Gold: Monthly Higher lows in RSI (Bullish). MACD is turning up and is near positive territory (Bullish). A lot of room left to upper Bollinger Band. Overall: Bullish Gold: Weekly MACD cross (Bullish). Price above Bollinger Median with a lot room left...
Continue reading » February 7, 2017 admin Silver & Guld No Comment “JP Morgan Silver Manipulation Lawsuit Revived By Appeals Court!” – AveryGoodman.com “Utah Bill Sets Stage For State Gold Depository…” – Zerohedge.com It’s always good to see some positive developments in regard to sound money. In an ideal world a nation’s central bank and/or government should...
Continue reading » February 3, 2017 admin Silver & Guld No Comment Via goldsilver.com: So to sum up: Less and less gold is being discovered world wide. Gold miners are decreasing the capital expenditures in trying to find new gold to replenish their portfolio. … Thus it is not surprising to see reserves being depleted....
Continue reading » January 20, 2017 admin Silver & Guld No Comment In a previous post I put up the following chart depicting the recent major divergence between Bitcoin and GDX (gold miner index) and that if recent history is a guide for the future, we should see Bitcoin and GDX converge. So what has happened since then?…...
Continue reading » January 10, 2017 admin Market Flash No Comment To put it bluntly we are now entering the crunch time period for gold and silver gains, especially silver. The latest repeat of the “beginning of the year seasonality rally” was last seen exactly a year ago, when both metals ripped higher at the beginning of...
Continue reading » January 3, 2017 admin Silver & Guld No Comment