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Gold & Precious Metals

Fiat On Fire: Key Investor Tactics

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Posted by Stewart Thomson - Graceland Updates

on Tuesday, 19 December 2017 06:00

2017dec19gold1

Dec 19, 2017

  1. Are government, central banks, and fiat money the three biggest bubbles in the history of the world? I would suggest they are. 
  2. The rise of private money (bitcoin) combined with the rise of China and India as economic empires is popping these bubbles. Against bitcoin, fiat is now burning like an out of control wildfire. 
  3. Within a year or two, it could begin disintegrating against gold in a somewhat similar manner. Whether that happens or not depends on whether a blockchain currency backed with gold gets widely accepted in the blockchain community. I predict that it likely happens.
  4. Simply put, fiat is a barbaric relic and the younger generation isn’t interested in relics. There are almost three billion citizens in China and India. Many of them are obsessed with gold, and almost all of them respect it as the ultimate asset.
  5. There are about 600 million Indian citizens under the age of 35. They are now getting a taste of private money with bitcoin, and they like it! Blockchain is newer than fiat. It’s technologically superior. Fiat is like a rotary phone, and millennials want to trade up for the newest Iphone. In the currency world, that’s blockchain!
  6. Many analysts have noted the strong seasonal tendency for gold to rise from late December or early January until mid-February.
  7. To understand why that happens, please  click here now. About 65% of all gold demand comes from China and India, and that demand increases exponentially with income growth. Incomes are growing, so Chinese New Year gold price rallies are intensifying.
  8. The rally begins as Chinese New Year buying begins. It ends when that buying ends, which is in mid-February for 2018.
  9. Note that China’s businesses (including gold shops) close for a week as the celebrations end. Commercial traders on the COMEX tend to buy long positions in gold ahead of Chinese New Year (now), and then short it as the demand begins to peak.
  10. A huge number of savvy Indian investors will also buy gold ahead of Chinese New Year to get in on the action. The price premium in India tends to rise as that happens. 
  11. It’s risen to above 12% in the past few weeks.
  12. Please  click here now. Double-click to enlarge this daily gold chart. Chinese New Year celebratory buying should see the price easily reach my $1310 area target. 
  13. The bull wedge pattern looks fabulous. The current $1265 area supply zone is likely just a short term pitstop on the way to prices well above $1300 by mid-February.
  14. Top analysts at Goldman Sachs are predicting a rise in Indian GDP growth to 8% for 2018. That should be occurring as the Indian gold market restructuring gets completed. In India, as incomes grow, gold demand increases even more exponentially than it does in China. 
  15. I’ve talked about the importance of getting more global rate hikes to boost inflation and commodity prices in the late stage of the business cycle. Gold stocks can’t really perform well relative to bullion if that doesn’t happen.
  16. On that note, please  click here now. Goldman analysts clearly agree with my take on the situation for 2018, and a lot of powerful institutional money managers rely on Goldman’s analysis.
  17. It should be a great year for commodities in 2018. As the commodities rally, I’m predicting that new ICOs (initial blockchain coin offerings) will occur, featuring coins that are linked to various commodities. 
  18. If this happens, it could add intensity to the general commodity price rally.
  19. Please  click here now. All investor eyes should be on key 200 number for the CRB commodity index. There’s a base pattern in play, and a move above 200 would be a major breakout.
  20. This base pattern is in sync with the fundamentals. There was a big move higher during the late stages of the last business cycle in 2008. That was a speculative move and OTC derivative bets were rampant.
  21. This move higher in commodities should be steadier and continue for a long time. Twenty years of deflation have ended, and a long term upcycle for inflation is beginning.
  22. Please  click here now. Double-click to enlarge this solid looking GDX chart. GDX should be able to reach my $25 - $26 short term target zone by mid-February.
  23. Note the nice inverse head and shoulders bottom pattern in play, with the head forming in a big support area near $21.
  24. More importantly, I expect that as the CRB index moves towards 240 – 280, that should trigger enough inflation-oriented institutional buying of gold stocks to send GDX into my medium term $31 - $37 target area. Are all gold bugs taking their seats on the inflationary train? I hope so, because it’s pulling out of the station very soon. All aboard! 

Thanks! 

Cheers
st

Dec 19, 2017
Stewart Thomson  
Graceland Updates
website: www.gracelandupdates.com



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Gold & Precious Metals

Gold Prices This Week & Next Weeks Lookout

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Posted by Gary Tanashian - NFTRH

on Monday, 18 December 2017 06:29

For the last couple of weeks we have been tracking improving gold and silver Commitments of Traders (CoT) data, noting that a seasonal low (on historical average) is in the offing and also ongoing tax loss selling as reasons to expect a bounce or even a significant rally in precious metals sector.

Last week the CoT played ball as it slammed to a bullish alignment in both metals. This was especially so in silver, which is the metal that would lead a sector rally. We saw significant Commercial short covering and large Speculative long capitulation in silver.

For a more dramatic look at the quick snapback to a bullish orientation in the would-be leader, let’s use this graphic from snalaska.com:

gt121717-1

....for more analysis and charts go HERE



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Gold & Precious Metals

Gold Stocks Blastoff In Play

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Posted by Morris Hubbartt - Super Force Signals

on Friday, 15 December 2017 06:29

Today's videos and charts (double click to enlarge):
 

SFS Key Charts & Video Update

d1


SF60 Key Charts & Video Update


SF Juniors Key Charts & Video Analysis


SF Trader Time Key Charts & Video Analysis


Thanks,

Morris

Stay alert for our surge signals, sent by email to subscribers, for both the daily charts on Super Force Signals at www.superforcesignals.com and for the 60 minute charts at www.superforce60.com



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Gold & Precious Metals

Gold & Crypto Destroy Fiat

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Posted by Stewart Thomson - Graceland Updates

on Wednesday, 13 December 2017 07:11

Dec 12, 2017

  1. Please  click here now. I’ve predicted that a long period of deflation in the Western world would end with a Fed taper, rate hikes and quantitative tightening.
  2. That’s clearly in play now, and the deregulation of America’s thousands of small banks is perhaps the most exciting event taking place on this new “inflationary frontier”. Because of these powerful monetary trends, I’ve predicted big problems ahead for Wall Street and somewhat better times for Main Street.
  3. Having said, that, I think investors would be making a major mistake to assume America is going to experience any kind of fabulous rebirth and relive an economic growth era like the 1950s, let alone the Golden Age of the 1880s. 
  4. The country now sports some of the worst demographics on the planet with horrific debt levels that are still growing under a president who is a spectacularly successful businessman. 
  5. What happens when President Businessman is replaced with President Socialist? Some sort of currency revaluation endgame is what happens. The problems of America and most of the Western world are not going to be solved with pump-up speeches, sporadic tax cuts, and insane “good guys versus bad guys” wars. 
  6. American GDP growth is going to continue to wallow at low levels while China and India blast into what I call the “bull era” at very high velocity.
  7. Global investors need to make themselves great, and the blockchain/crypto asset class is one way to do it with style. I view blockchain as a sub-sector of the gold asset class. Importantly, blockchain trading is set to become more regulated very quickly.
  8. Promoting regulation that doesn’t interfere with a market’s price discovery process appears to be a key goal of the Trump administration. It looks like new bitcoin regulation will be focused mainly on specific criminal schemes. That won’t stop the great upside price action taking place now on the legitimate exchanges.
  9. Institutional-grade trading of the cryptos is already beginning to happen, as demonstrated with the superb launch of fully regulated bitcoin futures on Sunday night. 
  10. The launch proved that institutional money managers view the $16,000 price area as solid. 
  11. My long term price target is two million US dollars per bitcoin. At www.gublockchain.com I analyse the main cryptos that are ready for serious upside action. A week ago, I highlighted key currency Litecoin at $100 for the gold community, issued a $1200 target, and showed potential subscribers a solid-looking chart. 
  12. To view that chart, please  click here now. Double-click to enlarge. To view the updated price action since then, please  click here now. Double-click to enlarge.


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Gold & Precious Metals

The Dow Gold Ratio

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Posted by Rambus Chartology

on Monday, 11 December 2017 06:01

This next set of ratio charts I consider to be the most important ratio charts if you are deciding whether to be an investor in the INDU or in Gold.

When the price is rising The INDU ( Dow Jones Industrial Average ) (a proxy for General Stock Markets) is rising against Gold , and when it is falling Gold is rising against the Dow.

This first ratio chart for the INDU:Gold is a daily look which shows the ratio breaking out above the top rail of a bullish rising flag with a completed backtest. It doesn’t look that impressive on a daily chart, but when we look at the longer term ratio chart it becomes very important.

dowgold

Below is a long term 10 year weekly chart which shows a massive H&S bottom on the ratio chart on top and a possible massive H&S top on gold on the bottom chart. Note  how the blue bullish rising flag formed just below the neckline on the ratio chart which has given the ratio chart the energy it needed to finally breakout. I’ve been showing this ratio combo chart for a long time now so the breakout above the neckline is falling into place.



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