Farshad Shirvani is the President and CEO of DoubleView. Visit DoubleView at https://www.doubleview.caDavid Moadel is a trader and investor of stocks and options. A former elementary school teacher, David has a master's degree in education and a unique ability to convey knowledge in the area of finance. He has coached many people and likes to combine fundamental and technical analysis to help peop...Read More
Jordan Roy-Byrne CMT, MFTA The precious metals sector remains in a correction, and as long as the 200-day moving averages hold, a bullish consolidation that began last September.Sure, Gold made a new high and is still holding around the previous high, but the rest of the sector has not confirmed that strength. When Gold is outperforming Silver and the gold stocks, it is not a bullish signal for...Read More
- RambusIn part 2 of this Important Inflection Point For the PM Complex, we'll look at some US dollar charts along with a few important currencies of the world. I don't have to tell you that the US dollar can play a very important role in how the PM complex and commodities in general may perform. Even though it's never a perfect correlation important turning points can appear very close to the...Read More
- Gary Christenson, Deviant InvestorIn the red corner, unpayable debt threatens to crush the US economy, stock and bond markets, and main street Americans.In the green corner, the levitating power of the Fed might save the economy, stock and bond markets, and Wall Street Banks.Red or green? Who wins?Breaking news: Apple stock closed over $315. The S&P 500 Index closed over 3,300 in January....Read More
By: Ira EpsteinGold is in a sideways market since missile day. Holding its 18-dma:Read More
Safe haven demand (due to Chinese corona virus) is supporting gold. I expect a rise in Chinese gold demand during the Chinese New year, if the virus is not contained in the next two weeks. Chinese economy will see a short term hit. More and more Chinese will buy gold out of fear. It is the fear of the unknown that will drive more and more people to gold.Chinese authorities are acting quickly. It...Read More
The Critical Investor provides an update on this explorer's Indiana project in Chile. Golden Arrow Resources Corp. (GRG:TSX.V; GARWF:OTCQB; G6A:FSE) recently came out with some pretty interesting news on its Indiana gold project in Chile. The company managed to amend the definitive agreement with the property owner, Mineria Activa (MSA), a Chilean private equity investment management firm focused...Read More
Andy Schectman of Miles Franklin Precious Metals Investments and Maurice Jackson of Proven and Probable discuss investment strategies centered on precious metals ratios. Creative Commons: Nick Youngson CC BY-SA 3.0 ImageCreatorMaurice Jackson: Joining us for a conversation is Andy Schectman, the president of Miles Franklin Precious Metals Investments. Always a pleasure to have you on the program...Read More
The precious metals sector remains in a correction, and as long as the 200-day moving averages hold, a bullish consolidation that began last September.Sure, Gold made a new high and is still holding around the previous high, but the rest of the sector has not confirmed that strength. When Gold is outperforming Silver and the gold stocks, it is not a bullish signal for the short-term.With that in m...Read More
Silver is still in consolidation mode sinceearly September, but could be close to a resolution.Below, is chart of silver: On the chart there appears to have formedsome fractals. The current one has also broken out at the blue line in middleto late December of 2019, and is currently retracing.It would be ideal for it to find support atthe 50-day MA or higher. Any lower and the pattern might be inva...Read More
Jordan Roy-Byrne CMT, MFTA The precious metals sector remains in a correction, and as long as the 200-day moving averages hold, a bullish consolidation that began last September.Sure, Gold made a new high and is still holding around the previous high, but the rest of the sector has not confirmed that strength. When Gold is outperforming Silver and the gold stocks, it is not a bullish signal for...Read More
- RambusIn part 2 of this Important Inflection Point For the PM Complex, we'll look at some US dollar charts along with a few important currencies of the world. I don't have to tell you that the US dollar can play a very important role in how the PM complex and commodities in general may perform. Even though it's never a perfect correlation important turning points can appear very close to the...Read More
- Gary Christenson, Deviant InvestorIn the red corner, unpayable debt threatens to crush the US economy, stock and bond markets, and main street Americans.In the green corner, the levitating power of the Fed might save the economy, stock and bond markets, and Wall Street Banks.Red or green? Who wins?Breaking news: Apple stock closed over $315. The S&P 500 Index closed over 3,300 in January....Read More
By: Ira EpsteinGold is in a sideways market since missile day. Holding its 18-dma:Read More
Safe haven demand (due to Chinese corona virus) is supporting gold. I expect a rise in Chinese gold demand during the Chinese New year, if the virus is not contained in the next two weeks. Chinese economy will see a short term hit. More and more Chinese will buy gold out of fear. It is the fear of the unknown that will drive more and more people to gold.Chinese authorities are acting quickly. It...Read More
LONDON, 23 January 2020 - Comment from BullionVault today leads an article on the impact of Chinese New Year gift-giving on global gold demand from French investment magazine, Capital."Chinese New Year is now the world's single largest gold-buying festival, beating India's Diwali every year since 2012," the magazine quotes BullionVault.You can read the full article, also carried by Yahoo Finance F...Read More
Craig HemkeWe've been monitoring and writing about palladium since the price first broke to new all-time highs in 2018. With the chart now seeming to go parabolic and with misunderstanding and misinformation also at all-time highs it seemed a great time to post this update.Let's start by going back to the beginning. Here are links to four palladium-focused posts written in 2019. If you only rea...Read More
By: Ira EpsteinGold held the first challenge of the 18-DMA, Bollinger bands are tightening:Read More
Industrial metals will be impacted more by the Corona Virus in China. Silver can also be impacted. Industrial metals can sell off and test 2019 lows and even fall below 2019's low if China's Corona Virus becomes an epidemic. Too early to comment. A few hundred people getting diseased by the virus is not an epidemic in the world's populous nation. The next three weeks will be crucial. Chinese int...Read More
IBM led the latest round of upbeat earnings reportsThe Dow finished lower today despite strong IBM (IBM) earnings, erasing its earlier gains in the final hour of trading on a down day for Boeing (BA). The S&P 500 and Nasdaq closed in the black and nabbed new record highs, thanks to strength in the semiconductor sector. Investors also monitored updates on the coronavirus outbreak, after President...Read More