Tag - Market Timing
Monday, May 14 2018
By GCRU Gold News on Monday, May 14 2018, 09:19
The upshot is that silver’s COT situation was not price-supportive at any stage over the past two months. This is mainly because the bullish implications of the unusually-low net-long exposure of large specs was counteracted by the bearish implications of the unusually-high net-long exposure of small specs.
Sunday, May 13 2018
By GCRU Gold News on Sunday, May 13 2018, 00:54
The reason for this concerns the fact that the world is now in a completely fiat-based financial system in which Central Banks can print tens of billions of their currencies at a whim. This opens the door to abject manipulation of Gold prices.
By GCRU Gold News on Sunday, May 13 2018, 00:28
Chris Irons, founder of Quoth the Raven Research makes his pitch for being long gold as a way to “Short the Whole Fucking Thing”
Thursday, May 10 2018
By GCRU Gold News on Thursday, May 10 2018, 02:03
Gold has been under pressure from a strengthening U.S. dollar, and May has historically delivered lower prices. As I’ve pointed out before, this makes it an ideal entry point in anticipation of a late summer rally before Diwali and the Indian wedding season, during which gifts of gold jewelry are considered auspicious. Demand in China for the remainder of the year also looks promising.
Sunday, May 6 2018
By GCRU Gold News on Sunday, May 6 2018, 03:02
Many gold bulls are frustrated that during last year’s U.S. dollar decline, the precious metal didn’t rally more strongly.
Wednesday, May 2 2018
By GCRU Gold News on Wednesday, May 2 2018, 01:37
Some big investors see warning signs ahead for markets but are holding their positions. Egyptian billionaire Naguib Sawiris is taking action: He’s put half of his $5.7 billion net worth into gold.
He said in an interview Monday that he believes gold prices will rally further, reaching $1,800 per ounce from just above $1,300 now, while “overvalued” stock markets crash.
Friday, April 27 2018
By GCRU Gold News on Friday, April 27 2018, 00:09
Inflation is a HUGE problem. And the traditional hedge in times of inflation is GOLD.
So when demand for gold really starts to heat up, the supply won’t be there.
And this could really cause the gold price to soar.
By GCRU Gold News on Friday, April 27 2018, 00:08
The long-term play is simple: gold demand is growing worldwide, and supply is decreasing.
Wednesday, April 25 2018
By GCRU Gold News on Wednesday, April 25 2018, 01:08
Gundlach said gold prices, which have broken their downtrend line, were on the verge of breaking out to the upside. “It’s getting almost exciting ... something big is happening,” he said.
“Gold is maintaining an upward pattern above its rising 200-day moving average, which is extremely good,” he added.
Based on classic chart reading, Gundlach said an “explosive, potential energy” of a huge “head-and-shoulders bottom” base was signaling a move of $1,000 in gold prices.
Tuesday, April 17 2018
By GCRU Gold News on Tuesday, April 17 2018, 05:51
The stage is set for higher gold prices due to the amount of money being printed… I am of the belief a major reset is coming where the governments of the world will need to get rid of their debt by fixing everything to the price of gold
Sunday, April 15 2018
By GCRU Gold News on Sunday, April 15 2018, 00:35
Due to the many criticisms and changing methodologies of the consumer price index as a true measure of inflation, we use the price of gold as a very good proxy of the true value of a dollar over long periods of time.
Wednesday, April 11 2018
By GCRU Gold News on Wednesday, April 11 2018, 01:26
Jeff Gundlach, who currently manages over $100B at DoubleLine Capital, said “Gold is negatively correlated with the dollar. We see that gold broke above its downtrend line. But now we see a massive base building in gold. Massive. It’s a four-year, five-year base in gold. If we break above this resistance line one can expect gold to go up by, like, a thousand dollars.
Tuesday, April 10 2018
By GCRU Gold News on Tuesday, April 10 2018, 01:42
To conclude, we believe that 2018 will mark a significant turn in the financial markets, which will be adverse for conventional, consensus-based investment strategies and quite positive for gold and other safe-haven assets. It is quite likely, in our view, that a new up-cycle for gold could register new highs for the metal price (up at least 50%) and gains of 100% or more for many precious-metals mining shares. In a financial world that has been no table for disruptive change, there remains one constant: human nature and the resulting inevitable ebb and flow of greed and fear. Gold, a proven antidote to systemic risk, is in our view likely to return to favor.
Friday, April 6 2018
By GCRU Gold News on Friday, April 6 2018, 01:06
The World Gold Council has claimed that world supply may have peaked in 2017 that when combined with understated inflation and strong demand from China and India, should push prices to $1,500 an ounce by the end of the year from about $1,327 now, according to Frank Holmes, chief executive officer of US Global Investors Inc.
Saturday, March 24 2018
By GCRU Gold News on Saturday, March 24 2018, 00:21
In a January post, I showed how the price of gold rallied in the months following the 2015 and 2016 December interest rate hikes—as much as 29 percent in the former cycle, 17.8 percent in the latter. Gold ended 2017 up double digits, despite pressure from skyrocketing stocks and massive cryptocurrency speculation.
I forecast then that we could see another "Fed rally" this year following the rate hike in December 2017. Hypothetically, if gold took a similar trajectory as the past two cycles, its price could climb as high as $1,500 this year.
Thursday, March 22 2018
By GCRU Gold News on Thursday, March 22 2018, 01:53
As far as long-term investors are concerned the gold story is therefore a simple one: gold will be in a bull market when confidence in the financial establishment (money, banks and government) is in a bear market and gold will be in a bear market when confidence in the financial establishment is in a bull market.
Wednesday, March 21 2018
By GCRU Gold News on Wednesday, March 21 2018, 22:47
Bloomberg reported the fund's gold and special situations hedge funds are returning client capital "as the firm narrows its focus."
Saturday, March 17 2018
By GCRU Gold News on Saturday, March 17 2018, 04:30
“With as much debt as there is in the system, if you have a backup in rates, you’re going to see a default wave pretty quickly,” Reik said in an interview at Bloomberg’s headquarters in New York. “You’re going to have personal bankruptcies flare up. Gold really does well when financial stress starts to take takes hold in the system.”
Thursday, March 15 2018
By GCRU Gold News on Thursday, March 15 2018, 03:42
World Gold Council Chairman Randall Oliphant has indicated that global gold production may have reach its peak. The time may come soon when the supply is not expected to meet the demand. The price of gold usually rises during times of economic slowdowns. How will the global financial market react when the supply of gold is running low and gold becomes an even rarer commodity?
Until that happens, the supply of gold will remain low and the demand will rise. This means that in the near future, this could serve as a major catalyst moving forward.
Thursday, March 8 2018
By GCRU Gold News on Thursday, March 8 2018, 01:07
The way I see it, one of two things will happen in the coming months. If the economy continues to gain steam, as per yesterday’s post (That’s not a bond bear market), the Fed will lag in raising rates. This will cause real yields to decline as inflation picks up. This will be good for gold, resembling the 1970s period where Fed Chairmen Arthur Burns and Bill Miller neglected to raise the Fed Funds rate as quickly as inflation.