{"id":132666,"date":"2018-08-27T09:31:35","date_gmt":"2018-08-27T13:31:35","guid":{"rendered":"https:\/\/www.countingpips.com\/?p=132666"},"modified":"2018-08-27T09:31:35","modified_gmt":"2018-08-27T13:31:35","slug":"the-gold-silver-setup-today-vs-2008","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2018\/08\/the-gold-silver-setup-today-vs-2008\/","title":{"rendered":"The Gold &#038; Silver Setup Today vs. 2008"},"content":{"rendered":"<div id=\"inves-2021348600\" class=\"inves-below-title-posts inves-entity-placement\"><div id =\"posts_date_custom\"><div align=\"left\">August 27, 2018<\/div><hr style=\"border: none; border-bottom: 3px solid black;\">\r\n<\/div><\/div><p><b>By Money Metals News Service<\/b><\/p>\n<p>While many investors still believe that gold and silver will crash along with the markets as they did in 2008, I think we may see quite the opposite. In this video update, I provide even more important information on why the gold and silver setup today is much different than it was in 2008.<\/p>\n<p>Also, it&rsquo;s important to understand that when I discuss this information, I am not concerned about what happens to the precious metals or the markets today, tomorrow, next week or even next month. Rather, I am focused on the long-term trend change. Which is precisely why I show these charts using a &ldquo;monthly timeframe.&rdquo;<\/p>\n<p>Furthermore, I answered the question by many commenters in the previous video on the validity of a &ldquo;200 Month Moving Average.&rdquo; Yes, there is such a thing, and if you watch the video, you will find out why there is and why it&rsquo;s important to use it as a guide for changes in long-term trends:<\/p>\n<div style=\"margin-bottom: 15px;\" class=\"embed-responsive embed-responsive-16by9\"><iframe loading=\"lazy\" width=\"300\" height=\"150\" class=\"embed-responsive-item\" src=\"https:\/\/www.youtube.com\/embed\/QhwsTrurDRk\"><\/iframe><\/div>\n<p>In the video, I explain why the gold and silver price is currently searching for a BOTTOM, while they were extremely OVERBOUGHT in 2008 (as well as in 2011, technically speaking). Please understand, I am not saying gold and silver can&rsquo;t go lower, but the indicators don&rsquo;t point to a massive selloff as they did in 2008 because both precious metals have been in a 7-year bear market, not a 7-year bull market as they were from 2001-2008.<\/p>\n<p>One of the charts I explain in the video is the Dow Jones-Gold Ratio. This is just dividing the Dow Jones Index by the gold price. Currently, the Dow Jones Index can buy 21.3 oz of gold versus 6 oz of gold at the peak in 2011 and 2.5 oz of gold in 1981.<\/p><div id=\"inves-985999015\" class=\"inves-in-content inves-entity-placement\"><hr style=\"border: 1px solid #ddd;\">\r\n<div id=\"inpost_ads_header\">\r\n<p style=\"font-size:10px; float:left; color:#666;\">Free Reports:<\/p><\/div>\r\n<div id=\"inpost_ads\"> \r\n<p style=\"font-size:15px; float:left;\"><a href=\"https:\/\/goo.gl\/1ApBOV\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/investmacro.com\/wp-content\/uploads\/2018\/06\/graph_techs_PD.png\" align=\"left\" width=\"80\"  height=\"55\"\/><\/a>\r\n\t     <a href=\"https:\/\/goo.gl\/1ApBOV\"><b><u>Get Our Free Metatrader 4 Indicators<\/u><\/b><\/a> - Put Our Free MetaTrader 4 Custom Indicators on your charts when you join our Weekly Newsletter<\/p><br><br>\r\n<br>\r\n<br>\r\n<p style=\"font-size:15px; float:left;\"><a href=\"https:\/\/goo.gl\/f3RrHX\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/investmacro.com\/wp-content\/uploads\/2019\/01\/cot_pie_80.png\" align=\"left\" width=\"80\"  height=\"55\"\/><\/a>\r\n\t    <a href=\"https:\/\/goo.gl\/f3RrHX\"><b><u>Get our Weekly Commitment of Traders Reports<\/u><\/b><\/a> - See where the biggest traders (Hedge Funds and Commercial Hedgers) are positioned in the futures markets on a weekly basis.<\/p><br><br>\r\n<\/div>\r\n<hr style=\"border: 1px solid #ddd;\">\r\n<br><\/div>\n<p><img decoding=\"async\" class=\"img-responsive center\" src=\"https:\/\/www.moneymetals.com\/uploads\/content\/180822-gold-dow-jones.jpg\" alt=\"Dow Jones Industrial Average\/Gold - August 22, 2018\" \/><\/p>\n<p>Lastly, I really believe we are going to see one heck of a GOLD &amp; SILVER BREAKOUT after the markets correct and crash lower. Not only will we likely see a considerable increase in physical gold and silver investment demand, but we will also experience a tremendous run-up of the precious metals mining companies.<\/p>\n<hr>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/countingpips.com\/articles-analysis\/wp-content\/uploads\/2016\/03\/money-metals.png\" align=\"left\" height=\"79\" width=\"80\"> The Money Metals News Service provides market news and crisp commentary for investors following the precious metals markets.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Money Metals News Service While many investors still believe that gold and silver will crash along with the markets as they did in 2008, I think we may see quite the opposite. In this video update, I provide even more important information on why the gold and silver setup today is much different than [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-132666","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/132666","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/comments?post=132666"}],"version-history":[{"count":1,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/132666\/revisions"}],"predecessor-version":[{"id":132667,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/132666\/revisions\/132667"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=132666"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=132666"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=132666"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}