By Bob Stokes
5/11/2012 4:45:00 PM
The run-ups in silver and gold since 2008 have many precious metals bulls believing that the pullback in recent months is just temporary. What do we see ahead for these two precious metals? I can say that the charts suggest...
Filed Under: economic depression, Elliott wave, Gold, gold futures, liquidity, market forecasts, platinum futures, recession, silver, silver futures, Traders
Category: Gold and Silver
By Nico Isaac
4/23/2012 5:45:00 PM
“Tank.” “Suffer.” “Battered to a pulp.” -- these are just a few of the colorful media phrases used to describe the recent performance of silver. As of April 23, silver prices were clinging to the rafters of a three-month low. Here’s another word: “Surprise.” Fact is, for many mainstream experts, silver’s downtrend was not in the "fundamental" cards.
Filed Under: Elliott wave, Elliott Wave trading, fundamental analysis, Gold, precious metals, silver, silver futures
Category: Gold and Silver
By Nico Isaac
10/18/2011 3:30:00 PM
For silver, September 2011 was one for the record books. It all started on September 22, when the enduring ascent of silver prices came to a screeching halt. In just 5 days that followed, the metal experienced its sharpest dollar-decline in 32 years, all the while erasing 1/3 of its value. And, judging from Google news archives, silver's rout hit much of the financial mainstream like a cartoon anvil on the head.
Filed Under: silver futures
Category: Gold and Silver
By Vadim Pokhlebkin
9/26/2011 4:00:00 PM
Bear markets are cunning beasts. Don't get me wrong -- we are not in the bear market territory yet. At least, not officially. But look at this chart of the DJIA...
Filed Under: Bear market, debt crisis, deflation, Dow Jones Industrial Average (DJIA), Elliott wave, Elliott Wave trading, Gold, gold futures, inflation, Nasdaq Composite, Robert Prechter, S&P 500, safe haven, silver, silver futures, U.S. dollar
Category: Stocks
By Nico Isaac
9/26/2011 3:45:00 PM
The giant sinkhole in gold prices keeps yawning wider. Since kicking into low-gear on September 22, gold prices have plunged 9% in their steepest three-day drop in 28 years. On September 23, gold endured a never-before-seen $120/day intraday wipeout. EWI's Metals Specialty Service might have some answers for you...
Filed Under: debt crisis, deflation, Elliott wave, Elliott Wave trading, gold futures, inflation, safe haven, silver, silver futures
Category: Gold and Silver
Gold Touches Important Trendline: What Now?
EWI's intensive Metals Specialty Service brings you unconventional perspectives on gold and silver
By Vadim Pokhlebkin
8/23/2011 4:30:00 PM
Most analysts and investors spend time debating about this or that "fundamental," which did (or maybe didn't) push the price of gold higher (or lower). But there is a more objective way to analyze precious metals: technical analysis. Editor of EWI's intensive Metals Specialty Service Mike Drakulich employs Elliott waves -- which rely on a defined, objective set of rules and guidelines...
Filed Under: copper futures, Elliott Wave trading, futures trading, Gold, gold futures, silver, silver futures, trendlines
Category: Gold and Silver
Why We Are On "High Alert" For Silver
EWI's Metals Specialty Service reveals two compelling reasons to keep your eyes glued to silver
By Nico Isaac
7/25/2011 4:30:00 PM
Today I'm talking with EWI's Metals Specialty Service editor Mike Drakulich about where the next near-term opportunity could arise. Question: If the world of metals was a vegetable garden, which market's price action is fully ripened on its vine and ready for picking?
Mike Drakulich: That's easy. I am on very high alert in silver.
Filed Under: Elliott Wave trading, Relative Strength Index (RSI), silver, silver futures
Category: Gold and Silver
By Bob Stokes
6/27/2011 1:00:00 PM
Silver's near-vertical price rise was akin to other manias, in the distant and recent past. See the chart ...
Filed Under: Elliott Wave trading, Nasdaq Composite, Nikkei, Shanghai Composite Index, silver, silver futures, technical analysis, Traders
Category: Gold and Silver
By Nico Isaac
5/12/2011 4:30:00 PM
Over the last two weeks, the silver market has gone from "red-hot" to "black hole." Since rocketing to a 31-year high on April 25, silver prices have plunged 30%-plus in their biggest decline since big hair and bangles were all the fashion: circa 1980. But is silver's recent reversal actually a "shock"? Answer: Yes, and no. For those who kept their ear to the ground beneath Wall Street, it most definitely is.
Filed Under: Elliott Wave trading, silver futures, Wall Street
Category: Gold and Silver
By Bob Stokes
5/9/2011 4:45:00 PM
Do "margin requirements" explain the metal's swift price tumble? The just-published May Financial Forecast says...
Filed Under: gold futures, mania, short selling, silver, silver futures
Category: Gold and Silver
Gold and Silver: Why Are Prices Falling?
The timeline of the selloff reveals whether the recent news headlines are the real culprit
By Vadim Pokhlebkin
5/5/2011 3:30:00 PM
Gold and silver fell hard again on May 5: Gold touched an intraday low of $1463 per ounce (from $1,577 on May 2), and silver fell as low as $35 an ounce (from $49 on April 25.) Investors want explanations, and here are some of the more popular ones...
Filed Under: diversification, Elliott wave, gold futures, hedge funds, inflation, mania, market crash, market manipulation, safe haven, short selling, silver futures, U.S. dollar, volatility
Category: Gold and Silver
By Nico Isaac
5/2/2011 3:45:00 PM
On April 29, people all across the globe tuned into the 24-hour media coverage surrounding one main celebration -- and no, I'm not talking about the Royal Wedding at Buckingham Palace. The other widely watched event did not take place on Westminster Abbey, but rather on Wall Street. There, silver was crowned "king" of the precious metals after soaring to its highest level in more than three decades. In the last year alone, silver prices have surged 148%, officially dethroning the prior metal monarch, gold. (Gold has rallied 29% over the same period.)
Filed Under: Federal Open Market Committee (FOMC), gold futures, silver futures, Wall Street, Elliott Wave trading
Category: Gold and Silver
One "Combination" To Unlock the "Safe" of Gold and Silver's Price Trends
Elliott Wave International's newest free "Gold & Silver eBook" reveals how wave analysts stayed a step ahead of precious metals' turns in 2002, 2010 and 2011
By Nico Isaac
4/21/2011 4:15:00 PM
When it comes right down to it, trading in precious metals is not for the faint of heart. Often times, it can feel like there's a ticking time bomb of volatility super-glued to the "safe" of gold and silver's price trends. If you don't crack the code fast enough, the opportunity to position for near-term turns blows up in your face.
Filed Under: fundamental analysis, gold futures, silver futures
Category: Gold and Silver
By Bob Stokes
2/17/2011 5:30:00 PM
"Fantastic Four" is the number of times the precious metal has approached a line of resistance that goes back several years. The fourth time is happening now; and a quadruple climb of this kind is unusual indeed. Our Elliott wave expert provides this commentary...
Filed Under: Elliott Wave Principle, gold futures, investor psychology, momentum, Short Term Update, silver futures, technical analysis, technical indicators, trendlines
Category: Gold and Silver
By Bob Stokes
1/25/2011 6:15:00 PM
Since silver's high a relative few days ago,, spot prices have fallen below $27. Is the emotion which saw silver rise 83 percent in 2010 going to re-assert itself again in 2011? Or has the emotion been "spent?"...
Filed Under: Elliott Wave Principle, market forecasts, momentum, Robert Prechter, silver futures, technical analysis, volatility
Category: Gold and Silver
Silver and Gold Sinking: A Buying Opportunity?
At a time when gold bugs see every price dip as a buying opportunity, it's important to look at a larger picture
By Vadim Pokhlebkin
1/14/2011 6:00:00 PM
You wouldn't know it by looking at all the "We Buy Gold!" ads on late-night TV and your local pawn shops, but gold and silver have sold off hard since the beginning of the year. Why are precious metals falling? "Growing investor confidence," say the mainstream experts. But if you're looking for an independent perspective, you've come to the right place.
Filed Under: Ben Bernanke, gold futures, gross domestic product (GDP), hyperinflation, inflation, Robert Prechter, safe haven, sentiment, silver futures, Sovereign Debt, technical analysis
Category: Gold and Silver
By Nico Isaac
1/4/2011 3:00:00 PM
On January 4, 2011 a small group of financial strategists hinted of a precious metals conspiracy. I call it "The Magic Bullion Theory" and it goes something like this: On the morning of January 4, a curious shot was fired out from a grassy knoll surrounding the gold market, piercing through prices and causing their value to plunge more than $40 in a matter of hours.
Filed Under: Elliott Wave Principle, fundamental analysis, gold futures, safe haven, silver futures
Category: Gold and Silver
By Vadim Pokhlebkin
1/3/2011 11:00:00 AM
This is Part X of the series "Robert Prechter Dispels 10 Popular Investment Myths," where EWI president tests investment myth #9: "Inflation makes gold and silver go up" -- and brings you another round of eye-opeing conclusions.
Filed Under: diversification, Elliott Wave Principle, gold futures, hyperinflation, inflation, monetary policy, quantitative easing, quantitative easing, recession, Robert Prechter, safe haven, silver futures
Category: Gold and Silver
Silver: Critical, Edge Of The Seat Action
Elliott Wave International's Metals Specialty Service issues a high alert for silver
By Nico Isaac
12/29/2010 1:15:00 PM
Over the last year, investors' foray into the world of precious metals has been about as slow and steady as a freight train without any brakes. And while the sector's spotlight has traditionally been aimed in the direction of gold -- the scene stealer this time around is silver. Last count, silver prices rocketed 70%-plus in 2010, a winning streak that far outshines gold's 24% rally over the same period. Then, when the final votes are counted for the year, it's silver whose taking home the prize for world's second-best performing commodity (just below palladium).
Filed Under: contracting triangle, gold futures, silver futures
Category: Gold and Silver
By Bob Stokes
12/23/2010 12:15:00 PM
While hindsight can be a source of regret, a careful analysis of the past can help us understand the present and even arrive at a forecast for the future. Thus it is with financial markets -- gold and silver...
Filed Under: Elliott Wave Principle, fundamental analysis, gold futures, silver futures, technical analysis
Category: Gold and Silver