Gold and Silver Update w/e 22nd April 2016 – by illuminati silver

Gold and Silver Update w/e 22nd April 2016 – by illuminati silver


Welcome to illuminati silver, we tell you
the truth about silver. Today is Saturday 23rd April 2016 and we are
providing our gold and silver update for week ending 22nd April.
Gold fell in US dollar terms last week by $10 from $1237 to $1227 an oz, having been
as high as $1270 and closing at its low for the week. In sterling terms gold fell by £19
and in Euro’s it fell by 3 Euros. Silver rose by 72 cents from $16.24 to $16.96,
having reached a high of $17.60 and a low of $16.14. In sterling terms it rose 34 pence,
and in Euros it rose by 0.71 Euros. The Gold to Silver Ratio fell from 76.17:1 to 72.35:1
The Dow Jones closed on Friday at 18,003 up 21 points on the day and up 106 points on
the week, and the NASDAQ closed at 4,906 down 39 for the day and down 32 points on the week.
Brent Crude was up a little over $2 at $45.11 and US Light Crude was up $3.37 at $43.73.
The dollar index stands at 95.12 that’s up 0.42 on the week.
The big news this week was the dramatic rise in silver which temporarily went above our
high range forecast of $17.50 albeit momentarily reaching 11 month highs this week. Deutsche
Bank foresees silver rising further – “We think momentum could carry silver as high
as $20/oz in the near term……However, in order to see a continued rerating of silver
versus gold, we need to see a number of financial conditions either continue or for momentum
to continue.” For now, a dovish Federal Reserve is helping gold.” Deutsche Bank
also looks for positive momentum in the U.S. and Chinese manufacturing purchasing managers
indexes, which bodes well for silver since more than half of its demand is industrial
in nature. However, French Investment and Bullion Bank
Natixis precious metals analyst Bernard Dahdah takes a different view – “Despite encouraging
figures in the Chinese market, the recent surge in the price is not backed by strong
fundamental demand that can justify such high prices……Indeed, US sales of electronics
– a key industrial use of silver – fell 2% per year in March, marking the 12th such
successive fall, while Singapore’s electronics exports fell 9% from the same month in 2015”
Noting how silver-backed ETF trust fund vehicles have added 1,300 tonnes of metal since the
start of March, Dahdah repeats his average 2016 price forecast of $14.50 per ounce, warning
that “Just as quickly as investors turned into a source of demand for silver earlier
in March, so they are able turn into a source of supply of the metal.”
Analysts at international bank and London bullion clearing member HSBC are quoted as
saying – “The gold rally is most under threat from the resurgence in investor risk appetite….The
move in stocks to fresh 2016 highs, if the run continues, may rob gold of some of the
oxygen it needs to continue to rally.” This is the news we discovered in our recent
visits. New trade data from Switzerland shows 44 tonnes
of gold exports to London last month, confirming bullion-industry reports that a lack of Asian
demand for 1-kilo investment bars has seen the world’s largest refineries converting
investment products back into large 400-ounce bars for wholesale storage in the UK.
So where does this all lead us – the answer is volatility. Yes prices, especially silver,
will be volatile as it attempts to correct its gold to silver ratio lag and satisfy short
term speculative investor demand. Some analysts are predicting we could see further rises
to $18 over the next 2 – 3 weeks and whilst this is indeed possible – we think that
is more likely than the $20 silver level that Deutsche bank is predicting.
So our suggestion is to await some fall backs and take that opportunity to purchase where
you can. There will be time during this year so there is no need to panic – remain patient
but remain alert. We hope you have found this video interesting
and informative and if so, please give it a thumb up and share it on twitter. Also kindly
visit our website at illuminatisilver.com and if you haven’t already done so please
subscribe as a free member for regular email updates and offers. Our Facebook page which
is updated daily can be found at facebook.com/illuminatisilver Disclaimer: Illuminati Silver owners come from a background
of Banking, International Wealth Management and Economics. Having now retired from these
worlds we are not qualified to give investment advice. Therefore, this and other productions
must not be deemed to be giving such advice and merely represent the personal views of
its owners.

30 Comments

  1. what do think about investing mainly in semi-numismatic coins like Perth Mint coins and pandas…I have been buying silver now for 5 years and learned the hard way, that there is a difference in which coins you buy for long term holding.

  2. Thanks for the update. I, too, am waiting for "the summer doldrums" to push the price a bit lower towards the usual fall drop-off point…but after that? I'm thinking that all bets are off…

  3. Thank you again for your interesting perspective ! As we move along I'm going to remove as much earwax to help me listen more closely .
    And sometimes depending on the source one has to read between the lines.

    Question ? , , , , Is it true that China may be setting a new PM standard of purity , , , IE : 99.9999 on coin identification ? ?,
    Also noticed that the new 2016 pandas now are being offered at 30 grams instead of 31 .

    You are right about the Maples and the Eagles , , , , ,however one of the reasons I like Maples is because of it's .9999 category.

    That new lower Gold to Silver ratio does get me excited !

    Thank you mucho, mucho.

    Armand

  4. If you could name 1 thing that changed your minds on the bearish outlook at the lows of 13.96 and such what was it that you felt the mkt revealed to your team that changed your posture? to bullish sentiment? aside from the price going up steadily what was you're clue? and thanks for the video as always. Im asking silver specifically

  5. Great video, the informative content of your videos is what makes this channel WAY better than many of the silver stacker videos on Youtube, thanks for your efforts making them.

    P/S: your British accent is cool

  6. Thanks for great video.  I want to make another purchase of PM.  Do u think I should go for gold or silver.  I have been stacking both for approx 6 months.  I haven't tried to sell any yet.  But I do think gold would be the easier to sell.  I also see the ratio of gold to silver is quite high at the minute.  Thanks in advance.

  7. sorry i forgot to share something, i think those dudes from the Rockefeller and the rothchilds and others are playing that game now to change the power of the currencies now.

  8. Keeping me on top of silver…your insight""…..has kept my investing timely and consistent …..great job from a learning listener….many thanks

  9. What a week for silver! My speculation is, that we have seen the bottom (for the next few years) at around 14 USD. But I know as litlle as the next guy.

    I am sure comentators will deliver the reasons why silver went up. As always market movements make the news.

  10. great vids always.
    I wish you would include a informative portion. examples would be a brief explanation of the comex.
    what is the London fix? what is gold leasing. etc. I enjoy very much your presentation.
    many elements however escape my grasp. I would listen to any teaching moments you might care to explain. great work.

  11. Why would China need to import Gold? They are the world's biggest gold producer on Earth. Second, you say that you are long-term Silver bulls. Well, based off your comments, you say Silver will rise either with economic collapse or improving world economies. If you say improving world economies, we will all be in the grave and Silver will still be trading at or near $20/oz. Now, I'm no banker and I don't pretend to be one either, but basic math tells me the current financial system is unsustainable. The world has never seen debt levels at this extreme, and if you would have forecasted central banks adopting negative rates 5 years ago, you would have been committed. Now, roughly 40% of bonds are in negative territory.Curious as to your thoughts on these issues.

  12. It is spoken as factual by illuminati silver that financial conditions and/or the momentum of any particular sentiment towards anything traded in this current market, and or currencies is directly linked to Silver and Gold. Which, if you participate within this most corrupt, greed and criminal 'market' system, then it is certainly so (for you). We know that you can not change this fact; an ounce of gold/silver, is an ounce of gold/silver at the end of the day (the final truth) and has nothing to do with any man made fiat currency, and/or the Rothschild successful direct lobbying of Margaret Thatcher to trade unallocated paper (promises) for gold in the markets… The corrupt manipulation of market prices… The corrupt Rothschild banks… etc. etc. etc.

    Gold and Silver have existed as a store of value in weight long before this corrupt 'market', fiat currencies, corrupt banks and Governments, and shall remain so long after. This is truth at its core and as the foundation of what is 'real' and in accord with the LAW (principles of truth)/Nature.

    We suggest to all that read this; As long as you can purchase and physically hold Gold/Silver with paper, that you do so while you can, if you seek to have any form of value when the masks are removed to reveal those that have led man across a 'Rubicon' through deceit, greed, corruption… evil. Furthermore, we suggest that you liquidate the false (currencies) while they still have value to trade in. In the end, what do you have? You. So, who are you? What truths, value, essential knowledge, principles, ideals, convictions, substance and integrity do you exhibit and express as you conduct yourself in this life? This is what you shall reap in abundance, or lack of, and why it is so. You, in the end, are the holder of all perception as to anything under the sun. "The ALL is mind, the Universe is Mental."

    Think well, be well.

  13. If industrial demand has fallen yet the price continues to rise then it's possible investor demand is more than making up the slack. Plus there will also be industrial demand squeezing further once key resistance levels are broken to ensure their forward demand. Pull back would be healthy and provide further top up opportunities as you say. Cheers IS.

  14. Last year you said silver will go under $10, now you say silver will go $20. All market is manipulated stocks, gold, silver, ETF etc. Even you don't know you are guessing.

  15. very informative video as always. maybe see 17.50 again. also i hope you do another share of your small silver purchases at the end of the year.

  16. I enjoy and appreciate your videos. I am hoping that i am buying 'right or correctly' I buy the cheapest silver I can…Provident prospectors, Sunshine Minting (eagles), one oz generic bars and generic 10oz bars. More bang for the buck?

  17. All this talk about lack of demand for gold and silver and I'm just wondering why my brokerage account looks so good after buying a couple of mining stocks a few weeks ago. :-)… I come back here every once in a while for a laugh as the price of silver and gold go up…

  18. This video makes every message possible to try and discourage the buying of silver without being to obvious. The general message is wait or be cautious, think about buying silver before you make a move to do so. I say horse shit. Yes you can wait and buy silver. Wait until the dollar collapses and you can't buy any at all with the useless paper you have. The bottom in silver has come and gone, it only has one way to go from here. If you believe this bullshit then you will loose out. Makes me more then wonder who is behind making this video and in fact i am quite sure the answer is in the name itself. The powers that be don't want you to own or buy silver and are trying to discourage everyone from doing so for as long as they can.

  19. I hear silver in the $300 range in 10 years because of solar panels. I don't know if its true but it is interesting. Green energy companies may be stockpiling now in preparation for future production. We'll see.

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