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Tag Archives: fundamental and technical analysis

No Pain No Gain: It’s Best To Prepare For Pain this Week In Gold & Silver

This is the week where both fundamentals and technical data dumps can have an effect on the cartel’s ability to smash the price of the metals. Meaning they will be able to strong arm gold and silver with ease. Let’s recap the fundamentals for the week. On Wednesday the markets are closed for Fourth of July. With markets closed on Wednesday, the cartel loves smashing around market holidays. Thanksgiving and Christmas are prime-time holidays for smashing too. Something...

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Storm Clouds Are Gathering Over Gold & Silver But Right Now It’s The Calm Before The Storm

There is a flurry of activity on the events calendar this week. We start the week with some housing data and Fed speeches: Granted, those are lesser of the Fed Heads. But come Wednesday, the data really starts getting important with the hot topic of the year – trade. Of course, there will be no trade surplus. The question on everybody’s mind: Is the trade deficit shrinking, growing, or staying the same? I think Wednesday’s trade data will be more important than most,...

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Thanksgiving Dinner Is Not Usually Served On A Silver Platter But This Year We May See Just That

In November of 2015 when silver was bottoming, we all had to endure 15 consecutive days of pure disgust: 2016 was not quite as bad, but not any easier: Which brings us to November 2017: Notice the theme here. Silver bottomed in 2015. In 2016, silver began (or resumed) its bull market. This is further supported by the huge moves on the 2016 chart above. This is because, generally speaking, in bull markets, the biggest...

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Today No Metals Die: Gold & Silver Prices Rise To Finish The Week Strong

It’s nice to see a volume spike on the bid side for a change: We have been saying for weeks now, and probably sound like a broken record, that sooner or later the open interest has to come down. There are two ways it can come down, by a brute force paper dump and then the bullion banking cartel, also known as the commercials, step in and buy back all those contracts they sold short. The other way is just to buy them...

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The Cartel Is In A Box With Gold & Silver Prices But Don’t Start Celebrating Yet

Both gold and silver ended last week with bad omens. Let’s look at those omens as it pertains to the problem the cartel has had for months: Open Interest In silver, open interest needs to come down: If it comes down this week, the cartel will have painted the chart rather bearishly in the short-term.  If we drop below $16.59, then we will have put in another lower-low on the charts, and if open interest is going to come...

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The Front-Line Is About to Shift To End This Gold & Silver Price War Stalemate

The fundamental news is nothing short of complete and total uncertainty. A month after the worst mass shooting in U.S. history, we had the worst mass shooting in a church in U.S. history. On top of the worsening domestic situation, Saudi Arabia is in utter chaos right now with dead princes, frozen bank accounts, war and war threats, and a petro-dollar that behind closed doors most certainly undergoing spats of violent...

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Gold & Silver Looking Strong Going Into FOMC Day Despite That Pesky Problem

On the fundamental side, today could be a very big day. Is the house going to release their tax plan today? What is the Fed going to put in its FOMC statement due to hit the tape at 2:00 p.m. EST? Are we going to get another terrorist attack? With all the uncertainty, the “fear” barometer doesn’t even care: Unbelievable that the VIX has gaped down. Of course, the Fed wouldn’t want any eyebrows raised going into the...

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Gold & Silver Prices Have Held Steady Amid Market Mis-Matches

We have a nice pop in the pre-market today, Wednesday Oct 25th: There’s good volume on that price rise too. Since opening on Sunday night, the silver price is down slightly: As is the gold price: Of course, we could see this coming from as early as Friday, so we have been in defensive posture anyway. But on the fundamental side of the equation, as the days go on, the fundamentals are going to become harder and harder...

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Ready To Surge: Dow Is Going To Need A Lot More Than 23,000 To Fend Off Gold & Silver

First this to start a Monday morning: The U.S. has gained more than 5.2 trillion dollars in Stock Market Value since Election Day! Also, record business enthusiasm. — Donald J. Trump (@realDonaldTrump) October 16, 2017 In the overnight session, gold and silver have been looking good with respectable price action: For this Monday Outlook, let’s see where we have been over the last year. As we can see, gold and silver...

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No Twist In This Friday The 13th Movie: Gold & Silver Are EPIC SLASHERS

Sure enough, gold and silver were the slashers this Friday the 13th… As soon as the data releases hit the tape this morning, gold and silver caught a nice bid and the dollar dropped: The volume was nice in both metals: And both metals managed to go out on the highs: Last week was all about gold and silver doing just what we needed and nothing more. Recall that what we needed was to see the gold price come down some to...

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