Commodity Trade Mantra

Posts Tagged ‘Silver Charts’

Silver Breaks Out: Will Silver Return as the World’s Premier Currency?

Corrective action from July has more than completely unwound the earlier overbought condition & has brought silver all the way back to its steadily rising 200-day moving average, a classic buy spot, where a potential intermediate base has formed. The tight pattern that has developed following the sharp drop early in Oct suggests a “false flag” that will lead to an upside breakout.

Gold And Silver Markets– Little Hope, Little Change From Last Week

Gold is still in a weak market condition. Is a bottom forming? We keep getting closer without knowing how close the anticipated bottom will be. The chart comments set out the facts from the chart as it exists today. Whatever the potential for a turnaround may be, it will take some time to break through the layers of built-up resistance to change the existing trend.

A Case For Much Higher Silver Prices

The reason silver will increase in value in the future has nothing to do with industrial demand, but rather as a result of investors moving out of increasingly worthless paper assets and into physical ones to protect wealth. Silver is just as good as a store of wealth as is gold. Gold and silver are true stores of value, while most paper assets are ILLUSIONS of value.

Indian Silver Imports On Track To Smash All Records

India imported 25% of world silver mine supply in 2014. The latest data through April show Indian silver imports running about 30% above the 2014 record pace, on track for about 300 mn ounces of imports in 2015. India imports alone are on pace to consume about 1/3 of total global silver supply available in 2015.

Gold And Silver – A Telling View Through ETF Charts

None of the fundamentals are currently reliable for market timing, charts being preferred for that aspect, and even the charts are not indicating the “when” will gold and silver embark on a change in trend. With an overload of news events, a shorter read of what is going on in the markets via the charts makes more sense.

Probability For A Lower Gold And Silver Low Has Increased

An area of resistance in silver and gold held to push price lower, last week, though volume and price activity has a positive bias. Physical gold and silver are being bought for a specific purpose, and price is not the objective…security is. Remember: “if you do not hold it, you do not own it” has proven to be true in too many cases.

Gold And Silver Charts: 2013 To 2015…Expect More Of The Same

Charts are a reflection of developing market activity that tells the most accurate and current story. We are as bullish on the potential of gold and silver. However, with the highest regard for what the market says and no one else – Expect more of the same for 2015, at least to start, until there is evidence of a market turn. For now, there is none.

Gold And Silver – Charts Show Power Of Elite’s Central Bankers

The best answer as to when will gold and silver rise to values that are reflective of the perverse distortion of their role as a known and accepted store of value is: Not a day before the end of the moneychangers control over the existing fiat system so deeply entrenched and accepted for its existence.

Take a good hard look at Silver - Is something wrong?

So far since the Dec low, silver is playing a game of Opossum by looking weak & not confirming the move in gold or the precious metals stocks. I think this is a deceptive look on silver right now. Lets see what the silver charts are telling us on what is really taking place right now.

The Silver Bottom Is In - Time To Hold, Add And Ride It Out

When the bulls are running for the doors, that is a sign that we have hit bottom and wise investors should hold on to their portfolios for the ride up. I think investors should own both gold and silver. But, overall, I believe silver’s outperforming trend will continue. The bull market is not over.

Greater Reasons Than Just Demand For Owning Gold And Silver

Here is some very cogent rationale for owning gold and silver. None pertain to the ever-ending reasons that demonstrate great demand. Also none of the reasons from 2013 to own physical gold and silver have changed. In fact, they have increased.

Today's Silver Market Update

Much of what is written about the macro factors affecting gold applies equally to silver, and will not be repeated here. Silver’s […]

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