Category: Gold and Silver 2010
The analysis published under this category are as follows.Thursday, January 14, 2010
Russia Playing Russian-Roulette With Gold Sales / Commodities / Gold and Silver 2010
Let’s consider a well publicized recent sale of Russian gold bullion to itself:
Read full article... Read full article...
Thursday, January 14, 2010
Gold Market on Uptrend, Shows Positive Buying Signals / Commodities / Gold and Silver 2010
Today I Have The First Buy Signal In Over A Month! Please review my December 3rd analysis here: http://mckinneytrading...
Read full article... Read full article...
Thursday, January 14, 2010
Will 140% Return on Warrants of Gold and Silver Miners Repeat in 2010? / Commodities / Gold and Silver 2010
A comparison of the returns of the various gold investment alternatives achieved in 2009 clearly shows that gold bugs were misguided in focusing on gold bullion alone. Why? Because gold was NOT where the major profits were realized - not by a long shot!
Read full article... Read full article...
Wednesday, January 13, 2010
Gold and Silver Recover from Earlier Plunge on Fresh U.S. Dollar Weakness / Commodities / Gold and Silver 2010
THE PRICE OF GOLD regained a third of yesterday's 2.5% plunge in London dealing on Wednesday, bouncing as the US Dollar eased back and Wall Street futures pointed higher from Tuesday's 1.0% drop.
By the time New York traders reached their desks, gold priced in Dollars stood little changed from last week's close at $1137 an ounce.
Wednesday, January 13, 2010
Gold Falls 2% as Macroeconomic and Geopolitical Risk Sees Increasing Risk Aversion / Commodities / Gold and Silver 2010
Gold fell nearly 2% yesterday as talk of China curbing lending (raising the proportion of deposits that banks must hold in reserve) saw traders take profits. Gold range traded in Asian trade before rising to currently trade at $1,134.00/oz at 1000 GMT. In euro and GBP terms, gold is trading at €782/oz and £698/oz respectively. The German economy shrank by 5% last year, its deepest recession since World War II. This makes the euro vulnerable to a correction - especially given the risk of insolvency to some other EU members. Gold's resistance at €800 per ounce could be overcome soon.
Read full article... Read full article...
Wednesday, January 13, 2010
Silver Bearish Technicality / Commodities / Gold and Silver 2010
Don't get me wrong: I love silver - I have for as long as I can remember. There is just something about the oft-mystically-mentioned white metal that attracts me. Maybe I hate vampires (that new Twilight craze certainly hasn't added any vampire merit points), or maybe I just like high electrical conductivity and a pure looking luster.
Read full article... Read full article...
Tuesday, January 12, 2010
Why Silver Premiums Are Critical to Your Bottom Line / Commodities / Gold and Silver 2010
Investors looking for the best and most lucrative silver investment should be keen to buy physical silver that carries the lowest premiums. Consider these three reasons why.
Read full article... Read full article...
Tuesday, January 12, 2010
Unemployment, A Boon for Silver / Commodities / Gold and Silver 2010
There isn't a single commodity, equity, or security that escapes the influence of the unemployment rate. Typically, unemployment has lasting implications on investments, but for metals, it may be positive rather than negative.
Read full article... Read full article...
Tuesday, January 12, 2010
Will Gold be the only Currency? / Commodities / Gold and Silver 2010
Lets face it…when we look at a $100 Bill. It says this note is legal tender for all debts public and private. More so. It says In God We Trust. However… Can we still believe in the central banks, the FDIC or for that fact any currency because at the end of the day it is just a piece of fine weaved paper. It does not matter if it is the US dollar, the Japanese Yen or the Swiss Franc… It is just paper. I am not a gold bug nor do I know where the gold market is headed. I am a trend following commodity trader who just reacts and tries to follow trends when they happen.Read full article... Read full article...
Tuesday, January 12, 2010
Gold Falls on China Rate Tightening / Commodities / Gold and Silver 2010
THE PRICE OF GOLD fell early Tuesday in London dealing, dropping below $1148 an ounce as commodity prices and equities fell after China's central bank reduced credit supplies in the world's fastest-growing economy.
The gold price gave back half of Monday's 2.1% jump agains the Dollar after the People's Bank raised its yield on 1-year bills by 0.08% – twice the expected rise – and withdrew a one-day record worth $29 billion in cash from the Chinese bond market.
Tuesday, January 12, 2010
Gold Rises as Financial Markets Wobble on Increased Interest Rate Risk and Alcoa / Commodities / Gold and Silver 2010
Gold rose 1% yesterday reaching 5-week highs and range traded between $1,151/oz and $1,158/oz overnight. It has dropped off slightly since but remains marginally higher in late morning trade in London. The poor jobs report last Friday has created investor uncertainty and has seen dollar weakness in the early part of the week leading to the firm gold price. Alcoa's below consensus earnings have not soothed these jitters. Gold is currently trading at $1,152.00/oz and in euro and GBP terms, gold is trading at €796/oz and £716/oz respectively.
Read full article... Read full article...
Tuesday, January 12, 2010
Silver Futures Reversal: Can the 2008 Highs Be Taken Out? / Commodities / Gold and Silver 2010
Trading Silver Futures: Silver bulls have been rewarded for their patience during the recent sell off with a very strong bullish weekly reversal bar, one that also forms one end of a very nice up trend line (see dotted blue line on the chart). For the moment, the momentum is now back in the hands of the bulls, and there seem to be numerous technical clues that suggest that another attempt to take out the March 2008 near $21.19 may be launched soon. A look at the weekly chart for cash Silver may help us discern how far this new reversal may run.
Read full article... Read full article...
Tuesday, January 12, 2010
Gold, Silver, Platinum...W.T.F.?! / Commodities / Gold and Silver 2010
Brad Stafford here in place of Adam Hewison and I have a great new video for you. I’m sure many of you read that title and your mind went in the gutter, but today I’m going to show you a whole new meaning for this acronym and how it applies to gold, silver, and platinum.
Read full article... Read full article...
Tuesday, January 12, 2010
How Does U.S. Dollar Weakness Impact Gold and Silver Investors? / Commodities / Gold and Silver 2010
During the past week we've sent a Market Alert to our Subscribers, in which we commented on the current developments on the precious metals market, and indicated what action appears to be profitable under those conditions, and in the following essay we would like to elaborate on one of the points raised in that particular message.
Read full article... Read full article...
Monday, January 11, 2010
How to Buy Gold in 2010 / Commodities / Gold and Silver 2010
In just the first few trading days of the new year, gold has skyrocketed almost $35 … building up momentum for a new surge … and likely pointing the way to a far more powerful rally to new all-time highs later in 2010.
You can see the surge in the chart to the right. It’s a thrust higher that caught almost everyone off-guard.
Read full article... Read full article...
Monday, January 11, 2010
Gold Forecast 2010, Resuming its Historical Monetary Role as the Anti-Currency / Commodities / Gold and Silver 2010
Good afternoon. As always, it is a privilege to speak at the Empire Club.
Each year for the past three years, I have returned to share perceptions about the precious metals industry and specifically about gold. Generally, this forces me to step back and assess the previous year's events and then to speculate about what they may indicate for the coming year. Choosing the seminal events this year has been more difficult than usual. Lately the pace of gold-related news has accelerated exponentially with gold’s rising price. While 2009 was an exciting year for gold, setting a new average high of $1,088, 2010 promises to be even more exciting.
Read full article... Read full article...
Monday, January 11, 2010
NYMEX Gold (GC) Options Trade Entry Alert / Commodities / Gold and Silver 2010
The J.E.D.I. Way will be buying the following call options on Nymex Gold at the Market: (1) 1 - Nymex Gold April 2010 1700 Call Option (Ticker Symbol: GCJ11700C) (2) 1 - Nymex Gold June 2010 1700 Call Option (Ticker Symbol: GCM11700C) (3) 1 - Nymex Gold August 2010 1700 Call Option (Ticker Symbol: GCQ11700C)
Read full article... Read full article...
Monday, January 11, 2010
Gold Jumps on Record Chinese Export Data, Silver Hits 30-Year High vs. Sterling / Commodities / Gold and Silver 2010
THE PRICE OF GOLD and silver both leapt alongside oil prices, base metals and agricultural commodities at the start of Monday's trading, touching a 5-week high against the US Dollar at $1160 an ounce.
Government bonds also pushed higher, sending interest rates lower from last week's multi-month highs.
Monday, January 11, 2010
Gold Surges on Higher Crude Oil and Lower U.S. Dollar / Commodities / Gold and Silver 2010
Gold surged on the open in Asia and has range traded between $1,152/oz and $1,159/oz overnight and it has moved upwards in late morning London trading. Gold is currently trading at $1,157.00/oz and in euro and GBP terms, gold is trading at €796/oz and £717/oz respectively. $1,200/oz gold looks like it could be challenged again this week.Read full article... Read full article...
Monday, January 11, 2010
Currency Crisis Will Drive Gold During 2010 / Commodities / Gold and Silver 2010
We have a really big flightless bird Down Under called the Emu. I will not draw absolute parallels between the European Monetary Union (EMU) and the Emu, even in jest, however the Euro looks like it will appear flightless at best this year. Perhaps the myth that they (Emu’s) bury their head in the sand when facing danger may come true for the EMU this year however don’t count on it. Dire monetary events may force a change of heart and a dose of reality. This region will not be the only source of upheaval and volatility this year as I shall discuss below.
Read full article... Read full article...