Peter Degraaf

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/.

Articles by Peter Degraaf

The last time our ‘Gold Direction Indicator’ was as positive as today, gold rose from $1220 to $1280. The date was July 12th and we wrote an article titled: “The Gold Direction Indicator Just Turned Positive”. Less than three weeks later ...
For the benefit of subscribers and to help yours truly to make good decisions, we plot an indicator with ten components on a daily basis, that we refer to as the GDI.  On Monday the GDI closed at 39% and on Tuesday it moved into positive...
Featured is a chart that compares the EURO to the US dollar.  When the trend is rising, it means the Euro is stronger than the US dollar and vice versa.  History tells us that gold has a tail wind when the trend here is upward bound, and a...
A few analysts are once again beating the drums for much lower gold and silver prices - supposedly just around the corner.  They mistake the testing of a recent breakout for a turnaround in the main trend. In the process they are sowing...
By listening to President-elect Trump, we can anticipate the effect his administration will have on the US economy. Here is what we know: Mr. Trump plans to beef up the military, and improve US infrastructure, including a wall at the...
Phase One began in January 2016…and slowed down from July until early October. (Charts in this commentary are courtesy Stockcharts.com, unless indicated). The first sign of a turnaround can be seen in this chart:
Technical Analysis of the gold sector reveals a number of red flags, such as negative COT numbers and a mining sector that is at least temporarily overbought, having more than doubled since January.
Well, your time has come! Gold is in the process of testing the February breakout at a very important moving average. Whenever the market tests a breakout, it affords those who missed the breakout an opportunity to get onboard, and it...
For years the best trading strategy in gold and silver has been to buy when the ‘net short’ position of commercial traders was low, and sell when the numbers were high.
Featured is the weekly gold chart. Price is carving out a large bullish falling wedge. The supporting indicators are positive, including the important A/D line. An upside breakout at the blue arrow is just 20.00 away! When this breakout...

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The total world's holdings of gold could be transported by a single solitary oil tanker.