Gold & Precious Metals
Gold: Three Strikes Of Danger
Posted by Morris Hubbartt - Super Force Signals
on Friday, 31 October 2014 13:06
“Our main format is now video analysis…”
Gold Three Strikes Of Danger Charts Analysis
GDXJ Happy Halloween From The Banksters Charts Analysis
GDX Distribution Volume Attack Charts Analysis
Chinese Stock Market (FXI) Breakout Charts Analysis
Silver Wedge Of Pain Charts Analysis
Thanks,
Morris
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Oct 31, 2014
Morris Hubbartt

Gold Silver Alert: Increase Short Position
Posted by Przemyslaw Radomski - Founder Sunshine Profits
on Thursday, 30 October 2014 12:24
Gold & Silver Trading Alert: Gold Declines Once Again As Expected
‘Briefly: In our opinion speculative short positions (full) in gold, silver and mining stocks are justified from the risk/reward perspective.
Gold and mining stocks declined yesterday in a rather profound way. The GDX ETF finally broke below its 2013 lows and the volume that corresponded to this action was high. However, silver almost didn’t react – why didn’t it? Will we see a rally shortly?
In short, not likely. There was a good reason for silver to hold up strongly at this time. However, before we move to this situation, let’s take a look at the “background info” – the changes in the USD Index (charts courtesy of http://stockcharts.com).
A clip from the summary:
“Summing up, the situation in the precious metals market was bearish but based on yesterday’s price action it has now become even more bearish (taking the short term into account). While we wrote that it was justified to open small short positions in the sector a few days ago (which are already profitable), it seems that doubling them at this time is also justified (as always, just our opinion).”
….read and view full size charts HERE

Gold: The Ultimate Store of Value?
Posted by Larry Edelson - Commodities, Stocks, Technical Analysis
on Wednesday, 29 October 2014 13:45
Over the past couple of weeks, gold has managed a meager rally. Yet, despite the rally, gold has already given me a major sell signal.
And another one looms ahead. Ditto for silver.
It concerns me. Why? Because I know there are scores and scores of investors who are getting bad advice in the precious metals that will result in terrible losses.
Look, gold is the ultimate store of value. That is true. And someday, gold will head north of $5,000 an ounce. Silver north of $150.
But if you want to avoid losing money in the precious metals market and instead make the most amount of money you can, you simply must get your timing right.
And just as important, you must have an open mind when investing in gold and silver. You can’t get married to your metal (or any investment for that matter) — as if investing in precious metals was some sort of religion.
For instance, you have to realize that sometimes, gold is money … and sometimes it simply isn’t money. Or even a store of value.
Right now, gold is not money. Just consider what’s happening in Europe. The wicked and aggressive devaluation of the euro is actually starting to set off a massive stampede out of gold and into cash and other assets.
Why would Europeans dump gold, especially when their currency is being devalued?
It’s simple. The recent sharp decline in the euro caused the price of gold in euros to spike higher, while the dollar price of gold essentially went nowhere. So savvy European investors are cashing in their profits.
Moreover, European investors want liquidity, with a capital L. And holding on to gold is not a liquid situation.
Moving physical gold around isn’t so easy. It takes time and money to move your gold. And even then, you won’t know how safe your gold is, because in the back of your mind there’s always that fear that your gold could be confiscated.
The bottom line: While gold is indeed the ultimate long-term store of value against depreciating currencies and especially against failing governments, there are times when forces that are seemingly bullish for gold are actually bearish.
I call it the yin and yang of gold, and for that matter, all markets. There are always two sides to a coin, two sides to a market, two sides to every piece of fundamental news out there.
Knowing which side is prevailing, why and when — are the keys to successful investing. That requires an open mind, no biases, and lots of experience with technical and cyclical analysis.
If this sounds a bit too theoretical or complex in any way, I assure you it’s not.
Mostly, all you have to do is put yourself in the shoes of a European investor right now who owns gold.
You’re seeing your currency be devalued. You’re seeing rising taxes. You’re seeing deflation all around you. You’re seeing European stock markets fall and teeter on the edge of an abyss. You’re seeing massive unemployment.
You also know that your European leaders may confiscate money from your bank account.
You’re also frightened that Putin may soon make another aggressive move toward Ukraine, or worse, toward Estonia, Lithuania or even Poland.
You know you need cash, lots of it. So your decision is simple: Dump your gold, get liquid and get out of Dodge.
Then, either pay off some bills that need to be paid (before the euro becomes worth even less) … or get it out of the euro and into another country with a currency that’s at least losing value less quickly.
Or even better, into an investment that has a decent return, decent profit potential, and in a country and a currency in better shape than Europe’s.
Pretty simple to understand, no?
Later, in the not-too-distant future, the same fears of confiscation of wealth, rising taxes, bank failures and more will hit the U.S. and the dollar. At that time you’ll need to move your money yet again.
There won’t be many safe-havens left at that point. So you’ll probably want to go back into gold. The new bull market in gold will then begin.
So you see, none of this is all that hard to understand provided you keep an open mind, question the conventional, and do your own independent thinking.
Right now, I repeat my warnings of the past several weeks …
– Do NOT look to gold and silver for safety right now. Ditto for mining shares.
– If you are loaded up with gold and silver and mining shares and don’t want to sell, for whatever reason, then at least consider hedging.
My favorites vehicles for that are ProShares UltraShort Gold ETF (GLL) and ProShares UltraShort Silver ETF (ZSL). For mining shares, I recommend Direxion Daily Gold Miners Bear 3x Shares (DUST).
– Stay predominantly in the dollar now. The greenback is in an intermediate-term bull market as the euro is now being aggressively devalued, as is the Japanese yen.
Consider purchasing PowerShares DB US Dollar Index Bullish Fund (UUP) for a speculative long dollar play.
– Buy top-rated U.S. equities. But only on declines. Keep in mind that the Dow is likely to fall further in the short-term, as low as 14,500 — but that long-term it is headed much, much higher.
Best wishes, as always …
Larry

Oct 28, 2014
- As gold traded in the $1250 – $1255 area a week ago, I suggested the price would immediately decline from there, to the $1230 area or lower.
- That’s exactly what happened. Unfortunately, by late yesterday afternoon, the decline had become a bit frightening for some gold price enthusiasts. A nasty wave of selling quickly drove the price down to about $1222.
- To view the current daily chart, please click here now. A sell signal is currently in play on my “price stoker” (14,7,7 Stochastics). That’s clearly visible at the bottom of the chart.
- This is a quite reliable oscillator for minor trend price action, and the FOMC meeting that gets underway today is likely the fundamental price driver creating the price stoker sell signal.
- Hedge fund managers often like to move to the gold market sidelines, in advance of these FOMC meetings, and that appears to be the case this week.
- I expect that gold could stay under some pressure this week, until Friday’s US Employment Situation report is released, at about 8:30 AM on Friday.
- Please click here now . That’s the hourly bars chart. If gold were to trade in the $1219 area, that would be a rough 50% retracement of the $1183 – $1255 rally.
- Such pullbacks are perfectly normal after decent rallies. Please click here now. That’s the weekly chart, and the overall picture is a healthy one.
- Chinese demand is starting to rise again and Indian demand is superb. Gold is well-supported here, and investor fear is unwarranted.
- It appears that most gold analysts expend vastly too much energy trying to call gigantic rallies and declines, in history’s greatest asset. Most of the time, gold trades with modest volatility, and the price often moves sideways for substantial periods of time.
- On that note, please click here now. Double-click to enlarge. That’s the GDXJ weekly chart. Like gold itself, junior gold stocks continue to trade sideways.
- Note the enormous volume. A changing of the guard from weak to strong hands is good news, but it doesn’t necessarily mean that the price goes a lot higher, let alone in a short period of time. To attract institutional “hot money”, GDXJ must trade above $54.56 for many weeks.
- Watch the 14,3,3 Stochastics series, for an upside breakout above the 20 line, and watch for a crossover buy signal on the PPO indicator. That will be the first sign that GDXJ could be ready to rally to $54.56.
- The stock market is creaking. Several Fed presidents have expressed concerns about the level of interest rates. Please click here now. That’s the quarterly bars ratio chart of the Dow versus T-bonds.
- The Dow has not outperformed bonds since the year 2000.
- If it does outperform in 2015, I think it will simply be because bonds fall more than the Dow falls, as the Fed shocks most money managers, and raises interest rates.
- Please click here now. That’s the daily CRB commodity index chart. I’m looking for a big rally in “commods” in 2015. Here’s why:
- In the late 1970s, the Fed unveiled massive rate hikes, ostensibly to battle inflation that was almost out of control. Commodity markets crashed.
- In contrast, the Fed is not currently dealing with inflation that is out of control. A rise in rates in 2015 could cause the dollar to rally a bit more than it has against other fiat currencies.
- It’s important to understand how bonds prices move. When rates are very close to zero, as they are now, even a modest rise in interest rates can create a dramatic drop in the price of bonds.
- Junk bond prices are most susceptible to interest rate hikes. These bonds could look like they got hit with a financial nuclear bomb, if the Fed hikes rates even modestly.
- A number of key Fed officials have expressed substantial public concern about what they term the “disconnect” between the Fed’s planned interest rate policy in 2015 (rate hikes), and the perception of Wall Street money managers and economists, about what is coming (more QE, more free money). I’m in 100% agreement with these officials.
- Gold, commodities, and the general economy of America have little to fear from the Fed in 2015. That’s not the case for global stock markets, global bond markets, and global junk and mortgage markets.
- Faced with the twin horrors of the taper, and India essentially in handcuffs, gold has fared very well in 2014. Import statistics suggest that the citizens of India have now moved past the government restrictions as a concern, and are eagerly bidding for gold. As the Fed likely hikes rates in 2015, I expect gold to fare equally well, and perhaps much better!
Oct 28, 2014
Stewart Thomson
Graceland Updates
website: www.gracelandupdates.com
email for questions: stewart@gracelandupdates.com
email to request the free reports: freereports@gracelandupdates.com
Tuesday Oct 28, 2014
Special Offer for Money Talks readers: Send an email to freereports@gracelandupdates.comand I’ll send you my “Get Jacked With J!” free report. I’ve developed a proprietary technical indicator that flashes buy and sell signals for GDXJ. I’ll show you the history of the signals, and what the current signal is now!

Is China Hoarding Gold to Challenge the U.S. Dollar?
Posted by Eric McWhinnie
on Monday, 27 October 2014 14:03
In a world filled with fiat currencies, how important is gold’s role in the financial system? Proponents often view the precious metal as a hedge against economic chaos, while critics typically claim gold is hardly more than an unproductive rock. Interestingly, some countries appear to believe gold is quite important, and one former Fed chair explains why.
Alan Greenspan, who served at the helm of the Federal Reserve for nearly two decades, recently penned an op-ed for the Council on Foreign Relations discussing gold and its possible role in China, the world’s second-largest economy. He notes that if China converted only a “relatively modest part of its $4 trillion foreign exchange reserves into gold, the country’s currency could take on unexpected strength in today’s international financial system.”
Greenspan also believes the downside risks for China stockpiling gold are limited, at least from a pure investment point of view. “It would be a gamble, of course, for China to use part of its reserves to buy enough gold bullion to displace the United States from its position as the world’s largest holder of monetary gold,” he wrote. “But the penalty for being wrong, in terms of lost interest and the cost of storage, would be modest.”
……read page 2 HERE


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