Category: Gold and Silver 2010
The analysis published under this category are as follows.
Friday, March 26, 2010
Asian Gold Traders Buy the Dips as Global Devaluation Makes Currency Crisis Possible / Commodities / Gold and Silver 2010
By: Adrian_Ash
THE PRICE OF GOLD rose in Asia and London on Friday morning, briefly touching $1100 per ounce before slipping back with the Euro after European political leaders agreed a rescue strategy for Greece in Brussels.
"I think we might get a little bit of a recovery in the Euro, which will help gold prices," said Darren Heathcote at Investec Australia to Reuters earlier.
Friday, March 26, 2010
Gold Rises after Option Expiry but May Close Lower on Week / Commodities / Gold and Silver 2010
By: GoldCore
Gold in dollars closed last night at $1092.50/oz with a gain of 0.31% on the day. Gold continued its recovery in Asian trading this morning and is currently trading at $1,097.60/oz in dollars and €820.02/oz & £11.32/oz in EUR and GBP terms respectively.
Friday, March 26, 2010
The New Bargain Price For Gold / Commodities / Gold and Silver 2010
By: DailyWealth
For gold buyers, $1,050 is the new $900.
As today's chart shows, gold spent a good chunk of 2009 drifting around $950 per ounce. During this drift, gold dropped into the $900 area twice... which offered the gold buyer a chance to buy a little cheaper than the "normal" price of $950.
Thursday, March 25, 2010
Silver’s Role in a Barter Economy / Commodities / Gold and Silver 2010
By: Dr_Jeff_Lewis
Make no mistake about it: silver is an investment for trying times. As one the most beautifully shiny metals, silver's true economic beauty shines through in a world ruined by rampant inflation and growing debt.
Read full article... Read full article...
Thursday, March 25, 2010
Gold Caught Between Euro and China / Commodities / Gold and Silver 2010
By: Adrian_Ash
THE PRICE OF WHOLESALE gold bullion gave back an early bounce from yesterday's 6-week low for Dollar investors on Thursday, slipping back to $1090 as Chinese shares closed the day lower, but European and US stocks rose.
Little changed for Sterling buyers, gold was higher against the Euro as European leaders met to discuss the Eurozone debt crisis.
Thursday, March 25, 2010
Risk of Eurozone Sovereign Debt Contagion Bolsters Gold's Status as Currency Hedge / Commodities / Gold and Silver 2010
By: GoldCore
Gold closed at $1089.10/oz last night, having lost 1.36% on the day in dollar terms. Gold recovered in Asian and early European trading this morning and at the moment is trading at $1,093.40/oz. In EUR and GBP terms, gold is trading at €819.21/oz and £730.74/oz respectively . Gold rose in euro terms due to the risk of contagion in the eurozone and remains near record (nominal) highs of €833.54/oz reached on the March 4th (see chart).
Wednesday, March 24, 2010
The Case for Silver Bullion Investing / Commodities / Gold and Silver 2010
By: Adrian_Ash
Four crucial twists in the case for inflation-friendly, growth-friendly silver...
SO CASH-in-the-BANK remains the nearest thing to "risk-free" that the finance industry offers. But risk-free now means "sure-fire loss" thanks to sub-zero real rates of interest.
Read full article... Read full article...
Wednesday, March 24, 2010
Bond Market Collapse and Stock Market Crash This Year to Send Gold Price Soaring / Commodities / Gold and Silver 2010
By: The_Gold_Report
Successful bullion dealer Greg McCoach brings more than 20 years of business experience and a vast network of mining contacts to the mining investment newsletter he launched in 2001, The Mining Speculator. In this exclusive interview with The Gold Report, Greg discusses his strategies to prepare for what he says will be a real buying opportunity.
Wednesday, March 24, 2010
Gold and Silver Fall as Fresh Crisis Whacks the Euro / Commodities / Gold and Silver 2010
By: Adrian_Ash
WHOLESALE GOLD and silver prices fell once again on Wednesday morning in London, dropping almost 2% for Dollar investors as world stock markets fell together with government bonds, commodities, and non-US currencies.
The Euro sank to a 10-month low against the Dollar after Fitch Ratings downgraded the status of Portugal's long-term government debt.
Wednesday, March 24, 2010
Euro Gold Up 0.45% as Euro Falls on Concerns over Greece and Portugal / Commodities / Gold and Silver 2010
By: GoldCore
Gold closed at $1104.15/oz in New York, gaining 0.4% on the day; it also advanced in Asian trading this morning. Gold has fallen in USD terms and is currently trading at $1,094.62/oz and remains firm in EUR and GBP terms at €820.06/oz & £730.87/oz respectively. Read full article... Read full article...
Tuesday, March 23, 2010
Bob Prechter Reveals the Most Dangerous Gold & Silver Myths / Commodities / Gold and Silver 2010
By: EWI
By Nico Isaac
Right now, the gold BULL-ion bandwagon is more crowded than a New York subway train during rush hour. But before you squeeze your way into the crowd of passengers, you should know one thing: Those steering the course are using outdated maps based on ill-conceived notions and illusory hopes.
Read full article... Read full article...
Tuesday, March 23, 2010
How to Day Trade Spot Gold Futures with Accuracy / Commodities / Gold and Silver 2010
By: Chris_Vermeulen
Day Trading Spot Gold Futures is a touchy subject among traders. You either hate it and think it cannot be day traded for consistent gains or your love it finding its movements very accurate. As most of you know I love trading gold
Tuesday, March 23, 2010
Gold Recovers From Early Losses as Greek Drama Continues / Commodities / Gold and Silver 2010
By: GoldCore
Gold closed at $1099.70/oz yesterday having lost 0.7%; it then recovered in Asian trading. Gold is currently trading at $1,102.80/oz, and in EUR and GBP terms €814.22/oz & £731.42/oz respectively.Gold has recovered somewhat from the weakness in Asian and early European trading and this may be due to the dollar giving up its earlier gains.
Tuesday, March 23, 2010
U.S. Dollar Debt Tipping Point to Price Inflation / Commodities / Gold and Silver 2010
By: Jim_Willie_CB
The USEconomy is bifurcated, with price inflation advancing on the cost side while price deflation harms on the asset side, to produce a nasty storm that is unlikely to abate. When high pressure zones clash with low pressure zones, hurricanes and tornadoes occur. Calling the resulting near 0% or low 2% price inflation on a net basis a good sign completely ignores the forces pulling the national economy apart. Economists prefer to view the landscape in aggregate, but they miss the picture composed of two important parts enduring very different forces. The financial sector has grotesquely grown, to an extreme.
Tuesday, March 23, 2010
Don't Sell Gold Warns SocGen Analyst / Commodities / Gold and Silver 2010
By: Adrian_Ash
THE PRICE OF GOLD in Dollars slipped back from an overnight rally Tuesday morning in London, edging again below $1100 an ounce as world stock markets ticked higher along with government bonds.
US crude oil contracts fell towards $81 per barrel, even as the Dollar eased lower through $1.50 per Pound and $1.35 per Euro.
Tuesday, March 23, 2010
Greece Exposes Future and Gold Opportunity / Commodities / Gold and Silver 2010
By: Neil_Charnock
We are looking at a high probability of a rally in the gold price in the coming weeks which will spur gold stocks into upward motion yet again. This is suggested due to fundamental and technical reasons. Inflation (of the money supply), increasing demand and coming uncertainty as the sovereign debt crisis gradually unfolds are three of the key fundamental drivers going forward. The pace of the increase in the money supply is increasing and causing distortions that are essential to understand.
Tuesday, March 23, 2010
A Hard Look at Gold, Silver Premiums / Commodities / Gold and Silver 2010
By: Tarek_Saab
Lost in the daily commentary about gold and silver prices is the actual cost of taking possession of these precious metals. Unless you trade in paper GLD or SLV, or you store your bullion in overseas vaults with companies like Goldmoney, the actual cost to purchase gold and silver can diverge from the COMEX spot price by as much as 36% (as I will show below). We have analyzed the premiums for these two monetary metals over the past year and a half, and we hope to offer some perspective on "real" market prices.
Monday, March 22, 2010
Gold and the Keynesian Flat Earth Theory / Commodities / Gold and Silver 2010
By: Ned_W_Schmidt
A time existed when accepted thinking was that the Earth was flat. As it was not, that thinking made for some difficulties. One matter made difficult by this wrong headed belief was navigation. How does one get a ship from one location to another with the “wrong” map? Well, it was accomplished by a set of rules twisted to enable successful navigation despite the wrong theory or framework.
Monday, March 22, 2010
U.S. Dollar Trend Driving Gold, Stocks and Commodities / Commodities / Gold and Silver 2010
By: Douglas_V._Gnazzo
It is clearly evident that the direction of the dollar looms large in the general direction of other markets: stocks, commodities, and the precious metals to name but a few. These inter-market correlations do not respond tick by tick, or day by day, but over time they obtain; and to deny them their due can be a costly mistake.
Monday, March 22, 2010
The World According to Gold / Commodities / Gold and Silver 2010
By: Midas_Letter
This past week saw the Euro edge just a little bit closer to oblivion with the petulant Greeks insinuating that they’ll default if they don’t get bailed out. Not that you’re going to see that written anywhere, because it’s a statement that simply cannot publicly be made. But reading between the lines is our particular ouevre, and so without hesitation we thus opine.