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My new analyses
of gold & silver suggests they will both show renewed weakness before jumping dramatically in price by the end of 2016/early 2017 – to $3,500 and $90 respectively . Below are the specific details (with charts).
Morales Veas goes on to say in further edited excerpts:
As the charts for gold and silver show below:
There is still time to open short positions on gold and silver!
1. GOLD update Feb.20/14:
My new forecast is US$900 approx. for gold!
Gold update November 22/14:
- US$900 will occur in Jan./Feb. 2015!
- then rise to US$3,500 approx., in Nov./Dec., 2016 or in Jan./Feb. 2017!
2. SILVER update Feb. 25/14:
My new forecast is US$15 approx. for silver!
Silver update Nov. 22/14:
- US$15 will occur in Jan./Feb. 2015!
- then rise to US$90 approx., in Nov./Dec., 2016 or in Jan./Feb. 2017!
Gold Chart
Silver Chart
(The above 2 charts were made using MetaStock Pro. 12 software – www.metastock.com)
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Juan Eduardo Morales Veas is Chairman & C.E.O. MoneyGreedandFear.com; a Financier & Asset, Portfolio & Wealth Manager; Precious Metals Adviser & Trend Follower Trader and can be contacted at juaneduardo.moralesveas@gmail.com.
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(Please note: The articles posted on munKNEE.com deliberately present a diverse perspective on subjects discussed. Below are links, with introductory paragraphs, to a variety of related articles designed to help you become truly informed regarding both sides of the issues so that you can assess the merits of all points of view and come to your own conclusion.)
1. Gold Going Down to $1,000 & Perhaps Even As Low As $850! Here’s Why
I see gold going lower and lower eventually breaking below the psychological figure of $1,000 and perhaps even testing the $850 level to break the back of gold bugs and get the CNBC cheerleaders to claim the gold bull dead. Read More »
2. Early 2017 Should See A Minimum of $3,600 for Gold & $100 for Silver! Here’s Why
Since the start of June, typically the worst month for precious metals when looking at seasonal charts, gold is up $75 or 6% and silver is up over $2 or 11% while many of the mining stocks that we track are up 30% or more in the past 3 weeks. Prices normally start to gain momentum after June and close the year very strongly so, while a pullback tomorrow would not be surprising, I believe the trend will be towards higher prices for the remainder of the year. Read More »
3. $3,000 – $4,500 Gold a Possibility With Continuing Growth of Fed’s Balance Sheet
Since 1999 the gold price has moved in concert with the growth in the US Federal Reserve Balance Sheet including the recent correction in both during the past three years. Accordingly, the following objective analysis forecasts the gold price out to 2016 based solely on historical Central Bank data. Read More »
4. Gold Will Take Off Dramatically! Here’s When & Why
Gold’s bull market is NOT finished, but is instead on the verge of launching into a startling climactic period into late 2016, or early 2017. This article explains why. Read More »
5. Gold Projected to Reach $4,000/ozt. Sometime Between Late 2015 & Mid 2017! Here’s My Rationale
I am not predicting a future price of gold or the date that gold will trade at $4,000, but I am making a projection based on rational analysis that indicates a likely time period for gold to trade at $4,000 per troy ounce. Yes, $4,000 gold is completely plausible if you assume the following:
6. New Analysis Suggests a Parabolic Rise in Price of Gold to $4,380/ozt.
According to my 2000 calculations, if interest rates and inflation stay constant over the next 2 years, we could expect to see (with 95.2% certainty) a parabolic peak price for gold of $4,380 per troy ounce by then! Let me explain what assumptions I made and the methods I undertook to arrive at that number and you can decide just how realistic it is. Words: 740
7. The Most Explosive Turnaround to the Upside — EVER — Is Coming In the Precious Metals Sector
I am 100% confident that 1) precious metals will bottom this year and resume a new leg to the upside, 2) the extreme emotions right now regarding gold and silver are typical at major turning points and 3) all the underlying fundamental, cyclical and technical conditions for a new bull market in gold and silver are in place. Here’s an update on the latest action in gold, silver, platinum and palladium Read More »
8. Silver On Its Way to $50/ozt. & Then to “Blue Sky Country”
Silver has moved above its 200-day moving average which is a signal for silver prices to challenge the $50 area, overcome it and then traverse ‘blue sky country’ to target the upper trendline shown in the chart shown below. Read More »
9. Gold Has Bottomed & Is Now On Way to $4,000
In an opposite mode to the very bearish outlook for stock markets, developing evidence suggests that precious metals and in particular gold and gold stocks have completed a bear market low…and have already begun a major bull market. Read More »
The pullback I’ve been warning you about in the U.S. equity markets is finally at hand but, once this pullback in the broad stock indices is over, the Dow Jones Industrial will lead the way higher yet again, and catapult to 31,000 over the next three years, with gold reaching $5,000, silver $125 and select individual stocks in the mining sector spinning off gains of 2,000%, 3,000% and even more. No, I’m not out of my mind. Quite to the contrary, I believe I am the one analyst who really understands the forces that are building to enable such to occur. Read on to learn about my enviable track record over the years and specifically why such gains will be realized over the next three years. Read More »
11. Could a World of $7,000 Gold, $100 Silver & $400 Oil Be Coming?
Jim Rickards explains in his new book “The Death of Money – The Coming Collapse of the International Monetary System” why a US dollar collapse could be coming and why gold would probably emerge at the heart of a new global monetary system as the only money that you can really trust. Read More »
12. Jim Willie: Gold Will Rise to $5,000/ozt. and Beyond & Silver Will Rise Multiples Higher
In the last several months, the world economic crisis has entered a new elevated level of perma-crisis and constant tension, widely recognized as something more serious, more dangerous, and more risk-filled. This new normal is neither without resolution nor the attempt to resolve anything and, as such, is why the price of gold will rise to $5,000 per troy ounce, then higher, and at the same time, the silver price will rise multiples higher. Let me explain. Read More »
I’m hopeful that the Swiss are smart enough to demand that their Banks increase the amount of Gold, otherwise they like many other Countries will be subject to wide spread paper money manipulation.
Posted at: https://www.munknee.com/yes-vote-swiss-gold-referendum-push-gold-upwards-18/#comment-151736