Tag Archive: Gold

Gold Is Slowing

2016-05-09

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2016-05-09

  A Loss of Momentum The price of gold moved down slightly this week, while that of silver dropped more substantially—1.9%. We don’t see much decrease in the enthusiasm yet from this minor setback. This was a shortened week due to the May Day holiday...

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Paper Gold Is Rising

2016-05-02

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2016-05-02

  The Metals Take Off The price of gold shot up over $60 this week. The price of silver moved up proportionally, gaining over $0.85. The mood is now palpable. The feeling in the air is that of long suffering suddenly turned to optimism. Big gains, if...

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Gold, Bonds and Negative Interest Rates Give SNB a Q1 profit

2016-04-28

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2016-04-28

2016 Q1 Results Swiss National Bank
SNB Results Q1 2016: Two thirds of SNB profit comes from Gold. Deflation helps with higher bonds prices and profit on negative interest rates.

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Great Graphic:Is that a Head and Shoulders Top in Gold?

2016-04-14

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2016-04-14

This Great Graphic, created on Bloomberg shows the price of gold over the last six months.  The price peaked a month ago near $1285.  It seems a distribution top is being formed.   Specifically, it looks like a potential head and shoulders to...

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The Gold Money Supply Correlation Report, 3 Apr, 2016

2016-04-04

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2016-04-04

There were some fireworks this week. Gold went up on Tuesday (it was a shortened week due to Easter Monday), from a low of $1,215 to $1,244 over the day, a move of over 2 percent. Silver moved from $15.02 to $15.44, almost 3 percent. What happened on...

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The Voldemort Effect: Gold Price and Gold Sales

2016-04-01

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2016-04-01

Gold market analysts have for many years puzzled over the unusual behaviour of the gold market during the 1990s, specifically the bizarrely flat gold price from 1993 to 1996 in the face of sustained selling pressure from central banks and gold miners...

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Silver Relative Strength Report, 27 Mar, 2016

2016-03-28

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2016-03-28

Gold went down (as the muggles would measure it, in dollars). It dropped almost 40 bucks. Silver fell almost 60 cents. Since silver fell proportionally farther than gold, the gold-silver ratio went up.

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FX Review Week March 21- March 25

2016-03-26

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2016-03-26

The US dollar rose against all the major and most emerging market currencies last week. After selling off following the ECB and FOMC meetings, the dollar found better traction.  It was helped by widening interest rate differentials.  Regional Fed manufacturing surveys for March suggest the quarter is ending on a firm note.  With new orders rising, …

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Silver Gone Wild Report, 20 Mar, 2016

2016-03-21

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2016-03-21

Early on Monday morning (Arizona time), silver began to rise. From its close on Friday of $15.46, it ran up to $15.82. Then it began to slide, eventually dropping to $15.17 by midmorning on Wednesday. Then…

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Supply and Demand Report, 13 Mar, 2016

2016-03-14

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2016-03-14

On the week, the prices of the metals didn’t move all that much. However, the move around 6am (Arizona time) on Thursday is notable. The price of silver spiked up from around $15.12 to $15.64—3.4%—by around 8am. Twelve hours later, the price touched ...

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Gold-Silver Ratio Reversal Report, 6 Mar, 2016

2016-03-07

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2016-03-07

So the price of silver rocketed up 80 cents, while the price of gold jumped $37. Silver is now more expensive than it was two weeks ago; the price decline of last week was more than overcompensated. This pushed the gold-silver ratio down about two wh...

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Gold-Silver Ratio Breakout Report, 28 Feb, 2016

2016-02-29

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2016-02-29

The gold to silver ratio moved up very sharply this week, +4.2%. How did this happen? It was not because of a move in the price of gold, which barely budged this week. It was due entirely to silver being repriced 66 cents lower.

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Gold Costs 80oz of Silver, Report 21 Feb, 2016

2016-02-22

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2016-02-22

The big news is that the gold-silver ratio closed at 80. This is not only a new high for the move. It’s higher than it has been since 2008. It’s also exactly what Monetary Metals has been calling for. Last week, we said the gold fundamental was $1,45...

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The Silver Blaze Report, 14 Feb, 2016

2016-02-15

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2016-02-15

Again, we had another big drop in the dollar this week. No, we don’t mean against the dollar derivatives known as the euro, pound, etc. We mean by the only standard capable of measuring it: gold. The dollar fell 1.4 milligrams, to 25.1mg gold. Or, if...

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Possible Silver U-Turn Report, 7 Feb

2016-02-08

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2016-02-08

Wow, did the dollar move down this week! It dropped more than it has in quite a while. It fell 1.3mg gold, or 0.1g silver. Gold and silver bugs of course are excited, as they look at it as the prices of the metals going up $55 and 72 cents respective...

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Possible Sign of Silver Turn, Report 31 Jan, 2016

2016-02-01

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2016-02-01

The price of the dollar was down 50mg gold, to 27.8mg, or if you prefer 0.04g silver to 2.18g. Why do we measure the volatile dollar in terms of gold and silver? There’s nothing else to measure it, certainly not the dollar-derivatives called euro, po...

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Monetary Metals Brief 2016

2016-01-28

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2016-01-28

We have consistently been making the contrarian call for a falling silver price and a rising gold to silver ratio for years. This ratio has risen a lot during this time. So are we ready to change our call yet?

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Will Gold Outperform Stocks?

Will stocks go up more, or will gold outperform? With the paperocentric theory, this is hard to answer. We have to estimate rates of inflation (meaning increases in the quantity of dollars) and calculate how much inflation (meaning rising prices of all things, consumer and asset) that will cause. Then we have to somehow put a value on gold. It boils down to a guess.

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Silver Goes Foom, Report 24 Jan, 2016

2016-01-25

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2016-01-25

This will be a brief report, as we’re focused on releasing our Outlook 2016 Report which is over 8,000 words of our assessment of the gold, silver, currency, and credit markets. Also, this was a holiday-shortened week (Monday was Martin Luther King D...

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Won’t Get Fooled Again, Report 17 Jan, 2016

2016-01-18

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2016-01-18

There is a great lyric in Won’t Get Fooled Again by The Who: Then I’ll get on my knees and prayWe don’t get fooled again Remember last week, when the price of silver spiked? On Thursday that week, the price was moving sideways around $14. Then around...

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