Tag: Gold Market Speculation
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Bottom for the gold market?
Q: Is there an update on the bottom for the gold market? A: Yes. On the bullion, it appears that the low was $1045 about 8 months ago. The shares made their lows mostly a month later. Some shares such as ABX, bottomed a half year earlier. It has been a fragmented market pattern. Q:…
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Gold Price and the Fear Response
Q: The recent murder or execution of five Dallas Texas police officers has not affected the gold price. I expected at least a small daily bump up on a fear response. What do you think? A: Events do not move markets. It’s the human emotions response to events that do. And moreover, I do not…
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Enormous volatility in the Gold Market with BREXIT
Q: We have witnessed enormous volatility in the gold market with BREXIT’s unexpected win. Does this mark the beginning of a breakout to the upside or was it a panic finish of a countertrend rally starting at about $1,050 and ending at about $1,360? A: Good question. The last $110 move in two hours was…
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Negative interest rates and the price of gold
Q: How will negative interest rates affect the price of gold? A: On a fundamental level and for obvious reasons, negative interest rates are another reason to own precious metal assets: they refute the objection that gold does not earn interest. Q: Why have the BOJ and ECB gone to negative interest rates? A: Officially…
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Gold bullion and gold shares have had a nice rally
Gold bullion and gold shares have had a nice rally over the last four months. The entire precious metals market has the general shares market as well. A break in the general shares market is one of the four criteria for calling the low in the bear market. At this point, the general shares market…
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Why Gold Has Been Falling (In 1 Simple Chart)
It was predictable: gold takes a breather, and a flash mob of gold agnostics and atheists forms to point out the price is falling and that there’s little reason to get excited about it. That’s the problem with investing bias; you don’t look for, or just ignore, evidence that shows another factor is in play.…
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The Greatest Crash Of Your Life Is Just Ahead… – warns Harry Dent
Harry Dent, best-selling author and economist, has warned that the stock bubble in the U.S. today is the biggest in history and that the “greatest crash of your life is just ahead…” Writing on his website EconomyandMarkets.com, Dent warned that The story on Wall Street and CNBC continues to be that we’re in a correction…
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Silver Wheaton announces Record Year of Production and Sales Volumes in 2015
VANCOUVER, March 16, 2016 – Silver Wheaton Corp. (“Silver Wheaton” or the “Company”) (TSX:SLW) (NYSE:SLW) is pleased to announce its results for the fourth quarter and year ended December 31, 2015. All figures are presented in United States dollars unless otherwise noted. Silver Wheaton achieved record production for a fifth straight quarter resulting in over…
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Is the biggest short yet to come?
Q: Is the biggest short yet to come? A: Yes. I think so. We are in a much larger bubble than the Internet/Tech Bubble or the Real Estate/Subprime Mortgage Bubble. Q: What is the bubble and how did it develop? A: Before I explain, I need to cover a few economic principles. Every transaction involves…