In a recent article from Streetwise Reports, Barry Dawes of Martin Place Securities discusses the current state of the gold and silver markets. He emphasizes that gold, referred to as the "Metal of Prosperity," is rising after decades of suppression. Dawes suggests that recent changes in U.S. economic policy are allowing commodity prices to reflect true supply and demand dynamics. He also notes that silver is following gold's upward movement, with mine production lower than a decade ago and demand growing in new uses.
In a recent article from Streetwise Reports, Barry Dawes of Martin Place Securities discusses the current state of gold stocks, noting that the 13-year downtrend has been broken and is now undergoing a backtest. He observes that while the market is in a significant bull phase, the direction of gold prices remains uncertain, with potential for a C wave decline. Dawes also highlights the varying performances of gold stocks across different markets, suggesting that inconsistent valuations indicate early stages of investor participation in this bull market.
Interviewed on Proactive Investors on Wednesday afternoon, Barry Dawes talks on Bulls, Bears & Brokers about his predictions regarding the gold rally that is happening now in the market.
https://youtu.be/D3vQW6o3_cM
As a long-time GoldBug, Mr Dawes has consistently read the gold market accurately and is happy to share his insights. Regular commentary has been provided through his stock market analysis "Dawes Points". He regularly suggests that, like himself, investors need to follow the markets, not the commentators.
Is Now The Time To Buy Gold?
If you have subscribed to Dawes Points or follow either MPS or Barry on Twitter, you would have received Wednesdays' commentary. Inspired by trends in the Gold price and in Gold Stocks, Barry's shows why he thinks it's a good time to Buy.
In fact, just in the process of accumulating the data for that issue saw the price jump 1 per cent, a definite sign of the gold rally!
Who Says This Is A Gold Rally?
The Dawes Points is an in-depth technical analysis of the stock market. The focus is usually on the effects world events have on the Australian stock market. Before starting his own firm Barry spent 30 years in investment management as a senior executive.
While his training as a geologist ensures Barry has an exceptional understanding of the resources industry. This is why when he gets excited, those around him get excited as well.
If you don't have time to read the full analysis, watch his latest interview to get the overview in under 5 minutes. And stay updated by following Barry on Twitter (where he regularly shares his favourite charts of the day).
How To Develop Your Own Analysis Strategy
To quote from the latest Dawes Points market commentary:
Watching the technicals of the price action of gold in US$ and also in other currencies helps a lot.
Watching gold stocks helps even more.
The Philadelphia Gold Index is the key index to watch. It has already broken out of its wedge and is showing leadership.
Bulls Bears & Brokers: Martin Place Securities Barry Dawes on market highs and lows and the Super Pit at Kalgoorlie
https://www.youtube.com/watch?v=vRTQhsEp6Ik
Renowned resources expert and stockbroker, Martin Place Securities executive chairman Barry Dawes, is interviewed on Proactive about the highs and lows of the markets.
Stock Market Highs & Lows
With record highs expected in the equity markets, Barry discusses what investors will likely see in the coming months looking at the bond markets and the volatility in currencies. You will also want to hear his commentary on commodities.
What affect will Saracen buying 50% of the Super Pit at Kalgoorlie have?
Gold Stocks
Although a fan of gold stocks, for obvious reasons, Barry shares his advice around investing in certain developers and emerging producers.
Barry Dawes recently spoke with Alan Kohler for the Top Stocks on "The Constant Investor".
If you're not already a subscriber (why not?!), you have still listen to Barry. We've been given free 24-hour access to The Constant Investor so that our clients can listen to episode.
Just click on this: https://theconstantinvestor.com/24-hour-free-pass/ and sign up.
The 24-hour free pass begins from the moment your registration is accepted and you'll then has access to the entire website. You can find Barry's interview here: https://theconstantinvestor.com/top-stocks/
Once you've got access, you can also listen to earlier interviews with Barry, including The Gold Spotlight
Published by Alan Kohler - August 27, 2016
Gold is in The Spotlight this week. I speak with Barry Dawes, Executive Chairman of investment firm Martin Place Securities. Barry is one of Australia’s best gold bulls and speaks about the precious metal as both a commodity and currency.
Gold is the true store of value and should be considered as a currency and never just another commodity. Its true purpose in turn is primarily a recognised and portable store of value and has been shown to be so for millennia. Today, whether it be necklaces in India, intricate figurines in China or coins in the West, gold is value, currency and status.
Read the full editorial by Barry Dawes on Mining News Net
