Category: Gold and Silver 2010
The analysis published under this category are as follows.
Sunday, January 31, 2010
Gold Sitting on Top of Major Support Level / Commodities / Gold and Silver 2010
By: Merv_Burak
The week has seen no major moves in gold, either way. However, the price is sitting right on top of a support area and a move either way would be telling. We can have all sorts of fun with charts one view is a move to $1140 could project to $1600, a number very much in vogue.
Sunday, January 31, 2010
Gold the Only Best Bull Market in Town / Commodities / Gold and Silver 2010
By: Douglas_V._Gnazzo
Gold is trying to carve out a bottom, as it fell 11.20 for the week, closing at $1081.50 (-1.02%). Downside momentum has lessened from last week’s 3% decline.
The big question now is: where is gold going to from here? No one knows for sure, but let’s take a look at where it is, and where it has come from, in order to determine the most probable scenario going forward.
Read full article... Read full article...
Sunday, January 31, 2010
Gold’s Ugly Price Chart Across Multiple Currencies / Commodities / Gold and Silver 2010
By: Graham_Summers
Most commentators living in the states have made a big ado about Gold breaking to a new all-time nominal high back in the fall of 2009. I didn’t buy into the mania and wrote an article titled Three Reasons Gold Might be Making a Head Fake that was published on November 10, 1009.
Saturday, January 30, 2010
George Soros Jumps Into the Great Gold Bubble Debate with Rogers and Faber / Commodities / Gold and Silver 2010
By: LewRockwell
Billionaire financier George Soros is the latest to enter the gold bubble debate, warning that with interest rates low around the world, policymakers are risking generating new bubbles which could cause crashes in the future.
Speaking Thursday to The Daily Telegraph, on the fringe of the World Economic Forum, Soros said: "When interest rates are low we have conditions for asset bubbles to develop, and they are developing at the moment".
Read full article... Read full article...
Saturday, January 30, 2010
What’s a Company's Gold Worth? / Commodities / Gold and Silver 2010
By: Casey_Research
Louis James & Andrey Dashkov, Casey’s International Speculator
At any given time, there's a single international spot price for an ounce of refined gold. Gold is priced in U.S. dollars: $1,076.50 per ounce as we go to press. But what about the gold an exploration or mining company has in the ground – how do we value that?
Read full article... Read full article...
Friday, January 29, 2010
Gold Will Continue to Glitter in 2010 Despite Market Turbulence / Commodities / Gold and Silver 2010
By: The_Gold_Report
Equities and Economics Report writer Victor Gonçalves, in this exclusive interview with The Gold Report, says the yellow metal will generally see more strength than weakness this year, hovering around $1,500. He's enthusiastic about some undervalued juniors and the prospects for rare earths, saying "a lot of projects are looking very economic and attractive."
The Gold Report: Victor, when we last spoke in October you predicted gold would see more strength through the end of the year and we'd see another market rally before a correction. Gold has indeed strengthened and we saw a market rally, but not a correction yet. Does it mean we are due for a correction and, if so, in what time frame and by how much?
Friday, January 29, 2010
Gold's Inflation Bogey, Part II / Commodities / Gold and Silver 2010
By: Adrian_Ash
It isn't rocket surgery. Gold appeals – and thus rises – when the better alternatives don't...
DURING THE 1980s and '90s...when US consumer prices rose at what would have been record rates if it hadn't been for the '70s...the price of gold fell by three-quarters.
Read full article... Read full article...
Friday, January 29, 2010
Stronger U.S. Dollar Means Weaker Gold / Commodities / Gold and Silver 2010
By: Mike_Paulenoff
The Dollar Index (DXY) continues strengthen (79.41 last), which is making life difficult for gold and the SPDR Gold Shares (NYSE: GLD). With the DXY making new recovery highs, its inverse relationship with gold remain remains very much intact, as the GLD presses marginally below its Dec 22 at 105.31. My near and intermediate-term technical work in the DXY argues for higher prices to 80.00 next and thereafter to 82.00, which if accurate implies lower gold prices that projects the GLD to the 100.00-99.00 next target zone.
Read full article... Read full article...
Friday, January 29, 2010
Gold’s China Syndrome / Commodities / Gold and Silver 2010
By: Sean_Brodrick
Gold continues to slump lower as the U.S. dollar goes higher — and now we’re hearing talk of a gold “meltdown.” Oh, please! Sure, gold could be in for a deeper correction — I’d love for it to pull back to support around $945, so I could buy more. And as this chart shows, gold could be on its way there in the short-term…
Friday, January 29, 2010
Gold Versus Co2 Bancor, Why Are Gold Bugs Scared? / Commodities / Gold and Silver 2010
By: Andrew_McKillop
Threats to gold's supposed 'natural role' as a strong, solid and reliable money standard always rise
when gold prices are at, or near record highs. Generating fear in the minds of gold buyers and
speculators, downsider sentiment is driven not only by the latest one-liner from George Soros,
but also by the market action of vested interests stretching from equity asset managers, to
central bankers and politicians. All rally to the task of 'saving the money', and other paper stores
of value by acting to push down gold prices, whose current faltering levels near all time highs in
nominal dollars could or might fall by 50%.
Friday, January 29, 2010
Gold Hits 2nd Monthly Loss as Greek Bail-Out Denied / Commodities / Gold and Silver 2010
By: Adrian_Ash
THE PRICE OF GOLD held in a tight range early Friday in London, trading 0.9% above yesterday's 3-month low of $1075 an ounce as European stock-markets ticked higher from this week's 3% drop.
Read full article... Read full article...
Friday, January 29, 2010
Gold Falls on Momentum Traders Selling Despite Asian Demand / Commodities / Gold and Silver 2010
By: GoldCore
Gold experienced a couple of sharp dips to below $1,075/oz in US trading but it recovered just as quickly and closed yesterday marginally lower. It has been more steady in Asian trading so far this morning, not moving outside a range of $1,079.50/oz to $1,086/oz. Gold is currently trading at $1,082.00/oz and in Euro and GBP terms, gold is trading at €776/oz and £671/oz respectively.
Thursday, January 28, 2010
Gold Price Tracks Euro / Commodities / Gold and Silver 2010
By: Adrian_Ash
THE SPOT PRICE of wholesale gold bounced higher from a new 5-week low to the Dollar overnight in Asia on Thursday, rising in London trade to match a 0.5% gain in world stock markets.
Earlier dropping as the European single currency sank through $1.40 to its worst level since July, "[Gold] inevitably followed the Euro's rebound," said one Hong Kong dealer this morning.
Thursday, January 28, 2010
Precious Metal Analysts Bullish in 2010; Asia Favours Gold as Inflation Hedge / Commodities / Gold and Silver 2010
By: GoldCore
Gold slipped some 1% to $1,085.40/oz in US trading but then recovered to range trade from $1,085/oz to $1,091/oz in Asian trading. Gold is currently trading at $1,089.00/oz and in euro and GBP terms, gold is trading at €779/oz and £672/oz respectively.
Thursday, January 28, 2010
Silver Update, Investors Instant Gratification Or Complete Apathy? / Commodities / Gold and Silver 2010
By: Investmentscore.com
The financial markets have millions of people competing for profitable trades but unfortunately their natural instinct gets in the way of the final goal. Through evolution these investors are programmed to proceed (buy stocks) when they are feeling confident and run (sell) when they are scared. The result of this “basic instinct” mentality is the classic, buy high and sell low, losing trade.
Thursday, January 28, 2010
Gold Stock Bugs Need a Boost? / Commodities / Gold and Silver 2010
By: Adam_Brochert
Sentiment is terrible in the Gold patch right now, which is what's usually needed to form a lasting bottom. It's so bad that people are actually concerned about what Prechter is saying is going to happen to the Gold price right now (in case you don't know Prechter's track record on Gold, it's simple: he's been "big picture" bearish on Gold for the past ten years).
Thursday, January 28, 2010
Gold Is Going Nowhere But Up / Commodities / Gold and Silver 2010
By: Submissions
Joshua Burnett writes: My father-in-law recently set me an article which was published in the Money section of CNN under the title: “Beware The 4 New Asset Bubbles,” written by Shawn Tully, senior editor at large at Fortune. Mr. Tully contends that there are four new balloons in the economy: Treasuries, oil, gold, and stocks. Since my father-in-law was primarily concerned with gold let’s look at that.
Wednesday, January 27, 2010
Gold's Inflation Bogey and Prechter's Stock Market 50 Point Crash / Stock-Markets / Gold and Silver 2010
By: Adrian_Ash
This time IS different for gold. Different from how everyone sees it, that is...
STOCK-MARKET BULLS are so dumb, apparently they need Bob Prechter to tell them to sell.
Read full article... Read full article...
Wednesday, January 27, 2010
Gold Beats Stocks as Asian Wealth's Chosen Inflation Hedge / Commodities / Gold and Silver 2010
By: Adrian_Ash
THE WHOLESALE PRICE of gold erased an overnight rally in London on Wednesday, trading unchanged for the week $1092 an ounce as global stock markets fell yet again.
Commodities, the Dollar and government bonds were also little changed ahead of today's monetary policy decision from the US Federal Reserve.
Wednesday, January 27, 2010
Gold Rises Slightly as Uncertain Political and Regulatory Conditons Leading to Uncertainty in Markets / Commodities / Gold and Silver 2010
By: GoldCore
Gold rose slightly in US trading yesterday and rose in early trade in Asia prior to range trading between $1,092/oz and $1,098/oz overnight and this morning. Gold is currently trading at $1,096.40/oz (support at $1,075/oz) and in euro and GBP terms, gold is trading at €779.08/oz and £676.08/oz respectively.
Read full article... Read full article...