Peter Degraaf
Technical Analyst, Precious Metal Investor & Author
Peter Degraaf became interested in silver and gold when the Governments of the US and Canada proceeded to remove silver coinage from circulation in the mid 1960s.
He noticed the effect of Gresham’s law: “Bad money drives out good.” He became a coin dealer, attending coin shows all over The US and Canada. In 2001 he semi-retired from coin sales and concentrated on investing in precious metals. He mastered the art of technical analysis and applies this to his investments. In 2001 he started publishing a daily and weekly market report. His website is at http://www.pdegraaf.com/.
Peter Degraaf Articles
“You have a choice between the natural stability of gold and the honesty and intelligence of the members of government. And with all due respect for those gentlemen, I advise you, as long as the capitalist system lasts, vote for gold...
The current correction in gold started in August 2011 and has now gone on for 112 weeks – (it most likely bottomed on June 28th). This has been the longest correction since the current bull market started in 2002. The correction of 2006...
Featured is the weekly gold chart, with the US dollar at the top. The rising dotted lines in the gold chart coincide with falling dotted lines in the US dollar index chart. The long uptrend line supporting the dollar coincides with the...
This chart courtesy Federal Reserve Bank of St. Louis shows the US Monetary Base continues to rise exponentially. This is one of five major (along with many minor) central banks that are daily adding to the money supply of the world. ...
The price of gold reached an all-time high of $1925 on September 6th 2011. Since then the price dropped to a low point of $1321 on April 16th 2013. A correction of 45% during a bull market is not unusual; as painful as it is for gold...
Featured is the weekly gold chart, with the US dollar at the top. Five times during the past five years did gold and the US dollar rise in tandem. The sixth time could happen any day. In 1973 and in 2005, gold and the mining stocks...
Featured is the weekly gold chart, with the US dollar at the top. Five times during the past five years did gold and the US dollar rise in tandem. The sixth time could happen any day. In 1973 and in 2005, gold and the mining stocks rose...
The great Khan (Chinese ruler), causes the bark of trees, made into something like paper, to pass for money all over his country." …Marco POLO, (1254 - 1324 Traveling explorer from Venice).
Charts presented in this report are courtesy Stockcharts.com unless indicated.
Monetary
Charts presented in this report are courtesy Stockcharts.com unless indicated.
This chart courtesy Federal Reserve Bank of St. Louis, shows the
Monetary
