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/.

Peter Degraaf Articles

It is generally agreed that in a Gold Bull Market, the gold producers lead the way, by outperforming gold bullion. To examine this trend we visit Stockcharts.com and pull up a chart that compares mining stocks (GDX) to gold bullion (GLD).
Featured is the weekly gold chart.  The green arrows point to ‘upside reversals’, developing after price dropped below the 50WMA.  The blue arrows point to a positive follow-through, following an upside reversal.  A similar situation back...
We’ve all watched in amazement, while the equities markets around the world have risen to new highs. On Wall Street hardly a week goes by without a new record. There comes a time however when a sector becomes so overbought, that smart...
Charts are fascinating! They reflect human action. We look at charts for direction, for support and resistance. Here is a chart (courtesy Stockcharts.com) that is just now in the process of showing a buy signal for gold mining stocks.
The Gold Direction Indicator has just turned positive again, at 71%. Featured is the daily gold chart. Price found support on Friday and produced an upside reversal. Then on Monday gold began to break out at the downtrendline. A close...
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...

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Throughout history the ruling class has always sought to own gold and silver because they represent purity and longevity.