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Saturday, October 29, 2016

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Why Witches, Occultists And Satanists Celebrate Halloween, And Why You Should Not

Posted: 29 Oct 2016 01:00 PM PDT

Halloween night is one of the biggest nights of the year for witches, occultists and Satanists.  All over America, those that are deep into the dark arts will be contacting the dead, casting spells and conducting blood sacrifices. On October 31st, most people will simply ignore the dark side of Halloween. We can assure you […]

The post Why Witches, Occultists And Satanists Celebrate Halloween, And Why You Should Not appeared first on Silver Doctors.

Negative Divergence in Gold Stocks Bodes for Lower Prices

Posted: 29 Oct 2016 08:05 AM PDT

The Daily Gold

Markets PANIC Over Trump Victory As FBI Reopens Hillary Email Probe | Harvey Organ

Posted: 29 Oct 2016 06:00 AM PDT

FBI REOPENS CRIMINAL FILE ON HILLARY CLINTON CLAIMING NEW EVIDENCE OF HUMA ADEBIN'S DEVICE – GOLD AND SILVER ADVANCE ON THE NEWS…     OCTOBER GOLD STANDING:30.42 TONNES/THE BRITISH POUND UNDER PRESSURE TODAY/ IN THE UK APPLE RAISES PRICES BECAUSE OF THE FALL OF THE POUND 2017 Gold Pandas and 2017 Silver Pandas Are Now […]

The post Markets PANIC Over Trump Victory As FBI Reopens Hillary Email Probe | Harvey Organ appeared first on Silver Doctors.

Breaking News And Best Of The Web

Posted: 29 Oct 2016 02:37 AM PDT

US GDP up strongly. Deluge of earnings this week, with Apple and Amazon disappointing while Google and the big banks do better than expected. The dollar is rising and so is inflation. Major cyber attack hits US east coast. FBI probing new Clinton emails.   Best Of The Web Hoisington Management quarterly review and outlook, […]

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

Negative Divergence in Gold Stocks Bodes for Lower Prices

Posted: 28 Oct 2016 05:03 PM PDT

You have heard it before from us and probably elsewhere. The miners lead Gold. We have seen this every major turn dating back 16 years and it can also be the case with respect to short and medium term trends. While the precious metals sector has rallied over the past few weeks, the rally has been weak and the gold stocks relative weakness in recent days bodes negatively for the sector.

Consider the daily chart (below) and the overall performance from this past week. Gold gained $9/oz or 0.7% on the week but GDX and GDXJ lost 3.3% and 5.3% on the week. Silver gained 1.7% on the week while SIL lost 4%. More importantly, the gold stocks peaked seven sessions ago and are trading 4%-5% below that peak while Gold closed Friday at its highest level in October. This is not the type of action typical of a sustainable rebound.

oct282016pmdiv

Daily Candle Charts

 

As a result, we are looking for the gold stocks to trade lower and make an important low in the days or weeks to come. Two weeks ago we wrote of a confluence of downside support at GDX $22 and GDXJ $34-$35. The weekly candle charts below show very strong horizontal support targets a tad lower at GDX $21 and GDXJ $33. Roughly speaking, this indicates potentially 10% downside in GDX and 15% downside in GDXJ.

oct282016minersw

Weekly Candle Charts

 

Unless the gold stocks are suddenly able to rally above the highs from seven sessions ago, they figure to retest recent corrective lows and perhaps make new lows. However, lower prices should lead to an excellent buying opportunity. This correction could end up like the 2002 correction in terms of price and the 2001 correction in terms of time. We are currently hedged and will redeploy that cash when the buying opportunity comes. 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 2017.

 

Jordan Roy-Byrne, CMT, MFTA

Jordan@TheDailyGold.com

 

The post Negative Divergence in Gold Stocks Bodes for Lower Prices appeared first on The Daily Gold.

It’s Only A Matter of Time: THIS Is What Will Cause Gold Prices to Move in 2017

Posted: 28 Oct 2016 02:00 PM PDT

“If The Fed Has to Hike Interest Rates to Control Price Inflation, It’s GAME OVER!” Alasdair MacLeod Joins Us From London to Warn “Its Only A Matter of Time”: THIS Is What Will Cause Gold to Move in 2017: MacLeod Joins Us For A Crucial Market Update, Discussing:   No Gold and Silver Correction in […]

The post It’s Only A Matter of Time: THIS Is What Will Cause Gold Prices to Move in 2017 appeared first on Silver Doctors.

Trump “Will Probably Win” and Gold “May Rise $100” Overnight – Jim Rickards

Posted: 28 Oct 2016 01:22 PM PDT

In stunning remarks made yesterday, Jim Rickards says that Trump "will probably win" and, if he does, stock markets will crash 10% and gold will rise $100 over night. "If Hillary wins nothing happens, if Trump wins you will have an earthquake."  From Mark Obyrne: Jim Rickards: Trump "Will Probably Win" and Gold "May Rise $100" […]

The post Trump "Will Probably Win" and Gold "May Rise $100" Overnight – Jim Rickards appeared first on Silver Doctors.

“IN ONE DAY IT WILL BURN”: Chilling 30 Year Old Prophesy Warns Russia Will Nuke America

Posted: 28 Oct 2016 01:16 PM PDT

Even now they are preparing an attack against America.  When America believes there is peace and safety, the Russians will lead an all-out attack.  They already have it planned! “The Heavenly Messenger showed me all of California, Las Vegas, New York, and Florida, and said, ‘This is Sodom and Gomorrah.  All of This – In […]

The post “IN ONE DAY IT WILL BURN”: Chilling 30 Year Old Prophesy Warns Russia Will Nuke America appeared first on Silver Doctors.

The Set-Up For Gold & Silver: CARNAGE in the Bond Market Pre-Cursor to Market Crash? | Eric Sprott

Posted: 28 Oct 2016 01:15 PM PDT

It’s Almost A Crash, You Have CARNAGE Going On in the Bond Market.  The Losses in the Bond Market Are INCREDIBLE Here.  Problems in the Bond Market are Typically a Pre-Cursor to Problems in the Equity Market. Problems in Bonds & Equities at the Same Time Should Be Good for Gold and Silver… From SprottMoney: 2017 Gold […]

The post The Set-Up For Gold & Silver: CARNAGE in the Bond Market Pre-Cursor to Market Crash? | Eric Sprott appeared first on Silver Doctors.

This Is Where It Gets Interesting – We’ve Never Seen Such A Run On Fractional Reserve Gold & Silver | Andrew Maguire

Posted: 28 Oct 2016 01:11 PM PDT

“This Is Where It Gets Interesting…”  Legendary gold trader and manipulation whistle-blower Andrew Maguire joins us this month to discuss the global physical market for gold and what might finally cause a disconnect between the paper and physical price:   From SprottMoney: On Sale At SD Bullion… This Week Only…

The post This Is Where It Gets Interesting – We’ve Never Seen Such A Run On Fractional Reserve Gold & Silver | Andrew Maguire appeared first on Silver Doctors.

The Case for $11,000 GOLD | Alasdair MacLeod

Posted: 28 Oct 2016 01:10 PM PDT

Alasdair MacLeod predicts the correction in the precious metals is OVER. He sees gold testing its all-time highs in 2017, and silver breaking through into the $30 range. Where will gold prices ultimately go? MacLeod Makes The Case for $11,000 Gold:   Alasdair MacLeod joins Silver Doctors to reveal banks are increasing their lending of […]

The post The Case for $11,000 GOLD | Alasdair MacLeod appeared first on Silver Doctors.

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TITANIC Battle Underway Over Return of the GOLD STANDARD | Jim Willie

Posted: 28 Oct 2016 01:05 PM PDT

A TITANIC battle is underway, where the Eastern nations are discarding their USTreasury Bonds, and doing so in tremendous volume while they set up the many platforms and pieces to the Gold Standard. The risk of war rises…   By Jim Willie, GoldenJackass: The Western central bank franchise system is totally broken, totally insolvent, and totally […]

The post TITANIC Battle Underway Over Return of the GOLD STANDARD | Jim Willie appeared first on Silver Doctors.

Clinton Campaign STUNNED As FBI Reportedly Reopens Probe Into Hillary Clinton Emails

Posted: 28 Oct 2016 01:01 PM PDT

A SHOCKING blow to the Clinton Campaign emerged unexpectedly Friday as the FBI has reportedly REOPENED probe into Hillary Clinton’s email server as “The FBI has learned of the existence of emails that appear to be pertinent to the investigation.”     BIG: The FBI is reopening its investigation into @HillaryClinton‘s email server. Here’s the letter […]

The post Clinton Campaign STUNNED As FBI Reportedly Reopens Probe Into Hillary Clinton Emails appeared first on Silver Doctors.

Gold Spikes, Stocks Sink as FBI Re-Opens Clinton Email Investigation

Posted: 28 Oct 2016 11:08 AM PDT

Gold Stock Bull

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