold prices. That said, I continue to believe that gold offers investors safety in an uncertain world and, while I remain optimistic about the recovery of the U.S. economy and stellar financial performance of some companies, there is reason for concern on a global level. That's why I think every investor…must own gold. Read More » 23. Noonan: Is Gold's Decline Being Caused By Fed Payback Time to China? The manipulated raids in the gold market since last April may be hurting the Precious Metals game players, weakening their confidence and "disproving" gold's worth against a fiat currency, but they serve a greater purpose, as in Federal Reserve payback time to China. Here's why. Read More »
|
You are subscribed to email updates from gold price graph - Google Blog Search To stop receiving these emails, you may unsubscribe now. | Email delivery powered by Google |
Google Inc., 20 West Kinzie, Chicago IL USA 60610 |
0 Comment for "Gold Drives Silver Price - Expecting Incredibly Bullish 2014 :: The ..."