Category Archives: Precious Metals

China’s futures traders drove a remarkable $400 surge in gold prices this past spring, and now they are positioned to … Continue reading →

The presidential election is on November 5th, and radical economic promises abound. The very next day, the Fed will meet to decide on more interest rate cuts. Gold and silver are holding all-time highs. With all these factors and more, after Halloween, we will see just how spooky things can get for the US economy. Continue reading →

This week, we’ll look at a few ratio charts of silver vs some major US stock indexes to see just how inexpensive silver remains against equities. The first chart of Silver/NASDAQ shows price as having traded within a channel going back to the 1980s. There are a couple fascinating elements to the chart: first, the resistance line of the 80s and 90s that eventually gave way to silver’s secular bull of the 2000’s appears to have cloned itself beginning in 2011.  Continue reading →

Image Source: Pixabay Gold has just hit a new all-time high. Is this an underlying trend or a passing phase? … Continue reading →

From solar panels to electric vehicles, silver is at the heart of groundbreaking innovations in clean energy. Discover how this … Continue reading →

For those uninitiated in finance, a “short squeeze” refers to a situation where an individual or legal entity sells an asset in the future without owning it first, in the hope of buying it back later at a lower price in order to make a profit. However, if the price of this asset increases instead of falling as expected, this individual or legal entity is forced to buy it quickly to honor the delivery of their forward sale. This hasty buying movement then contributes to accentuating the rise in prices.  Continue reading →

(Bloomberg) — Gold demand in China — the world’s biggest consumer — plunged by more than a fifth in the … Continue reading →

The current setup on the silver chart is a lot like the start of the silver bull market of the early 2000s. In those days silver was under $5 and considered cheap.

The current bottoming pattern from around 2014 to now is very similar to the early 2000s bottoming pattern (see the chart below).I have highlighted two similar patterns (marked 1 to 5).The bottoming period of the early 2000s started when silver broke down at the black support line (bottom of the channel) in late 2000 and made a low at point 5. This is similar to the period since the breakdown at the blue support line (bottom of the channel) in late 2014, eventually making a low in 2020.

I have indicated how the current chart position is similar to late 2003, when prices were still around $5. Late 2003 was still very early in the bull market, an excellent time to buy. Buying at the current levels presents equally great value, given the significant inflation since 2003.

This is especially true given that silver prices is expected to catch up with the significant debt inflation, as explained here.

Price will probably soon move back inside the channel just like it did in December 2003 and stay above that blue line for the rest of the bull market.

So while the silver price is still well below that blue line, it is really cheap.

Warm regardsHubert Moolman

For more of this kind of analysis, subscribe to my Premium Service. I also have a Silver Fractal Analysis Report that provides more insight regarding silver market.
Hubert Moolman is an independent gold and silver analyst who specializes in fractal analysis and the fundamentals of gold and silver . Hubert is the owner of HGM and Associates and HGM Research. Hubert’s work is regularly published in the premier gold and silver publications such as: Kitco.com, GoldSeek.com, SilverSeek.com, Mineweb.com, Resourceinvestor.com, Seekingalpha.com and many more.

Investment Research Services – Gold and Silver Research

HGM Research provides a world-class research service, covering the Gold and Silver markets, JSE Gold Miners, HUI and other selected markets. We offer a free newsletter as well as a premium (pay per article service) covering the above financial markets. We are known for our proprietary Fractal Chart Analysis. Our Fractal Analysis helps us to identify great investment opportunities. We would also consider requests for research, covering specific companies traded on a public listed exchange or research of specific global or local indices.

http://hubertmoolman.wordpress.com Continue reading →

China’s gold consumption witnessed a significant decline in the first nine months of 2024, dropping 11.18% to 741.732 metric tons compared to the same period last year, according to the China Gold Association. The decrease primarily stems from reduced jewelry purchases as record-high prices deterred buyers in the world’s largest gold market. Continue reading →

Saxo Head of Commodity Strategy Ole Hansen said in a note released Tuesday that precious metals outperforming through October could be a result of worries surrounding government spending if a single party were to gain control of both the White House and Congress. Continue reading →

Although we are seeing a sharp price pullback this morning, gold and silver remain on bullish footing, especially after a notable 12-year breakout in silver over the past four trading days.

Analyst Jesse Colombo meticulously explains in his recent article posted at MoneyMetals.com why he believes a silver squeeze has only just begun – and he boldly suggests the white metal could even run all the way up to $50 per ounce within a few months.

Meanwhile, Money Metals gold sleuth Jan Nieuwenhuijs just uncovered some remarkable data that proves these recent rallies in gold were caused by new demand in the West. For more than two years previously, it had been Asian demand that fueled gold price advances.

This shift is highly significant because investors in the West have scant holdings of gold at present, but they have high potential buying power.

Be sure to check out Jan’s compelling charts and graphs. A picture is worth a thousand words!

Meanwhile, U.S. retail demand for coins, bars, and rounds has picked up – but so has selling by long-time holders. Continue reading →

Since the creation of the Federal Reserve, the Dow Jones has significantly outperformed silver.

It was only during brief periods before the 1919 and 1980 silver peaks that silver was able to outperform the Dow (see the Dow/Silver chart below).

The Dow/Silver ratio needs to rise above the double blue line in order to reach parity with the Dow since the creation of the Federal Reserve. In current prices, that would mean silver’s price needs to be above $340.

In the chart above, there are two similar patterns, both starting near an interest rate peak (1920 and 1981). I have marked both the patterns (a,b,c).

Both patterns appear to bottom very close to a Dow/Gold peak. This was recently pointed out as a sign of a coming multi-year silver rally. Point c was the key breakout point that occurred in 1973. If the comparison is valid, then the current pattern is also at point c.

It is also interesting that point c was close after the key debasement events shown on my silver and gold chart analysis.

It is after point c that the ratio made a move towards the double blue line (and beyond) in the 1970s. It is very likely that silver will outperform the Dow for at least the coming decade and possibly make new highs for the Dow/Silver ratio.

Warm regards,

Hubert Moolman

For more of this kind of analysis, subscribe to my Premium Service. I also have a Silver Fractal Analysis Report that provides more insight regarding silver market.
Hubert Moolman is an independent gold and silver analyst who specializes in fractal analysis and the fundamentals of gold and silver . Hubert is the owner of HGM and Associates and HGM Research. Hubert’s work is regularly published in the premier gold and silver publications such as: Kitco.com, GoldSeek.com, SilverSeek.com, Mineweb.com, Resourceinvestor.com, Seekingalpha.com and many more.

Investment Research Services – Gold and Silver Research

HGM Research provides a world-class research service, covering the Gold and Silver markets, JSE Gold Miners, HUI and other selected markets. We offer a free newsletter as well as a premium (pay per article service) covering the above financial markets. We are known for our proprietary Fractal Chart Analysis. Our Fractal Analysis helps us to identify great investment opportunities. We would also consider requests for research, covering specific companies traded on a public listed exchange or research of specific global or local indices.

http://hubertmoolman.wordpress.com Continue reading →