Suddenly, gold and silver are good again. In two short months, they’ve morphed from targets of derision to shiny new toys on the financial playground.
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Tag Archives: silver
A GOLDEN OPPORTUNITY COMING IN SILVER
Silver has been in a bear market for almost three years and the recent lack of strength suggests the metal could be headed for new lows. New lows are always bearish until the last one. Our technical work suggests that we should watch for a final low and end to the bear market in the coming months.
Read more: http://tinyurl.com/kezsppq
GOLD SILVER: TESTING CRITICAL SUPPORT LEVELS
Gold and silver are testing key technical support levels this week. Some analysts have already flipped their outlook to bearish over the past few days, but I believe the uptrend remains intact as long as current support levels are not breached.
Read more: http://tinyurl.com/owm7vzm
BATTLE STATIONS
On silver’s 1-year chart we can see that a fine large Double Bottom is completing. We already had the breakout on good volume from the 2nd trough of this Double Bottom in the middle of February, and it was this event that has (rightly) caused traders to pile into silver, although the price hasn’t moved much – yet. The better silver stocks, on the other hand, are already on fire, because the “writing is on the wall”. Right now the price is consolidating following the breakout in a fine tight Flag formation, from which upside breakout looks imminent.
Read more: http://tinyurl.com/mqpobuz
HAVE THE GOLD & SILVER PRICES RESUMED THE UPTREND AND IF SO WHY?
Gold is now above $1,330 and setting a pattern of short consolidations up against overhead resistance before breaking through and moving higher. This seems to contradict the popular opinion that gold should be sold and funds invested in equity markets.
Read more: http://tinyurl.com/k59c5af
HOW TO PLAY THE SILVER RALLY
Ed Note: This analyst offers 3 options of Investing into the developing Silver Bull Market. From the safest risk wise of investing in Silver Bullion through Silver Coins, the more risky ETF’s, which are often leveraged and of course rely on the skill of the Fund Manager to time their purchases of Silver Bullion well.
Read more: http://tinyurl.com/kc3twcw
SILVER…THE ST. VALENTINE’S DAY BREAKOUT
I would like to show you the Chartology of silver that you won’t see anywhere else on the planet. Some of these charts might not conform to the classic textbook scenarios most chartists believe are the only correct ways to construct a chart pattern.
Read more: http://tinyurl.com/lgv6krj
PRECIOUS METALS GRIND OUT A NEW TREND
We preface the post with a statement that has not changed since I began public writing nearly 10 years ago: Gold is not about price; gold is about value. This point was hammered home to me 11 years ago by a person who had much influence upon my viewpoint toward the financial system and its various diseased components at a time when I was ready to listen and understand.
Read more: http://tinyurl.com/kk9ykx6
WHY SILVER STILL SHINES OUT AS THE BEST INVESTMENT OF 2014
The moment gold passed the $1,300 mark yesterday silver woke up and sprinted ahead with a larger percentage gain. That’s the way it works with these monetary metal twins.
Read more: http://tinyurl.com/p5cdqgb
ARE COMMODITIES DEAD?
No. Metals are basic necessities of modern life and the per capita use of metals rises with income levels. In the past decade several of the world’s most populous countries underwent accelerated growth. While countries like China, India and Brazil are currently being impacted by recessionary forces, the changes that spurred their stronger growth are not cyclical.
Read more: http://tinyurl.com/mhx3oy9