Elliott Wave InternationalmyEWISocioniomics.Net

Gold: Will Crash-Like Conditions Continue?
"Take a step back. We've broken support. We're well below it. It's a key shelf. Unless you rally and close back above this 1520-1535 zone, you've got to be bearish looking for lower prices."

By Nico Isaac
4/15/2013 5:15:00 PM

"Crash-like conditions," "panic selling" – those are just two phrases used to describe the massive sell-off underway in gold since Friday, April 12. On Monday, April 15, gold prices plummeted 10% in their biggest single-day decline in three decades.

Filed Under: copper futures, Elliott wave, Elliott Wave trading, fundamental analysis, futures trading, Gold, gold futures, platinum futures, precious metals, silver, technical analysis, trade targets, volatility

Category: Gold and Silver


Is Peak Palladium Upon Us?
Plus what happened last time mainstream pundits said palladium was in short supply.

By Nico Isaac
3/27/2013 3:30:00 PM

When it comes to precious metals, palladium's volatility makes gold and silver look downright sleepy. The lesser-known silvery-white metal is 30-times more rare than gold. Two countries -- South Africa and Russia -- produce 80% of the world’s palladium. What's more, Russia considers its palladium reserve figures a state secret. (So if we tell you, we’ll have to – well – you get the point).  

Filed Under: Elliott wave, platinum futures, precious metals, supply and demand, Traders

Category: Gold and Silver


Why Do You Think Platinum Prices Have Been Rising?
What if we told you that platinum's recent rally was not the result of AmPlats restructuring?

By Nico Isaac
2/8/2013 6:45:00 PM

Forget gold for a minute. The real scene stealer in metals of late has been platinum. No, I'm not talking about the widespread controversy surrounding the proposed minting of a $1 Trillion platinum coin to avert another debt crisis. I'm talking about the powerful uptrend in platinum, which has taken prices to their highest level in 16 months.

Filed Under: Elliott wave, Gold, platinum futures, precious metals, supply and demand, Traders

Category: Gold and Silver


The Upside Explosion in Platinum: We Cannot Ask For More
What if we told you that platinum's recent rally was NOT the result of AmPlats restructuring?

By Nico Isaac
1/16/2013 5:15:00 PM

On Jan. 15, the oft-overlooked platinum market outshone even gold when prices sailed to their highest level in three months. And, according to the usual experts, platinum got "white hot" (Forbes) for one main reason: "Platinum stretches winning streak after Anglo American Platinum Ltd (AmPlats), the largest platinum producer in the world, said it will suspend production at several South African mines, resulting in a decline of 400,000 troy ounces of annual output."

Filed Under: Elliott wave, Elliott Wave trading, fundamental analysis, platinum futures, precious metals

Category: Gold and Silver


Several Industrial Metals Markets Make Decisive Moves
Prices in platinum, aluminum and palladium have taken clear steps in one direction

By Nico Isaac
12/13/2012 6:00:00 PM

Global metal markets have been a tale of two complexes for the past month. On one side: Industrial metal traders have felt a heart-pounding rush of adrenalin as several key markets enjoyed strong rallies to multi-month highs. On the other side: Precious metal traders have felt the jolt of waking up to smelling salts under their snoring noses, as gold and silver -- the stars of the metals markets -- have been caught in a stubborn sideways trend.

 

Filed Under: aluminum, copper futures, Elliott wave, platinum futures, precious metals, Traders, trading lessons

Category: Gold and Silver


Special Metals Video: "Payoff Time" in Platinum & Palladium
On Dec. 3, EWI's Metals Specialty Service editor recorded a special video revealing why the next big move in platinum and palladium has been worth the wait.

By Nico Isaac
12/7/2012 5:00:00 PM

Since the start of 2012, price moves in platinum and palladium have been about as exciting as watching cheese mold. But now, Elliott Wave Internationals' Metals Specialty Service editor, Mike Drakulich, reveals why the long "sideways frustration" may be near its end. On Dec. 3, Mike took to the "mic" and went behind the webcam to record a very urgent video on the big-picture forecast unfolding in both metals. Right away, Mike can't hold back his excitement...

Filed Under: Elliott wave, platinum futures, precious metals, Traders, video

Category: Gold and Silver


Applying Elliott Wave Analysis to One Very Popular Metal Market
A brief but powerful lesson in how Elliott wave analysis can determine whether the near-term trend is your friend.

By Nico Isaac
10/15/2012 5:30:00 PM

EWI's Metals Specialty Service is one of the trader-focused outposts of our market forecasting firm. Here, our senior analyst Mike Drakulich uses the Elliott Wave Principle, along with a steady arsenal of tried-and-true technical indicators to navigate the often-volatile twists and turns in the world's key metal markets.

Filed Under: aluminum, copper futures, Elliott wave, Elliott Wave Principle, Gold, platinum futures, silver, Traders

Category: Gold and Silver


Gold and Silver: Hedges Against a Financial Downturn?
You might be surprised by the answer

By Bob Stokes
5/11/2012 4:45:00 PM

The run-ups in silver and gold since 2008 have many precious metals bulls believing that the pullback in recent months is just temporary. What do we see ahead for these two precious metals? I can say that the charts suggest...

Filed Under: economic depression, Elliott wave, Gold, gold futures, liquidity, market forecasts, platinum futures, recession, silver, silver futures, Traders

Category: Gold and Silver


Rock and Roll with our Senior Metals Analyst, Mike Drakulich
Special live webinar tomorrow at 4 p.m. Eastern time (Tuesday, Dec. 7) for Metals Specialty Service subscribers

By Jill Noble
12/6/2010 4:30:00 PM

As EWI's Senior Metals Analyst, Mike looks for the major turns and trends in metals.  If you follow metals and would like to participate in our upcoming live webinar, we are offering a sort of "backstage pass" for subscribers!

Filed Under: aluminum, copper futures, gold futures, platinum futures, Robert Prechter, silver futures

Category: Gold and Silver


Straight Talk With Bob Prechter, Part VIII
A series of Q&As with EWI founder and president

By Editorial Staff
10/8/2010 2:15:00 PM

This is Part VIII of our multi-part series of questions and answers with Robert Prechter, president of Elliott Wave International and the world's foremost authority on Elliott wave analysis. We are posting a new part every business day, so come back to elliottwave.com for more!

Filed Under: Robert Prechter, gold futures, silver futures, platinum futures, hyperinflation, deflation

Category: Stocks


Where Is "Hyperinflation"?
"If the inflationists’ arguments were correct, we should be in a hyperinflationary mode right now," says EWI's president Robert Prechter.

By Vadim Pokhlebkin
7/8/2010 1:30:00 PM

You may have already heard and read several of Robert Prechter's recent media interviews -- but this one really goes in-depth. On June 19, Prechter spent an hour answering questions from Jim Puplava of Financial Sense Newshour. The full 20-page transcript of the interview is available now, free, to all Club EWI members. Look below this excerpt for details on free instant access.

Filed Under: Robert Prechter, U.S. Federal Reserve (the Fed), monetization, M3 money supply, consumer price index, gold futures, platinum futures, silver futures, inflation

Category: Deflation


Platinum: Spotlight on Opportunity
"I'll be eagerly watching Platinum this week."

By Vadim Pokhlebkin
12/22/2008 5:45:00 PM

Vadim Pokhlebkin: Jeffrey, in your Daily Futures Junctures, you usually write about commodities such as corn, sugar, pork bellies, and so on. Besides copper (and crude oil) every Friday in your Weekly Wrap-Up, you rarely write about metals. But today, you did: In tonight's DFJ, you give your latest views on Platinum. Why now, and why Platinum? Jeffrey Kennedy: Because Elliott wave patterns in this market right now are just too clear to ignore this potential opportunity.

Filed Under: corn futures, sugar futures, platinum futures, gold futures, crude oil, copper futures

Category: Commodities


VIDEO: "Gold, Silver: Expect A Bounce, Then – A Devastating Decline"
It's been exciting to watch Gold and Silver follow Elliott wave-based forecasts so precisely.

By Vadim Pokhlebkin
5/2/2008 6:15:00 PM

It's been exciting to watch Gold and Silver, two of the many markets editor Mike Drakulich covers in his Metals Specialty Service, follow his forecasts so precisely over the past month or so. Just watch this video Mike recorded on April 23, for example -- it will "blow your socks off," as Mike puts it.

Filed Under: gold futures, silver futures, platinum futures, aluminum

Category: Gold and Silver


VIDEO: Silver Frustrates Market Participants
Wouldn't investors feel less frustrated if they looked at the right causes for market behavior?

By Vadim Pokhlebkin
4/23/2008 5:45:00 PM

Most of the conventional financial analysts remain convinced that what moves market prices are "outside drivers": the Federal Reserve, interest rates, supply, demand, oil prices, you name it – anything BUT the actual collective mindset of traders and investors. Is it any wonder that when none of the "reasons" explain the trend, they feel frustrated?

Filed Under: silver futures, U.S. Federal Reserve (the Fed), gold futures, platinum futures, aluminum

Category: Gold and Silver


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© 2013 Elliott Wave International

The Elliott Wave Principle is a detailed description of how financial markets behave. The description reveals that mass psychology swings from pessimism to optimism and back in a natural sequence, creating specific Elliott wave patterns in price movements. Each pattern has implications regarding the position of the market within its overall progression, past, present and future. The purpose of Elliott Wave International’s market-oriented publications is to outline the progress of markets in terms of the Wave Principle and to educate interested parties in the successful application of the Wave Principle. While a course of conduct regarding investments can be formulated from such application of the Wave Principle, at no time will Elliott Wave International make specific recommendations for any specific person, and at no time may a reader, caller or viewer be justified in inferring that any such advice is intended. Investing carries risk of losses, and trading futures or options is especially risky because these instruments are highly leveraged, and traders can lose more than their initial margin funds. Information provided by Elliott Wave International is expressed in good faith, but it is not guaranteed. The market service that never makes mistakes does not exist. Long-term success trading or investing in the markets demands recognition of the fact that error and uncertainty are part of any effort to assess future probabilities. Please ask your broker or your advisor to explain all risks to you before making any trading and investing decisions.