Category: Gold and Silver 2010
The analysis published under this category are as follows.Thursday, March 04, 2010
Don't Let Analysts Skew Your Metals Portfolios / Commodities / Gold and Silver 2010
Every time an investment outperforms much of the market, the entirety of the financial services community reaches in to offer their two cents. We saw this in real estate, the bull run in commodities throughout the early 2000s, and in many high performing investment sectors before these booms.
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Thursday, March 04, 2010
Chinese Government to Citizens: Buy Gold and Silver / Commodities / Gold and Silver 2010
No longer favoring the US dollar, the Chinese government increased its holdings of gold from 600 tonnes in 2003 to 1,054 tonnes in 2009. This month, rumors began circulating that the Chinese government may indeed purchase from the IMF 191.3 tonnes of gold. While the government has denied this rumor, China Investment Corp. has purchased positions in gold miners such as Canadia’s Kinross Gold, Gold Fields of South Africa, and AngloGold Ashanti.
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Thursday, March 04, 2010
Gold Rally Pauses on Asian Selling / Commodities / Gold and Silver 2010
GOLD PRICES bounced above yesterday's low of $1133 an ounce for US investors early in London trade on Thursday, rising back to $1140 by lunchtime as the Dollar eased back on the forex market and European shares held flat.
UK and Eurozone interest rates were left unchanged by this month's central-bank decisions in London and Frankfurt.
Thursday, March 04, 2010
Gold's Technicals Improved as Markets Await U.S. Jobs Report / Commodities / Gold and Silver 2010
Gold had a strong run in London and the US rising to $1,144.85/oz before falling back slightly to close up 0.55% in US trading. It has dropped as low as $1,132.00/oz in Asian trading this morning before bouncing somewhat. Gold is currently trading at $1,138.00/oz and in euro and GBP terms, gold is trading at €833/oz and £756/oz respectively - near recent nominal highs in both currencies.
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Thursday, March 04, 2010
Consquences of Storing Wealth in Cash Paying Negative Real Returns / Commodities / Gold and Silver 2010
How long will people choose to hold any wealth in cash given it's losing value thanks to negative real rates of interest...?
PEOPLE don't always do what policy-makers expect or demand of them. And a good job, too.
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Thursday, March 04, 2010
Cyclical Stocks Bull Market vs. Secular Gold Bull / Commodities / Gold and Silver 2010
Since March of 2001, the stock market has been and continues to be in a secular bear market. Beginning in March 2009, stocks have been in a cyclical bull market. This means our current stock market is in a relatively short term bull rally within a much longer term secular bear market decline.
The current rally will serve to separate the second phase of the secular bear from the third and potentially most damaging leg down in the ongoing bear market.
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Thursday, March 04, 2010
Gold Price Trend in U.S. Dollars and Other Currencies / Commodities / Gold and Silver 2010
We've started our previous essay, by describing several interesting facts about the U.S. Dollar. We wrote the following:
We've recently read something (http://www.lewrockwell.com/margolis/margolis179.html) that can elucidate the enormous, almost incomprehensible, size of the U.S. government debt. The numbers are so huge that it is difficult for most people to get a handle them.
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Thursday, March 04, 2010
Gold Looking Good, Silver Even Better / Commodities / Gold and Silver 2010
The gold rally that began last fall and drove gold through the $1,200 resistance level in late November doesn't seem to be panning out the way the rallies of 2005 and 2007 did. In this exclusive Gold Report interview, Gold Newsletter editor and publisher Brien Lundin admits he's a bit worried about this run's breakout. He hasn't lost hope, he says, but "we really need to clear $1,250 over the next six to eight weeks to validate the continuance of this as another one of these major gold rallies" that would carry gold up to the $1,350 to $1,500 range that he had anticipated. However that turns out, he expects gold to remain strong and gold stocks, particularly juniors, to outperform the market in general. Brien is stoked on silver, too, and in fact in relative terms expects it to rise further and faster than gold.
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Wednesday, March 03, 2010
Colombia, A New Gold Rush? / Commodities / Gold and Silver 2010
by Andrey Dashkov, Casey’s International Speculator - For many investors, Colombia remains a grey spot on their mental maps of South America. La Violencia, the 50-year dark age in its recent past, came to an end with the close of the 20th century. But the memories are fresh, and the impact on the local economy and international perceptions of the country lingers. This reputation still prevents most foreigners from investigating Colombia’s potential – and that spells opportunity.
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Wednesday, March 03, 2010
Gold Very Bullish Breakout / Commodities / Gold and Silver 2010
GOLD DEALT in the professional wholesale market rose further on Wednesday morning in London, extending what one dealer calls Tuesday's "aggressive rally" as stock markets and commodity prices held flat.
The Dollar slipped vs. the Euro after the Greek government agreed a fresh round of "austerity" measures and the private-sector ADP report said US payrolls fell by 20,000 last month, rather than the 13,000 loss analysts forecast.
Wednesday, March 03, 2010
Gold Going Higher, Even George Soros Agrees With Marc Faber / Commodities / Gold and Silver 2010
Is gold in a cyclical bull market that could last for years to come or is it another asset bubble created by loose monetary conditions about to crash? The debate has been raging for some time and shows no signs of abating.
But, the strange thing about this debate is that some of the perceived opponents may actually be more in agreement than they would let us believe.
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Wednesday, March 03, 2010
Gold Makes Nominal Highs in Sterling and Euros / Commodities / Gold and Silver 2010
Gold had a strong run in London and the US reaching $1,137.50/oz before closing up 1.73%. It range traded in Asian trading earlier this morning before going back up to $1,138.00/oz. Gold is currently trading at $1,137.00/oz and in euro and GBP terms, gold remains near the new record nominal highs seen yesterday - trading at €833/oz and £755/oz respectively.
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Wednesday, March 03, 2010
The Four Keys to Gold Price Trend 2010 / Commodities / Gold and Silver 2010
The question now remains whether gold is stuck in a D-wave decline or whether the action since December has just been a very tricky midpoint consolidation before the C-wave finishes its run.
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Wednesday, March 03, 2010
Fiat Currency Regimes Cranking Up the Printing Presses, Let them Eat Paper / Commodities / Gold and Silver 2010
"Qu'ils mangent de la brioche" or "Let them eat cake" has become a phrase used to denote the obliviousness and selfishness of the ruling establishment. Well, with a slight twist it's apropos in the case of paper debt-backed paper currency regimes under stress. Cranking up the debt presses to ease the nominal pain of asset price declines destroys the savings of those who are conservative with their money. Such a monetary system, when in its terminal phases, forces citizens of the world into a dangerous casino to maintain the purchasing power of their savings.
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Tuesday, March 02, 2010
Gold "Protects Against Turmoil" as New Euro & GBP Records Set at Fix / Commodities / Gold and Silver 2010
THE PRICE OF GOLD rose against all major currencies early Tuesday bar the Canadian and Aussie Dollars, as world stock markets rose together with crude oil and base metals, and government bonds ticked lower.
The US Dollar eased back on the forex market, but the price of gold in both Euros and Sterling still hit new all-time highs at the 10:30am Gold Fix in London.
Tuesday, March 02, 2010
British Pound Falls Against Gold On Fears of New Sterling Crisis / Commodities / Gold and Silver 2010
Gold range traded between $1,115.00/oz and $1,120.00/oz before closing marginally lower at $1,117.40/oz in US trading. It reached as high as $1,120.00/oz in Asian trading earlier this morning. In early European trading, gold rallied to a weekly high, trading at $1,121.80/oz and in euro and GBP terms, gold is trading at €828/oz and £749/oz respectively.
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Monday, March 01, 2010
Junior Gold Miners Playing the Exploration End Game / Commodities / Gold and Silver 2010
Gold has been about the best investment around for the past decade," says Eric Coffin, despite having been lukewarm towards the precious metal in the early '90s. Co-editor along with his brother David of the HRA (Hard Rock Analyst) publications, Eric explains why they're sticking with the exploration stories that work and how they prefer mining executives who will "swing for the fence for themselves rather than just option everything" in this exclusive interview with The Gold Report.
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Monday, March 01, 2010
U.S. Mint Short on Savvy, not Supply / Commodities / Gold and Silver 2010
At the writing of this article, the first week of March 2010, the United States Mint is once again facing an extended "shortage" on silver American Eagles. Surprising? Hardly. This has become a regular phenomenon.
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Monday, March 01, 2010
Gold C-Wave Advance or D-Wave Crash? / Commodities / Gold and Silver 2010
From the 2001 beginning of the great secular bull market in gold, price has followed a predictable ABCD wave pattern.
This pattern has since played out five times. And on each occasion the C-wave has provided a spectacular performance. Gold’s C-waves of 2002, 2005 and 2007 yielded brisk gains of 18, 61 and 41%, respectively.
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Monday, March 01, 2010
Are we in the Midst of a New Gold Rally? / Commodities / Gold and Silver 2010
George Soros, the man who made over $1bn by short-selling the sterling pound in 1992, has more than doubled his holding of gold over the past few weeks.
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