Category: Gold and Silver 2010
The analysis published under this category are as follows.Thursday, November 25, 2010
Gold Well Below Inflation Adjusted 1980 High in Deutsche Mark / Commodities / Gold and Silver 2010
Gold has remained firm despite an increase in risk appetite as seen in the bounce in equity markets in Asia and Europe so far this morning. While Korean concerns have abated for now, eurozone "peripheral" debt is under pressure again pushing spreads with bunds to, or in some cases close to, euro-era highs. The 10-year benchmark bond of Ireland is now up 6 basis points at 8.72%, while Portugal and Spain are up 7bp to 6.87% and up 11bp to 5.14%, respectively. This has seen gold remain firm in major currencies and remain near nominal highs in euros.Read full article... Read full article...
Thursday, November 25, 2010
The TSA's False Tradeoff / Politics / Gold and Silver 2010
The national furor over the TSA's new procedures — culminating in yesterday's "Opt Out Day" — has elicited the typical response from the bureaucracy and its apologists. Why, these invasive scans and "enhanced pat-downs" are only for your good, in order to ensure safe flying. You don't want another attack, do you?
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Thursday, November 25, 2010
Gold – "Buy on Dips" Advised as Irish Crisis Tips "Ugly Contest" from Dollar to Euro / Commodities / Gold and Silver 2010
THE PRICE OF WHOLESALE gold continued to hold steady above $1370 per ounce for US savers on Thursday, trading at two-week highs vs. the Euro as world stock markets gently extended yesterday's sharp rally.
Crude oil pushed higher to $84 per barrel. Like gold, silver prices held steady, trading around $27.50 per ounce.
Thursday, November 25, 2010
Driving the News Agenda: Jones and Keiser "Crash JPMorgan Buy Silver" / Commodities / Gold and Silver 2010
How many of you have noticed the change in news? The flavor of the news has markedly “changed” in the past 4 or 5 months – have you noticed it? Who has picked up on the likes of Fox News’ Glen Beck and his ‘about face’ on many key issues. Over the past number of months personalities like Beck have completely reversed their positions on subjects like the existence of World Government and FEMA CAMPS – going from complete denial to admitting they exist and the fact that they are intended for the American people.
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Thursday, November 25, 2010
Gold Trades Like a Currency Hence Goldania / Commodities / Gold and Silver 2010
Gold tends to trade like a currency. This is because all the gold produced in the world mostly does not get used up, so, like a currency, the change in inventory at any time is a small proportion of the total supply. Thus rather than being largely affected by supply and demand fundamentals, currency prices reflect the perceived value of a money based on the underlying fundamentals of the country such as stability, the economy, the central bank, etc . A contrary example is say, corn, which gets mostly used up and the annual crop is a very large proportion of the total corn in storage. Thus corn prices are driven largely by supply and demand.
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Wednesday, November 24, 2010
Gold Sticker Shock and Silver Surge / Commodities / Gold and Silver 2010
Price is an interesting element of the marketplace. At one price, a product may be a perceived bargain, yet at another still similar price, the same product would be a perceived rip-off. As you walk through a supermarket, it becomes evident the tricks that certain prices can play on your mind. $1.99 looks far less expensive than $2, even if the difference is only one cent. Ten for $10 deals are more likely to drive more sales volume, even if the normal market price is actually $1 each.
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Wednesday, November 24, 2010
Dollar vs. Emerging Currencies is a Boon for Silver / Commodities / Gold and Silver 2010
Any careful observer of the Federal Reserve should be slowly coming to the conclusion that Bernanke is off his game plan. In the past few weeks and months, Bernanke has repeated before Congress that his dual mandate is to provide for slow and gradual recovery, but low inflation and full employment. Recently though, Bernanke is on a new tangent, a semi-mercantilist endeavor to lower the value of the US dollar against emerging economies.
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Wednesday, November 24, 2010
Market Says Be Patient With Entry Points For Gold / Commodities / Gold and Silver 2010
We own gold, like gold, and plan to buy more gold, but the market is telling us to be patient for a while longer in terms of looking for a good risk-reward entry point for GLD (gold ETF). Numerous short-term indicators are still flashing some “be careful” signals.
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Wednesday, November 24, 2010
Gold Jumps as Euro Crisis Deepens, "Buy Now If Ever" Urges Fund Manager / Commodities / Gold and Silver 2010
THE PRICE OF GOLD held onto yesterday's sharp jump against all major currencies in Asia and London on Wednesday, trading within 2% of this year's record highs for Euro and Sterling investors looking to buy gold as global stock markets bounced.
Crude oil also rallied from Tuesday's sell-off, and silver prices stood little changed from last week's finish at $27.50 per ounce.
Wednesday, November 24, 2010
How to Get Hedge Funds to Push Silver Price to $500 and Crash JP Morgan / Commodities / Gold and Silver 2010
This is the true divide that separates the have from the have yachts and this is truly what is going to catapult us in the global conflict, the insurrection against corporate and banking occupation. It's savers versus speculators. The savers have only one recourse, and it's true on the central bank level, and it's true on the individual level. It's precious metals. That's the only recourse we have! - Max Keiser
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Wednesday, November 24, 2010
Gold and Silver Thanksgiving Thoughts / Commodities / Gold and Silver 2010
I want to leave you with some thoughts on gold and silver as we head into the long Thanksgiving holiday. The airwaves are filled with opinions, conjecture, commentaries masquerading as fact and just plain old misinformation designed to scare you out of your positions. There’s a lot at stake right now as the central banks around the world feel threatened by the rise in price of both gold and silver. They understand the well guarded secret that gold is the only real money out there and fiat paper is just a poor pretender to the throne. The unbridled printing of fiat paper is the tool used by central banks to separate you from your wealth.
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Tuesday, November 23, 2010
Silver Forecast, What Comes Next? / Commodities / Gold and Silver 2010
In latter August I penned a forecast for my subscribers to TMTF on Silver, and below is a brief excerpt from August 31st:I believe Silver is about to stage a pretty large advance based loosely on the Elliott Wave pattern I see unfolding after a 9 odd month consolidation. (Obviously, there are also fundamental fiat currency/debt events worldwide that give it the underlying bull chart pattern). Since the average person can't run out and buy an ounce of Gold for $1,240 tomorrow, as the unfolding of the fiat crises continues to enter the public psyche, you will see a strong populace movement into buying silver, silver coins, etc. To wit, many silver stocks are moving up strongly of late, signally an imminent breakout of this precious and industrial metal.
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Tuesday, November 23, 2010
Should You Buy Silver SLV ETF? / Commodities / Gold and Silver 2010
Featured is the daily bar chart for SLV. Price has risen for five days, but volume has not yet supported the rise. This lack of volume could be because more and more people are becoming aware of the fact that JPMorgan (one of the bullion banks that is short a large amount of silver), is a custodian of SLV. As people begin to distrust the integrity (justified or not) of SLV, they could very well make a decision to avoid buying into SLV.
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Tuesday, November 23, 2010
Gold Rises with U.S. Dollar as Korean Conflict Flares / Commodities / Gold and Silver 2010
THE PRICE OF PHYSICAL gold bullion rose to a 1-week high in Asian and early London trade on Tuesday, touching $1370 per ounce even as the US Dollar rose on news of South and North Korea exchanging shell-fire over the disputed border island of Yeonpyeong.
Asian stock markets dropped up to 2%. Crude oil fell hard towards $80 per barrel. Silver prices unwound Monday's 2.3% rally.
Tuesday, November 23, 2010
Gold/Platinum Ratio, The Economy And Why You’ll Ask Back Your Gold Card / Commodities / Gold and Silver 2010
Most people are mainly concerned with what is going on right now and are less concerned with what happened yesterday, last week or last year. The further in the past an event or development, the less are we concerned about (or aware of) it, and the less is our understanding of it. This appears to be our nature, and it causes many to miss important “big picture” developments.
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Tuesday, November 23, 2010
Gold, Weaker Dollar, and US Exports / Commodities / Gold and Silver 2010
With the Chinese yuan and Brazilian reals off-limits to most retail investors, turning to gold may be the best bet. Even with the gold hitting the $1,400 an ounce mark, it’s still a good idea to allocate around 20% of your portfolio to this precious metal. Consider that over the last decade, gold is up by 17%. Compare this to stocks over the same period and you’ll see the difference. Stocks were up by only 1%.
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Monday, November 22, 2010
Gold Traders Torn as Ireland Takes Bail-Out But Euro Falls / Commodities / Gold and Silver 2010
THE PRICE OF GOLD closely tracked the Euro currency on Monday morning, initially rising after Ireland agreed a €90 billion rescue package from its European partners and the International Monetary Fund, but slipping back after Dublin coalition members the Green Party then called for a general election in January.
Monday, November 22, 2010
Gold Standard Time / Commodities / Gold and Silver 2010
The expression, “gold bug,” has two meanings. In politics, a gold bug is someone who favors the gold standard. The phrase was first used in the election of 1896 to indicate the supporters of William McKinley, who favored the gold standard, as opposed to the supporters of William Jennings Bryan, who favored adding silver to the system to increase the money supply. On July 9, 1896, Bryan gave a famous speech at the Democratic convention in Chicago in which he said: “You shall not crucify mankind upon a cross of gold.”
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Monday, November 22, 2010
Invest in Gold, Silver and Commodities Today to Withstand From the Economic Realities of Tomorrow! / Commodities / Gold and Silver 2010
An understanding of the current economic realities and trends suggest that investing in natural resources (i.e. energy, agriculture and minerals – and especially gold and/or silver) - is virtually guaranteed to be the most investor-friendly sector. Below we outline the economic storm we are about to experience, how best to prepare to withstand the expected hurricane winds, high seas and torrential downpours and which safe haven investment alternatives to invest in to ride out the storm of the century and prosper in the years ahead.Read full article... Read full article...
Monday, November 22, 2010
The Gold and Silver Trading Play Has Gone To Greed? / Commodities / Gold and Silver 2010
The past few months it seems the gold and silver play has been getting a little crowed with everyone wanting to own gold. While I am a firm believer that these precious metals are a great hedge/investment long term, I can’t help but notice the price action and volume for both metals which looks to me like they are getting exhausted.
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