Chart of the day: Gold
I believe the coming months will be very interesting…
Continue reading » Tag: Gold
Charts of The Day: Silver & Gold Historical Valuations
The two charts below are adjuster for inflation and thus reflects the real prices of silver & gold all the way from year 1720 expressed in today’s dollars: As you can see, gold and especially silver has pretty much NEVER been as cheap...
Continue reading » Chart of the Day: Real Rates
Note: Real rates are calculated by taking the rate of inflation and subtract interest rate. If real rates are negative, it means that your purchasing power declines even if you deposit your currency in a “savings” account. Precious metals love negative real rates because of...
Continue reading » GDXJ: Still in a narrow range after the FED pop
Stocks and metals popped after the FED decision to hike rates on March 15. AS of now the metals and miners seem to be undecided where they want to go. GDXJ (Junior Miners) maybe saw some profit taking today as it is nearing the end...
Continue reading » March 15: D-day?
With only a few short days away from three potentially big catalysts, it is interesting to see that gold and the miners are poised for a big move… Gold is reaching the end of a multi year wedge formation GDXJ (Junior Miners)...
Continue reading » Chart of the Day: FED Tightening and Gold
Will this time be any different if they indeed hike rates again on March 15 next week? We will know soon…
Continue reading » The Path to $10,000 Gold – Jim Rickards
Jim rickard’s new article covering his case for $10,000 gold can be read HERE. Snippet: “I believe the Fed is preparing to raise into weakness and will have to reverse course in April or May. What happens to gold then? It’s going to go higher...
Continue reading » Chart of the day: USD/ZAR and gold markets
The USD/ZAR exchange rate has shown a very interesting relationship with bear and bull markets in gold. When the USD strengthens relative to the South African Rand, this has gone alongside a negative price trend in gold, and vice versa. On the chart below, it...
Continue reading » Chart of the day: Money printing
The case for holding real monetary assets summed up in one chart: If and when this amount of currency makes it’s way to the real economy, one can only imagine how fast prices could potentially rise. Out of the two scenarios that will unfold (higher...
Continue reading » GDXJ: Big move coming?
The last couple of days of slaughter in the metals and mining space saw GDXJ turn down from over head resistance in the form of a descending ceiling. With three potentially big catalysts coming up around March 15 along with now narrowing wedges in the GDXJ chart, we could...
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