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GOLDSILVER

SLV Silver Trends with Gold RatioWhich trend can you follow "Daily" Price sometimes moves independently from 'time'. Look at trends and mark those in "Renko" bricks. Then use your candle charts to trade interday moves knowing the TREND! Watch the Gold/Silver ratio TRADING GUIDE use DAILY trends to plan buy/sell orders... GOLD-SILVER RATIO TREND GOLD AND SILVER TREND SIGNAL Gold-Silver Ratio Uptrend Gold and silver in Uptrend Buy Gold (this was the trend...) Gold-Silver Ratio Uptrend Gold and Silver in Downtrend Sell Silver (this may not happen in 2020?) Gold-Silver Ratio Downtrend Gold and Silver in Uptrend Buy Silver (we are here ...usually) Gold-Silver Ratio Downtrend Gold and Silver in Downtrend Sell Gold (add to positions if a short "pullback")
AMEX:SLVLong
by egillis214
Gold-Silver-Ratio - Silver undervaluedI find the current overvaluation of gold compared to silver very exciting. As you can see on the chart, the XAUXAG's ratio style rebounded at the upper falling resistance level in April (82.58 to 1) and is now heading back to the bottom for the next few years before ending in an overvaluation phase of silver. A first goal is the ratio of gold to silver from 50 to 1 as indicated by the arrows in the chart and is the 61,8% correction of 2011 low and 2016 high. Important: This does not mean that silver-has to go through the roof, for example, it would be enough if gold-falls and the price of silver-remains constant. Therefore, for all precious metal fans, a switch from gold to silver is currently interesting, because-currently I can still exchange 77 to 1, later perhaps only 50 gold shares to 1 silver share or even worse. The chance risk ratio is at interesting 4.5 to 1 when the stop loss is set to the last April high. On the other hand, then silver-producers would be interesting. For example, ImpactSilver (88% SilverProduction) or Golden Arrow Resources (72%) or First Majestic Silver (63%) or Endeavor-Silver (60%) or Silvercorp Metals (57%) or SilverCrest (52%) or Fortuna-Silver-Mines (51%). These would accordingly be the "natural" leverage instruments with rising silver prices. Let's see if I will do separate analyzes on these values. Greetings from Hannover Stefan Bode If you liked it then agree, share and also comment on what is good or can be improved.
OANDA:XAUXAGShort
by StefanBode
GOLD/SILVER ratio in the Subprime and COVID crisesI don't know how many of you speculate on the Gold/ Silver ratio but I do. And I have come across an interesting pattern in 2008 during the Subprime Mortgage Crises that may be repeated now during the COVID crisis. As you see on the chart, the LMACD is the key indicator on it, and it has topped at 0.069. At the same time the price action is very similar with 2008 as the March spike got sold aggressively and is declining towards the 1M MA20 and MA50. A break below may lead to a 2008-like -60% drop in total. Do you think a potential upcoming global recession can repeat this pattern? ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. **
TVC:GOLDSILVER
by TradingShot
5
SILVER OUTPERFORMS in last 2 monthsThanks for viewing. This is a wee update on an older post. What has changed recently? - I amended my label for the upper range from "sell gold and buy silver" to "hold gold and buy silver" for a couple of reasons; 1. I hold gold mainly as a hedge against local currency and USD devaluation generally and also increasingly in light of increasingly obviously un-serviceable levels of sovereign debt / quantitative easing that started September 2019. Also 2. Because now that I have some gold, I will be unlikely to part with it just because its price is up in fiat currency terms. You don't cancel your insurance policy when times are good, neither will I sell my gold for a fiat profit. 3. These things are really hard to time and the most important factor; general loss of faith in paper assets will likely result in a significant re-pricing of gold (and silver) to much higher levels (I likely won't sell either if gold goes up 200- 400% but will reduce or stop regular purchases). While I am a big believer in silver, as borne out over the past 2 months (although there was a spike in premiums while the silver futures price dipped - which made 'buying the dip' difficult) I do not want to be a long-term holder of silver - given how volatile it is and the greater storage costs. So, silver I will sell when the G/S ratio hits some key levels. - The economies throughout the world are in significant turmoil, a lot of mines are shuttered still (the North and South American silver miners seem in for a long-haul). Seeing as silver is primarily an industrial metal, I have been impressed with is relative performance of late. It seems that silver demand has been brought forward and is, at least, counter-acting what may be lower industrial demand. As gold hangs out between USD1650-1750 it is quite possible that a significant portion of investment demand has turned away from gold and towards silver as people may "see" more upside for silver as well as possibly more value for money. Protect those funds everyone
TVC:GOLDSILVERShort
by flyinkiwi10
1
XAG Showing Promise Into New Week Of Silver TradingSilver Overview Silver broke north as depicted in my previous silver post to close for the week at the 16.6 level which sees the major swing low. A level reflected before the drop a lot of markets encountered in March 2020. This is to be acknowledged, as the Bulls need to contend with these prior price points. The bears will be defensive preventing the bulls to execute freely for more northerly P action. Area of Interest Support Zone 1 may come into play at market open on Monday and price action on the lower timeframes may slither along the trend line depicted on the daily charts. If the Bulls open at current levels and push higher closing positive on the daily then XAG will position itself well to potentially rise to $17 -17.5. P action will be contenting with the prior price points from Aug 2019 in that case. A break of support 1 may see the bears drive the price back to support zone 2 above the prior consolidation that started since the April. (See Below Support & Resistance zones for more info) Overall Silver has had a strong week and lets see if it can continue the run and momentum to the upside this week. 📈Support & Resistance📉* Support Levels 1st Support Zone: 16.48079 2nd Support Zone: 15.85826 3rd Support Zone: 15.54766 Resistance Levels: 1st Resistance Zone: 16.83701 2nd Resistance Zone: 17.20388 3rd Resistance Zone: 17.48440 Price Level Consideration All Time High Half Way Point: 960.480 Prominent High: 18.94754 Prominent Low: 11.60858 🐃 Bulls Verse Bears 🐻 🐃 Bullish above: 17.63366 🐻 Bearish below: BEARISH at the moment Monthly & Weekly Opens Monthly Open: 14.96137 Weekly Open: 15.46634 (Monday open will change this)
OANDA:XAGUSD
by LandenInternational
DOW/ Silver Ratio - Silver Set to Outperform? - Levels to WatchSilver has been very unloved of late, but if the DOW/ Silver ratio is any guide, then we very well may see a period of out performance quite soon. Provided we see some key levels taken out. Metric #1: Trendline Analyis Monthly: Basic Trendline Analysis First off let's use some basic trendline analysis, right from the outset we can see the initial move leading up to the 2000 tech peak, followed by the crash and subsequent precious metals run. The market then reversed at 2013 until today... BUT We are very close to the lower trendline and should we break below, then this would be a very bullish sign for Silver. Monthly: Potential Bull Flag That being said, the current patterns can also be interpreted in another light, because there is also a rather clear potential bull flag, so we will need to see which pattern prevails, the underlying trend is up and a bull flag is bullish, so the likely break would be up, but the global lockdowns may very well have weakened the underlying trend. Metric #2: Volatility Stop Monthly: Volatility Stop The other level to watch is the monthly volatility stop, which is still clearly bullish, but again, should we see a break below and a move from green to red, then this would be a very clear sign of a deteriorating trend. Metric #3: Moving Averages Monthly: Moving Averages The series of moving averages, from 3 to 50, are also a great indicator of trend strength. Should we see a cross of the moving averages then this would also be a great indicator of trend deterioration. Final Note: Gold I also want to contrast with Gold, given that Silver tends to lag the yellow metal. Monthly: Gold Trendlines Monthly: Gold Volatility Stop Monthly: Moving Averages Clearly Gold is in the phase of out performance to the DOW... and if Silver lags Gold, then i believe that we can see similar out performance for Silver in the not-too-distant future.
DJ:DJIShort
by Profit_Link
Prepare to Buy the Dips in Gold & Gold StocksKirkland Lake is down 40% from gold's September high of 1550 yet Gold is pushing $1700. Its down 18% from the market meltdown. I suspect this means that if gold gets sold in the coming crash that the dip in gold and gold mining stocks will be limited not extended. It won't be like 2008. A 60% correction from September's high puts Kirkland at $20/share. I will be buying that if we even get that low. If we get lower than that consider it a blessing. Kirkland has some really amazing All-In-Sustaining-Costs to getting gold out of the ground. $2000 - $3000 gold will be incredible for Kirkland lake.
KLong
by Ludwig_Von_Mises
1
Gold/ Silver Ratio - Historic First - 115 : 1The gold silver ratio (GSR) has set a new 100 year record, with the value of 1 ounce of gold exceeding over 115 ounces of silver. I would suspect that the drop in silver is largely due to the global slowdown that we are currently facing from the Coronavirus, as silver is predominantly an industrial metal, given that this slowdown is far from over then the logical conclusion would be that silver's move to the downside is not yet over. This means that despite the GSR being in excess of 115, then higher levels are entirely possible, and are in fact likely. This comes on the back of silver making intraday lows, below that of the 2015 lows around $13.65, with silver touching $12.70, this means that we could be seeing silver in the single digits in the not-too-distant future, particularly if the global lock-downs continue. That being said, we are likely to see some enthusiastic buying at these levels from precious metals investors, particularly with the GSR at these levels. So a bounce is possible, although i do see lower nominal silver prices going forward, the GSR however, may not display the same one sided move. Sources: www.macrotrends.net
COMEX:GC1!Short
by Profit_Link
2
What is going on with GOLD?Thanks for viewing, I labelled this as "long" despite some as yet unexplained steep price reductions in the short to medium term. I did that because I saw that price drops were coming but that was just a signal to add to purchases, as opposed to sell. Why do I expect price drops in the short to medium term? 1. Elliot Wave seems to indicate the ending of wave (3) up, it is always hard to be sure, but anyone can see the three sections of price advance (and two declines) in the last two years, 2. There was rather evident bearish RSI divergence (higher price highs vs lower highs on the RSI) that emerged even before this last weeks price drop - indicating a loss of momentum, 3. A couple of rejections in a row from the USD1700 level, 4. Gold appears to be "overbought" on your technical indicator of choice (and it is hard to afford at the moment - many people will be waiting for a pull-back before buying - many many others can't or won't wait however. 5. Just look back a few years, the same thing happened in 2008, there was a steep decline in the price of gold during the last recession (it still gained 23% over the duration of the recession) because the same circumstances applied - some people were forced to sell due to circumstances - the rest had the ability to hold and also clearly saw the writing on the wall). Why do I remain long? 1. Let me count the ways. a.It is the perfect investment vehicle for the moment (uncertainty, money markets, debt markets and supply chains freezing up (bullion cannot get through either)), b.record levels of open market operations announced by the US fed in the past week (otherwise their 30 year bond issue was going to possibly fail to find sufficient buyers - this should be a major salient red flag: the largest, supposedly most credit-worthy country in the world, was a few minutes (about 20 minutes I think) from having a sovereign bond issuance fail to find sufficient buyers if they didn't announce a new round of quantitative easing), c. negative real fixed interest yields and the increasing possibility of negative nominal yields (this has changed very quickly from yield increases even mid last year) which mean that the "negative carry" aspect of gold (storage fees and no interest income) is less and less of a factor, d. If you take inflation into account (let alone the comparably much larger increases in the money supply) gold is still significantly undervalue in real terms - yet $1600 sounds like a lot for just over 31grams of gold but not when you consider how worthless the currency has been made and will continue to become. There is a possibility of gold going geometric a la Venezuela, Argentina, Weimar Germany etc etc - some truly unimaginable gold prices are possible. If gold 'appreciates' to account for the money supply (as it has done before in times of crisis) a doubling or even tripling in the price of gold may be a low-side estimate youtu.be If gold had to go to 18,000/oz in 2018 to account for the money supply - imagine what it will have to go to after the printing presses really get going., e. I am not an economist by any means but I suspect that we have more in common with Weimar Germany than most realise - inflation is somewhere in the pipeline - but first massive MONEY PRINTING to "solve" all our problems, f. In the developing country I live in gold has been setting new all time highs again and again (it waited one whole year after the USD 2011 ATH to set new highs in local currency terms) when you have a weak currency the best time to buy gold is always "right now." Gold isn't gaining in value so much as your currency is depreciating in real purchasing power (which is happening to a lesser degree in the US), g. After reading Ray Dalio's free e-book about big debt crises I was to hear that 'credit spreads were widening' indicating that credit markets were only now reappraising the previously under-appreciated risks of BBB, BB, and B grades of Corporate Debt. Well I hear that a lot now - Last I heard credit spreads for (non-investment grade) BB debt are 815 basis points (8.15%pa above Treasury yields) which is a "very significant and rapid re-pricing in high yield debt youtu.be But significant credit rating downgrades from BBB (lowest investment grade) to BB aren't expected to be significant according to JP Morgan's Jim Casey - feel better? It doesn't make me feel better. The major driver in the US equity markets has been leveraged corporate buy-backs and any buy-backs from the last 12 -18 months are underwater while costing interest - at a minimum this will cause some pressure on Corporate finances and executives, h. I heard this last week; gold is unsurance (insurance when you "are unsure what is going to happen, i. gold IS money, j. I wanted to diversity out of fiat currency as massive stimulus efforts by central banks will devalue all major currencies (maybe not much in relative terms - but in overall terms), k. Gold demand set new records in 2019 and gold demand has ALREADY surpassed 50% of the 2019 demand - 2020 is on track to DOUBLE gold demand (this sort of thing is never predicted in advance - and hasn't been) - I read this on investing.com I think but haven't got a link for you, l. Gold is valued in every culture all over the world and has been for thousands of years, I am sure there are more reasons but I have things to do. But before I go, I just wanted to mention a predicted, predictable issue with sourcing gold and silver bullion. Yesterday, my bullion dealer significantly raised premiums. The premiums on items I regularly buy were raised from 5% to almost 35% in the course of a day. Right now we have futures prices that have become disconnected from the price of physical bullion. Why? Record demand along with supply chain problems - reportedly "several months" to restock supply minted in China. As Mike Maloney likes to say; buy silver now before it becomes unobtanium and unaffordium youtu.be He often recounts large time periods during the last major bull-run where silver couldn't be sourced (for any price) and even gold could only be sourced in a minimum of 1kg bars and had zero supply at all for a few days. He also mentioned that premiums went through the roof at those times - so the historical spot prices don't paint the picture. I believe the next few months might even be the last realistic chance to accumulate gold at reasonably affordable levels. Stay safe everyone.
TVC:GOLDLong
by flyinkiwi10
2
Gold-Gold Miners-DXY-Fed Funds-Monetary Base All CorrelatingThis is the Gold Miners Index to DXY ratio. This feels likes 2001 or 2009. Gold is correlating with Fed Funds, the monetary base, and the DXY like its 2009 and 2001. Gold stocks are priced like its 2009. Since 2019 we have seen the Fed Funds Rate free fall, since September 2019 we have seen the monetary base expand past the low set in December 2016, same with the Fed's balance sheet. We have seen the Fed Rate continue to fall now down to 1.00-1.25. And since September we've seen gold continue to make new highs, the US dollar / DXY break through critical support. We've also seen gold and gold stocks breakout against US indices. Could this be the beginning of the next bull run? Could this be the run we started in 2009 and prematurely ended in 2011? If so, hold on to your seat because we're just getting started here. Look for Gold Miners (XAU) to DXY ratio to start surging as the mining sector plays catch up to gold and as the Fed Funds rate continues to plummet and the balance sheet / monetary base continue to grow. What's interesting is the gold tends to fall when the monetary base falls. But gold has tended to rise when the monetary base moves sideways. It seems like without Fed intervention the monetary base is shrinking and the only way to keep asset prices propped up is to keep expanding the base. This means gold could be on the cusp of an incredible move without much downside even with the prospects of a broad market crash remaining fairly high.
TVC:XAULong
by Ludwig_Von_Mises
DOW GOLD RATIO - Key BreakdownWe may have just seen a key breakdown in the Dow/ Gold Ratio. This would signal that the period of sustained out performance of stocks over gold, and indeed precious metals as a whole may be nearing an end. As you can see on the left hand chart, a monthly cross of the 10 and the 50 moving averages was a strong tell that the trend had reversed, interestingly, this cross occurred several years after the peak in stocks. We may be about to witness a similar signal today, this is predicated on the cross taking place, of course. in the more immediate future, i would hazard a guess that stocks will stage a strong short covering rally, before petering out, unless there is news related to either progress on containing the Coronavirus or on global CBs mounting an even more desperate attempt to prevent the deflation that is bound to stem from the virus' impact on global supply chains. That being said, free money will not produce more goods or services, and will most likely signal higher than anticipated inflation in the future, particularly once the virus is contained, more than likely driving gold higher on more traditional inflation fears. To the right we can see a weekly chart, highlighting the severe technical damage that has been done, with the ratio below the 200 weekly moving average. All of this with a backdrop of the gold silver ratio hitting over 100 in the last day or two, makes for quite a bullish environment for precious metals and a rather bleak outlook for equities.
DJ:DJIShort
by Profit_Link