Do not mess with Mother Nature! The natural law of supply and demand will always rise up from under the distorted efforts to contain it. The good news is that each passing week brings silver closer to its inevitable resolve: a powerful rally that will surpass all others.
Read More »These 10 Charts Suggest the Outlook for Gold Is Good for 2014 and Beyond (+3K Views)
Very poor sentiment towards gold and oversold conditions is reminiscent of the conditions seen in late 2008 and January 2009 [as seen in the chart below] when gold prices had fallen by more than 25% in 9 months. Subsequently, gold rose from a low on January 15, 2009 at $802.60/oz to a high less than 12 months later at $1,215/oz for a gain of over 50%. A similar move today would see gold above $1,800/oz by year end.
Read More »It’s Time to Go Bottom-Fishing & Buy Gold Miners! Here’s Why (+2K Views)
Following a brutal year for bullion in 2013 and an even worse year for gold miners, those bullish on the yellow metal and the companies that extract it from the earth may finally have something to hang their hats on.
Read More »Noonan: Charts Suggest Lower Lows for Gold & Silver to Come in 2014 (3K Views)
Because the natural laws of supply and demand do not apply to gold and silver, the only way we can track the influence of endless paper supply on the market is through the most reliable source, the market itself, and the best way to track the market is through charts.Let's take a look at what they are conveying today.
Read More »Just Gold & Silver: The Most Read Such Articles In 2013 (+2K Views)
munKNEE.com will receive well over 1,000,000 visitors again in 2013 and is now the “go-to” destination for diversified commentary and analyses on the current gold & silver doldrums and the future expectations for these precious metals. Below are introductions (with links) to the 13 most read such articles in 2013 in order of popularity. Interestingly, each of the 13 are as relevant today as the day they were posted so they are well worth taking the time to read.
Read More »Noonan: Here’s Why Silver Is So Low & What To Do About It (+3K Views)
The demand for silver has grown exponentially in the past few years (record sales for American Eagle coins, record buying in India), but supply, on the other hand, keeps diminishing...Whenever there is a situation where demand rises sharply, while supply commensurately declines, it is a recipe for higher prices, and usually, much higher prices. This is true, unless one is talking about the silver market...[which] is at its lowest levels in the past three years. With talk of silver going anywhere from $150 to $500 higher, it currently struggles to hold $20. Why is this so?
Read More »Noonan: No Ending Action In Sight For Silver (+2K Views)
The inevitable end for central bank control...is certain: the end is near, and fiat currencies are likely to implode and cause enormous financial ruin for those unprepared. It is crucial, now more than ever to be buying physical silver. Let me explain more fully and update you on just what the charts are saying today.
Read More »We Told You So! Gold @ $1,200 & Silver @ $19 Is NO Surprise – Here’s Why (+3K Views)
Don't you just hate that gloating expression "I told you so!" Well, unfortunately some analysts had the foresight to forecast prices of $1,200 per troy ounce (or less!) and $19 silver several months ago.
Read More »Noonan on the Merits of Using Charts & What They’re Currently Conveying About Silver
According to the charts, the price of silver is not ready to reverse its trend. [In fact,] the monthly chart, and the lower time frames, clearly indicate the trend as down....The probability is high (80%) that the last swing low (in June) to $18 will be exceeded.
Read More »Noonan: Charts Say “Still No Ending Action to Decline In Gold & Silver” (+2K Views)
The decline is holding near the last swing low. Will the June low hold? The odds are greater for the low not holding, based on the trend, but there is no way to determine the probability of the June low giving way, for it is possible it will not.
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