Category: Gold and Silver 2010
The analysis published under this category are as follows.Wednesday, January 06, 2010
Bob Moriarty Forecasts Boom Time for Gold Stocks 2010 / Commodities / Gold and Silver 2010
321gold founder Bob Moriarty returns to The Gold Report for a lively exclusive interview about what he sees as the best investments for 2010. "Last year it was gold," says Bob, "and this year I believe it will be gold shares." Noting that Bernanke 'destroyed the financial system of the world,' Bob sees two possible outcomes—a deflationary collapse wherein the U.S. refuses to pay back its $10 trillion debt, or hyperinflation. "Those are the only two alternatives," he says, "and either is pretty bad."
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Wednesday, January 06, 2010
Gold Rally On First Trading Day of 2010, But Is The Bottom In? / Commodities / Gold and Silver 2010
The precious metals moved higher in the first trading session of 2010, which is traditionally known as a bullish sign for the whole following year. However, this single session does not determine the direction in which metals will head in the following days / weeks - there are other tools that need to be applied in order to find the most probable shor-term outcome. In the following essay I will focus on the current situation on the gold market (charts courtesy of http://stockcharts.com) and its implications for long-term Investors and short-term Speculators.
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Wednesday, January 06, 2010
Five Reasons Why You Should Own Silver Coins / Commodities / Gold and Silver 2010
There are a multitude of reasons the average investor should have at least some of their assets invested in silver. Consider these five reasons that can help you grow your assets while preserving your wealth.
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Wednesday, January 06, 2010
Why Precious Metals Investing Has Only Just Begun / Commodities / Gold and Silver 2010
As with any commodity or investment, the rules of supply and demand make the biggest impact on price. Today's precious metals investors have only seen the ground floor of an explosion in the popularity of gold and silver as an investment.
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Tuesday, January 05, 2010
Gold Rally Triggers Buy Stops as Crude Oil Leads Commodities Surge / Commodities / Gold and Silver 2010
THE PRICE OF GOLD eased back from its strongest Dollar and Euro prices in nearly three weeks in London on Tuesday, holding above a one-month high of £700 per ounce for UK investors as European shares and US stock futures held flat.
The CRB commodities index rose almost 2% as sugar neared a three-decade high and US crude oil contracts touched $82 per barrel – more than twice the price of 12 months ago.
Tuesday, January 05, 2010
New Year Optimism Sees Financial Markets Rally / Commodities / Gold and Silver 2010
Gold rose 2% yesterday and reached as high as $1,128/oz overnight and has steadied near these levels since. Gold is currently trading at $1,125.00/oz and in euro and GBP terms, gold is trading at €780/oz and £702/oz respectively.
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Tuesday, January 05, 2010
Gold, Silver and Financial Markets Outlook for 2010 / Commodities / Gold and Silver 2010
Welcome to 2010 and a happy New Year to all from the GoldOz team. I have been looking at the trends, contemplating chart technicals and talking to some equity & finance analysts. This year will initially see a continuation of the trends established in 2009. I understand that this seems like a bland statement. The stock market reads future trends and outcomes at times and has factored (government sponsored) growth this year. Thanks to the vast overflow and after effect of the stimulus capital flows this will come to pass initially and therefore I consider that the highest probability is that the stock market rally will continue in the first half.
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Tuesday, January 05, 2010
Fed Statements Clear Any Doubts of Gold Hitting $1,700 / Commodities / Gold and Silver 2010
We must applaud the leadership of the Federal Reserve. That group is certainly attempting to be more efficient. Why wait till later in the year? Do it early, and get it done. Make a speech filled with what may go down as the height of economic drivel on the 2nd day of January, rather than later in the year. Maybe Chairman Bernanke thought if he spouted economic nonsense early in the year, most would forget his blundering leadership by year end.
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Tuesday, January 05, 2010
Gold GLD ETF and the U.S. Dollar Into Early 2010 / Commodities / Gold and Silver 2010
Since December 22nd, GLD has been bouncing back from a steep and swift sell-off from its early December peak. The question is, can it recover or will it fail to make new highs in 2010?
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Monday, January 04, 2010
Gold Jumps as Fed Comments Hit Structurally Weak Dollar / Commodities / Gold and Silver 2010
THE PRICE OF WHOLESALE GOLD jumped higher in Asia and early London dealing on Monday, kick-starting 2010 with a 1.8% gain to hit two-week highs as world stock markets rose together with base metal and energy prices.
Government bonds fell, as did the US Dollar – down to $1.44 per Euro by mid-afternoon in Frankfurt.
Monday, January 04, 2010
Precious Metals Rise on 2010's First Trading Day / Commodities / Gold and Silver 2010
Gold range traded overnight from $1,099/oz to $1,103/oz but it has since moved up some 1.7%. Gold is currently trading at $1,112.00/oz and in euro and GBP terms, gold is trading at €775/oz and £688/oz respectively.
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Monday, January 04, 2010
Change in The Old Order Impact on Financial Markets and Gold / Politics / Gold and Silver 2010
“The old order changeth, yielding place to new,
And God fulfills himself in many ways,
Lest one good custom should corrupt the world.” Alfred Lord Tennyson, “The Death Of Arthur.”
“The Death of Arthur” takes place in the 6th century A.D., but Tennyson wrote it in the late 19th century, and the idea he expresses is a 19th century idea. It is the theme for this first article of 2010 because evidence is coming in that, in the US today, the old order is changing. If this proves correct for the US, then similar implications may apply for the remainder of the world.
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Sunday, January 03, 2010
Global Quantitative Easing to Drive Across Gold, Silver and Stocks Bull Markets During 2010 / Commodities / Gold and Silver 2010
The year ended with a typical light volume"Santa Claus" rally. Understandably there is considerable trepidation about what the New Year will bring after the prolonged rally from last March and the known fact that would-be sellers have been holding off in recent weeks, waiting for the New Year to sell for tax reasons. It doesn't look good, especially given the rather scary sudden drop in the last hour of trading before the Christmas holiday.
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Sunday, January 03, 2010
Gold Price Making a Base / Commodities / Gold and Silver 2010
I have been on record that am not a gold bug but when opportunity presents itself, one does not care whether one is a bug or not or whether one knows anything about the asset at all. The Gold opportunity is one such case. Nearly the whole world is going negative on it as it has crashed 11% from its peak. Even when it climbed, HUI Gold sentiment index was never close to its all time highs. Now that it has crashed it is well below its average. That just shows Gold is again turning to be hugely a contrarian’s call.
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Sunday, January 03, 2010
Gold Is Heavy But Could Rebound Here / Commodities / Gold and Silver 2010
Although December’s heavy sell off in the Gold (and Silver) market confirmed a significant set of monthly and weekly cycle highs, highs that may take this metal some time to meet/exceed, there now appears to be plenty of credible technical evidence to suggest that Gold may be ready to mount a minor rebound rally back up toward the $1,125 to $1,135 price zone. There are a couple of key market analysis tools that we can rely on to see if we can both confirm and then capitalize on a possible swing back up to a major Fibonacci resistance zone. Let’s take a closer look right now.
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Sunday, January 03, 2010
Gold and Double Dip Recession / Commodities / Gold and Silver 2010
Countless investors fear a double-dip recession. It is quite possible that a second drop of economic activity during 2010 will occur. It is also quite possible that the supportive actions of governments will run out. Even the central banks are not a bottomless pit ( as long at they have enought paper to print more money).
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Friday, January 01, 2010
Jim Rogers on Gold and Dollar, Past and Future / Commodities / Gold and Silver 2010
It is the time of the year, when you love to recollect what others said on things you like and dislike. And on commodities, what better voice to listen to than that of Jim Rogers, the global investing guru on commodities. Rogers' views on gold, silver, platinum, palladium, dollar, pound and agricultural commodities were the most resounding during the whole of 2009.Read full article... Read full article...
Thursday, December 31, 2009
China's 2010 Gold Rush / Commodities / Gold and Silver 2010
Owning gold is more often an end-in-itself than as an investment vehicle...the aim of accumulation, not the means...
THE COLLAPSE in India's gold demand during 2007-09 might seem good reason to question the fundamental strength of gold buying worldwide.
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Wednesday, December 30, 2009
A Happy New Year for Metals / Commodities / Gold and Silver 2010
In welcoming 2010, the stars could not be better aligned for precious metal investors. Stimulus spending, coupled with a low federal funds rate and a new jobs program, should put plenty of money in the hands of precious metals holders.
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Wednesday, December 30, 2009
Gold and Silver to Explode with Treasury Issuance in 2010 / Commodities / Gold and Silver 2010
Now that 2009 has come to a close, investors are looking forward to the happenings of 2010. One of the most important events is the issuance of nearly $2.2 trillion in Treasury bonds to fund government spending. Although $2.2 trillion seems relatively small compared to a federal debt just over $12 trillion, the size is magnified when you consider its impact on the markets.
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