BrotherJohnF’s latest silver update:
Silver Eagles [Read more...]
Silver Update: Silver Eagles
Here Comes the Gold & Silver Waterfall
After trading up to the top of their recent respective trading ranges over most of the week, gold and silver were capped at $1680 and $31 overnight, and have just been treated to another waterfall decline.
Silver was smashed .80 to $30.14, and gold nearly $25 to $1654. [Read more...]
Silver Update: FED Follies
BrotherJohnF’s latest Silver Update:
FED Follies [Read more...]
Massive US Mint Gold & Silver Bullion Sales Are A Bullish Omen
Submitted by Adam Hamilton:
The US Mint’s bullion coins are called American Eagles. The “bullion” distinction means their value is based solely on the spot prices of gold and silver, with no special premium for rarity. So they offer investors far more physical metal per dollar spent than expensive collectible coins. I’ve always believed maximizing one’s total gold and silver holdings is far more prudent than playing the scarcity game.
The US Mint’s production is based on real-world demand from coin dealers. When these guys have enough inventory from existing investors selling, they don’t need to order new Eagles from the Mint. So the Mint ramping up production is always a response to rising coin-dealer demand, which is in turn the result of rising investor demand for physical gold and silver. Thus the Mint’s sales data is valuable.
It is made available on a monthly basis for both gold and silver Eagles. The charts in this essay superimpose these coin sales over the daily gold and silver price action over the course of their entire secular bulls. Despite the perception of 2012 being a weak year for the precious metals, new physical demand from investors for American Eagles is actually robust to strong. This is certainly a bullish omen. [Read more...]
The Coming Silver Super Spike – BrotherJohnF
AltInvestors have released an interview with BrotherJohnF on the outcome of the fiscal cliff deal, and BrotherJohn’s outlook for silver in 2013.
John discusses the similarities of the US debt crisis to Japan, and why he believes we will see a massive super-spike in silver during the next bull rally.
Full interview below: [Read more...]
Gold & Silver Explode in First Trading of 2013
The Cliff is dead, risk is on!
In an exact repeat of the end of 2011 and the first 2 weeks of 2012, gold and silver have absolutely exploded Wednesday in the first trading of 2013. Silver is up over $1 to $31.55, a nearly 4% gain, and gold is up a more modest $15 to $1693. [Read more...]
Stewart Thomson: A Glass Of Golden Bubbly- Miners, Gold, & Silver Set to Explode in 2013
Submitted by Stewart Thomson:
On the last trading day of 2012, a watershed event occurred. Key gold stocks staged superb breakouts, from their weekly chart power downtrend lines.
The gold exploration companies also look poised to rise significantly, and I expect large Japanese and Chinese companies to contact many of them soon, in an effort to secure reliable pipelines of the metals they need, to build their products.
For bullion investors, silver is clearly the metal poised to shine the brightest, in the short term. To do so, gold must rally. When you look at my next chart, I think you’ll agree that “Queen Gold” is indeed ready to perform.
I have given a label to the price area above $1800. I call it the “Green Zone”. The green zone is an area of tremendous support and potentially represents a place where an institutional buying frenzy could occur, pushing your gold items to much higher prices. [Read more...]
Silver Update: Fiscal Clowns
BrotherJohnF discusses the fiscal cliff insanity and silver’s technicals in his latest Silver Update:
Fiscal Clowns.
Gold & Silver Pop As No Fiscal Cliff Deal Yet, Obama To Speak at 1:30
After consolidating throughout the overnight Asian and London session as well as throughout morning COMEX trading, gold and silver have just gone vertical, with silver up .65 from its lows to $30.53, and gold popping over $20 to $1681.
Meanwhile, the FUBAR fiscal cliff negotiations are reaching critical stage with less than 12 hours left to make a deal, with Obama scheduled to speak at 1:30pm.
Somehow we suspect it will be to place blame on Republicans for sending the country over the cliff, rather than to announce a deal. [Read more...]
Morris Hubbartt: Silver Set to Dramatically Outperform Gold
Submitted by Morris Hubbartt:
This is a ratio chart of silver versus gold, and it suggests silver is set to dramatically outperform gold, in the intermediate term. RSI is close to confirming the latest CCI spike, and the Stokes oscillator at the bottom of the chart is flashing a significant buy signal.
A bullish Doji candle recently occurred, just outside of the lower Bollinger band. No technical pattern has a 100% success rate, but a Doji is highly dependable. The silver bears are treading on thin ice here, and the bulls are looking good.
The best trade for 2013 could turn out to be buying silver now. [Read more...]
Silver Update: Central Planning
BrotherJohnF’s latest Silver Update:
Central Planning [Read more...]
Silver Goes Vertical
After trading in the shadow of Wednesday’s chart overnight and throughout the early morning, silver has just broken algo control with a vertical move to the upside. After breaking below $29.70 in early trading, silver has just shot up .80 nearly vertically to $30.59.
Gold has also made a strong move to the upside, and is back into the mid $1660′s. [Read more...]
RJO’s Streible: Silver Will Be #1 Commodity Pick of 2013, Short Covering Rally Will See Prices EXPLODE!
RJ O’brien Senior Commodities Broker Phil Streible was on Bloomberg this morning, and when asked by the host for his #1 commodities pick for 2013, Streible responded: Silver!
Streible stated that: The Fed will continue to buy mortgage backed securities and treasuries, causing the Fed’s balance sheet to expand from $2.9 Trillion to $4 Trillion by the end of the year.
The Bloomberg host then asked Streible why then wouldn’t he buy gold rather than silver?
Streible responded: Ultimately the Fiscal Cliff issues will be resolved, silver prices have been beat up recently, we’ve seen a 10% decline in the last week, and I think that a snap-back short covering rally will occur, and prices will explode!
Full interview below: [Read more...]
Gold & Silver Pop on COMEX Open, Silver Regains $30 Handle
Gold and silver have popped higher in thin trading on Wednesday’s COMEX open, with silver trading back above $30 to $30.30, and gold moving off $1650 to $1669. [Read more...]
SGT With Jeff Nielson: Time for Silver & Gold Investors to Abandon Hope?
Endless Bankster paper, week after week, month after month, it’s enough to make the best of us throw in the towel. The fact is however, it’s all an illusion. An elaborate magic trick designed to separate the truth from reality. The Bankster’s monopoly money does NOT trump all, and as I point out, the demand for even Canadian Silver Maple Leaf coins has gone absolutely exponential since 2008. So, we can either feel sorry for ourselves when the criminal cartel spanks the paper markets, or we can stay the course and stack more PHYSICAL knowing that in the long view – holders of PHYSICAL precious metals CAN’T lose. Jeff Nielson of Bullion Bulls Canada joins me to discuss. [Read more...]
![[Most Recent Quotes from www.kitco.com]](http://www.kitconet.com/images/live/s_silv.gif)
![[Most Recent Quotes from www.kitco.com]](http://www.kitconet.com/images/live/s_gold.gif)
