Precious Metals: Gold/Silver Analysts Way Too Bearish!
Ahead of the LBMA (London Bullion Markets Association) Assaying & Refining conference to be held in London on the 8th-10th March, the LBMA announced the submissions from 35 global analysts for their average price forecasts for gold and silver for the year 2015. As can be seen from the above averages taken from all 35 […]Continue reading «Precious Metals: Gold/Silver Analysts Way Too Bearish!»
ANNOUNCEMENT – PART II – VIDEO LAUNCH for Commodities & Currencies!
The latest edition of the Elliott Wave Compass report has just been released and WaveTrack’s long awaited Commodity and Currency video! Learn why Commodities & Currencies (PART II) – Commodity declines of the last few years are now approaching important downside targets that complete 3½+/- year corrective patterns that began in early 2011. Copper, Crude […]Continue reading «ANNOUNCEMENT – PART II – VIDEO LAUNCH for Commodities & Currencies!»
Preparing for a year-end video update!
The year-end is knocking on the door and we are preparing our annual video update of medium/long-term Elliott Wave forecasts for institutional clients and EW-Compass subscribers. Publication release is scheduled over the New Year. We can promise a few surprises this year with some new medium/long-term counts introduced that we haven’t shown in the past. […]Continue reading «Preparing for a year-end video update!»
An Update of Precious Metals & the ‘Inflation-Pop’
Even though bearish precious metal forecasts have dominated the investment scene over the last several months, it was very noticeable that social media interest ‘spiked’ when gold recently broke below the 18-month horizontal lows of 1180.00+/- during the late-October sell-off. The Bank of Japan (BOJ) had just announced the expansion of its quantitative easing programme […]Continue reading «An Update of Precious Metals & the ‘Inflation-Pop’ »
Agnico Eagle Mines: ‘Gold miners are showing a light in a tunnel’
The gold and silver decline that began from the April/Sep. ’11 highs is now more than 3 years in progress. The same can be said about gold miners including our benchmark GDX (ETF) index and some of its major equity components such as Newmont Mining, Goldcorp and Barrick Res. Like the GDX, these too have […]Continue reading «Agnico Eagle Mines: ‘Gold miners are showing a light in a tunnel’»
Precious Metals Forum (Bloomberg)
Bloomberg hosted a Precious Metals Forum on 20th of May and we were invited to present our latest Elliott Wave price-forecasts. Mineweb.com made a proffesional review and we would like to share it: http://www.mineweb.com/mineweb/content/en/mineweb-whats-new?oid=242324&sn=DetailContinue reading «Precious Metals Forum (Bloomberg)»
Silver
A lot of excitement today in the precious metal market since gold and silver are breaking above their 200-day moving average. However, our view remains the same – the larger declines are still in progress with lower lows yet to come. The advances that began in June ’13 depict gold is unfolding into a counter-trend […]Continue reading «Silver»
XAU – Gold/Solver Index
As gold and silver continue their declines from the 2011 highs, the consensus bearish expectations are gradually worsening to extreme levels. Many financial institutions have begun the year by lowering their targets for 2014 whilst the latest batch of sentiment figures indicates very few people are willing to risk investing in this asset class. This […]Continue reading «XAU – Gold/Solver Index»
Gold and Silver Update
Gold and silver has accelerated down since we did the last video update. Our team has prepared an updated video analysis on precious metals which is accesable here on our Youtube channel.Continue reading «Gold and Silver Update»
Silver – probably the biggest opportunity in commodities right now!
A major liquidation sell-order was received by the major bullion houses in early Asian trading that resulted in silver prices staging a sharp decline in early trading Monday having closed last week at 22.40 with prices tumbling to a low at 20.17. The low at 20.17 has ‘spiked’ straight into the downside targets that measured […]Continue reading «Silver – probably the biggest opportunity in commodities right now!»
« go back