Articles related to weeks
 
Ronan Manly - Bullion Star
New Gold Pool at the BIS Basle, Switzerland: Part 1
“In the Governor’s absence I attended the meeting in Zijlstra’s room in the BIS on the afternoon of Monday, 10th December to continue discussions about a possible gold pool. Emminger, de la Geniere, de Strycker, Leutwiler, Larre and Pohl were present.”      13 December 1979 – Kit McMahon to Gordon Richardson, Bank of England Introduction A central bank Gold Pool which many people will be familiar with operated in the gold market between November 1961 and March 1968. That Gold Pool was known as t
Wednesday, May 2, 2018
Oilprice.com - oilprice.com
Supply Crunch Or Oil Glut: Investment Banks Can't Agree
In recent years, U.S. shale has thrown in another unknown in the mix of factors driving the price of oil. This year, shale output forecasts combine with OPEC's production cuts, geopolitical factors, and unexpected outages to further complicate supply/demand and oil price forecasts by Wall Street's major investment banks. The biggest banks remain bullish on oil prices, expecting moderate price gains by the end of the year, even after last month WTI prices dropped below $50 for a couple
Sunday, April 1, 2018
Przemyslaw Radomski CFA - SunshineProfits
2018 Reversal Dates for Gold, Silver and Gold Stocks
Friday’s session in the precious metals sector was very exciting, but quite a few investors will want to agree to that, because the volatility wasn’t really big. But the dam is broken, and we saw several new cracks pointing to an incoming breakdown. It’s not the time to look away from all the signs – it’s time to take advantage of them. In addition to showing you how we plan to proceed with the above, we’ll discuss something much bigger – the dates at which gold, silver and gold miners are likel
Tuesday, March 20, 2018
Chris Powell - GATA
U.S. bank derivatives books larger since rescue of Bear Stearns
At the end of January 2008, in what would turn out to be its final annual report, Bear Stearns went into some detail about its big book of derivatives. The book had a notional value of $13.4 trillion at the end of November, Bear said, up more than 50 percent from a year earlier. A two-notch downgrade in the firm's credit ratings, it added, would require it to come up with an extra $353m in collateral. This huge cluster of financial instruments -- swaps, futures, forwards, and options -- may not
Sunday, March 18, 2018
Chris Powell - GATA
Iran's break with the dollar is easier said than done
A little over two weeks ago Iran eliminated another function of the U.S. dollar in its internal workings in a move positioned amid yearslong plans to reduce dependency on the greenback. The consequences will be manifold and interconnected, but there are discrepancies in views concerning what will happen as a result among experts and officials. On Feb. 28, the Ministry of Industry, Mines, and Trade announced by way of a directive that all traders are henceforth barred from registering their impor
Saturday, March 17, 2018
Przemyslaw Radomski CFA - SunshineProfits
Has Bitcoin Bought It
Punch-drunk from a series of crunching blows, dazed and confused, staggering for the ropes. It’s hard not to get the image of Bitcoin being pummeled by the market, getting the wind knock out of it. But is this picture true? Instead of focusing on what swirls around in the media, a cautious investor would instead reach out for what might drive their profits. Google has moved to ban Bitcoin-related adds. This shouldn’t be particularly surprising, given the fact that there’s been precedent in the f
Saturday, March 17, 2018
Adam Hamilton - Zealllc
Gold Miners’ Q4’17 Fundamentals
The gold miners’ stocks remain deeply out of favor, trading at prices seen when gold was half or even a quarter of current levels.  So many traders assume this small contrarian sector must be really struggling fundamentally.  But nothing could be farther from the truth!  The major gold miners’ recently-released Q4’17 results prove they are thriving.  Their languishing stock prices are the result of irrational herd sentiment. Four times a year publicly-traded co
Friday, March 16, 2018
Adrian Ash - Bullion Vault
10 Years of 4-Figure Gold
Spot gold prices first broke $1000 per ounce 14 March 2008... IN FACT the world's first ever $1000 gold deal had happened the day before, writes Adrian Ash at BullionVault. Thursday 13 March 2008 – a day earlier than the wholesale 'spot' gold price finally popped above $1000 per ounce – saw a customer of BullionVault offer the five ounces of gold he held in secure, insur
Thursday, March 15, 2018
Przemyslaw Radomski CFA - SunshineProfits
Upcoming Turnaround in Gold
More than two weeks ago, we described the very specific and very important pattern in the gold market, one of short- and medium-term importance. We wrote that the triangle apex pattern based on the intraday highs, pointed to a major reversal in the first half of March. The first half of March ends this week, so the key question is if the pattern was invalidated or are we about to see a major reversal in the price of gold. In our view, the latter outcome is highly likely as it is confirmed also b
Thursday, March 15, 2018
The Gold Report
Jack Chan's Weekly Precious Metals Update
Technical analyst Jack Chan charts recent movements in the gold and silver markets. Our proprietary cycle indicator is down. The gold sector is on a long-term buy signal. Long-term signals can last for months and years and are more suitable for investors holding for long term. The gold sector is on a short-term buy signal. Short-term signals can last for days and weeks, and are more suitable for traders. Speculation is in bull market values.
Wednesday, March 14, 2018
Bullion Vault
Gold Price Spikes vs. Dollar as Trump Sacks Tillerson 'Cos of Russia', Inflation Rises
GOLD PRICES leapt against a sinking Dollar on Tuesday but quickly fell back after US consumer prices showed the fastest inflation in 6 months and US President Donald Trump sacked his Secretary of State Rex Tillerson with a tweet, one day after Tillerson called Russia "a force for instability in the world." Trump had tweeted overnight that the House Intelligence Committee " found no evidence of collusion or coordination" between his 2
Wednesday, March 14, 2018
Przemyslaw Radomski CFA - SunshineProfits
Silver Does it Again! Severe Consequences.
In the free analysis that we posted last Monday, we warned that Friday’s session was likely to be volatile and tricky. This seems to have indeed been the case for silver. The white metal declined early in the day only to rally almost 40 cents from the initial low. In our previous alert, we discussed the possibility of silver topping at about $16.65 and this level was reached. Is silver about to take a dive just like it did in late November 2017? In short, yes. That seems very likely, especially
Tuesday, March 13, 2018
Przemyslaw Radomski CFA - SunshineProfits
SP 500 at 2,800 Again, Breakout or Fakeout
Friday's trading session was very bullish, as the main U.S. stock market indexes gained 1.7-1.8%. Investors' sentiment improved following better-than-expected monthly Nonfarm Payrolls release. The S&P 500 index broke above its short-term consolidation and it got close to the late February local high of 2,789.15. The index currently trades 3.0% below January 26 record high of 2,872.87. Both Dow Jones Industrial Average and the technology Nasdaq Composite gained 1.8% on Friday. The latter reached
Tuesday, March 13, 2018
Adam Hamilton - Zealllc
Cheap Gold Stocks Basing
The small contrarian gold-mining sector remains deeply out of favor, universally ignored.  Thus the gold stocks are largely drifting listlessly, totally devoid of excitement.  But that’s the best time to buy low, when few others care.  The gold stocks continue to form strong technical bases, paving the way for massive mean-reversion uplegs.  And they remain exceedingly cheap relative to gold prices, which drive their profits. Being a gold-stock investor feels p
Friday, March 9, 2018
The Gold Report
Jack Chan's Weekly Precious Metals Update
Technical analyst Jack Chan charts recent movements in the gold and silver markets. Our proprietary cycle indicator is down. Gold sector is on a long-term buy signal. Long-term signals can last for months and years and are more suitable for investors holding for long term. Gold sector is on a short-term sell signal. Short-term signals can last for days and weeks, and are more suitable for traders. Speculation is in bull market values. This
Friday, March 9, 2018
Mark O'Byrne - gold.ie
London Property Sees Brave Bet By Norway As Foxtons Profits Plunge
– Sales in London property market at ‘historic lows’ – 65% fall in pre-tax profits in 2017 to £6.5m reported by London estate agents Foxtons – Foxtons warns 2018 will ‘remain challenging’ for London property – Norway’s sovereign wealth fund is backing London’s property market – RICS: UK property stock hits record low as buyer demand falls – Own physical gold to hedge falls in physical property The world’s biggest sovereign state fund is backing the London property market. The news comes at a ti
Friday, March 9, 2018
Bullion Vault
Gold and Silver Trading Down to New Euro Lows as ECB Cuts 42 Words on QE
GOLD and SILVER TRADING in London's wholesale bullion market saw prices hold firm in everything but the single Euro currency on Thursday as the European Central Bank dropped a commitment to boost its QE stimulus if the economic or financial outlook worsens. Platinum prices also fell hard against the Euro as the ECB cut 42 words first used in March 2016 from its monetary policy statement.
Friday, March 9, 2018
Przemyslaw Radomski CFA - SunshineProfits
Stock Market Shrugs Off Trade War Fears, But Will It Go Higher
Wednesday's trading session was overall bullish, as the main stock market indexes closed between -0.3% and +0.3% vs. their Tuesday's closing prices following much lower opening in reaction to Gary Cohn's resignation's news. The S&P 500 index closed virtually flat after bouncing off support level at 2,700. It currently trades around 5% below January 26 record high of 2,872.87. The Dow Jones Industrial Average lost 0.3%, and the technology Nasdaq Composite gained 0.3% on Wednesday.Technical outloo
Friday, March 9, 2018
Przemyslaw Radomski CFA - SunshineProfits
$10 Move in Crude Oil in Just 1 Month Impossible vs. “I’m Possible”
Sounds crazy, right? But from time to time crazy is something that does indeed take place, and these are the times when the prepared are much more profitable than those who were caught with their guard down. There is one analogy that points to the possibility of seeing such a big move in the price of crude oil. What if? Yesterday, the U.S. Energy Information Administration showed that crude oil inventories rose less than analysts had forecast. Was that a bullish news? In our opinion, absolutely
Friday, March 9, 2018
Rick Ackerman
Smoot Hawley Back With a Vengeance
Index futures have plunged Tuesday night on news that Gary Cohn, Trump’s top economic adviser, is resigning. The selloff has brought the E-Mini futures down to within an inch of triggering a ‘mechanical’ buy I’d flagged at 2687.00. Ordinarily I’d say jump on it using the precautions I’d advised to set up a low-risk entry point.  After all, who the heck is Gary Cohn, anyway?  I could not have answered that question myself until an hour ago, and that’s why “buying the news” would seem to be a no-b
Thursday, March 8, 2018
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