Category: Gold & Silver 2009
The analysis published under this category are as follows.
Sunday, August 09, 2009
Gold Closed Flat on the Week, Where Next? / Commodities / Gold & Silver 2009
By: Merv_Burak
A little bit up, a little bit down but in the end getting nowhere during the week. Gold finished the week just about where it started although silver had a much better time being up 5.0% on the week. So, where are we now?
Sunday, August 09, 2009
Taking Profits on Gold / Commodities / Gold & Silver 2009
By: Bill_West
Trade Actions:
Sell both GOLD positions symbol GLD at the Market
Sell the OIL position symbol USO at the Market
Saturday, August 08, 2009
Will Central Banks Start Consficating Gold? / Commodities / Gold & Silver 2009
By: Julian_DW_Phillips
As part of a series we first look at this question: "If the U.S. decides to confiscate gold in the future, what impact might that have on Gold Shares and the COMEX Gold Futures prices?"
Friday, August 07, 2009
SPX Stock Index Driving Gold Price Trend / Commodities / Gold & Silver 2009
By: Zeal_LLC
Among gold investors, the major drivers of the gold price are well-known. From mine production and central-bank sales to jewelry and investment demand, gold’s fundamentals have been and will continue to be extensively studied. But over the past year, a curious and sometimes dominating new gold driver has emerged.
Friday, August 07, 2009
Gold Static Trading Ahead of Non Farm Payroll Data / Commodities / Gold & Silver 2009
By: GoldCore
Trading in gold has been fairly static this morning with the market looking for direction from the release of non-farm payroll data, due out today. A bullish note for the long term prospects of gold was chimed today on the news that the ECB has agreed to only sell 400 tonnes of gold per annum over the next 5 years, down 100 tonnes per annum from previous announcements. Importantly, the ECB said that, "gold remains an important element of global monetary reserves." With annual demand already outstripping production, this news will bolster the viability of gold as a diversifier and inflation hedge.Read full article... Read full article...
Friday, August 07, 2009
Silver Market Force / Commodities / Gold & Silver 2009
By: David_Morgan
In this week’s missive I decided to take a clip from the August issue of The Morgan Report and share with readers what others have to say about the silver market.
Begin excerpt…
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Thursday, August 06, 2009
Gold Fails at Top of Trend Channel / Commodities / Gold & Silver 2009
By: Mike_Paulenoff
This morning’s pop in the SPDR Gold Shares (NYSE: GLD) to a new recovery high (for July) at 95.38 was not sustained, and prices have since declined back into negative territory. More importantly, let’s notice that this morning’s high coincides with an attempt to push above the top of the July price channel, which apparently has failed on this attempt. The failure at the top of the channel argues for prices to come in beneath 94.00 towards 93.50 prior to another loop to the upside. It is with this in mind that I move to the sidelines for a while.
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Thursday, August 06, 2009
Gold and Silver The Only Gauranteed Way to Preserve Wealth / Commodities / Gold & Silver 2009
By: Global_Research
Bob Chapman writes: "Whoever controls the volume of money in any country is absolute master of all industry and commerce” – President James A. Garfield
Bowing to populist anger, the House voted Friday to prohibit pay and bonus packages that encourage bankers and traders to take risks so big they could bring down the entire economy.
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Thursday, August 06, 2009
Gold Heading for $644 or $1200? / Commodities / Gold & Silver 2009
By: Ronald_Rosen
What if a decline to $644 takes place before the exalted highs are obtained? Is this possible? How could it happen? What would cause it to happen?
The reality, as I see it, is that time is more important than price on the way down as well as the way up.
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Thursday, August 06, 2009
Exchanging U.S. Dollars for Gold / Commodities / Gold & Silver 2009
By: LewRockwell
Richard Daughty writes: The month of August 1971 is significant in that this is the month when Richard Nixon told the world, "Kiss my Fat American Butt (FAB), world, because although we Americans promised to maintain the purchasing power of the dollar against which all other currencies can maintain their value, too, we lied when we said that we would exchange gold for dollars to insure that we did what we said we would! Hahaha!
Thursday, August 06, 2009
Gold Manages Break and Hold Above $960 / Commodities / Gold & Silver 2009
By: GoldCore
Gold
Gold, currently trading at $961.00/oz, has managed to stay above the $960.00/oz support mark and is finding it tough to break through the next resistance of $970.00/oz. If broken, it should test the further resistance of $980.00/oz very quickly. The ECB and the BOE meet today but are expected to leave interest rates unchanged.
Thursday, August 06, 2009
How High Can Gold and Silver Stocks Go? Hang On! / Commodities / Gold & Silver 2009
By: Dudley_Baker
In December 2003 Edward Gofsky wrote a great article titled, “The 21st Century Gold Rush: How High Can Gold and Silver Stocks Go? Higher Than You Might Think!!”
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Thursday, August 06, 2009
Gold Bull Market Next Leg Higher Underway? / Commodities / Gold & Silver 2009
By: INO
Is this the Gold move we've all been waiting for?
Is the big move finally here? With so many stops and starts in the gold market, it's hard to know which way is up.
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Thursday, August 06, 2009
Gold Will Perform Well No Matter What Happens / Commodities / Gold & Silver 2009
By: Graham_Summers
Graham’s note: today we’re featuring commentary from Ron Coby, Chief Investment Officer at Coby Lamson Capital Management in Medford, Oregon. Ron’s one of the smartest traders I know and it shows in his firm’s track record: up 16% year to date. The following is an except from his book, The Upside of Down which you can purchase online here.
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Wednesday, August 05, 2009
Gold v. Currencies / Commodities / Gold & Silver 2009
By: Guy_Lerner
Figure 1 is a concept that I have put forward before, and it is gold's performance relative to a basket of 8 currencies.Those currencies are: 1) Australian Dollar; 2) Canadian Dollar; 3) Swiss Franc; 4) Eurodollar; 5) British Pound; 6) Singaporean Dollar; 7) Japanese Yen; 8) US Dollar. This is a weekly chart. Relative to other currencies, gold is starting to outperform, and the indicator has turned positive after about 10 months of underperformance.
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Wednesday, August 05, 2009
Gold Seasonal Trend Analysis, Is the 18 Month Consolidation Complete? / Commodities / Gold & Silver 2009
By: Bill_Downey
Another month has come to an end in the gold market and it is always good to review where we’ve been and where we might be going. For those of us who follow the market closely, you know how important it is to constantly review the important aspects of the market and to keep those aspects in the forefront. Even if you view from a distance, a good monthly review is essential to keep up with the price trends of the gold market. The past 17 months sideways consolidation to a certain degree can sometimes put us in a frame of mind in gold that we get so used to the sideways trend that we might sometimes miss what is brewing underneath the market.
Tuesday, August 04, 2009
Cash For Clunkers - Do You Pay in Gold? / Commodities / Gold & Silver 2009
By: Michael_J_Kosares
August 2009 Comment: The man-on-the-street has been getting a solid education at the School of Hard Knocks. At the rate that our government has been spewing out dollars, the writing on the wall is that cash is quickly becoming a clunker, too.
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Tuesday, August 04, 2009
Why Investing in Gold Coins Now Will Help You Retire Secure / Commodities / Gold & Silver 2009
By: Mike_Will
In our current times of economic and political instability, investing in gold becomes an attractive option for many people. While many investors simply buy gold bars, astute collectors have made fortunes by investing in certified gold coins. If you having been wanting to add gold to your investment portfolio and want to know more about gold coins then please consider my…
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Tuesday, August 04, 2009
Gold Near Summer Lows Prior to Strong Seasonal Rally / Commodities / Gold & Silver 2009
By: GoldCore
GoldCore believe that gold has hit or is soon to hit its traditional late summer low price prior to the traditional strong gold rally in the autumn and early winter months.
Recent years have seen a late summer sell off with a low price being seen normally between mid July and mid August.
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Monday, August 03, 2009
Precious Metals, Gold and Silver are Ready to Shine / Commodities / Gold & Silver 2009
By: Przemyslaw_Radomski
In the previous essay I mentioned that a brief consolidation is in the cards and is likely to take place immediately, or after additional few more days of rising gold, silver and PM stock prices, and a small dip in the USD Index. I stated that:
(…) if mining stocks break down from the triangle pattern, the following move should be rather insignificant - I don't think that it would take the GDX ETF below 37 level.
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