As the coronavirus continues to spread, global financialmarkets are showing the symptoms of investor unease. Chinese and emerging markets stocks have taken a big hitover the past several days, as have commodities. Crude oil prices have dropped13% over the past two weeks while copper has seen a 12% drop on concerns aboutthe impact of the China virus on global demand. Gold is faring much better as s...Read More

Recession, recession - will wesee one in 2020? And will it bring about a rally in gold then?. True or false?In today’s article, we’ll test the ‘recessionin 2020’ narrative and we’ll then show you what it all means for the gold market.One year ago, we wrote that “we do not expectrecession next year or even in 2020”. We were right: the U.S. economy did notsl...Read More

TheFed kept rates unchanged and while it was not immediately preceded by majorprice moves in the PMs, the no-change decision was followed by bullish priceaction in the following hours. This action extends into today’s pre-markettrading.Mostinterestingly, however, the USD Index repeated its daily reversal confirming that lower values are to be expected. This confirms our yesterday’sanal...Read More

The Dow is at, or very close to a 90-yearresistance line: Could a top be in, or is it extremely close?What I do know, from my own research, is that major Dow peaks are extremelyimportant when it comes to Silver rallies. The best part of Silver rallies often comeafter major Dow peaks, and can last for years.Below, is a another long-term chart of theDow (with a Silver chart at the bottom):I have don...Read More

Following up on some of our recent metals research, we wanted to alert our friends and followers to the incredible opportunity that still exists in Silver.  We’ve highlighted two of our more recent articles for reference and review, below.  Silver continues to be one of the most incredible opportunities for 2020 and Silver Miners (SIL) could explode to the upside as the price of Si...Read More

The gold bull market ended 2019 with a strong gain of 19%. The first half the year was marked with uncertainty as the price after an early year surge to $1350 gave up all of it's gains to drift lower to trade down on the year by early May. However, this was the calm before the bull market storm and that set the stage for a powerful bull run starting early June that saw the Gold price rocket higher...Read More

Because it’s so important to see this correctly and not pretend we (well, I) know more than we (I) actually do I find it important to look at pictorial representations of history and think about them when I get some quiet time (ha ha ha, like not on Twitter, not reading financial/gold websites and most certainly not watching TeeVee finance and news).So I am thinking about the Commitments of...Read More

In late December 2019, a bill from the German finance ministry –which had passed the lower legislative house – proposed lowering the "anonymouspurchase limit" for precious metals from €10,000 to €2,000 (about $2,200),a reduction of 80%. At the current price, one could buy less than one and one-halftroy ounces of gold without activating customer ID paperwork, and for...Read More

We can all dream about Silver outpacing Gold. However the truth about Silver is that it tends to under perform during precious metals bull markets, and only really coming alive inthe bull markets final stages when it tends to spike. So Silver for 2019 did what Silver tends to do which is to under perform against Gold. Though in reality maybe investors tend to set their hopes too high, as a gain of...Read More

Physical palladium and rhodium markets are buzzing. Reportedprices for both metals leapt higher in recent days. The story behind palladium’s move is that aphysical shortage has developed in London. Traders sold metal they didn’tphysically possess. Now they are being asked to deliver the bars andthey are scrambling to secure the metal needed, bidding prices higher.It looks lik...Read More

Platinum has setup into a longer-term FLAG formation and has recently broken the APEX of this FLAG.  The long term potential for Platinum, in conjunction with the advance in Rhodium, Palladium, Gold, and Silver, is a new Bullish Price Trend.Our researchers believe Platinum must move above $1200 for this new Bullish trend to anchor a “Breakout Base” formation.  The current inv...Read More

A new day, a new record in palladium! Is there any stopping it fromreaching another high? What’s next in store for the white metal? If you thought gold had a goodyear, you were wrong. OK, maybe not wrong, but palladium enjoyed larger gains. Just look at the chart below, whichshows the price of palladium. As you can see on the chart below, this metalgained almost 50 percent in 2019, rising fr...Read More

Gold stocks are often cited as recessionproof stocks. Although this has not always been true, they do tend to rise whenthe economy is in a recessions and/or when the general stock market is indecline or showing relatively little gains. Below, is a long-term chart of the Dow:I have indicated significant gold stocksrallies with blue rectangles. As you can see that they mostly occur aroundDow/Gold ra...Read More

The global oil and gas industry is facing the "twin threats" of the loss of profitability and the loss of social acceptability as the climate crisis continues to worsen. The industry is not adequately responding to either of those threats, according to a new report from the International Energy Agency (IEA)."Oil and gas companies have been proficient at delivering the fuels that for...Read More

I most often use linear scale charts for stocks, markets and indicators for their more absolute views. But in the case below we conjure up a long-term log scale chart showing the Gold/Silver Ratio (GSR) and the S&P 500 (SPX), as it works better in providing a percentage-based relationship between an indicator of market liquidity and inflation when declining and lack of liquidity, deflation or&...Read More

Germans,like Indians and Chinese, love their gold - although their reasons for buyingand keeping bullion are somewhat different.  InChina and India, gold jewelry is a status symbol - a sign of wealth andsuccess. In Germany, owning gold bars and coins, maybe a 24-karat necklace ortwo, is a means of preserving wealth, especially in times of war or economiccrisis, something never far from German...Read More

The gold miners’ stockshave spent the past half-year mired in a high consolidation.  They haven’t been able to break out, but aren’tbreaking down either.  This technicalpurgatory is working to slowly bleed off overboughtness and rebalance sentiment.  This necessary process to eradicate greedfrom the last upleg peak is never exciting. But today’s low gold...Read More

Our base scenario for 2020 is that it might be a worse year for gold than 2019 was. However, there are three major upside (and one downside) risks for the gold market, which could materialize in 2020. Today’s article will introduce you to these potential catalysts that could send gold prices higher (or significantly lower) in 2020.We stated earlier that unless something bad happens, 2020 may...Read More

Apparently, there is no limit. This seems especially true right now with all of the “obvious” signs and indicators staring you in the face. It is almost blasphemous to speak cautiously. Better to let your imagination run wild and join in the revelry.I can’t do that. I don’t choose to be dumped into the same cauldron of boiling fantasy with other analysts and advisors, who t...Read More

Silver must begin to move dramatically higher in order to close this price disparity between the value of Gold to Silver...by Chris Vermeulen of The Technical TradersFollowing up on some of our recent metals research, we wanted to alert our friends and followers to the incredible opportunity that still exists in Silver. We've highlighted two of our more recent articles for reference and review,...Read More