Gold Bullion’s 2016 Upleg
Happy New Year. Thank you for all your support in 2015 and wishing you and yours a healthy, prosperous and happy 2016.
Adam Hamilton of Zeal Intelligence has looked at gold’s prospects in 2016 and he thinks the worst may be over for the yellow metal.
He is a newsletter writer and consultant and is an expert on precious metals, commodities and stock markets. He believes gold is undervalued on a host of different metrics and will move higher in 2016 – likely sharply.
Gold certainly had a rough year in 2015, grinding inexorably lower on Fed-rate-hike fears and investor abandonment. But gold bullion is poised to rebound dramatically in this new year, mean reverting out of its recent deep secular lows. The drivers of gold’s weakness have soared to such extremes that they have to reverse hard. The resulting heavy buying from dominant groups of traders will fuel gold’s mighty 2016 upleg.
Hamilton’s research note can be accessed here
DAILY PRICES
4 Jan LBMA Gold Prices: USD 1072.70, EUR 982.30 and GBP 725.02 per ounce.
31 Dec LBMA Gold Prices: USD 1062.25, EUR 974.32 and GBP 716.36 per ounce.
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Outlook For SILVER & GOLD in 2016 & Beyond - CEO Keith Neumeyer
http://thenewsdoctors.com/?p=576085One thing is certain, future is uncertain.
A chicken's head, a lizard's eye and virgin spit and you might have a real predicition here!
broken clock
use the strenght in the dollar to buy in euro ... before the fed have to backtrack on the rate hike
www.teamramgold.com/about-us
For some reason I thought the title was "2016 Golds Unpeg" with a typo... I was like holy dang.. then I realized and thought, wtf is an upleg? uplegs, downlegs, who gives a shit?
LOL at the long contracts vs short contracts...Idiot does not understand the futures market. He could have looked at hedgers vs small spec vs large spec, but that would not be a very interesting chart right now...as it seems that NONE of those groups are trading aggressively at the moment. Or how about running a correlation of base metals to p metals? Naaa. Just mumbo-jumbo about "legs" going this-a-way or that-a-way.
Adam Hamilton... oh dear... its that what GoldCore has come to now? Why not just ask Dennis Gartman?
Oh no, that's got to be the kiss of death for PMs. Maybe we'll have better luck in 2017.
GC ...
I wish you would just go away. You haven't the slightest idea what you re talking about... just drone on with your predictions until you get lucky. Which you haven't yet, by the way...
Gold and silver will remain suppressed until the suppression stops. And unless you are one of the suppressors you don't have the foggiest notion as to when that will be.
Currently gold is capped at 1070, and silver at 14.
less talk, more stacking bitchez
oh & did i say I HATE ZIONISTS
AMEN BRO!
Gold just sits there.
Fiat moves about.
Frequency of Cash is usually one a day... Business accepts cash goes in a till and deposited at the end of the day.
Same With Debit or credit you have next day settlement so that fiat dollar only moves around once in a retail environnment..
Bitcoin frenquency is something like 144... As a business owner I can sell product at 10:00am and use that bitcoin again in 10 minutes!
Gold Fuck to move gold around for commerce its not really feasible....
In Your Face Manipulation: Using Silver To Control Gold
http://thenewsdoctors.com/?p=575484
Isn't that the same chart they used for 2015?
No story here. The man is still using charts as if they mean something in the face of HFT manipulaton.
Adam Hamilton has been calling for a dramatic rise in PMs every month for the past 4 years. He is so full of it I can't believe ZH is actually posting his prognostication. Of course he could be right, but after being so very wrong for so very long, who in their right mind would take this seriously this time?
yer... uses technical analysis, then shows the latest gold 'fix'
how can a door be a jar? put the road in the jar.
Once the FED faces the music and capitulates off their tightening course, then will be the time for dollar weakness and gold/inflation to rise imo. Not long now..
You gotta be right about the time factor.
Either they did an ivory tower thing and screwed up or they intended to sink the ship.
It won't take long to see if they backtrack.