Platinum/Silver same long term bullish picture | 13 May
Platinum Silver ratio favors Pt longer term 13 May 2022 close: At the 13 May 2022 Friday close Platinum has shown a solid performance versus silver. The poicture looks a little more in favor of Silver short term but all medium and long term time intervals are now pointing up for Platinum vs Silver. Arguably a reason to have an […]
Continue...Gold/Platinum Ratio in favor of PT | 13 May 2022
Platinum allocation remains even more attractive 13 May 2022 close: Following a long period of weakness, Platinum is again looking more favourable and in tune with our longer term forecast. All time intervals, Daily, Weekly, Monthly and Quarterly look to have turned down with more pressure to be expected. Hence no change to our 1/3rd Pt allocation in total precious […]
Continue...Gold/Silver ratio strong weekly finish in favor of gold | 13 May 2022
Gold to Silver ratio begins to find longer term resistance 13 May 2022 close: The AU/AG ratio has also been subject to some of the wilder gyrations of the Silver price this year with Long term risk weight beginning to find more serious resistance in the 2019 consilidation area before the final major uptrend started in Febr 2020. Our experience […]
Continue...Platinum bullish outlook unchanged | 13 May
Physical Platinum is a key risk diversifier 13 May 2022 close Platinum remains one of our key risk diversifiers as the outlook for a return to it former President of Metals status still holds. As we show in the Platinum ratio blogs there is no reason to not see a return to at the least the average long term ratio […]
Continue...Silver, the worst hit precious metal | 13 May 2022
Silver: Short term Bullish, Longer term less bearish than Gold 13 May 2022 close: Not having made any changes to our portfolio, the geo political and world monetary pressures, which are very serious, has put our metals position on a firm hold. What we see today is no surprise either and we have seen it before. Both Silver ($20 chart […]
Continue...Gold looks technically weaker, but… | 13/5/22
Precious Metals long term wealth insurance 13 May 2022 close: Metals and especially silver suffered last week on higher interest rates and probably some general market nervousness. Our positions remain unchanged with an even 3 way balance between Gold, Silver and Platinum, where Platinum continues to look strong against Silver and Gold in spite of recent weakness. Technically Gold looks […]
Continue...Crypto Market Cap loses 50% in 4 1/2 months | 15 May
Crypto Market Cap loses 50% in 4 1/2 months | 15 May BEST, a better alternative crypto investment risk 15 May 2022: The broader market hit a fresh 1.1T low on Thursday with BEST following a market that felt out of control with even some panic selling in small cap tokens. The Crypto Market cap bottom print was 60% below […]
Continue...Late BTC whales may get cold feet | 9 May
BEST token also caught in Crypto malaise but is the more attractive alternative 9 May 2022: BEST has done reasonably well the past few weeks and more in line with our outlook. Today's action however was to be expected as the market broadly tanked with little exception. We still hold that Bitpanda's BEST is one of the very few more […]
Continue...Bitcoin down to $17500, BEST token to €3.00+ | 10 April
BEST token may attract more interest soon and significantly outperform Bitcoin 10 April 2022: Bitpanda's BEST turned slightly more positive at 5% up last week, whilst the broader crypto market declined a few percent. Bitpanda Pro appears to show better BEST market price support from the Bitpanda broker which is still the only market maker. That indicates perhaps several smaller […]
Continue...Crypto markets are hitting resistance | 02 April
BEST has underperformed and seeks wider European Bitpanda user participation BEST as an Ethereum blockchain token did underperform the broader crypto currency market by about 10%. Especially the major crypto currencies trading on their own blockchains recovered during March whilst BEST participation appears to have been diminishing to much lower levels since introduction. Broker activity looks to be mainly directed […]
Continue...Platinum/Silver same bullish picture | 01 April
Platinum Silver still on course to double from lows 01 April 2022 close: Platinum is developing a very similar technical picture against Silver as it has against Gold, looking to get low risk and ready for the next advance. As long as investors see no appetite for Platinum, and markets are clearly not very encouraging, the opportunity to enter a […]
Continue...Gold/Platinum Ratio firm in overbought reading
Platinum investment low risk versus Gold 01 April 2021 close: Our Platinum allocation had a bit of the bumpy ride the past few weeks. Whilst Pt rose sharply in the early days of the Russian invasion, the subsequent metals pullback against caused Platinum to lose all of its gains again and more to settle above the 1.90 level versus gold. […]
Continue...Platinum pressure looks like bottoming formation | 01 April
No Change to 1/3rd Platinum within total PM allocation 01 April 2022 close Platinum leading indicators are the low risk readings for Platinum versus Gold and Silver. The core USD market appears to have lost it completely with investors, yet this strongest peer within the precious metals space is holding its own trading with sharp corrections around the $1000 mark. […]
Continue...Silver flirts with one year chart resistance | 01 Apr 2022
Silver: Flirting with chart resistance at Q1 2022 end 01 April 2022 close: Since the Russian invasion of Ukraine Silver has been flirting with chart resistance currently around 24.85. It broke end of February of course but fell back again to continue range trading around this downsloping resistance which connects the January and April 2021 highs. Our metals position and […]
Continue...Gold remains key insurance coming into Q2 2022
Precious Metals still provide primary insurance 01 April 2022 close: Traditional market risk appears to be ignored whilst it feels like there is more global financial and geopolitical uncertainty than ever before. Market participants, whether in stocks, bonds, metals or crypto put full trust in their risk on positions across asset classes. This high risk and hugely opportunistic, in our […]
Continue...Crypto markets high risk as Ukraine war lasts | 25 Febr
BEST follows broader crypto market moves 27 Febr 2022: The situation in Ukraine has put crypto markets on high alert. This can go either way. Protection against monetary uncertainty and non-availability of banking facilities may see a flight into key crypto assets like Bitcoin, Ethereum and others or the opposite may happen. Our BEST portfolio is still performing well with […]
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