Tag Archive: buying opportunity

Opportunity Knocks

The gold market has been on the defensive in recent weeks, and the selling pressure has remained fairly constant. In another recent post, the idea of a “bearish extreme” was discussed, as it is oftentimes a good time to buy when the rest of the world is selling. Eventually, that selling becomes exhausted, as there may simply be no one left to sell after long periods of declines. A very good potential clue that the market may be reaching- or perhaps has already reached-such a... Continue Reading

Category |

Has the Towel Been Thrown In?

The Federal Reserve finally took action on Wednesday, raising the Fed Funds rate by 25 basis points. This move by the central bank did not take markets by surprise, quite the contrary, it had been expected for some time now. What did come as a minor surprise, however, was the Fed adding a third interest rate hike to their dot-plot for 2017. This possibility of an additional interest rate hike next year drove some selling in multiple markets, including not only gold and silver but... Continue Reading

Keeping Powder Dry for Times like This

A recent article on CNBC.com was titled:  “Gold suffering second-worst quarter in 18 years, as all goes awry for the metal.” The article goes on to state that “Gold has slumped nearly 12 percent in the fourth quarter, suffering its second-worst quarter in 18 years as a host of catalysts pummel the yellow metal.” Sounds bullish to us… Let’s also not forget that as of right now, gold is still up for the year. Gold has not been able to get much going to the... Continue Reading

Massive Demand for Gold Coins

The U.S. Mint on Tuesday reportedly sold out of 2016 American Eagle one ounce, quarter ounce and one-tenth ounce gold coins. According to a report featured on Kitco.com, the mint’s data points to sales of 984,500 ounces of gold in various denominations of American Eagle coins had been sold year-to-date. This represents the highest level since 2011, when one million ounces in coin form were sold. According to the same article, the mint reported November as being the busiest month for sales, with total sales... Continue Reading

Category |

Heavy Redemptions Show It’s Time to Buy

The herd mentality can be defined as the influence wielded by your peers when it comes to your behavior. In other words, it means that people can have a tendency to do something simply because “other people are doing it.” The recent selling in “paper” gold could be a great example of the herd mentality at work. According to at least one report, gold ETF GLD saw outflows of over $2 billion in the month of November. SPDR Gold Shares recently reportedly provided reserve data... Continue Reading

Think Twice Before Selling, Or Three, Four or Five Times…

The gold and silver markets have been beaten up recently since the surprise Presidential election victory of Donald Trump. With higher stocks, strong risk appetite and a higher dollar index, precious metals investors have had little to cheer about in recent weeks. Some investors may even be considering selling their gold or silver holdings in light of recent market weakness. In our view, this is not only a big mistake, but is the exact opposite of what you should be doing. There are a number... Continue Reading

Category |

Please Go Lower

We really hope that gold and silver prices continue to decline. Let’s say that again: We really hope that gold and silver prices continue to decline. Right now you may be a bit confused. Let us explain: We believe in the long-term potential of gold and silver. In our view, gold at $10,000 per ounce or silver at $250 per ounce would come as no surprise. Not only do we believe in such price potential for these precious metals, but -more importantly- we believe in... Continue Reading

Category |

In Chaos Comes Opportunity

The Donald Trump rally marches on…The Dow Jones, S&P 500 and the Nasdaq have all hit new record highs, and for the time being the party looks like it is set to continue. Risk appetite has been on the rise, and interest rates have also been climbing. Even the dollar has gotten involved, and is trading at its highest levels since the early 2000s. There is no telling just how far stocks could climb from current levels. Could the Dow see 20,000 in the next... Continue Reading

Where Are The Bulls?

Gold and silver came under some serious selling pressure last week and thus far have not mounted a comeback. In our view, this is not a bad thing as it provides investors the opportunity to buy silver at sub-$18 per ounce levels. In our view, gold also represents an excellent long-term value at current levels for the patient investor. For those who might be questioning what could be the next big catalyst for gold, especially since interest rates are set to rise before the end... Continue Reading