Tag Archives: gold trend

For as much as we favor - and expect - eventual higher prices for gold and silver, the charts do not indicate it will be any time soon. The following charts show you why.

We are market realists, and the reality is neither gold nor silver are about to launch into the upper reaches of higher prices for the near term but the reasons for such happening are beginning to be more credible so it might occur in the second half of the year.

We choose to focus on the charts because a reflection of developing market activity tells the most accurate and current story. It is not a promising one heading into 2015, however, but it is reality, and to expect anything else will lead to the same disappointments of 2013 and 2014. Forget the ego-driven predictions that have all proven wrong again and again, and deal with what is - and this article deals with what is by looking at the charts.

It can take some time for a trend to change course so being first in is not always the best situation. Let me explain further with the use of some enlightening charts on gold and silver.

With the gold price in dollars breaking decisively the 200 day moving average but with volatility across a broad range of asset classes close to, or at, historic lows...this article looks at what patterns occur in equity and gold prices during both up and down trends and how to adjust your portfolio accordingly.

Buckle in, stay the course and be sure to remain situationally aware. Now is not the time to look away. Continue to remain patient, diligent, yet patient. February will be a very exciting and consequential month.

Last fall, we said the rally in PMs would take longer than most expected. Expectations were unmet in 2013, and it is possible that 2014 may be no different... gold gives no indication of beginning a strong rally that will change the trend, any time soon and, while the next sustained bull market may well favor silver outperforming gold, silver may have to go lower before it can go higher. Let me explain why this is the case.

No matter what you hear or read about gold and the prospects for substantially higher price levels, the trend is down, exactly opposite of what you know. When you compare what you know, an opinion, with what the market is telling you, the market is a more accurate measure, however counter-intuitive it may be to your opinion, [and THIS is what the markets are saying].

Is Gold still in a downtrend or has it actually broken its downtrend? Both as it turns out, but only if viewed from the proper perspective. Let me explain.

If your perception is focused solely on where the price of gold is, as opposed to where you think or believe it ought to be, the elites would like to sell you a renewable subscription to their “Fiat Is Better” newsletter.