Category: Gold and Silver 2010
The analysis published under this category are as follows.Thursday, February 18, 2010
1001 Reasons to Own Gold / Commodities / Gold and Silver 2010
Jeff Clark, Senior Editor, Casey’s Gold & Resource Report writes: Tracking the numerous ongoing bullish factors for gold is quite a chore. There are, quite literally, so many compelling arguments for holding our favorite metal that I used to catalog them each month in our letter.
The reason there are so many “reasons” is because gold is unlike any other asset. It...
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Thursday, February 18, 2010
Greece Turns the Euro Into a “Carry Trade” Currency / Commodities / Gold and Silver 2010
Last year’s parabolic rallies in copper, gold, Brazilian and Russian stocks, and the Australian dollar, are running out of steam. Suddenly, there are eerie reminiscences of scarier days gone-by. Volatility has returned to the money markets, amid worries about a possible “double-dip” recession for the world economy, capital flight from European sovereign debt markets, monetary tightening in Australia, China, and India, and the President Obama’s backing for the “Volcker rule,” – which calls for a clamp-down on the speculative trading binges of the Wall Street Oligarchs.
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Thursday, February 18, 2010
The Deflationary Trap, Desperate Times and Desperate Measures / Commodities / Gold and Silver 2010
Things are going to continue to get darker economically. Nothing has been solved but massive currency debasement has already occurred to try to stem the tide. The reason is simple. I forget where I stole this chart from and if anyone knows who is making this chart and keeps regularly updating it, please let me know so I can check their site periodically:
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Thursday, February 18, 2010
Gold Prices Soar Past $1,100 / Commodities / Gold and Silver 2010
Gold prices have been on the rebound in the last two weeks after touching a near-term low at price on February 5th of $1,052.25. With a current (February 17) gold spot rate of $1,114.70 per ounce, the commodity has increased in worth by over $60 in 12 days.
Though down slightly from yesterday’s New York Mercantile Exchange gold price close of $1,117.80, gold is still up around $15 from the February 15th close price of $1,099.50.
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Thursday, February 18, 2010
Gold Analysis and Price Trend Forecast For 2010 / Commodities / Gold and Silver 2010
The Inflation mega-trend continues to manifest itself, this was no better illustrated then this weeks UK inflation data which shows that CPI has doubled from 1.9% to 3.5% in just 2 months! This gold analysis for 2010 is extracted from the NEW Inflation Mega-Trend Ebook (FREE DOWNLOAD NOW), that contains 109 pages of in-depth analysis and precise forecasts for economy, currencies, stocks, commodities, energy and emerging markets for the whole of 2010 and several years beyond.
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Wednesday, February 17, 2010
Unlock Gold and Silver Profits with Technical Analysis / Commodities / Gold and Silver 2010
Which camp are you in, inflation or deflation? While Mr. Market labors under the pressures of both and the burgeoning weight of artificial stimuli, Clive Maund, a 30-year veteran of technical analysis, is positioning himself for gains either way. "Properly used," he says, "technical analysis does not require the use of other inputs to be effective." In this enlightening interview with The Gold Report, Clive extols the virtues of the age-old practice as a reliable predictor of future stock price movement in any economic environment.
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Wednesday, February 17, 2010
Gold Hits Fresh Euro Record, "Breaks Downtrend" in Dollars / Commodities / Gold and Silver 2010
THE PRICE OF WHOLESALE gold bullion rose for the fifth day running against the US Dollar early Wednesday in London, touching the best level in 4 weeks at $1127 an ounce and breaking new record highs for Euro investors above €820.
Global stock markets also rose once again, with London's FTSE100 now recovering half of the last month's 9% drop.
Wednesday, February 17, 2010
Five Reasons Why Gold Will Not... / Commodities / Gold and Silver 2010
Gold has made some exciting moves recently, but what can we expect in the future? In today’s video, I point out five reasons that I do not expect gold to make a new high just yet.
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Wednesday, February 17, 2010
Gold Strength Due to Risk of International Monetary Crisis / Commodities / Gold and Silver 2010
Gold rose another 3% in US trading yesterday to finish the day at $1,119.35/oz. It has since moved upwards to as high as $1,123.50/oz Asian trading so far this morning. Gold is currently trading at $1,118.00/oz and in Euro and GBP terms, gold is trading at €815/oz and £711/oz respectively.
Wednesday, February 17, 2010
Why Silver Prices Are Safe from China's Monetary Policy / Commodities / Gold and Silver 2010
The Chinese have emerged as the new economic superpower, and already investors are beginning to feel the impact of Chinese monetary policy on commodity prices.
Precious metal investors are questioning how these Chinese policy shifts will impact their holdings. Thankfully, although a tightening of credit does have an impact on the global monetary supply, China's attempts to call back credit should have little effect on precious metals.
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Wednesday, February 17, 2010
New COMEX Rule, Another Reason to Fear Gold, Silver and Commodity ETFs / Commodities / Gold and Silver 2010
Regardless of their expensive annual fees, frequent tracking errors, and the simple fact that you'll never be able to actually touch the gold or silver your ETF claims to hold, there are several more reasons ETFs should never be used by precious metals investors. An important rule change by COMEX, the American commodity exchange, allows ETF substitutes for precious metal delivery.
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Tuesday, February 16, 2010
Gold Bull Market Celebrates 9th Birthday / Commodities / Gold and Silver 2010
Gold, silver and the metals group are coming down from their January highs, on the eve of gold’s nine year bull market run. Considering the gold price has had nine consistent yearly gains, and it’s still above $1000 is a feat in itself. Gold’s bull market is solid, a new phase has begun and it’s currently declining in a sharp, yet normal downward correction.
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Tuesday, February 16, 2010
Whether Hyperinflationary Bust or Deflationary Collapse, The Fed is Finished / Commodities / Gold and Silver 2010
Leaving Las Vegas - Have you noticed the M’s have been contracting noticeably over the past month or so, with M1 now joining the party as well. I did not pose that last sentence as a question because I am telling you this is happening, and that it’s important, and until it stops equities will continue to fall. Here comes a question though. Why is it happening? Answer: Because the bozos over at the Fed are attempting to show everyone all is ‘OK’ by attempting to drain liquidity from the system, which is necessary for continued confidence in their policies (credibility).
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Tuesday, February 16, 2010
Gold Miners ETF Should Outperform S&P / Commodities / Gold and Silver 2010
With gold prices up sharply this morning, let's have a look at the relative strength relationship between the Gold Miners ETF (GDX) and the S&P 500 Cash Index ETF (SPY). My pattern and ROC (rate of change) analysis of the relationship between the GDX and the SPY indicates strongly that the GDX has completed a corrective period versus the SPY and has turned up into an approaching period of relative outperformance.
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Tuesday, February 16, 2010
Gold Price About to Go Parabolic in Euros / Commodities / Gold and Silver 2010
How can we tell if a market is about to go parabolic? Trendlines are one way. Another way is to look at the length of corrections. How long is it taking the market to correct? Are the corrections becoming shorter and shorter?
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Tuesday, February 16, 2010
Gold Rises to New Record Nominal Euro High over €817/oz / Commodities / Gold and Silver 2010
Gold built on last week’s gains and rose nearly 1% yesterday, closing at $1,099.50/oz and gold also rose in other major currencies. Gold has risen in Asian trading and again in early European trade and is currently trading at $1,113.20/oz and in euro and GBP terms €816/oz and £710/oz respectively. As expected the crisis in the Eurozone has seen gold surge in Euro terms to new record (nominal) highs over €817/oz – thus surpassing the previous record high seen in December 2009 at €813/oz.
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Tuesday, February 16, 2010
Gold Hits New Euro High, US Threatens "Soft Default" via 9% Inflation / Commodities / Gold and Silver 2010
THE WHOLESALE PRICE of gold bullion rose at both the Asian and London openings on Tuesday, breaking new record highs versus the Euro as finance ministers from the 16-country currency zone met to discuss Greece's ongoing debt crisis.
Crude oil broke above $75 per barrel, while global stock markets rose some 0.7%, as Eurozone government bonds fell.
Monday, February 15, 2010
Gold, Silver, and HUI Bear Market and Crash Trend Forecasts / Commodities / Gold and Silver 2010
First, EXCERPT FROM “THE DELTA TURNING POINTS STORY”
By Welles Wilder (creator of the RSI, DMI and numerous other technical indicators)
Monday, February 15, 2010
Gold Hits New Euro High, Speculative Froth Evaporates / Commodities / Gold and Silver 2010
THE PRICE OF GOLD rose sharply in early London trade Monday, recording its highest-ever Gold Fix in Euros as global stock markets rose, government bonds slipped, and the major currencies were little changed.
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Monday, February 15, 2010
Gold Rises on Increased Monetary Risk / Commodities / Gold and Silver 2010
Gold rose 3.4% last week closing at $1,088.20/oz on Friday and gold also rose in other major currencies. The higher weekly close in all currencies may embolden traders and investors to buy gold again after gold’s most recent sharp selloff. Those holding large short positions will also be nervous and could cause a short covering rally. Gold has risen in Asian trading before giving up early gains and then surged again in early European trade. Gold is currently trading at $1,100.20/oz and in euro and GBP terms €807.47/oz and £701.73/oz respectively.
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