Category: Gold and Silver 2010
The analysis published under this category are as follows.
Tuesday, May 04, 2010
Gold Boosted by Keynesian Economies Heading for Bankruptcy / Commodities / Gold and Silver 2010
By: Ned_W_Schmidt
Greece may not be enough. Further economic bodies may be needed for the funeral pyre of Keynesian economics. While one after another nation demonstrates the critical flaws inherent to this dogma, governments seem to simply ignore the ramifications. Keynesian economics has only one terminal phase, and that is not prosperity but bankruptcy.
Tuesday, May 04, 2010
Gold Surges To New Record Highs in Swiss Francs, Euros and Pounds / Commodities / Gold and Silver 2010
By: GoldCore
Gold rose to new five month highs in New York on signs of increased investment demand for the metal as an alternative to the euro and other currencies. Bullion surged to new nominal record highs in euros, Swiss francs and British pounds (see charts), extending gains this year as concern about sovereign debts in Europe encouraged investors into the safe haven of gold. Despite the yen being higher against all other major currencies, gold rose to 112,669 Japanese yen an ounce, the highest price in yen since February 1983. Read full article... Read full article...
Tuesday, May 04, 2010
Gold "Remains Safe Haven" as Euro Sinks, Commodities Fall with Stocks / Commodities / Gold and Silver 2010
By: Adrian_Ash
THE PRICE OF GOLD in wholesale dealing rose against all major currencies on Tuesday, hitting new record highs for European investors as stock markets and raw materials sold off worldwide.
The Euro sank through $1.31 for the first time in 12 months, dropping as traders in London – back from the UK's May Bank Holiday weekend – reacted to Sunday's Eurozone-IMF deal to lend €110 billion to Greece.
Monday, May 03, 2010
Gold Prices Rise Against All Major Currencies / Commodities / Gold and Silver 2010
By: Miles_Banner
The gold price reached a new high in dollars for 2010 in the early hours of trading for Monday 3rd May. The spot price reached $1,182.95 per ounce, its highest this year. It also reached new record highs in pounds, and euros. Yesterday’s Greek aid plan did little to strengthen support for the euro and currencies in general.
Monday, May 03, 2010
Russian Gold Purchases Surges by 15.55 Tonnes in a Month! / Commodities / Gold and Silver 2010
By: Julian_DW_Phillips
Since last year central banks have been net buyers of gold. More importantly they have stopped selling gold.
We do not deem the I.M.F. sales of gold as central bank selling, even if it is within the totals given under that agreement. It is not done in the spirit of the Central Bank Gold Agreement. Their purpose is to raise funds for a specific purpose, whereas the central bank sellers wanted to diversify their foreign exchange reserves out of gold. In addition they were sellers in support of the establishment of the € internationally.
Read full article... Read full article...
Monday, May 03, 2010
Gold Price Ready to Explode / Commodities / Gold and Silver 2010
By: Howard_Katz
A discourse on the price of gold.
The price is ready to explode.
The signal came 4-30-10.
To tell you news, I take my pen.
Sunday, May 02, 2010
Gold and Commodities On the Verge of an Inflationary Surge / Commodities / Gold and Silver 2010
By: Toby_Connor
I'm going to start off by stating that I don't think Bernanke is going to "get away" with the insane monetary policy he's chosen. Printing trillions of dollars, cutting rates to zero, trying to manipulate the bond market and generally tampering with the natural market forces is going to have consequences.Read full article... Read full article...
Sunday, May 02, 2010
Gold Uptrend Just Does Not Feel Right / Commodities / Gold and Silver 2010
By: Merv_Burak
Except for Thursday it was a pretty good week. So why am I feeling a little cautious? The action behind the latest up trend in gold just doesn’t “feel” right. With all of the world’s problems one would expect a robust advance but the strength behind this latest gold move just doesn’t compute right. Oh well, let’s see.
Saturday, May 01, 2010
Gold Still Glitters! / Commodities / Gold and Silver 2010
By: Sy_Harding
Gold bullion is at a new high for the year, and has rallied more than 10% since February. Yet it has not attracted the excitement among investors and the media that its rallies usually generate. That may be an indication it has further to go on the upside, since excessive excitement about a gold rally is usually seen before its rallies end.Read full article... Read full article...
Friday, April 30, 2010
Another Rally in Stock Market Indices and Gold? / Commodities / Gold and Silver 2010
By: Przemyslaw_Radomski
Three weeks ago we've commented on the link between the general stock market and gold, but since the situation has changed significantly since that time, we would like to provide you with a follow-up.
Friday, April 30, 2010
Today’s Most Important Gold Price Points / Commodities / Gold and Silver 2010
By: Bill_Downey
Ever since the price high of 1227 in December, gold has been in a trading range. The most recent rally has brought gold to the upper ceiling of that trading range and the question now is whether this move will propel gold higher and above the trading range, whether we in for more sideways action or a seasonal correction.Read full article... Read full article...
Friday, April 30, 2010
Strong Technical Signs for Silver SLV ETF / Commodities / Gold and Silver 2010
By: Mike_Paulenoff
is staggering to think that spot gold prices have rocketed well beyond the January 1980 high, while spot silver prices are about 60% off of the 1980 high! Let's notice that the silver price structure is heading for a confrontation with its long-term resistance line, now at $19.54, which if hurdled and sustained just might be the catalyst for upside acceleration that plays catch-up in a hurry with the advance in gold prices. In any case, my work points to an approaching confrontation with the 1980-2010 resistance.
Read full article... Read full article...
Friday, April 30, 2010
Gold and Silver Near 2010 Highs, Safe Haven Premium Supported by Credit Risks & Rising Liquidity / Commodities / Gold and Silver 2010
By: Adrian_Ash
THE PRICE OF GOLD rose to a near 5-month high in Dollars in London on Friday, adding 1.4% from last week's finish as the long May Bank Holiday weekend drew near.
A rally in Asian stock markets faded in Europe, but the Euro jumping back above $1.33 on rumors of a weekend deal for an Athens bail-out.
Friday, April 30, 2010
Silver Investing Lessons from the Name of God / Commodities / Gold and Silver 2010
By: Sean_Brodrick
I just got back from Mexico, where I saw a group of silver-zinc-lead mines with enormous potential. It’s no surprise to find silver in Mexico — in fact, the silver district I visited produced its first silver for Spanish conquistadores. And the Spaniard with his boot firmly on the neck of the local Indians was none other than Hernán Cortés de Monroy y Pizarro, better known to us gringos as Hernando Cortez.
Friday, April 30, 2010
Silver Surges to $18.68/oz Breakout Could Lead to March 2008 Record High of $20.88/oz / Commodities / Gold and Silver 2010
By: GoldCore
Gold reached new 2010 high in dollars (over $1,175 per ounce) in Asian trading overnight and again Europe this morning (over $1,177 per ounce) as investors continue to allocate funds to gold in order to hedge sovereign debt contagion risk. Gold was marginally lower in dollar terms yesterday but rose sharply in Asian trading with unusually strong Japanese buying and this buying has continued in early European trade.
Friday, April 30, 2010
The Only Gold Indicator You Need / Commodities / Gold and Silver 2010
By: DailyWealth
Dr. Steve Sjuggerud writes: "So… where's the big gold bull market?" I asked John Doody over lunch yesterday.
John writes the excellent Gold Stock Analyst newsletter, where he takes a deep look into gold and the major gold stocks every month. Before starting the newsletter in the early 1990s, John was an economics professor. Right now, John and I are at a conference on Maryland's Eastern Shore.
Friday, April 30, 2010
World Gold Council Q1 2010: Record Investment Demand for Gold / Commodities / Gold and Silver 2010
By: Fresbee
World Gold Council released their Q1 2010 report analyzing demand trends for gold in the first quarter of 2010.
Noted below is an excerpt of the report. Happy Reading!
Read full article... Read full article...
Friday, April 30, 2010
Gold Prospers After Break From the U.S. Dollar / Commodities / Gold and Silver 2010
By: Seven_Days_Ahead
The Technical Trader’s view:
Friday, April 30, 2010
Gold Prices Update 30 April 2010 / Commodities / Gold and Silver 2010
By: Bob_Kirtley
No doubt about it we live in very interesting times as the speed of change does appear to be accelerating right before our very eyes. The European credit based party is coming apart at the seams as Spain gets the thumbs down from the S&P.Read full article... Read full article...
Thursday, April 29, 2010
Gold Targets $1226 as Greece Is Declared Bankrupt By Germany / Commodities / Gold and Silver 2010
By: Adrian_Ash
THE PRICE OF GOLD ticked lower on Thursday morning in London, drifting 0.6% from yesterday's 4-month high for Dollar investors as stock markets rose with the Euro on calls for a sudden resolution to the Greek government-debt crisis.
Commodities rallied almost 1% on average as crude oil rose back above $84 per barrel.