Category: Gold & Silver 2009
The analysis published under this category are as follows.
Friday, April 17, 2009
Precious Metals vs A One Global Currency / Commodities / Gold & Silver 2009
By: David_Morgan
An article on Reuters recently indicated a United Nations panel has decided much of the world would like to move away from the American currency as the world’s reserve currency. This panel wanted to look into a “basket of currencies” or perhaps another entirely different, new currency to replace the U.S. dollar. Additionally, both the Russians and Chinese have indicated similar concerns.
Thursday, April 16, 2009
Gold and Gold Stocks Should Do Well During Economic Depression / Commodities / Gold & Silver 2009
By: Submissions
I. M. Vronsky writes: As you well know the financial press is overly harping the theme of another Great Depression. One can make a logical case that it will happen, as well as it will probably not happen. To be sure the Herculean efforts by the Obama Administration and China et all imply that we are at the very precipice of 1930s like scenario. Frankly, I do not believe another Great Depression will develop, but I do know gold stocks will do well one way or the other. In this regard I hope MARKET ORACLE might consider an old article of mine for publication as it proves gold and in particular gold stocks should do well in a Great Depression. Read full article... Read full article...
Thursday, April 16, 2009
Gold, Silver and Crude Oil Markets Update / Commodities / Gold & Silver 2009
By: Chris_Vermeulen
So far this week has been very tame as traders are sit on the side lines, waiting to see which way everything will go. I have posted a few charts so we can keep tabs on where gold, silver and oil are currently trading as we go into the second half of the trading week.
Thursday, April 16, 2009
Gold Sentiment and its Relative Trend Picture / Commodities / Gold & Silver 2009
By: Jordan_Roy_Byrne
While I continue to believe that the next breakout in Gold is still months away, we have seen in just a short while, some very encouraging signs on the sentiment front. Accumulating is certainly a wiser prospect now that the luster of the metals has faded yet only superficially.
Thursday, April 16, 2009
Gold Attempting to Consolidate at Lower Levels / Commodities / Gold & Silver 2009
By: Mark_OByrne
Gold and silver rose marginally in US trading yesterday and have largely traded sideways in Asian and European trading. Gold appears to be consolidating in the $865/oz to $900/oz region and needs a higher weekly close (above $883/oz) and then a close above $900/oz to look good from a technical perspective. This looks quite possible but there are very determined sellers at the $900/oz level who have so far impeded gold’s advance.Read full article... Read full article...
Tuesday, April 14, 2009
Gold Follows Stocks Lower as U.S. Dollar Strengthens / Commodities / Gold & Silver 2009
By: Adrian_Ash
THE SPOT PRICE of physical gold slipped out of a tight range at the start of New York trade Tuesday morning, holding onto half of yesterday's 1.4% rise as world stock markets reversed early gains and the US Dollar clawed back half of its near-2% loss to the Euro.Read full article... Read full article...
Tuesday, April 14, 2009
Gold and Silver Rise on General Motors Bankruptcy Fears / Commodities / Gold & Silver 2009
By: Mark_OByrne
Gold and silver rose yesterday as stocks came under pressure with increasing fears regarding General Motors possible bankruptcy. Ostensibly positive news from the financials (Wells Fargo and Goldman Sachs) has lifted markets in recent days but there are concerns that the positive results may have had more to do with government largesse (with tax payers money) and innovative accounting rather than any meaningful return to profitability. The rest of the reporting season is unlikely to be so positive as companies and sectors not bailed out and supported by government are set to struggle which will likely see stocks under pressure again.Read full article... Read full article...
Monday, April 13, 2009
Follow the Yellow Brick Road of Gold, Peace And Prosperity / Commodities / Gold & Silver 2009
By: Darryl_R_Schoon
Professor Antal E. Fekete’s paper, The Marginal Productivity of Debt – Why Obama’s Stimulus Package Is Doomed to Failure, ends with the following paragraph: Indeed, the financial and economic collapse of the last two years must be seen as part of the progressive disintegration of Western civilization that started with government sabotage of the gold standard early in the twentieth century. Ben Bernanke, who should have been fired by the new president on the day after Inauguration for his part in causing irreparable damage to the American republic may, in the end, have the honor to administer the coup de grâce to our civilization.Read full article... Read full article...
Sunday, April 12, 2009
Gold and Crude Oil at Critical Tipping Point / Commodities / Gold & Silver 2009
By: Chris_Vermeulen
Gold and oil traders have been on edge for the past few weeks wondering if prices will drop or rally from this correction/pause in prices. You will see in the charts below that gold and oil are at points where they could go either way very quickly. The are currently balancing at key technical points and we will wait for the tipping point.Read full article... Read full article...
Sunday, April 12, 2009
Gold Some Room for Upside Action / Commodities / Gold & Silver 2009
By: Merv_Burak
Other than the sharp drop on Monday it was a quiet week for gold. The volume suggested most traders left the market for the Easter vacation. Next week is another week.Read full article... Read full article...
Saturday, April 11, 2009
Silver Outlook Strongly Bullish / Commodities / Gold & Silver 2009
By: Clive_Maund
The outlook for silver is viewed as very bullish, with a fine Cup and Handle base now approaching completion, that is shown on the accompanying 1-year silver chart. There are a number of interesting observations that we can make looking at this chart. The first is that once silver broke below what was strong support at the $16 level back last August it went into a severe decline. After initially plunging the rate of decline eased off as it started to form a bowl shaped bottom area that togethor with the recent reaction we can define as a Cup and Handle base. Read full article... Read full article...
Saturday, April 11, 2009
Gold Bullish Factors Suggest Downtrend Near Bottom / Commodities / Gold & Silver 2009
By: Clive_Maund
Why can't folks break the habit of being so pessimistic at market bottoms? Not that we're complaining, if they did that would be one less thing that we'd have to go on. With people writing in to say that gold is going to $800, or $700, things are definitely looking up. Funny that, I don't recall them writing in with these targets when gold touched $1000 in mid-February. Sentiment stinks, which is something that emboldens us. Earlier on, we had been in the pessimistic camp too as the pattern that has formed in gold from mid-January does look like a Head-and-Shoulders top that would project the price down to at least $800, but a confluence of bullish factors suggests that we are very close to a bottom, right now. Read full article... Read full article...
Saturday, April 11, 2009
Gold the Real Win Win Investment / Commodities / Gold & Silver 2009
By: Money_and_Markets
Larry Edelson writes: The Dow has just put in its biggest four-week gain since the bottom of the Depression in 1933, roaring more than 19 percent off its March 9 low.
Natural resources are also plowing higher, with oil leading the way — jumping more than 8 percent in a single day last week. The U.S. dollar, too, is acting as I forecast. It's starting to slide, albeit slowly, back into its long-term downtrend.
Read full article... Read full article...
Saturday, April 11, 2009
Gold, Inflation and the Casino Capitalism House of Cards / Commodities / Gold & Silver 2009
By: The_Gold_Report
Members of the G20 have announced they will, as necessary, reflate their economies to create liquidity, unfreeze credit and restore global economic growth. But can reflation, whether through fiscal expansion, money printing or “quantitative easing,” be introduced without accompanying inflation? John Katz, analyst, writer and blogger for www.thegoldwatcher.com addresses this question in the following article and asks, “will this all end with a house of cards collapse?” Read full article... Read full article...
Friday, April 10, 2009
The Inflationary Depression and Reflating the Bubble / Commodities / Gold & Silver 2009
By: The_Gold_Report
Amid an "inflationary depression" in the U.S., Peter Schiff, president and chief global strategist of Euro Pacific Capital, sees opportunities in the maelstrom. Facing a massive redistribution of wealth, he advises investors to act quickly and "divest U.S. dollar assets into physical precious metals, other currencies and equities outside the United States." In this exclusive interview with The Gold Report, the widely-quoted expert on money, economic theory and international investing discusses what led up to our current "phony economy" and how investors can actually profit from the crisis. Read full article... Read full article...
Friday, April 10, 2009
Silver Bull Market- Ellis Martin Interviews David Morgan / Commodities / Gold & Silver 2009
By: David_Morgan
Ellis Martin, president and CEO of Sol Media International Ltd, created The Opportunity Show in 1999 as a successful terrestrial radio resource for small and mid-cap public companies seeking to vastly expand their shareholder base as they in turn grow their companies. The Opportunity Show airs throughout North America and is currently positioned for expansion into Europe, Australia , and Asia . Prior to that, Mr. Martin served as senior vice president for the Phoenix Media Group in Burbank, California, station manager for WHB-AM in Kansas City, Missouri, instructor/lecturer for the Academy of Radio Broadcasting in Huntington Beach, California, and a variety of broadcasting positions across the U.S. Mr. Martin has been an entrepreneur with interests in media, entertainment, and financial concerns since 1978. Read full article... Read full article...
Thursday, April 09, 2009
The Creation of a Truly Global Currency with Gold Backing / Commodities / Gold & Silver 2009
By: Julian_DW_Phillips
Russia has proposed that the I.M.F. created, synthetic currency [Special Drawing Rights], with changes [Gold backing], be adopted by the world to replace the U.S.$ as the world's prime reserve currency. Both China and Russia proposed new currencies, not so much in the hope that their proposals will be accepted, but bringing to the attention of the world that the $ is losing credibility and not serving the role is should as the world's reserve currency. Read full article... Read full article...
Thursday, April 09, 2009
The Creation of a Truly Global Currency with Gold Backing / Commodities / Gold & Silver 2009
By: Julian_DW_Phillips
Russia has proposed that the I.M.F. created, synthetic currency [Special Drawing Rights], with changes [Gold backing], be adopted by the world to replace the U.S.$ as the world's prime reserve currency. Both China and Russia proposed new currencies, not so much in the hope that their proposals will be accepted, but bringing to the attention of the world that the $ is losing credibility and not serving the role is should as the world's reserve currency. Read full article... Read full article...
Thursday, April 09, 2009
What is Gold Going to do Next? / Commodities / Gold & Silver 2009
By: Chris_Vermeulen
This week in gold we have seen prices drop lower creating a lower low. This is generally not a good sign if we want to see higher prices in bullion and gold stocks. That being said, a lot of traders are now starting to short gold because is has filling its gap lower which occurred Monday at the open due to over night commodity prices. Read full article... Read full article...
Wednesday, April 08, 2009
U Can't touch Gold $1,000 says the Hammer. But everyone's got their deal price... / Commodities / Gold & Silver 2009
By: Adrian_Ash
"INVESTORS will drive the next leg of this bull market in gold," said Philip Klapwijk, chairman of GFMS, at the London-based research consultancy's Gold Survey launch in Canary Wharf on Tuesday, "setting a new high above $1,000 in 2009 and with a real possibility of $1,100 per ounce." Read full article... Read full article...