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Saturday, July 13, 2019

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What Has Markets Spooked? Probably Something To Do With That Huge Offshore Dollar Hole

Posted: 13 Jul 2019 12:10 PM PDT

Who Are The Gold Buyers That Pushed The Price Over $1,400?

Posted: 13 Jul 2019 09:00 AM PDT

When the Fed and Central Banks lose control of the markets, watch as physical gold and silver buying reach levels never seen before… by Steve St Angelo of SRSrocco Report […]

The post Who Are The Gold Buyers That Pushed The Price Over $1,400? appeared first on Silver Doctors.

Gold Tier 1 Asset Price Strength vs Silver | Vince Lanci

Posted: 13 Jul 2019 05:00 AM PDT

Metals & Markets: What might be the catalysts for silver to catch a bid? VInce joins the show to week to explore that and a whole lot more… Vince Lanci […]

The post Gold Tier 1 Asset Price Strength vs Silver | Vince Lanci appeared first on Silver Doctors.

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Gold Stocks Forming Bullish Consolidation

Posted: 12 Jul 2019 07:31 PM PDT


Gold and gold stocks especially continue to shrug off bits and pieces of bad news.

No escalation in the trade war? The selloff lasted one day and the sector rebounded strongly the following day.

Strong headline jobs number? Again, the weakness was a buying opportunity.

This past week there was more. 

The June CPI report came in hotter than expected, which could mitigate the degree the Fed eases in the future. Also, bond yields in the US have risen the entire week. 

No dice. 

Gold closed the week at $1412/oz while the gold stocks closed just inches from new highs on the daily charts.

Turning to the technicals of the gold stocks, we see both underlying and relative strength.

Nearly 95% of the large miners closed above the 200-day moving average. Meanwhile GDX relative to both the S&P 500 and Gold is above a rising 200-day moving average. The GDX to Gold ratio is at a 2-year high while the GDX to S&P 500 ratio is very close to a new 52-week high.

GDX w/ Indicators

GDXJ is lagging GDX a bit but it is coming around.

90% of the ETF closed above the 200-day moving average. That is the highest reading in nearly three years. 

GDXJ relative to the S&P and Gold has turned bullish and is holding above upward sloping 200-day moving averages.

GDXJ w/ Indicators

The immediate upside targets for GDX and GDXJ are GDX $27.50 and GDXJ $37.50. The next level of targets would be GDX $30 and GDXJ $41. 

Gold has endured some selling in the $1420-$1425/oz range but has remained bid around $1400/oz. A daily close above $1420/oz would remove much of the resistance from here to the low $1500s.

For investors in the juniors and seniors, continue to hold your winners and focus your capital on fresh opportunities and value plays that could move with the next leg higher. To learn which stocks we own and intend to buy that have 3x to 5x potential, consider learning more about our premium service.

Fund Manager: Jerome Powell Fails The Gold Standard Test

Posted: 12 Jul 2019 07:00 PM PDT

Dave Kranzler says if we went back to the gold standard, the Fed would be irrelevant, and we wouldn’t need it. Here’s more… by Dave Kranzler of Investment Research Dynamics […]

The post Fund Manager: Jerome Powell Fails The Gold Standard Test appeared first on Silver Doctors.

Labor Secretary Acosta Resigns Over 2008 Epstein Plea Deal Controversy

Posted: 12 Jul 2019 06:10 PM PDT

Acosta announced his resignation on Friday after harsh criticism for his role in brokering a 2008 plea deal with registered the sex-offender and pedophile. from Zero Hedge ***** ….Alex was […]

The post Labor Secretary Acosta Resigns Over 2008 Epstein Plea Deal Controversy appeared first on Silver Doctors.

Breaking News/Best Of The Web

Posted: 12 Jul 2019 05:20 PM PDT

U.S. budget deficit jumps 23% as spending hits record high … The Fed is trapped by the debt zombie apocalypse … Earnings season is here and it won't be pretty … U.S. underlying inflation firming; labor market tightening … Gold and silver up on rate cut hopes; “Could gold launch into a parabolic upside rally?” […]

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

The Epstein Case Could Deliver A Significant Blow To The Global Elite

Posted: 12 Jul 2019 05:00 PM PDT

This case is way more than one billionaire's lust for underage girls… Greg Hunter gives The Weekly News Wrap-Up for Friday, July 12th, 2019 Billionaire money manager Jeffery Epstein has […]

The post The Epstein Case Could Deliver A Significant Blow To The Global Elite appeared first on Silver Doctors.

We Must Be Close To Something Big As Trump & Powell Actively And Stealthily Snipe Gold & Silver

Posted: 12 Jul 2019 03:00 PM PDT

SD Friday Wrap: After this week, there’s no doubt we are close now. Very close… We are very close to something big happening. First, on Wednesday, Jerome Powell was asked […]

The post We Must Be Close To Something Big As Trump & Powell Actively And Stealthily Snipe Gold & Silver appeared first on Silver Doctors.

TFMR Podcast - Friday, July 12

Posted: 12 Jul 2019 02:56 PM PDT

With TF

5 Comments | 7 Likes

Oh my gosh! If you'd told me on Monday that we'd finish the week up nearly 1.5% in Comex Digital Gold, I'm not sure I would have believed you.

Yet here we are! So, let's celebrate by having a fun weekend. But first, a lengthy weekly recap and then these charts in order:

And we close with a recap of the latest CoTs...which show an improvement over last week.

I hope...

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