Wednesday, July 13, 2016

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saveyourassetsfirst3


The BIG Silver Long – What Gives?

Posted: 13 Jul 2016 01:00 PM PDT

Is JPM planning to utilize its physical long to quell silver prices on THE big rally? Buy 1 oz Gold Buffalo Coins at SD Bullion By Dr. Jeff Lewis: As Chris Powell of GATA made famous: “Price action makes market commentary”. Control the price of anything and you get control of the story. The U.S. […]

The post The BIG Silver Long – What Gives? appeared first on Silver Doctors.

Silver Price Analysis: This Confirms The Continuation Of Silver’s Rally

Posted: 13 Jul 2016 12:46 PM PDT

The existence of this pattern, and its recent breakout confirm that the December 2015 bottom in silver is actually the bottom for the correction since 2011.

Silver Prices – The Rise and Fall of Specs With No Clothes

Posted: 13 Jul 2016 12:00 PM PDT

Are we close to the point where COMEX doesn’t matter as far as price discovery of silver is concerned? Buy 1 oz Gold Buffalo Coins at SD Bullion By Dr. Jeff Lewis: The mainstream financial media, as well as some retail investors, have awakened to the surge in the price of silver, relative to just […]

The post Silver Prices – The Rise and Fall of Specs With No Clothes appeared first on Silver Doctors.

Secessions and Breakup Movements Occurring Everywhere

Posted: 13 Jul 2016 11:00 AM PDT

The globalist elites are clearly worried…   Buy 90% Junk Silver Coins at SD Bullion As Low As $1.99/oz Over Spot! LIVE and Historical Market Data, Charts, and PM Prices: > Related:  Kiss The EU Goodbye Post Brexit, Anti-EU Political Parties Across Europe Plan 34 Referendums  TND/SD Guest Contributor:  Wayne Madsen The globalist elites are clearly […]

The post Secessions and Breakup Movements Occurring Everywhere appeared first on Silver Doctors.

Things Could Get Desperate: “Americans Are Not Prepared For A Full Blown, Prolonged, Nightmarish Depression”

Posted: 13 Jul 2016 10:00 AM PDT

The global powder keg is rapidly approaching a detonation point…   From SHTFPlan: The global powder keg is rapidly approaching a detonation point. The signs are everywhere. Confidence in the economy is deteriorating. Anger is boiling over. Panic is taking hold. Wealth Research Group says we may be on the cusp of another Great Depression and Americans […]

The post Things Could Get Desperate: "Americans Are Not Prepared For A Full Blown, Prolonged, Nightmarish Depression" appeared first on Silver Doctors.

JUBILEE JOLT: PRE-PLANNED AND LEAKED ‘SUMMER OF CHAOS’ BEGINS IN DALLAS

Posted: 13 Jul 2016 09:00 AM PDT

Welcome to the Summer of Chaos…   From Jeff Berwick, The Dollar Vigilante:   It was only two days ago that we focused on the Black Lives Matter (BLM) leaked documents showing they were planning, in concert with the Obama Regime, a "Summer of Chaos." We wrote: Black Lives Matter leader Deray McKesson had two of his […]

The post JUBILEE JOLT: PRE-PLANNED AND LEAKED 'SUMMER OF CHAOS' BEGINS IN DALLAS appeared first on Silver Doctors.

Commercial Delinquency Rates and Gold

Posted: 13 Jul 2016 08:20 AM PDT

SunshineProfits

They Know It’s Coming: Insurance Company Risk Experts Have Started Hoarding Physical Gold and Cash Ahead Of Crisis

Posted: 13 Jul 2016 08:00 AM PDT

When re-insurance companies, whose sole purpose is to insure other insurance companies, start to panic into gold…     From Mac Slavo, SHTFPlan: How do you know when the world's economic, financial and monetary systems are in trouble? Answer: When re-insurance companies, whose sole purpose is to insure other insurance companies, start to panic into […]

The post They Know It's Coming: Insurance Company Risk Experts Have Started Hoarding Physical Gold and Cash Ahead Of Crisis appeared first on Silver Doctors.

Elite Are Preparing for Financial ARMAGEDDON!

Posted: 13 Jul 2016 07:00 AM PDT

Are the global elite preparing RIGHT NOW for financial Armageddon?  James Corbett makes the case… Buy 90% Junk Silver Coins at SD Bullion As Low As $1.99/oz Over Spot! LIVE and Historical Market Data, Charts, and PM Prices:

The post Elite Are Preparing for Financial ARMAGEDDON! appeared first on Silver Doctors.

JUBILEE DISASTERS ARE SINKING EUROPE FAST AS ITALY UNRAVELS AND DEUTSCHE BANK COLLAPSES

Posted: 13 Jul 2016 06:50 AM PDT

What we will see in Europe will just be a rolling series of crises that could leave the entire EU in ruins.  And it's not just the EU.  It's not just America or China. It's the whole word that is headed over the edge of the precipice. That's one reason gold and silver are up so sharply […]

The post JUBILEE DISASTERS ARE SINKING EUROPE FAST AS ITALY UNRAVELS AND DEUTSCHE BANK COLLAPSES appeared first on Silver Doctors.

Silver Going to $26 Quite Quickly? – Stewart Thomson

Posted: 13 Jul 2016 02:00 AM PDT

For the first time in history, all US central bank actions are bullish for the entire precious metals sector. Gold stocks continue to take out key highs, but in the big picture, the upside action has barely started. Silver now has what appears to be a bull flag pattern in play.  A pullback within the […]

The post Silver Going to $26 Quite Quickly? – Stewart Thomson appeared first on Silver Doctors.

Yin and Yang

Posted: 12 Jul 2016 11:02 PM PDT

During gold's bear market from 2011, the flow of gold out of ETFs drove the popularity of the West to East narrative not just among goldbugs but also bullion market professionals. It was a life raft I suppose that many clung to, to find hope as the price relentlessly fell, notwithstanding how much gold was flowing into "the East". Today, investors have abandoned the raft as they step out on to the terra firma of $1050 and stagger about basking in the lush tropical greenery of a rising gold price. Read more here.

The Dow And The S&P 500 Soar To Brand New All-Time Record Highs – How Is This Possible?

Posted: 12 Jul 2016 09:04 PM PDT

Stock Market Soaring - Public DomainThe Dow and the S&P 500 both closed at all-time record highs on Tuesday, and that is very good news.  You might think that is an odd statement coming from the publisher of The Economic Collapse Blog, but the truth is that I am not at all eager to see the financial system crash and burn.  We all saw what took place when it happened in 2008 – millions of people lost their jobs, millions of people lost their homes, and economic suffering was off the charts.  So no, I don’t want to see that happen again any time soon.  All of our lives will be a lot more comfortable if the financial markets are stable and stocks continue to go up.  If the Dow and the S&P 500 can keep on soaring, that will suit me just fine.  Unfortunately, I don’t think that is going to be what happens.

Of course I never imagined we would be talking about new record highs for the stock market in mid-July 2016.  We have seen some crazy ups and downs for the financial markets over the last 12 months, and the downs were pretty severe.  Last August, we witnessed the greatest financial shaking since the historic financial crisis of 2008, and that was followed by an even worse shaking in January and February.  Then in June everyone was concerned that the surprising result of the Brexit vote would cause global markets to tank, and that did happen briefly, but since then we have seen an unprecedented rally.

So what is causing this sudden surge?

We’ll get to that in a moment, but first let’s review some of the numbers from Tuesday.  The following comes from USA Today

All three major indexes gained 0.7% apiece, as the Dow jumped 121 points to a new all-time closing high and the S&P 500 built upon its record close notched Monday. The blue chips now stand at 18,347.67, about 35 points above the previous record set May 19, 2015.

The new mark for the S&P 500 is 2,152.14, a 15-point improvement on its Monday close.

Overall, we have seen stocks shoot up more than eight percent over the last two weeks.  Normally, a rise of 10 percent for an entire year is considered to be quite healthy

Interior Minister Theresa May is set to become the U.K.’s prime minister on Wednesday. Stock markets across the globe have risen sharply, after a steep sell-off, following the United Kingdom’s decision to leave the European Union.

“In the past two weeks, post Brexit, the S&P 500 has vaulted over 8 percent,” said Adam Sarhan, CEO at Sarhan Capital. “Typically, a 10 percent move for the entire year is considered normal.”

What makes all of this even stranger is the fact that investors have been pulling money out of stocks as if it was 2008 all over again.  In fact, Zero Hedge tells us that on balance investors have been taking money out of equity funds for 17 weeks in a row.

So why are stocks still going up?

If your guess is “central bank intervention”, you are right on the nose.

Across the Pacific, the Bank of Japan has been voraciously gobbling up assets, and the architect of “Abenomics” just won a major electoral victory which has fueled a huge market rally over there…

Meanwhile, in Japan, Prime Minister Shinzo Abe ordered new stimulus after his coalition won an election in Japan’s upper chamber by a landslide. Japan’s Nikkei 225 rose nearly 2.5 percent overnight, while the yen erased all of its post-Brexit gains against the dollar.

“In the short term, I think it’s going to help, but in the long term, we’ll see,” said JJ Kinahan, chief strategist at TD Ameritrade. “I feel like a lot of people are getting themselves into situations that they can’t get out of.”

In Europe, the ECB has feverishly been pumping money into the financial system, and the result of the Brexit vote seems to have lit a renewed fire under the central bankers in Europe.  Collectively, intervention by the Japanese and the Europeans has created “a surge in net global central bank asset purchases to their highest since 2013″

Fast forward six months when Matt King reports that “many clients have been asking for an update of our usual central bank liquidity metrics.”

What the update reveals is “a surge in net global central bank asset purchases to their highest since 2013.”

And just like that the mystery of who has been buying stocks as everyone else has been selling has been revealed.

So now you know the rest of the story.

The economic fundamentals have not changed.  China is still slowing down.  Japan is still mired in a multi-year economic crisis.  Much of Europe is still dealing with a full-blown banking crisis.  Much of South America is still experiencing a full-blown depression.

Here in the United States, just about every indicator that you can think of says that the economy is slowing down.  If you doubt this, please see my previous article entitled “15 Facts About The Imploding U.S. Economy That The Mainstream Media Doesn't Want You To See“.

The artificially-induced rally that we are witnessing right now can be compared to a “last gasp” of a dying patient.

But my hope is that this “last gasp” can last for as long as possible.  Because as much as I warn people about it, I am not actually eager to see what comes next.

The economic and financial suffering that are coming are inevitable, but they are not going to be pleasant for any of us.  So let us all hope that we still have a little bit more time before the party is over and it is time to turn out the lights.

Italian Banking Crisis Escalates! – Harvey Organ

Posted: 12 Jul 2016 08:52 PM PDT

BANKING PROBLEMS INSIDE ITALY ARE ESCALATING!   ANOTHER RAID ON GOLD AND SILVER/CHINA'S STATE OWNED OPERATIONS BURNING CASH AS THEY ARE ALL UNPROFITABLE/THE HAGUE'S DECISION ON THE SOUTH CHINA SEA'S GOVES AGAINST CHINA: THEY DECIDE TO IGNORE RULING/BANKING PROBLEMS INSIDE ITALY ESCALATING! Buy 90% Junk Silver Coins at SD Bullion As Low As $1.99/oz Over […]

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Breaking News And Best Of The Web

Posted: 12 Jul 2016 06:44 PM PDT

Stocks recover on Abe’s promise of massive new stimulus. Gold stabilizes, oil drops and interest rates rise. Civil unrest in the US, as sniper kills five police in Dallas and protests spread. UK Conservative party appears to have chosen a leader. Sanders endorses Clinton.   Best Of The Web Bernanke’s black helicopters – David Stockman […]

The post Breaking News And Best Of The Web appeared first on DollarCollapse.com.

Video: Gold & Gold Stocks Starting Correction…?

Posted: 12 Jul 2016 05:53 PM PDT

Are gold and gold stocks starting a correction? We discuss that probability and highlight support targets in Gold, GDX and GDXJ.

 

Gold Price Failing at 2011-2012 Trendline

Posted: 12 Jul 2016 12:51 PM PDT

Theresa May and Gold

Posted: 12 Jul 2016 06:20 AM PDT

SunshineProfits

Greg Weldon Analyzes Gold, Silver, US$ & Fed Policy

Posted: 02 Jul 2016 12:33 AM PDT

Greg Weldon, CEO of WeldonFinancial (weldononline.com) one of the leading macro analysts covers the markets and Fed policy for Gold investors.

Visit WeldonOnline.com to get a free trial to Greg’s fantastic research and analysis.

 

Breakouts Galore in Gold & Silver

Posted: 01 Jul 2016 02:10 PM PDT

Gold broke-out last week on Brexit while Silver waited a week to join the party. The miners, meanwhile cleared 2014 resistance today. There are breakouts across the board in the precious metals space.  

The weekly candle charts of Gold and Silver are plotted in the image below. Gold appears to have digested the Brexit pop well as it gained another 1.5% on the week to $1339. If it holds above monthly and quarterly resistance ($1330s) then it should be on its way to $1380-$1400. Meanwhile, Silver surged 9.9% on the week to $19.59. It has broken out from an inverse head and shoulders pattern to nearly a 2-year high. The pattern projects to a target of $22.

July12016GoldSilverw

Gold, Silver

 

The breakouts in Gold and Silver were foretold by the strength and leadership from the mining stocks which closed the week with gusto. GDX surged 4.8% Friday and GDXJ surged 6.5%. Both closed near the highs of the day and broke 2014 resistance in clean fashion. GDX has upside to resistance at $30 and $32. GDXJ, which has more upside has resistance at $51 and $55.

July12016minersw

GDXJ, GDX

 

We had been looking for weakness or at least some consolidation but yesterday realized that was becoming unlikely. The chart below is one we sent to premium subscribers in a flash update. The 2-hour bar chart shows that miners had formed a reverse head and shoulders continuation pattern which because of its upward slant indicated more strength than the typical pattern. The pattern projects to a target of ~$51 for GDXJ and $32 for GDX. Those targets are inline with the resistance targets above.

July12016miners2h

2-Hour Bar Charts

 

I am one of the biggest precious metals bulls but even I at times have underestimated the strength of this bull market (particularly in the miners). The miners correct less than I expect or do not correct at all. While it is tough to chase strength and stay bullish after a huge rebound we maintain our posture as we expect Gold to test $1400 and perhaps $1550 before a significant counter trend move. Buy weakness and hold. That is how to make money in a bull market. Consider learning more about our premium service including our favorite junior miners which we expect to outperform in the second half of 2016.

 

Jordan Roy-Byrne, CMT, MFTA

Jordan@TheDailyGold.com

Gold Quiets after Brexit Spike

Posted: 30 Jun 2016 01:28 PM PDT

Gold price Forecast: Gold’s Final Warning of Impending Monetary Collapse

Posted: 30 Jun 2016 04:06 AM PDT

Gold Price Forecast 2017/2016 Gold is currently trading in excess of $1300 an ounce. This is well above the 1980 all-time high. However, this is an incomplete representation of what gold is trading at relative to US dollars. When you look at the gold price relative to US currency in existence (US Monetary Base), then…

Marc Faber: Holding Gold Is a 'No Brainer'

Posted: 30 Jun 2016 01:00 AM PDT

Brexit is a sideshow to the world economy, and gold remains an important asset in any portfolio, says Marc Faber, editor of the Gloom, Doom and Boom Report.

Visit the aureport.com for more information and for a free newsletter

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