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Metals Archives | Page 29 of 30 | Elliott Wave Analytics

  • Copper: Red Alert On The Red Metal!.
    By on September 22, 2011 | 58 Comments58 Comments  Comments
    At the end of last year I made predictions (a total of 44) of what might come. So far I’ve got (at least) one right and other dead wrong. I’m worried about the one I’m wrong on. Right -Volatility is going up across the board. If you have the stomach for the swings that are coming across al...
  • Gold Double Top: Start of Correction?
    By on September 17, 2011 | 467 Comments467 Comments  Comments
    Price action over the last month or so for gold appears to have formed a double top that could well be the start of a much needed correction for the yellow metal. (Excerpt from the September 16, 2011 blog for Decision Point subscribers.) CLICK HERE TO SUBSCRIBE! Specifically the chart below sho...
  • Downward Earnings Revisions Next Up!.
    By on September 16, 2011 | 290 Comments290 Comments  Comments
    Economists and Wall Street were first very reluctant to lower their forecasts of impressive economic growth for 2011, last fall expecting growth for the year of 3.5% to 4.0%. Even as the first quarter earnings reports began coming in showing surprising declines across the economy, they pretty much s...
  • Friday Market Review.
    By on September 12, 2011 | 43 Comments43 Comments  Comments
    Lots of technical damage done on Friday across multiple asset classes. From a major move lower in copper reminiscent of the August equity selloff to 60 year lows on 10 year intraday yield a lot happened. Below are a number of charts in no set order. The SPX did manage to find support at the bottom o...
  • The Dollar Remains The Only Essential Currency.
    By on September 12, 2011 | 61 Comments61 Comments  Comments
    The only way to value the dollar is in the context of a mercantilist, export-dependent global economy anchored by a sole “importer of last resort,” the U.S., which funds these vast imports with its fiat currency, the dollar. Yesterday I explained why a gold-backed currency cannot replac...
  • Can Safe Havens Be Risky?.
    By on September 10, 2011 | 60 Comments60 Comments  Comments
    Safe havens have done really well of late. Owners of the Swiss Franc, TLT and Gold have seen their values move sharply higher. When building a portfolio, are there times that investors should look at these safe havens as riskier than normal? Last week I suggested that the Swiss Franc was facing a re...
  • Why a Gold-Backed Currency Doesn’t Work.
    By on September 9, 2011 | 323 Comments323 Comments  Comments
    The demise of the dollar as the grease of global trade would trigger global depression, political instability and the end of the Status Quo everywhere. No wonder it’s still around.Yesterday I set up the historical context for understanding “currency wars” and the key role of export...
  • Deflation, Gold And The 97% Greek One Year Yield.
    By on September 9, 2011 | No Comments  Comments
    Equity markets are up across the board, but particularly Europe following a German court decision that everyone pretty much knew would happen anyway. Please consider German court reins in Berlin on euro crisis. The Constitutional Court in the southern city of Karlsruhe rejected, as expected, a seri...
  • It’s All About Jobs…And Gold!.
    By on September 6, 2011 | 39 Comments39 Comments  Comments
    This week we briefly look at yesterday morning’s dismal unemployment report, then drop back and survey some other very eye-opening data on employment. Some groups are (surprise) doing better than others. What would it take to get us back to “normal,” whatever that is? I give you a link to some...
  • Gotta Love Those Junior Gold Miners!.
    By on August 22, 2011 | 61 Comments61 Comments  Comments
    Gold and silver have been pretty much the best things to own during the past few years. But the mining stocks…not so much. This is no secret, though why the miners are underperforming is a subject of debate. You hear about high energy prices (though oil is way down lately) and potential nationaliz...
  • Update: Gold, Silver and the U.S. Dollar.
    By on August 18, 2011 | No Comments  Comments
    My last update on the long-term performance of the Dollar, Gold and Silver was posted on April 25th, just four days before the S&P 500 set its interim high (click to view). Here now is a fresh look and the world’s reserve currency and the two metals, starting with a 20-year timeline for th...
  • Gold & The Swiss National Bank.
    By on August 17, 2011 | 64 Comments64 Comments  Comments
    Gold has a nice bid so far today. There are so many reasons to own gold. I think a factor in today’s price action is the Swiss National Bank. This is a slow motion breaking story. There should be a resolution on central issues the SNB is now pondering in the next 24 hours. Depending on the out co...
  • Is Gold A Sure Thing?.
    By on July 30, 2011 | 51 Comments51 Comments  Comments
    With global politicians (and a great many of their constituents) unable to come to grips with impossible levels of debt and spending, it seems that gold is an easy and certain way to hedge against the disaster that seems unavoidable. The logic seems perfect, and it is reinforced many times daily by...
  • Worsening Conditions Could See $1,800 Gold!
    By on July 6, 2011 | 40 Comments40 Comments  Comments
      Gold is higher today and showing particular strength against the euro and the Japanese yen. The relief rally seen in equities since the latest Greek ‘bailout’ is under pressure as S&P have said the debt rollover proposal would be a “selective default”. The ECB may selectively reje...
  • Where Is Global Gold Supply At?.
    By on July 5, 2011 | No Comments  Comments
    Considering gold’s outstanding fundamentals, it’s no surprise that demand has stayed strong a decade into its bull. And with demand only expected to strengthen in the years to come, a lot of weight rests on the shoulders of gold’s suppliers. In order for this yellow metal to find an economic b...
  • The Screaming Fundamentals For Owning Gold And Silver...
    By on July 4, 2011 | 40 Comments40 Comments  Comments
    This report lays out an investment thesis for gold and one for silver.  Various factors lead me to conclude that gold is one investment that you can park for the next ten or twenty years, confident that it will perform well. My timing and logic for both entering and finally exiting gold (and silver...

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