Elliott Wave InternationalmyEWISocioniomics.Net

Bob Prechter's Big 5 Warnings for Gold and Silver Investors
From the April 2013 Elliott Wave Theorist

By Editorial Staff
5/28/2013 3:15:00 PM

Successful market analysis is rooted in irony and paradox. Our gold and silver analysis at the peak two years ago relied heavily on five arguments directly opposed to those offered everywhere else we look.

Filed Under: central banks, Gold, Robert Prechter, silver

Category: Gold and Silver


Gold ETFs Are Forced to Sell
ETFs dispose of 600,000 pounds of the yellow precious metal

By Bob Stokes
5/22/2013 4:15:00 PM

ETF gold holdings peaked in December 2012 and have since contracted. The editor of ETF Trends calls the disposal of over 600,000 pounds of gold so far in 2013 "amazing,' and "incredible." Learn how to get a FREE copy of EWI's Special Gold & Silver Report.

Filed Under: all the same market theory, commodities, Elliott wave, Gold, gold futures, quantitative easing, silver, silver futures

Category: Gold and Silver


The Dispossession of Silver Prices
The price rout of the white metal followed its Elliott wave pattern a 'T'

By Nico Isaac
5/20/2013 6:00:00 PM

The recent selloff in silver kicked into high gear on April 15, when prices plummeted 11% to a two-year low. A strong rebound followed with prices rallying within spitting distance of $25 in early May. And then the floor fell out from under silver once again. In early Asian trading on May 19, silver sank 9% to an intraday low of $20.24, a 32-month nadir...

Filed Under: contracting triangle, Elliott wave, Gold, gold futures, precious metals, silver, silver futures, Traders

Category: Gold and Silver


Evidence That Gold and Silver Are Not So Precious During Economic Downturns
History reveals that precious metals perform poorly during recessions and depressions.

By Bob Stokes
5/15/2013 5:30:00 PM

It's often said that gold and silver "always" go up during hard economic times. But you might be surprised to learn what the historical evidence says about this widely held belief. Let's start with gold ...

Filed Under: Elliott Wave Theorist, Gold, precious metals, Robert Prechter, silver

Category: Gold and Silver


Stunning Chart Shows Gold and Silver Defy Bulls' Optimism

By Editorial Staff
4/25/2013 4:00:00 PM

Gold and silver have been all over the financial news in recent weeks. A three-day tumble in mid-April pushed prices lower by as much as 31% and 56%, respectively, off their 2011 highs. The chart below shows EWI's forecasts not only in the past month ... but during the past three years of opportunity.

Filed Under: Elliott Wave Theorist, financial forecast, Gold, precious metals, Short Term Update, silver

Category: Gold and Silver


What Must Prices Do to Confirm A Bottom In Gold & Silver?
And what (or who) is responsible for the April 12-15 crash in precious metals?

By Nico Isaac
4/24/2013 6:00:00 PM

From April 12 through 15, gold and silver prices fell 14% and 18% respectively, in the largest such decline in precious metals in three decades. In the aftermath, the mainstream speculation about why gold and silver plunged has shifted from what to whom. Here, the recent news items below name several people of interest in a possible conspiracy to take the bullish wind out of precious metals' sails

Filed Under: Elliott wave, Elliott Wave trading, fundamental analysis, Gold, precious metals, silver, Traders

Category: Gold and Silver


The Growing Case for Global Deflation
Prepare for a major worldwide economic contraction.

By Bob Stokes
4/24/2013 4:30:00 PM

The evidence for global deflation continues to build. Consider the recent plunge in the prices of commodities and Treasury Inflation-Protected Securities (TIPS). Plus, the International Monetary Fund recently warned that ...

Filed Under: commodities, crude oil, deflation, economic indicators, Elliott wave, Gold, inflation, International Monetary Fund (IMF), silver, stock indexes, Treasury bonds

Category: Global Markets


FLASHBACK: Gold Bulls' 'Fear of Hyperinflation Badly Misplaced'
From the September 2011 Elliott Wave Financial Forecast

By Editorial Staff
4/17/2013 2:30:00 PM

Silver is down 56% since its peak on April 25, 2011, while gold is down 31% from its top on Sept. 6, 2011. Both metals are moving in line with EWI's forecast from the September 2011 issue of The Elliott Wave Financial Forecast, which published within two weeks of gold’s peak at $1921 an ounce. Here's an excerpt from that issue.

Filed Under: financial forecast, Gold, silver

Category: Gold and Silver


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


The Near-Term Bases are Loaded in Gold and Silver
EWI's Metals Specialty Service intraday analysis reveals whether precious metal bulls or bears will soon come out ahead

By Nico Isaac
4/10/2013 3:15:00 PM

Since April 1, precious metal bears should have been happier than a baseball fan sitting behind homeplate on Opening Day. Because, while that date did begin the 2013 Major League season, it also marked the start of a sizable downtrend that saw gold and silver prices plunge to nine- and eight-month lows, respectively.

Filed Under: Elliott wave, Gold, gold futures, precious metals, silver, silver futures, Traders

Category: Gold and Silver


Gold Bulls Cry Inflation, Again
Here's what the evidence says about gold as an 'inflation hedge'

By Nico Isaac
3/15/2013 6:15:00 PM

Conventional economic wisdom says that inflation is to gold prices what rabbit is to a dog on a leash. In other words: The one causes the other to break loose and run wild. This notion was all-too apparent on March 15. That day, a Labor Department report revealed a .7% rise in US consumer prices in February, the sharpest increase in four years. When gold prices shot higher at the open, the usual experts put two and two together...

Filed Under: Elliott wave, Gold, gold futures, inflation, monetary policy, precious metals, quantitative easing, silver, Traders

Category: Gold and Silver


Market Insight: Gold, Silver, Palladium

By Vadim Pokhlebkin
1/22/2013 11:15:00 PM

Commenting on the recent rise in gold prices, Mike Drakulich, the editor of EWI's trader-focused Metals Specialty Service, notes that...

Filed Under: Elliott wave, Elliott Wave trading, Gold, gold futures, silver, silver futures

Category: Gold and Silver


The Silver Prices Playbook
Should silver bulls hang their hat on monetary stimulus and the safe-haven premium?

By Nico Isaac
1/22/2013 5:30:00 PM

Since the start of 2013, demand for silver bullion has reached such a fever pitch that by Jan. 17, the U.S. Mint temporarily sold out of 2013-dated American Silver Eagle coins -- the first white-metal run of its kind in four years. At the same time, silver futures have rallied 9% to a one-month high. Now, page one of the mainstream economic playbook reveals that there are two main factors contributing to silver's surge...

Filed Under: Dow Jones Industrial Average (DJIA), Elliott wave, Elliott Wave trading, monetary policy, precious metals, safe haven, silver, silver futures, stimulus package, U.S. Federal Reserve (the Fed)

Category: Gold and Silver


Are "Market Manipulators" Behind the Recent Selloff in Gold & Silver?
Precious metals followed their near-term Elliott wave pattern: So what's next?

By Nico Isaac
12/20/2012 4:45:00 PM

Following the powerful $60-plus and $4 respective gold and silver selloffs since Dec. 17 -- certain suspicions arose in the mainstream financial media. Namely, that "manipulation" is behind the sharp downside price moves. On Dec. 13, however, EWI's Metals Specialty Service recorded a special video update on gold and silver that suggested the "bears have their chance." 

Filed Under: Elliott wave, Elliott Wave trading, Gold, precious metals, silver, Traders

Category: Gold and Silver


Gold Prices: How to Avoid a "Worst Case Scenario"
Up, down, even sideways -- the trend in gold prices can define capital preservation.

By Nico Isaac
12/18/2012 5:45:00 PM

On Dec. 18, I opened my web browser to a popular finanical news site. And right there in huge type on the front page was a dramatic cover story on the "Mayan Apocalypse." Just beneath it was a headline (in the same bold blue font) linking an article on the "10 surprises that could rattle the financial markets" in 2013. Topping the list: "a surprise sell-off in gold to drive the yellow metal to $1200 an ounce." The article also said that while the forecast is "unofficial," it's still important that "investors know the worst case scenario."

Filed Under: Elliott wave, Gold, precious metals, Short Term Update, silver

Category: Gold and Silver


Extra, Extra, WATCH All About It: A New Video on Gold & Silver
A special video reveals a "key, near-term juncture" in both gold and silver

By Nico Isaac
12/12/2012 5:30:00 PM

On Dec. 12, gold investors waited with baited breath for the release of the minutes from the Fed's Open Market Committee meeting. "Fed May Hold the Key to Gold's Riddle," read one Financial Times headline. The key issue? Whether the Fed would keep its finger on the shiny, green monetary "stimulus" button. If only the reality was that cut and dry.

Filed Under: Elliott wave, Elliott Wave Principle, Federal Open Market Committee (FOMC), Gold, monetary policy, QE2, quantitative easing, silver, Traders, U.S. Federal Reserve (the Fed)

Category: Gold and Silver


Gold Prices: What Today's Big Drop Means for Tomorrow
EWI's Metals Specialty Service reveals key price levels that would confirm whether gold's downtrend is picking up steam OR stalling out.

By Nico Isaac
12/4/2012 4:30:00 PM

On Dec. 4, one of the day's main financial news reports did not start off with words, but rather with 4 consecutive numbers: 1-7-0-0. What it represented? The all-eyes-are-watching event as gold prices dipped below the $1700 per ounce level.
 

Filed Under: aluminum, copper futures, Elliott wave, Gold, precious metals, silver, Traders, video

Category: Gold and Silver


"White Metal" Friday: High Ho Silver!
EWI's Metals Specialty Service uses objective Elliott wave analysis to navigate the near-term trend changes in silver

By Nico Isaac
11/26/2012 5:30:00 PM

The day after Thanksgiving, people lined up outside the virtual marketplace waiting anxiously for the opening bell to ring. Then when "the doors" finally opened, they raced down the aisles tossing one main product into their carts: silver.This isn't the retail buying binge of Black Friday. This was "White Metal" Friday when investors pushed silver prices up 2.5% percent to their highest level in 6 weeks.

Filed Under: Elliott wave, fundamental analysis, Gold, precious metals, silver, Traders

Category: Gold and Silver


Stocks, Gold, Silver Countdown to Fiscal "Cliff" – or Myth?
How to get everything the financial media fails to report

By Gary Grimes
11/20/2012 10:45:00 AM

There's been much ado about the "fiscal cliff," the scenario in which the Bush-era tax cuts expire and federal spending is cut – all automatically in the first two days of 2013. Yet, as soon as the Dow Industrials shot up more than 1% by midday Monday, Nov. 19, the media changed its tune.

Filed Under: debt crisis, Gold, silver, U.S. STOCK MARKET

Category: U.S. Economy


Market Insight: Gold and Silver Finish 5 Waves Down
Watch Elliott waves in action as the markets trade

By Vadim Pokhlebkin
11/7/2012 5:00:00 PM

November 7, Mike Drakulich, editor of EWI's Metals Specialty Service: "The most interesting aspect of my markets is gold and silver's 5-wave declines that were completed on Monday (Nov. 5)..."

Filed Under: Elliott wave, Elliott Wave trading, Gold, gold futures, silver, silver futures

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.