Category: Gold & Silver 2009
The analysis published under this category are as follows.
Wednesday, November 04, 2009
Gold Price is No Bubble / Commodities / Gold & Silver 2009
By: Midas_Letter
The price performance of gold recently has all sorts of armchair economists waxing philosophical on the idea that this is the advent of a price “bubble”. While certainly everyone has and is entitled to their opinion, there are other features of humanity that we all possess, and much like many opinions, are best obscured from view.
Wednesday, November 04, 2009
Gold Jumps to New All Time High $1095 / Commodities / Gold & Silver 2009
By: Adrian_Ash
THE PRICE OF GOLD rose sharply for the third session running early in London on Wednesday, gaining 1.2% against the US Dollar to hit fresh record highs above $1095 an ounce.
Crude oil bounced back above $80 per barrel. World stock markets added almost 1.0% on average.
Wednesday, November 04, 2009
The Decoupling of Gold as It Breaks to New All Time Highs / Commodities / Gold & Silver 2009
By: INO
With today's historic move into new high ground for gold against the dollar, has this market finally decoupled from the other markets?
In this short two minute video, I will share with you what I think the next major technical level is for this market. We will also be looking at an indicator that is close to kicking in that could sharply accelerate gold's upward move. Gold has an enormous energy field below it that is capable of pushing prices significantly higher in the months ahead.
Wednesday, November 04, 2009
Gold New Record High $1,093, $1,200/oz By Year End? / Commodities / Gold & Silver 2009
By: GoldCore
Gold rose to new record highs yesterday and again this morning above $1,093/oz in what appears to have been continuing reaction to the news that Indian central bank had bought 200 tonnes of gold from the IMF . Gold has also surged in euro and pound terms.Read full article... Read full article...
Wednesday, November 04, 2009
Peak Silver and Mining by a Falling EROI / Commodities / Gold & Silver 2009
By: Steve_St_Angelo
EROI = Energy Returned On Energy Invested - The Peak of World Silver Production may be just around the corner due to a falling EROI (energy returned on energy invested). This will also be true for most industrial metals. I may go as far as to say, if the Global Economy does not make a full recovery shortly (which I doubt), 2008 could be the all time peak for world silver production. At least, the world production of silver will be in a plateau as unconventional oil supplies start to peak and decline.
Tuesday, November 03, 2009
U.S. Dollar at Crossroad, Gold Rally About to End? / Commodities / Gold & Silver 2009
By: Przemyslaw_Radomski
The U.S. Dollar, the currency in precious metals are priced in, is standing at a crossroad today. The possibility of breakout to the upside has grown in the past week, but the trend still remains down. So, what are the implications for the precious metals?
Tuesday, November 03, 2009
India Buys Half of IMF's Gold for Sale! / Commodities / Gold & Silver 2009
By: Mike_Hewitt
On November 3, 2009, the Reserve Bank of India (RBI) announced the purchase of 200 tonnes of gold from the International Monetary Fund (IMF) for US$6.7 billion. This represents the largest one-time central bank purchase in recent history, reminiscent of the period of steady US purchases of bullion in the 1930s and 1940s. The purchase was an official off-market transaction and was executed during October 19 - 30 at market-based prices averaging US$1,045 an ounce.
Read full article... Read full article...
Tuesday, November 03, 2009
India Buys IMF Gold, What Could It Mean ? / Commodities / Gold & Silver 2009
By: Michael_Pollaro
This flashed on the Bloomberg news wires this morning:
India Buys IMF Gold to Boost Reserves
India, the world’s biggest gold consumer, bought 200 tons from the International Monetary Fund for $6.7 billion as central banks show increased interest in diversifying their holdings to protect against a slumping dollar.
Tuesday, November 03, 2009
Silver set to Soar as it did in the 1970’s / Commodities / Gold & Silver 2009
By: GoldCore
- Silver Remains Very Undervalued
- Why Silver is in a Bull Market & How High Could it Go?
- Is Silver about returns or a hedge against inflation & systemic risk?
Tuesday, November 03, 2009
India Trounces China by Buying 1/2 of IMF Gold for Sale / Commodities / Gold & Silver 2009
By: Trader_Mark
Rumors were China [Apr 25, 2009: China Begins Building Gold Reserves] was going to buy this stash of gold from the IMF; but it appears India "won". This will drop the International Monetary Fund stake but still keep it at spot #3 in world's reserves, and send India screaming up the charts from 14th [Oct 13, 2009: Largest Gold Reserves by Country] Gold fever is spreading across he globe as central banks go wild printing paper currency....
Read full article... Read full article...
Tuesday, November 03, 2009
Gold Soars on India's IMF Purchase / Commodities / Gold & Silver 2009
By: Adrian_Ash
THE PRICE OF GOLD rose sharply to 7-session highs against the Dollar and new 8-month highs vs. the Euro early Tuesday after the Reserve Bank of India said it bought 200 tonnes of gold from the International Monetary Fund late last month.
Slated to sell 403 tonnes of gold in total, the IMF raised $6.7 billion from India's purchase, helping "put the fund's finances on a sound long-term footing," according to managing director Dominique Strauss-Kahn today.
Tuesday, November 03, 2009
India Buys 403 Tonnes of IMF Gold / Commodities / Gold & Silver 2009
By: GoldCore
Gold is continuing its strong upward run and is currently trading at $1.061.40/oz. In EUR and GBP terms, gold has risen again and is trading at €720/oz and £650/oz respectively.
Read full article... Read full article...
Tuesday, November 03, 2009
Gold NOT in Bull Market, Nadler Nonsense? / Commodities / Gold & Silver 2009
By: Mike_Shedlock
I have sided with Nadler on gold issues in the past, but his claim that gold is not in a bull market is just plain nonsense. Please consider Gold Is Not in a Bull Market
Monday, November 02, 2009
Are Bank Safe Deposit Boxes Safe? No / Commodities / Gold & Silver 2009
By: David_Vaughn
Got a lot of email when I suggested that safe deposit boxes are not safe from bank or government intrusion.
In most minds the “safe deposit box” is the “holy grail.” Our comfort will always be OK as long as our safe deposit box remains safe from others ill intent. Noticed the last few years how the Swiss Banks are no longer confidential places for one to store anything of value? The US government has applied pressure on Switzerland to make available Swiss bank records at any time requested by the US Government.
Read full article... Read full article...
Monday, November 02, 2009
Gold Jumps on Economic Cost of Near $900 per New Ounce Extracted / Commodities / Gold & Silver 2009
By: Adrian_Ash
THE PRICE OF GOLD jumped at the start of London dealing on Monday, reaching one-week highs against the Dollar and Sterling and trading at a near-3 week high in terms of the Euro, rising above €713 an ounce.
Asian stock markets outside Shanghai closed the day lower, with Tokyo's Nikkei index dropping 2.3%.
Monday, November 02, 2009
Gold Survived the Test / Commodities / Gold & Silver 2009
By: Neil_Charnock
Gold survived the first test of the $1,030 level and celebrations will be heard from gold bull camps everywhere. Gold bounced up with vigor from this newly formed, and not yet concrete, support level to reach US$1,047.40 and AUD$1,150 on Thursday night. Friday gold price action was not as negative as we might have expected given the heavy profit taking on the Dow and AUD sell off which pushed gold denominated in Australian Dollars to the highest level since mid October – back over AUD$1,160.
Monday, November 02, 2009
G20 Finance Ministers Meeting and LBMA Precious Metals Conference in Scotland / Commodities / Gold & Silver 2009
By: GoldCore
Gold has experienced a strong opening this morning and is currently trading at $1.052/oz, $8 higher than its close on Friday. In EUR and GBP terms, gold has risen and is trading at €712/oz and £643/oz respectively.
Monday, November 02, 2009
Gold Confiscation Risk / Commodities / Gold & Silver 2009
By: Howard_Katz
Things are looking good for the gold bugs these days. September and early October saw the (long awaited) break above $1,000. This past week saw the technical pull back to the breakout point, and Thursday was the turnaround day. Friday saw some very bullish candlestick signals in many of the gold stocks.
Sunday, November 01, 2009
Geithner Signals Gold Going Much Higher, What to Buy Now / Commodities / Gold & Silver 2009
By: Q1_Publishing
The Obama administration dispatched high-level members back onto the Sunday morning talk show circuit following a few bits of positive economic news.
Sunday, November 01, 2009
Gold Bull Market Forecast 2009, 2010 Update / Commodities / Gold & Silver 2009
By: Nadeem_Walayat
Gold has had a stellar run of late, which recently saw Gold pushing to new all time highs on a near daily basis which has galvanised wider mainstream press attention to the precious metal with many gold bugs revising targets ever higher into loftier goals such as $2000 and even $4000+. Gold is one of the most popular asset classes both sought after by readers and written about by market commentators, and one of the most emailed query as to when will I update my original gold analysis of 22nd January 2009 which concluded during mid 2009, therefore this analysis seeks to project the Gold Price trend well into 2010.