Category: Gold & Silver 2009
The analysis published under this category are as follows.
Thursday, January 22, 2009
Does Gold Price Manipulation Render Technical Analysis Obsolete? / Commodities / Gold & Silver 2009
By: Peter_Degraaf
Hardly day goes by without one of my subscribers asking me the above question. In this article I will attempt to provide some answers.
The fact that manipulation exists has been well documented; first by Frank Veneroso, later by John Embry, while he was Portfolio Manager at RBC Global Investment Fund.
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Thursday, January 22, 2009
The Six Biggest Myths About Gold / Commodities / Gold & Silver 2009
By: Nick_Barisheff
Gold. People either love it or hate it. There aren't many who feel ambivalent toward it. Unfortunately, gold is deeply misunuderstood by investors, and that misunderstanding is hurting their portfolio returns. Many in the inuvestment community trot out the old myths about gold: that it is a bad investment; that it is very risky; that it is not a good inflation hedge. But is there anything behind these assertions? If investors take the time to examine the facts, these commonly held beliefs simply do not stand up to scrutiny. It is precisely because these myths have become so prevalent that gold is still undervalued. Once the general public realizes these beliefs are not valid, the price of gold will be much higher. Read full article... Read full article...
Wednesday, January 21, 2009
Gold Safehaven as U.S. and UK Head for Bond Default and Devaluation / Commodities / Gold & Silver 2009
By: Adrian_Ash
The PRICE of WHOLESALE GOLD BULLION clung onto Tuesday's sharp 4% gains early in London today, adding to the "Obama Bounce" for Euro and UK investors while world stock markets fell for the ninth session in thirteen during 2009 so far."Gold experienced massive fund buying when New York markets opened" yesterday, notes Walter de Wet, senior commodities analyst for Standard Bank in Johannesburg.
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Wednesday, January 21, 2009
Gold and GLD Poised To Breakout Higher / Commodities / Gold & Silver 2009
By: Kingsley_Anderson
As the equity markets continue their death spiral, gold becomes more attractive. This argument is clearly demonstrated by the chart. At this point, the Street TRACKS Gold Trust Shares (GLD) chart indicates Gold may be poised to go higher. Read full article... Read full article...
Tuesday, January 20, 2009
Silver Heading for Out-performance Against Gold During 2009 / Commodities / Gold & Silver 2009
By: Clive_Maund
Silver did as predicted in the last update, dropping back towards $10 from the then price at $11.50. It got down to about $10.20 and then bounced. Now it is clearly rounding over beneath a small Dome distribution pattern, marking out what looks like a small Head-and-Shoulders top. Thus, we can expect a retest of the support in the $10.20 area soon, and should this fail then silver is likely to drop back to the next significant support level near last year's lows in the $8.50 - $9.00 area. Read full article... Read full article...
Tuesday, January 20, 2009
Gold, U.S. Dollar and Treasuries Head and Shoulder Price Patterns / Commodities / Gold & Silver 2009
By: Clive_Maund
The 3 main predictions made over the past several weeks have come to pass - bonds have topped out and come close to completing a Head-and-Shoulders reversal, the dollar index has rallied further to our target in the 84 - 85 area and gold and silver have reacted, with silver reacting mildly compared to gold, also as predicted. The question now of course, particularly after the strong gains on Friday, is whether the reaction in the Precious Metals sector has run its course. Before attempting to answer this question it is worth stepping back to make some general observations about gold and the grave financial crisis gripping the world. Read full article... Read full article...
Tuesday, January 20, 2009
Gold Hits New Sterling Record as the British Pound Crashes Against the Dollar / Commodities / Gold & Silver 2009
By: Adrian_Ash
THE PRICE OF GOLD leapt late-morning in London on Tuesday, gaining more than 4% vs. the US Dollar as the world's media awaited President Barack Obama's inauguration speech in Washington.The Gold Price in Euros also jumped 4%, reaching a 15-week high above €660.
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Tuesday, January 20, 2009
Gold Soars on Concerns Over Asset Backed Derivatives and ETF's / Commodities / Gold & Silver 2009
By: Mark_OByrne
It is a historic day for the world with the inauguration of the 44th President of the United States of America. Gold has rallied by more than 2% despite continuing dollar strength and oil having collapsed 7% to just over $34 per barrel (Light Sweet Crude Oil Future - Combined - FEB09 : -7.6%) . While the dollar is up on hopes that President Obama can turn around the ailing US and indeed the global economy, stock markets internationally are under pressure again today with increasing concerns regarding the international banking and financial system.Read full article... Read full article...
Monday, January 19, 2009
Gold Is A Beach Ball Being Held Under Water / Commodities / Gold & Silver 2009
By: Captain_Hook
Perhaps the best analogy to explain the fundamental condition of gold is that it's like a beach ball being held under water, where at some point it will escape the clutches of its oppressor, springing it into the light of day for all to see its true worth. Even a child could understand such a condition when explained in terms of a beach ball. When it comes to the day-to-day trials and tribulations of gold however, it's not that simple unfortunately, because although gold is the oldest form of true money on the planet, it's also a political metal caught up in the biggest fiat currency / Ponzi scheme in the history of mankind.Read full article... Read full article...
Monday, January 19, 2009
Gold Slips as Full Nationalization of Western Banks Beckons After Fresh Record Losses / Commodities / Gold & Silver 2009
By: Adrian_Ash
THE SPOT PRICE of wholesale gold bullion slipped early Monday in London, dipping 1% to $837 an ounce as European stock markets reversed an early gain despite a fresh flood of tax-payers' money to the financial sector.Both the US Dollar and Japanese Yen bounced on the foreign exchanges, while crude oil slipped back to $35 per barrel.
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Monday, January 19, 2009
Gold Rallies Ahead of Historic Obama Amidst Monumental Macroeconomic Challenges / Commodities / Gold & Silver 2009
By: Mark_OByrne
Gold rallied on the open in Asia to over $845/oz overnight before falling on a stronger dollar, then rising again in early morning trade in Europe before falling again to $838/oz, some $3/oz below its close on Friday.Read full article... Read full article...
Sunday, January 18, 2009
Gold Fails to Get Stimulated / Commodities / Gold & Silver 2009
By: Merv_Burak
$30 up, $30 down but in the end nothing seems to be happening. Do those “professionals” who are capable of moving prices REALLY know what's going on? Sometimes I wonder.
STIMULUS, STIMULUS EVERYWHERE
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Saturday, January 17, 2009
Silver Mining 101 and the Imminent Rush to Precious Metals / Commodities / Gold & Silver 2009
By: Brent_Harmes
- Silver mining 101
- The cure for low silver prices
- Silver supply growth slowing
- Currency supply exploding
Friday, January 16, 2009
David Mason: Gold Producers Pioneer Commodities 1Q09 / Commodities / Gold & Silver 2009
By: The_Gold_Report
Mix one part mining analysis with one part corporate finance, then add 25 years of investing experience to get executive chairman and founder of Augen Capital Corp., David Mason. In its first 10 years, Mason's merchant bank completed 250 investments and financings and emerged as an industry leader in tax-advantaged flow-through investments in Canada's resource sectors. In this exclusive interview with The Gold Report, Mason discusses market fears, a weakening U.S. dollar and "the most important factor" that will drive gold ahead of the commodities pack in 1Q09.Read full article... Read full article...
Friday, January 16, 2009
Gold Prices Headed Higher / Commodities / Gold & Silver 2009
By: Mike_Paulenoff
While the banks stocks implode, let's have a look at the pattern developing in spot gold, which is 10 times the price of SPDR Gold Shares ETF (NYSE: GLD). Spot gold prices pivoted to the upside off of the $800 level, which also coincided with a successful test of the Nov.-Jan. support line ($811) and the rising 50 DMA ($812). Read full article... Read full article...
Friday, January 16, 2009
Gold Will Emerge Winner in this Tug of War / Commodities / Gold & Silver 2009
By: Chris_Galakoutis
A Federal Reserve balance sheet that has grown from 900 billion to well over 2 trillion since last fall may be on its way to 10 trillion according to some observers. There is no denying it's been pedal to the floor in money-printing efforts to restore the credit markets back to health. Read full article... Read full article...
Friday, January 16, 2009
Silver and the Minimum Wage / Commodities / Gold & Silver 2009
By: David_Morgan
Many of us who write about the precious metals field have put out their 2009 forecasts and predictions for the New Year. This writer is no exception, but it seemed to me that it might be nice to look at my mission statement and determine if I could compose a simple story that might engage the reader to think about the current dire state of affairs in the economy and how an honest “money” system might help on an individual basis.Read full article... Read full article...
Friday, January 16, 2009
Gold Rallies with Stocks as $1.3 trillion of "Aid" Caps the U.S. Dollar / Commodities / Gold & Silver 2009
By: Adrian_Ash
SPOT GOLD BULLION rose further from yesterday's 5-week low early Friday in London, bouncing together with world stock markets after Washington pumped more than $1.3 trillion into the US financial and economic systems.This fresh flood of money – promised in a series of announcements – put a floor beneath Wall Street stocks, commodity prices and foreign currencies, sparking a rally in all asset classes bar government bonds.
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Thursday, January 15, 2009
Will Gold Skyrocket to New Highs? / Commodities / Gold & Silver 2009
By: Money_and_Markets
Larry Edelson writes: In my August 2 and September 6, 2007 , Money and Markets columns, with gold trading at $664 and $694, respectively, I told you to increase your core gold holdings.
Since then, gold has risen to $855, a gain of as much as 28.7%. Assuming you had invested equal amounts on the aforementioned dates, your gold positions have gained an impressive 25.9%.
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Thursday, January 15, 2009
Gold Unmoved by ECB Interest Rate Cut / Commodities / Gold & Silver 2009
By: Adrian_Ash
THE PRICE OF WHOLESALE GOLD BULLION was left little changed by the widely-anticipated cut to Eurozone interest rates Thursday, trading at $809 an ounce in London – and down more than 5% for the week so far – as global stock markets plunged yet again.The European Central Bank (ECB) lopped 0.5% off its key interest rate, taking it back to the record low of 2.0% hit during the last global "Deflation Scare" of 2001-2004.
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