Tag Archives: silver

Look For The Silver Lining: Silver Swan Ready For Takeoff

Look For The Silver Lining: Silver Swan Ready For Takeoff
After QE2 silver soared from $18 to close to $50 outpacing other commodities. If QE3 is carried out, silver could experience a similar type of move. In such an event, the specter of inflation may trigger silver’s rapid ascent into new all time highs. We regard silver as a long term holding which may be ready to move into new all time highs past $50 depending in part on the Fed’s next move at Jackson Hole.
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Gold, Silver and The Miners Bottoming While Facebook Is Busting

Gold, Silver and The Miners Bottoming While Facebook Is Busting
Take a look at Groupon, Zynga, LinkedIn, etc. Their vogue will not last forever. Sentiment for the social media sector may be reaching an euphoric extreme, while the mining stocks have fallen into public disfavor. The miners are bottoming at historic low valuations while the initial public offering of Facebook is valued at 100 times trailing earnings. This eerily reminds us of the dot-com bubble in 2000. Recall a company such as “theglobe.com” which made the largest gain in history on the day of its IPO only to be bankrupt two years later. The CEO was also in his twenties. The brokers were able to find myriads of buyers beating at their gates. As the French say, “The more things change, the more they remain the same.”
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Powerful Risk On Rally Benefitting Gold and Silver Explorers In 2012

Those on the sidelines in cash and treasuries, playing risk off are in fact playing a risky game as inflation appears to be the flavor of the day. Look for technical breakouts in gold, silver, copper, uranium and rare earths as they all appear to be reversing higher as the moving averages transition upward. The risk off trade in Treasuries and the U.S. dollar appears to be losing momentum and dangerously teetering on a decline.
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Silver Breaks Downtrend, Junior Miners Outperforming Majors

On January 3, 2012 I wrote to my readers that silver would begin outperforming gold similar to what we saw in 2010. On Friday we saw a major gain in silver of close to 5%, breaking the 50 day moving average for the first time since the Operation Twist decline in September. This was an attempt by the Federal Reserve to manipulate commodity prices lower while artificially inflating U.S. dollars and bonds. It appears that this temporary fix may be reversing to the benefit of undervalued junior miners of both precious and industrial metals.
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Gold and Silver, Oversold and Reaching Long Term Support

Gold’s accelerated move past $1600 to $1900 indicates we were seeing a path similar to December of 2010. After that move gold retreated for two months to the 150 day moving average. Gold Stock Trades indicated an extremely overbought condition not seen since late 2010 and maintained a hold recommendation as gold failed to break $1900. Right now gold and silver are selling at long term support levels, which GST considers to be on discount and a secondary buypoint.
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Precious Metals As Lifeboats In A Sinking Ship

Precious metals represent lifeboats in the midst of what Gold Stock Trades has labeled the “Titanic Syndrome” - the conceit that our financial ship is unsinkable. So have the bubbly ready for the pending announcement of compromise and subterfuge. We may run for awhile, but we will not be able to hide from the coming deluge of 2012.
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