Tag: Gold
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Criteria for calling the low in gold
Q: How do divergences relate to the four criteria for calling the low in gold? A: They don’t make the top four list but they’re helpful for refining the analysis. Take a look at bigcharts.marketwatch.com. Junior silver mining shares represented by this index have taken a huge plunge over the last 15 trading days. Silver…
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Gold investment sentiment indicators
Q: Thank you for the explanation of the criteria for inclusion in the short list. You have previously indicated four criteria for calling the low in the gold market. Could we review and expand upon that. Is gold investment a bad idea? You have also indicated that there are three level of understanding this: mental,…
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Bull Market Expectation
Q: Do you have an expectation of what will happen over the next few years in the gold market? A: Yes. I expect that after the low is in that we will have a three to five year bull market with prices dramatically higher than they are now. I have confidence in that expectation in…
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Forecasting the Low in the Gold Market
Q: Does the recent terrorist attack in Paris and the public reaction have any bearing on your calling the low in the gold market? A: The event does not but the reaction confirms my view that we have not yet seen the low. We have had new lows in both the bullion and the gold…
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Gold: Primed for Recovery
NEW YORK (November 13, 2015) – Jeffrey Nichols, Senior Economic Advisor to Rosland Capital, had the following comments today: Despite increasingly strong supply/demand fundamentals, gold prices have continued to tread water – more or less within a narrow $100 range – having hit overhead resistance a few weeks ago near $1175 and now testing support…
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Economic Law and the Price of Gold
Price of Gold Q: Can you give us an update on how close we are to the end of the bear market in Price of Gold? A: We get closer every day. That much is for sure. My best guess is the low will occur a month and a half to three and a half…
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What it means when gold sells at a NEGATIVE price
Nearly four months ago on June 2nd, something very unusual happened in Edmonton, Alberta, Canada. The price of propane actually became negative, hitting an unbelievable -0.625 cents per gallon. It’s hard to believe that the price of a productive commodity could become so beat down by the market that producers would practically have to pay…
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The Next Thing Might Be Helicopter Money
James Grant, Wall Street expert and editor of the investment journal Grant’s Interest Rate Observer, warns of ever more extreme central bank policies and bets on the comeback of gold. The global financial markets are under severe stress. The postponed interest rate hike in the United States, the fast cooldown of the Chinese economy and…
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Market Timing the Low in Gold
From a purely mental perspective it’s a snap. We know when the low will occur and the gold market will turn from a bear to a bull. It will happen when most market participants expect a higher future price than the then spot price plus the cost to carry. Ludwig von Mises, in Human Action,…