Jim Rogers talks about gold investment with Sprott Money News

In this interview, Jim shares his views on gold and his thoughts on investment.

Dan Norcini Comments on Precious Metals & Currencies [From; 03/05/2015 | Jordan Roy-Byrne, CMT | Featured, Podcasts, TheDailyGold Podcast]

Professional commodities trader Dan Norcini analyzes the fundamental and technical factors driving precious metals and currencies. He discusses topics such as US$ breakout, Euro weakness, interest rate differentials, Gold's technical picture, the difference between western demand and China/India demand, and GDXJ's technical picture.

SEE THE LINK BELOW:
http://thedailygold.podomatic.com/entry/2015-03-05T17_09_10-08_00

A Question About Gold [From http://armstrongeconomics.com]

ANSWER: Yes I own gold myself. Gold is like fire insurance. It is the HEDGE against government – not inflation. If you have bought gold expecting to make money short-term, then you have wasted a lot of time. Trade the trend. What is wrong with selling gold at the high and buying at the low? I just do not get that. As an insurance, yes I only buy common date US $20s. No bullion in bars etc. That is the “just in case” hedge. It is NOT an “investment” It is plan B. Trading gold back and forth I prefer the “paper” gold thank you. Liquidity is king. These are entirely different things. What I object to is feeding people nonsense who then put everything they own into gold and then lose the farm. That is totally bad advice and uncalled for. I do not care what the investment is. You NEVER advise people to buy anything and don’t worry just hold forever no matter what. That is bad advice for stocks, bonds, or gold.

READ THE FULL ARTICLE HERE

Silver – Brief thoughts on its COT and Price Chart [Posted on February 21, 2015,5:39 pm by Trader Dan; www.traderdan.com]

Following is a Weekly or intermediate term chart of silver along with a few brief comments developed around its most recent Commitments of Traders report from this past Friday.

Not long ago I did a more detailed analysis of silver which can be found here at the site noting how the Swap Dealers are the one group of traders to keep a close eye upon when it comes to this particular commodity futures market. They have an uncanny knack for being on the right side of this market when it makes its move.

I normally lay great emphasis on the activity of the speculators, particularly the large hedge funds, since they are the drivers of our modern markets, but when it come to silver, once the net positioning reaches extreme levels, more often than not, the Swap Dealers are the ones positioned correctly.

With that in mind, I am closely observing what is transpiring in the silver market based on the COT positioning and the price chart.

READ THE FULL ARTICLE HERE

Why the price of gold may jump 20 pc

Reasons Gold Neared $2,000 Still In Place - Frank Giustra [KitcoNews 25 Sep 2014]

How low can gold and silver go? [By Dominic Frisby, from MoneyWeek 24.09.2014]

 

Source: MoneyWeek

Still A Buying Opportunity In Gold Sector: Rick Rule [Sprott] | Kitco, Published on May 13, 2014

Rick Rule shares his insight in the gold sector and says investors can still find buying opportunity at this time.

What’s The London Silver Fix, And Why’s It Going Away? [9:52 am ET May 14, 2014 COMMODITIES Wall Street Journal]

Article by: Francesca Freeman and Ben Winkley on MoneyBeat

Link: http://blogs.wsj.com/moneybeat/2014/05/14/whats-the-london-silver-fix-and-whys-it-going-away/

Silver Fix Gone, Is Gold Next? - Jeff Christian | [Kitco News Published on May 14, 2014]

JPMorgan defeats appeal in U.S. silver price-fixing lawsuit 27.Mar.2014

JPMorgan defeats appeal in U.S. silver price-fixing lawsuit

http://www.reuters.com/article/idUSL1N0MO13E20140327

Trader Dan's opinion on gold manipulation

"Keep this in mind - specs drive our modern markets - when they are buying, price rise. When they are selling, prices fall. Specs have had no reason to buy gold until apparently the start of this year but more so apparently since the start of this month of February. It has nothing to do with backwardation claptrap, lease rates, JP Morgan, and all the usual BS that so regularly pollutes the web in the gold bug community." Trader Dan Norcini.

SOURCE:http://traderdannorcini.blogspot.sg/2014/02/commitment-of-traders-info.html

Eric Sprott: 10 Billion In Precious Metals Assets

When will gold and silver resume a sustained uptrend? 03.January.2014

Gold and silver are like an insurance policy keeping them "safe" against unforeseen events and protecting their wealth during times of distress or distrust in the US dollar (currency debasement). If the market views the US economy is looking healthy and they have confidence in the Fed with no imminent threat of economic and financial calamity, then it will feel less need to own gold and silver. For instance, the data from the Commerce Department showed US 3Q GDP increased to a surprising 4.1%. Until the perception/sentiment changes to that of "needing" to own and gold and silver as insurance to protect their purchasing power because of a loss of CONFIDENCE in the US dollar, gold and silver is going to have a tilt to the downside and struggle.

A hedge against growth with inflation pressures. The Goldman Sachs Commodity Index being sharply lower is not an indication of inflation pressures yet.

Is Asian demand going to be strong enough to absorb Western based selling of the metal?

Commitment of Traders (COT) report- "There can be no capitulation in gold and thus no end to the selling as long as speculators REMAIN AS NET LONGS in the gold market" Trader Dan Norcini

Until there is a change in the factors stated above, looks like we may be able to buy gold and silver at cheaper levels than at the levels we are today because we would expect a continuation of the down trend.

Why silver got knocked down at 23.00

It was momentarily encouraging to see silver rally to slightly above 23.00 as the Fed keeps stimulus in place. However, it didn't stay up there for long and drifted right back to the 50dma around the 22.50 level. Perhaps flirting with the down trend line drawn in red gave the hedge funds another opportunity to short the silver market. The MACD is also rounding down so this current technical posture does not look good for the bulls. I'd like to see the red down trend line broken to the upside so that we can have some renewed buying interest and a chance at touching the 200dma at around the 24.00 level.

Billionaire Eric Sprott: Gold is going to $2400 by next summer 13 Sept 2013

Silver Technical Chart 15 September 2013

Would like to see silver go above 26 and stay above it to get more excited and encouraged. This would prove to us that the down trend which has lasted more than 26 months has most probably come to an end. Like gold, we have to wait and see what comes out of the FOMC meeting in the next few days.

Gold technical chart 15 September 2013

All eyes are on FOMC meeting scheduled on September 17-18 due to Fed's decision on Tapering. Technically, on the charts, we seem to be at an important juncture also. I would like to see the 1300 level hold next week and preferably move up to 1350 and above so as to give a sigh of relief. 

James Rickards, opinion on Fed Tapering...

http://www.multimillionairehouseholds.blogspot.sg/2013/08/will-us-fed-reserve-end-money-printing.html

Ask the Expert - Eric Sprott - Sprott Money News [Recorded on August 14, 2013]