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- Did Goldman Sachs Just Give Us A Warning About The Coming Financial Crisis?
- Engineer 12.15% YTM With IBI Group's 26 Month Canadian Dollar Convertible Bonds, Maturing June 2018
- Direxion Shares Exchange Traded Fund Trust Up 300% This Year As Gold Soars
- Cyber Fraud At SWIFT – $81 Million Stolen From Central Bank
- Gold Stocks: Extended but More Upside Potential
- Is THIS the Reason Why Yellen & President Obama are having so Many Secret Meetings?
- Is Silver a Better Bet than Gold in the Near Future?
- Three Unprecedented Meetings Set the Markets on Edge
- The Flashpoint Continues to Build: Intelligence Sources Indicate Russia May Be Planning A Spring Offensive
- GATA’s Chris Powell Asks: Are Stars Aligned For Gold Revaluation?
- Markets ‘Absolutely, Positively Rigged’- AND GETTING WORSE: Nanex Founder
- Market Report: Dollar down, gold up
- April BoJ Meeting and Gold
- So Which Eurobank is Having Dollar Funding Problems?
- Protected: Gold Stocks Confirm Breakout & Buying a New Silver Company
- Deutsche Bank’s Silver Rigging Confession is Just the Beginning!
- Harvey Organ: Yen SKYROCKETS As Japan Done With QE!
- Banksters Plotting One Last EPIC Smash?
- The Next Battleground for Gold Will Be At 1550 If the Cup and Handle Formation Completes
- Gold in the 21st Century Chart
- Breaking News And Best Of The Web — April 29
- The Two Best Calls Ever on a Gold Bottom
| Did Goldman Sachs Just Give Us A Warning About The Coming Financial Crisis? Posted: 29 Apr 2016 01:00 PM PDT Goldman Sachs needs more money for their Wall Street gambling houses. They're coming to you to get it. And when the whole thing detonates, they'll simply seize your funds to compensate for their losses… Buy 90% Junk Silver Pre-1965 Coins at SD Bullion $100 FV Bags Just $2.99 Over Spot! Submitted by Mac Slavo, […] The post Did Goldman Sachs Just Give Us A Warning About The Coming Financial Crisis? appeared first on Silver Doctors. |
| Engineer 12.15% YTM With IBI Group's 26 Month Canadian Dollar Convertible Bonds, Maturing June 2018 Posted: 29 Apr 2016 12:49 PM PDT |
| Direxion Shares Exchange Traded Fund Trust Up 300% This Year As Gold Soars Posted: 29 Apr 2016 12:49 PM PDT |
| Cyber Fraud At SWIFT – $81 Million Stolen From Central Bank Posted: 29 Apr 2016 12:00 PM PDT The case for owning gold in an age of cyber-financial threats is compelling… Buy 90% Junk Silver Pre-1965 Coins at SD Bullion $100 FV Bags Just $2.99 Over Spot! Submitted by Mark Obyrne: Swift, the vital global financial network that western financial services companies, institutions and banks use for all payments and transfer billions […] The post Cyber Fraud At SWIFT – $81 Million Stolen From Central Bank appeared first on Silver Doctors. |
| Gold Stocks: Extended but More Upside Potential Posted: 29 Apr 2016 11:17 AM PDT What a move in the gold stocks! The sector has refused to correct for more than a few days at a time. All weakness has been bought as a wall of worry has been built and the sector emerges from a historic low that could be on par with the 1942 low in the stock market. I thought the Federal Reserve statement or reaction to it (along with the market's overbought condition) might cause the sector to correct this week. Instead, GDX and GDXJ powered higher and have gained roughly 13% for the week. The weekly candle chart (below) shows both GDXJ and GDX are in breakout mode. GDXJ moved beyond previous resistance at $32-$33 and has upside targets at $43-$45 and even $50. Meanwhile, GDX has surpassed resistance at $22-$23 and now has upside to $27-$28 and $30. Furthermore, the 38% retracement of the entire bear in GDX is at $32. Do note that the miners have gapped higher in each of the past two days. For the sake of the bulls on the sideline, I hope to see an immediate pullback in the days ahead.
 GDXJ, GDX Weekly Candles
The gold stocks are already very overbought and if they continue higher unabated then we will have to worry about a potential sizeable correction. The chart below shows GDX's parent index (GDM) along with two oscillators which plot its distance from its 100-day and 200-day exponential moving averages. The oscillators show the gold stocks are the second most overbought they have been in the past 22 years. The most overbought point was early 2002 when GDM corrected 37% before climbing much higher.
Before we worry about a sizeable correction, let me point out some very important data. The 2002 correction began when GDM and HUI rebounded 212% and 311% respectively from the major low in 2000. Thus far, the two have rallied 100% and 228% respectively. Furthermore, the gold stocks are only three months removed from what could be the greatest buying opportunity of all time in the sector! While this is a sensational statement, it is rooted in data and facts and not your typical gold bug doomer porn. In short, there are three major similarities between the recent bottom in the gold stocks and the 1942 low in the stock market which arguably proved to be the greatest buying opportunity ever. I discuss and analyze the similarities in this video. To conclude, the gold stocks have emerged from a historic bottom, have more upside but will eventually correct. How much they correct and when depends on how fast they reach their upside targets and what specific levels they reach. My current guess is anywhere from 25% to 35%. Consider learning more about our premium service including our favorite junior miners which we expect to outperform in 2016.
Jordan Roy-Byrne, CMT
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| Is THIS the Reason Why Yellen & President Obama are having so Many Secret Meetings? Posted: 29 Apr 2016 11:00 AM PDT Why is the Fed Chairwoman convening unprecedented and secret emergency meetings with President Obama? Just what exactly is in the process of detonating in the financial markets? You'd best have already "left the exits" of their financial systems, by the time whatever The Fed is holding Emergency Meetings about occurs. Buy 2016 Silver Maples Lowest Price […] The post Is THIS the Reason Why Yellen & President Obama are having so Many Secret Meetings? appeared first on Silver Doctors. |
| Is Silver a Better Bet than Gold in the Near Future? Posted: 29 Apr 2016 10:18 AM PDT GoldandOilGuy |
| Three Unprecedented Meetings Set the Markets on Edge Posted: 29 Apr 2016 10:00 AM PDT Demand for both physical and paper currencies is through the roof. What’s happening? What has the markets so spooked and why is the canary in the coal mine crying out in pain? If a banking institution is truly on the brink, then a 2008-style financial collapse could be just around the corner. Perhaps there is more […] The post Three Unprecedented Meetings Set the Markets on Edge appeared first on Silver Doctors. |
| Posted: 29 Apr 2016 09:00 AM PDT Russia has always been adept at inserting agents and clandestine operatives in other countries in the event of hostilities. Buy 90% Junk Silver Coins at SD Bullion $100 FV Bags Just $2.99 Over Spot! Submitted by Jeremiah Johnson, SHTFPlan: The news network reports have been combined with leaks within the intelligence communities of Europe […] The post The Flashpoint Continues to Build: Intelligence Sources Indicate Russia May Be Planning A Spring Offensive appeared first on Silver Doctors. |
| GATA’s Chris Powell Asks: Are Stars Aligned For Gold Revaluation? Posted: 29 Apr 2016 08:00 AM PDT Are the Stars finally aligned for a massive revaluation of gold? Buy Silver Coins and Bars at SDBullion TND Guest Contributor: Chris Powell Today Zero Hedge posts a couple of items suggesting that central banks are intervening surreptitiously in the markets even more lately to avert deflation or that they should intervene more — […] The post GATA’s Chris Powell Asks: Are Stars Aligned For Gold Revaluation? appeared first on Silver Doctors. |
| Markets ‘Absolutely, Positively Rigged’- AND GETTING WORSE: Nanex Founder Posted: 29 Apr 2016 07:00 AM PDT It is absolutely, positively rigged. This is how the whole system works: Buy Silver Coins at SDBullion Submitted by Adam Taggart, Peak Prosperity: Eric Hunsader, founder of Nanex, has been at the vanguard of warning about the dangers and the rampant fraud that the rise of high-frequency trading (HFT) algorithims have let loose in today's financial […] The post Markets 'Absolutely, Positively Rigged'- AND GETTING WORSE: Nanex Founder appeared first on Silver Doctors. |
| Market Report: Dollar down, gold up Posted: 29 Apr 2016 06:22 AM PDT Finance and Eco. |
| Posted: 29 Apr 2016 02:18 AM PDT SunshineProfits |
| So Which Eurobank is Having Dollar Funding Problems? Posted: 29 Apr 2016 12:30 AM PDT Which Eurobank has led the ECB to tap its dollar swap line with the Fed? |
| Protected: Gold Stocks Confirm Breakout & Buying a New Silver Company Posted: 28 Apr 2016 11:04 PM PDT |
| Deutsche Bank’s Silver Rigging Confession is Just the Beginning! Posted: 28 Apr 2016 08:00 PM PDT Do the Deutsche Bank gold and silver manipulation confessions mean that YOU may soon be able to join a class action lawsuit against the banksters? Buy Silver Coins and Bars at SDBullion Submitted by The Wealth Watchman: Hey folks, this week we take a look at the full confession that Deutsche Bank made last week, […] The post Deutsche Bank's Silver Rigging Confession is Just the Beginning! appeared first on Silver Doctors. |
| Harvey Organ: Yen SKYROCKETS As Japan Done With QE! Posted: 28 Apr 2016 07:00 PM PDT THE BIG NEWS OF THE DAY: JAPAN CANNOT AND WILL NOT DO ANYMORE QE/SENDS JAPANESE YEN SKYROCKETING… AGNICO EAGLE PRODUCES STRONG RESULTS IN A TOUGH ENVIRONMENT (BANKER MANIPULATION)/ THE BIG NEWS OF THE DAY: JAPAN CANNOT AND WILL NOT DO ANYMORE QE/SENDS JAPANESE YEN SKYROCKETING AND BOURSES CRUMBLING THROUGHOUT THE GLOBE/YEN CARRY TRADERS ARE […] The post Harvey Organ: Yen SKYROCKETS As Japan Done With QE! appeared first on Silver Doctors. |
| Banksters Plotting One Last EPIC Smash? Posted: 28 Apr 2016 03:00 PM PDT The worst might not be behind us… What will immediately occur, if the banksters take silver prices as low as where Mike Maloney believes they can go? Buy 2016 Silver Maples Lowest Price Online! Submitted by The Wealth Watchman: Sales Strength, but What's our Enemy's Next Move? This week we take a look at […] The post Banksters Plotting One Last EPIC Smash? appeared first on Silver Doctors. |
| The Next Battleground for Gold Will Be At 1550 If the Cup and Handle Formation Completes Posted: 28 Apr 2016 02:35 PM PDT Le Cafe Américain |
| Gold in the 21st Century Chart Posted: 28 Apr 2016 01:22 PM PDT Commodity Trader |
| Breaking News And Best Of The Web — April 29 Posted: 28 Apr 2016 06:19 AM PDT US growth stalls. Bank of Japan fails to ease further; yen soars and Nikkei plunges. Fed does nothing, says next to nothing. Apple sheds $40 billion in market cap while Facebook soars; next up is Amazon. China’s bond market spinning out of control? Trump and Clinton take aim at each other. Gold jumps on Japan […] |
| The Two Best Calls Ever on a Gold Bottom Posted: 28 Apr 2016 01:00 AM PDT Bob Moriarty of 321Gold calls out the work of two men who got it right on gold and silver. Visit the aureport.com for more information and for a free newsletter |
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