news.goldseek.com >> 7 August 2017

SWOT Analysis: What’s Next for the Yellow Metal?
By: Frank Holmes, US Funds

This is the second year in a row that policy changes in India may have strained gold sales, reports Bloomberg. Consumption is seen between 650 and 750 metric tons this year, compared to the annual average of around 850 tons in the previous half decade. The Indian government’s push to boost financial transparency cut consumption this year as they enacted a new consumer tax system, the article continues.

 news.goldseek.com >> 3 August 2017

Surprise! Gold Prices Have Beaten the Market So Far this Century
By: Frank Holmes, US Funds

Spot gold finished July up more than 2 percent, its best month since February, when it returned 3.7 percent. The yellow metal responded to a struggling U.S. dollar, which has lost more than 10 percent so far this year relative to other currencies and is currently at a 15-month low. The dollar could very well continue to slide on additional political uncertainty surrounding President Donald Trump and his administration. This would mean further upside for gold and gold stocks.

 news.goldseek.com >> 31 July 2017

SWOT Analysis: Popularity Rises for Initial Coin Offerings (ICOs)
By: Frank Holmes, US Funds

The best performing precious metal for the week was palladium, up 4.29 percent on hedge fund managers increasing their bullish positioning on the metal as expectations of increased usage in automotive catalyst to curb pollution. China’s purchase of bullion bars in the first half of the year rose 51 percent, reports Bloomberg, setting gold up for a sixth monthly gain in seven. China gold demand rose 545.23 tons, including gold bars to 158.40 tons. And as global gold prices retreat, China purchased more bullion from Hong Kong in June.

 news.goldseek.com >> 24 July 2017

SWOT Analysis: Silver In the Spotlight
By: Frank Holmes, US Funds

Scotia Mining Sales notes that as silver has gotten cheap again, particularly when looking at the widening gold-silver ratio, investors have been piling into silver ETFs (while dropping out of gold ETFs). Interestingly enough, there seems to be a bearish outlook in the futures market, where hedge funds are now holding the first net short silver position seen in two years, the group writes. The risk of higher U.S. interest rates should drive silver prices lower, is the reasoning behind this. However, if the Fed “blinks” and silver prices rebound, they will rebound quickly and violently, Scotia continues.

 news.goldseek.com >> 20 June 2017

Small-Cap Mining Stocks, Big-Time Opportunity
By: Frank Holmes, US Funds

Commodity prices have lately underperformed equities mostly on subdued oil demand growth, with the S&P GSCI commodity index falling about 4 percent over the last month. If we separate the index components, however, we see that precious metals have posted positive gains year-to-date along with industrial metals.

 news.goldseek.com >> 13 June 2017

Hope for the Best but Prepare for the Worst (with Gold and Munis)
By: Frank Holmes, US Funds

Daniel Marburger, CEO of European coin dealer CoinInvest, told Bloomberg that he had just finished working with a German customer whose bank account was charged negative interest rates. To prevent this from happening again, the customer converted his cash into gold and silver, which he sees as a more reliable store of value.

Negative rates are “definitely a driving factor and will lead to more sales and also more storage clients,” Marburger said.

 news.goldseek.com >> 12 June 2017

SWOT Analysis: Gold’s Strength Is Justified Says UBS
By: Frank Holmes, US Funds

Amid unease over a congressional hearing on possible links between Russia and the Trump campaign, holdings in SPDR Gold Shares (the world’s largest gold-backed ETF) climbed to the highest this year on the back of safe-haven demand, reports Bloomberg. In the two weeks through the end of May, hedge funds and other large speculators boosted their bullish bets on the precious metal by 37 percent, notes another Bloomberg article, the most since 2007 according to government data.

 news.goldseek.com >> 29 December 2016

Gold Technically Oversold, Ready for a Price Reversal
By: Frank Holmes, US Funds

In more ways than one, 2016 was a roller coaster year. One need only look at gold’s performance to confirm this. After rallying more than 30 percent in the first half, the precious metal stalled in the days before the U.S. election, then retreated on a weekly basis, under pressure from a strengthening dollar and tightening monetary policy.

As you can see in the oscillator below, gold is now down more than two standard deviations from its mean, or average, dollar amount. The reason I show you this is because, in the past, this was a good time to begin accumulating, as mean reversion soon followed.

 news.goldseek.com >> 28 December 2016

Holiday Edition: Here Are the Top 6 Frank Talk Posts of 2016
By: Frank Holmes, US Funds

This year has been one for the history books. Donald Trump was elected as the 45th president of the United States, gold had its best quarter in a generation, Warren Buffett decided he likes airlines again and voters in the United Kingdom elected to leave the European Union. Loyal readers of the Investor Alert newsletter and my CEO blog Frank Talk know that we covered it all, too.

As we head into the New Year, I want to share with you the six most popular Frank Talk posts of 2016. Before I do that, however, I think it’s important to note one recurring theme I write about that continues to help our investment team and shareholders better understand the movement in commodities and energy: the purchasing managers’ index (PMI).

 news.goldseek.com >> 27 December 2016

SWOT Analysis: This Could Result In a More Bullish Scenario for Gold
By: Frank Holmes, US Funds

In other gold-related news from Deutsche Bank, the group assesses the value of the gold “cost curve” when it comes to providing a fair value reference for the metal. Skeptical at first, the bank now recognizes that since 2000, the 90th percentile producer has been a good indicator of the minimum weekly gold price in a given year. “Under these assumptions, the gold price in 2017 would average $1,200 an ounce, with the minimum weekly price falling to $1,060 an ounce.

 news.goldseek.com >> 22 August 2016

SWOT Analysis: Gold Demand to See Boost from Indian Wedding Season
By: Frank Holmes, US Funds

Gold investment in the first half of the year broke previous levels, as seen in the chart below, with both coin and bar demand, as well as ETF product demand, soaring to record levels. Gold demand will get another boost in India as wedding season starts to heat up, particularly with the metal currently trading at a $40-$50 discount in the country, reports Bloomberg. Bullion traders noted persistent buying by jewelers at domestic markets to meet festive season demand.

 news.goldseek.com >> 18 July 2016

SWOT Analysis: Why Abenomics Cynics Are Buying Gold and Selling the Yen
By: Frank Holmes, US Funds

“Gold is the unprintable currency, unlike the yen,” said Itsuo Toshima, former regional manager for the World Gold Council in Tokyo. According to Bloomberg News, Abenomics skeptics are selling the yen to buy this unprintable currency – gold. Individual investors drove a 60 percent jump in sales of the precious metal in June from May at Tanaka Holdings, the operator of Japan’s largest bullion retailer.

 news.goldseek.com >> 27 June 2016

SWOT Analysis: Last Week’s Gold Moves Explained
By: Frank Holmes, US Funds

Despite the surge in gold prices on Friday following the U.K. vote, it was the worst performing precious metal for the week, although still up 1.43 percent. Gold backed ETFs have seen a surge in assets this year as investors have started to discount that political leaders at the central banks around the world have lost their mojo, as you can see in the chart...

 news.goldseek.com >> 20 June 2016

SWOT Analysis: Gold Has Room to Run
By: Frank Holmes, US Funds

The current ratio between gold and copper is showing a “recession-era fear level,” Bloomberg reports. Gold jumped to the most expensive relative to copper since 2009 this week. The price of copper (seen as an economic bellwether), has slumped over Brexit worries, while the low interest rate outlook has fueled demand for bullion – driving the ratio between the two farther apart.

 news.goldseek.com >> 13 June 2016

Gold SWOT Analysis: 13-June, 2016
By: Frank Holmes, US Funds

Philippines’ new president-elect Rodrigo Duerte has come out warning mining companies to “shape up,” reports Business Insider. Duerte stated that his incoming government might rewrite laws to limit environmental degradation as a result of mining, continues the article. “I have a big problem with mining companies,” he said. “They are destroying the soil of our country.

 news.goldseek.com >> 6 June 2016

SWOT Analysis: Gold Advances After Surprising Jobs Report
By: Frank Holmes, US Funds

“Gold may be embarking on a new bull run and has the scope to rise to $1,400 per ounce over the coming year,” Allocated Bullion Solutions (ABS) stated in a report on Wednesday. The group expects market weakness to persist in the short term, along with a reappraisal from the market on the path of U.S. monetary policy.

 news.goldseek.com >> 1 June 2016

Here Are the World’s Top 10 Gold Producing Mines
By: Frank Holmes, US Funds

Gold output across the globe hit an all-time high in 2015, climbing 1.8 percent to 3,211 tonnes. Much of this growth was led by Mexico, whose output increased double digits (18 percent) from 112 tonnes in 2014 to 133 tonnes last year. Indonesia grew 20 percent, Kazakhstan 29 percent.
This year, global production is expected to level out as project development budgets were slashed during the three-year gold bear market. But with gold prices rebounding, miners are in a good position to be much more profitable.
Read to explore and discover the world’s top 10 gold producing mines.

 news.goldseek.com >> 23 May 2016

SWOT Analysis: Following Fed Minutes, Where Will Gold Go Next?
By: Frank Holmes, US Funds

In BCA’s weekly report, the research group writes “Investors are making a huge mistake in thinking that central banks are out of bullets…helicopter money is coming.” They go on to explain that once deployed, this policy will be more successful than people imagine.

 news.goldseek.com >> 16 May 2016

SWOT Analysis: The Smart Money Is Flowing Into Gold
By: Frank Holmes, US Funds

The best performing precious metal for the week was gold, down just -1.15 percent on a slightly stronger dollar and better than expected U.S. retail sales. Money flows for gold are benefiting from what Bank of America is calling an “equity exodus.” The bank points out that while $7.4 billion in equity outflows have taken place over the past five weeks, $3.5 billion went into bonds and $1 billion into precious metals. In the first three months of 2016, investors snapped up gold at a record pace, and even commodities investor Dennis Gartman told CNBC that he is becoming more bullish on the yellow metal.

 news.goldseek.com >> 9 May 2016

SWOT Analysis: Will the Gold Rally Persist?
By: Frank Holmes, US Funds

As we know, China recently introduced a new yuan priced gold fix. Within a week of the new fix being introduced however, Russia and China announced a new gold trading platform, reports Sputnik News. In a recent interview with Austrian Economist Sandeep Jaitly, Double Down asks him to explain the purpose of the fix and what the gold moves by Russia and China could tell us about the current fiat money system. Sandeep noted that with the demise of the London Gold Fix, which used to be set in pounds sterling and moved to only the dollar fix after World War II, has opened the door for the Chinese to be the price setter of physical gold.

 news.goldseek.com >> 2 May 2016

SWOT Analysis: Gold and Gold Miners Are Rallying
By: Frank Holmes, US Funds

The Bank of Japan (BOJ) opted against boosting stimulus this week, in a decision that battered the U.S. dollar and gave gold a surprise lift, reports Bloomberg. The Japanese yen also reacted to the bank’s decision, surging the most since the 2010 stock-market meltdown. On Wednesday, the Federal Reserve left its benchmark rate unchanged too, helping to boost the yellow metal.

 news.goldseek.com >> 25 April 2016

SWOT Analysis: Central Bank Overreach Benefits Gold
By: Frank Holmes, US Funds

Bank of America thinks the breakout we are witnessing in silver is for real, stating in a technical report this week that the precious metal could begin a bull move higher. Deutsche Bank agrees and believes silver could rise to $20 in near-term momentum. Silver has outperformed gold in nine of the last 10 sessions, reports Bloomberg, with the gold/silver ratio falling to the lowest since October.

 news.goldseek.com >> 18 April 2016

Why One Analyst Believes Gold Could Hit $3,000
By: Frank Holmes, US Funds

Based on a regression analysis holding gold as the independent variable, a negative 0.5 percent real rate level would suggest a gold price of $1,380 an ounce and a negative 1.0 real rate level would suggest a gold price of $1,546 an ounce… The potential for inflation rates to move upwards and match U.S. Treasury yields, which continue to be held down in the short-term, could create a 1970s-esque phase in real rates.

SWOT Analysis: Will the Gold/Silver Ratio Narrow Further?
By: Frank Holmes, US Funds

The CME reported that it received notice from the Federal Reserve that it is authorized to open an account at the Fed which would “allow it to better safeguard cash deposited by its traders,” writes Dave Kranzler on Goldseek.com. But why is a Fed custodial account any better than one held by a big bank? Is the CME preparing for an eventual Comex default? The ratio of physical gold available for deliver is dwarfed by the size of paper contract claims on such gold.

 news.goldseek.com >> 11 April 2016

SWOT Analysis: Yellen’s Interest Rate Intentions Are Good for Gold
By: Frank Holmes, US Funds

Gold popped to a one-week high following Federal Reserve minutes that indicated policy makers would remain cautious on raising interest rates, reports Bloomberg. Gold speculators think the precious metal has more room to run too; while gold futures have dipped from a 13-month high, hedge funds are the most bullish in fourteen months as seen in the chart below.

 news.goldseek.com >> 5 April 2016

Gold Had Its Best Quarter in a Generation. So Where Are the Investors?
By: Frank Holmes, US Funds

The last time gold had a quarter this strong, Ronald Reagan was a year into his second term as president, the Soviet Union was taking its final gasp and the U.S. was still reeling from the Challenger explosion. In the first quarter, the yellow metal rose 16.5 percent, its best three-month performance since 1986, mostly on fears of negative interest rates and other global central bank policies.

 news.goldseek.com >> 4 April 2016

SWOT Analysis: Is the Bear Market in Gold Over?
By: Frank Holmes, US Funds

Gold is had its best quarterly rally in 30 years, reports Bloomberg, as demand for haven assets continue to surge. The precious metal got a boost following Janet Yellen’s remarks this week stating that the Federal Reserve will proceed “cautiously” with rate hikes this year. Gold investors have also poured money into gold ETFs at the fastest pace since 2009, with negative rates in Europe boosting its appeal as seen in the chart below.

 news.goldseek.com >> 30 March 2016

Is Economic Growth in Its Final Innings?
By: Frank Holmes, US Funds

The start of baseball season is still several days away, but a recent survey conducted by Bank of America Merrill Lynch found that 59 percent of U.S. fund managers believe the current stretch of economic growth is in its “final innings.” This is the highest reading since the financial crisis in 2008.

 news.goldseek.com >> 28 March 2016

SWOT Analysis: By 2020 Germany Wants Half Its Gold Reserves Back
By: Frank Holmes, US Funds

Germany announced this week that it wants half of its gold reserves back by the year 2020, reports Bloomberg. Bundesbank, the country’s central bank (which has gold in London and New York), has repatriated 1,400 metric tons, or 41.5 percent, of Germany’s gold reserves to Frankfurt.

 news.goldseek.com >> 21 March 2016

SWOT Analysis: Negative Interest Rates Boost Gold Demand Overseas
By: Frank Holmes, US Funds

Barclays thinks that the rally in commodities is overdone, and although economic data has improved, it is not enough to support current prices. With a fragile global economy still in place, the group believes that a turning point for commodities is still some way away.

 news.goldseek.com >> 14 March 2016

SWOT Analysis: Gold’s Latest Rally Could Have Durability
By: Frank Holmes, US Funds

As Lawrie Williams points out however, Goldman’s call to short gold again hasn’t been the investment bank’s best move; it comments in its latest research report that it is down 5 percent on the call – with a stop loss indicated at 7 percent.

 news.goldseek.com >> 2 March 2016

Gold Is Crushing It So Far this Year
By: Frank Holmes, US Funds

Ironically, though, one of the latest monetary tools—negative interest rates—has been a boon to gold prices. As rates have dropped below zero in Japan, Sweden, Switzerland and elsewhere, and with speculation they could be introduced here in the U.S., many investors have moved into, or increased their exposure to, gold. The metal has historically served as a dependable store of value.

 news.goldseek.com >> 29 February 2016

SWOT Analysis: Gold Experiences First “Golden Cross” In Two Years
By: Frank Holmes, US Funds

The best performing precious metal for the week was gold, by a significant margin. Gold experienced its first “golden cross” in two years, as the 50-day moving average moved above the 200-day. This week Georgette Boele from ABN Amro, who switched her gold outlook from bearish to bullish, noted that investors are now buying the metal on dips, rather than selling on rallies as they’ve done previously.

 news.goldseek.com >> 22 February 2016

SWOT Analysis: Gold Holds On as Investors Lose Faith in Central Banks
By: Frank Holmes, US Funds

Gold’s rally is holding steady as investors are losing faith in central banks’ ability to deal with economic challenges, reports Bloomberg. “If they’re not going to put up U.S. rates as fast as the market had been anticipating, then that’s going to send the U.S. dollar lower, “ David Lennox from Fat Prophets in Sydney said. “That will be beneficial to the gold price.” Inflows into bullion-backed ETPs this year have also topped outflows in all of 2015, as seen in the chart below.

 news.goldseek.com >> 16 February 2016

SWOT Analysis: Central Banks Continue Gobbling Up Gold
By: Frank Holmes, US Funds

The Economist calls gold’s surge past $1,200 an ounce this week a “hedge against ignorance,” pointing to question marks hanging over the global economy, some of which include China’s economy, falling oil prices and the fragility of global banks. Even as gold prices fell on Friday, the metal headed for its biggest weekly jump since 2011, reports Bloomberg.

 news.goldseek.com >> 11 February 2016

3 Reasons Why this Gold Rally Is the Real Deal
By: Frank Holmes, US Funds

In a recent report, HSBC suggests that we could be in the early stages of a new gold bull market, one that will “probably” usher the yellow metal back up to at least $1,500. This “forthcoming market,” says the bank, “has the potential eventually to exceed the speculative frenzy seen in 2011.”

 news.goldseek.com >> 2 February 2016

Recession on the Horizon? Look at the Big Picture
By: Frank Holmes, US Funds

Today the Bank of Japan (BoJ) rattled global markets on Friday by announcing its adoption of a negative interest rate policy intended to spur banks to lend and consumers to spend. The world’s third-largest economy, then, joins a handful of European countries who are experimenting with less-than-zero rates, among them Denmark, Austria, Switzerland and Sweden, which I’ve written about previously.

 news.goldseek.com >> 26 October 2015

SWOT Analysis: Investors Are Eyeing Gold Once Again
By: Frank Holmes, US Funds

Gold got a boost this week as China announced further interest rate cuts and the ECB re-emphasized its pledge to use all the monetary tools at its disposal to support global growth. Furthermore, Russia boosted its gold purchases by the largest amount in a year throughout the month of September, adding 34 tonnes.

 news.goldseek.com >> 25 November 2014

Solar Shines on Silver Demand
By: Frank Holmes, US Funds

Every solar panel contains between 15 and 20 grams of silver. At today’s prices, that’s about $20 per panel. When silver was hanging out in the mid-$30s range a couple of years ago, it was double that.

 news.goldseek.com >> 24 November 2014

Can You Handle the Stress of Losing 40 Percent in the Market?
By: Frank Holmes, US Funds

If the answer to that question is no, we have a solution for your investment woes. Not many investors can handle the stress that comes with losing nearly half of their retirement funds and being forced to wait seven years to break even—only to lose another 40 percent a couple of years later.

 news.goldseek.com >> 28 October 2014

As the Eurozone Stalls, China Cuts the Red Tape
By: Frank Holmes

Consider this: of the 1.35 billion Chinese citizens, about 618 million, nearly half, have access to the Internet. Of those, 302 million, nearly half again, shop online. These numbers will continue to grow, and with them, greater investment opportunity. Name one Western European company that, in recent years, has achieved the sort of success Alibaba, Tencent or Baidu has. Not in a Piketty economy.

 news.goldseek.com >> 4 February 2014

SWOT Analysis: Gold Futures Tumble as Physical Sales in China Rise Ahead of Chinese New Year
By: Frank Holmes, U.S. Global Investors

Comex gold stocks eligible for delivery are at all-time lows, continuing to fall rapidly. J.P. Morgan withdrew a massive 321,500 ounces from its vaults last week, the largest withdrawal of physical gold ever, according to Lawrence Williams of Mineweb. Comex’s last report shows that delivery-eligible inventories are currently sitting at a very modest 70,000 ounces, or 2.2 tonnes. At the rate of current outflows, there will be no physical gold left to back the paper contracts.