Category: Gold & Silver 2009
The analysis published under this category are as follows.
Tuesday, October 27, 2009
The Gold Price and non-U.S. $ Gold prices / Commodities / Gold & Silver 2009
By: Julian_DW_Phillips
While the rise in the $ price of gold has been sound, without being spectacular [the rise of late has only been around 10% over the average of the last 18 months], it has barely moved in many currencies.
Tuesday, October 27, 2009
Gold $2,000 Based on Banking System Zero Discount Valuation / Commodities / Gold & Silver 2009
By: Michael_S_Rozeff
The U.S. banking system has many banks with large amounts of bad loans on their books. How do these bad loans affect the value of the dollar and gold? Specifically, how do they affect the Zero Discount Value (ZDV) of gold?
Tuesday, October 27, 2009
Gold Falls as Bank of England Fears Nutters More than Inflation / Commodities / Gold & Silver 2009
By: Adrian_Ash
WHOLESALE GOLD dropped to a 3-week low as Asian stock markets fell hard early Tuesday, twice bouncing from $1037 an ounce as the US Dollar rose on the forex market.
Crude oil held at $78 per barrel while European share ticked higher in morning trade. Government bonds also rose, pushing interest rates down.
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Tuesday, October 27, 2009
Gold Bull Market, First the Slaughter and then the Feast / Commodities / Gold & Silver 2009
By: Ronald_Rosen
In spite of all the hype or perhaps because of it the “Golden Bull” is about to be slaughtered. Once death is assumed, resurrection will take place and the true feast will begin!
“Far more common, however, is the variety called an expanded flat, which contains a price extreme beyond that of the preceding impulse wave. In expanded flats, wave B of the 3-3-5 pattern terminates beyond the starting level of wave A, and wave C ends more substantially beyond the ending level of wave A.” E. W. P. expanded flat
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Tuesday, October 27, 2009
Gold Falls Despite U.S. Dollar Wobble on Chinese Currency Diversification Concerns / Commodities / Gold & Silver 2009
By: GoldCore
Gold closed trading at $1,039.80/oz In euro and GBP terms gold is trading at €699/oz and £635/oz. Support for Gold is currently seen at $1,030/oz and resistance at $1,053/oz.
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Tuesday, October 27, 2009
Gold, India’s Capital Asset through History / Commodities / Gold & Silver 2009
By: Ganesh_Rathnam
India's obsession with gold is well known around the world. To most Western commentators, this obsession seems irrational, and Indian people seem like incurable gold bugs.
However, on closer examination, gold ownership in India is neither excessive nor irrational. In fact, when religious, cultural, and historical perspectives are considered, India's appetite for gold seems rather matter of fact indeed. Nonetheless, it is not lost on any Indian worth his or her salt that gold is the asset that best protects wealth and freedom.
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Tuesday, October 27, 2009
Gold Trading, Playing the Moving Average and Momentum Ratios / Commodities / Gold & Silver 2009
By: John_Winston
For those enamored of the current bullish moves in the Gold market, there’s still plenty of reason the believe that the yellow Gold bus has more than enough gas in its tank to make the trip up to the next important Fibonacci extension ratio without too much difficulty.
Monday, October 26, 2009
Gold in the Early Stages of Breaking Out in Multiple Currencies / Commodities / Gold & Silver 2009
By: Ned_W_Schmidt
October 2009 has developed into a truly glorious month. For the first time in history the average monthly price for US$Gold will exceed $1,000. Certainly all are celebrating such a wonderful event. Perhaps the most important aspect of this remarkable event is that the purveyors of price suppression and manipulation theories can now turn off the lights in their caves. Reality has crushed their misconceptions. If an $800 bull market is price suppression, give me some more!
Monday, October 26, 2009
Watching the U.S. Dollar versus Gold / Commodities / Gold & Silver 2009
By: Mike_Paulenoff
One of the key market relationships we’re watching is the dollar and gold. If the dollar turns up in a big way and sustains the gains into the close, then tomorrow could be a very dangerous session for equities.
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Monday, October 26, 2009
Gold Follows Stocks By Giving Back Early Gain / Commodities / Gold & Silver 2009
By: Adrian_Ash
THE PRICE OF GOLD gave back early gains in London on Monday, dipping below last week's all-time record finish versus the Dollar as European stock markets also gave back an early 1% rise.
Asian trading was light, with Hong Kong closed for a holiday.
Monday, October 26, 2009
Gold Progress & Stages of Public Interest / Commodities / Gold & Silver 2009
By: Neil_Charnock
I received some great feedback this week that really got me thinking in a different direction other than analysis of gold, markets, economic news and gold stocks. I posted an article late last week titled Gold IS and this covered how I see gold as the only viable asset class and investment game in town. The feedback related to investor perceptions on the subject of gold investment.
Monday, October 26, 2009
Gold Stocks Short-term Consolidation as Silver Continues to Outperform / Commodities / Gold & Silver 2009
By: Douglas_V._Gnazzo
The gold stocks, as represented by the GDX index, lost 3.48% for the week, to close at 46.69. Last week's report had the following to say on GDX:
Presently, GDX is testing support at 48. If this level does not hold, the index will most likely fill the open gap (blue horizontal arrow). More significant support resides further below at 45, followed by intermediate term support at the yellow band.
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Monday, October 26, 2009
Gold Calls the World Bankers’ Bluffs / Commodities / Gold & Silver 2009
By: Graham_Summers
In Friday’s essay we discussed the frightening chart of the US dollar index. In particular we focused on the manner in which the Dollar has broken critical support (76) and is on its way to its all time low of 72. Below that… and we’re in uncharted territory.
Long-time readers know that I’m no fan of Ben Bernanke. But Bailout Ben is in no way unique in his thinking (though he has managed to spend more money than WWI, WWII, and the New Deal combined).
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Sunday, October 25, 2009
Gold Topping Action Continues / Commodities / Gold & Silver 2009
By: Merv_Burak
The gold topping activity continues with the price moving sideways while momentum keeps getting weaker and weaker. Something’s bound to break soon, will it be up or down? I hate to say it but at this point my money is on the down side, but will change fast should gold close above the $1075 mark.
Saturday, October 24, 2009
Roubini Hates Gold, He Was Wrong On The Dow (So Far), Wrong Again? / Commodities / Gold & Silver 2009
By: Andrew_Butter
I was a huge fan of Professor Roubini until on 14th March he declared that the rally was a dead cat sucker bounce, at that point I realised that alas; everyone is human. On reflection perhaps he was also wrong about the current account deficit “causing” the crunch, my view is that was just a sideshow. But that’s history; and big picture he got to the right answer in Technicolor before anyone else.
Saturday, October 24, 2009
Rising Gold Dances but Won't Die with the U.S. Dollar / Commodities / Gold & Silver 2009
By: The_Gold_Report
With all the 'strong dollar' rhetoric coming from the Fed and broken-record Bernanke, it's a wonder any investors are making money. But one we know and trust is. . .because he's not listening. "The U.S. will continue to take a laissez faire approach to the dollar," says John Doody, Economics Professor for nearly two decades and current author and publisher of Gold Stock Analyst. In this exclusive interview with The Gold Report, John explains how he measures gold's price performance, why he believes most investors don't have enough gold stocks in their portfolios and which companies he's making money on right now.
Friday, October 23, 2009
Why the Rise in the Gold Price is Different this Time / Commodities / Gold & Silver 2009
By: Julian_DW_Phillips
For over more than 18 months we have watched the gold price churn below $1,000 and in the process forming three tops, before breaking out to above $1,050 in early October 2009. Why will it not fall back to well below $1,000 and possibly as far as $850 this time?
Friday, October 23, 2009
Gold Overvalued Against Crude Oil? Long and Short-Term Analysis / Commodities / Gold & Silver 2009
By: Przemyslaw_Radomski
The crude oil market has lost most of its popularity since it is no longer near $150 per barrel (no longer do oil-related topics dominate the main financial websites), but nonetheless I’m sure that nobody can deny crude oil’s importance in today’s globalized economy. It is vital for both businesses and individual consumers, as fuels are derived from it. Most of us need to drive and purchase goods that also need to be transported to us directly or indirectly.
Friday, October 23, 2009
Gold Big Secret / Commodities / Gold & Silver 2009
By: Adrian_Ash
The little-known state of the gold market as prices close at a new weekly high...
YOU WON'T read it in your Sunday paper, nor elsewhere online this weekend. But this autumn's gold rush has, in truth, been no such thing at all.
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Friday, October 23, 2009
Gold Nears Record Weekly Close / Commodities / Gold & Silver 2009
By: Adrian_Ash
GOLD HEADED into the weekend more than 0.6% up on the week here in London on Friday, gaining as world stock markets also rose alongside crude oil and commodity prices.
Recording an AM Gold Fix of $1061.25 an ounce – its best-ever Friday fix in Dollars – gold also rose against the Euro as the single currency held flat vs. the Dollar.