Tag Archive: Precious Metals

Gold Sector – An Obscure Indicator Provides a Signal

2018-08-14

The Goldminbi. In recent weeks gold apparently decided it would be a good time to masquerade as an emerging market currency and it started mirroring the Chinese yuan of all things. Since the latter is non-convertible this almost feels like an insult of sorts. As an aside to this, bitcoin seems to be frantically searching for a new position somewhere between the South African rand the Turkish lira.

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Separating Signal from Noise

2018-08-01

by Claudio Grass

2018-08-01

Todd Horwitz is known as Bubba and is chief market strategist of Bubba Trading.com. He is a regular contributor on Fox, CNBC, BNN, Kitco, and Bloomberg. He also hosts a daily podcast, ‘The Bubba Show.’ He is a 36-year member of the Chicago exchanges and was one of the original market makers in the SPX.

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Crying Wolf – Precious Metals Supply and Demand

2018-07-24

by Keith Weiner

2018-07-24

The price of gold fell another ten bucks and that of silver another 28 cents last week. Perspective: if you are waiting for the right moment to buy, the market is offering you a better deal than it did last week (literally, the market price of gold is at a 7.2% discount to the fundamental price vs. 4.6% last week). If you wanted to sell, this wasn’t a good week to wait. Which is your intention, and why?

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Getting Their Pound of Flesh – Precious Metals Supply and Demand

2018-07-21

by Keith Weiner

2018-07-21

Keith Weiner’s weekly look on Gold. Gold and silver prices, Gold-Silver Price Ratio, Gold basis and co-basis and the dollar price, Silver basis and co-basis and the dollar price.

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The Gold Sector Remains at an Interesting Juncture

2018-07-11

by Pater Tenebrarum

2018-07-11

Technical Divergence Successfully Maintained. In an update on gold and gold stocks in mid June, we pointed out that a number of interesting divergences had emerged which traditionally represent a heads-up indicating a trend change is close (see: Divergences Emerge for the details). We did so after a big down day in the gold price, which actually helped set up the bullish divergence; this may have felt counter-intuitive, but these set-ups always do....

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Gold – Macroeconomic Fundamentals Improve

2018-07-10

by Pater Tenebrarum

2018-07-10

A Beginning Shift in Gold Fundamentals. A previously outright bearish fundamental backdrop for gold has recently become slightly more favorable. Ironically, the arrival of this somewhat more favorable situation was greeted by a pullback in physical demand and a decline in the gold price, after both had defied bearish fundamentals for many months by remaining stubbornly firm.

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Black Holes for Capital – Precious Metals Supply and Demand

2018-07-07

by Keith Weiner

2018-07-07

Race to the Bottom, Last week the price of gold fell $17, and that of silver $0.30. Why? We can tell you about the fundamentals. We can show charts of the basis. But we can’t get into the heads of the sellers. We can say that in the mainstream view, the dollar is rising. The dollar, in their view, is not measured in gold but in rupees in yuan and rubles. You know, all the superior forms of money…

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An Idea Whose Time Has Come, Report 1 July 2018

2018-07-03

by Keith Weiner

2018-07-03

Keith Weiner’s weekly look on Gold. Gold and silver prices, Gold-Silver Price Ratio, Gold basis and co-basis and the dollar price, Silver basis and co-basis and the dollar price.

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Lift-Off Not (Yet) – Precious Metals Supply and Demand

2018-06-19

by Keith Weiner

2018-06-19

Keith Weiner’s weekly look on Gold. Gold and silver prices, Gold-Silver Price Ratio, Gold basis and co-basis and the dollar price, Silver basis and co-basis and the dollar price.

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Gold Divergences Emerge

2018-06-18

by Pater Tenebrarum

2018-06-18

Bad Hair Day Produces Positive Divergences. On Friday the ongoing trade dispute between the US and China was apparently escalated by a notch to the next level, at least verbally. The Trump administration announced a list of tariffs that are supposed to come into force in three week’s time and China clicked back by announcing retaliatory action. In effect, the US government said: take that China, we will now really hurt our own consumers! – and...

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Retail Capitulation – Precious Metals Supply and Demand

2018-06-12

by Keith Weiner

2018-06-12

Keith Weiner’s weekly look on Gold. Gold and silver prices, Gold-Silver Price Ratio, Gold basis and co-basis and the dollar price, Silver basis and co-basis and the dollar price.

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Industrial Commodities vs. Gold – Precious Metals Supply and Demand

2018-06-06

by Keith Weiner

2018-06-06

Keith Weiner’s weekly look on Gold. Gold and silver prices, Gold-Silver Price Ratio, Gold basis and co-basis and the dollar price, Silver basis and co-basis and the dollar price.

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In Gold We Trust, 2018

2018-05-31

by Pater Tenebrarum

2018-05-31

The New In Gold We Trust Report is Here! As announced in our latest gold market update last week, this year’s In Gold We Trust report by our good friends Ronald Stoeferle and Mark Valek has just been released. This is the biggest and most comprehensive gold research report in the world, and as always contains a wealth of interesting new material, as well as the traditional large collection of charts and data that makes it such a valuable reference...

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Wild Speculation in Crude Oil – Precious Metals Supply and Demand

2018-05-30

by Keith Weiner

2018-05-30

Keith Weiner’s weekly look on Gold. Gold and silver prices, Gold-Silver Price Ratio, Gold basis and co-basis and the dollar price, Silver basis and co-basis and the dollar price.

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Why the Fundamental Gold Price Rose – Precious Metals Supply and Demand

2018-05-23

by Keith Weiner

2018-05-23

Keith Weiner’s weekly look on Gold. Gold and silver prices, Gold-Silver Price Ratio, Gold basis and co-basis and the dollar price, Silver basis and co-basis and the dollar price.

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Gold and Gold Stocks – Conundrum Alert

2018-05-22

by Pater Tenebrarum

2018-05-22

Moribund Meandering Earlier this week, the USD gold price was pushed rather unceremoniously off its perch above the $1300 level, where it had been comfortably ensconced all year after its usual seasonal rally around the turn of the year. For a while it seemed as though the $1,300 level may actually hold, but persistent US dollar strength nixed that idea. Previously many observers (too many?) expected gold to finally break out from its lengthy...

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Scorn and Reverence – Precious Metals Supply and Demand

2018-05-16

by Keith Weiner

2018-05-16

Keith Weiner’s weekly look on Gold. Gold and silver prices, Gold-Silver Price Ratio, Gold basis and co-basis and the dollar price, Silver basis and co-basis and the dollar price.

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Fear and Longing – Precious Metals Supply and Demand

2018-05-08

by Keith Weiner

2018-05-08

Keith Weiner’s weekly look on Gold. Gold and silver prices, Gold-Silver Price Ratio, Gold basis and co-basis and the dollar price, Silver basis and co-basis and the dollar price.

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Wrong-Way Breakout in Silver – Precious Metals Supply and Demand

2018-05-01

by Keith Weiner

2018-05-01

Keith Weiner’s weekly look on Gold. Gold and silver prices, Gold-Silver Price Ratio, Gold basis and co-basis and the dollar price, Silver basis and co-basis and the dollar price.

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Getting High on Bubbles

2018-04-26

by Keith Weiner

2018-04-26

Back in the drug-soaked, if not halcyon, days known at the sexual and drug revolution—the 1960’s—many people were on a quest for the “perfect trip”, and the “perfect hit of acid” (the drug lysergic acid diethylamide, LSD). We will no doubt generate some hate mail for saying this, but we don’t believe that anyone ever attained that goal.

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