Commodity Trade Mantra

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Something Big Is About To Happen With Gold And Silver

I believe this is just the beginning of what will become an AVALANCHE of physical gold and silver buying. Right now there is only a hint of fear. Wait until the markets really start to tank as the price of oil heads below $20. All it would take would be the bankruptcy of a financial institution such as Deutsche Bank to push the whole thing over the cliff.

The US Dollar is a Crowded Trade – Why this Matters for Gold

Gold remains not only an important portfolio diversification tool, but also an asset class ripe for a rebound. While gold prices have certainly declined as the USD rises, it might be small comfort to see that gold loses less value than other currencies, it also appears to recover more quickly. Gold behaves like a currency, but one that is not easily manipulated by central bank policy.

Gold Prices Are Soaring Right Now - Here's What's Next

The World Gold Council said it’s largest customers, China, India & Russia will be adding to their stockpiles of physical gold & that the global stock market turmoil would be enough to keep gold demand strong this year. Well, I would say that’s all fine and good, but the main currency that gold is concerned about is the dollar.

JPMorgan: People Have More Confidence In Gold Than In Paper Money

Global CIO & Head, Global Fixed Income, Currency & Commodities Group of JPMorgan Bob Michele, who earlier today was on CNBC, admitted “Gold at $1,200 an ounce, what does that tell you? It tells you that in a flight to quality, people have more confidence in gold than in bank deposits or paper money. I think things have gotten out of control.”

Gold Makes First Higher High In 5 Years: Is This The Signal We’ve Been Waiting For?

Today, for the first time in five years, gold has made a higher high. Since 2011, gold has marched down the stairs. Now, for the first time in five years, gold took a step up. This is a classic bottoming pattern. It’s an extremely important signal that suggests the gold bear market is over. The odds now favor gold prices going higher. If you don’t own gold yet, we strongly suggest buying some.

Canada Sells Nearly Half Of All Its Gold Reserves

The latest data shows the total Canadian gold reserves have now dropped to 0.62 tonnes. The amount of gold the Canadian government holds has therefore been falling steadily since the mid-1960s, when over 1,000 tonnes were kept tucked away. Half of those reserves were sold by 1985, then through the 1990s & by last year, Canada’s gold reserves were down to just three tonnes.

Gold To $1,400 As Faith In Central Banks Is Lost: Jeff Gundlach

In his latest communication with the outside world, Jeff Gundlach said that gold prices are likely to reach $1400 an ounce “as investors lose faith in central banks. “The evidence that negative rates are harmful and not helpful has piled up to the point that the ‘In Central Banks We Trust’ mantra has finally been laid bare as a hoax,” Gundlach said.

The Gold Price Secret Wall Street Doesn’t Want to Talk About

It is now possible to classify every gold commentator and reporter on the planet as belonging to one of two camps: those who believe gold has been actively manipulated by government agents from 2011 to the present and those who believe the gold numbers (hence, the gold charts themselves) are pristine, correct, accurate, and reflect true demand and supply.

The Outlook for Gold Prices is Brightening Rapidly

US dollar’s serious breakdown, which results from the NIRP move in Japan & the realization that this makes further rate rises in US much less likely, coupled with growing pressure for global QE to beat back the mounting forces of deflation mean that massive and widespread inflation is not far. While this is obviously not good news for the average housewife, what could be better for gold?

Is The Gold And Silver Bottom In? Nothing Confirmed Yet

The purpose of articulating the importance of confirmation is now focused on gold and silver because of the increased calls for a [possible] bottom in both. The information gleaned from chart market activity, in the form of price/volume behaviour, is telling us that no bottom has been confirmed in gold and silver, factually speaking. Many may believe otherwise.

Collapse Of The Paper Gold And Silver Market May Be Close At Hand

There is something seriously wrong taking place in the markets today. This is also true in the paper gold and silver markets as well. For a paper precious metals futures market to function properly, there has to be ample supplies of physical gold and silver. However, the ongoing trend of falling precious metal inventories points to big trouble in the paper gold and silver markets.

Bizarre Gold and Silver Movements Occurring Behind-the-Scenes

The drop in COMEX inventories of gold and silver may contribute to supply problems in the bullion markets. Registered gold inventories had recovered very modestly from record low levels in December. However, last week stockpiles dropped an alarming 73% in a single day. A lot is riding on the demand side of the equation when it comes to metals’ price performance this year.

The Fed Blinked; Dollar Plunged; Gold Rallied

Gold has fallen for the last few years based on this false belief that everything is great and we’re going to have a return to normalcy, and the Fed’s going to shrink its balance sheet. Nothing could be further from the truth. This gold price today, is at the highest it has been since the Fed hike. And this collapse in the dollar today is just the beginning.

Gold Deposits Worth $2-$3B That Can Be Bought Now For $15Mn

Think about a company that has a very, very large gold deposit. This company 5 years ago would have had (while only owning half the deposit) a $2 billion market cap with one of the biggest copper-gold porphyry deposits in the world. Now it owns the entire deposit and has about an $80 million market cap for the whole deposit. You get twice as much for about 4% of the price.

Steve Forbes on the Presidential Race, Fed Recklessness and Gold

In terms of gold, unless you’re a jeweler, I see it as an insurance policy. It doesn’t build new factories or things like that. What it is, is insurance that if things really go wrong you’ve got something that will balance your portfolio. Not that you’re going to make quick money on it, but it’s like an insurance policy. You hope it doesn’t have to be used, but if it does you’ve got it.

Gold And Silver Prices At Current Levels Do Not Matter

There are no reasons to buy paper gold or silver & it is too risky to pay up and buy into a rally, at this early stage. But the reasons for buying and holding physical gold and silver are more compelling than ever, and we expect those reasons to become even more compelling. Price is irrelevant and way, way undervalued.

Gold And Gold Stocks - A Meaningful Reversal?

Usually major turning points are first signalled by strength in gold stocks and only later confirmed by a rising gold price. However, given the strange correlation between gold stocks and base metal mining stocks which has developed in recent years, one should perhaps not be too fixated on the indexes, especially as there are large disparities within the sector.

How the Blockchain and Gold Can Work Together

Gold-on-the-blockchain technology appears to hold great potential when it comes to making possible a world of digital gold money transactions. Governments use regulation & taxation to inhibit & even prevent unencumbered competition among monies. The evolution of the blockchain largely circumvents many of the obstacles governments put in the way of a free market in money.

This is not 2008 – At least not for Gold Prices

Both, low energy prices & higher real interest rates are already reflected in the current gold prices. As longer-dated oil prices cannot remain below industry costs indefinitely, nor real interest rates rise much higher given a data dependent FED, this creates an asymmetry to gold prices, regardless of broader market normalization – or capitulation.

US Mint Gold And Silver Bullion Coin Sales

Contrary to Wall Street’s assertion that gold and silver demand continue to implode heralding much-lower precious-metals prices, the US Mint says American Eagle coins are selling like hotcakes. On Dec 31st it reported that 2015 sales of its gold coins soared 53% above 2014’s levels, while silver coin sales hit an all-time record! That’s impressive considering 2015’s poor price action.

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