Wednesday, 17 December 2014

Peter Schiff: Gold Still On Launch Pad As We Start 2015.


Just to cheer all Gold investors before the Christmas!

"Kitco News speaks with Peter Schiff to get his forecasts for gold in this special outlook edition. Last time Schiff was on the show, he said he expects gold price to take a “rocket ship back up” and we wanted to know if he has since changed his tune. He is still bullish on gold and says the U.S. economy is not as strong as people perceive it to be. “I think [gold] is set up perfectly and I think it’s still on that launch pad,” he says. “I do believe you are going to see panic buying in the gold market because it’s really going to be panic selling of the dollar.” Schiff adds that too many people believe in what he called a “phony recovery” and warns that a rude awakening is coming when the Fed, instead of raising rates, launches a QE4 to keep the economy from slipping back into a recession. Tune in now to find out why Schiff doesn’t think the Fed can raise rates and why he thinks the economic data isn’t as accurate as it may seem. Kitco News, December 17, 2014."

U.S. Mint Sets New Record, Selling 43 Million Silver Coins In 2014.



  Now add demand from India, record Silver export from the UK, rising Solar Power and we have a very interesting picture ...


Peter Brandt: Six Chart Reasons Why Silver Has Bottomed.


 I have found Peter Brandt's call on Silver Top in 2011 nothing less than incredible example of trader's discipline and industry insight and would like to share his observations about Silver today. Please visit his blog to find more information and read carefully my legal disclaimer. Read more."

What's In Store For Gold In 2015?


  Very interesting conversation about Gold, market fundamentals, supply and demand  from Scotiabank conference, including Rob McEwen. Read more."

Frank Holmes: U.S. Consumers To Be Big Gold Buyers, Mining Stocks May Turnaround.




The Gold Fever In Europe: Germany, Netherlands, France, Belgium - Now Austria Considers Repatriating Its Gold.


  

  The Gold market is getting hotter by the day and repatriation virus is spreading fast in Europe. Do we have some kind of ECB coordinated Gold plan in place ongoing now? Or is it just the realisation that China, India And Russia are putting the enormous strain on the Gold paper market and demand is overwhelming supply now?


Eric Sprott: Global Gold Demand Is Overwhelming Supply.


Nobody believes that Gold can make a true reversal here. Sentiments are at total extreme. We have the capitulation in gold miners and, maybe, this is the sign of the end of this gold bear market.

What's In Store For Gold In 2015?


  Very interesting conversation about Gold, market fundamentals, supply and demand  from Scotiabank conference, including Rob McEwen.



TNR Gold: Rob McEwen Webcast on Gold, McEwen Mining and Los Azules Copper.


  

  Last week Rob McEwen has organised the conference call to discuss Gold, McEwen Mining and Los Azules copper. Please visit McEwen Mining website to find out the webcast and latest presentation from McEwen Mining at Goldman Sachs Annual Global Metals & Mining / Steel conference. You have to register to listen to the conference call. TNR Gold shareholders can find very interesting information on the valuation of Los Azules and investment climate in Argentina provided by McEwen Mining.
  Please read our full legal disclaimer and do not rely on any of this information in your investment decisions. You can find all latest TNR Gold information in our regulatory filings and on TNR Gold website.

Sunday, 14 December 2014

Daimler to Spend 100 Million Euros to Expand German Lithium Battery Output.


"Daimler will spend about $125 million in coming years to increase production of lithium-ion batteries in eastern Germany. The German automaker said on Monday it will expand capacity at Deutsche ACCUmotive, its battery-making division in Saxony as it expects "high and steadily-growing demand" for electric-car batteries. Daimler said, the unit supplies batteries for the luxury Mercedes division's hybrid S-Class, E-Class and C-Class models. Steps to increase battery output tie in with Daimler's plans announced last month to phase out production of lithium-ion battery cells at its second Saxony-based Li-Tec division by the end of 2015."

   

Chris Martenson: The Crash Course - Shale Oil. Can We Survive This Energy War?


 Let's put some numbers and technical details of the "Shale Oil Revolution" into perspective. Please make no mistake: Currency Wars are moving fast into Energy Wars or, more precisely - Shale Oil Wars. The economic miracle in U.S is based on the cheap energy and strong US dollar will be killing it fast. The weaker US Dollar must come to save the Shale Oil now.
  We have the technology to change all this geopolitical picture ones and for all - Electric Cars and Elon Musk with Tesla Motors has demonstrated the power of lithium based power-trains. When finally will it  be fully embraced, using this opportunity of the borrowed time of "Shale Oil revolution?" Read more."

Elon Musk Interview: World Needs Hundreds of Gigafactories.


  Elon Musk talks about the Gigafactory and incredible numbers behind his vision: "Everything will be fully electric, except for Rockets!" In China his vision can be the only way forward with personal mobility due to the terrible level of air pollution. Read more."

Friday, 12 December 2014

The Gold Fever In Europe: Germany, Netherlands, France, Belgium - Now Austria Considers Repatriating Its Gold.

  

  The Gold market is getting hotter by the day and repatriation virus is spreading fast in Europe. Do we have some kind of ECB coordinated Gold plan in place ongoing now? Or is it just the realisation that China, India And Russia are putting the enormous strain on the Gold paper market and demand is overwhelming supply now?


Eric Sprott: Global Gold Demand Is Overwhelming Supply.


Nobody believes that Gold can make a true reversal here. Sentiments are at total extreme. We have the capitulation in gold miners and, maybe, this is the sign of the end of this gold bear market.

What's In Store For Gold In 2015?


  Very interesting conversation about Gold, market fundamentals, supply and demand  from Scotiabank conference, including Rob McEwen.



TNR Gold: Rob McEwen Webcast on Gold, McEwen Mining and Los Azules Copper.


  

  Last week Rob McEwen has organised the conference call to discuss Gold, McEwen Mining and Los Azules copper. Please visit McEwen Mining website to find out the webcast and latest presentation from McEwen Mining at Goldman Sachs Annual Global Metals & Mining / Steel conference. You have to register to listen to the conference call. TNR Gold shareholders can find very interesting information on the valuation of Los Azules and investment climate in Argentina provided by McEwen Mining.
  Please read our full legal disclaimer and do not rely on any of this information in your investment decisions. You can find all latest TNR Gold information in our regulatory filings and on TNR Gold website.



ZeroHedge:

Breaking: Austria Considers Repatriating Its Gold



"And just like that, the list of countries who want to repatriate their gold just increased by one more, because after Venezuela, Germany, the Netherlands, sorry Switzerland, and rumors of Belgium, we now can add Austria to those nations for whom the "6000 year old barbarous relic bubble" is more than just "tradition." Zerohedge."



Wednesday, 10 December 2014

U.S. Mint Sets New Record, Selling 43 Million Silver Coins In 2014.



  Now add demand from India, record Silver export from the UK, rising Solar Power and we have a very interesting picture ...


Peter Brandt: Six Chart Reasons Why Silver Has Bottomed.


 I have found Peter Brandt's call on Silver Top in 2011 nothing less than incredible example of trader's discipline and industry insight and would like to share his observations about Silver today. Please visit his blog to find more information and read carefully my legal disclaimer. Read more."

What's In Store For Gold In 2015?


  Very interesting conversation about Gold, market fundamentals, supply and demand  from Scotiabank conference, including Rob McEwen. Read more."


Kitco:


U.S. Mint Sets New Record, Selling 43 Million Silver Coins In 2014


(Kitco News) - The U.S. Mint has set a new sales record for the year for its American Eagle silver bullion coins.
The sales record, which was set in 2013, was broken on Monday as the Mint announced that it had sold 495,500 coins during the day. However, the Mint updates its monthly sales daily; since Monday, sales have remained strong and as of Tuesday the U.S. Mint had sold 43.051 million silver coins, handily beating last year’s record of 42.675 million coins.
 "Our American Eagle gold and silver bullion coins remain the coin of choice for investors around the world," said U.S. Mint Deputy Director Dick Peterson.  "We are proud of our role as a leader in the global bullion coin market."
In the press release, U.S. Mint officials said that they will continue to sell 2014 silver coins under allocation until its inventory has been depleted, which they added, based on current demand, should be to the week of Dec. 15.
Although demand for silver coins has been extremely strong, sales of the U.S. mints gold coins are slightly down from last year.
According to the data, the U.S. Mint has sold more than 1.1 million American Eagle gold coins, in one-ounce, half-ounce, quarter-ounce and one-tenth-ounce coins, representing 532,000 ounces of gold. In 2013, the U.S. Mint sold just slightly less than 1.46 million coins, representing 856,500 ounces of gold.
For its one-ounce Buffalo gold coins, the mint has sold 175,000 coins so far in 2014, down from 239,000 coins sold in 2013. Kitco."

Peter Brandt: Six Chart Reasons Why Silver Has Bottomed.

  


  I have found Peter Brandt's call on Silver Top in 2011 nothing less than incredible example of trader's discipline and industry insight and would like to share his observations about Silver today. Please visit his blog to find more information and read carefully my legal disclaimer.


What's In Store For Gold In 2015?



  Very interesting conversation about Gold, market fundamentals, supply and demand  from Scotiabank conference, including Rob McEwen.

Peter Brandt:

Six chart reasons why Silver has bottomed

Credit where credit is due: Congratulations to all Silver bulls who survived one of the most devastating bear markets in history!

Readers of this blog know I have taken a certain pride in rubbing the noses of Silver bulls into one of the commodity market’s most famous bear trends. This has been true ever since I called the top of Silver in April 2011 (see here).

Well, I believe that Silver bulls will now get the last laugh.

By my count, there are at least six technical chart reasons pointing to why the Silver bear is dead.

Reason 1

As shown on the weekly chart, the “big bull” of 2010/early 2011 began at the February 2010 low of 14.65. It is not uncharacteristic in the commodity markets for a big bull move to be completely retraced by the next bear trend. In fact, it is this complete retracement in Silver (among other reasons) that is proof Silver is a RAW MATERIAL COMMODITY ITEM, not a precious metal proclaimed as such by some Spanish king hundreds of years ago.
12.9_SI_M

Reason 2

The decline from the April 2011 high has taken the geometric form of a falling wedge. Falling wedges are a common formation to correct a previous bull trend. It must be noted that the completion of a falling wedge seldom results in a “V”-extended bottom. Rather, wedges tend to produce a “backing-and-filling” or “rounding-out” advance.

Reason 3

The decline to the December low finally met the target of the bearish rectangle completed in April 2013.

Reason 4

As shown on the daily graph below, the bottoming that began on October 20 and ended with today’s rally was accompanied by the type of increased volume turnover common to a major low.
12.9_SI_D

Reason 5

The wash-out low was confirmed by the massive range on December 1. The Silver market on this date rallied 19% of Silver’s value from the low to the high. This type of wide-range wild day often marks an absolute low.

Reason 6

Should prices remain firm throughout December (a BIG IF), the monthly chart will complete a sweeping key reversal — and this is a powerful sign the bottom is in place.
12.9_SI_M_v2

Congratulations, Silver bulls. You survived. I think a logical place for a rally to stop over the next year or so will be a test of the bank of lows on the monthly chart at around $26.



Tuesday, 9 December 2014

Gold Breaks Above $1,225, Starts Massive Short Squeeze.


  
  Now let's see how serious this bull reversal really is. Gold broke out above $1,225 very convincingly today on lower US Dollar and sell off in the markets. The follow up will be very important now. The dollar trade was very crowded and Long YEN - Short Gold trade can be unwinding very fast now. Fundamentals in supply and demand will be driving this next potential bull leg up.

What Is China’s Ulterior Motive For Gold? – Frank Holmes.


What's In Store For Gold In 2015?


  Very interesting conversation about Gold, market fundamentals, supply and demand  from Scotiabank conference, including Rob McEwen.


TNR Gold: Rob McEwen Webcast on Gold, McEwen Mining and Los Azules Copper.

  

  Last week Rob McEwen has organised the conference call to discuss Gold, McEwen Mining and Los Azules copper. Please visit McEwen Mining website to find out the webcast and latest presentation from McEwen Mining at Goldman Sachs Annual Global Metals & Mining / Steel conference. You have to register to listen to the conference call. TNR Gold shareholders can find very interesting information on the valuation of Los Azules and investment climate in Argentina provided by McEwen Mining.
  Please read our full legal disclaimer and do not rely on any of this information in your investment decisions. You can find all latest TNR Gold information in our regulatory filings and on TNR Gold website.