Elliott Wave InternationalmyEWISocioniomics.Net

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


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


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


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


Silver: "It Doesn’t Get Any More Important Than This"
EWI’s Metals Specialty Service reveals why it’s do-or-die time for a strong move in silver prices.

By Nico Isaac
4/23/2012 5:45:00 PM

“Tank.” “Suffer.” “Battered to a pulp.” -- these are just a few of the colorful media phrases used to describe the recent performance of silver. As of April 23, silver prices were clinging to the rafters of a three-month low. Here’s another word: “Surprise.” Fact is, for many mainstream experts, silver’s downtrend was not in the "fundamental" cards.

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

Category: Gold and Silver


When Will Silver Put Its Historic September Sell-Off Behind It?
EWI's Metals Specialty Service reveals whether silver prices are set to shine again

By Nico Isaac
10/18/2011 3:30:00 PM

For silver, September 2011 was one for the record books. It all started on September 22, when the enduring ascent of silver prices came to a screeching halt. In just 5 days that followed, the metal experienced its sharpest dollar-decline in 32 years, all the while erasing 1/3 of its value. And, judging from Google news archives, silver's rout hit much of the financial mainstream like a cartoon anvil on the head.

Filed Under: silver futures

Category: Gold and Silver


Did the Recent 7-week Rally Lull You to Sleep?
Here's why you SHOULDN'T get too comfortable

By Vadim Pokhlebkin
9/26/2011 4:00:00 PM

Bear markets are cunning beasts. Don't get me wrong -- we are not in the bear market territory yet. At least, not officially. But look at this chart of the DJIA...

 

Filed Under: Bear market, debt crisis, deflation, Dow Jones Industrial Average (DJIA), Elliott wave, Elliott Wave trading, Gold, gold futures, inflation, Nasdaq Composite, Robert Prechter, S&P 500, safe haven, silver, silver futures, U.S. dollar

Category: Stocks


Gold's Sinkhole: Unprecedented $120 Plunge in One Day
What told EWI's Metals Specialty Service editor to expect gold's dramatic selloff?

By Nico Isaac
9/26/2011 3:45:00 PM

The giant sinkhole in gold prices keeps yawning wider. Since kicking into low-gear on September 22, gold prices have plunged 9% in their steepest three-day drop in 28 years. On September 23, gold endured a never-before-seen $120/day intraday wipeout. EWI's Metals Specialty Service might have some answers for you...

Filed Under: debt crisis, deflation, Elliott wave, Elliott Wave trading, gold futures, inflation, safe haven, silver, silver futures

Category: Gold and Silver


Gold Touches Important Trendline: What Now?
EWI's intensive Metals Specialty Service brings you unconventional perspectives on gold and silver

By Vadim Pokhlebkin
8/23/2011 4:30:00 PM

Most analysts and investors spend time debating about this or that "fundamental," which did (or maybe didn't) push the price of gold higher (or lower). But there is a more objective way to analyze precious metals: technical analysis. Editor of EWI's intensive Metals Specialty Service Mike Drakulich employs Elliott waves -- which rely on a defined, objective set of rules and guidelines...

Filed Under: copper futures, Elliott Wave trading, futures trading, Gold, gold futures, silver, silver futures, trendlines

Category: Gold and Silver


Why We Are On "High Alert" For Silver
EWI's Metals Specialty Service reveals two compelling reasons to keep your eyes glued to silver

By Nico Isaac
7/25/2011 4:30:00 PM

Today I'm talking with EWI's Metals Specialty Service editor Mike Drakulich about where the next near-term opportunity could arise. Question: If the world of metals was a vegetable garden, which market's price action is fully ripened on its vine and ready for picking?
Mike Drakulich: That's easy. I am on very high alert in silver.

Filed Under: Elliott Wave trading, Relative Strength Index (RSI), silver, silver futures

Category: Gold and Silver


What Happened to "Silver Mania"?
Every Investment Mania Ends the Same Way

By Bob Stokes
6/27/2011 1:00:00 PM

Silver's near-vertical price rise was akin to other manias, in the distant and recent past. See the chart ...

Filed Under: Elliott Wave trading, Nasdaq Composite, Nikkei, Shanghai Composite Index, silver, silver futures, technical analysis, Traders

Category: Gold and Silver


Silver Prices Keep Sliding: Lasting Change OR Time To Buy?
EWI's Metals Specialty Service continues to alert subscribers to potential big turns in silver

By Nico Isaac
5/12/2011 4:30:00 PM

Over the last two weeks, the silver market has gone from "red-hot" to "black hole." Since rocketing to a 31-year high on April 25, silver prices have plunged 30%-plus in their biggest decline since big hair and bangles were all the fashion: circa 1980. But is silver's recent reversal actually a "shock"? Answer: Yes, and no. For those who kept their ear to the ground beneath Wall Street, it most definitely is.

Filed Under: Elliott Wave trading, silver futures, Wall Street

Category: Gold and Silver


Will Silver Speculators Bring Back the Bubble?
Silver's Rise and Fall: Learn the True "Why"

By Bob Stokes
5/9/2011 4:45:00 PM

Do "margin requirements" explain the metal's swift price tumble? The just-published May Financial Forecast says...

Filed Under: gold futures, mania, short selling, silver, silver futures

Category: Gold and Silver


Gold and Silver: Why Are Prices Falling?
The timeline of the selloff reveals whether the recent news headlines are the real culprit

By Vadim Pokhlebkin
5/5/2011 3:30:00 PM

Gold and silver fell hard again on May 5: Gold touched an intraday low of $1463 per ounce (from $1,577 on May 2), and silver fell as low as $35 an ounce (from $49 on April 25.) Investors want explanations, and here are some of the more popular ones...

Filed Under: diversification, Elliott wave, gold futures, hedge funds, inflation, mania, market crash, market manipulation, safe haven, short selling, silver futures, U.S. dollar, volatility

Category: Gold and Silver


Silver's 13% Intraday Drop: Just A "Flash Crash" In the Pan?
EWI's Metals Specialty Service reveals whether silver's parabolic rise is coming to an end -- or set to continue.

By Nico Isaac
5/2/2011 3:45:00 PM

On April 29, people all across the globe tuned into the 24-hour media coverage surrounding one main celebration -- and no, I'm not talking about the Royal Wedding at Buckingham Palace. The other widely watched event did not take place on Westminster Abbey, but rather on Wall Street. There, silver was crowned "king" of the precious metals after soaring to its highest level in more than three decades. In the last year alone, silver prices have surged 148%, officially dethroning the prior metal monarch, gold. (Gold has rallied 29% over the same period.)

Filed Under: Federal Open Market Committee (FOMC), gold futures, silver futures, Wall Street, Elliott Wave trading

Category: Gold and Silver


One "Combination" To Unlock the "Safe" of Gold and Silver's Price Trends
Elliott Wave International's newest free "Gold & Silver eBook" reveals how wave analysts stayed a step ahead of precious metals' turns in 2002, 2010 and 2011

By Nico Isaac
4/21/2011 4:15:00 PM

When it comes right down to it, trading in precious metals is not for the faint of heart. Often times, it can feel like there's a ticking time bomb of volatility super-glued to the "safe" of gold and silver's price trends. If you don't crack the code fast enough, the opportunity to position for near-term turns blows up in your face.

Filed Under: fundamental analysis, gold futures, silver futures

Category: Gold and Silver


Silver Price News: Reaching Resistance 4 Times
Just How Unusual is This Price Action

By Bob Stokes
2/17/2011 5:30:00 PM

"Fantastic Four" is the number of times the precious metal has approached a line of resistance that goes back several years. The fourth time is happening now; and a quadruple climb of this kind is unusual indeed.  Our Elliott wave expert provides this commentary...

Filed Under: Elliott Wave Principle, gold futures, investor psychology, momentum, Short Term Update, silver futures, technical analysis, technical indicators, trendlines

Category: Gold and Silver


Spike in Silver: Watching Emotion in Action
What's Up (or Down) with the Silver Trade?

By Bob Stokes
1/25/2011 6:15:00 PM

Since silver's high a relative few days ago,, spot prices have fallen below $27. Is the emotion which saw silver rise 83 percent in 2010 going to re-assert itself again in 2011? Or has the emotion been "spent?"...

Filed Under: Elliott Wave Principle, market forecasts, momentum, Robert Prechter, silver futures, technical analysis, volatility

Category: Gold and Silver


Silver and Gold Sinking: A Buying Opportunity?
At a time when gold bugs see every price dip as a buying opportunity, it's important to look at a larger picture

By Vadim Pokhlebkin
1/14/2011 6:00:00 PM

You wouldn't know it by looking at all the "We Buy Gold!" ads on late-night TV and your local pawn shops, but gold and silver have sold off hard since the beginning of the year. Why are precious metals falling? "Growing investor confidence," say the mainstream experts. But if you're looking for an independent perspective, you've come to the right place.

Filed Under: Ben Bernanke, gold futures, gross domestic product (GDP), hyperinflation, inflation, Robert Prechter, safe haven, sentiment, silver futures, Sovereign Debt, technical analysis

Category: Gold and Silver


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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.