Tag - Market Timing

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Saturday, July 20 2019

Gold Heats Up and Silver Joins the Race

Now that gold has broken through the $1,450 an ounce level, a six-high year high, the next big test is $1,500. And as I’ve said before, it can do this in the blink of an eye under the right conditions.

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Saturday, July 13 2019

Has the Gold Market Spoken?

What is certain is that during gold’s six years in the penalty box, the underlying forces that have made the metal a superior strategic investment over centuries have not been idle. The extrapolation of current conditions into unrealistic expectations is a dependable flaw of human nature. The capacity of physical gold and precious metals mining shares to absorb inflows has greatly diminished because of the prolonged attrition of investment interest. Once capital market flows revive, there is real potential in our opinion for parabolic upside in the metal and the shares.

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Tuesday, July 9 2019

Summer doldrums turned upside down

The summer months historically present a buying opportunity in precious metals as illustrated in the charts shown below. In the past, there has been a clear change of direction in sentiment annually from the 185-195 day mark – midway in the year. So far this summer, though, gold has broken with tradition by turning in a strong June, as shown in the third chart

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Saturday, June 22 2019

'Somebody' Finally Cares About Gold

But gold? Gold should truly shine in this situation: both by maintaining its purchasing power and increasing in value as $trillions in capital look for safe haven.

Remember that the $7 trillion gold market is a small doorway compared to the $164 trillion held in stocks and bonds. (And the <$1 trillion silver market is ridiculously tiny relatively). If (more likely, “when”) just a few $trillion flee risk assets into the precious metals, the prices of gold and silver will explode.

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Gold Gets a Boost of Rocket Fuel From Negative Bond Yields. What's Next for the Yellow Metal?

After breaking out of a five-year trading range this week, the price of gold surged above $1,400 an ounce for the first time since 2013 on expectations of a U.S. rate cut. The 10-year Treasury yield fell to around 2 percent, its lowest level since November 2016. Meanwhile, the pool of negative-yielding government bonds around the world hit a fresh record high of $13 trillion.

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Wednesday, June 19 2019

Sharps Pixley predicts possible bull run in gold

Norman believes that the gold price has formed enough of a base to break through USD1360 an ounce. “Everything changes once we break through USD1360; it is the mother of all resistance levels.

“In my view, in 2019 we will challenge that level. We have already reached USD1346, in February. Once we breach that, we should see a steady rise to around USD1800 an ounce.”

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Saturday, June 15 2019

Billionaire Investor: "Gold Has Everything Going For It"

Gold in that situation is going to scream. It will be the antidote for people with equity portfolios.

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Wednesday, June 12 2019

What a U.S. Rate Cut Could Mean for Gold Prices

If you believe negative rates are a real possibility, an allocation to gold and gold stocks might make a lot of sense right now. In the past, gold prices have surged when real yields fell into negative territory. (The real yield is what you get when you subtract the annual inflation rate from a government bond yield.)

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Monday, June 10 2019

Gold breaks to the upside

Electrum Group’s Thomas Kaplan is another billionaire who subscribes to gold ownership for longer-term fundamental (supply and demand) and economic reasons. “I like those things where the scarcity is assured,” he told Bloomberg in a Peer-to-Peer interview recently. He also said that the yellow metal was on the cusp of a new decade long bull market capable of lifting it ultimately to between $3000 and $5000 per ounce.

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The “true fundamentals” are still in gold’s favour

After spending almost all of 2018 in bearish territory, gold’s true fundamentals* (as indicated by my Gold True Fundamentals Model – GTFM) have spent all of this year to date in bullish territory.

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Wednesday, April 10 2019

The inverted yield curve as a harbinger of higher gold prices

During the course of the past few weeks, we have heard much about the inverted yield curve in three-month and ten-year Treasuries as a harbinger of recessions. Missed in the press reports is the fact that it has also been a harbinger of higher gold prices.

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Wednesday, March 27 2019

Grandich Podcast - Gold Set To Shine

Worldwide Major Central Banks are Accumulating Their Gold Holdings

   Gold Shares as Rising Phoenix
   Latest Teranga Gold Video
   John Kaiser on Kitco.com
   First Securities Northwest
   My last gold conference interview. Hard to believe it will soon be six years ago.

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Friday, February 22 2019

Gold RSI Hits The Highest Since 2011

Most gold bull runs typically start slowly as it faces the headwinds from good selling by frustrated longs who see price strength as an opportunity to exit … once we are through that gold is unfettered for a faster move higher as prices go inelastic. We seem to be in that phase now.

The high RSI suggests that gold is due a temporary pause - but it also suggests to us that it is brewing for the mother of all moves higher. We just need to breach the $1360 level and we are off to the races.

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Thursday, January 17 2019

Billionaire Sam Zell Buys Gold for First Time in Bet on Tight Supply

“The amount of capital being put into new gold mines is a most nonexistent,” Zell said. “All of the money is being used to buy up rivals.”

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Saturday, January 12 2019

Goldman Sachs upped 12-month price forecast for Gold to $1425

In their latest gold-price forecast report, the US investment banking giant Goldman Sachs made upward revisions to their 12-month price outlook.

Key Highlights:
3 months at 1,325 / oz (prior forecast was 1250)
6 months at 1,375 (1300)
12 months forecast to 1,425 (1350)

Gold to derive support from:
Defensive positioning (investors with a fear of a recession).
Central banks to buy.

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Gold and Commodities Set to Soar in 2019

Goldman Sachs issues an overweight recommendation for gold and commodities.

Paradigm Capital says royalty companies are the “best bet” in metals and mining.

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Thursday, January 10 2019

Outlook 2019: Economic trends and their impact on gold

Potential for growth and heightened risk in 2019

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Tuesday, January 8 2019

The 2018 Year in Gold Recap, and What It Might Forecast for 2019

While a myriad of forces pushed the gold price around in 2018, it basically ended the year flat. This report recaps the year in gold, shows how it compared to other asset classes in both short and long timeframes, and explores the factors to watch in 2019.

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Saturday, December 22 2018

Gold Miners Are Crushing the Market in the Face of Higher Rates

I would also recommend gold and gold stocks. The yellow metal, as expected, is performing well at the moment, and commodity traders have taken a net bullish position for the first time since July. So far this quarter, gold has crushed the market, returning around 6 percent as of December 21, compared to negative 15 percent for the S&P 500 Index. Gold miners, though, as measured by the NYSE Arca Gold Miners Index, have been the top performer, climbing a phenomenal 12.3 percent.

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Thursday, December 20 2018

The Gold Bulls Just Regained the Upper Hand

Commodity traders appear excited about gold again as stocks are on pace for their worst year since 2008, and their worst December since 1931.

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