Friday, August 19, 2016

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BREAKING: UNPRECEDENTED EXECUTIVE ORDER JUST SIGNED | Rob Kirby

Posted: 19 Aug 2016 02:03 PM PDT

An Executive Order Providing for the Order of Succession Within the Department of Treasury.  “This is a HUGE Red Flag”  President Obama Has Just Issued an Unprecedented Executive Order Regarding The US Treasury Department…  

The post BREAKING: UNPRECEDENTED EXECUTIVE ORDER JUST SIGNED | Rob Kirby appeared first on Silver Doctors.

Financial Collapse Ahead – Will Gov’t Confiscate or Tax Gold & Silver? – Jim Willie

Posted: 19 Aug 2016 02:02 PM PDT

Hat Trick Letter Editor Jim Willie believes a complete economic collapse is on the horizon.  Will the government attempt to confiscate gold and silver coins?  Are 90% junk silver coins the best physical option to prepare? In the Must Listen interview below, Jim Willie looks ahead to the days and weeks AFTER the US financial collapse… […]

The post Financial Collapse Ahead – Will Gov’t Confiscate or Tax Gold & Silver? – Jim Willie appeared first on Silver Doctors.

The Breakdown of Global Financial Markets: THIS Will Destroy Everything In Its Path & Quickly

Posted: 19 Aug 2016 02:02 PM PDT

THIS Will Destroy Everything In Its Path, & Quickly…   From SRSRocco: The U.S. and world are heading toward an accelerated breakdown of their economic and financial markets.  Unfortunately, the overwhelming majority of analysts fail to understand the root cause of this impending calamity.  This is also true for the majority of precious metals analysts. […]

The post The Breakdown of Global Financial Markets: THIS Will Destroy Everything In Its Path & Quickly appeared first on Silver Doctors.

The Strength Of The Goldbugs: Crowdfunding For FOIA Request Fort Knox Audit Documents Completes Within 24 Hours!

Posted: 19 Aug 2016 02:00 PM PDT

My first Freedom Of Information Act (FOIA) request submitted in 2015 at the US government asked for delivery of all audit reports drafted by the Committee for Continuing Audit of the U.S. Government-owned Gold from 1975 until 1986. Stunningly, the OIG couldn't find all the documents – nor did the National Archives, the Government Accountability Office […]

The post The Strength Of The Goldbugs: Crowdfunding For FOIA Request Fort Knox Audit Documents Completes Within 24 Hours! appeared first on Silver Doctors.

Stunning Forecast Issued By World’s Purest Silver Producer: Gold Could Go To $8000 Per Ounce, Silver To $200

Posted: 19 Aug 2016 01:30 PM PDT

In January, Keith Neumeyer, the CEO of the world's top primary silver producer boldly predicted that silver would rise to $20 by the end of the year.  Now Neumeyer, who is also the Chairman of  gold-focused mineral bank First Mining Finance (which has seen a 220% increase this year), has another bold prediction. With his insider understanding of […]

The post Stunning Forecast Issued By World's Purest Silver Producer: Gold Could Go To $8000 Per Ounce, Silver To $200 appeared first on Silver Doctors.

Gold Stock Technicals During Dog Days of Summer

Posted: 19 Aug 2016 01:11 PM PDT

The gold stocks are trading around their highs but have failed to breakout this August. Is that due to the dog days of summer, the upcoming Fed conference or something else? We aren't sure and don't think it matters a great deal anyway. With that said, let's delve into the current technicals.  

The weekly candle charts of GDXJ (top) and GDX (below) are shown below. The miners have remained strong but are struggling to break higher here during the dog days of summer. GDXJ is set to close around $50 and GDX around $30. The weekly charts show strong support at GDXJ $44 and GDX $27. Call that about 10% lower.

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GDXJ, GDX Weekly Candles

 

Let's turn to the hourly chart which gives us a look at what to expect in the days ahead. We see that GDX (bottom) and GDXJ (top) have failed to break to new highs in recent days. Today the miners traded lower, confirming the failed breakout. The miners remain in good shape overall but could trade to lower levels next week. GDXJ has a confluence of support around $47 while GDX has good support at $28-$29.

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GDX, GDXJ Hourly

 

Overall, the current rebound in the miners remains well intact but susceptible to further short term weakness. It would not surprise me to see a 5% to 10% decline in the wake of the Fed conference. Judging from the broad strength in the charts and the litany of those looking for a correction (including those calling for one since February) my guess is the weakness will not last very long. For professional guidance in riding the uptrend in Gold, 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

Everybody Loves the Early Stages of Inflation

Posted: 19 Aug 2016 01:00 PM PDT

The masses, it seems, have been waking up for a while. Not only have we had state sanctioned inflationism ever since the credit crunch, but the developed world's central banks have done their best to destroy faith in money altogether. It turns out that hyperinflation itself wasn't a necessary precondition for a crack-up boom – taking interest rates into […]

The post Everybody Loves the Early Stages of Inflation appeared first on Silver Doctors.

Gold Miners' Q2'16 Fundamentals

Posted: 19 Aug 2016 12:35 PM PDT

There Has NEVER Been a Bigger Fundamental Reason to Own Physical Gold and Silver Than THIS:

Posted: 19 Aug 2016 12:30 PM PDT

With Gold and Silver Prices Smashed Through Significant Levels After the London Close This Afternoon, Craig Hemke Joined the Show to Analyze the Brutal Take-Down: Gold and Silver Absolutely SMASHED – Timing Suggests Tightness in London Physical Market Price Manipulation is like Pornography – Its Hard to Define, But You Know it When You See […]

The post There Has NEVER Been a Bigger Fundamental Reason to Own Physical Gold and Silver Than THIS: appeared first on Silver Doctors.

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Silver Miners Will Outperform!

Posted: 19 Aug 2016 12:00 PM PDT

Silver has put a bottom in place and will continue to move even higher, in the coming months and years.  In order to benefit from this rise, traders should keep an eye on the silver miners, which act as leveraged plays for the underlying 'white metal'. With silver booming, silver miners' prices will likely continue […]

The post Silver Miners Will Outperform! appeared first on Silver Doctors.

*Breaking: US Mint Halts Silver Eagle Coin Production Due to Lack of Demand

Posted: 19 Aug 2016 11:15 AM PDT

The US Mint has reportedly HALTED PRODUCTION of 2016 American Silver Eagle Coins…     Over the past several weeks we have documented the plunge in Silver Eagle sales at the US Mint from approximately 1,000,000 coins a week throughout the entire first half of 2016 to around 150,000 coins a week over the past […]

The post *Breaking: US Mint Halts Silver Eagle Coin Production Due to Lack of Demand appeared first on Silver Doctors.

Unfathomable Prices for Silver? “Banking System Will Ultimately Require A Reset” – John Embry

Posted: 19 Aug 2016 11:00 AM PDT

This week, Egon von Greyerz met up with Sprott's John Embry in London to discuss a subject that we suspect could peak the interest of more than a few readers. Could silver reach $1,000?   John and Egon cover an eclectic range of extremely important issues relevant to preserving capital, including: • Coming hyperinflation • […]

The post Unfathomable Prices for Silver? "Banking System Will Ultimately Require A Reset" – John Embry appeared first on Silver Doctors.

Will Bullard’s New Approach Affect Gold?

Posted: 19 Aug 2016 09:20 AM PDT

SunshineProfits

Another Week Ends

Posted: 19 Aug 2016 09:05 AM PDT

The metals are lower again this morning as bonds once again sell off and interest rates rise. Frankly, however, it could be a lot worse as gold is still UP $5 on the week as I type.

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How Will Brexit Impact the Gold Market? A Historical Perspective

Posted: 19 Aug 2016 05:20 AM PDT

SunshineProfits

Moody’s calls bottom on commodity price collapse – but the pain isn’t over

Posted: 19 Aug 2016 04:06 AM PDT

This posting includes an audio/video/photo media file: Download Now

SEC Shamed: Whistleblower Refuses Multimillion Dollar Award Due to Ex-Deutsche Bank Attorneys at SEC Protecting Deutsche Execs (and Themselves)

Posted: 19 Aug 2016 03:58 AM PDT

Deutsche Bank whistleblower Eric Ben-Artzi makes a huge financial sacrifice to call out corruption in SEC enforcement.

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